An Introduction to Accounting Project Management in 2024

You might have heard the term “accounting project management” at work as an accountant or project manager. For a layman, accounting and project management would appear to be quite distinct disciplines. So, what exactly is this strange combination of the two, and why does it matter? What is Accounting Project Management In a sentence, accounting

Getting Started with E-Commerce Inventory Management in 2024

What is E-Commerce Inventory Management? Efficient e-commerce inventory management means no more stockout, less lost sales, or excess ordering. E-commerce inventory management refers to the systems an e-commerce business uses to manage inventory. An e-commerce inventory management system deals with sourcing, storage, tracking, quality assurance, demand planning, and supply planning. It addresses many more functions,

A Beginners Guide to Business Analysts: Responsibilities and Career Overview

Business analysts often bridge the gap between technical teams and business stakeholders, translating needs into actionable plans. Companies seek them out first whenever business growth is an issue. But what is a business analyst, and what is his/her role and responsibility? If you want to learn more about business analysts and their role in companies,

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