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General Accounting Discussions: Accounts for business research consulting firm

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    • CommentAuthorjocelyn
    • CommentTimeJun 18th 2007
     
    Anyone can give me a full set of accounts for business research consulting firm?
    What is the COGS for this kind of organization? Is travel expense, which is the most expense for researching purpose to be included in COGS?
    Many thanks
    • CommentAuthorranje
    • CommentTimeJul 13th 2007
     
    Businesses such as this don't have COGS.
    Their biggest expense would be the wages they pay to their research consultants.

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