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Category: Teaching

Your source for expert commentary and information in the fields of tax, accounting, human resources, estate planning and technology.

The Importance of a Financial Controller to Small and Medium-sized Businesses

Owners of small and medium-sized businesses (SMBs) can often feel overwhelmed by the sheer scope of their responsibilities. Depending on the size and structure of their organization, their direct responsibilities may include hiring and managing employees, developing marketing and growth strategies, and building client relationships—all while ensuring that their business remains profitable and that daily […]

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What is Machine Learning?

Computers are getting smarter all the time. Whenever you search the web, open your email or use your phone, there are computers in the background working to enhance your experience. Many tasks that once required specialized human knowledge, such as translating text and identifying cancer cells, can now be performed with great accuracy with the […]

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CPAs: What do we actually do and why?

I get asked this a lot, at least the “what” part. Our profession is often stereotyped and sounds boring. I get it, but I think it’s so much more than most people perceive. I’ve been in the industry since 2011, starting by career at a big four accounting firm. I am one of 210,000 members […]

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Bank Covenants: Debt Service Coverage Ratio

Businesses often seek out bank financing to secure capital, to help grow the business. This financing often come in the form of a line of credit, revolving demand facilities or term loans with fixed or variable rates. Most agreements with lenders will include financial covenants that the borrower must adhere to as a condition of […]

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