February 26, 2023
Three things drive up the cost of Sarbanes-Oxley compliance more than any other: Cost of Scale, Cost of Review, and Cost of Improvement.
January 18, 2023
Control systems that are designed only to achieve compliance are doing the bare minimum. How can you build an effective internal control system for success?
January 8, 2023
The accounts receivable procedures for collection process are critical to reducing days sales outstanding and generating more cash for your business.
September 18, 2022
Giving your customers credit is like lending them cash. Internal control should include credit policy and processes just like it covers how cash is handled.
August 28, 2022
Accounts payable is focused on increasing the size of assets, while maintaining a solid credit rating, and increasing purchasing process velocity.
August 3, 2022
The purpose of your Accounting Policy Manual is to document the financial principles and policies governing your company's accounting practices.
July 20, 2022
Employers, and particularly owners of small or medium-sized businesses, have to be careful about developing a personal trading policy for their employees. Developing an in-depth trading policy could protect you from liability and even criminal charges. Do you have effective employee personal trading policies?
July 18, 2022
Starting a business is a particularly difficult and expensive process, and the life of an entrepreneur is generally so packed with day-to-day responsibilities that taking care of your finances is often the last thing on your mind. What accounting tips do small businesses need to know?
July 6, 2022
Trying to comply with customer expectations, management objectives, government regulations, and/or industry standards can be expensive.