Category: Accounting

Accounting

Best Practices for Accounting Teams When Working Remote — According to Former Accountants

Well, here we are. With most of the world on some sort of quarantine as a precaution to the further...

Accounting

Accounting 2020: Questions, Concerns, and Areas of Focus for Accountants in a New Decade

As we are embarking on the start of a new decade, one thing is certain, the accounting profession will continue...

Accounting

Impacting the Audit: How Close Management Software Can Change How You Work With Auditors

Audits used to be a painful process. All that documentation. Lists upon lists of papers requested by the audit team....

Accounting

Trends in Accounting: Disruptive Technology Provides New Potential for Accounting Teams

As companies rapidly progress through busy season and the year-end close, many accounting professionals are planning to put what they’ve...

Accounting

Ready for a New ERP? How NetSuite Partners Can Make Data Migration Simple

So, you’ve chosen Oracle’s NetSuite as your new ERP system. Now what? There are a lot of moving parts in...

Accounting

5 Excel Shortcuts Every Accountant Needs to Know

One of my earliest memories from my first job in public accounting was having to analyze data in an enormous,...

Research

Auditing the Audit: The Negative Effects of an External Audit

Some organizations consider an external audit of the business’s financial statements as merely a requirement to comply with grant agreements,...

Accounting Horror Stories

The Sheer Audacity of Bernie Madoff

'Twas the night before Christmas, and all through the house, a crook was at work, he had gasoline to douse....

Accounting

What Private Companies Need to Know About Lease Accounting Under ASC 842

In July, the Financial Accounting Standards Board (FASB) voted to delay the effective date of some of its major accounting...

Accounting Horror Stories

The WorldCom Fraud That Changed Everything

With Jack-o'-lanterns in place and faux-cobwebs sprinkled liberally around the office, FloQast is feeling particularly spooky these days. To really...