(The video above features cost-accounting tips in a discussion with Eric Harley of Red Eye Radio, ATBS' Mike Hosted and Overdrive contributor and owner-operator business coach Gary Buchs, from a talk ...

Learn the principles of financial accounting, its importance, and how it functions to provide a clear picture of a company's financial health and compliance.

The high-low method is used in cost accounting to estimate fixed and variable costs based on a business's highest and lowest levels of activity. By focusing on these extremes, the high-low method ...

Being able to survive and thrive as a business owner has as much to do with managing costs as it does with generating revenue. Like the chief financial officer of any company, you have to be concerned ...

Over the years, I’ve seen leaders wrestle with the hidden impact of complexity on their businesses. They suspect it’s there, slowing everything down and piling on costs, but figuring out where it’s ...

The article quantifies aircraft ownership costs using a spreadsheet, distinguishing between fixed expenses (e.g., hangar, insurance, loan, annual inspection) and variable costs (e.g., fuel, engine ...