For years, finance leaders invested heavily in reducing the delay between business activity and managerial awareness. Those efforts were largely successful, and information now moves through organizations faster than ever. Yet, decision quality has not always improved at the same…
For much of the past 20 years, sophistication in finance could be reduced to a single metric: days to close. A five-day close signaled order. A three-day close suggested unusual discipline. Boards asked for it. Sponsors benchmarked it. Audit committees…
CFOs face a tax environment that seems to grow heavier each year, and many are quietly reconsidering how the work is organized. This column looks at why older models struggle to keep pace with current demands and how a blended…
There’s a strange stillness as one starts to fill out a tax return. It doesn’t resemble a process. It’s just a folder in a binder, a few attachments, maybe some notes someone left in the portal without much context. You…
There is a particular density to the final weeks of a fiscal year for accountants. The work does not arrive all at once, but rather it collects. Memos multiply. Questions pile into spreadsheets. Schedules tilt under the weight of unresolved…
Every business owner wants to handle taxes wisely. Reducing one’s tax burden is good business sense, but the path from smart planning to risky behavior is shorter than most realize. What may begin as a legitimate strategy can gradually become…
It leans heavily on the framework built in 2017, but no one paying attention would call it identical. Some provisions remain intact. Others are extended in name but modified in function. A few quietly disappeared without much discussion, and several…
Many auditors focus primarily on checklists and procedures when performing an audit. This structure is essential for upholding audit quality and maintaining consistency in one’s work. However, behind every audit there is a client dealing with various business needs, tight…
To many young professionals, internal controls often feel like tedious chores, just more hurdles added to the day-to-day list of accounting tasks within a firm or business. However, young professionals need to step beyond viewing internal controls as a chore…
With new rules, court decisions, and legislative changes, tax laws are consistently changing. Young accountants must not only stay informed about regulatory and legislative changes in taxation but also understand exactly what has changed and the impact on each client…