Limited guidance from the IRS and accounting standard-setting bodies has led to a divergence in interpretation and practice for inventory valuation within the scope of business combinations.

Learn how the specific identification method lets you track individual inventory costs and improve sales insights. Ideal for ...

The AICPA Financial Reporting Executive Committee (FinREC) on Monday published a working draft on inventory valuation and is seeking comments on the draft. The inventory valuation material ultimately ...

To provide guidance on accurately recording the value and minimizing the risk of loss of assets held in inventory by university service centers. UTSA service centers purchase and distribute products ...

The AICPA Financial Reporting Executive Committee (FinREC) is seeking comments on a recently published working draft on inventory valuation. The inventory valuation material ultimately will be ...

The American Institute of CPAs’ Financial Reporting Executive Committee has posted an early working draft of guidance on inventory valuation guidance, with a goal of eventually publishing a broader ...

Denver-basedAmbrook announced the launch of Ambrook Inventory, an accounting-integrated inventory feature designed to help ...

Assessing assets, including inventory, is an essential part of any retail business. Inventory reflects a portion of a retail business's assets, and maintaining accurate inventory counts helps a retail ...

Restaurants and other retail food establishments must carry inventory to provide services to customers. Because all inventory costs are expenses incurred by the restaurant, they become a component of ...

Retail businesses have unique accounting challenges. Here's a guide that will get you through the basics. Many, or all, of the products featured on this page are from our advertising partners who ...

“Data-Driven Thinking” is written by members of the media community and contains fresh ideas on the digital revolution in media. Today’s column is written by Arthur Hainline, director of analytics at ...