Managing Accounting Hygiene for Your Accounting Firm: 5 Tips
While making a profit at a lesser expenditure lies at the core of a CFO’s responsibility, today surpasses the expected. In an accounting and financial setup, a CFO is held in the highest regard to ensure that there is a smooth operation of all business functions, employees are at peace and the forecasts made are […]
Accounting Outsourcing Guide for CFOs: Everything Covered
Finance and accounting have and will continue to remain one of the most critical operations for any business. In this niche field, so much has changed over the years – the introduction of technology and automation, the shift to remote work, more flexibility, and better growth opportunities. Outsourcing is one such aspect in the field […]
Ecommerce Accounting Types, Best Practices, and More for Accountants
Accounting and bookkeeping are important irrespective of the business you deal in. For business owners, it is critical to have healthy and spot-on accounting practices to have a clear knowledge of where the business stands. For e-commerce businesses, it becomes all the more crucial because of the rapidly changing landscape. Accounting in e-commerce needs careful […]
How to Make Tax Season Less Stressful: Guide for CPAs and Accountants
The stress of accountants during the tax season is a known affair. But what is it that contributes to the enormous madness? For most firms, it is data collection. Accounting firms constantly struggle to acquire data from clients, fearing missed deadlines. Tax professionals have to endlessly organize essential documents and financial data, and cross-check them […]
Tax Filing FAQs 2024: Almost Everything Covered
Tax season is here. It is that time of the year when accountants feel confused, stressed, and in a chaotic state. While there can be a multitude of reasons for you to feel this way, knowing things – from the right documents you need to the deadlines and the laws that will affect your clients, […]
Accounting Among Best Flexible Jobs of 2024 and the Future: Here’s Why!
2024 is expected to be a year of growth and better opportunities for those seeking new jobs. For the past few years, the impact of Covid-19 has continued to lurk over the heads of the global employable population. However, things are expected to get better, this year. According to the US Bureau of Labor Statistics, […]
Busy Season Saturday: Measuring the Pros and Cons of the Model
A few months during the financial year, the accounting world suffers from hysteria. Well, “suffers” might be a too strong word, but the chaos and the inhibitions that overpower the professionals could be referred to that way. The firms are swamped with requests as the physical or digital files keep piling and deadlines loom large. […]
Email Management Tips for Busy Accountants and Bookkeepers
Do you control your email or does your email control you? An accountant’s day is already overwhelming – with spreadsheets, calculations, and invoices. Just like these things, most accountants also have their hands full with their emails. Starting the day with hundreds, maybe thousands of unread emails is not just a problem but can be […]
CFOs, Is Global Consolidation of Financial Statements a Challenge for You? Read this!
According to a recent survey by Blackline, although CFOs believe that it is essential to have the ability to access and analyze the firm’s data in real-time: – 37% of them admitted to not having complete trust in their data. – 50% of the senior accounting professionals mention that they do not completely trust the […]
Smart Cash Flow Management Reporting Tips, Ideas, and Tools for CPAs
Intuition is not what should lead a business; it is data that should be taken in the highest regard, especially when it is about money. A recent study shows that businesses that are led by data are 23 times more likely to gain customers and 19 times more profitable than businesses that rely on their […]