by Rachel Shvalb | Jul 25, 2023 | Bookkeeping Services, CFO Services
Risk management has become indispensable for organizations of all sizes and industries in today’s ever-evolving and unpredictable business landscape. Whether it’s a natural disaster, financial volatility, cyber threats, or even pandemics, businesses face...
by Rachel Shvalb | Mar 10, 2023 | Bookkeeping Services
Credit card reconciliation is essential to ensure accurate financial records and prevent business fraud. It involves comparing the balance on a credit card statement to the proportions in an individual or company’s accounting records, verifying that all credits...
by Rachel Shvalb | Feb 27, 2023 | Bookkeeping Services, Budgeting
When it comes to assessing the financial health of an entity or organization, there are two main processes: a financial review and an audit. So what is a financial review vs. an audit? A financial review is often used as a first step to evaluate the accuracy and...
by Rachel Shvalb | Jan 12, 2023 | Bookkeeping Services
Accurate financial records are essential for companies to make informed decisions about their future. The closing process in accounting is the set of procedures used to finalize all accounts for the reporting period and prepare financial statements so that companies...
by Rachel Shvalb | Aug 10, 2022 | Bookkeeping Services
What does a bookkeeper do for a small business? Bookkeepers play an important role in small businesses. They are responsible for keeping financial records accurate and up to date, which includes recording all income and expenses, as well as reconciling bank...
by Rachel Shvalb | Mar 25, 2022 | Accounting Services, Bookkeeping Services
If you’re starting a business, you need to understand the difference between accounting and bookkeeping. Both are important in any business, but they serve different purposes. Here’s a quick overview of the two: Accounting is the process of recording, classifying,...
