Tag: Financial reporting

Accounting

How to Create a Profit & Loss Statement: Free Template

What Is a Profit and Loss Statement? (and How to Create One) Most business owners understand they need to track income...

Customer Stories

How Sage Intacct and FloQast Streamlined This Accounting Team’s Close and Helped Established Audit Readiness

At FloQast, we pride ourselves on working with users in their preferred manner. Over the years, it’s become clear that...

Accounting

What Is Double-Entry Bookkeeping? An In-Depth Look at One of the Pillars of Accounting

Double-entry bookkeeping – as the name implies – means that every business transaction is entered twice in the accounting records.  Wait,...

Accounting Audit Readiness

Closing Strong: Best Practices for a Streamlined, Effective Year-End Close

And just like that, it’s that time of year again. The presents are (mostly) wrapped, holiday plans are (somewhat) solidified,...

Audit Readiness

What Is a Virtual Audit and How Are They Done? An In-Depth Look

Hi! My name is Andy Stefan, and I'm an Account Executive here at FloQast. Before joining the team as a...

Accounting

What Is Cost of Goods Sold (COGS) in Accounting?

Have you ever laid in bed at night and had trouble falling asleep because you didn’t know the answer to...

Accounting

What Is a Trial Balance vs. Balance Sheet? An In-Depth Look

Every business – from the solo freelance graphic artist to the Fortune 500 global company – relies on the same...

Customer Stories

FloQast Cures Pharmaceutical Company’s Accounting Headaches

Ironwood Pharmaceuticals is, first and foremost, a medical company. While it is accustomed to making a profound difference in the...

Accounting Month End Close

4 Best Practices for a Better Month-End Close in the New Year

For the longest time, the close was seen as a necessity — an evil process that required long hours and...

Accounting

The Impact of Recent Legislation on Accountants and Auditors

Ever-changing regulations, both domestically and abroad, place a burden on accountants and auditors.  Audit firms feel the strain of balancing resources...