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What is Forensic Accounting? Everything You Need to Know

Forensic accounting is a unique field that is continuously growing due to the increase in fraud and financial crimes. If you suspect that criminal activity is leading to losses for your business, a forensic accountant can dig through your individual or company’s information help you solve the mystery. Keep reading to learn more about forensic […]

Written by prositesfinancialFeb 1 • 2 minute read

Bookkeeping Tips for a Better Tax Season

For many business owners, tax season can be a mad scramble involving document hunting and filling out heaps of forms. The whole process may feel quite stressful and overwhelming; however, it doesn’t have to be. Starting your business tax preparation process well before the deadline will make your life way easier, especially if you want […]

Written by prositesfinancialJan 11 • 3 minute read

Making Sense of Your Balance Sheet

A balance sheet is a financial statement that summarizes the financial status of your business for a particular time. Simply, a balance sheet indicates your business’ assets, shareholder equity, and liabilities. Every transaction you make in your business affects the balance sheet in one way or another. Understanding how to read and decipher this financial […]

Written by prositesfinancialNov 30 • 2 minute read

Finding the Right CPA for Your Business

As your business grows, you may need to hire a certified public accountant (CPA) to handle your accounting processes. You must do this carefully, and there are some things that you should consider first. You’ll need to think carefully about important issues such as where your accountant is located, how they will divide your work, […]

Written by prositesfinancialSep 28 • 3 minute read

What Are Attestation Services and When Do You Need Them

Attestation services play a crucial role in accounting processes. The need for independent parties to give assurance over topics other than financial statements is required by laws, service clients, and even regulators. Attestation services are crucial in many scenarios and important for businesses, financial institutions, and investors. Although there are countless reasons for seeking these […]

Written by prositesfinancialSep 14 • 2 minute read

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