Issue 16 – Budgets: Plan for Success in 2014
Thanksgiving is just around the corner, which means that many of your employees will be spending time in the next few weeks researching sweet potato recipes and arranging holiday travel.
When it comes to identifying and resolving breakdowns within an accounting department, it’s crucial that organizations understand the key processes involved in running a smooth back office.
Drawing up an annual budget is like creating a financial roadmap for your business—it helps you stay on track and not get lost. And this is the time of year, the fourth quarter, when all businesses should begin to build their budget for next year.
Before contractors can start billing the government for work performed on cost type contracts beginning January 1, they need to do some educated and accurate estimating.