Tighten Accounting Controls

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?

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?

Trying to comply with customer expectations, management objectives, government regulations, and/or industry standards can be expensive.

Well-written Accounting Procedures are an important part of an internal control system (as required by SOX Section 404), but over documenting can be a detriment to internal controls.

Accounting Procedures can play a role in continual improvement, not just compliance if you use your accounting Procedures to drive internal control.

Are you curious about pursuing an education in accounting? The field of accountancy has many benefits and can be a very rewarding experience for people who are interested in finance and business.  Why accounting is a great major?

If you are an organization, company, or business that has to deal with dozens of clients daily, procurement software could make your finance management a lot easier. The software will help you analyze your total spending, track thousands of suppliers, pay attention to individual supplier performance and promote compliance. What are the benefits of procurement […]

Understanding how your own accounting software works is as important as understanding the actual double entry accounting that is occurring “behind the scenes”.

Historically, compliance has been the focus of most knowledge management systems but, can you really have compliance without control?