No matter the size of a business, outsourcing accounts receivable is useful in many aspects. Growth-oriented businesses may not yet require a full-time AR clerk or analyst; enterprise-sized organizations may need to rapidly scale up their accounting departments during busy times of the year. Either way, finding the talent you need, you need it is a powerful … Continued
New year, new teams. As organizations evaluate their staffing needs for 2019, many—with an eye on the upcoming tax season—may be considering their finance team needs.
When selling or merging a business, goodwill is referred to the intangible assets that represent the excess purchase price over the fair market value acquired during the purchase of an organization.
The gig economy is rapidly expanding in the United States and across the globe. Everything from physical labor to knowledge-intensive roles are now awarded to external workers with different sets of insights as internal workers.
There are various myths that swirl about the bookkeeping profession, and while the stereotypes likely contain a grain of truth, there is certainly considerable distortion regarding the actual work of bookkeepers.
Are you hesitating to enter uncharted territory? Conducting a financial analysis for your company might seem like a difficult and daunting prospect, and there are several possible reasons you might be avoiding it.
Whether companies are looking to grow, hire, invest or sell, an in-depth, accurate financial analysis can make all the difference. Unfortunately, far too many companies make completely preventable mistakes…
Financial analysis sounds like a pretty straightforward concept, but there are many variations on how to do financial analysis—and why.
The reasons for outsourcing are myriad, including previously gained expertise and the reduction of the financial burden stemming from full-time staff. Some software licensing may come along with the package, and industry best practices are likely to be passed on to the hiring company.
Like New Year’s Resolutions, corporate budgets are something a finance team is supposed to track throughout the year. All too often (and very much like resolutions), corporate budgets are created and immediately cast aside mere weeks into the calendar year.