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From climate change to social justice and ethical business practices, investors and consumers alike want more from businesses. If there is one catchphrase that defines business today, it has to be sustainable investing. As the world increasingly moves toward responsible…
Discover how Blue Ocean Strategy helps businesses achieve growth by creating unique, competition-free market spaces through innovation and new demand. In today’s crowded markets, businesses often compete head-to-head for the same customers in what’s known as a Red Ocean, leading…
Artificial intelligence powers dynamic forecasting, making financial planning go beyond the rigid boundary of a fixed budget. In a rapidly changing business environment, traditional budgeting is looking its age. For decades, businesses have been using annual budgets for setting financial…
Companies can’t rely on shared physical spaces to keep employees engaged, aligned, and motivated in the distributed context. In today’s workplace, distributed teams are the norm rather than the exception. From remote work to hybrid set-ups and global talent pools,…
Shifting corporate tax rates, new deductions or credits, or changes in requirements of compliance – all these changes make it crucial for companies to be able to adapt and update themselves accordingly for them to remain competitive and financially sound.…
Small businesses are the backbone of the United States economy. It is, however, usually their small size that makes them more prone to risky instances such as fraud, operational inefficiency, and regulatory violations. Tax amnesties are programs that tax authorities…
ASC 606 has reshaped revenue recognition in the homebuilding industry, introducing new challenges around contracts, pricing, and timelines. Explore this article to understand how these changes impact your business. ASC 606 has reshaped how homebuilders recognize and report revenue, introducing…
When businesses venture into renewable energy projects, deciding between the Investment Tax Credit (ITC) and the Production Tax Credit (PTC) is key to maximizing financial incentives. Both tax credits offer significant benefits, but they are applied differently based on the project’s structure and…
Discover the journey from traditional accounting to cloud-based solutions, exploring benefits and risks in embracing digital transformation in finance. In a world where digital transformation is reshaping every aspect of business, accounting is no exception. The journey from the humble…