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fiscal policies

Establishing Clear Fiscal Policies and Procedures

Accounting, Accounting Technology, Fraud /

Establishing Clear Fiscal Policies and Procedures In the world of accounting, having clear and defined fiscal policies and procedures is so important for preventing fraud and enhancing departmental operations. By documenting every detail of your accounting processes, you not only protect your organization against potential threats but you can also streamline tasks, making them more […]

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Finance Stack

Understanding and Combating Payments and Occupational Fraud

Accounting, Accounting Technology, Fraud /

Understanding and Combating Payments and Occupational Fraud Fraud in financial transactions is a constantly evolving threat to companies worldwide. The Association of Financial Professionals (AFP) and the Association of Certified Fraud Examiners (ACFE) provide informational reports that offer important insights into payment fraud and occupational fraud. The latest data highlights the persistence and evolution of

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Separation of Duties

The Importance of Internal Controls for Accounting in Business

Accounting /

The Importance of Internal Controls for Accounting in Business Fraud affects businesses of all sizes, with potential losses running into the millions. To protect your business against these risks, internal fraud controls within accounting are essential. These controls not only protect a company’s financial assets but also ensure compliance with regulations, appease investors, and maintain

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Should Your Law Firm Accept Alternative Payments Like Digital Wallets

Should Your Law Firm Accept Alternative Payments Like Digital Wallets?

Accounting /

Should Your Law Firm Accept Alternative Payments Like Digital Wallets? One of the profitability strategies for law firms that we didn’t include on our list was accepting alternative payments. Why? It’s a topic that warrants quite a bit of information to fully understand. Forbes found that 53% of  Americans use digital wallets, an alternative payment

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invoice management for small law firms

Automate & Accelerate: Effortless Invoice Management for Small Law Firms

Accounting, bill.com /

Automate & Accelerate: Effortless Invoice Management for Small Law Firms Invoice management for small law firms can mean the difference between having the cash flow to hire new lawyers or paralegals, market and grow your firm and struggling to keep the lights on. Cash flow and invoice management impact businesses across industries: 20% of invoices

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