Firm News & Updates

Introduction Business owners often encounter a perplexing scenario where their financial statements and tax returns report different income figures. This disparity, far from being an error, stems from distinct accounting principles and tax regulations governing each...

Listen to The Agency Hour podcast, Balancing the Books: A Guide to Agency Financial Health and Staff Engagement with Kira Wissman of our CAS team by clicking here.

Introduction Benchmarking is a powerful tool that allows businesses to gauge their performance against industry standards or competitors. By comparing key metrics and processes, companies can identify areas of improvement, strategize for better performance, and...

Implementing Key Performance Indicators (KPIs) in a service-based business involves a strategic approach to ensure they are effectively integrated into daily operations and long-term planning. Here's a step-by-step guide on how to implement these KPIs: Step 1:...

Introduction In the competitive landscape of service-based businesses, tracking the right Key Performance Indicators (KPIs) is crucial for success. KPIs provide measurable values that help businesses gauge their performance against their strategic goals. For...

Introduction In today's dynamic business environment, financial modeling has become an indispensable tool for decision-making. It enables businesses to analyze various scenarios, forecast future financial performance, and make informed strategic choices. Developing...

Introduction Effective fiscal planning is crucial for any organization aiming for sustainable, profitable growth. The core of this strategic planning lies in developing a comprehensive fiscal budget. However, the process, often spearheaded by employees within a...

Introduction In the realm of business accounting, two primary methods stand out: cash accounting and accrual accounting. Each method has its unique approach to recording transactions, impacting how a business’s financial health is depicted. This blog aims to demystify...

Introduction Business owners often encounter a perplexing scenario where their financial statements and tax returns report different income figures. This disparity, far from being an error, stems from distinct accounting principles and tax regulations governing each...

Introduction In the ever-evolving landscape of business finance, maintaining a productive banking relationship is crucial for success. However, there comes a time when changing your business’s banking partner may be necessary. This blog delves into the critical...