Tag

Forecasting
Enterprise risk management
Risk is the uncertainty of an event happening in the future. This uncertainty deviates an organization from achieving desired outcomes and hence it has to be managed. Enterprise Risk Management (ERM) involves various strategies that identify potential business risks and analyze them to provide appropriate responses to mitigate and minimize any losses that would have...
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future of accounting
Technology has impacted almost every aspect of our lives; it has brought about a large number of welcome changes in every profession including the accounting industry. Integrating technology in accounting processes helps companies to derive the best values and generate new opportunities. Technology enables the use of accounting software to provide a high level of...
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Virtual CFO services have taken up the business scene by storm. There is a growing realization among start-ups or small businesses about the advantages or benefits of hiring a virtual CFO. Having said this, it is also a fact that vCFO services are not the go-to solution for all businesses. The million-dollar question we ponder...
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Forecast
Well, simply put, it is estimation and prediction. No, not the kind where you can predict whether or not your company gets listed in the top lists of Forbes. By definition, Forecasting means recognizing past patterns of your business and applying the derived insight for the present and future patterns. It also includes dividing and...
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