Life can be tough for the small firm. For every new development and obstacle being discussed by larger firms and the profession, it should be remembered that small firms have to work twice as hard to address the same issues, with limited resources and time to keep up. Three experts in the field recently shared what […]
Seventy-five years ago, Mary T. Washington Wylie (1906 – 2005), became the first African-American, female certified public accountant (CPA) in the nation. In doing so, she became a visionary, trailblazer and mentor, inspiring other young African-American CPAs and paving the way for generations to come. To honor the 75th anniversary of her becoming a CPA, […]
Nonprofit organizations are vital to making meaningful change in the world and they have significant amounts of untapped potential in their data. But why do some nonprofits struggle to use data while others have successfully harnessed information to drive better decision making? For many nonprofits, data is still being used merely to count results. When […]
I am still in awe at the fact that the Philippines is made up of almost 8,000 islands, each of which contributes to the diversity of Filipino culture. If that weren’t enough, there are about 180 different languages spoken throughout the country. Fortunately for us ex-patriots, English is one of the official languages, […]
Summer is a time for relaxing vacations, outdoor concerts and barbecue gatherings. It’s also a time to hit the recharge button and revisit the goals you planned to achieve by year’s end. Many CPAs set aside time during the summer months to focus on their firm’s operations and growth opportunities. The good news is that […]
Key Performance Indicators, also known as KPIs, are core measurements that businesses use to monitor progress toward achieving goals and targets. KPIs, which vary widely by industry and entity structure, can be used to monitor and track all aspects of your business,. Management teams pay close attention to KPIs, looking for anything out of line […]
Chrome stores small files called cookies on your computer for a variety of reasons, one of which is to keep you logged in to your favorite websites. The browser also stores images and other files—called the cache—to make pages load faster when you revisit them. Unfortunately, websites commonly use cookies to track your browsing habits and target ads to […]
Accounting and finance professionals are finding that they must continually learn, unlearn, and relearn to maintain their highly trusted position in a rapidly changing business environment. Accountants need to understand emerging technologies that are changing the profession, such as blockchain, artificial intelligence (AI), and robotic process automation (RPA). They must do so in an environment […]
The new international Code of Ethics for professional accountants that was unveiled last month has been “long in the making,” according to Kim Gibson, CPA, a member of the International Ethics Standards Board for Accountants (IESBA) and chair of the board’s Rollout and Implementation Working Group. Gibson, who is the global head of independence for […]
Hello, my name is John. Like many of you, I am an American citizen living and working in the Philippines. Also, like many of you, the business climate was not what initially attracted me. Rather, it was the beautiful weather and a vastly different social experience from the United States. However, during my first […]
