Whether your company’s growth is entirely sales-dependent or you have the benefit of external financing to boost your product development and marketing efforts, chances are your finance practices have grown on an as-needed basis. It’s not unusual for start-ups to discover that the best documentation they can hope for is on a scattering of post-it [...]

When I was a staff accountant some, ahem, years ago it was absolutely mandatory that for month-end we had to provide paper journal entries to be signed off on by the Controller. Once month-end was completed we were required to print out the entire general ledger (just in case the system crashed we would have [...]