Cash or accrual accounting: What’s best for tax purposes?

August 19, 2024

Choosing between the cash method of accounting and the accrual method for tax purposes can impact your tax situation. But not all businesses qualify for both methods.

Take charge of working capital management

August 12, 2024

Here are three practical tips to manage your company’s working capital more efficiently.

What are AUP engagements — and does your business need one?

July 30, 2024

A financial statement audit provides a detailed, reliable snapshot of a business’s entire operations. But sometimes you need something simpler and more versatile. Maybe you need an “agreed upon procedures” engagement?

Why auditors monitor journal entries

July 15, 2024

What has your organization done to minimize the risk of financial misstatement? Audits can be an effective antifraud control. Here’s one hot spot auditors often target to unearth financial statement fraud.

Bookkeeping provides a solid foundation for financial reporting

July 8, 2024

Do you know the difference between bookkeeping and accounting? We’ll explain why your bookkeeper plays a key role in the long-term success of your business.

Best practices for expense reporting

June 28, 2024

Submitting and approving expense reports can be time consuming and tedious for employees and employers alike. What can your business do to streamline its expense reporting process?