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ACB Insights
Beyond the Books: Why a Fractional Accounting Model is Revolutionizing Business Finance
In today's dynamic business landscape, simply "keeping the books" is no longer enough. While traditional bookkeeping forms the foundational layer of financial record-keeping, a growing number of businesses, non-profits, and even specialized industries like...
4 Risks of Having Your Tax Accountant Do Your Bookkeeping
The Risks of Combining Roles: Why Your Tax Accountant Shouldn’t Be Your Bookkeeper For many small to mid-sized businesses, managing finances efficiently is crucial to sustaining growth. Often, owners attempt to streamline processes by having their tax accountant...
The Dangers of Relying on a Single Bookkeeper
For many small and mid-sized businesses, it can be tempting to assign all bookkeeping tasks to a single individual, trusting them with the financial health of the company. However, the lack of segregation of duties—where one person handles all financial processes—can...