KPIs to Include in Accountant Job Descriptions [+ Free Templates]
“Behind every good KPI is a ‘so what’. If you are looking at your KPIs and it does not make you take any action, you do not need to be tracking them,” says Nicole Mackenzie on the Momentum Accounting podcast episode on KPIs with Scotty Scarano. In an industry like accounting, where it is […]
Accounting Associate Job Description: Responsibilities & Skills [+ Free Template]
An Accounting Associate is at the bottom line of professionals in the accounting industry. While you need ace professionals throughout the line, it is important to find accounting associates who know how to do their jobs. It is like hunting for a needle in a haystack. However, this role continues to be the backbone of […]
How to Write an Accounting Job Description That Attracts Top Talent [+ Free Template]
“The best accountants are not just number crunchers – they are storytellers.” And that is why you must choose an accountant for your firm wisely. The global talent crunch is a known, ongoing, and a pressing issue. One of the key reasons is the decline in the new generation of accountants. According to an AICPA […]
Top Benefits of Outsourced Accounting Services for Growing Firms
“The best time to start outsourcing was yesterday. The next best time is when you don’t have enough capacity to serve your clients and scale your firm. You may have a choice today, but you will be forced to do it tomorrow. Once you start offshoring or outsourcing, you will get global expertise, cut costs, […]
Streamlining Financial Operations: Outsourced Accounting and Bookkeeping for CAS/CAAS Success
More and more CPAs and other accounting firms are trying to grow their services by offering their clients services like Client Accounting Services (CAS) or Client Advisory and Accounting Services (CAAS). These services offer the client complete solutions, from high level financial advisory and consultancy. However, in order to be successful in CAS/CAAS CPAs and […]
Exploring AI and automation in taxation
“The role of AI and ML is not to replace the profession, but to transform their work” – Zac Meyer, Vice President – US Tax, Accounting and Advisory, Thomson Reuters. The number of individuals and businesses seeking help from accounting firms for accounting and tax-related work is huge. However, this boom has also increased the […]
Comprehensive Accounting Clean-Up: A Guide for Accountants and Accounting Leaders
The process of organizing and correcting financial records and transactions is referred to as the clean-up process. This is a key function in keeping books accurate and consistent. It also involves reviewing and reconciling accounts, identifying and resolving discrepancies, and updating information to reflect the correct status of the company. Businesses should keep a constant […]
The Outsourcing Advantage – How External Auditors Add Value To The Audit Process
If this is a new service for you or if you have been trying to streamline the process, here is some food for thought. Is auditing an integral part of your business? Is your audit process absolutely transparent? Will your team of auditors tell you the hard truth during tough times? If you have an […]
Client Apprehension About Language And Culture In Outsourcing
Outsourcing initially was restricted to the bigger companies. As times have changed and accounting firms realized the benefits that they can reap from partnering with them, outsourcing has become a popular business model. It is, now, a global trend. Besides their cost benefits, access to a global pool of talent, and better efficiency of the […]
Finsmart @ BKX Conference 2024: Everything You Need to Know
BKX Conference 2024 is not just for bookkeepers and accounting entrepreneurs. This much-awaited event by BKX also helps thousands of accounting professionals generate new ideas, improve productivity, and find ways to solve problems encountered by a growing CPA practice. In short, this event in Orlando is a great opportunity to learn from the top guns […]