Posts Tagged ‘Business’
Robotic Process Automation and the Future of Accounting
Accountants have relied on calculators for over a century, underlining the important of technology’s role in reducing errors and streamlining financial reporting. So, it’s no surprise that the advancement of technology is trending towards a virtual workforce. As progressive software and robots trickle their way into our daily lives, the reality is setting in that…
Read MoreLitigation and the Role of a Forensic Accountant
Attorneys across the globe turn to forensic accountants and their expertise to assist in their efforts as they navigate their clients’ legal disputes and potential litigation. Often called upon either before litigation or during litigation, forensic accountants are tasked with the role of lending their specialized understanding and knowledge of financial issues as they relate…
Read MoreUnderstanding the EU’s Recent GDPR
On May 25th, the European Union (EU) began enforcing the General Data Protection Regulation (GDPR), creating a new primary law that regulates the way in which companies protect EU citizens’ personal and private data. In doing so, the EU regained a better stronghold on the control of citizens’ data as well as offered assurances that…
Read MoreShould My Small Business Be Valued?
Business valuations have garnered the reputation of being primarily for large corporations looking to sell, mergers and acquisitions, or for start-ups seeking funding. The process of ascertaining the economic value of an organization is complex and often complicated, which can deter small business owners from taking it into consideration at all. Additionally, a large portion…
Read More8 Things to Know About Business Valuations
From asset values to income values and from market competition to knowing your company’s worth, getting a business valuation is beneficial for a wide variety of reasons. Business owners often get caught up in the day-to-day of running their company and neglect to look at their organization from a different perspective. In fact, far too…
Read MoreTax Preparation for a Smooth Tax Filing Season
Mark Twain once said, “I shall never use profanity except in discussing house rent and taxes.” Expletives aside, paying taxes is stressful to everybody, no matter what specific financial situation one might find themselves in. Almost always met with frustration, stress, and scrambling, tax filing season is something that everyone dreads. The majority of the…
Read MoreBusiness Resolutions for a Profitable 2018
Statistics say that 80 percent of New Year’s resolutions fail by mid-February. Sure, personal goals can often be the most challenging of any objectives. But what about in the business world? Does the act of creating New Year’s objectives apply to companies? If you’re like the majority of business owners, you have likely begun strategizing…
Read MoreFinancial Intelligence This Holiday Season
Holiday spending, and overspending, is something that everyone can relate to in one way or another. In the era of e-commerce, the foundation for record-breaking expenditures has been paved with the click of a button. This holiday season, Deloitte predicts holiday sales to exceed $1 trillion from November through January. A stabilizing economy means that…
Read More9 Common Valuation Mistakes to Avoid
Sitting down in a classroom and learning about business valuations is seemingly straightforward. Crunching the numbers on things like required rate of return and valuation ratios are relatively easy to ascertain. Understanding the intricacies and complexities associated with business valuations, however, is often misrepresented in school courses and textbooks. Even the most seasoned of valuation…
Read MoreTop 10 Things You Should Know About Divorce
Contrary to popular belief, the commonly repeated “fact” that half of all marriages in the United States end in divorce is only loosely true. In fact, divorce rates have actually slowed over the last couple of decades, giving reassuring hope to many who are down on the concept of marriage. While this is encouraging news,…
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