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GrowthForce Blog

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What's the Difference Between a Financial Controller and a CFO?

5 min read In a business, the chief financial officer (CFO) and controller work closely together. However, their roles differ quite a lot.

The Pros and Cons of Accrual Accounting for Your Business

8 min read It’s not uncommon for business owners to be unaware of the different methods of accounting (and how they can actually serve your business in ...

How Do I Know If My Business Needs A Financial Controller?

7 min read Running a successful business is no simple feat. You not only need to be an expert in whatever it is you do, but also in operating a business.

The Difference Between Cost Accounting and Management Accounting

5 min read Spoiler alert: Both cost accounting and management accounting are intended for internal use by business leaders. Smart leaders use it to ...

Cost Analysis: Outsourcing vs. In-House Accounting for Your Business

5 min read How much does it cost to hire an in-house bookkeeper, accountant, or controller? How much does an outsourced accounting department cost? Which ...

Is Poorly Managed Accounts Payable Hurting Your Bottom Line?

6 min read You know by now that accounts payable is more than just “paying the bills”.

Engineering Firms Do Not Build An Inefficient Back Office

5 min read We know how technical you are. The details are critical. While you might have a grip on the kind of bookkeeping and accounting practices your ...