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 […]
You’ve got a solid business that sells on credit and makes a nice profit doing it. That assumes, of course, that you get paid substantially all of your accounts receivable, even when some of your customers may want to use that money elsewhere, and others would prefer not to pay you at all. How do […]
In the job of managing a company, the CEO/business owner has many tools available to help decide when a department is functioning effectively or not. Some are easier to use than others. Managing the sales department may be among the easiest, because you have sales numbers to use, sales vs. quota, sales vs. prior period, […]
As automation continues to advance, many wonder what the implications for the professional services sector are. Will robots eventually replace human workers? While it is true that machines can often be faster and more accurate than humans on mundane tasks, instead of completely eliminating job opportunities, this may present an opportunity for people to engage […]
Most business owners think of Working Capital as the amount of cash they have in the bank. But CPAs. financial analysts, advisors, and bankers define it as the difference between current assets and current liabilities. One sounds simple and easy to understand, the other a bit esoteric. Why do they make it so complicated? The […]
For accountants and other financial professionals, continuing education plays a critical role in staying relevant in today’s business landscape. Not all continuing professional education (CPE) is of equal value to every person, however. For almost all professionals, choosing a personalized CPE plan, rather than simply using a generic one, will be the most effective and […]
