Discover why IFRS prohibits LIFO accounting, including issues like distorted financials, outdated inventory values, and ...

As a staff writer for Forbes Advisor, SMB, Kristy helps small business owners find the tools they need to keep their businesses running. She uses the experience of managing her own writing and editing ...

Grocery stores typically place older products in front. New research suggests the opposite approach actually works best.

Discover what accounting changes are, how they affect financial statements, and why full disclosure is essential for ...