Mergers and acquisitions describe the process by which companies consolidate their assets through various financial transactions. These transactions include mergers, acquisitions, consolidations, assets purchases, management acquisitions, and corporate restructuring.
What is the Difference Between an Accountant and a Controller?
Structuring your company’s accounting infrastructure is always a challenge, no matter your size or success level. One of the questions companies often find themselves asking is about the differences between controllers and accountants. Controllers and accountants are closely related, but the main difference between the two roles is the level of oversight controllers provide to […]
What Is Cash Flow Analysis?
Increasing your cash flow is essential for your company, no matter the industry. However, to increase your cash flow, you need to devise a tested, effective cash flow analysis strategy. But what is cash flow analysis and how does it improve this vital aspect of any business? Cash flow analysis involves more than just monitoring […]
How to Choose an Outsourced Accounting Firm
Choosing an outsourced accounting firm can bring your company many advantages. However, once you decide to outsource accounting, you need to ensure the prospective firm can deliver those benefits as promised. This blog discusses what you should consider when hiring an outsourced accounting firm. To ensure you take advantage of all the benefits these companies […]
What Are the Differences Between Benchmarking and KPIs?
Benchmarking and KPIs are both methods of determining a business’s financial performance and they can help gauge a company’s financial and operational performance while identifying future strategic initiatives. However, many people ask whether benchmarks and KPIs are the same thing. While they have similarities, they measure separate things. These KPIs can often be automated, but […]
What Is eCommerce Accounting?
Regardless of where you are in your eCommerce business, bookkeeping and accounting are two of the most critical determinants for your long-term success. Without a solid eCommerce bookkeeping and accounting system in place, things can quickly go awry. Unclear tax laws and exciting growth possibilities afforded by the internet are just a few reasons why […]
Outsourced Accounting Misconceptions
Outsourced accounting comes with a lot of preconceived notions. After all, outsourcing any part of your business comes with inherent risks. You need to know you can trust who you’re outsourcing to and what they can offer. However, as this blog shows, many of these preconceived notions are simply misunderstood. While outsourced accounting is relatively […]
What is Cash Flow and Why is it Important?
We here at Fully Accountable can sum up the importance of cash flow with one statistic: 82% of businesses that fail do so because of cash flow issues. Care about cash flow yet? This article discusses the reasons why cash flow is critical to any business looking to afloat. Cash flow gives you critical expense […]
Do you Outsource Accounting for a Startup?
You’re a startup owner. Did you start your business to perform tedious bookkeeping tasks and constantly worry about training your new hires? No. You started your company because you care about your products and services and how they help your customers. Maybe you want a yacht along the way. Whatever your reasoning, you didn’t sign […]
8 Warning Signs Your Business Needs Outsourced Accounting
As a small business owner, you need to make sure your finances are in check at all times, especially when you’re trying to grow. One accounting misstep can cause severe repercussions. You may not always notice when your accounting is at risk. However, these warning signs will quickly tell you when you need to consider […]
Benefits of Outsourced Accounting
Congratulations, you’ve either started a new business, or you’ve been in business for a while. Either way, you’re winning. However, running a business comes with managing a team, it can be hard to keep up with all of the elements it takes to keep everything afloat. It can be especially difficult when it comes down […]
What is Big Data & What Does it Mean?
What Is Big Data? The term “big data” may confuse some. It can mean many things. And that’s fitting considering so many businesses, nonprofit organizations, and government agencies want to use it for their benefit. However, when you take a closer look at big data, it’s essentially large data sets that require a scalable infrastructure […]