Auditing, Cost Management and Financial Reporting

The Difference Between Cost of Sales vs Cost of Goods Sold

CFO Share

NOVEMBER 21, 2023

Grasping the difference between Cost of Sales and Cost of Goods Sold can illuminate aspects of your business’s profitability and operational efficiency in new ways. Let’s unravel these terms to provide you with clear insights and practical knowledge, ensuring your financial reporting is as accurate and insightful.

Sales

Sales Cost Management Auditing Budgeting

What are the Red Flags of Fraud?

CFO Share

JUNE 21, 2021

There are many symptoms of fraud which can be easily confused with general business challenges like poor cost management. Keep in mind neither financial statement audits nor tax accounting are not designed to detect all forms of embezzlement. Continuously shrinking cash despite profitable financial reporting.

Auditing

Auditing Risk Management Accounting Manufacturing

Corporate Finance Brief

The Difference Between Cost of Sales vs Cost of Goods Sold

What are the Red Flags of Fraud?

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