The U.K.-based discount retailer said it failed to correctly recognize about £7 million ($9.39 million) of overseas freight ...

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.

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

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

The competitive environment is also changing, with Poundland going hard after value and simplicity in its own back to basics ...

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

B&M shares plunge as finance chief quits over ‘embarrassing’ accounting error - The discount retailer said the issue has been ...

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 ...

B&M's CFO has told the board he will step down, after a £7m accounting error forced the company to downgrade its profit ...

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 ...