The goal of accounting is to produce fair and accurate statements about a company's financial performance and condition. An underlying principle of accounting is to connect the expenses that are ...

There are a number of discussions happening lately about updating handbook provisions and social media policies to ward off a suddenly over-zealous National Labor Relations Board. And this advice ...

The high-low method is used in cost accounting to estimate fixed and variable costs based on a business's highest and lowest levels of activity. By focusing on these extremes, the high-low method ...

Inventory is an asset. Figuring its value is important when you're running financial metrics, just like knowing the value of your factory or the expense of administrative overhead. The gross profit ...

Detailed cash-flow analysis will provide the best way to help prepare for retirement Income replacement ratio reflects changes a person makes when moving from work to retirement A minimum needs ...

The purpose of this article is to numerically show three different methods that can be used to calculate netback value (NBV) for pricing natural gas. Netback pricing is a contractual arrangement in ...

From January 1, 2026, the lump-sum tax mechanism will end. All business households with taxable revenue must self-declare and pay taxes based on actual revenue generated. So, how will taxes be ...