How Much Time Do We Have?

Did you know one average we spend 1.3 years commuting? I am sure people who spend most of their lives in a metropolitan like Washington DC, this number is probably way higher. I guess, it is not as bad as spending a third of our living years sleeping (or maybe it is). For us, we [...]

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Why Is It So Hard To Find Good Accounting Help?

A recent studies show that the dearth of qualified employees is reaching alarming proportions. Take this study from Manpower, which found that for the third year in a row, “Accounting and Finance” were cited by respondents as the “hardest jobs to fill.”  Now these reasons probably won’t come as much of a surprise to you.The main problem [...]

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Taxes: Where Money Meets Power (Infographic)

tax-services

Note: All material published in Reckenen Blog represents the opinions of the authors and does not reflect the opinions of Reckenen Inc, the Editors, or the institutions with which the authors are affiliated. No taxation without representation is a mantra that has been meant to guide the United States Tax system since its inception. However, a brief [...]

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What Should Everyone Know About Accounting?

Dedicated and Outsourced Bookkeeping

Guest Post  by:  John Calamarius  is  a US expat living in Indonesia. He is currently teaching accountancy at the University of Bandung and loves sharing tips and advice with online communities. Accounting can seem to the uninitiated as something of an arcane art, a box of financial wizardry that is impenetrable to most of us but [...]

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Making the Business Case for SOC 2 Reports

AICPA SOC

The idea of the “extended enterprise” has become the norm in the corporate world. That is, your typical company now has dozens, if not hundreds, of external partners connected to the corporate network: suppliers, distributors, customers, etc. These partners may have access to the firm’s most critical financial data which, of course, can pose a [...]

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What Do the Most Profitable Small Businesses Have in Common

  Best-practices consulting is a field of consulting that looks at the most innovative firms in a given industry and extracts takeaways that other companies can use to improve their operations. It’s a form of business benchmarking in the sense that many of the takeaways involve management techniques and strategic goals rather than pure data-driven comparisons. All [...]

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Payroll Doesn’t Have to be a Headache

Money is an important aspect of all businesses. Although it may not be at the route of why the business itself is in existence, it is an important factor in keeping a business running and able to continue to offer its services, whatever they may be. However, despite the importance of finances, not everyone is [...]

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Your Small Business and the Importance of Benchmarking

In order for a small business to succeed, it is often necessary to find a hook, or niche that sets the business apart from similar commercial entities. For example, if you are one of three bakeries in a neighborhood, focusing your menu on low-fat or dairy-free pastries, can help you carve out an identity that [...]

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From Local to Global – Planning Your Financial Future

outsource accounting vs in-house comparison

Politicians love to wax rhapsodic about how various economic crises could have been anticipated and prevented. While this may be true on some levels, predicting the ups and downs of money, especially in our increasingly globalized world, is a lot more difficult than it seems. Economic modeling on a global scale is destined to be relatively [...]

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DCK: New Service Organization Control Standards Turn Two

SOC Insights for Data Centers and Colocations

Recently, our Hassan Sultan of Reckenen shared some  insights about Service Organization Control Standards on http://www.datacenterknowledge.com. Data Center Knowledge (DCK) is a leading online source of daily news and analysis about the data center industry. They cover the latest developments and trends driving the powerful growth in demand for mission-critical facilities, the challenges and opportunities presented by high-density [...]

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