What Is Advisory in Accounting? A Guide for Small Business Owners
Accounting advisory services are an ongoing, consultative relationship that is far more than mere bookkeeping or tax compliance. Rather than waiting around for year-end reports, your advisor is actually working with you during the fiscal year to help with interpreting financial data, forecasting trends, and recommending tactical changes. This is the opposite of reactive compliance […]
When Should You Conduct An Internal Audit In Your Business?
An internal audit is essentially a structured review of an organization’s operations, controls, and governance. It’s a systematic method of putting on glasses to help see issues or a lack of compliance or possible risks before they become costly problems. For an American financial adviser, bookkeeper, or accountant, developing a habit of routinely reviewing their […]
CPA vs. EA: What’s the difference, and which one do you need?
Let’s say you are the finance lead of a growing tech startup. Your Board of Directors is emphasizing the importance of tightening internal controls, preparing for an upcoming investor audit, and addressing complicated federal tax issues, all within the next twelve months. Between hiring a CPA firm that can perform audits of financial statements and […]
Revenue Cycle Management 101: A Guide For Business in 2025
A well-planned Revenue Cycle Management (RCM) process is important for businesses as it helps to ensure healthy cash flow, reduces exposure to operational risk and improves your customer / patient satisfaction. RCM involves the entire process from the time that a customer registers, to the time that all payments are reconciled. The success of RCM […]
AI & Accounting: 3 key takeaways you need to know
While Accounting has historically served as the pillar for every organization, in 2025 it is the proving ground for AI’s potential. As Link My Books states: in 2022, 38% of accounting firms were utilizing AI in their core activities, today it is 61%. More critically, AI has decreased a firm’s time on each process by […]
What Is an Audit Trail, and How Does It Impact Your Business
Audit trails are chronological, time-stamped records containing every transaction, configuration change, or access event across systems and processes, automated or manual. The primary benefits are greater compliance with financial (SOX, PCAOB), privacy (HIPAA, GDPR), and climate-reporting regulations; improved risk management through AI anomaly detection; and greater operational resilience through faster incident response. The leaders of […]
