An accounting audit performs a necessary function of assuring that a company not only is being truthful in its financial reporting but also that the company's operations are working as intended.

Managers recognize accounting as the language of business. Accounting is a means of providing information about an organization's financial performance. The role of accounting is not just limited to ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. For example, does a Series A company always need less finance and accounting support than a ...

All companies are required to complete some level of accounting; however, not all companies require the same level of detail or sophistication. We tend to see businesses use the terms bookkeeper, ...

Running a successful government is no simple task and often requires juggling many moving parts. Whether at a local, state or federal level, one way to alleviate some of the many stressors government ...

Let’s set the scene. A privately held company’s longtime controller gives notice. With only one other accounting person on staff, the owner is left scrambling for a fix until a new controller can be ...

As the Covid-19 pandemic continues to roil the economy, one issue that remains top of mind for decision makers is labor. First, companies are dealing with a shortage of qualified employees. Then there ...

Accounting is a comprehensive system for collecting, recording, classifying, summarizing, interpreting, and communicating financial information. It is often referred to as the language of business as ...

Shortly after we had started our consulting firm, Whitestone Partners, we began an engagement with a home healthcare business. As we do in almost all of our engagements, we asked to see the company's ...

Whether you hire internally or outsource functions, it’s necessary to have an experienced partner with the proper skill set ...

The adoption of artificial intelligence technology in audit functions is on the rise, increasing from 8% to 21% in only one ...