In the ever-evolving landscape of finance, businesses constantly seek ways to optimize their operations and maximize returns on investment (ROI). One powerful tool that has proven to be invaluable in this endeavor is Financial Statement Analysis. By performing a comprehensive analysis of a company’s financial statements, businesses can gain profound insights into their financial health, […]
During August and September, in many places around the world, it can seem like everything from business hours to retail sales to marketing themes shift into a back-to-school mindset. Even if you’ve long since completed your final degree and don’t have any students in your own home, it’s still possible to harness this back-to-school energy […]
One of the things that small businesses – and often mid-sized ones too – don’t do well is bookkeeping, the source of all their financial reports. When dollars for an adequate accounting system and competent staffing have to compete with (1) expanding the sales and marketing team, (2) adding new products, or (3) paying bonuses […]
In the complex and ever-evolving world of finance and accounting, ethical dilemmas are an inevitable part of the job for many Certified Professional Accountants (CPAs) and other financial professionals. Thankfully, learning how to navigate and make decisions in tricky ethical situations is a skill that can practiced and enhanced through continuing professional education (CPE). Although […]
Due to the necessity of financial audits, year-end reporting can be quite challenging. However, these audits are extremely important in building your company’s reputation with external stakeholders like banks, regulators, and shareholders. Listed firms must go through this rigorous process as well because it is a legal requirement, therefore there is no way around it! […]
On August 7th, PayPal, a global leader in the financial technology landscape, made waves by announcing the introduction of a stablecoin closely tied to the U.S. dollar. This strategic move, marking a pioneering step among major fintech companies, revealed PayPal’s unwavering confidence in the potential of digital currencies to redefine the financial landscape.. The reverberations […]
So if you’re shopping or considering going shopping, and the interest rates aren’t sufficiently off-putting, here are our thoughts on the things you will have to keep in mind and deal with, as you approach lenders – even your current bank. So if you’re shopping or considering going shopping, and the interest rates aren’t sufficiently […]
Auditing is the careful examination, analysis, and verification of the accounting records, transactions, and transaction documents of a business or organization. The audit process involves physically examining documents and comparing them with accounting and transaction records to confirm the accuracy of the figures recorded. Businesses must learn how to get ready for an audit. Auditing […]
You’ve had a really good year so far, after the mess of the last few years. Your top-line revenue looks much better than expected. New business is up, returning customers are buying again, and your sales team is feeling great about the prospects for the balance of the year. There is only one problem: Net […]
