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 ...

Explore the key differences between successful-efforts and full-cost accounting methods for oil and gas companies, including their impact on expenses and financial transparency.

At a seminar I recently attended, the role of the CFO was split into four categories. Only one involved the CFO’s traditional stewardship role in closing the books correctly, ensuring compliance with ...

Until now, cost accounting as a useful tool in hospital financial decision-making has been widely ignored. Although the RCC (ratio of cost to charges) approach still used by 70 percent of healthcare ...

Accounting is a foundational process for every business, no matter how big or small. Learn what accounting is, why it matters and how to make it work for you. Keeping accurate financial records is the ...

For accountants like me, the promise of artificial intelligence is exciting. Why wouldn’t it be? The profession’s biggest firms - like EY and PwC - are deploying AI technology in their auditing and ...