Auditing, Budgeting and Cost Management

The Difference Between Cost of Sales vs Cost of Goods Sold

CFO Share

NOVEMBER 21, 2023

In financial accounting , Cost of Goods Sold (COGS) is recorded as a debit because it reduces a company’s net income and is debited to reflect a decrease in retained earnings, an equity account. Optimizing Cost Management in Business Effective cost management is crucial for maintaining a healthy bottom line in any business.

Sales

Sales Cost Management Auditing Budgeting

Podchats for FutureCFO: Action items to accelerate finance transformation

Future CFO

NOVEMBER 27, 2022

In an IBM Global C-Suite study , two-thirds of CFOs surveyed confirmed that their agenda includes taking an active role in developing strategy, driving growth, reducing costs, managing risks and providing insights. How effective is your finance function in supporting the following aspects of enterprise decision-making?

Finance

Finance CFO Compliance Auditing

Corporate Finance Brief

The Difference Between Cost of Sales vs Cost of Goods Sold

Podchats for FutureCFO: Action items to accelerate finance transformation

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