There's been a lot written lately about process improvement. I'll be upfront. I'm far from an expert on the subject, but do find it interesting and think that you might as well. Processing Content ...

NORWALK, Conn.--(BUSINESS WIRE)--When the Financial Accounting Standards Board (FASB) issues a final standard, it means the FASB has concluded that the benefits derived from the standard justify the ...

According to Jeffery Liker’s book, The Toyota Way, it’s estimated that most business processes are 90% waste and 10% value-added work. Value-added activities in a process are considered those that ...

Accounting and bookkeeping are of vital importance to proper business functioning. They refer to the recording of transactions and financial management in all its forms. Without a well-established ...

Whether you’re handling the books on your own or you’ve got a small accounting team, maintaining healthy financial processes can feel like a chore for small businesses. Entrepreneurs and their team ...

Industry Insights from Thomson Reuters Institute, a part of Thomson Reuters. How has the idea of process improvement taken hold within the legal industry in the wake of the pandemic? Fred Esposito of ...

Artificial intelligence took the business world by storm in 2024. Countless AI-driven tools that emerged during the past year are boosting efficiency in virtually every industry by automating the ...

Last year, the Financial Accounting Standards Board (FASB) provided private companies with an extra year to adopt lease accounting standard ASC 842. When this was announced, 63.8% of surveyed private ...