Alan Hart — September 2, 2017 — September 2, 2017 In the first installment of this article, I wrote: If every iteration of the budget requires many hours or even days of work to recompile the budget and its derived forecasted reports and financial statements, you are not practicing Lean Budgeting! Here’s why: If your … Continue reading Do You Practice Lean Processes? How About Lean Accounting and Finance? – Part 2
Tag Archives: Accounting
7 Ways Accounting Firms Can Thrive in a Changing Landscape
Jody Glidden — August 16, 2017 — August 16, 2017 Like every other accounting firm, yours is likely under growing pressure to transform the way it interacts with clients. From the use of client-facing and internal technology to positioning your firm through differentiation, the way we do business is changing. It doesn’t help that the … Continue reading 7 Ways Accounting Firms Can Thrive in a Changing Landscape
Build Your Accounting Firm with 7 Ideas from Leading Accounting Firm Business Development Experts
Jody Glidden — August 7, 2017 — August 7, 2017 congerdesign / Pixabay Whether you work for a massive firm or a one-person practice, your revenue potential is limited only by the new business you can bring in or your bandwidth to handle the work. For those looking to thrive and grow, the key is … Continue reading Build Your Accounting Firm with 7 Ideas from Leading Accounting Firm Business Development Experts
3 Business Trends To Consider When Choosing Cloud Accounting Software
Juan Martinez — June 7, 2017 — June 7, 2017 If your small to midsize business (SMB) is in the process of selecting a cloud accounting solution, then there are three important trends you’ll want to inquire about when speaking to vendors. First, you’ll want to know if the software you’re browsing utilizes machine learning … Continue reading 3 Business Trends To Consider When Choosing Cloud Accounting Software
What Do Accounting Employers Look For?
Jannike Ohsten — February 22, 2017 Follow @Babington_Ltd— February 22, 2017 Whether you’re looking to begin or advance your accounting career, finding the right role can be daunting. With an ever-changing professional landscape, it’s difficult to figure out just what prospective employers are looking for. Here are the three areas to focus on. Ethics and … Continue reading What Do Accounting Employers Look For?
How to Identify the Best Accounting Candidates
Jannike Ohsten — November 22, 2016 Follow @Babington_Ltd— November 22, 2016 When recruiting for your next accountant, you’ll want to narrow down your candidate pool to only the best and brightest. So, what exactly should you be looking for, and how do you go about finding the perfect combination of qualifications and skills? Essential qualifications … Continue reading How to Identify the Best Accounting Candidates
Anticipatory Accounting and Finance
Daniel Burrus — November 16, 2016 Follow @DanielBurrus— November 16, 2016 Investors know the value of being anticipatory. In a world characterized by exponential change, the accounting industry has an opportunity to incorporate that same mindset into everyday practices and procedures—in more ways than one. The Netflix Paradox The field of accounting has traditionally labored … Continue reading Anticipatory Accounting and Finance
How To Select the Best Accounting Software Leads?
by Lawrence Anderson April 2, 2016April 2, 2016 One of the main reasons businesses fail is because there isn’t a good bookkeeping system in place that would provide warning signs the business could run out of cash. You can choose to set up a bookkeeping system manually (using accounting books), electronically (spreadsheets) or use accounting … Continue reading How To Select the Best Accounting Software Leads?
Top 5 Reasons Not to Be an Accounting “One-Stop-Shop”
by Candis Roussel November 29, 2015November 29, 2015 One of the biggest challenges accounting firms face today is differentiating their services from the competition in a way that is meaningful to clients and prospects. For years, firms have added practices based on a conventional line of thinking that the best way to bring in more … Continue reading Top 5 Reasons Not to Be an Accounting “One-Stop-Shop”
The Last Day of the Accounting Period Phenomenon
Alan HartNovember 3, 2015 Is shipping on the last day of the month that important and at any cost? In my work in management consulting in the areas of accounting and finance I get involved with many client companies’ financial statement preparation, disclosure work and internal control (plus internal audit in several of the larger … Continue reading The Last Day of the Accounting Period Phenomenon