This blog post was originally posted on Austin Technology Council's weekend update on August 19, 2016.
All companies in the US, mostly private companies that follow the U.S. Generally Accepted Accounting Principles, or GAAP, need to start implementing the new revenue recognition rules if they haven’t .
Poor financial controls can create significant waste, fraud, or decreased credit rating – yet it happens to thousands of businesses every year. A sound internal control environment is the foundation .
The title of chief financial officer is certainly a coveted one, but it is arguably the most challenging of any of the C-suite positions. This is for good reason, since the CFO is typically involved .