SUMIF, SUMIFS, AVERAGEIFS, and COUNTIFS are commonly used accounting functions in Microsoft Excel. These formulas are used to calculate cell values based on the criteria you have described or ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. All companies are required to complete some level of ...

Managers recognize accounting as the language of business. Accounting is a means of providing information about an organization's financial performance. The role of accounting is not just limited to ...

Shortly after we had started our consulting firm, Whitestone Partners, we began an engagement with a home healthcare business. As we do in almost all of our engagements, we asked to see the company's ...

Many businesses use some form of management accounting, whose functions include budgets, cost allocation methods and cost-volume-profit or break-even analysis. Strategic management accounting goes ...

As the Covid-19 pandemic continues to roil the economy, one issue that remains top of mind for decision makers is labor. First, companies are dealing with a shortage of qualified employees. Then there ...

Effective management accounting practices can improve decision-making in organizations, which need sound fundamentals but also speed when trying to decide which strategic paths to follow. In short, ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. For the last few years, the murmurs have been growing. The ...

Opinions expressed by Entrepreneur contributors are their own. Shortly after we had started our consulting firm, Whitestone Partners, we began an engagement with a home healthcare business. As we do ...