October 26, 2020 Best Practices When Forecasting Cash Flow Cash flow is a top concern for most businesses today. Cash flow forecasts can help you predict potential shortfalls and … Read More
October 21, 2020 Avoiding Conflicts of Interest With Auditors A conflict of interest could impair your auditor’s objectivity and integrity and potentially compromise you company’s financial statements. That’s why … Read More
August 21, 2020 Financial Dashboards Can Steer Your Nonprofit Toward Financial Success Not-for-profits increasingly are adopting a corporate world tool: financial dashboards. A dashboard is a summary of an organization’s progress … Read More
August 10, 2020 Financial Reporting for Nonprofits That Have Teamed Up Not-for-profits sometimes team up with other entities to boost efficiency, save money and better serve both organizations’ constituencies. This can … Read More
July 24, 2020 Accounting for Cloud Computing Arrangements The costs to set up cloud computing services can be significant, and many companies would prefer not to immediately expense … Read More
June 19, 2020 Is it time to outsource finance and accounting? Outsourcing may appeal to organizations that are currently struggling with mounting overhead costs during the COVID-19 crisis. By outsourcing, you … Read More
June 11, 2020 5 Steps to Close the Books at The End of the Month Many companies struggle to close the books at the end of the month. The month-end close requires accounting personnel … Read More
May 5, 2020 Benchmarking: Why Normalizing Adjustments Are Essential Stop comparing apples to oranges! Here’s how to ensure more meaningful comparisons of financial performance. To know more click the … Read More
April 24, 2020 Here’s How to Handle Gifts in Kind and Donated Services As unemployment and financial insecurity become widespread during the novel coronavirus (COVID-19) crisis, many not-for-profit donors find themselves unable … Read More
March 20, 2020 Beware: Coronavirus May Affect Financial Reporting The coronavirus (COVID-19) outbreak — officially a pandemic as of March 11 — has prompted global health concerns. But you … Read More
March 12, 2020 Lease or Buy? Changes To Accounting Rules May Change Your Mind The rules for reporting leasing transactions are changing. Though these changes have been delayed until 2021 for private companies (and … Read More
February 26, 2020 4 Steps To A Stronger Balance Sheet Roughly half of CFOs believe an economic recession will hit by the end of 2020, and about three-quarters expect a … Read More