How To Prevent Cash Flow Problems
Business cash flow management is essential, in particular for small businesses. It pays salaries and bills and allows to invest in growth. But no business is safe from unexpected cash flow problems, whether they are due to late payments, a customer insolvency or an...
Corporate Governance Trends in 2022
For many American companies, 2021 represented both the best of times and the worst of times. The rollout of the COVID vaccine offered a momentary boost of energy, but this was soon dampened by the Omicron variant, supply chain issues, and problems abroad. What will...
Scale without Fail: Grow your Business with Financial Close Automation
After two years, discussions that center around the challenges of the “Great Resignation'' and post-pandemic recovery are starting to get old - yet both continue to persist and have a tremendous impact on businesses in various ways. As a result, while most companies...
How to Prevent Insolvency Risk
Insolvency is a real threat to all companies, especially those who operate under corporate distress. Today, the lagging effects of trade disputes, political uncertainties, social tensions and even global health concerns can also put the best-run companies at...
Managing Corporate F&A in the Great Resignation – Roundtable Highlights
Controllers Council recently held a Roundtable Panel Discussion on the hot topic of Managing Finance and Accounting in the Great Resignation, sponsored by Oracle NetSuite. The panel featured four panelists: Brenna Albert, John Baule, Jennifer Pinder, and Bob Lindeman....
Managing Disruptive Supply Chains
Disruptive supply chains have been in the news for the past few years. Since the pandemic began, we’ve witnessed multiple instances of interrupted access to supplies. The first event occurred at the very beginning of the COVID-19 pandemic. There was a shortage of...
5 Ways to Make Intercompany Transactions Easier
Intercompany transactions are common in the business world. In truth, over 80% of all global transactions are intercompany. The challenge for finance and accounting teams can be daunting, but it doesn't have to be. It’s important to have a clear understanding of what...
Controller’s Guide to Professional Employment Organizations
Small and medium-sized businesses are beginning to see the benefits of professional employer organizations or PEOs. These organizations allow for outsourcing certain administrative tasks, such as payroll and benefits administration, on behalf of a business. This...
Accounting Crisis – CPA Firms Face 75% Retirements
CPA firms are facing an upcoming severe staffing challenge. Almost 75% of the CPA workforce met the retirement age in 2020, as estimated by the American Institute of Certified Public Accountants (AICPA). What’s more, the number of CPA exam candidates has drifted...
Doing Business With a Company in Chapter 11 Bankruptcy
Business insolvency is on the rise, enhancing the threat that some of your current clients could declare bankruptcy this year. In fact, in 2020, business failures are set to rise for the fourth consecutive year. Under Chapter 11 bankruptcy, a company can reorganize...
The Controllers Guide to Valuations
Valuation is a much-talked-about topic in corporate accounting. One of the basic duties of a financial controller is measuring the economic value of a business, its assets, and its divisions. Knowing the fair value is crucial if and when a company wants to sell or...
What Corporate Finance and Accounting Needs To Know About Inflation
In February, the Bureau of Labor Statistics reported that prices increased by 7.5% YoY. That is the highest level of inflation that the country has experienced in 40 years. In March, the bureau reported an even higher 8.5% inflation compared to last year. Inasmuch as...
