Financial Services Firms and the Cloud

Financial services firms of all sizes are increasingly turning towards the cloud for innovation, increased agility and simplified operations. Yet many organizations remain hesitant to migrate key applications and infrastructure at large scales. Financial institutions should avoid relying solely on limited pilot projects to move critical applications to the cloud. To do this, they need […]

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Key Benefits of Accrual Accounting

As businesses became more complex, the need for accurate financial information increased. Transactions like buying and selling on credit, and projects with long-term revenue streams impacted a company’s financial condition. Therefore, these events must be reflected in the company’s financial statements during the same reporting period. Accrual accounting provides immediate feedback on cash flows, making […]

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