Vegemite is like nothing else on the planet. Australians love it. They’ve written songs about it. It has its own national holiday. In fact, it’s so celebrated down under that it was the first product on the continent to be electronically scanned at a grocery checkout...
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Why You Need to Know the Difference Between Profit & Cash Flow
Business owners seem to be in a constant search for one number to tell them if their company is doing well or not. We get it. You’re busy and would much rather spend your energy doing whatever it is you do instead of staring at numbers on a spreadsheet. Having one...
3 Ways to Manage Receipts and Save Your Business Money
When it comes to managing your business, you deal with a lot of reports in order to stay on top of your financial situation. While all of them are valuable, receipts are some of the most important paperwork you need to keep up with on a day-to-day basis.
Is Your Business Ready for a Part-Time CFO?
Assuming that you’re doing things right in your business (and assuming that COVID hasn’t completely shut you down!), sooner or later your business is going to grow. 2020 may have thrown a wrench into things, but growth is bound to happen if you are providing...
4 Simple Accounting Mistakes That Are Costing Your Business Money
Every dollar is precious. It is a well-earned certificate of thanks for a job well done from each and every customer you have served. You simply can’t afford to throw away any of them! But every time you make one of these accounting blunders, that’s exactly what...
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Entry-Level Accounting Positions: How To Start Your Career On The Right Foot
Attention, job seekers! Are you interested in the best way to secure entry-level accounting positions? Then this post is for you. We’ll explore what hiring managers are looking for, what a good starting salary would be, what kind of experience you need (or don’t...
Operating Lease vs Finance Lease: How New Rules Will Affect Your Small Business
In an earlier post on new lease accounting standards and how they can impact your business, we discussed a couple of different types of leases. Because most business owners are involved with renting some type of property or equipment regularly, we thought it might be...
9 Types of Accounting Jobs To Consider If You’re Looking For An Interesting Career
If you’re wondering what types of accounting jobs are available to college grads and job seekers with accounting degrees, you’ve come to the right place. We’re a CPA firm that’s been around a while (40 years and counting), so we’ve seen a thing or two. One thing we...
How Farm Bookkeeping Can Sow Seeds of Success In Your Ag Business
Farm bookkeeping isn’t exactly like bookkeeping for ordinary businesses. In the “non-ag” world, tracking transactions is fairly straightforward. But on the farm, things move at a different pace. The physical aspects of running a successful farm are tough enough....
New Lease Accounting Standards (And How They Can Impact Your Business)
Many businesses are involved with some type of leasing or rent-to-own transactions. Some lease property while others lease equipment to run their operations. Others are the ones leasing those things out to others as a source of revenue. New lease accounting...