Fully Accountable Blog

Tips to Improving Your Accounting Methods (2022)
Effective accounting methods can result in increased profit margins. Poor accounting methods, on the other hand, will leave you flopping like a fish out of water. The choice is yours, but it’s an ongoing process that requires continuous analysis and care You might be...

7 Accounting Trends That Are Here to Stay
In the constantly evolving world of finance and business, it's imperative to keep up with the times and harness the power of the latest trends. Accounting, a cornerstone of the business world, has seen monumental shifts in recent years, with new technologies and...

Tax Reduction Plans for Small Businesses In 2025
The mercurial business landscape of the 2020s shows no signs of slowing down in 2025 and the businesses that adapt to this changing atmosphere will be the ones that achieve the most success. Though there are many variables out of a business’s control, there is one...

Cash Flow Tax Planning: Improving Your Cash Flow Through Your Tax Planning
The importance of cash flow for a business’s sustained financial success cannot be overstated. Positive cash flow affects daily operations, proper cash flow management, payroll, and the overall financial health of your business. Without it, businesses that would...

End of Year Tax Planning Tips for Small Businesses
According to the IRS, taxpayers left 1.3 billion dollars of unclaimed tax money on the table in 2021. That’s money that could be used to funnel back into your small business. As the end of the year approaches, it’s important to consider how much you can save simply by...

End-of -Year Tax Deductions for E-Commerce Companies
E-commerce companies face numerous tax deductions that can be beneficial in a rapidly changing tax environment. Since the Supreme Court's South Dakota vs. Wayfair decision, 43 states now tax e-commerce sales, and the industry must prepare for further tax nexus...

What Is an M & A Advisory Firm?
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 a Fractional CFO?
Financial tasks can be overwhelming for small or growing businesses. Procedures, reporting, and forecasting can often feel like a bad dream. A fractional chief financial officer (CFO), or Fractionalized CFO, can help you respond to these problems and more, ensuring...

Controller vs. Accountant: Differences, Similarities, and Why You Need Both
The corporate controller vs controller debate often arises in large organizations. A corporate controller manages financial strategy across multiple departments, whereas a general controller focuses on internal accounting operations. Structuring your company’s...

What Are the Differences Between Benchmarking and KPIs?
Understanding KPI and benchmarking is essential for businesses looking to improve performance and efficiency. While KPIs track internal progress, benchmarking helps compare performance against industry standards. Benchmarks and KPIs are both methods of determining a...