by Controllers Council | Jun 3, 2021 | 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...
by Controllers Council | May 14, 2021 | Accounting
The word “forensic” immediately evokes the imagery of mystery novels and police procedural dramas. But forensic accounting is an important, specialized set of techniques with a variety of applications in the financial world. Many business schools even offer...
by Controllers Council | Apr 22, 2021 | Accounting, Software
You know the stories: an important invoice that went missing, a fake invoice that was mistakenly paid. And we’ve all wasted time entering the same data into multiple systems, such as an AP sub-ledger, an online bank account, a reconciliation spreadsheet, and then the...
by Controllers Council | Apr 10, 2021 | Accounting, Corporate Finance
Reporting continues to be a hot topic in the corporate finance space. Stakeholders want to know that the company is heading in the right direction, top brass needs to know how to steer the organization, and potential investors want accurate pictures of their...
by Controllers Council | Apr 9, 2021 | Accounting, Professional Growth
You got into the accounting space to handle the money—it shouldn’t hurt to make a decent living doing so. From the staff accountant role to the controller to the CFO, everyone in the field plays a significant role for the company and most are compensated well for the...
by Controllers Council | Mar 31, 2021 | Accounting
Whether you set out to achieve compliance with ASC 842 and paused when the regulation date shifted, or this is your first time preparing for compliance, your options continue to grow. Though you may have gotten a lifeline from the delay, you still can’t ignore the...