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State of the Union: The Irrelevance of Good Accounting?
State of the Union: The Irrelevance of Good Accounting? I’m a little concerned, and any professional in accounting and finance who works with small businesses should be just a little concerned, too....
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Trusted Advisor is About the Work, Not the Title
Trusted Advisor is About the Work, Not the Title Many accounting professionals believe they are THE trusted advisor the client comes to for advice and guidance on business financial matters. Having...
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Accounting for Custom Manufacturing
Accounting for Custom Manufacturing Accounting and bookkeeping is a part of every business large and small, yet there are myriad details to work with and a multitude of possible approaches to...
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Two Ways to Get QuickBooks in the Cloud
Two Ways to Get QuickBooks in the Cloud Hosted QuickBooks Desktop and QuickBooks Online Running applications online, or “in the cloud” using today’s parlance, is top priority for a lot of businesses....
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Analysis, forecasts and modeling: What’s the point?
Analysis, forecasts and modeling: What’s the point? In today’s business world, risk, uncertainty and volatility are just par for the course – everyday realities of simply being in business. Nothing is...
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Report Right or It’ll Cost You (double)
Report Right or It’ll Cost You (double) Reporting requirements for business just keep growing, and so do the penalties for doing it wrong. New this year and just in time for the annual reporting...
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SEC Watchful Eyes Focus On Cybersecurity and Protecting Personal Information
SEC Watchful Eyes Focus On Cybersecurity and Protecting Personal Information #cybersecurity Information privacy used to be a fairly simple thing. Systems – what systems there were – weren’t so...
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Taking Action to Expand Overtime Protections | whitehouse.gov
The Department of Labor is finalizing a rule to update overtime protections for workers. “In total, the new rule is expected to extend overtime protections to 4.2 million more Americans who are not...
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Big Data, Analysis and Business Intelligence
Big Data, Analysis and Business Intelligence There is a lot of talk among IT professionals of “big data”, and discussions at many business conference tables center on how the organization might find...
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Technology-Enabled Practice is Profitable Practice
Technology-Enabled Practice is Profitable Practice A profitable accounting “firm of the future” is not out of reach for even the smallest of professional practices, because it doesn’t take a lot of...
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Bookkeeping and Benchmarks – Getting the Numbers Right
Bookkeeping and Benchmarks – Getting the Numbers Right I am a big fan of business analytical and reporting tools. I very much believe in using industry benchmarks as a means to understand various...
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Accounting Professionals, You’re right – your clients don’t care about the...
Accounting Professionals, You’re right – your clients don’t care about the numbers. What your clients care about is how they’re doing, and if they’re on the right path. Are you helping them understand...
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Workflow is Essential in Document Driven Business
Workflow is Essential in Document Driven Business The popularity and proliferation of online applications and cloud computing solutions for business has transformed how organizations manage activities,...
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Client Solutions, not just Professional Services
Client Solutions, not just Professional Services Accounting Professionals serving a small business client base are struggling to find ways to demonstrate the value of the services they provide, yet...
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Cloud Computing and Online Accounting for All? Some Markets Are Still Waiting...
Cloud Computing and Online Accounting for All? Some Markets Are Still Waiting on Broadband As the information technology industry espouses the benefits of the “paradigm shift” in computing and the move...
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The Small Business Borrower | Biz2Credit
In order for regulation and legislation to work in favor of small businesses, it becomes essential that accurate and complete information be available for analysis. Too often there are details not...
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Lease Accounting Rules, Small Business Financing and the Cloud
Lease Accounting Rules, Small Business Financing and the Cloud There is a possible change about to occur in lease accounting rules that may have broader implications than expected. Lease accounting,...
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Banks and Small Business: Finding the “Just Right” Fit Isn’t Easy
Banks and Small Business: Finding the “Just Right” Fit Isn’t Easy Banks need business customers because business accounts provide more profitability than consumer accounts. By volume, there are more...
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Accounting Professional Value is Insight and Advice, Not Just a Hosted Server
Accounting Professional Value is Insight and Advice, Not Just a Hosted Server Back in the late 90’s, when the application service provider model was first established, a number of providers recognized...
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The CPA for Small Business: Proactive, Responsive, and Helps Paint a...
The CPA for Small Business: Proactive, Responsive, and Helps Paint a Beautiful Picture I recently read an article on AccountingWeb, written by Doug Sleeter and describing the findings of a published...
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Revenue Recognition and closing the reporting GAAP
Revenue Recognition and closing the reporting GAAP One company earns what the other company spends. This is business, and it seems like it would be pretty straightforward, accounting for the money...
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Audit or Advice? Small Accounting Firm Practitioners and Small Business Clients
Audit or Advice? Small Accounting Firm Practitioners and Small Business Clients When a small business owner needs advice about running the business or strategizing on financial matters, one would think...
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Improving the Business of Art: Making Beautiful Business Decisions
There is a lot more to managing and maintaining an art collection than simply collecting. In the art business, knowing where something came from, how it got to where it is now (and what it cost to get...
View ArticleBuilding Smarter Businesses
Achieving Growth, Efficiency and Sustainability Through Greater Business Intelligence Every business needs to know how they’re doing so they can find ways to do better. This is what business...
View ArticleCompetitive and Profitable Construction: What’s it take to get there and stay...
The short answer is… update your operations and transform the business. It’s time to modernize and embrace the cloud. Construction firms need to be more data-driven, analyzing and responding to...
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