3 Ways to Modernize Your Accounting Services

modernize accounting services

It is 2020, and the world is all about using technology to make life easier. For accounting firms, this means making everything easy and intuitive for your clients. In today’s climate, clients will gladly move on to the next CPA if your services are too complicated. So, how can you modernize your accounting services to […]

Why Blockchain Security Is Important for Accounting Firms

blockchain security

Blockchain is brimming with potential. From hedge funds to forecasting to supply chains, blockchain is making waves in dozens of varying industries, revolutionizing how information is stored and shared. The world of accounting is no exception. Blockchain presents the accounting industry with the technology to provide unprecedented levels of efficiency, clarity, and most importantly security. […]

Three Tips for Performing a Breakeven Analysis

break-even analysis

As a new business owner, one of the things you will have to do is a break-even analysis. A break-even analysis will predict when your business will earn enough revenue to cover the expenses. For an accurate analysis, you will need to predict what your costs and profits will be. Here are some tips to […]

How You Can Protect Shareholder Data

protect shareholder data concept.

In the world of big data and advanced hacking, protecting your client’s data is more important than ever. Let’s take a look at a few ways you can mitigate your shareholders’ risks when it comes to their data by keeping it as protected as possible. Proper Channels When users are exchanging data however large, it […]

Audit Trails: What You Need to Know

entrepreneurs examining audit trail.

An audit trail is a comprehensive, chronological record of business transactions with evidence that traces each activity back to its source. These records are used to verify the accuracy and validity of data pertaining to things like trades, company spending, and source of funds. Information to Include in Audit Records An audit record or event should […]

How the Tax Extension Affects You & Your Clients

covid 19 tax delay

Due to the COVID-19 pandemic that has swept the nation, the tax deadline has been pushed back July 15th. What does this mean for your clients? How will this affect your work? Fear not. We’ve got the answers you’re looking for. More Time Doesn’t Mean Less Busy The most obvious symptom of this pushback is […]

Three Ways Blockchain Technology Can Help your Accounting Firm

blockchain accounting

As blockchain technology continues to disrupt the financial industry, many accounting firms are gearing up for the changes that this technology is bringing about. As such, they are investing their resources to incorporate it into their business models in order to improve how they store, record, and share data. As a technology that’s based on […]