Will Your Business Processes Take You Where You Want To Go?

Feb 14, 2020 | Consulting

Your organization should have clearly defined business goals. If it does not, well, that’s an article for another day. For now, let’s assume that it does. The question then becomes: “Will your business processes take you to where you want your organization to go?”...

Key Technology Trends in Accounting to Watch Out For in 2020

Jan 31, 2020 | Audit

Technology advances continue to reshape industries and businesses – and the accounting industry is no exception. So far, a lot of repetitive tasks are performed with the help of advanced hardware and software. Even for businesses that do not like change, many find...

LIFO Versus FIFO and How Each Method Values Inventory

Dec 6, 2019 | Tax

As the name implies, First-In, First-Out (FIFO) is a way for companies to value their inventory. The first items put into inventory or produced by the company are accordingly the first taken out of inventory or transferred to customers and therefore expensed. When it...