How to Keep Your Small Business Finance Audit Neat and Clean

Small business owners have a lot on their plate – managing the business/innovating, cash flow management, taking care of staff issues, productivity, marketing, dependence on clients and retaining them, widening the client base, quality control, safety, and personal stress. Apart from these, you also need to stay in compliance with taxation and other financial regulations …

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How to write a finance essay

Financial essays are meant to demonstrate your knowledge of finance theory as well as the awareness of the practices in the appropriate finance categories. In this type of paper, you should cover an issue in the field of finance. The writing is based on the research of scholarly sources and case studies. Depending on the …

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Why focusing on payroll is important and 7 ways to improve it

Payroll is a critical activity in every business. Payroll experts have the responsibility of maintaining accurate records, making salary/wage payments on time as well as ensuring organizational compliance with central government rules. The current business environment is complex, rapid changes are constant and companies must focus on many aspects for a smooth payroll process. How …

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Learn The Basics of SSAE 18

Globalization has enabled companies to grow, but it also comes at a cost. It has forced businesses to evolve and adapt to the current business environment. Businesses are forced to specialize in what they do best and outsource the rest to firms and vendors. This has helped reduce costs, meet demand, gain compliance, etc. but …

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What Are The Pros And Cons Of Having a Credit Card Against FD?

Credit score, which reflects an individual’s creditworthiness, plays a vital role when he/she approaches any financial institutions to avail a credit card from them. Financial institutions check the credit score of an applicant and then decide whether to approve an application or reject it. Thus, the importance of credit score cannot be stressed enough, and …

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How a Financial Advisor Can Help You Reach Your Monetary Goals

“Financial advisors” is an umbrella term that covers professionals who provide a variety of services including investment management, financial consultation, and wealth planning. They can help you manage your money in the most optimal manner possible. A good financial advisor will identify your monetary goals and create a plan that will help you accomplish them. …

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Why Immigrants Contribute to the Growth of Businesses in the US

Immigrants play a huge role when it comes to entrepreneurship. In the United States, for instance, while they only make 13 percent of the population, the immigrants represent 27.5 percent of all entrepreneurs. And not just in the US, immigrants contribute largely to entrepreneurship in many other nations around the world.  Immigrants contribute more to …

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At What Point Should You Escalate Overdue Accounts Receivable?

Almost every business out there sells on credit. But not all customers who buy on credit meet their debt payment terms. That’s why, despite having attractive sales figures, many businesses suffer from sluggish cash flow. It’s not always the mistake of the customers, though. In many cases, it’s because businesses have failed to establish strong …

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Cash-Basis vs Accrual Accounting

Cash-Basis v/s Accrual Accounting – Essential Aspects To Consider Before Choosing Accounting is an essential aspect of any business. There are primarily three methods of accounting – Cash basis, accrual accounting and modified cash-basis, and each method has its pros and cons in application. The two accounting methods that have a major difference in their …

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Prepping for a New Year: How Your Business can Resolve to Improve its Bottom Line

The beginning of a new year is the perfect time for businesses of all kinds to make a few important operational or financial changes. Businesses across the world will resolve to improve cash flow, increase revenues, or find other ways to improve their bottom line. However, while creating resolutions is undeniably a productive step in …

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