Warren buffet once said, ““In the long run managements stressing accounting appearance over economic substance usually achieve little of either.” And we definitely do not want little of anything that is good…Isn’t it…??!!! Here we present 4 simple ways which will help you to decrease Accounting Costs for Small Businesses: How about a long term...
When small and mid-sized business owners start out, they do their best at maintaining the accounts. Later in order to focus on growing the business, bookkeeping for Healthcare Industry is taking care of all financial aspect like bills, invoice and other healthcare documentation, a bookkeeper is hired and is entrusted the responsibility to maintain those accounts....
While thinking about the post trade life cycle of your Hedge Funds, outsourcing shadow accounting has become a trade that assures automation, scalability, efficiency and customization along with increase in transparency. In today’s complex investing environment, fund managers have to face various challenges. Shadow-accounting can be considered as an opportunity to build scalability and increase transparency....
Here’s how management accountants and other CPA’s can use something called an OODA Loop to their advantage. A fighter pilot flying a 13-ton F-16 in combat must make rapid decisions in a fast-changing environment. The decisions faced by management accountants may typically be a little less stressful, but fighter pilots can still teach controllers, CFOs,...
Hire online payroll services wisely When you’re running a business, you have two main choices for paying your employees: You can do it yourself, or you can hire a payroll service to do it for you. If you don’t have an accounting background and aren’t well versed in payroll tax laws, then a payroll...