Accounting isn't supposed to exist in a vacuum. The relevance of accounting to your business is measured by how useful it is for helping you make decisions. If you're considering replacing the company ...

We have been writing about the Financial Accounting Standards Board's Conceptual Framework, offering suggestions to the board as it fixes up the framework some 20 years after it was produced.

Audit is losing value in the eyes of our clients. It’s becoming a commodity. That decline in value corresponds to a lack of relevance. Business moves fast today, so how relevant is a set of financials ...

Discover what applied cost means in accounting, how it works with allocation rates, and see an example to understand its role ...