An IC-DISC is an Interest-Charge Domestic International Sales Corporation. It's a legal entity authorized under the Internal Revenue Code and … Read More
Electing and retaining the last-in, first-out (LIFO) method of inventory accounting provides the most significant tax benefits when a company’s … Read More
Internal controls apply to more than your business' accounting and financial reporting. As a manufacturer, internal controls are essential to … Read More
A key component of business combination accounting is the recognition and measurement of identifiable intangible assets and goodwill, at their … Read More
According to the Association of Certified Fraud Examiners, organizations lose approximately 5% of their annual revenues to occupational fraud, and … Read More
