If you work with one accountant on day-to-day business administration and financial planning, but defer to a specialist tax accountant when the year-end rolls around, it's a good idea to ensure open lines of communication exist between the two.
After all, good communicatio...
Giving thanks for up-to-date financials
November 23, 2016
Your financial data is a goldmine of potential insights when you're running a business and need hard evidence to back up your decisions.
And as we pointed out in our last blog, it's vital that your business isn't based on 'messy financials'. What you need are organized, s...
Messy financials: the challenge of getting organized
October 19, 2016
There are plenty of entrepreneurs and business people who really don't have training in the basics of accounting and financial management.
This knowledge gap can potentially lead to what we in the accounting industry refer to as 'messy financials' – a set of business ac...
How technology has created a new breed of accountant
September 21, 2016
What does the word 'accountant' mean to you? You probably have an image in your head of a stereotypical accountant and what that person might do for your business. They'll wear a suit, do your year-end accounts, file your tax return with the IRS and then send you a bill – ...
Keeping the books and records for your business in order sounds like an extremely dull job.
But what if getting them in order meant that you understood them better? Could use the numbers to help you make decisions faster? Didn't have to spend your weekends and evenings se...
There is a very real perception of accountants as financial experts (perhaps even wizards) whose knowledge and expertise is so far above that of small businesses that there are many financial aspects the business owner will simply never understand.
This perception has bee...
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