Accountants can use any one of three methods for calculating inventory value and cost to keep a business in compliance with accepted accounting standards. Each method can present different problems ...
T-accounting is a method used by accountants and bookkeepers that gets its name from the T shape formed by the two columns used to record entries. Also called double-entry accounting, T-accounting ...
The Massachusetts Society of CPAs released a report Tuesday that found widespread problems with diversity, equity, inclusion and belonging in the accounting profession. Processing Content The report ...
COLONIE - Roughly a year after disclosing that it had made unintentional errors on its financial filings with federal regulators over a period of several years, fuel cell maker Plug Power has fired ...
IMGCAP(1)]Whenever I meet a new accountant, I always ask them, “Does your firm have a department specializing in Space Accounting?” It is surprising to me when they respond with expressions of ...
Increasingly complex multinational value chains, partly the result of industry consolidation or globalization, and more scrutiny from auditors and regulators are causing more and more companies to run ...
Forbes contributors publish independent expert analyses and insights. Peter Cohan, a Boston-based senior contributor, covers stocks. This article is more than 6 years old. Disgraced Wall Street ...
To Brett Whitaker and Mauro Botta the failings of the accounting industry aren't just a matter of alarming statistics or fears about a potential financial crisis. They're personal. Both tried to raise ...
Last month, Sen. Joe Manchin (D-W.Va.) called for the Build Back Better infrastructure bill to be free of accounting gimmicks. More recently, Sen. Lindsey Graham (R-S.C.) called for a “stop in the ...
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