Optimism Abounds among Financial Leadership, According to New Survey
After all the evils of the world escaped Pandora’s Box, one thing remained—hope. And after the year that was 2020, after all the wild changes and challenges it presented, it appears that hope remains, at least according to one recent survey of CFOs and other corporate...
IRS Announces Taxpayer Friendly Notice for Partnerships and S-Corps
It’s rare to see the IRS announce something that benefits taxpayers, but it’s 2020—weirder things have happened. In a recent notice, Notice 2020-75, the IRS announced an important lifeline for partnerships and S-corps allowing these entities to deduct state and local...
Coming Soon to Lenders Near You: PPP 2
It looks like businesses suffering from the lockdowns likely have another round of PPP funding on the way. Passed after months of squabbling in both chambers, the Bipartisan Emergency COVID Relief Act of 2020 appears to be approaching passage. A wide-ranging proposal,...
Tax Provisions Set to Expire with 2020
2020 is mercifully about to come to an end. Though we won’t be out of the woods entirely, we can soon say that we’ve survived the year that was and forge ahead. But with the end of each year comes the expiration of some provisions that, unless otherwise extended, will...
Seven Steps to Evolving Your Company CPE Plan
Continuing professional education. It’s a necessary part of the accounting field. CPE helps your staff retain licenses, stay up with the latest trends and changes, and ultimately keep your accounting and corporate finance departments up and running. But without a...
New Year, New Focus: How Controllers Can Become Digital Transformation Champions
The path to business transformation lies in the digital space. An ongoing and neverending evolution of processes, practices, and technologies, transformation combines a cultural shift with a technological one to streamline and facilitate decisions. “But,” you may be...
Preparing for 1099 Changes at Year-End
You already know the importance of tax compliance. But equally important to the work you’re doing in March is the work you’re doing at the end of the calendar year. 1099 season is upon us and much like the rest of 2020, it’s a bit more challenging than in years past....
Should You Take That Recruiter Call? It Can’t Hurt.
Controllers and other corporate finance professionals are always in demand. It’s not only a role necessary to nearly every company, it’s a role that provides the good kind of challenges. Though a role that is constantly becoming more strategic, controllers own the day...
Three More Metrics to Look at on Your Road to Recovery
The lockdowns roll on, and companies continue to struggle. Vaccines are coming, but those are still yet to be truly open to us all. But hopefully there is a light at the end of the tunnel. In August, we wrote a two-part series on the most important metrics to focus on...
Is SWIFT Inbound Tracking Going to be the Secret Sauce for Multinationals?
Could there be another big time payments evolution in the making? Over the past few months, we’ve put a lot of focus on the payables and receivables processes, but what about the last mile? You can automate and create efficiency for all the processes in the world, but...
Path to IPO: Could Pre-IPO Company Controllers Benefit from a Part Time Chief?
At a growth-stage company, few people are as important as the controller. Each funding round is unique—requiring unique metrics to prove the firm is on the right path. In fact, for many companies, controllers are the first significant corporate finance hire. After...
Has the Coronavirus Given Corporate Finance a Taste for Technology?
Let this sink in: When it comes to choosing technology, 50% of senior finance executives consider themselves enthusiasts or early adopters. This according to Bill.com and CFO Research, feels like a shift from the norm. While corporate finance leaders have become...
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