Updated : Feb 22, 2018 in Finance Accounting

Accounting Software Can Be Sophisticated Or Simple But Rarely Both

Accounting software is a system of recording financial transactions on a computer across a full range of accounting options almost invariably dependent upon the size of business being catered for. Financial software can vary from a several million pound solution for major public companies to simple managed lists of income…

Updated : Feb 09, 2018 in Finance Accounting

Non-Profit Financial Systems – Lessons Learned and Best Practices

Non-Profit finance and accounting in many ways, is much more difficult than for-profit accounting. Accounting for items such as grants, restricted funds, and in-kind donations all add complexity. There are unique GAAP rules for non-profits that vary if you are a government not for profit, or a private nonprofit. The…

Updated : Feb 06, 2018 in Finance Accounting

How the Finance and Accounting Process Is Transforming?

The chief financial officers and business owners, nowadays, look beyond cost reduction. Their focus is on developing new revenue streams for their business. They want to make a significant improvement in their performance metrics, while lowering down the inefficiencies. Consecutively, they look to address regulations and mitigate allied financial risks…