CLIENT ACCOUNTING SERVICES

Steering Clear of Bookkeeper Liability “Road Hazards”

Sometimes the most dangerous road hazards are the ones we never see coming — whether we’re on the highway or in the business world. For some business owners, bookkeeper liability could be cause for concern. Whether you maintain the books for your own company or you delegate that task to an internal or outsourced bookkeeper, [...]

March 26th, 2018|CLIENT ACCOUNTING SERVICES|

Is Outsourcing Written in the Stars For Your Business?

Business owners regularly find themselves asking, “How can I accomplish more with the same or fewer resources?” They ask because of the significant amount of changes introduced by a “galaxy” of increasingly complex tax laws, accounting standards, and regulatory requirements. Simultaneously, companies experience greater challenges recruiting professionals with the right skills. It’s no wonder, then, [...]

March 1st, 2018|CLIENT ACCOUNTING SERVICES|

Geronimo! Avoid These Common Financial Statement Pitfalls

Even the most dedicated business owners can struggle with preparing and reviewing financial statements. These important documents hold key insights about a company’s performance. Mistakes and data errors can drain resources and negatively impact profitability. Here are a few of the most common hazards you may encounter in preparing a financial statement and tips on [...]

January 24th, 2018|CLIENT ACCOUNTING SERVICES, FEBRUARY 2018|

5 Blockchain FAQs: What You Need to Know

Should your business consider blockchain technology? CRI highlights 5 need-to-know FAQs about blockchain as you consider whether and how to implement this technology within your company. Learn how blockchain works, common uses, the benefits (like data security), and how you might consider implementing - all explained in everyday language by Jon Heath. [...]

January 17th, 2018|CLIENT ACCOUNTING SERVICES, VIDEO|

Protected: It’s a New Day for Debt Issuance Costs

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June 20th, 2017|AUDITS, REVIEWS & COMPILATIONS, CLIENT ACCOUNTING SERVICES|

Give Your Small Business a Jolt of Efficiency with Cloud-Based Accounting

Many people need a dose of caffeine – usually in the form of coffee – to be more energized and productive in the morning. Similarly, small businesses have tools at their disposal to help them be more productive. When it comes to small business efficiency, cloud-based applications have fostered tremendous improvements in processes that are [...]

April 19th, 2017|CLIENT ACCOUNTING SERVICES|

Should Your Business Include a “You” and “I”?

One of the toughest decisions facing a start-up or early-stage business is whether to go it alone or take on a partner (or partners). For someone who has spent years planning, preparing and longing for the day when he or she gets to be the boss, the idea of sharing that responsibility with others can [...]

April 19th, 2017|CLIENT ACCOUNTING SERVICES|

How to Use Real-Time Financial Data to Improve Your Cash Flow Forecast

Real-time weather data has transformed our lives. Long gone (for most of us!) are the days of being caught in a rainstorm without an umbrella or in a bulky sweater on an unseasonably warm day. Similarly, accounting systems that provide an up-to-the-minute look at a company’s condition mean that businesses are better prepared to avert [...]

March 1st, 2017|CLIENT ACCOUNTING SERVICES, START-UP BUSINESS PLANNING|

The Death of Traditional Bookkeeping: A Eulogy

Technology is radically changing every aspect of a business’ operations – including accounting. Consequently, traditional bookkeeping is slowly being replaced by accounting software that provides real-time insights, fosters collaboration, and allows for automated processes. Watch as Martin Copeland discusses how such systems are revolutionizing business recordkeeping.

February 24th, 2017|CLIENT ACCOUNTING SERVICES, VIDEO|

A Snapshot of the FASB’s New Goodwill Impairment Standard

With digital cameras, taking a photograph is typically a simple process with two steps: point and shoot. Another two-step process – according to a recently issued mandate from the Financial Accounting Standards Board (FASB) – is the goodwill impairment test. The FASB’s new goodwill impairment standard eliminates Step 2 of the test, thereby reducing the [...]

February 20th, 2017|AUDITS, REVIEWS & COMPILATIONS, CLIENT ACCOUNTING SERVICES|

Taking a Bite Out of Payroll Taxes

Organizations often look for ways to reduce payroll taxes without cutting employees. It is possible to implement specific tax-saving strategies that trim tax burdens and boost the balance sheet. Payroll Taxes - Savings Strategies The payroll taxes that organizations pay on their employees’ wages include Social Security, Medicare, and federal unemployment taxes (as well as [...]

February 15th, 2017|CLIENT ACCOUNTING SERVICES, START-UP BUSINESS PLANNING|

Teamwork Makes the Dream Work in Client Accounting Services (CAS)

Business owners are often faced with a wide variety of choices – such as whether to offer employees bonuses or how much to budget for equipment purchases. Working closely with a trusted advisor can help entrepreneurs understand how such actions can impact their operations. Watch as Shannon West explains why collaboration is key [...]

February 15th, 2017|CLIENT ACCOUNTING SERVICES, VIDEO|

Living the Dream: 5 Ways to Make Invoice Processing More Effective

Ahh! The entrepreneurial American dream: A business owner strikes out on her own to provide a product or service that her customers didn’t know they needed. Her clients place such a high value on her work that not only are they surprised at how affordable the offering is, but they pay for it as quickly [...]

December 28th, 2016|CLIENT ACCOUNTING SERVICES|

4 Steps on the Path to Timely Payments “Paradise”

Sending clear invoices in a timely manner and to the right person in the payables department – as well as following up on those invoices – is essential to being paid on time. However, effective invoice processing is just one aspect of receiving timely payments. Below are four additional steps to realizing the nirvana of [...]

December 27th, 2016|CLIENT ACCOUNTING SERVICES|

Cars and Accounting Technology: Joined by Metamorphosis

We typically think of metamorphosis as a biological process. For example, a caterpillar spins itself in a silk cocoon and then emerges as a butterfly. However, the term – which comes from the Greek word for “transformation” – could just as easily apply to the technological changes that have occurred over the last few centuries. [...]

December 20th, 2016|CLIENT ACCOUNTING SERVICES|

DOL Overtime Rule Injunction: Early Holiday Present for Small Businesses

The DOL recently issued a new overtime rule that was set to become effective on December 1, 2016. The main item in the new DOL rule impacting small businesses revolved around which employees may be exempt from overtime pay under the “white-collar exemption.” According to the new rule, to qualify for this exemption, an employee [...]

November 28th, 2016|CLIENT ACCOUNTING SERVICES, DECEMBER 2016|

5 Simple Steps to Make Your Financial Statements User Friendly

Are you a business owner who struggles to compile information to produce an accurate financial statement? Watch as Debbie Alexander discusses five steps you can take to simplify your financial statement activities.

April 21st, 2016|AUDITS, REVIEWS & COMPILATIONS, CLIENT ACCOUNTING SERVICES, VIDEO|

Financial Statement Preparation: 4 Steps to Power Up Business Performance Tracking

Most of us have played a video game at some point in our life – likely even Super Mario or Donkey Kong. Some people scour online to find helpful tricks that will help them advance to the next level. Similarly, many of us are often looking for ways to help advance our business, and financial [...]

Slicing the Pie: 3 Reasons to Differentiate Between Controllable and Non-Controllable Costs

Revenue sources and expenses are critical components of company profitability. Two expense types are controllable costs and non-controllable costs. Controllable costs are those over which the company has full authority. Such expenses include marketing budgets and labor costs. By contrast, non-controllable costs are those that a company cannot change, such as rent and insurance. It [...]

January 12th, 2016|CLIENT ACCOUNTING SERVICES|

Accounting Outsourcing Benefits: The What & The Why

CRI tailors accounting outsourcing services to meet the individual needs of each client. Watch as Louise Anderson discusses accounting outsourcing benefits when business owners outsource essential accounting functions to CRI.

January 11th, 2016|CLIENT ACCOUNTING SERVICES, VIDEO|