Managers recognize accounting as the language of business. Accounting is a means of providing information about an organization's financial performance. The role of accounting is not just limited to ...

Many businesses use some form of management accounting, whose functions include budgets, cost allocation methods and cost-volume-profit or break-even analysis. Strategic management accounting goes ...

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Shortly after we had started our consulting firm, Whitestone Partners, we began an engagement with a home healthcare business. As we do in almost all of our engagements, we asked to see the company's ...

Agility and efficiency are pillars of accounting. Like any foundational element, they can crack, leaving your organization’s accounting functions exposed, convoluted, outdated or even inoperable.

Q: What's the definition of an accountant? A: Someone who solves a problem you didn't know you had in a way you don't understand. Okay, so maybe that's not entirely fair. But as with most humor ...

After 35 years in the accounting and finance industry, I don’t necessarily need a crystal ball to know what the future holds—though it would be handy. In 2024 and beyond, there is one trend I predict ...