Financial Management System vs. Enterprise Resource Planning
Technology has always been an aid to business. Today’s advanced technologies can help businesses to manage inventory, monitor finances, and manage their personnel. In this article, we’ll focus on two critical pieces of technology: The financial management system...
A Guide to Family Office Structure
Money management is important for any family, but for families with an extremely high net worth, managing financial assets is a job unto itself. Recent years have seen the emergence of the “family office,” an organizational scheme that aims to help...
Accounting Standards Updates (ASU) for 2021
There are various accounting standards employed in the United States. These standards are upheld and enforced by various agencies and government parastatals. Keeping all of the information relating to these agencies in line can be daunting in most cases. The knowledge...
Accounting and CPA Compensation Trends
The value of any job depends on a number of factors, but salary is often one of the primary considerations. In an age where the demand for accountants is greater than the supply, it’s important for companies to offer competitive salaries to hire and retain qualified...
The Growing Shortage of Accountants and CPAs
The accounting, CPA, and corporate finance industry is facing an accountant shortage. While the job market has been growing steadily since the recession of the 2000s, many accounting departments and CPA firms have struggled to find qualified talent to fill their...
The Top Accounting Academic Programs in the U.S.
With a growing accountant shortage, it’s more important than ever before to direct young adults to a career in accounting. This career might offer a great deal of stability in an increasingly unstable job market. What does it take to become an accountant? Accounting...
2020 Controller of the Year Awards: Keys to Career Success
Winners of the first annual 2020 Controller of the Year Awards have been selected after a nomination period and judging process that began in January of this year. The awards program was available to Corporate Controllers and related titles that have controller...
Diversity, Equity & Inclusion (DEI) in Accounting and Corporate Finance
On the national stage, Americans are becoming increasingly sensitized to the needs of minority communities. While the origins and extent of racism and discrimination are hotly debated, what remains undeniable is the fact that women and minority groups tend to be...
10 Tips to Help Controllers Become Great CFOs
You’re a successful financial controller. And now you’re ready to take your career to the next level. You want to be a chief financial officer (CFO), but you don’t just want the title. You want to be a great CFO, a transformational business leader. So, how do you...
Changing US Tax Policy: What it Means and How to Stay Compliant
President Trump signed the Tax Cuts and Jobs Act (TCJA) into law on December 22, 2017. The Act introduced sweeping changes to the U.S. tax landscape on a scale not witnessed in over 30 years, effectively dividing the tax regime into pre and post TCJA eras. As...
The Future of Financial Analysis
Finance plays a critical role in ensuring organizations continue to thrive. Free up your finance team’s time to carry out more complex and valuable analysis while building knowledge of financial performance across the company. This year has been critical for many...
What is Lease Accounting?
Making a successful transition to the latest lease accounting requirements, such as ASC 842, IFRS 16 or GASB 87, is a threefold process of understanding the standards and their impact on a business and its accounting practices, identifying and gathering the necessary...
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