Discover what applied cost means in accounting, how it works with allocation rates, and see an example to understand its role ...

Discover how accruals affect company finances, with insights into the accrual accounting method, its applications, and ...

To determine the value of ending inventory and, ultimately, margins, many retailers have stuck with an accounting practice known as the retail inventory method — in some cases for more than 100 years ...

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. This is the third article in a multi-part ...

Until now, cost accounting as a useful tool in hospital financial decision-making has been widely ignored. Although the RCC (ratio of cost to charges) approach still used by 70 percent of healthcare ...

In a prior article, I wrote about the appeal of counting the Federal Government as a customer, because of the size of the government’s budget, as well as its creditworthiness. In that article, I ...

Nick Chandi is the CEO of Forwardly, an award-winning B2B payment platform that helps US businesses send and receive payments faster. Why, still, won't manual accounting die? AI tools and cloud ...

Minor small business accounting errors can have a significant effect on your business's finances. Learn the most common accounting mistakes to avoid.

Restaurant accounting has specific needs and features. Here's a look at restaurant accounting methods and expenses, how tips factor in, and more.