Cost accounting may not be the most exciting way for a business owner to spend a Friday night. However, understanding the basics of cost accounting can help you track costs, increase profits, and ...

Managers have many choices when it comes to accounting for inventory. Regardless of whether your small business uses a periodic or perpetual system, you must establish a method to determine the cost ...

As the business model of healthcare continues its long- term shift away from fee-for-service to fee-for-value, CFOs are starting to shift their focus from strictly driving the top line to figuring out ...

In light of major changes in motion regarding reimbursement and care delivery models, cost has become mission-critical for every hospital and healthcare delivery system. The movement from traditional ...

Discover how the periodic inventory system simplifies stock management through physical counts, and explore its cost-effective benefits for small businesses today.

Cost accounting got you down?You're not alone. As much as 80 percent of Amercan management accountants agree that their current methods just aren't good enough for current business. With that ...

In an effort to create health care organizations that sustainably deliver high-quality, cost-effective care, the Centers for Medicare and Medicaid Services (CMS) are using innovative payment models to ...

Although President Joe Biden’s American Rescue Plan Act of 2021 will benefit hospitals through its expansion of subsidies to private insurance coverage, forthcoming federal budget pressure from the ...