article thumbnail

Specializing an Accounting Business: What and How?

PANALITIX

Specializing an Accounting Business: . Accountants are increasingly specializing in response to the commoditization of ‘traditional’ accounting services. Accountants are increasingly specializing in response to the commoditization of ‘traditional’ accounting services. Management accounting. Cost Accounting.

Account 130
article thumbnail

Accountant Vs. Controller: What's the difference?

Basis 365

Structuring your accounting infrastructure can be daunting, no matter how big or successful your company is. Companies often ask about the differences between accountants and controllers. Although the roles are different, they are integral to any accounting team. What is an accountant? What is a Controller?

Account 97
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Accountancy websites don’t stand out from the competition

Accounting Insight

Almost three quarters of accountancy firms’ websites (72%) do not stand out positively from the competition, according to new research from Moneypenny and specialist marketing agency PracticeWeb. Additionally, the majority (86%) rank average or less for how contactable they are.

Account 52
article thumbnail

Effectively Leveraging Accounting for Financial Planning Strategy

CPA Practice

Most small businesses lack the capacity for a financial planning and analysis (FP&A) function, but that doesn’t mean they can’t build analytical and strategic value from their accounting resources. Often, an accountant or controller dedicates a portion of their time to budgeting and modeling – at best.

Account 52
article thumbnail

Industry Accounting Salary Outlook for 2023 is Not Horrible

Going Concern

Of the four roles with base pay that is expected to be lower in 2023, two of them are C-level positions: chief accounting officer and CFO. Staff accountant, Big 4 experience. Senior accountant. Accounting supervisor. Accounting manager. Accounting manager, Big 4 experience. Accounting director.

article thumbnail

Monday Morning Accounting News Brief: Tax Fees Up, Coolness Still Down; | ‘Lavish’ ERC Mill Hit With a Lawsuit | 1.8.24

Going Concern

The headline is a bit disappointing however the article is not: Tax prep fees are rising because accounting is not a ‘cool’ career American taxpayers had to pay at least 20% more on average to get their taxes done last year — and accountants aren’t thrilled about it either. This eclipses the 4.2%

Tax 104
article thumbnail

Learn When Your Should Outsource Your Accounting

xendoo

Should you focus on growing your core business or continue to focus on the administrative side, like managing your accounting and bookkeeping needs? Outsource accounting services can help you stay up-to-date on your books, compliant with regulations, and firmly in control of your company’s financial future. Forensic accounting.

Account 98