Imagine needing to estimate the total cost of the items in your grocery basket to decide whether to put something back. So you round to the nearest dollar for each potential purchase, using the “round ...

The method used to round numbers in accounting may portray an accurate or inaccurate appraisal of a company's financial condition. The amount of error increases with ...

Humans are remarkably good at estimating magnitudes. For example, we can estimate the amount of time it will take us to drive from point A to point B, so we know what time we should leave. We estimate ...

In this post, we will show you how to round numbers in Google Sheets. Spreadsheet data often consists of decimal numbers that lie between whole numbers. A decimal number consists of a decimal point ...

Three types of fraud schemes are of special interest to CPAs — financial statement fraud, occupational fraud, and bribery. Many, but not all, of these types of fraud schemes require the fraudster to ...

Over the first four trading days of 2018, the Dow Jones industrial average, the Standard & Poor’s 500 and the Nasdaq Composite closed in record territory every day. Each of the bench marks passed some ...

Robert Breunig receives funding from the Australian Research Council, the Australian Treasury and the Australian Taxation Office. Australia’s tax system is needlessly complex, and that’s making it ...