Discover why IFRS prohibits LIFO accounting, including issues like distorted financials, outdated inventory values, and ...

Discover the key differences in inventory accounting between GAAP and IFRS, including valuation methods, write-down reversals ...

You know the scenario: You have a bunch of unread emails . The more that come in, the more anxious you get—and the more you procrastinate on sorting through them. How do you decide which ones to reply ...

The 24-year-old utility worker opened up on the reality of the lucrative work after noticing a big difference between her friend's experience and her own. "My friend thrived in FIFO, I feel like I'm ...

The final A&A Focus webcast of 2025 brought together timely technical updates, practical guidance for year-end reporting, and clear explanations of several new and forthcoming accounting standards.

To help you effectively understand and manage the finances of your small business, we've tested the top accounting software based on customization, features, ease of use, value, and more. I’ve been ...

No GMAT/GRE scores are required. The Rutgers Business School Master's in Governmental Accounting is the first and only program of its kind available entirely online, exclusively at Rutgers. If you’re ...

Katherine Haan, MBA, is a Senior Staff Writer for Forbes Advisor and a former financial advisor turned international bestselling author and business coach. For more than a decade, she’s helped small ...

Doug Wintemute is a staff writer for Forbes Advisor. After completing his master’s in English at York University, he began his writing career in the higher education space. Over the past decade, Doug ...

Tax season can bring up a lot of stress. That's where humor comes in! These hilarious accounting jokes will really do a number on you. Accounting is something we rarely associate with humor. After all ...

The Big Four firms control 74% of the global accounting market after multiple mergers. These firms offer a wide range of services, including audit, tax, and consulting. Their dominance is crucial as ...