In Pursuit of Profit
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As a nonprofit we want to save as much money as possible because the donors expect their money to go to the cause, not admin expenses. We also have to meet the requirements to be in compliance with all applicable standards and regulations, so we know it’s an area worthy of investing funds. This conversation expresses the quandary that nonprofit organizations deal with every day – they understand the importance of good financial management, but they also realize that getting funding to invest more in this area is going to be an uphill battle. As a result, they need a cost-effective way to hire a nonprofit accountant or find accounting services on a budget.
10/20/2025 Are You Tracking the Right KPIs?An accountant on a laptop with “KPI – Key Performance Indicator” written nearby surrounded by business icons and financial charts. Every day we talk to business owners and CEOs that are worried about how their company is doing financially, but recently there has been an uptick in uncertainty around the metrics they use to evaluate their performance as well. The trend towards questioning whether the business is measuring the right things or enough things is growing. More and more business leaders are asking things like:
I have a lot of respect for accounting leaders who take pride in the way they manage every aspect of their company.
Let’s take a look at a few reasons why maximizing efficiency in your accounting department is important. 9/2/2025 Do You Need a CPA? Recruiters play a unique role in the hiring process for accountants and other financial personnel. We are tasked with fulfilling a hiring manager's requirements and are also deeply in touch with the reality of the candidate market. Often there is a gap between the two that we must navigate. In finance and accounting recruiting, one request we frequently receive is that candidates hold active CPA licenses. This requirement has come from all industries, all size companies, and all positions from staff accountants to CFOs. Understandably, most companies desire the best person for their position for various reasons – from wanting the most intelligent person to wanting someone to do their taxes to just wanting someone more trustworthy. But do you need a CPA on your accounting team? However, they often feel constricted by these plans as well. Finding the balance between protecting funds earmarked for key functions and restricting opportunistic purchases is always a challenge.
The possibility of business fraud is the dirty little secret that business owners tend to ignore. Unfortunately, there will always be unscrupulous individuals that try to take what is not theirs, even during hard times. While it is easy to imagine fraud occurring by faceless cybercriminals or strangers sneaking in to rob your company of cash and valuable assets, most perpetrators have deep ties to the business, and many are first-time offenders. Many times, the people you least expect are the ones responsible for fraudulent activity – long-time employees, close friends, and even family. These bonds can make it difficult to spot the warning signs, causing fraud to go undetected far longer than it should. |
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10/27/2025