Many small businesses reliably produce a set of financial statements each year, listing assets and liabilities, revenue and expenses, cash flow and shareholder equity. Often, outsourced bookkeeping services prepare these reports, but the documents are quickly forgotten by business leaders as they fo…Read More
An effective and insightful external audit function provides confidence to leaders that their organization can meet the demands of changing environments. Managing risk, monitoring controls, enhancing security, and improving efficiency and effectiveness of operations are crucial audit services. Organ…Read More
Financial statements show not only where a company stands financially, but also where it may be headed. Contractors who work with their financial advisors to analyze their statements can often catch problems early on before they turn into bigger issues. The income statement is one of a company’s m…Read More
Ever wonder what happened to that laptop you know you saw around the office last year? Or a desk you’re certain was put into storage? They’re listed on your fixed asset ledger but are nowhere to be found. Perhaps you feel like you’re going a little crazy because it seems these items have m…Read More
You may be wondering whose job it is to make sense of all the financial data in your small business. It usually isn’t a bookkeeper or accountants job who is mostly responsible for ensuring bookkeeping is accurate and financial records are completed on time. The role of a part-time or contract CFO,…Read More
Running a small business can be extremely challenging. Often times, entrepreneurs don’t have the accounting or financial background necessary to manage small business finances. As your small business begins to grow, it is essential you understand your small business financials and are able to reco…Read More
Are you a small business owner frustrated with your messy accounting records? Keeping up with accounting can be tough, and many small business owners don’t prioritize it until they realize how important the data really is for their small business. Sound financial management is the key to growing a…Read More
Your small business is thriving and revenue is coming in. Amongst all the growth, there are questions about your future. You find yourself worrying about future business plans, tax compliance, and planning short term and long term business strategies. Are you pricing your services correctly? Do you …Read More
As your business grows, it is essential to have a sound small business bookkeeping system. Keeping accurate financial records is crucial for many things such as preparing taxes for assessing the health of your business. A general ledger is one of the first tools a maturing small business needs to es…Read More
