The last few years have put accountants to the test. They had to quickly pivot to help small business owners navigate several challenges, such as new laws and regulations, hiring shortages, inflation, ...

Balancing the tasks of crunching numbers and managing client expectations reflects the average day of accounting firms. While handling financial transactions is their main function, there's always a ...

DRAPER, Utah--(BUSINESS WIRE)--Canopy, the leading cloud-based practice management platform for accounting professionals, today announced its $35M Series BB, led by Ten Coves Capital along with ...

The work of accounting firms is taxing and often overwhelming. With the numbers they need to crunch, it's surprising they can handle the stress while staying on top of their workload. Now, there's no ...

Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

Whether your accounting firm should dictate what software a client will use depends on the context of your services and their ...

Several major retailers in the U.S. use a century-old accounting practice known as “the retail inventory method,” which relies on retail prices to estimate inventory, even though it fails to take full ...

Risk is inherent in any business activity, including the sale of a CPA practice. From the seller’s perspective, minimizing risk in the process of marketing and negotiating a CPA practice sale should ...

The fact is that establishing a foothold in India, China, Eastern Europe, South Africa, or the Philippines takes time and effort, and even large firms find the undertaking challenging. Of the more ...