Outsourcing back-end and administrative functions is a popular strategy for private equity (PE) firms. The Philippines is a preferred outsourcing location due to skilled professionals and a 24-hour workday. It provides seamless and scalable support for accounting and finance needs, delivering great service to LPs without in-house overheads.
The complexities of goodwill impairment often present a challenge for companies. During a business combination, the excess of the amount of consideration paid by an acquirer and the net asset’s fair value of the acquiree is known as goodwill. When the value of the net asset of a reporting unit declines, goodwill impairment may have occurred.
Scrubbed, a leading global professional services firm specializing in accounting, tax, finance, and risk advisory, announced today that Youni Kim has joined the company as its Chief Revenue Officer (CRO). In this newly created role, Ms. Kim will oversee Scrubbed’s revenue generation strategies and team.
The rapidly evolving accounting landscape calls for a new generation of talent. Amidst an increasing departure of accounting professionals and a decline in those choosing accounting as a career path, the need for skilled professionals is surging.
