Learn how the lower of cost or market (LCM) method helps value inventory accurately by using the lesser of historical cost or market value, key for GAAP compliance.

To become a CPA in the United States, candidates must complete 150 semester credit hours of education, which is 30 credits beyond the typical 120 credit hours earned in a four-year undergraduate ...

Discover how accounting software aids financial transactions, simplifies audits, and saves space. Explore types, benefits, ...

Whether you hire internally or outsource functions, it’s necessary to have an experienced partner with the proper skill set ...

Section 148 of India's Companies Act mandates cost record maintenance (Form CRA-1) for companies in specified sectors with over Rs.35 Cr turnover. A cost audit is compulsory if turnovers exceed higher ...

The cost of technology is rising for accounting firms. Back in 2010, spending around 4% of a firm’s income on technology was ...

Federal regulations require that similar costs be treated consistently as either direct costs or indirect costs, in like circumstances. This regulation imposes a requirement on the University to ...

CAT expenses are forecasted to drop an additional $20 million given the SEC's order and other cost-saving measures.