Wed.Apr 14, 2021

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The Interview Before the Fraud Interview

RogerRossmeisl

When Anna, the CEO of a small manufacturing company, received an anonymous report about fraud in the accounting department, she wasn’t sure how to act. After all, the complaint could be accurate, but there was also a chance that it wasn’t. She called her company’s attorney, who recommended a forensic accountant to investigate. He also suggested that she perform some preliminary interviews to gather facts — but to be careful not to interrogate employees.

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Cash Flow Management for eCommerce: 4 Tips for Smooth Sailing

xendoo

Editor’s Note: This post was originally published in February 2017 and has been revamped and updated for accuracy and comprehensiveness. . Cash flow is a measure of your business’s liquidity and ability to pay its debts from sales revenue. Cash flow management can be one of the most challenging aspects of being an online business owner. Your business can be profitable but still have a negative cash flow because profit calculation takes into account assets like inventory that you can’t use

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What Is a W-4 Form, and What Is It Used for?

Patriot Software

When you hire an employee, you need to have them fill out new hire paperwork. One form you must have new employees fill out and keep in your records is Form W-4. So, what is a W-4 form? What is the purpose of Form W-4? Read on to find out the answers to these W-4 […] READ MORE.

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9 Ways for Franchisees to Outrun the Competition

xendoo

Editor’s Note: This post was originally published in October 2017 and has been updated for accuracy and comprehensiveness. As we’ve seen, there are a ton of fantastic, low-cost franchise opportunities out there that will give you a lot of advantages in starting up your new business. As a franchisee, you’ll still have the independence of owning your own business and being your own boss, but you’ll gain the name recognition, volume pricing agreements, and support services of an established b

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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Advisory Board vs. Board of Directors: Does My Nonprofit Need an Advisory Board?

GrowthForceBlog

8 min read. As any Nonprofit Executive Director knows, an effective board and your organization’s success go hand in hand.

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Stock Market Conundrum

Withum

My previous blog suggested that new ways of investing are needed to be considered because of the very low-interest rates. Here is a continuation of that discussion.

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Why You Should Outsource Your Online Bookkeeping Services

xendoo

It’s common for a business owner to want to save money on outsourcing bookkeeping services and do it themselves thinking, What can go wrong… it’s just data entry!?” But, it’s all too common to make novice mistakes that can cost you a lot of time and money. Plus, your financials become more complex as your business grows – more expenses, and ideally more income!

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Voiding Checks in a Prior Period

SchoolofBookkeeping

When you reconcile your bank account you may notice that there are old entries lingering around that you need to review for clean up. In fact when bank reconciliations are done monthly you should take a hard look at these. Read More. The post Voiding Checks in a Prior Period appeared first on schoolofbookkeeping.com - Learn bookkeeping, accounting, QuickBooks, financial statements, and more.

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IRS Rules on Qualified Business under Section 1202

Withum

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