July 17, 2024 Outsourcing HR to Help Understaffed, Overworked Nonprofits What factors should your nonprofit consider when outsourcing HR work? We look at benefits and drawbacks of outsourcing, as well … Read More
July 17, 2024 Why Bookkeeping Provides a Solid Foundation for Financial Reporting Do you know the difference between bookkeeping and accounting? We’ll explain why your bookkeeper plays a key role in the … Read More
June 25, 2024 Best Practices for Expense Reporting Submitting and approving expense reports can be time consuming and tedious for employees and employers alike. What can your business … Read More
June 19, 2024 End Purchase Order Chaos with a Structured Approval Process Does your business have a formal process for approving purchase orders? A standardized process can help promote efficient business operations … Read More
June 5, 2024 Four Bookkeeping Pitfalls Small Businesses Should Avoid Some entrepreneurs underestimate the importance of maintaining organized books and records for financial reporting purposes. Here are four tips for … Read More
June 5, 2024 Using a Living Trust to Preserve and Distribute Sentimental Assets Do you possess a beloved family heirloom? Make certain you properly address it in your will or living trust to … Read More
May 15, 2024 It’s Almost Time For A Midyear Checkup On Your Financial Health Time flies when you’re busy running a business. It’s important to pause at midyear and assess interim financial performance. Otherwise, … Read More
May 9, 2024 4 Cost-Cutting Areas To Help Your Business Boost Profits When was the last time your business performed a formal expense review? This exercise can pay off by lowering costs … Read More
May 2, 2024 How To Communicate Accounting Information To Laypeople Stakeholders want accurate, transparent information about your organization’s financial performance. It’s up to you to supply them with information they … Read More
April 16, 2024 Getting A Handle On Inventory For retailers, manufacturers and many other businesses, a significant amount of working capital is tied up in inventory. What can … Read More
April 4, 2024 Auditing WIP Today Are your accounting estimates for work in progress (WIP) inventory reasonable? To find out, your auditors will carefully analyze your … Read More
March 27, 2024 Building A Better Nonprofit: Rules For Restructuring Currently, restructuring a nonprofit can be a relatively easy process using IRS Form 990. However, you must first ensure your … Read More
