In-House Accounting Vs. Outsourcing

There are multiple studies out there that point to the same statistic that small business owners rank their accountants as their most important puzzle pieces in their businesses. With accountants, success is limited. Accountants can do so much more than IT managers, lawyers, bankers, and other kinds of staff, though there are unfortunately many business…

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Business Effective Business Processes

Effective Business Processes

Definition of business processes: Business processes are the activities and the procedures used in the organization to accomplish certain tasks. It involves evaluation of the functions, processes, components and the interactions among them to create desired results. It’s crucial to take into account the process while planning, executing and managing a business enterprise. The process…

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Accounting Accounting Process Basics

Accounting Process Basics

Accounting is the scientific process of recording financial trade of a business. It also involves preparing and keeping the financial statements and accounts receivable of a company. The accounting procedure involves assessing, summarizing, and reporting all of these transactions to regulatory agencies, government agencies, and accountants. An accountant can be considered by most businesses as…

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