Do these two questions sound familiar? “What makes a good hospital or medical group cost accounting implementation?” and “What is important to know when one embarks in a hospital or medical group cost ...
The healthcare industry veteran’s mother worked in a hospital while she was growing up, and her father served as a cost accountant at a manufacturing plant. She herself has worked in healthcare more ...
Cost accounting is a process that involves recording, analyzing, and reporting a company's expenses in detail. Unlike financial accounting, cost accounting is an internal process used only by company ...
Nordstrom and Macy’s abandoned the ‘retail inventory method’ after using it for decades. Here’s why.
Several major retailers in the U.S. use a century-old accounting practice known as “the retail inventory method,” which relies on retail prices to estimate inventory, even though it fails to take full ...
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Hitting the books: A guide to retail accounting
Learn about the methods of calculating and tracking inventory that are used in retail accounting.
Why the future isn’t software. It’s outcomes. Accounting firms don’t have a technology problem. They have a *software mindset problem.* ...
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