Activity-based costing, or ABC, is a costing method that managers can use for internal cost reporting and decision making. While ABC isn't allowed for external financial reporting, companies may find ...

The features of cost accounting involve assessing and recording all costs associated with operating the business. The accounting method is used to assemble and track all costs, while also guiding ...

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 ...

TaxBit, which makes tax and accounting software for the tokenized economy, debuted a new Cost Basis Interchange solution for reports and compliance on digital assets. While regulations on traditional ...

Most companies begin their carbon accounting journey using spend-based calculations, where emissions are estimated based on ...

The cost-basis reporting requirements are going to be a quagmire for shareholders and fund complexes alike. "Many mutual fund shareholders are invested in more than just mutual funds," said Jeff Cook, ...

Only seven months remain until new rules from the Internal Revenue Service on cost-basis reporting take effect. Are mutual fund companies ready? A new research report just issued by Celent claimed ...

If the project is awarded and the cost share accepted by the sponsor, one or more grant cost share worktags will be created by Sponsored Projects to account for cost shared expenses that can be ...

Author discusses the ethics of disclosing the cost of treatments to patients before prescribing them and weighing financial risk vs medical care. The practice of medicine requires high moral standards ...

DK/RK Services, a Commerce City-based bookkeeping and accounting firm, announces expanded financial management solutions ...