Reminder: Profits and cash flow aren’t the same
A solid understanding of the differences between profits and cash flow can help your business avoid cash shortfalls.
IT strategy showdown: Enterprise architecture vs. Agile
Business owners: Does your company have a well-defined IT strategy? Here’s a look at two broad approaches: enterprise architecture and Agile.
Cutoffs: When to report revenue and expenses
Does your company follow the cutoff rules? Loose interpretation of the accounting rules can lead to errors and unexpected audit adjustments. Here’s how to get it right.
Are your nonprofit board meetings as focused as they could be?
Good planning is critical to keeping nonprofit board meetings short and effective. This starts with a detailed agenda that includes timetables and assignments. Learn more.
Businesses must stay on guard against invoice fraud
Business owners: If you’re not worried about invoice fraud, you should be. At least one recent survey indicates it’s disturbingly common.
Could CRM software help your construction business?
Construction business owners: Have you ever considered using customer relationship management software? Here are some reasons you may want to.
When your nonprofit’s debt-financed income is subject to tax
Much nonprofit investment income isn’t taxable, but there are exceptions. These include income from certain debt-financed property (generally, real estate). Here’s what you need to know.
Strong internal controls and audits can help safeguard against data breaches
Has your company experienced a data breach recently? As cyberattacks become more common and costlier, they’re getting more attention from external auditors.
Which leadership skills are essential to strategic planning?
Business owners: Do you and your leadership team have what it takes to succeed at strategic planning? Here are five key skills to develop.
What contractors should know about the IRA’s PWA requirements
Construction businesses that work on clean energy projects may have some great opportunities ahead. Here’s a look at the substantial tax incentives involved.
Welcome charitable pledges — and account for them properly
Your nonprofit may prefer donations (or immediate support) to pledges, which are usually promises to donate in the future. But if you do receive pledges, make sure to account for them properly.
6 key elements of a business budget
Business owners: If you’ve been using the same budgeting process and format for years, maybe it’s time for an upgrade. Here are some ideas.