Fifty-nine percent of US companies and 66 percent of Canadian businesses are still reconciling their general ledger accounts manually, according to a new report from Robert Half and the Financial Executives Research Foundation.
While many of today's CFOs have taken the usual finance stepping-stones toward their executive roles, they believe tomorrow's CFOs will need new experiences and key skills to meet the evolving needs of business, according to a new report.
The August 2 report from the Bureau of Labor Statistics showing that US unemployment fell and 162,000 jobs were added in July was positive, especially on the heels of news that second-quarter GDP grew at an annual rate of 1.7 percent.
Nearly nine out of ten New Jersey CPAs expect their businesses to grow in 2014, while more than half say their firms are performing better now than at this time last year, according to a recent Capital One Bank survey.
In boardrooms across the country, finance executives share a common question: Will he stay or will he go? All eyes are on Ben Bernanke amid speculation that he will cede the top spot at the Federal Reserve.
According to Sageworks latest "Private Company Report" released May 28, private companies in the United States continued to grow at a healthy pace and experienced strong profit margins in the most recent period.
If you think automation is primarily being used to reconcile the general ledger accounts of public and private companies, think again. Nearly two-thirds of finance departments in US companies and one-half in Canadian companies are still using a manual accounting system.
Business confidence has grown in the United States, according to new research from ACCA and IMA®. However, businesses are not yet in a position to take advantage of better trading conditions and easier access to financing.
Global spending on finance and accounting business process outsourcing (F&A BPO) services will exceed $25 billion in 2013 and rise at an annual compound growth rate of 8 percent through 2017, according to research by accounting firm KPMG and HfS Research.
Private companies in the United States grew sales by approximately 9.7 percent in the period ended February 2013, about the same as in the period ended January 2013 and close to the 10.1 percent growth seen one year ago.
A survey conducted by Bill.com of corporate financial executives shows a shift toward mobile money management. Two-thirds of respondents reported they now process at least some of their financial transactions on mobile devices.
Applying for a business loan can be intimidating and stressful, and it can be confusing to have an application rejected with little explanation. There are steps company executives can take to avoid some of the possible confusion and to develop a more positive experience while applying for a business loan.
Private companies in the United States continued to grow sales and expand their net profit margins in the period ending in January 2013. Private company credit risk also appears to be improving, with the average private company's likelihood of default currently standing around 3 percent.
For your small business owner clients, signing a personal guarantee has become standard practice as part of the commercial loan approval process. While this is often the price of doing business, what does a personal guarantee really mean?
If one of your clients recently applied for business credit and was rejected, he or she isn't alone. Learn five ways you can help a client whose business credit application was denied. A recent survey of banks and asset-based lenders found they had turned down more than a third of all businesses' applications for loans, according to Pepperdine University's 2013 Capital Markets Report.
There are many things to consider when starting a new business, and money management probably tops the list. Get started on the right foot with these five money management tips provided by guest writer Bert Doerhoff.