The expanded accounting equation builds upon the basic accounting equation's use of assets, liabilities and equity by incorporating additional components such as revenues, expenses and withdrawals.

With one in three accounting firms set to be at least partially owned by private equity funds, it’s likely that changes are coming to the accounting industry. And as new management shakes up how these ...

Accounting firm Crowe is considering selling a stake to private-equity investors following years of ignoring calls from prospective buyers. The Chicago-based firm in recent weeks hired investment bank ...