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    What are the Risks of Inaccurate Financial Reporting?

    Your financial reports include your Profit & Loss Statement (also called your Income Statement), Balance Sheet, and Statement of Cash Flow. Those reports are pulled directly from your general ledger in your ...

    Why Work Remotely with an Outsourced Accounting Provider?

    Many small and medium businesses are turning to outsourced bookkeeping, accounting and controller services. Advancements in technology have made it ...

    What is Management Reporting and How Much Does it Cost?

    When hiring an accounting service, you should look for one that starts with “the end in mind.” Hiring someone for only bookkeeping and accounting will ...

    Three Reasons Nonprofits are Turning to Outsourced Bookkeeping

    Nonprofit organizations provide our communities with many useful and oftentimes life-saving services. Nonprofits tend to focus on their mission rather ...

    Red Flags That Prompt An IRS Audit For Small Business

    While small business audits are less common than those for both individuals and larger corporations, studies indicate audit rates are on the rise, and ...

    Reading a Balance Sheet: Liabilities in a Small Business

    Much like how a company’s assets are broken down into subcategories, liabilities are segmented as well. Usually, liabilities are divided into two major ...

    Reading a Balance Sheet Part 2: Intangible Assets

    As you move further down a balance sheet, there are additional assets that are recorded in certain situations. Moving past line items such as cash and ...