Inventory accounting is one of the key or primary areas in the world of accounting with a focus on the asset side of the books. As the name suggests, the inventory account deals with values and accounts that are associated with assets kept in inventory. In a manufacturing business, for example, inventory accounting accounts for…
Crypto Accounting: Does Your Back Office Software Support Crypto Investments?
Your choice of accounting and investment analysis software is critical for your hedge fund, family office or private equity firm. The right selection can mean more control, better visibility and significant time savings. Make the wrong choice, however, and you can see inefficiencies, frustrations and less ability to keep a handle on your business and…
The Role of NFTs in Your Family Office
For a family office to fulfill the needs of its clients, advisors often look beyond the constraints of traditional investment vehicles and explore evolving assets to determine their potential benefits. Non Fungible Tokens (NFTs) are one such evolving asset class many family offices are considering. With 75% percent of family offices either investing in or…
5 Top Ways You Can Benefit from the Crypto Market Crash
From a high of nearly $70,000 late 2021, Bitcoin’s price plunged below $20,000 by the following summer, marking the crypto market crash of 2022. Contributing to the weakness was the demise of the ‘stable coin’ associated with the blockchain Terra, which plunged to near zero after losing its dollar peg. The crypto market was roiled…
