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Cash flow happens to be one of the major concerns of small businesses. In fact, studies show that 82% of business failures are due to poor cash flow management, or poor understanding of how cash flow works. Therefore, managing it effectively and understanding where the money you are spending is going and why is of...

Myths and misconceptions are often created out of a few bad experiences or even lack of experience with the field of accounting. And while there’s some truth in those statements, they are not the whole story. So let us clear things up by exposing some of the most common misconceptions about accounting. Accounting is the...

How to avoid being a victim of financial fraud While the pandemic increased our dependence on the digital economy and accelerated the use of online payments, it has also led to an increase of many different types of fraud. Data breaches, identity theft, online scams and stolen credit cards are very frequently in the news....