Accurate, relevant and timely financial information is key to making good decisions for not-for-profit executives and board members. But do all of your board me...
How to Upgrade Your Board’s Financial Skills
Should Your Nonprofit Consider Using Fund Accounting?
Nov 25, 2024Depending on the nature of your not-for-profit organization, there’s more than one accounting method to follow. One option is fund accounting, which promo...
Don’t Let Profit Fade Impact Your Construction Firm’s Annual Results
Oct 14, 2024A gradual decline in expected gross profits over the course of a project is known as “profit fade.” It not only undermines the financial performance...
How a Budget Can Contribute to Your Success
Sep 30, 2024One reason many people disdain the budgeting process is that they associate budgets with restraint — that is, not spending money for something because it̵...
How To Choose the Best Inventory Accounting Method for Your Manufacturing Company
Aug 26, 2024Your choice of accounting method for determining the value of your manufacturing company’s inventory can significantly impact your overall tax bill. Here ...
Avoiding the Mistakes Manufacturing Growth Can Hide
Aug 21, 2024Running a successful manufacturing business requires so many things to go right, from navigating hiring shortages and global supply chain logistics to market fo...
Cash Flow Management for Construction Businesses
Aug 07, 2024Construction companies have always faced challenges when it comes to cash flow. The difficulty largely springs from the often-lengthy gaps between winning proje...
How to Protect Your Business from Payroll Fraud Schemes
Aug 06, 2024Payroll fraud is a threat to any business that pays employees or contractors. Unfortunately, this type of financial crime can go undetected for months — even ...
Forecasting Your Nonprofit’s Financial Future
Aug 05, 2024Have you seen the forecast? No, not the weather forecast — but your not-for-profit’s financial forecast. Financial forecasting is critical to any organi...
Get a Handle on Working Capital
Jun 24, 2024Working capital management is a top priority for businesses today. Consulting firm The Hackett Group’s 2023 Working Capital Survey reports that many compa...