There are two general types of theft of cash from a business: skimming and cash larceny. Skimming is where the cash never makes it into the accounting system, such as when an employee fails to enter a sale into the cash register. Skimming is the hardest type of cash theft to detect, but there are […]
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Getting by on Less Labor
I recently heard a report on the U.S. economy which stated that although the Gross Domestic Product (GDP) made some gains, there was little increase in the total number of non-governmental jobs. The reason given was that due to the recession, many employers have learned how to get more production form current staffing without adding […]
Do you need a CFO?
Is your business big enough to require the a CFO? As businesses grow, they transition through a period where they need the CFO function performed, but there is not enough work to justify a full-time CFO. Many businesses try to make the leap all at once, going from no CFO to a full-time CFO. This […]