4 Ways to Improve Internal Accounting Controls
Internal controls can often seem like a topic reserved for public companies with hundreds of employees and locations all over the world. But a system of internal controls is critical for both public and private companies, regardless of size, because it ensures that...
IMA Report Outlines Entry-Level Skills for Accountants
In December of 2021, the Institute of Management Accountants (IMA) released a report outlining essential skills that entry-level accountants should have as they begin their careers. The report recognized that the accounting profession is changing, which emphasizes...
The 2021 Controller Awards: Call for Applicants
As the leading body and voice of the controllership and corporate finance community, we are excited to announce our second annual Controller of the Year Award. Second Annual Controller of the Year Awards™ Created to recognize the effectiveness and achievements of...
The Ten Top Controllers Council Posts of 2021
As we all close out our calendar year, we would today like to take a second to look back at some of the posts that our readers found most insightful in 2021. The Growing Shortage of Accountants and CPAs The accounting, CPA, and corporate finance industry is facing an...
Upcoming 2022 Tax Changes
While taxes are an annual concern, the coming year will bring changes that accounting professionals should understand. Understanding these 2022 tax changes can help controllers and corporate accountants prepare for the tax year, ensuring compliance with established...
The Top Accounting Organizations in 2022
As an accounting professional, you understand the importance of maintaining your license as well as pursuing continuing professional education (CPE). You can find support with CPE from one of the many accounting organizations that operate in the U.S. These include...
Ruby Slipper Café Reduces Time to Close with Financial Close Automation
In half a century, the CFO has transformed from a tactical number crunching, budget developing role into a strategic financier and partner. And now the voice of the CFO is as important as the CEO, as both internal and external audiences look to the C-suite executive...
2021 Record Number of IPOs Driven by SPACs
Special Purpose Acquisition Companies (SPACs) have a long history of setting records, so it’s not surprising that 2021 saw a record number of IPOs driven by SPACs. SPACs had previously raised $83.4 billion in Initial Public Offerings (IPOs) in 2020, but by March of...
The Newest Role of Controllers: HR
Controllers have historically supervised accounting and financial operations, but increasingly they are being asked to provide oversight on the company’s entire Human Resources (HR) department. Prospective job-seekers may be surprised at the number of financial...
What Controllers Need to Know About CRM
As shared in recent studies and webcasts, the roles of Controllers, CFOs and other corporate finance managers is rapidly evolving to manage many and sometimes all aspects of technology used in their organization. This includes systems not directly used for Accounting...
Why Manual Accounting is Not Sustainable
Small organizations and startups typically use spreadsheets, entry level accounting or bookkeeping systems, and/or outsourced bookkeeping for accounting, financial reporting, and taxes. This manual accounting works for millions of small, simple businesses, but...
Trintech + Planful: Bringing Finance and Accounting Teams Together
Today, the frequency of forecasting and planning has accelerated from monthly, to weekly, and now in many cases, to daily. We have reached a point where the key concern of the CFO is no longer tactical issues - they're expected to not just deliver value, but they're...
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