Knowing where your company spends money gives you better control over its future. Cost center accounting identifies how areas of the company that don't generate profit but are needed to support those ...

Money rules the world. From Fortune 500 companies to the dollar bills in your wallet, money is what makes the world go round. Although many people lack a basic understanding of money. That’s why we ...

A business that uses the accrual basis of accounting recognizes revenue and expenses in the accounting period in which they are earned or incurred, regardless of when payment occurs. This differs from ...

Understanding these concepts can help you make smarter financial decisions in the long run and day to day. Many, or all, of the products featured on this page are from our advertising partners who ...

The concept of materiality was defined more precisely for federal government entities in an accounting standard issued Monday by the Federal Accounting Standards Advisory Board. The guidance is ...

New concept statements released Wednesday address financial statement elements and factors FASB should consider in developing accounting guidance. The statements are presented as new chapters of ...

Nearly 30 years since setting her sights on becoming an accountant, Yao Ngoran Ngbra is only months away from earning her bachelor’s degree from Rutgers Business School-Newark and sitting for the ...

Forbes contributors publish independent expert analyses and insights. I cover logistics and supply chain management. I’ve been covering supply chain management for twenty years. Last year, I spent 20 ...

When reviewing job growth and salary information, it’s important to remember that actual numbers can vary due to many different factors—like years of experience in the role, industry of employment, ...

The Institute of Sustainability and Environmental Professionals (ISEP) has launched a new course specification for carbon ...