“And just remember, every dollar we spend on outsourcing is spent on U.S. goods or invested back in the U.S. market. That’s accounting.” Arthur Laffer – American economistIntroductionIt doesn't matter if you're an SMB or a larger enterprise, managing business finances can be a bind. But, you can hand the time-consuming responsibility to a professional [...]
“…It’s in society’s best interests to have the most output produced with the least inputs.” Warren Buffet – Investor and world’s wealthiest man Introduction "May you live in interesting times," was a curse. Now, times have never been more interesting - and exciting. Industries, including finance, are evolving at a rate of knots. AI is [...]
“Accounting is the language of business.” – Warren Buffett Introduction Exciting trends are expected in 2024, but it's not all plain sailing. The biggest challenges in 2024 include cash flow, tax and regulatory changes, and cybersecurity. More below. Financial Reporting: Compliance Changes & New Accounting Standards Generally Accepted Accounting Principles (GAAP) and International Financial Reporting [...]
We live in a fast-paced world, where lawyers must deliver winning results yesterday. There's pressure to win cases, increase billable hours, and ensure client satisfaction. Clio provides Legal Calendaring and other management software that helps lawyers manage their tasks to ensure important meetings and other milestones are always met. 1- Legal Calendaring [...]
8 Ways Clio Enhances Client Engagement for Law Firms Clio's legal software enables lawyers to optimize several business processes to make their firm's operations more efficient and generate increased revenue. One of the most important areas of law firm management is client engagement. Clio Grow provides a robust platform from which lawyers can engage [...]
In this insightful interview with Matt Lescault of Lescault and Walderman, he reflects on the company's achievements over the past year, including the strategic acquisitions in South Africa and the states, emphasizing the partnership with Sage. Matt discusses the challenges faced during these acquisitions, the lessons learned, and the company's proactive approach to the [...]
“It’s going to be interesting to see how society deals with artificial intelligence, but it will definitely be cool.” - Colin Angle Introduction Time is a precious resource not to be wasted. Yet, a lot is wasted on manual tasks, keeping accountants from their jobs. Artificial Intelligence (AI) has swept in and changed that [...]
“Accountants are dynamic, interesting, highly intelligent, hard-working individuals.” - Alexa Loo (CPA, CA) Introduction For some, accountancy has may been perceived as something of a dry subject; essential but not exciting. Those days are gone as the field has undergone a dramatic revolution. These days, with big data all around, accountants have shifted from [...]
“We're so complex; we're mysteries to ourselves; we're difficult to each other. And then storytelling reminds us we're all the same.” - Brad Pitt Introduction Let us take a deep dive into the role of Data Storytelling in finance. We will explore the transformative narratives that intertwine with numbers, making complex data accessible and [...]
The advance of technology is based on making it fit in so that you don't really even notice it, so it's part of everyday life. - Bill Gates - Co-founder of Microsoft Introduction Strategic synergy is the key goal when we think about the success of effective accounting. This synergy comes from balancing the automation [...]
