Construction Accounting vs. General Accounting: Differences

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.

How to Read a Statement of Cashflows

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

The Impact of Sustainability on Sales in the CPG Industry

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,

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

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

How to Find the Right CPA for Small Business in 2024

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

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

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

5 Ways Outsourcing Accounting Can Boost E-commerce Business Growth

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

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

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

Must-Know CPG Trends to Boost Your Brand Presence

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