Author Posts: Mike

Financial Automation Research Technology

What are Financial Shared Services?

Since the mid-80s, Ford, Whirlpool, Intel, General Electric, and many other large corporations have been successfully using shared service centers...

Research

Make Reconciliation Easier with Free Accounting Reconciliation Templates

Reconciliation is one of the most important processes in accounting. It’s how we determine that the numbers are right. Standardizing...

Accounting Reconciliation Research

What is Credit Card Reconciliation and How to Do One?

The world was already on the way to going cashless, and the COVID-19 pandemic accelerated that. When we were all...

Research

Why Integrity in Accounting is Essential

When engineers and architects design a building or a bridge, the components must hold together as an integral whole to...

Accounting Workflow Beyond the Close Company News

Working Smarter, Not Harder with Accounting Workflow Automation

One of the best things about building software today is how rapidly a product can evolve. Here at FloQast, we...

Research

IFRS vs. GAAP: What’s the difference?

The underlying accounting rule that debits must equal credits applies around the world, but precisely how those debits and credits...

Research

What is Petty Cash Management?

Even though we’re quickly moving towards a cashless economy, there are still times when a business needs a small amount...

Research

How to Reconcile Petty Cash

Debit cards and smartphones are quickly becoming the favorite ways for the younger generations to pay for things, but even...

Accounting Financial Auditing Research

What is a Financial Audit Statement? Definition & How to

Working with the former accountants now working at FloQast, we decided to take a look at some of the pillars...

Accounting Research

What is Cost Allocation? Definition & Process

Working with the former accountants now working at FloQast, we decided to take a look at some of the pillars...