Are Licenses Worth It?
It’s a debate that’s raged for years—do you need a license to succeed in the accounting profession? After completing our Contemporary Controller Study, we were surprised to find out that not a whole lot of professionals held a license. As we found, 34 percent of CFOs...
A Brief Look at the $1.9 Trillion Stimulus Package
If you haven’t heard, the House passed President Joe Biden’s $1.9 trillion stimulus bill, the last step before it goes to his desk to be signed into law. But will this affect you? If so, how? We look to break down the bill in today’s blog. Main Provisions of the...
Four Steps to Economic Recovery for Business Leaders
A new economic landscape is ahead as the world begins to understand the full impact of the COVID-19 crisis. As restrictions are loosened, you need to start planning for recovery and determining how to respond to fast-moving change. The key to an effective response...
Readying Yourself for ESG Disclosures
After discussing the early push for ESG disclosures, the importance of transparency in this, and the role of technology making this possible, we would today like to explore the first steps to making a transparent ESG disclosure process a reality. Background: What is...
Picturing a Post-COVID Recovery Trajectory
COVID-19 has been around for a year now, and as we celebrate the one-year anniversary of having fifteen days to slow the spread, we’re still trying to figure out what’s going on. Economic forecasts keep changing and rules keep adjusting. But even as vaccinations...
The Modularity of Digital Transformation
Digital transformation is one of those terms that means a lot of things to a lot of people. Often dismissed as jargon, there are in fact ways to approach it successfully and with minimal pain. Driven by the evolution of technology and newfound ease of use when it...
Seven Ways the Lease Standard is Evolving to Address the Current Landscape
Change is on the horizon. Following passage, delays, and a whole lot of posturing about the nuances, the lease standard, ASC 842, is starting to come into existence. For public companies, the transition company was complex and costly. Private companies may face the...
Three Reasons Modern ERP Drives the Contemporary Controller
As discussed in the Controllers Council study titled The Contemporary Controller, 2020 pushed controllers into new roles, created new responsibilities, and did so quite efficiently. The office gave way to the home office. Meetings gave way to Slack channels and Zoom...
Diversity Begets Diversity: Lacking It Distances Talent
It doesn’t sound incredibly complicated—people want to be surrounded with others similar to themselves. Unfortunately, for those in the accounting profession, it’s hard to find talent in the black and brown community, potentially pushing diversity and inclusion...
Three Reasons Companies Should Be Open to Virtual CPE
CPE has long been a part of the accounting profession—and no matter what license you hold, maintaining it requires you to never stop learning. But after 2020, a year that shook up the business landscape, many have looked at different ways to maintain this learning—and...
Staying Afloat When Surrounded by Bankruptcies
Naval formations are interesting things. Each vessel, be it a destroyer, battleship, cruiser, aircraft carrier, or submarine plays a role in keeping the other protected. Aircraft carriers, despite being among the most valuable for their larger role, are often the...
Preparing for Travel and Expense in a Post-COVID World
If there was any business process that was fundamentally changed by COVID, it was business travel. Relied on by airlines and hotel chains, salespeople, executives, and more needed to update everything about their workday to reflect the fact that meetings were...
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