by Controllers Council | Jan 19, 2023 | Accounting
No matter your industry, you need cash to stay in business, especially during periods of economic instability or inflation. Liquidity is a way that companies measure their ability to gain access to cash to cover short-term obligations. Here’s a deep dive into the...
by Neil Brown | Dec 29, 2022 | Accounting
In September of 2022, the FASB announced its Accounting Standards Update (ASU) 2022-04 subtopic 405-50, Disclosure of Supplier Finance Program Obligations. The amendments in the Update are effective for fiscal years beginning after December 15, 2022, including...
by Controllers Council | Dec 19, 2022 | Accounting, Trends
The last two years have brought about rapid and sweeping changes to the accounting industry. In 2023, issues involving technology, regulatory compliance, and the talent shortage will take center stage, presenting evolving challenges to accountants, CPAs, and corporate...
by Neil Brown | Oct 10, 2022 | Accounting, Accounting Operations, Corporate, Corporate Finance, Corporate Strategy, HR/Talent, Outsourcing
Corporate Finance and Accounting (F&A) organizational structures differ based on company size, public vs. private, industry, and other factors. That said, company size might be the biggest determinant, but definitions of small, medium and large or enterprise...
by Controllers Council | Aug 17, 2022 | Accounting
The Public Company Accounting Oversight Board was created to oversee the audits of public businesses, defend the interests of investors, and grow the public’s interest in the organization of unbiased and accurate audit reports. The PCAOB also works to enhance auditor...
by Controllers Council | Jun 9, 2022 | Accounting, Corporate 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...
