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5 Key Parameters to Help You Choose an Accounting Outsourcing Firm

Businesses need an accounting firm to manage their financial accounts, bookkeeping, tax planning, and employee payrolls. While there are a plethora of accounting firms specializing in particular aspects of accounting rules, as mandated by the government and the banking authorities, businesses depend on accountants and or accounting firms for several financial requirements. This article will […]

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Impact of Technology on Finance & Accounting

For nearly ten years now, technology has been developing at a rapid speed. New devices, apps, and games have been developed, and social media is now used by the world’s businesses and or brands to promote products and to target customers. Just like other fields and industries, the financial services industry is where professionals keep […]

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7 Strategic Accounting Tips for the Success of Your Startup

Congratulations on starting your startup! Not all great ideas see the light of day, but your dream has turned into a reality. You have the product, the human resources and the marketing skills to ensure that your company takes the market by storm. There is, however, one major aspect that you need to address – […]

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Outsource Accounts Receivable Services to Manage Your Business in a Better Way

Accounts Receivables or AR can be explained as the dues from the credit customers or the clients. If you are not receiving your payments on time, then what you need is an efficient system that will help you get it done without wasting your time. And we have just what you are looking for. There […]

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Finance & Accounting – Profit from Outsourced Accounting Services

To achieve success in business, we have to not only ensure that our existing customers are retained but also make concerted efforts to expand our horizons to acquire new customers. The bottom line for every business is profits, and we need to assess the contribution of each business function to the business profitability. One of […]

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The New Revenue Recognition Standard

For almost all entities barring a few like financial institutions, revenue is the largest single figure in the financial statements. The figure ascertains an entity’s financial performance and position. While it might be accepted that profit is generally considered the most important single pointer of corporate financial performance, revenue does not fall far behind. The […]

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The Pros and Cons of Outsourcing Accounting Functions

Accounting is a requirement for all companies across industries. Therefore, hiring a in-house accounts personnel is a common practice. However, there is another alternative that most companies fail to consider due to misconceptions and other priorities. Outsourcing accounting tasks is a possibility worth considering. But is it the perfect match for you? Let us see […]

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Restaurant Accounting: How It’s Different!

If you are a restaurant owner, or a prospective accountant exploring various career avenues, you may have wondered how restaurant accounting might be different from other forms of accounting. It’s all relative and similarly structured in the full verse of accounting. However, there are key differences that diversify the field of accounting as per various […]

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Budget – The Key to Business Profitability

Every business needs to have a revenue target which they need to fulfill within a given time frame. There may be deviations from the path to achieving the objective, but eventually, we can attain the goal if we have a specific plan. The path or road map that we need is a budget, and it […]

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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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