Archive | January, 2019

Construction Industry Best Practices in Internal Controls

Construction industry has a high transaction rate and the transaction amounts are pretty high as well. So it is safe to assume that frauds in construction accounting can lead to big losses. While these losses are not unheard of, it is best to avoid any misdoings at all costs. With the current economic situation, people […]

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The New Way to Manage Your Restaurant Accounts is Outsourcing

Managing a restaurant business is definitely not the easiest of tasks. There are many things that you need to take care of including managing the kitchen, keeping a track of delivery orders, greeting your customers and the list goes on. On top of it all, if you need to sit with a pen and calculator […]

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The Basics of Construction Accounting

Accounting procedures and practices differ according to the type of business and practices adopted by organizations across sectors. In the construction industry, firms and contractors face unique challenges when it comes to accounting, as accounting for construction sector is different from the regular accounting practices. Construction industry does not have any fixed business structure with […]

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Cost of Accounting Outsourcing Service for Small Businesses

Most entrepreneurs start their business with a passion to sell their product or service. Everything else involved in a business comes afterwards. When the firm is in its nascent stage, a company can afford to spend time on its core activities while multitasking with its non-core activities. However, as a company starts growing, it should […]

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