How Can Businesses Improve Account Reconciliation Processes?

Reconciling accounts is a neglected yet critical control activity that plays a crucial role in ensuring the financial integrity of an organization. Inefficiencies and weaknesses in the process can lead to errors on the balance sheet and inaccuracies in your financial reports.

Ensuring account reconciliation accuracy is increasingly important since the introduction of Sarbanes-Oxley and other similar regulations and rules. The need for reconciliation accuracy and reporting has become so important that any material error in the quarterly or yearly SEC report can make the company have to refile or explain their actions, which can be a costly and time-consuming process for a company.

Emerging Market Vs Developed World: Who’s The Better Performer?

It won’t be wrong if said that the availability of the products depends upon the stability of market.  Even it also has a direct effect on the ongoing costs of the commodities in the society. To be precise, a part of the world’s progress depends upon the development, growth and stability of the market. Hence it becomes mandatory to keep a close watch upon the status of the market.

Why Your Company Needs Its Own Definition of Quality

At my company, we define quality as doing what we say we’ll do. That’s it.

Many vendors in our industry make promises they don’t keep, so this quality statement makes sense for us. It tells our clients what to expect and sets a high standard for our employees and managers.

What New Businesses Often Forget They Need When Starting

In this exciting internet age, it often seems like starting a small business has never been easier. But you need a lot more than a website and a payment processing plan to begin to market your product. New business owners have a tendency to overlook the practical things. Don't forget these important steps, because they could land you in hot water.

Starting a Business? 7 Ways to Advertise Your New Company

Starting a business can be expensive, which means that you may not have as much money as you'd like to divert to advertising efforts. Before you start throwing money out for commercials and advertisements, take some time to figure out the most effective ways of advertising your brand new business so that you can have the biggest impact.

1. Directory Listings
Online directors such as Yelp, Google Places, Foursquare and SuperPages are great places to start spreading the word about your business. Some online directories are free while others you'll have to pay for. If a directory is popular and has a proven track record of being truly effective, don't be afraid to pay to have your company listed.

Business Bankruptcy - Options for Small Business Owners Facing Bankruptcy

Deciding to embark upon entrepreneurship is a brave endeavor considering that many new businesses do not make it past the first year before they crash or run out of money. Coming to terms with the reality that your small business is close to bankruptcy is a devastating experience, however it is one that a large majority of entrepreneurs eventually must face. Nevertheless, if you lack the cash to cover expenses, and revenues are falling, it may be an option that you cannot avoid. However, there are some options you can try before you actually file in court that can buy you time and give you a glimmer of hope for saving your business. If you aren’t ready to surrender, read on for a few ideas alternatives you can try before you actually file for bankruptcy.

Is Employee Health Insurance Changing for Your Small Business?

The words Obamacare and health insurance can strike fear (or at least confusion) into the hearts of small business owners.

It can be tough to sort through what you need to know about offering health insurance to your employees.

The 4 Things Your Business Needs to Be Doing to Remain Competitive

One out of four businesses will lose its competitive ranking over the next three years due to lack of digital business competence, the technology market research firm Gartner predicts. The main pitfall? Viewing technology as falling under the exclusive domain of IT. Companies will get blindsided as their more visionary competitors adopt disruptive new technologies that enable them to meet the needs of today's mobile-oriented consumer. If you want to stay competitive in the coming years, start getting savvy about the technology your competition is using.

Earn Your Money Back: 5 Business Tax Credits You Should Be Claiming

If you’re considering a start-up business (or already have one well established), you should be aware of the possible tax credits you could claim on next year’s tax return. Every small business will be affected differently, so make sure you know how each credit will apply to your business’ finances specifically.

Are You Willing to Educate Your Employees?

While it's more common for large, established companies to offer their employees tuition assistance, some small businesses do, too.

Tuition reimbursement programs aren't just for the benefit of the employee; the employer may also benefit greatly, as well.

Now, why would a small business even want to offer tuition reimbursement and carry on that added expense?

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