Blogs

20
Apr

Treasurer Vs Controller: What’s the Difference?

Treasurers and controllers both serve important financial functions within a company, but their responsibilities are quite different. Financial controllers head the accounting department, in a way, since they supervise the accountants and manage the books of the company. They make sure that the financial reports are done in a timely and proper manner for the management’s review.

6
Apr

How to Decide If Outsourcing as a Business Strategy Works

Every business has a different strategy and set of goals, and with this, a unique set of business problems. While we at NuVest Management Services recognize that there is not a one-size-fits-all approach to handling a company’s business needs, there are many instances in which outsourcing can provide the appropriate solutions.

23
Mar

Why Financial Accounting and Management Accounting are Essential for Business 

General accounting helps deliver essential information so business professionals can make wise economic decisions.  In a business, the two types of reports prepared are management and financial, which are both essential in their own way. But for those who don’t know much about the specifics of accounting, what’s the difference?

9
Mar

5 Things You Should Know about Managing an Offshore Team

You’ve decided that outsourcing your accounting was in the company’s best interest and have built an offshore team. But what happens now?

23
Feb

Understanding the IFRS Rules for Revenue Recognition

Although its actual implementation has been delayed to 2018, buying us all another year to study it in full, the new IFRS 15 revenue standard is something you should be making yourself aware of sooner rather than later.

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