When a business plans a new venture, such as a construction project, a cost statement is an essential tool. Businesses use cost statements to analyze their options and determine the best course of ...

Under accounting rules, a business must list direct costs in a statement of profit and loss, but these charges also interrelate with other financial data summaries. These include a statement of ...

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. This is the second article in a multi-part ...

This procedural statement governs the consistent treatment of the allocation of direct costs and indirect (F&A) costs charged to federal and non-federal grants, contracts, and other sponsored programs ...