Tag: Strategic Accounting

Strategic business planning can feel overwhelming at times. You know it’s essential, but figuring out where to start can be tricky, especially when daily responsibilities keep pulling your focus elsewhere. But when you do it Read More

Profitability can be a difficult metric to measure in any industry, but owners of professional services businesses face an added challenge: underestimating the cost of uncompensated time. Time as a Product In professional services businesses, Read More

Running a successful manufacturing business requires so many things to go right, from navigating hiring shortages and global supply chain logistics to market forecasting and the challenges of digital transformation. When your business is growing, Read More

Manufacturing businesses typically operate on narrow margins, complicated by inventory challenges and material costs over which they have little control. It’s an environment in which a thorough understanding of the true cost of the products Read More

At Kirsch CPA, the foundation of our success is a dedicated and passionate team.  We are happy to announce that Kirsch CPA is a finalist for Greater Cincinnati’s Best Places to Work award. This is Read More

Many small and mid-size business owners think they are getting the monthly financials they need to make good decisions and maintain a source of transparency into the health of their business. However, there is a Read More

Growing a business is complicated, and success can be derailed by an uncountable number of fluctuating circumstances. Even so, there are certainties. One of them is this: the more visibility you have into the financial Read More

It’s easy to understand why lending institutions and investors often require financial statements that comply with the standards of generally accepted accounting principles (GAAP). GAAP-compliant financial statements provide a level of transparency and reliability that Read More

Solid cash flow forecasting and management practices are fundamental to robust financial health and strategic decision-making, but they’re often overlooked or shortchanged, especially in periods of sales growth. That can lead to missed opportunities and Read More

A nonprofit's finance committee oversees and keeps its board of directors apprised of the organization's overall financial health. This should be more than simply scanning financial reports. An active finance committee is crucial to maintain Read More