What is the main function of cost accounting? Internal cost controls and efficiency are meant to be improved using cost accounting. It should report, analyze, and be used to improve cost controls.

Procurement jumped to the forefront of every business leader’s mind during the pandemic. Images of container ships lined up at the Port of Long Beach and run aground in the Suez Canal were a stark ...

This is the first article in a six-part series titled “Mechanical Engineering Perspectives for Efficient, Integrated Commercial Product Design.” When thinking about product design, it’s common to ...

Dr B. Yerram Raju, Ph.D., from Andhra University is a banker turned economist having worked with the SBI for nearly three decades. He was Senior Faculty and Dean of ASCI for nearly 8years and ...

Forbes contributors publish independent expert analyses and insights. Mark Cohen covers the global legal industry and business reinvention. This is the second in a two-part series. The first segment ...