Accounting

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December 6, 2019 

Business Execs Lower Revenue and Profit Forecasts

Profit growth over the next 12 months is now expected to be 2.7 percent, down from 2.8 percent last quarter and significantly below the outlook of 4.3 percent a year ago. Similarly, 12-month revenue growth expectations dropped a tenth of a percentage ...

audit

December 5, 2019 

AICPA Issues New Definition of the Concept of Materiality

The purpose is to align the materiality concepts discussed in AICPA Professional Standards with the description of materiality used by the U.S. judicial system, the auditing standards of the Public Company Accounting Oversight Board...

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December 3, 2019 

How to Make the Case for Optimizing Invoice Payments

What I’ve learned working in sales for a bank and two financial tech companies is that when it comes to payments, there is a clear difference between fintechs and banks. Banks look at business payments as a product, while fintech see them as a process ...

 New Payments Platform for SMBs

December 3, 2019 

New Payments Platform for SMBs

According to a 2018 report by Deloitte, there are 29 million businesses with fewer than 500 employees in the US, representing 99.7% of all US businesses and almost half of total private sector employment.