Tag: Assurance

The month-end close is a pain point for many small to midsize organizations. While internal accounting teams often aim to wrap up the close within three days, a recent survey

For many businesses, accounts receivable (AR) are more than just a line item on the balance sheet. This account is a key indicator of potential cash flow, customer relationships, and

In recent years, interest rates have increased and credit has tightened. Under these conditions, which are expected to persist in the coming months, securing a commercial loan can be challenging

With new tariff structures and global trade relationships, businesses are working to identify supply chain costs and plan for inventory. As details of future U.S. trade agreements with other countries

Property, plant, and equipment (PPE) assets aren’t immediately expensed under U.S. Generally Accepted Accounting Principles (GAAP). Instead, they’re capitalized on your organization’s balance sheet and gradually depreciated over their useful

Many balance sheet items are reported at historical cost. However, organizations that follow U.S. Generally Accepted Accounting Principles (GAAP) are currently required to report certain assets and liabilities at “fair

To maintain long-term success, you must understand and stay informed regarding your business’ financial health. QuickBooks® offers a powerful reporting tool suite that can provide critical insights to support decision-making

According to “Occupational Fraud 2024: A Report to the Nations,” published by the Association of Certified Fraud Examiners (ACFE), financial losses from corruption are on the rise with nearly half

Financial statements tell a powerful story about your organization. However, without proper analysis, they can seem like an overwhelming collection of figures. Financial benchmarking studies can help you identify historical

For many businesses, travel remains a critical expense, whether for client meetings, networking, industry conferences, or sales opportunities. However, travel and entertainment (T&E) costs can quickly spiral out of control,