Limited guidance from the IRS and accounting standard-setting bodies has led to a divergence in interpretation and practice for inventory valuation within the scope of business combinations. A few ...

For product-oriented business models, inventory turnover or the efficient use of inventory can greatly affect the gross profit of a business. Likewise, an accounting ...

Calculate ending inventory for the current reporting period. Your books and records should have a reasonable value, but some inventory changes may not be recorded properly, resulting in an apparent ...

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 ...

Tech companies are finally admitting it: A lot of gear that was supposed to change the world is now worth about as much as a used sofa. In the past few weeks, a steady stream of tech companies has ...

The Securities and Exchange Commission has charged the Jacksonville, Fla.-based retail chain Stein Mart Inc. with materially misstating its pre-tax income due to improper valuation of inventory ...

An audit of textbooks at 21 local high schools has found that lost books and excessive purchases at these campuses cost the Los Angeles Unified School District nearly $10 million. Such problems are ...

Dallas-based Half Price Books has made it to 40 years in business and 116 stores in 16 states without being able to tell a customer whether a book is in stock. Finally, store employees can fulfill ...

Importers are using inventory inside the supply chain to help finance the risks associated with President Trump's trade war and tariffs on overseas goods. From the retail sector to autos and drug ...