Category: Bookkeeping

Economic forces over the past couple years have driven costs higher, but they’ve also created new opportunities for nonprofits to receive greater yields on their cash. The new rules eliminate the requirement to present or disclose the indirect method of the notes if the direct method is presented on the statement of cash flows. “ASC”…

Resistance to change is another common challenge encountered during ERP implementation. Employees may resist adopting new systems and processes due to fear or uncertainty about how their roles will be affected. With so many different departments and functions within a company, it can be difficult to identify which areas will benefit most from using the…