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Accounting

Do Current Accounting Systems Inhibit Innovation?

Robert F. Brands | Posted 02.04.2016 | Business
Robert F. Brands

Innovation thought leaders and industry experts emphatically harp that if you want to stay afloat (and ultimately thrive) in today's hyper-competitive business environment, innovation is not optional--it's absolutely imperative for survival and success.

Realizing The Need of Hiring An Accountant for Your Small Business

Allan Smith | Posted 02.04.2016 | Business
Allan Smith

Despite being aware of the benefits of hiring an accountant, most small businesses fail to afford one. Although there are many owners with solid knowledge on bookkeeping and accounting, yet they rely more on the expertise of a professional accountant in order to steer clear of problems during the tax season.

Internship. Check. Job Offer. Check. Career That Is Fulfilling...?

Garrett Mintz | Posted 01.26.2016 | College
Garrett Mintz

In high school, it was very clear of what to do to get to college. You get good grades. In college, it was very clear of what to do to get a job offer. You get good grades, internships and leadership positions in extracurricular activities. But what about pursuing a career that is fulfilling?

To Reduce Inequality We Need to Fundamentally Change How We Account for Value

Jeremy Nicholls | Posted 01.06.2016 | Impact
Jeremy Nicholls

There must be a call to action for public policy makers. It is public policy that requires companies to produce annual accounts, and public policy that dictates that the content of these accounts is what is relevant to investors.

4 Big Things I Didn't Do Before I Turned 30

Sophie Frodsham | Posted 12.01.2015 | GPS for the Soul
Sophie Frodsham

I recently turned 30, and it was a big milestone for me. In my 20s, I looked forward to turning 30 because I figured that by then, I'd totally have ...

Deceptive Accounting Used by Verizon: Wired 'Access Lines' Have Been Dramatically Increasing, Not Decreasing

Bruce Kushnick | Posted 09.04.2015 | Business
Bruce Kushnick

Verizon has been claiming over and over that the company has been losing access lines.

High-Demand Careers That Help End Post-Grad Unemployment

Roberto Angulo | Posted 07.07.2015 | Business
Roberto Angulo

With most college grads either unemployed or underemployed, it's hard to imagine that there is much hiring demand for recent graduates. But, as Bill Gates recently pointed out in a blog post, by 2025 two thirds of jobs in the U.S. will require education beyond high school.

4 Technology Trends for Small Business

John Rampton | Posted 06.05.2015 | Business
John Rampton

While simple tools such as spreadsheets may have been enough to get your business rolling in the beginning, it fails in manipulating information that allows small businesses to see the "big picture." Implementing a proper BI tool can help small businesses analyze high volumes of data across multiple sources, and more easily identify how they're all connected.

Grim Forecast? How Your Small Business Can Weather Sudden Storms

Jamie Sutherland | Posted 06.02.2015 | Small Business
Jamie Sutherland

There isn't a one-size-fits-all extreme weather preparedness plan for all small businesses. Location, industry and operational logistics all play a role in that preparation. Fortunately, several resources are available to aid small businesses in this effort.

Secrets of a Career Climb: Make Shit Happen, Deal When It Does

Jim Treacy | Posted 06.01.2015 | Business
Jim Treacy

Embrace your scars. When you have something to offer you'll be sought. The person who wants something least holds the stronger position. Living the dream is never giving in to adversity -- hold ground, then bounce back.

How to Reduce Your Accounting Staff

Gene Marks | Posted 05.14.2015 | Small Business
Gene Marks

"The Age of Men is over. The time of the Orc has come." Can you tell I just watched all three Lord of the Rings over the weekend? So I've got that quo...

Why Your Backstory Matters: The Case of the Boring Accountant

Lisa Earle McLeod | Posted 05.12.2015 | Business
Lisa Earle McLeod

If you find yourself on the giving or receiving end of a boring job description, it's probably because the conversation focused on the front story instead of the backstory.

Why Your Business Needs an Effective Marketing Information System

Ira Kalb | Posted 06.14.2015 | Business
Ira Kalb

The great thing about business is you do not have to be perfect. You just need to get sufficient information to stay ahead of your competitors and keep updated on your ever-changing marketplace. If you do that, you are likely to win more often than not.

CEO Engelbert's Selection a Big Deal for Gender Diversity

Susan Bulkeley Butler | Posted 04.16.2015 | Women
Susan Bulkeley Butler

Too many times, women get promoted to the next rung of the corporate ladder and they forget about the other women left behind.

5 Reasons Why You Need to Keep Your Payroll In-House

Jamie Sutherland | Posted 04.05.2015 | Small Business
Jamie Sutherland

Here are five reasons why you need to keep your payroll in-house:

Take Charge of Your Small Business Finances This Year

Nellie Akalp | Posted 03.23.2015 | Business
Nellie Akalp

You started a business in order to follow your passion. And even though you're fortunate to work at something you love, you still need to contend with pesky back-office tasks and financial bookkeeping.

The Single Most Important Metric to Measure to Improve Your Cash Flow

David Finkel | Posted 02.16.2015 | Business
David Finkel

Most businesses carelessly fall into cash crunches because they let their receivables slip longer and longer before being paid. But the longer you let your receivables slip, the more damaging this can be to your company's cash flow.

Women in Business Q&A: Harriet Greenberg, Partner at Friedman LLP

Laura Dunn | Posted 02.16.2015 | Business
Laura Dunn

Harriet Greenberg, a partner at Friedman LLP since 1985, has over 30 years of experience working primarily with distribution and manufacturing compani...

Considering Cloud Accounting? 5 Reasons Why You Should Make the Switch in 2015

Jamie Sutherland | Posted 02.09.2015 | Small Business
Jamie Sutherland

There is no doubt that cloud computing is the future. If you haven't made the switch, your competitor probably has. So make it your 2015 resolution to take the first step by moving your accounting to the cloud or at the very least give it a test run by using a free trial.

3 Ways to Protect Your Company from Fraud, Theft, and Embezzlement

David Finkel | Posted 09.24.2015 | Business
David Finkel

Private companies are prime targets for fraud. According to the Association of Fraud Examiners in 2010, 42 percent of fraud cases happened in privately held companies, with the majority being in companies with fewer than 100 employees.

The 4 Most Common Causes of Cash Flow Challenges (and what to do about them)

David Finkel | Posted 09.23.2015 | Business
David Finkel

Before you rush off to sell your way out of a cash flow challenge, make sure you take a moment to see if that is the real root cause of the crisis.

Fun Read: How to Work With An Accountant

Yun-Fang Juan | Posted 10.19.2014 | Small Business
Yun-Fang Juan

To learn how to make the most out of this relationship, Fundastic interviewed Celina Lam, a CPA with three decades of experience working with small businesses in the San Francisco Bay Area. Here is the Q&A.

Confessions Of An Accountant: 'I Have $130,000 Worth Of College Debt'

LearnVest | Posted 09.02.2014 | Money
LearnVest

My take-home pay is a little more than $3,000 a month -- and roughly 45 percent of that goes toward my student loan payments. When that much of your paycheck is eaten up, something's gotta give.

From Veteran to Vetrepreneur: Steps to Transitioning Into the Private Sector

Tabatha Turman | Posted 07.27.2014 | Business
Tabatha Turman

While the road to a successful business is not always smooth and linear, trust in yourself and your abilities to lead you.

Help Wanted: Slow and Expensive Accountant

Sarah Anderson | Posted 07.23.2014 | Politics
Sarah Anderson

Fortune 500 company is seeking a highly unproductive senior accountant to help inflate the cost of complying with a new federal law requiring that all publicly held corporations disclose the ratio between their CEO and median worker pay.