When a company’s profit margins aren’t at expected levels, a variety of factors can be at play. Profit margins are generally a measure of business efficiency, and if the numbers fall short of projections, the solution will generally involve reducing costs, increasing sales or both. Businesses must also assess why profit margins are below expectations so that they can make focused and effective corrections.
Assessing accounting technology doesn't require a PhD in Information Tech and or a CPA license. Here are our top 4.
One of the first questions typically asked when a prospective new client approaches us about taking over their.
ACCOUNTING IN THE AGE OF AUTOMATION AND AI:EXPLORING POSSIBILITIES, OPPORTUNITIES & CHALLENGES IN ACCOUNTING TODAY
Budgeting and forecasting allow a business to plan accurately for its fiscal year. Below are 10 ways to improve.
(photo of AccountingDepartment.com's Representative, Luke, Speaking at the 2019 West Coast SBDC Summit)
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While not everyone has the opportunity to study accounting, a CEO needs to possess knowledge of all aspects of a.