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 ...

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.

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

Understanding how to calculate the Cost of Goods Sold (COGS) is essential for any business owner. COGS represents the direct ...

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

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 ...

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

Accounting is vital to a business’s financial hygiene; here’s everything entrepreneurs need to know about it. Many, or all, of the products featured on this page are from our advertising partners who ...

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

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