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 ...

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

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

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

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 ...