
Bookkeeping vs. Accounting: Understanding the Key Differences
Bookkeeping is the process of identifying and recording accounting transactions systematically in the business’ books of accounts.
Bookkeeping is the process of identifying and recording accounting transactions systematically in the business’ books of accounts.
Accounting and bookkeeping are critical aspects of a business’ financial management, and these terms are often used interchangeably. However, these terms differ, and bookkeepers and accountants play varying roles in an organization.
Financial mismanagement is one of the prominent reasons businesses, especially MSMEs, fail globally. It’s also understandable why. Poor financial decisions can have a rippling effect on your business
Businesses seeking to optimize their finances inadvertently look to hire a capable CFO (Chief Financial Officer) to optimize their operations. But if you are getting
The CFO is the highest-ranking financial professional and the third-highest-ranking official in an organizational setup, preceded only by the CEO and the COO. The Chief Financial Officer reports
The role of a CFO has elevated from being a number-cruncher to a multi-faceted one in the last couple of decades. If we look closely, it’s easy to ascertain the reasons behind it.
CFOs play a very vital role for any organization. However, not every organization requires the full range of services they have on offer. Furthermore, this expertise comes at a cost