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Is your firm overpaying for external hires?

Accounting Today

With accounting talent in short supply, many firms are paying a premium for external hires instead of promoting their internal talent. My firms compensation data, collected in 2024 and 2025, shows that accounting firms paid 7% more to bring in outside senior analysts in tax and audit than they paid internal staff in the same positions.

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Are Your Collection Emails Getting Results?

Trade Credit & Liquidity Management

A properly managed Accounts Receivables (AR) portfolio is essential to maintain the liquidity your company needs to sustain its business and grow. This requires efficient and effective collection practices, a well-trained staff, and some degree of process automation. First, Some Basics Address Emails Strategically.

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Tax Fraud Blotter: Negative waves

Accounting Today

In 2012, the IRS assessed nearly $800,000 in taxes against Whitman for 2002 through 2009 and began trying to collect. In response, Whitman formed a trust with his girlfriend as the trustee then directed his income from the business into the trusts bank accounts and used the money to pay personal expenses. Sentencing is Sept.

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Why Cash Management Strategies Are Crucial for Growing Businesses

Gaviti

This article breaks down why cash flow management strategies matter, which techniques are most effective, and how forward-thinking CFOs are securing their companies’ financial futures with smart planning, and the right tools. Take Control of Your Cash Flow Today Cash management doesn’t have to be complex.

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Remaking the partnership model for young accountants

Accounting Today

Our generation is the one that will navigate this sea change in public accounting. Nishaad Ruparel President, Ascend For reprint and licensing requests for this article, click here. Create the time to underwrite your future and make your opinion known.

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What are Accounts Receivable Collections?

oAppsNet

In any business, managing finances effectively is pivotal to sustaining and growing operations. Among the various aspects of financial management, accounts receivable collections stand out for their direct impact on a company’s liquidity and cash flow. What Are Accounts Receivable Collections?

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What is an accountant?

Accounting Tools

Areas of Accounting Specialization There are many sub-fields within accounting in which a person can specialize. For example, there are tax accountants , cost accountants , payroll clerks , billing clerks , general ledger accountants , and collection clerks.