Accounting is a broad term that covers many different objectives, depending on how it’s practiced. Most often, we think of accountants and financial accounting. However, managerial accounting is an ...

Before a manager or business owner can make any decisions, he needs to know how it affects his bottom line. That's where managerial accounting comes in. Managerial accounting is the practice of ...

Managerial accounting provides companies with quantitative and qualitative information on operational and financial performance. While financial accounting focuses on the external use of this ...

In 2022 alone, an estimated 97 zettabytes (or 97 billion terabytes) of data is expected to be created or consumed in the world. That mind-boggling figure is expected to nearly double by 2025.

It’s not uncommon for someone who starts a marketing business to have limited accounting knowledge. After all, marketing and accounting are often seen as having opposite functions—the former dealing ...

Most investors are familiar with financial accounting. It is the financial reports and standards we use to review a company's financial performance each quarter and year. Inside the company, though, ...

Cost-volume-profit analysis, or CVP, is something companies use to figure out how changes in costs and volume affect their operating expenses and net income. CVP works by comparing different ...

A version of this story originally appeared on the Graduate School of Management's blog. I consider myself incredibly lucky to have had the opportunity to go to UC Davis not once, but twice. My ...

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

Not all forms of accounting are the same. Some focus on costs, others on audits and some focus on taxes. While having a solid handle on your business’s finances is essential, how you track business ...

In order to achieve maximum utilization of Purdue resources, the Account Management Guidelines are used as a working document to provide more accurate and timely financial information to appropriate ...