improvement

Learn what is meant by cost accounting and how it can help you manage your business finances. Get expert advice on the best practices for cost accounting and how to maximize your budget.

An audit review and compilation are two different services provided by certified public accountants (CPAs). An audit review is a limited assurance engagement that provides a moderate level of assurance on the financial statements. A compilation is a service that provides no assurance on the financial statements. An audit review is more expensive than a compilation due to the additional procedures performed. Both services are beneficial to the client, but the level of assurance provided by an audit review is higher than that of a compilation.

SOPs (or standard operating procedures) are customary in medium to large businesses, but less so in small businesses. With fewer employees to oversee, the need to standardize all procedures may feel less urgent. There is also less available time and resources to put towards the creation of SOPs, a task that can initially be very […]

Implementing a ISO 9001 Quality Management System is more manageable when you break it down into phases. The second phase is putting continual improvement processes in place.

Are your standard work instructions out of date due to a significant changes in your accounting systems? Accounting policies and procedures Word document templates are available that can be used as standard templates of boiler plate work instructions by work functions for purchasing, accounts payable (AP),  accounts receivable (AR), inventory counting, asset control, etc., within the […]

How much time is needed for process improvement? It’s important to know how long it takes to achieve your objectives and what other resources you’ll need.

Process improvement ideas don’t have to be just for businesses. A lot of it can be used at home to make your life easier.

Put in place a project plan to implement an ISO 9001 Quality Management System. Use the requirements to guide the process.

As a writer, it is important to improve those skills. Just like any other skill as a writer, one should always aim to be the best. The content that you put out should not only be captivating but informative to your audience. Whether you are writing your own book or writing for one of those […]