Abrigo
APRIL 13, 2017
In addition, the Small Business Administration notes that a lack of available cash or an inaccurate cash flow analysis can affect loan eligibility, which means businesses encounter additional obstacles to growing. Business owners don’t have to imagine the stress that this kind of tight situation can add to operating a business.
Abrigo
SEPTEMBER 26, 2017
Automated solutions can produce the tax returns so CPAs have more time to suggest tax-planning strategies. For example, automated solutions can handle more of the general ledger accounting so accountants have time to identify rising accounts receivable and then make suggestions to the business owner on how to reduce receivables.
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Abrigo
SEPTEMBER 1, 2017
As blockchain technology starts to take front stage, as tax technology and cloud computing and other pieces of technology are doing what an accountant has typically done, our need to provide differentiated services is increasing, and is increasing dramatically,” according to Hylan of The Growth Partnership. Searching for additional tools?
Abrigo
JUNE 15, 2017
By examining the credits and debits (for payroll, loan or tax payments, supplies purchased or other expenses) within business deposit/savings accounts, JPMorgan Institute determined each business’s cash buffer. “A large share of small businesses in the U.S. Review sources of incoming cash and list all of the one-time and recurring outflows.
Abrigo
MAY 23, 2017
While some believe the fear mongering is overdone, many firms in the accounting profession are nonetheless seeking to move from the kind of backward-looking compliance work (such as tax preparation and auditing) that is increasingly automated. Experts offer numerous tips.
Abrigo
JUNE 14, 2017
When software performs the basic analysis (which removes much of the tedious double-checking) and also enables users to write a customizable report while working through the income, market or asset approaches, it creates a greater capacity for the valuation professional.
Abrigo
MARCH 29, 2017
Since leaving public accounting, she has been an internal auditor, a tax preparer and a controller. This technology and the resulting analytics focus the auditor while performing analysis more quickly and accurately, but even so, artificial intelligence (AI) and technology will never replace human judgment.
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