It’s not uncommon for someone who starts a marketing business to have limited accounting knowledge. After all, marketing and accounting are often seen as having opposite functions—the former dealing ...

Any accountant will probably state that you can’t run a business without good accounting. But some business owners run their businesses just fine without a formal bookkeeping or accounting system. Is ...

ATTENTION TO DETAIL: In addition to the necessary licenses, contractors should strongly consider obtaining training on financial basics, including understanding cash flow, balance sheets, income ...

America’s small businesses face unprecedented challenges. Small business bankruptcy filings increased 78% over the past year, driven by impending changes to bankruptcy law and ongoing uncertainty ...

Whether you are a new startup or an established large company, there is nothing more important than strong accounting practices. Every organization has a legal responsibility to maintain accurate ...

Transitioning from cash-basis or tax-based accounting to generally accepted accounting principles, or GAAP, can be a difficult process for restaurants. GAAP requires owners to follow more nuanced ...

We talk all the time about how integrators should shift an MSP-type model: that is, a managed-service provider. The trick, though, is all in the transition. If you’re about to alter how your business ...

Retailers who notice a significant discrepancy between gross sales and available revenue can often trace the issue to one specific challenge: chargebacks. Customer disputes represent a growing threat ...

Most of us on a journalism career path have little or no experience with the financial management of a news organization. This article is aimed at those of you who are thinking about, or already are, ...

The question of how to account for digital assets has emerged as a challenging one for accountants as use of these assets becomes increasingly common. Although accounting for exchange-traded digital ...