5 Ways to Get the Most from Goal-Setting (and Goal Achievement)
Most leaders acknowledge the value of setting goals and measuring their progress. But many of those same leaders complain of not setting the ‘right’ goals OR say they have trouble…
Most leaders acknowledge the value of setting goals and measuring their progress. But many of those same leaders complain of not setting the ‘right’ goals OR say they have trouble…
In a world of digital financial networks and online commerce, the risks of cyber fraud are greatly increased. What is cyber fraud? Cyber fraud is criminal activity that either targets…
All businesses should carefully monitor their cash position. Healthy cash reserves enable investment in growth, allow distributions to owners or - for some businesses - can be a matter of…
Employing remote workers presents additional challenges related to financial controls. Managers and employees may not believe they are at risk but studies by the Association of Certified Fraud Examiners show companies with fewer than…
One expense that can grow out of control in many businesses is Information Technology (IT). Tweaking investment in IT increases performance and profitability and sometimes major cutbacks are necessary. Either…
All businesses should review their expenses periodically. Prudent expense management helps ensure that valuable cash resources are used wisely. And sometimes, a business may NEED TO reduce expenses as a…
An important responsibility of leaders is figuring out how to fund business operations and growth plans. In the best case, a business will generate enough cash for operations, growth, and…
Key Performance Indicators (KPI‘s) are important management tools and we encourage business leaders to use KPI’s in their businesses.What is a KPI?A KPI is quantifiable measurement or metric which helps track…
As Accountants, we hope our Clients never face a business crisis… but we also know that business is unpredictable and factors beyond our control can leave a business in dire…
Let’s start with a definition of Bad Debt. Bad Debt is an amount of money a creditor must write off after a debtor defaults. Understanding and incurring bad debt is…