3 Accounting Traps Draining Every Professional Services Firm
TL;DR: The three most damaging accounting traps for professional services firms are WIP mismanagement, under-billing, and delayed invoicing. Together, they can erase 5–10% of annua...
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TL;DR: The three most damaging accounting traps for professional services firms are WIP mismanagement, under-billing, and delayed invoicing. Together, they can erase 5–10% of annua...
TL;DR: Revenue alone doesn't tell you whether a professional services firm is profitable. The KPIs that matter most—utilization rate, realization rate, profit per engagement, and c...
TL;DR: Poor time and billing accuracy for professional services firms is a significant—and often invisible—profit drain. According to Certinia, the average professional services fi...
CAS can become one of your firm's best growth levers, but only if you build it right. Here's a process to make that happen. The post How to Provide Profitable Client Accounting Ser...
Kerper Bowron LLC filed U.S. and international patent applications for the Kerper-Bowron Method of forecasting liabilities for warranties and service contracts.
You're down to two accounting firms. Both checked out on paper. Both interviewed well. And yet, you're still here, tabs open, second-guessing. Because hiring an accounting firm isn...
The 'one-times-revenue' era is over. Today's buyers are paying for durable, transferable cash flow.
Are you ready to calculate your firm's net adjusted EBITDA?
Client expectations are evolving, and the firms that succeed will be those that adapt accordingly.
Professional services such as accounting, law and consulting depend on relationships, credibility and specialist knowledge. Marketing for The post Professional Services Marketing S...
Financial records influence almost every major business decision. They reveal how much cash the company holds, where expenses are increasing, The post How to Choose the Right Accou...
How firms are working to solve the latest iteration of the pipeline problem
If things continue at this pace, it won't be surprising if CPA firms have a 40-to-one agent-to-human ratio in the near future and need a new operating model.
Accounting firms have been fielding offers from a growing number of private equity investors as PE money continues to pour into the accounting sector.
Mark Maurer / Wall Street Journal: AI is forcing consulting firms to shift from hourly billing to fixed-fee or outcome-based pricing, a transition proving slow and difficult for th...
Accounting for HOA management is the backbone of every well-run association. For this article, we brought in Braedon Hebert, CPA and co-founder of LeapAP, an accounts payable autom...
Healthcare organizations have enough to manage without spending hours chasing invoices, checking payments, or fixing financial records. That’s why some […] Magellan Solutions - Cal...
Rapid turnover among accounting employees could be a sign of future financial reporting problems, according to a new study.
TL;DR: Postponing accounting process improvements doesn't just create inefficiencies—it generates compounding financial, operational, and strategic costs that can quietly erode bus...
TL;DR: Outsourced accounting helps government contractors maintain audit-ready financials by ensuring accurate records, DCAA compliance, and proper cost segregation—without the ove...
KayEss Square is now Northbound Advisors, and is raising to acquire 8 to 10 smaller firms, all served through a proprietary AI platform built on eight years of client work.
I need help completing and e-filing Form 3 with the Registrar of Companies so that my LLP Agreement properly reflects an Amendment of business activities. No alterations to partner...
Quick answer: Growing companies are choosing outsourced accounting because it offers scalable, accurate, and strategic financial management at a lower cost than building an in-hous...
Accountants are justly proud to be the economy's "most trusted advisor," but if you're doing just what you've always done, then that trust you've developed is at risk.
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