Accounting responsibilities will always be a constant for small, medium, and large businesses. The crucial difference lies in the presence of a professional who can handle the numbers. Many independent business owners are usually tempted to DIY their accounting—often with lackluster or even disastrous results....
Cost accounting is often mistaken for regular accounting, which is why most small businesses assign such responsibilities to their bookkeeper. However, regular bookkeepers often lack the experience and training needed to pull off this particular accounting method. The knowledge and technical expertise needed to analyze...
Being a small business owner means you’re no stranger to challenges. Every month, there’s a milestone to hit, an issue to resolve, or a roadblock to overcome. And, you’ve no doubt experienced your fair share of accounting challenges, from balancing the books to computing your...
Most small and medium-sized businesses simply need a small, stable team to get by, as the size makes it possible to operate on minimal manpower. However, as a business grows and evolves, it becomes necessary to have dedicated professionals focusing on a specific area of...