LIFO Lessons Learned
You have choices when it comes to reporting inventory costs. One popular technique, the last-in, first-out (LIFO) method, assumes that merchandise is sold...
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You have choices when it comes to reporting inventory costs. One popular technique, the last-in, first-out (LIFO) method, assumes that merchandise is sold...
Many employers routinely watch key financial metrics, such as current ratio and gross profit, but these are not the only measures you should...
How efficient is your non-profit? Even tightly run organizations can use some improvement — particularly in the accounting area. Adopting the following six...
Business owners are constantly bombarded with terminology and buzzwords. Although you probably feel a need to keep up with the latest trends, you...
A tried-and-true year-end tax strategy is to make charitable donations. As long as you itemize and your gift qualifies, you can claim a...
In a recent survey of U.S. consumers, 26% of respondents reported owning a digital assistant such as Google Home, Amazon's Echo/Dot (Alexa), and...
With millions of dollars at stake, an overextended real estate developer has a lot to lose if lack of funds causes a project...
Every year, your audit firm will conduct a fresh risk assessment before the start of fieldwork. Why? Because your auditor wants to mitigate...
For certain employers, particularly small businesses, introducing a retirement plan for employees may seem like a daunting task. The company owner may feel...