What’s Up in Accounting and Finance (October 18-25, 2014)

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For the past week, we have seen fiascos and triumph in the dynamic space of Accounting. Tesco is still struggling to balance out its shortcomings, while a startup battles a fairly strong opponent wielding its new $13 million funding. Here’s the latest on our Accounting round-up.

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Top 3 Reasons to Outsource Risk Management


Outsourcing risk management functions to a third party is worth it in the long run. Here are three good reasons why you should consider outsourcing your risk management issues as opposed to keeping those tasks resolved within your company.

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10 Blogs Every Accountant Should Be Reading


Here’s a list of 10 must-read blogs by experts, associations, former college professors, and members of professional networks that are geared specifically to provide accountants and auditors fresh insights and updated news and regulations on all matters accounting-related.

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Profit and Loss Management: 3 Ways to Do it Right


For a business to maintain operations, provide better services, and come up with new products, it needs to make profit. In any business, profit is always accompanied with certain losses. The key is to ensure that profit and loss management is done correctly to help businesses stay afloat and better yet, thrive.

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5 Financial Tips Every Small Business Owner Should Know


Small business owners (SBOs) usually have limited fund sources for their startups, so financial advice from the experts and fellow entrepreneurs are extremely helpful to create and maintain successful businesses. We list five financial tips every small business owner should know as advised by seasoned entrepreneurs in the field.

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7 Things to Consider When Hiring Your Small Business Accountant


If you are in the initial phases of running a small business, one of the things you should consider hiring out rather than try doing it yourself is accounting. Given how crucial number-crunching is for every business, here are seven things to consider when hiring your small business accountant.

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