In Pursuit of Profit

The Challenges of Managing Remote Workers

6/19/2020

With much of the workforce doing their jobs from home right now, managers are becoming keenly aware of the challenges related to overseeing employees remotely. Overcoming these challenges is essential for maintaining existing revenue streams and improving future profitability. Leadership that understands how to manage the complexities of a distanced workforce effectively will be more successful than those that try to adapt in-house techniques for remote workers.

0 Comments

8 Types of Internal Control Accounting Systems

2/13/2020

0 Comments

8 Types of Internal Control Accounting Systems

Business leaders understand it is essential to have accurate financial data to drive operations and measure success. However, without the proper controls in place errors, fraud, and other issues can occur, hindering operational efficiency and growth. While some small business owners assume internal control systems are only designed for larger organizations, these functions are crucial for companies of all sizes in all industries.

0 Comments

6 Tips for Organizing Business Receipts

7/22/2019

0 Comments

Many business owners struggle with back-end office organization, especially regarding financial items like business receipts. The problem is two-fold: most business owners underestimate the importance of business receipts, and receipts are hard to organize manually.

While it is advisable to keep all purchase receipts – personal and professional – a desire to reduce paper clutter and make the right choice environmentally has many people skipping the receipt altogether or asking for an emailed copy.

0 Comments

How to Spot Asset Misappropriation

4/29/2019

0 Comments

Asset misappropriation is a fraudulent activity that occurs when a company’s assets are stolen or diverted for personal use. Typically, misappropriation that involves cash is easier to identify while non-cash misappropriation is often harder for businesses to recognize. While all misappropriation can hinder cash flow, large-scale asset misappropriation can also lead to fines and penalties as a result of errors on financial statements and tax filings.

0 Comments

Accounting Solutions Partners

Your resource for Seattle and Portland bookkeeping services. Serving Seattle, Bellevue, Redmond, Kirkland, Portland, Beaverton, Hillsboro, Lake Oswego and more.

Contact us today for a free,
no-obligation consultation:
Toll Free (800) 931-6557
WA (425) 492-1901
OR (503) 473-0122
info@asp-nw.com