Blog

Back to the basics - Respect and Inclusion in the Workplace

Our topic for today is Back to the Basics - Respect and Inclusion in the Workplace. As you know, our workforces are becoming more multi-generational and multicultural now more than ever. It's important that we have the tools that we need on the job to succeed in ensuring that we have an inclusive culture and that everyone feels truly accepted and respected in the workplace.

Topics: Diversity and Inclusion

Why Record Keeping Is So Important

 

A company’s financial statements tell the story of a business. The income statement will provide you a story of the present-day state of affairs.

While the balance sheet provides you with a historical picture of the assets, liabilities, and equity over the lifespan of the business.  Record keeping plays a significant role in providing the supporting details to paint the full picture of the story.

Topics: Bookkeeping Advice Accounting procedures

Month end close process checklist

 

Are You Ready for Year End?

The end of the year is upon us and for small business owners it is an important time of the year.  Review this list to see if you are ready.

Topics: Bookkeeping Best practices Accounting procedures Accounting

Moving Beyond Our Unconscious Biases

 

Studies show that on average, Americans take in about 34 gigabytes of data each day.  Amazing right! That’s about 11.8 hours of information daily.

Now consider how much of that information received is biased to begin with.

Topics: Diversity and Inclusion

What does your month end close process consist of?

Why monthly bank reconciliation is imperative

In today’s business environment, knowing how much cash your business has readily available is critical to the success of your organization.  This starts with the bank reconciliation, which enables effective cash flow management.

Bank reconciliations compare a company’s records to their bank records, which authenticates cash activity.  The bank statement is the source document issued by your bank confirming cash movement for a specific time period.

Topics: Bookkeeping Business Advice Accounting procedures Accounting Methodology Cash Flow Management Accounting