A commercial bank is a type of financial institution that accepts deposits, provides checking and savings accounts, and makes loans.

An external transfer is a method of transferring funds between accounts held by different financial institutions.

Each bank customer is assigned an account number as well as a routing number. Learn how they are used to track funds and where to look for them on a check.

ACH and wire transfers are two methods for electronically sending money. Here's how they work and how to choose which is best for you.

Read this article to learn the fundamentals of accounting, including major components and vocabulary, core concepts, and some of its fundamental principles.

Auditing often refers to financial statement audits or an objective review and evaluation of a company's financial statements.

Capital budgeting is the process by which a company evaluates potential large projects or investments. It enables a comparison of predicted expenses vs expected rewards.

A debit is a balance-sheet accounting item that results in a gain in assets or a decrease in liabilities.