Full cost (FC) accounting allows companies to capitalize all operating expenses related to locating new oil and gas reserves, regardless of the outcome.

Forbes contributors publish independent expert analyses and insights. I am the Kester and Brynes Professor at Columbia Business School and a Chazen Senior Scholar at the Jerome A. Chazen Institute for ...

Netweb Technologies on Saturday reported a 19.8 per cent increase in net profit to Rs 31.4 crore for the September quarter. The company had posted a net profit of Rs 26.2 crore in the year-ago period, ...

Accounting firm Crowe is considering selling a stake to private-equity investors following years of ignoring calls from prospective buyers. The Chicago-based firm in recent weeks hired investment bank ...

The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...

Alternative practice structures are not new in the accounting profession, but use of these business models has seen a recent uptick since private equity (PE) began making strategic investments — ...

Once considered an impenetrable fortress for external investors, the legal services market in the UK is beginning to open its doors to private equity. Despite being one of the world’s largest ...

This paper examines the role of cost accounting in public financial management, focusing on budget credibility, performance-based budgeting, public procurement, and corruption detection. Despite ...

To determine the value of ending inventory and, ultimately, margins, many retailers have stuck with an accounting practice known as the retail inventory method — in some cases for more than 100 years ...

With the broad tax and health care bill they are now trying to muscle into law, Senate Republicans are preparing to upend Washington’s accounting standards. By Andrew Duehren Reporting from Washington ...

Private equity (PE) firms are particularly interested in rapid value realization from investments in portfolio companies. They “buy to sell,” typically purchasing companies they believe are ...