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Thought Leadership from the Leaders in Virtual Accounting and Bookkeeping Services
7, May
2021

The Duties of a Controller - Do you need one?

What does a controller do? A controller is a professional who manages the accounting functions of a company. This is the professional who makes sure that the company ledgers are accurate and correct. A controller also supervises the recording of a business's finances.

Services handled by a controller include accounting team management, inventory accounting, revenue recognition, establishing formal financial procedures, and month-end close. A controller does not only work with an accounting team, they also work with the company's senior management and finance team. They use complex financial data to offer insights to stakeholders. A good controller is a skilled communicator and liaison for all of the objectives and goals of a business. You may think of a controller as a chief financial officer.

6, May
2021

Free Cash Flow Explained

Free cash flow is a business's thermometer. It measures the financial performance of a business. Specifically, it.

4, May
2021

Your Balance Sheet and Income Statement are Not the Same

When it comes to your balance sheet vs income statement, they are not the same. There is a difference. While both will.

1, May
2021

Everything you need to know about Account Reconciliation

Entrepreneurs, small business owners, and CEOs of large corporations are all responsible for monitoring an.

26, April
2021

Basic Financial Statements That Anyone Should Know

Although individual financial statements each provide different snapshots of financial health, all financial reports.

22, April
2021

Understanding Inventory Assets

To understand inventory assets, you first have to know what an inventory asset is. An inventory asset is a product that.

 
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