Learn about the methods of calculating and tracking inventory that are used in retail accounting.

How misaligned Cost of Goods creates surprise tax hits — and what to check on your balance sheet today. I N THE JANUARY ISSUE, I covered how the gold market affects inventory. Now let’s talk about how ...

Learn how GAAP applies to a company's inventory reserves, using cost or market value methods, and its impact on accounting standards and financial planning.

There are two main types of business. These are businesses that deal in products and businesses that deal in services. All other types of businesses are a mix of one of these two. Think about it, as a ...

If your small business manufactures goods for sale or purchases goods for resale, you need to elect a method of accounting for inventory. In a resale business, all goods purchased for resale are ...

Taxpayers that fail the gross receipts test are not eligible for the new rules governing inventory accounting. The $25 million threshold will be indexed annually for inflation; the 2025 amount is $31 ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance ...

Accurate inventory accounting is vital, especially in the globalized world of low-cost competition. Five critical inventory accounting control lapses threaten a company’s long-term survival.

LONDON--(BUSINESS WIRE)--SpendEdge forecast the global Inventory Accounting Services market is expected to grow by USD 10,124.28 million as we reach 2024. This is due to the impact of the COVID-19 ...

For February 26, 2018, my forensic accounting red flag is a tire company with a significant change to accounting policy. I pulled this highlight from yesterday’s research of 128 10-K filings, from ...

Retailers are trying to manage cost increases from President Donald Trump's tariffs. A practice known as retail inventory method accounting could affect how higher costs show up in companies' profit ...

Xero expects to use Locate ’s talent, expertise and inventory-accounting workflows to enhance its inventory management solution, which it plans to launch first in the U.S., and then around the world.