Construction Accounting
08
Mar
Blogs

Construction Accounting vs. General Accounting: Differences

Posted on by Mustafa Mohsin

Construction accounting vs. general accounting is not exactly the type of comparison people might think it is. Working in a construction company is different from working in any other business. It is helpful to distinguish what makes construction accounting different from regular accounting. However, it must be clarified that these two are not directly comparable. Construction accounting is more of a subset of general accounting. Think of general accounting as an umbrella term, with various niches of accounting coming under

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Statement of Cashflows
06
Mar
Blogs

How to Read a Statement of Cashflows

Posted on by Najma Furqan

As an entrepreneur, you can better understand how your company is doing by interpreting its four financial statements. The cash flow statement is one of the financial statements. It is also, arguably, the most underestimated financial statement. The cash flow statement measures how a company is managing its cash. Not understanding it properly may lead to cash flow problems in the company. In fact, according to Webinar Care, 60% of SMEs fail because of problems in their cash flows.  Want

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CPG Industry
29
Feb
Blogs

The Impact of Sustainability on Sales in the CPG Industry

Posted on by admin

Is sustainability in the CPG industry more than just a nice-to-have today? Sustainability is currently just as big a topic of interest in the business landscape as AI. Everyone is concerned about the environment and ecosystem. Whether it be governments, organizations, or consumers, everyone has an opinion. While a certain section of naysayers spurn sustainability, the consensus held worldwide is that action must be taken. The CPG industry faces quite a challenge from the push towards sustainability. For example, the

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https://expertiseaccelerated.com/wp-content/uploads/2023/11/Staff-Augmentation-Vs.-Consulting-scaled.jpg
26
Feb
Blogs

Outsource Like a Pro: Must-Have Prerequisites for Bookkeeping Success

Posted on by Mustafa Mohsin

In today’s inflated world, SMEs can gain a competitive edge if they outsource their bookkeeping. Outsourced bookkeeping can help business owners streamline operations and focus on core activities. However, business owners should consider some factors to have a smooth and rewarding outsourcing experience. Following are some must-have prerequisites for bookkeeping success when outsourcing: Scalability and Flexibility A good bookkeeping provider can offer flexible solutions that adapt to different situations. Your business might experience rapid growth, economic uncertainty, and increased product

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CPA for Small Business
23
Feb
Blogs

How to Find the Right CPA for Small Business in 2024

Posted on by admin

A Chartered Public Accountant, or CPA, is vital to success in 2024 for small businesses. Competition is only getting stiffer as more firms enter the fray. The e-commerce boom is also on its way to massive growth over the next decade. The competition is intense; hence, small companies should take advantage of a CPA. A CPA for small businesses is EA’s first suggestion to any entrepreneurs trying to make it big. The business climate is suffocating nowadays. Everyone is fighting

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22
Feb
Blogs

Top 6 Finance and Accounting Outsourcing Trends Expected to Continue in 2024

Posted on by admin

Finance and accounting outsourced trends have been consistent over the past few years. They have become a foundational part of the US business landscape. The biggest reason for this prosperity in finance and accounting outsourcing is clear to everyone after the recent Robert Half survey, which reported that 91% of senior management report difficulties finding in-house accounting staff. On the other hand, Grand View Research has projected the accounting outsourcing market to grow at a CAGR of 9.1% by 2030.

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Outsourcing Accounting Growth For Ecommerce Businesses
20
Feb
Blogs

5 Ways Outsourcing Accounting Can Boost E-commerce Business Growth

Posted on by Munis Khan

E-commerce sales are predicted to grow by 56% over the next four years, reaching +$8 trillion by 2026. As e-commerce continues to grow, the competition becomes more intense. Each company aims to maximize its earnings and control costs without compromising quality. Is there a way to control costs without compromising your work? Is outsourcing accounting services a win-win situation for your e-commerce brand? Let’s find out. Top Ways Outsource Accounting Can Accelerate Your E-Commerce Business Growth Outsourcing accounting refers to

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Supply Chain planning trend
16
Feb
Blogs

What is Supply Chain Planning? Most Anticipated Supply Chain Trends for 2024

Posted on by admin

Supply chains are the circulatory system of the body of a business. Supply chain planning is akin to the brain telling the blood where to flow to keep the whole thing running. The Supply Chain Planning process is an interesting topic of discussion as of late. We have quite a few new variables in the mix in 2024. AI and automation technology are progressing by leaps and bounds, not to mention that global supply chains have become the norm for

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Trends to Boost CPG Brand Presence
15
Feb
Blogs

Must-Know CPG Trends to Boost Your Brand Presence

Posted on by Mustafa Mohsin

Must-Know CPG Trends to Boost Your Brand Presence There are reasons why Procter & Gamble is the best CPG brand across the US. The company has killer marketing methods that make its consumers keep coming back to them and leave their competitors far behind. The CPG industry is ever-evolving. It’s not a choice but a necessity for CPG brands to place a strong emphasis on being market-relevant. Consumer behaviors are evolving, too; We see more skepticism from customers toward traditional

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FP&A vs Accounting
12
Feb
Blogs

FP&A vs Accounting: Differences Every Entrepreneur Should Know

Posted on by Munis Khan

FP&A and accounting are like two sides of a coin. They complement each other but have differences. On the surface, the question of Financial Planning and Analysis, or FP&A vs accounting, sounds ridiculous. Accounting and finance might as well be the same for a start-up or small business owner. Both deal with money management in the business landscape.  But in truth, these two functions are decidedly distinct. In this blog, we will review the differences between FP&A and accounting.  This

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