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Three Revenue Recognition Takeaways from the AICPA Conference on Current SEC and PCAOB Developments

Three Revenue Recognition Takeaways from the AICPA Conference on Current SEC and PCAOB Developments

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)...
Life Comes at You Fast: How Flexible AP Helps You Respond to Sudden Change

Life Comes at You Fast: How Flexible AP Helps You Respond to Sudden Change

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...
Addressing Disruption: How AP Automation Makes for Resilient Business

Addressing Disruption: How AP Automation Makes for Resilient Business

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...
Accounts Receivable Insurance: Basics and Benefits

Accounts Receivable Insurance: Basics and Benefits

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...
Three Takeaways from Accounting Today’s Biggest Influencers of 2020

Three Takeaways from Accounting Today’s Biggest Influencers of 2020

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...
Resolve to Improve Your Monthly Close in 2021

Resolve to Improve Your Monthly Close in 2021

by Controllers Council | Dec 21, 2020 | Accounting, Technology

A few short days before 2020 is over and we can put this year in the rearview. From the pandemic and lockdowns to tax implications and changes, there is a good reason to celebrate the end of this year and look toward the future. Though challenges aren’t going away, we...
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