Cutting Corners on Your Books: Why Cheap Financial Fuel Crashes Businesses
Would you use inferior gas in an airplane? Of course not. You would never risk your family’s safety by fueling a plane with bargain-bin gas just to save a few pennies. Yet, many business owners do exactly this with their companies. Specifically, cutting corners on bookkeeping is the business equivalent of filling your tank with […]
The Value of Executive Oversight: How Senior Tax Accountants Add Extra Assurance
Recently, I reviewed a client’s file who believed their previous bookkeeper was doing a “great job” simply because they reconciled the bank account. However, upon deeper inspection, we found thousands of dollars in misclassified assets and missed deductions. In fact, this situation highlights a critical gap in many small businesses: the lack of executive oversight. […]