Firm News & Updates
How to Implement Key Performance Indicators (KPIs)
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:...
Identifying the Best Key Performance Indicators (KPIs) for Service-Based Businesses
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...
Mastering Financial Modeling: A Guide to Analyzing Business Scenarios
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...
Navigating Budgeting Challenges: Strategies for Effective Fiscal Planning in Organizations
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...
Understanding the Key Differences Between Cash and Accrual Accounting Methods
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...
Decoding the Differences: Why Business Financial Statements and Tax Returns Reflect Divergent Incomes
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...
Navigating the Decision to Change Your Business Banking Relationship: Key Considerations
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...
Fundamentals of Accounting and Reporting for Non-Financial Executives
Listen to the latest episode of The Business Creators' Radio Show, hosted by Adam Hommey. In this episode Adam is joined by Kira Wissman of KWC's CAS team. Kira discusses accounting and reporting for non-financial executives. Listen to the podcast by clicking here.
Projecting Your Cash Flow with Chris Mannina
Listen to the latest podcast episode of the podcast "Tax Rep Network with Eric Green". Eric is joined this week by CAS team member Chris Mannina where they discuss why cash flow projections are so critical to a business for both planning and understanding where you...
Improve Your Financial Month End Close Process
As a CEO or CFO, you know that a successful financial month end close process is essential for the smooth functioning of your business. However, you also know that it can be a time-consuming and error-prone process if not handled correctly. In this blog post, we will...