The rise of remote work has been one of the most significant changes to the workplace in recent years. While some companies may have hesitated to embrace remote work, the COVID-19 pandemic forced many to shift to a remote work model. A few years in, we can evaluate the results of remote work, which has […]
Employers who haven’t been paying attention to Generation Z are behind the curve. The oldest members of Generation Z are in their late 20s, and even the very youngest members of Gen Z are now in their early teens, meaning they too will be entering the workforce en masse within the next few years. Like […]
The literature typically calls them KPIs, or Key Performance Indicators. I used to call them Critical Performance Factors, or CPFs, before the idea became popular and in every consultant’s toolkit. Whatever you call them, the financial KPIs should be collected and reported in a dashboard format, an essential addition to your monthly financial reporting package […]
Compliance and risk training is like buying insurance – there is a little bit of cost involved every year, but it more than pays for itself when a crisis occurs. The cost of compliance and risk management has been increasing every year. As the government rolls out more regulations covering every sector of the economy, […]
In today’s rapidly-evolving business landscape, leveraging artificial intelligence (AI) and automation has become crucial for accurate financial forecasting. By incorporating AI into financial planning, companies can navigate external factors, maintain stability, and adapt to uncertainty with confidence. Accurate financial forecasts empower decision-makers to make informed choices, particularly during times of market volatility and inflationary pressures. […]
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! […]
