Before You Even Start Up Your Startup – Back to Basics
So you’re starting a new business? So many details, so little time! Whether you decide to handle your startup details yourself or hire an outsource
June 24, 2013
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Category: Outsourcing
Your Accounting and Finance Team – 5 Hot Tips for Start-up Entrepreneurs
5 Hot Tips for Start-up Entrepreneurs Stop the Madness and (Re)gain Control! Let’s face it: Entrepreneurs are a unique breed…you love creating new ideas, you
June 13, 2013
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Should You Hire a CFO or Outsource an Interim CFO?
As a business owner, you are faced with many choices. If you’re in start-up mode, you are managing just about everything in your business, from
June 3, 2013
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Outsourcing Strategy – A Focus on Best Practices
In our previous article, Outsourcing 101, we gave you a general overview of outsourcing; what you can outsource, when to do it, how to do
May 28, 2013
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Outsourcing 101
Outsourcing 101 – What, When, How and WHO? There is a lot of talk about outsourcing in this day and age. From complaints about businesses
May 14, 2013
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CFO’s and CPA’s Are Not (Usually) Created Equally
The Primary Differences Between Your CFO and Your CPA In our recent series of articles, we have been discussing the key roles in your accounting
March 4, 2013
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Qualifications for Key Roles in Your Accounting Department
Learn About Accounting Staff Qualifications Just as with any role in your company, you always want to make sure you are hiring qualified people to
February 25, 2013
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Partnering for Success is What Collaboration Is All About
Smaller companies have less hierarchy, less infrastructure, and fewer staff, which means every member of the team is closer to the core tasks that drive the business; they are more accountable, and therefore more creative.
September 25, 2012
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Mastering the Chart of Accounts – Part 2: Balance Sheet Accounts: Assets, Liabilities, and Equity
The balance sheet is typically used to calculate the net worth of the business, and includes liabilities, cash, and equipment. A basic tenet of double-entry bookkeeping is that the total assets (what the company owns) should equal the liabilities plus equity, i.e. the books should balance. Subtracting the liabilities form the assets reveals the net worth of the business.
March 13, 2012
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Mastering the Chart of Accounts – Part 1: Income and Expense
Understanding the types and hierarchy of the line items in your chart of accounts will make it easier to maintain clean books, and use your accounting software properly. The chart of accounts categories fall under a few basic groups: income and expense, assets, liabilities and equity accounts.
March 8, 2012
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Prepare Your Books For Your CPA and Save Money!
Starting with clean books and financial statements will not only streamline tax filing but also lower tax preparation costs, and give senior management a clearer understanding of the company’s tax position
February 13, 2012
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Staying Abreast of Tax Law Changes Aids Better Bookkeeping
Smart business owners need to be sure their accounting departments are sufficiently familiar with changes in tax law, or they need to seek help from accounting services that are paid to keep up with regulatory changes.
January 30, 2012
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