Why include more non-financial data into your accounting (ESG)
How & Why you should include more non-financial data into your accounting (ESG). Bookkeeping is about the business’s own narrative. The story can be told in dollars, but for ESG-reporting the story is also told in non-financial figures. A problem arises if the figures and ratings that the story is leaning on is subjective.
Audit fees for small & medium sized businesses
Small companies spend a higher % of their profits on audit than big companies. Relatively speaking, an audit is more expensive for smaller and medium sized companies.
Why small businesses lose $Billions from fraud
Imagine you are responsible to release funds according to invoice details. Suddenly a vendor asks why their payment is overdue. But you already paid it last week, how can this be? You come to the chilling realization that you have become a victim of a Business E-mail Compromise.
Ever wondered why that audit was so expensive? In this post I’ll show you how a simple accounting extension, called Triple Entry Accounting, (TEA) can save you and your auditor time and money.