Sat, December 28, 2024
[ Sat, Dec 28th 2024 ]: SBS
Will Australians be forced back to the office in 2025, or will they return of their own accord?
[ Sat, Dec 28th 2024 ]: SBS
The great return: Will 2025 bring Australians back to the office?
[ Sat, Dec 28th 2024 ]: manilatimes
Ending the year strong and proud
[ Sat, Dec 28th 2024 ]: Forbes
Tax Breaks: The Not Quite The End Of The World As We Know It (And I Feel Fine) Edition
[ Sat, Dec 28th 2024 ]: Reuters
UK's Starmer asks regulators to prioritise economic growth, Sky reports
[ Sat, Dec 28th 2024 ]: MSN
SCORE Bucks County to Offer More than a Dozen Free Business Webinars in January
[ Sat, Dec 28th 2024 ]: MARCA
VA Benefits Payment Schedule: What day are veterans getting their payouts in January 2025?
[ Sat, Dec 28th 2024 ]: MSN
Business Insider's Pet Insurance Review Methodology
[ Sat, Dec 28th 2024 ]: CIOL
Generative AI in 2025: Transforming Industries and Boosting creativity
[ Sat, Dec 28th 2024 ]: MSN
Why Is Valvoline Inc. (VVV) Among the Best Car Repair Stocks to Invest In Now?
Fri, December 27, 2024
[ Fri, Dec 27th 2024 ]: Mint
Transrail Lighting Share Price Updates: Stock clo .. below listing price, but up 28% against IPO price
[ Fri, Dec 27th 2024 ]: LifestyleAsia
Yearly Horoscope 2025: Astrological predictions for all zodiac signs
[ Fri, Dec 27th 2024 ]: kathmandupost
Government introduces policy to boost MCSEs
[ Fri, Dec 27th 2024 ]: Bitdefender
Small Office, Big Threats: 7 Ways to Cyber-Proof Your Business in 2025
[ Fri, Dec 27th 2024 ]: CNBC
Here are 5 of the best website builders for small businesses
[ Fri, Dec 27th 2024 ]: Reuters
China sanctions military firms and executives over US arms sales to Taiwan
[ Fri, Dec 27th 2024 ]: Oregonian
More companies are calling workers back to the office. These tips can help manage disruption
[ Fri, Dec 27th 2024 ]: News4Jax
10 tips from experts to help you change your relationship with money in 2025
[ Fri, Dec 27th 2024 ]: Kiplinger
Should Rent Be Part of Your Retirement Plans?
[ Fri, Dec 27th 2024 ]: AOL
'A one-man economy' whom no one dared oppose: Wor .. e billionaire's arrest on sex-trafficking charges
[ Fri, Dec 27th 2024 ]: Fortune
China sanctions 7 companies over US military assistance to Taiwan
[ Fri, Dec 27th 2024 ]: Forbes
How Proactive Accounting Can Prevent Financial Mistakes
[ Fri, Dec 27th 2024 ]: inc42
Manmohan Singh: How The Former PM Planted The Seeds Of India's Startup Revolution
[ Fri, Dec 27th 2024 ]: AOL
How McDonald's has kept Europeans hooked by fusin .. n American fast-food staple with local delicacies
[ Fri, Dec 27th 2024 ]: Newsweek
PNC Savings Account Interest Rates: December 2024
[ Fri, Dec 27th 2024 ]: Forbes
Integrating Tokenization With Traditional Fund Management Practices
[ Fri, Dec 27th 2024 ]: MSN
Understanding SWIFT/BIC Codes and Their Role in International Transfers
[ Fri, Dec 27th 2024 ]: MSN
Dogecoin (DOGE) Alternative to Reach $50 by Early 2026, Currently Cheap at Only $0.15
Thu, December 26, 2024
[ Thu, Dec 26th 2024 ]: bnnbloomberg
China's Local-Finance Cleanup Opens New Chapter With State Firms
[ Thu, Dec 26th 2024 ]: Reuters
Why US Congress restored Social Security benefits for public-sector retirees
[ Thu, Dec 26th 2024 ]: Couriermail
All the changes coming on January 1
[ Thu, Dec 26th 2024 ]: Skift
New Skift Feature: Uncovering Tech Vendor Opportunities Using AI Analysis
[ Thu, Dec 26th 2024 ]: CNET
BNPL Can Complicate Your Returns. What Experts Want You to Know
[ Thu, Dec 26th 2024 ]: AOL
This Stock Is Up 106,400% Since Its IPO: Here's Why It Might Split in 2025.
[ Thu, Dec 26th 2024 ]: Forbes
How Businesses Can Help Bridge Today's Digital Divide
[ Thu, Dec 26th 2024 ]: manilatimes
Hyperscale Data Completes $50 Million of the Aggr .. n Preferred Equity Investment from Ault & Company
[ Thu, Dec 26th 2024 ]: Forbes
Three Challenges Stalling AI Implementation In The Financial Sector
[ Thu, Dec 26th 2024 ]: Mint
India's self-employed: Bridging the insurance gap with tech-enabled solutions
[ Thu, Dec 26th 2024 ]: legit
World Bank Removes Several Loan Fees for Poor Countries Including Nigeria
[ Thu, Dec 26th 2024 ]: cnbctv18
RBI forms panel to regulate AI use in financial sector under 'FREE-AI' initiative
[ Thu, Dec 26th 2024 ]: MSN
Tax-Exempt Interest Income: Your Path to Tax-Free Earnings
[ Thu, Dec 26th 2024 ]: Reuters
BYD contractor denies 'slavery-like conditions' claims by Brazilian authorities
[ Thu, Dec 26th 2024 ]: Firstpost
Africa has a new big investor and it's not China, UK or France
[ Thu, Dec 26th 2024 ]: cnbctv18
GST: More sinned against than sinning
[ Thu, Dec 26th 2024 ]: Mint
Reshaping India's Finance Ecosystem: The TransUnion CIBIL Story
[ Thu, Dec 26th 2024 ]: MSN
Future of banking is AI-driven and ADIB is ready to evolve, CEO says
[ Thu, Dec 26th 2024 ]: NDTV
Donald Trump's Inaugural Fund Set To Break Record As US Businesses Line-Up To Donate
Wed, December 25, 2024
[ Wed, Dec 25th 2024 ]: MSN
Reimagining Socialism: An Interview With David Kotz

How Proactive Accounting Can Prevent Financial Mistakes

The article from Forbes Finance Council, published on December 27, 2024, titled "How Proactive Accounting Can Prevent Financial Mistakes," emphasizes the importance of proactive accounting practices in safeguarding a company's financial health. It discusses how traditional reactive accounting, which focuses on recording past transactions, often fails to prevent errors or fraud. Instead, the article advocates for a forward-looking approach where accountants actively engage in forecasting, budgeting, and real-time monitoring of financial activities. Key strategies include implementing robust internal controls, using advanced analytics for predictive insights, regular financial health checks, and fostering a culture of transparency and accountability. By anticipating potential issues and addressing them before they escalate, businesses can avoid costly mistakes, ensure compliance, and maintain a competitive edge in the market. The piece also highlights the role of technology in enabling proactive accounting, suggesting tools like AI and machine learning to enhance accuracy and efficiency in financial management.

Read the Full Forbes Article at:
[ https://www.forbes.com/councils/forbesfinancecouncil/2024/12/27/how-proactive-accounting-can-prevent-financial-mistakes/ ]