Managers recognize accounting as the language of business. Accounting is a means of providing information about an organization's financial performance. The role of accounting is not just limited to ...

All companies are required to complete some level of accounting; however, not all companies require the same level of detail or sophistication. We tend to see businesses use the terms bookkeeper, ...

Many businesses use some form of management accounting, whose functions include budgets, cost allocation methods and cost-volume-profit or break-even analysis. Strategic management accounting goes ...

Shortly after we had started our consulting firm, Whitestone Partners, we began an engagement with a home healthcare business. As we do in almost all of our engagements, we asked to see the company's ...

Agility and efficiency are pillars of accounting. Like any foundational element, they can crack, leaving your organization’s accounting functions exposed, convoluted, outdated or even inoperable.

There’s been an explosion of outsourced accounting, says Matthew Long, CPA, principal and director of Client Advisory Services at Rea & Associates. The driver behind it all? Technology. Artificial ...

Explore the critical roles of back office functions in businesses, including settlements, compliance, and IT services, with examples and insights for cost-saving strategies.