The accounting industry is changing rapidly and is not what it used to be. Today, accountants face many challenges in their daily lives, including the ever-increasing demand for technology and competition from other professions. It’s no longer enough to be good with numbers, and accountants need to adapt quickly or risk falling behind in an […]
It’s time for HR professionals to adopt a new strategy in a COVID-19 world when employee health is more essential than ever. HR professionals need to be attentive to the emotional state of their workers and intervene when necessary. They can be an integral part of creating a healthy company culture with the right tools […]
The liquidity crisis is a concurrent increase in liquidity requirement and reduction in liquidity availability across a wide range of financial entities and other businesses. Widespread maturity mismatches across banks and other enterprises are the base causes of a liquidity crisis, resulting in a scarcity of cash as well as other liquid assets when they are […]
You’re working hard but feel like you’re not making progress? Maybe you’re doing all the right things but still don’t feel successful. Well, you’re not alone. Many people struggle with this feeling, especially regarding their accounting careers. But there is hope. Start by adopting the habits of highly successful accountants to help you get ahead […]
Accounting is the process of recording a company’s financial activities in a methodical and precise manner. Accounting for small enterprises, government, forensic, and management accounting, as well as corporate accounting, are just a few types of accounting. Accounting is critical to running a business because it helps you to monitor income and costs, maintain statutory […]
The pandemic of coronavirus illness (COVID-19) has had extraordinary consequences. The crisis has been tremendously disruptive, difficult, and ambiguous for leaders at the organizational level. Because the crisis is primarily a human one, human resource (HR) leaders play a critical role in allowing businesses to successfully manage through and exit the crisis. HR executives throughout […]
Many of our clients over the years have been manufacturers, makers of the products they sell – cosmetics, automobile parts, aerospace components, etc. Some of those manufacturers, notably in the aerospace field, make products to meet the design specs of their customer, generally on a negotiated cost-plus-markup basis. One of the biggest challenges they encounter […]
Employee performance reviews have a reputation for being one of the most dreaded aspects of professional work, but when done correctly they can be one of the most important tools to building and growing a healthy and successful business. Turn your organization’s performance review anxiety into successful collaboration using the five tips below. 1) Avoid […]
When a company needs to evaluate its financial standing, examine its cash flow, establish the health of its operations, or understand its competitors, it usually looks towards certain accounting offshoots. Small and medium-sized organizations may hire a single specialist accountant, but large corporations and governments may hire an accounting company with various financial divisions to handle […]
In today’s professional environment an ever-increasing number of organizations are newly hiring or transitioning current employees to a remote work setting. As with all employees, your company’s Human Resources (HR) department has an important role to play in creating a remote work experience that is positive for everyone in your organization. Use the five tips […]
