Miles Talent Hub provides an innovative alternative to outsourcing for BDO Alliance USA member firms
Schedule a call with G-Squared Partners today to learn how our services can impact your business’s journey toward financial security and operational efficiency. Understanding your business’s precise needs, whether that’s basic bookkeeping, sophisticated budgeting, or strategic financial advice, is crucial for a more accurate cost estimate. As an example, the price of an outsourced CFO […]
Startup Bookkeeping: What New Business Owners Need To Know 2023
Would you like to start paying off debt and escaping the trap of high-interest loans? A personal budget will provide a roadmap of what you’re permitted to spend so that you’ll meet your financial goals. It doesn’t make any difference whether you’re looking to set a family budget or are a college student worried about […]
Accounts Receivable Factoring: What is Factoring Receivables?
In short, accounts receivable automation software streamlines the entire collections process and accelerates cash flow. AR factoring also enables companies to be in more control during the loan process compared to bank lending. And if the loan requires the company to submit collaterals and recurring payments, it will negatively impact cash flow. For cash-strapped businesses […]
Managerial Accounting Definition, Objectives & Techniques
Along with overhead costs, managerial accountants use direct costs to assess the cost of goods sold and inventory that may be in different stages of production. Managerial accounting master’s degrees feature a blend of core accounting courses and advanced managerial accounting courses. Most accounting master’s programs feature core courses in accounting theory, internet technology, accounting […]
Revenue Definition, Formula, Example, Role in Financial Statements
Let’s examine several GAAP revenue recognition principles and ASC 606 revenue recognition examples in more detail. The old guidance was industry-specific, which created a system of fragmented policies. The updated revenue recognition standard is industry-neutral and, therefore, more transparent. It allows for improved comparability of financial statements with standardized revenue recognition practices across multiple industries. […]
