Managers recognize accounting as the language of business. Accounting is a means of providing information about an organization's financial performance. The role of accounting is not just limited to ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. All companies are required to complete some level of ...

Shortly after we had started our consulting firm, Whitestone Partners, we began an engagement with a home healthcare business. As we do in almost all of our engagements, we asked to see the company's ...

As the Covid-19 pandemic continues to roil the economy, one issue that remains top of mind for decision makers is labor. First, companies are dealing with a shortage of qualified employees. Then there ...

Let’s set the scene. A privately held company’s longtime controller gives notice. With only one other accounting person on staff, the owner is left scrambling for a fix until a new controller can be ...

Many businesses use some form of management accounting, whose functions include budgets, cost allocation methods and cost-volume-profit or break-even analysis. Strategic management accounting goes ...

The impact of AI on accounting has been real and rapid. That said, it hasn’t been the disruptive force it’s made out to be in ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. For the last few years, the murmurs have been growing. The ...

Opinions expressed by Entrepreneur contributors are their own. Shortly after we had started our consulting firm, Whitestone Partners, we began an engagement with a home healthcare business. As we do ...