Cost accounting may not be the most exciting way for a business owner to spend a Friday night. However, understanding the basics of cost accounting can help you track costs, increase profits, and ...

Cost accounting and product costing are two accounting methods for determining the cash needed to create goods and services. A company's decision to use either accounting technique can have lasting ...

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 ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. The cost principle is an important part of financial ...

Not so long ago, we were sitting around an enormous conference table with senior managers and the governor of a medium-sized Midwestern state. The conversation focused on the state's management, and ...

40 McNuggets for $13.99 sounds like an unbelievable deal. So, maybe it is. Groups like the Sustainable Food Trust are on a mission to demonstrate how, in the current commodity food system, big ...

Outside the world of accounting, cost segregation is not a terribly well-known concept. If someone were to poll a random assortment of 100 people in any major city the odds are slim that more than 15 ...

Please join the Accounting, Cost and Pricing Committee of the ABA Public Contract Law Section ("PCLS") for a panel discussion that will cover recent audit trends and issues; highlight recent ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. There are a number of types of accounting, serving a wide ...

This paper investigates the effect of using an end-of-period accounting scheme for inventory-related costs when costs actually accrue in continuous time. Using a simple model, we show that (i) the end ...