Phil Lampugnano If outsourced accounting was a perfect solution, every company would do it. That being said, a lot of companies avoid outsourcing for reasons that seem logical on the surface. When you look at what outsourcing accounting actually entails,...
The hardest part of growing a business isn’t necessarily finding new clients and signing new contracts. The real obstacles come after new business appears and companies have to expand their operations to meet bigger obligations. Maintaining the same speed, service,...
In a recent post, we explored the challenges of recruiting and retaining accounting talent right now. Demand for qualified accountants is extremely high at the same time that supply is low and attitudes about company loyalty are changing. As a result, it’s almost...
Accounting fraud is a bigger problem than most people realize. According to a report from The Association of Certified Fraud Examiners, American businesses lost 5% of revenue to fraud in 2018. More alarmingly, private companies and small businesses were the most...
Accounting data is both a tremendous resource and a constant obstacle. It’s valuable because it reveals a company’s strengths, weaknesses, opportunities, and threats in unparalleled detail. Yet it’s challenging because analyzing huge amounts of accounting data takes...
