Cost accounting provides the management of a company with the information it needs to operate the business effectively. It differs from financial accounting in its focus on principles of costing, ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. The cost principle is an important part of financial ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Tara Anand / Investopedia Cost ...

When your business spends $5,000 on something, how your accountant records the transaction depends on what the money bought. If you used the money to pay wages or rent or the electric bill, the $5,000 ...

Q: What is a Cost Transfer? A: A cost transfer is any movement of expenses to a sponsored project via a journal entry (other than those resulting from a certified effort report or the payroll system).

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. This is the third article in a multi-part ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...

The Financial Accounting Standards Board (FASB) introduced a new accounting standard (ASU 2016-02) that requires companies to recognize operating lease assets and liabilities on the balance sheet. My ...

The Financial Accounting Standards Board has issued an accounting standards update on simplifying the presentation of debt issuance costs. The standards update is part of FASB’s simplification ...