News

All companies are required to complete some level of accounting; however, not all companies require the same level of detail or sophistication. We tend to see businesses use the terms bookkeeper, ...
Many businesses use some form of management accounting, whose functions include budgets, cost allocation methods and cost-volume-profit or break-even analysis. Strategic management accounting goes ...
Shortly after we had started our consulting firm, Whitestone Partners, we began an engagement with a home healthcare business. As we do in almost all of our engagements, we asked to see the company's ...
Starting a business often requires entrepreneurs to understand and complete a variety of business functions. An important business function when starting a small business is accounting. Although many ...
As the Covid-19 pandemic continues to roil the economy, one issue that remains top of mind for decision makers is labor. First, companies are dealing with a shortage of qualified employees. Then there ...
Agility and efficiency are pillars of accounting. Like any foundational element, they can crack, leaving your organization’s accounting functions exposed, convoluted, outdated or even inoperable.
Gov. Bill Haslam this week signed a little-noticed executive order that puts control of financial accounting for three state departments in the Department of Finance and Administration. Executive ...