BLOG

Get the Latest Updates

Apply Filters
Finance and accounting department key functions.

Finance and Accounting Department Key Functions

Accounts Receivable and Payable | Tax and Compliance | Payroll | Financial Reporting and Controls | Treasury and Cash Management | Financial Planning and Analysis | Corporate Development and Strategy The finance and accounting (F&A) team at small and early-stage businesses is responsible for several core functions. Understanding what each function is and does is critical to implementing the […]

The Compass East Finance and Accounting Playbook

Technology is constantly evolving and challenging the status quo. The playbook you used 10 or even 5 years ago can seem archaic and inefficient. So why has the way companies implement their finance and accounting functions stayed relatively unchanged?  Through the thousands of conversations Compass East has had with clients and companies of all sizes, […]

IRS Tax Due Dates Extended: Federal and State Updates

IRS Tax Due Date Changes On March 17, 2021, The Treasury Department and IRS announced the federal income tax filing due date for the 2020 tax year has been extended automatically from April 15, 2021, to May 17, 2021. This postponement applies to individual taxpayers, including individuals who pay self-employment tax. While penalties, interest, and […]

6 Time Management Tips

6 Time Management Steps to Get Back on Track for your 2021 Goals

“I’m crazy busy”. “I’m completely slammed”. “I just don’t have time to do this right now”. Almost all of us feel an incredible amount of pressure during our daily lives to be productive but there never seems like there is enough time. Most need help with Time Management or schedules and likely made New Years […]