Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Ideally, your inventory purchases less your sales should equal your remaining inventory when you conduct a physical count. Few small-business owners find that this equation holds true in the real ...

The Generally Accepted Accounting Principles, also known as GAAP, consist of a standard group of guidelines for financial accounting. Auditors follow GAAP when analyzing a company's accounting records ...