Inventory should be recorded at the lesser of your original cost or current market value. Here’s the crucial part that trips ...

Discover how Dollar-Value LIFO works in inventory accounting, its advantages in inflationary times, and its impact on financial statements and tax savings.

Discover how HIFO inventory accounting contrasts with LIFO and FIFO methods, and why it impacts COGS and taxable income, despite not being recognized by GAAP.

Tesla's stock-based compensation has surged by more than tenfold in the past 10 years to $2.45 billion TTM. Click here to ...

ClearPath CFO Advisory has announced the expansion of its professional accounting services to additional Northern California communities, including Concord, Pleasanton, Oakland, Fremont, Pittsburg, ...

Thank you for your interest. You can now access the asset below. This annual ranking of the leading national and local firms also includes data analysis, as well as their chief executives' take on the ...

We’re delighted to introduce our brand new puzzle, Mini Cogs. As you might have guessed from its name, Mini Cogs is a smaller version of our new puzzle, Cogs: a unique twist on a word game that blends ...

The performance of Call of Duty: Black Ops 7 is starting to come into focus, with sales data suggesting it’s struggling not just against rival shooter Battlefield 6, but also last year’s Black Ops 6.

University of Iowa graduate student workers, including teaching and research assistants, say they were blindsided this fall by an extra unexpected $1,500 in tuition bills, prompting their union, the ...

It's been just over a year since Sony launched the updated PS5 Slim and PS5 Pro consoles, so how's that going given Sony's pessimistic outlook in May? Pretty well, judging by the company's latest ...

GameSpot may get a commission from retail offers. After selling 7 million copies right out of the gate, EA's Battlefield 6 has now surpassed 10 million units sold. That's according to Rhys Elliott of ...

Cost of goods sold (COGS) is more than an accounting term—it’s a critical metric that directly measures your business’s production costs and impacts your profitability. Understanding and calculating ...