Schemes of residual profit allocation (RPA) tax multinationals by allocating their ‘routine’ profits to countries in which their activities take place and sharing their remaining ‘residual’ profit ...

Cost allocation is an important tool for any business to understand expenses. It can help managers understand the sustainability of their services and identify costs before they get out of control.

Late last year, a friend and former MBA classmate who owns several small businesses with 40-plus employees in total, introduced me to Profit First, a book by Mike Michalowicz. This book describes a ...