by Controllers Council | Jan 21, 2021 | Accounting, Technology
The ability to bend and not break is the key to resilience. After the past nightmare of a year, companies certainly experienced a bending. Lockdowns, economic uncertainty, work from home shifts, and more have pushed people, processes, and systems to their limits. But...
by Controllers Council | Jan 17, 2021 | Accounting, Legislation
Now a few years active and more than half a decade since its announcement, ASC 606 remains a key focus. Implementation issues remain a concern and many still have questions. In discussions at the conference, highlights from the Office of the Chief Accountant (OCA)...
by Controllers Council | Jan 15, 2021 | Accounting, Corporate Finance, Software, Technology
Controllers have spent a lot of the past year managing constant change. Though we have referred to it as your call to greatness moment, a time in which you’ve done great work finding enough money to keeping the business afloat, it’s stressful nonetheless. But there is...
by Controllers Council | Jan 13, 2021 | Accounting, Software, Technology
What is resilience? Defined as the capacity to recover quickly from difficulties, resilience has become a top challenge and priority for businesses in 2020. But 2021 presents a new vision—bouncing forward. But resilience differs from survival, and the past year has...
by Controllers Council | Jan 5, 2021 | Accounting, Insurance
After the year that was 2020, many hope to see improvement in the coming year. 2021 won’t be without challenges, and finances will still be tight in the coming months. Add to this new tax provisions on the state and federal level, and many see bankruptcies or...
by Controllers Council | Dec 29, 2020 | Accounting, Trends
2020 has put a lot of pressure on firms and their people. Recessions, lockdowns, and election year antics have been a challenge for some and a call to greatness for others. Changes in technology, processes, and communications required new tactics as companies shifted...