Blogs - Accounting

Predicting Your Company’s Financial Health with Balance Sheet Forecasting

Posted by
Alan Hart
Title: Consultant
Company: Pacific Shine Group
(Consultant at Pacific Shine Group) | 07-20-2015
In the past many financial professionals were reluctant to conduct balance sheet forecasting. The process was tedious and time consuming – especially if relying on spreadsheets – and...
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You’re A Finance Business Partner, Now What?

Posted by
Anders Liu-Lindberg
Title: Regional Finance Business Partner
Company: Maersk Line Northern Europe
LinkedIn Profile
(Regional Finance Business Partner at Maersk Line Northern Europe) | 07-05-2015
I’ve been talking a lot about why finance business partners are the new black in Finance lately. Every transformation effort in the finance function is aimed at empowering these guys and gals...
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How Finance Can Become An Analytics Powerhouse

Posted by
Anders Liu-Lindberg
Title: Regional Finance Business Partner
Company: Maersk Line Northern Europe
LinkedIn Profile
(Regional Finance Business Partner at Maersk Line Northern Europe) | 06-20-2015
The Finance function is undergoing a rapid change like everything else in business. In order to maintain its relevance, not only as a stand-alone function, but also as a part of the business it...
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Why Accountants Are A Threatened Species

Posted by
Anders Liu-Lindberg
Title: Regional Finance Business Partner
Company: Maersk Line Northern Europe
LinkedIn Profile
(Regional Finance Business Partner at Maersk Line Northern Europe) | 06-13-2015
First of all I have nothing against accountants and once or twice I have been called one myself. However, in today’s business environment and with the current trends in Finance as described in...
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Trusted Advisor is About the Work, Not the Title

Posted by
Joanie Mann
Title: Principal Consultant
Company: Cooper Mann Consulting
LinkedIn Profile
(Principal Consultant at Cooper Mann Consulting) | 06-05-2015
Trusted Advisor is About the Work, Not the Title Many accounting professionals believe they are THE trusted advisor the client comes to for advice and guidance on business financial matters. ...
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Relationship Building with Auditors: It is Well Worth Your Time

Posted by
Ernie Humphrey CTP
Title: CFO
Company: Function Form Staging & Design
LinkedIn Profile
(CFO at Function Form Staging & Design) | 04-22-2015
In an audit relationship a two-way street of learning can make the audit process much less painful for both parties. Conversations among practitioners often consist of complaining about how auditors...
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Top 5 Things All Successful Business Owners Do Regularly

Posted by
Doug Sleeter
Title: President
Company: The Sleeter Group, Inc.
(President at The Sleeter Group, Inc.) | 02-23-2015
Running a successful business is no easy feat. Planning and projecting will only get you so far, and after a while, you’ll need to grow, learn and adapt in order to achieve continued success....
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Partnerships: Do They Work?

Posted by
Doug Sleeter
Title: President
Company: The Sleeter Group, Inc.
(President at The Sleeter Group, Inc.) | 02-19-2015
From time to time, practitioners ask me my opinion about partnerships – specifically, should they enter into a partnership arrangement with another CPA or accountant? I think there are...
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Business Technology That You Can Use from CES

Posted by
Doug Sleeter
Title: President
Company: The Sleeter Group, Inc.
(President at The Sleeter Group, Inc.) | 02-11-2015
What technology that impacts QuickBooks and small business did you miss from the reporting at the annual Consumer Electronic Show (CES)? There are plenty of reports on virtual reality goggles,...
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IFAC Updates Code of Ethics

Posted by
Curtis Verschoor
Title: CEO
Company: C. C. Verschoor & Associates
(CEO at C. C. Verschoor & Associates) | 02-09-2015
By Curtis C. Verschoor, CMA, CPA The International Ethics Standards Board for Accountants (IESBA) is updating its Code of Ethics to provide more guidance for professional accountants in business. One...
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Are Bookkeepers Becoming Obsolete?

Posted by
Doug Sleeter
Title: President
Company: The Sleeter Group, Inc.
(President at The Sleeter Group, Inc.) | 02-03-2015
It’s the argument I’ve been hearing my whole life.  Will machines replace people?  And now with the proliferation of cloud accounting software, our industry is asking, “...
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Understand QuickBooks FIFO Costing Before Making the Switch

Posted by
Doug Sleeter
Title: President
Company: The Sleeter Group, Inc.
(President at The Sleeter Group, Inc.) | 02-02-2015
About a year ago I had an Enterprise client come to me stating that her QuickBooks file ”had to be corrupt.” The information she was pulling up wasn’t correct, in her mind, and she...
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