The Financial Edge
Revolutionizing Accounting Reports
How do small accounting firms network? How important is communication? How do you use reporting to improve communication?
Eight Ways to Prevent Client Churn for CPAs
As businesses enter a new year, many are looking to grow their clientele. However, before...
Overcoming Accounting Startup Challenges
With more and more accountants striking out on their own, here are a few things you should consider as you begin your firm.
5 Steps for Meaningful Financial Reporting
Quality financial reporting is vital to help point your client in the right direction. By ensuring your reports are meaningful and measurable, you are showing your knowledge of your client’s company, its current situation, and its goals.
Why Accountant are Critical for Success
People are leaving their jobs in droves in search of their own promised land. During this great exodus, the need for accountants rises, creating opportunities for accountants who see the signs.
Overcoming Common Financial Worries
As an accountant, you understand the fear that many business owners face when it comes to their...
Avoiding Growth Pitfalls for Accountants
Congratulations! Your accounting firm is growing! You are no longer a small mom-and-pop business...
How Accountants Evolve into Trusted Advisors
Your clients are wisely searching for the right financial professional who can help them unlock...
Financial Reports that Make a Difference
The Problem Dave Carlson, President and Chief Operating Officer of Summit Technology As President...
How to Streamline Financial Reporting
Contributing factors to Accounting stress Today's business structures make financial and...
How to Analyze Financial Reports
Have you ever forgotten the "Why" of Financial Reporting and Analysis? As you sit at your desk and...
Adapting to the Future of Accounting
Accounting is at a defining moment. With businesses looking for more than just end-of-month statements, IT has stepped up their AI efforts, while accountants are improving their deliverables and communications.
Who will succeed?
How to Communicate Financials to Clients
Not everyone thinks financial statements, spreadsheets, and numbers are exciting. I know, weird,...
Understanding GAAP Accounting Principles
Accounting Principles Accounting Principles, commonly known as GAAP, are an essential aspect of...
Who to Choose, Accountant or Advisor?
“Ladies and gentlemen, welcome to the main event. In this corner, weighing in at 225 pounds and...
How Accountants are Getting More Clients
As Director of Technology, I implement and create best practices for tech delivery to our clients. I was instrumental in getting the structure and templates set up within Reach Reporting to support our team with financial dashboards and reports they provide their clients.
QuickBooks Removed Fathom. What Do I Do?
Fathom HQ has been part of the QuickBooks Online Advanced reporting package since October 2018. With Fathoms’ Smart Reporting free offer ending soon, the question most users are having is why?
How to Improve Client Confidence
So let’s chat about how the proper Financial Reporting can give your clients the lightbulb moment and raise their confidence in their business finances.
Reach Reporting Connects to Gusto
NEWS RELEASE FOR IMMEDIATE RELEASE Reach Reporting and Gusto Partner to Deliver Enhanced Reporting...
How to Create a Management Report
More than Financial Numbers Today’s business leaders are no longer satisfied with pure numbers....
How to Increase Efficiency & Grow
Helping Clients Achieve Financial Goals Duncan Lloyd, the Executive Director of...
Essential Traits of Successful Accountants
What makes a person genuinely good at what they do? What are those essential traits they possess to help them raise the bar in their profession? We all possess different characteristics and talents that make us unique.
The Importance of Effective Communication
Effective communication between an accountant and their client is the key to a successful partnership. Without it, all the numbers and data are useless.
How Accounts Balance Work & Life
There have been far too many times in my own life when I would go into work at 4:00 am to go home at 10:00 pm and go into my home office to work some more, only to do it all again in 3 more hours. I was not checking to make sure my business and life books were balanced, and I began resenting every day and becoming a person people avoided.
How to Calculate Net Profit Margin
Net profit margin (NPM)is defined as the percentage of revenue left over once all expenses (this includes but is not limited to operating expenses, interest, taxes, and specific stock dividends) are deducted from a company’s total revenue.
Understanding the Cash Conversion Cycle
The cash conversion cycle (CCC), also sometimes referred to as Cash Cycle or as the Net Operating Cycle, measures the time it takes for a businesses’ investments to become sales and then into revenue.
How Much Do Accountants Make?
The faux pas of discussing money and salaries is out the door for this article. Whether we like it or not, money, and in turn salaries, are a BIG deciding factor in what career we study for, where we live, what jobs we accept, and how we live each day.
Understanding Average Revenue Per Customer (ARPC): A Key Metric for Growth
Just as the name suggests, ARPC is the average revenue generated from each customer per month. A company may also choose to calculate per quarter or year.
How to Enhance Financial Reports
Financial reporting is SO much more than raw data in a spreadsheet. It is the story of your client’s business. A well-constructed financial report gives your client all the relevant information they need to make prudent financial decisions in a digestible, easy-to-understand form.
6 Degrees to Combine with Accounting
Before you get into accounting, or even if you are already years into your career, you may want to consider adding any of these six degrees to your accounting degree to give you the edge.
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