Learn how the flow of costs impacts manufacturing firms, covering raw materials, work-in-process, finished goods, and cost of goods sold with practical examples and methods.

The National Institute for Health and Care Excellence (NICE) produces guidance for the NHS based on assessment of the clinical and cost effectiveness of health technologies. In some circumstances, a ...

Cost basis is the original purchase price of an asset. Tracking cost basis is key to tax-efficient investing. Many, or all, of the products featured on this page are from our advertising partners who ...

Health economics is about improving the health of the population through the efficient use of resources, so it necessarily applies at all levels, including individual clinical decisions. Clinicians ...

Social groups should be stratified by the Index of Multiple Deprivation (IMD). The IMD reflects different aspects of deprivation, is widely collected in research studies, and is often used to estimate ...

The equity method of investment is a method used by companies to account for investments in other companies where they hold significant influence, but not full control. Typically, this is applied when ...