What Does The Term Cost Of Goods Sold (COGS) Mean? Cost of Goods Sold (COGS), often referred to as cost of sales or cost of revenue, is an accounting term that represents the direct costs incurred by ...

The discount retail firm’s finance chief also said he plans to step down from the business in a surprise update on Monday.

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.

Budget retailer B&M has reduced its outlook for FY26 after identifying about £7m of overseas freight costs that it had not correctly accounted for. The company's chief ...

As trade policy continues to evolve, CFOs must lead with strategic foresight, not just spreadsheets, to navigate complexity ...

B&M European Value Retail's share price collapsed, as it cut profits forecasts for the second time in October and announced ...

Think you have no choice but to raise your prices on your most important customers? Good news: there’s a lot more you can do to flip your P&L in your favor and build your relationships with your ...

The company did not explain how a £7m error translated into a downgrade of up to £40m for annual profitability.

Section 280E significantly increases taxes for cannabis businesses. Learn how ESOP ownership and Section 471(c) accounting can help operators lower their effective tax rates.

B&M European Value Retail’s finance chief has stepped down, the chain said on Monday, after it discovered £7m of costs had ...

B &M has slashed its profit guidance for the second time in just one month after it did not properly account for an extra £7 ...

B&M has cut its profit guidance for the second time in a month, after it failed to properly account for an extra £7m in costs ...