The accounting treatment of obsolete items can have a dramatic effect on the financial statements of any business. Therefore, it is important for every owner to understand the principles of accounting ...

Understanding intercorporate investments is key to determining the future prospects of any business. Learn how they impact business value with these accounting insights.

Manufacturing overhead encompasses all manufacturing costs that are not attributed back to a specific job. Due to the difficulty of accurately predicting the amount of manufacturing overhead that will ...

Earnout provisions are a powerful tool for getting deals done. These contingency payments are given to a seller if certain agreed-upon performance targets are hit, such as a contract renewal or an ...