by controllers | Jun 9, 2022 | Accounting, Finance
Controllers for organizations with multiple subsidiaries know the pain of intercompany accounting. Unbalanced intercompany accounts can lead to inaccurate financial reporting and difficulties with financial statement consolidation. Thus, if you see areas in your...
by controllers | May 16, 2022 | Accounting
Online merchants face unique challenges, and these challenges demand some unique accounting considerations. This guide will explore 6 accounting issues that affect the eCommerce industry, and help you stay on top of your inventory, cash flow, and more. 1. Choosing an...
by controllers | Apr 19, 2022 | Accounting, Sponsor News
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...
by controllers | Apr 14, 2022 | Accounting, Career Development
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...
by Hannah Wozniak | Apr 8, 2022 | Accounting, Corporate Finance
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...
by controllers | Mar 9, 2022 | Accounting, Corporate Finance, Finance, Sponsor News
The unexpected challenges businesses have faced throughout the COVID-19 pandemic are numerous. Yet while the ripple effect of this crisis continues to spread deeper into our work and daily lives, one of the biggest challenges brought on by the pandemic is the ongoing...
