Achieving the Right Balance of Working Capital
Working capital — the funds your company has tied up in accounts receivable, accounts payable and inventory — is a critical performance metric. ...
Before You Scan a QR Code, Make Sure It’s Legitimate
Technology has made seemingly everything fast, convenient and easily accessible. This is certainly true of quick response (QR) codes, those ...
New-and-Improved Accounting Rules for Common Control Leases
On March 27, 2023, the Financial Accounting Standards Board (FASB) published narrowly drawn amendments to the lease accounting rules. The updated ...
What Business Owners Can Do About Insurance Fraud
According to various sources, around 10% of all insurance claims involve fraud. Insurance companies generally pass along the cost of these fraud ...
Top Reasons Not to Hire a Full-Time CFO
At the forefront of every important financial decision regarding a company is its CFO. They are often credited as the economic backbone of their ...
Clean Vehicle Credit Comes With Caveats
The Inflation Reduction Act (IRA) includes a wide range of tax incentives aimed at combating the dire effects of climate change. One of the ...
How to Use Real-Time Financial Data to Improve Your Cash Flow Forecast
Real-time data is transforming our lives. The days of being caught in a rainstorm without an umbrella or in a bulky sweater on an unseasonably warm ...
How Businesses Can Minimize the Risk of Fraud
Any business can be at risk for fraud, so it is essential to implement measures to protect your interests and those of your employees. Adopting best ...
Leveraging Internal Audits
Many companies have an internal audit department that tests whether the organization is accurately reporting financial results and complying with ...