Generative AI may let tax pros charge more
Accounting Today
MAY 10, 2024
A recent survey has found that 40% of tax professionals believe generative AI will allow them to demand higher rates, in comparison to 6% who said rates will decrease.
Accounting Today
MAY 10, 2024
A recent survey has found that 40% of tax professionals believe generative AI will allow them to demand higher rates, in comparison to 6% who said rates will decrease.
Intuit
MAY 9, 2024
This interview was originally published on POCIT. Petagae Butcher’s introduction to technology started with a love of Super Nintendo in the 90s. She later graduated from the University of Central Florida with a degree in Management Information Systems, initially majoring in Computer Programming, finding her niche bridging the technology and business worlds.
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Accounting Today
MAY 7, 2024
They say artificial intelligence will change the world, and in many ways, it already has. But AI's rapid advancements have been a source of stress for professionals like accountants. Will you be automated out of a job?
Accounting Department
MAY 10, 2024
Our AccountingDepartment.com family is proud of its vibrant and diverse “cast of characters”—we span the country with our team members coming from all backgrounds and personalities. Included among our team are some amazing Military Spouses whose hard work, dedication, and contributions are part of what makes our family so strong—and theirs as well.
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.
Fidesic blog
MAY 7, 2024
Fidesic and EWS Group have partnered to better support moving companies using MoversSuite with integrations to Microsoft Dynamics GP or Business Central.
Cevinio
MAY 14, 2024
AR Invoice Delivery Automation is a software solution designed to transform invoicing processes, mitigate errors, and enhance cash flow […]
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Intuit
MAY 8, 2024
This content is password protected. To view it please enter your password below: Password: The post Protected: Empowering today’s generation: equipping students nationwide with financial literacy appeared first on Intuit Blog.
Accounting Tools
MAY 13, 2024
What are Budgeted Financial Statements? Budgeted financial statements contain the expected financial results, financial position , and cash flows of a business. These budgeted financials include an income statement , balance sheet , and statement of cash flows. These statements are compiled from the annual budgeting model of a business. Budgeted financial statements are particularly useful when creating a new budget model, since you can view the impact of adjustments to the model on the budgeted
FundThrough
MAY 8, 2024
Introduction Crafting the Future of Content through Strategic Financial Agility Digital 55, an avant-garde digital studio, blends creative storytelling with cutting-edge technology to produce dynamic media and digital learning experiences. Under the leadership of founder and Chief Creative Officer, Lauralee Sheehan—an indie musician turned digital innovator—the company has carved a niche in creating impactful digital […] The post Digital 55 – Pioneering Creative Content with A Strategic Fi
Insightful Accountant
MAY 7, 2024
Insightful Accountant is proud to announce our Top 50 International ProAdvisors for 2024. Congratulations to this year's International award recipients.
Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence
In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.
Accounting Today
MAY 9, 2024
Sikich LLC, a Top 50 Firm based in Chicago, has snagged a $250 million minority investment from private equity firm Bain Capital to fund further acquisitions and growth, becoming the latest in a series of firms to score PE money.
Intuit
MAY 10, 2024
Over the last 30 years, the tax code has more than tripled in size. That’s three times the amount of complexity and headaches for many families. For our Intuit TurboTax customers, we’ve helped make the complicated easy for decades, continuously improving and evolving our product to help taxpayers navigate the pages, and pages , and pages of complicated code.
Accounting Tools
MAY 9, 2024
What Does it Mean to Report Expenses by Function? When expenses are reported by function, they are being reported by the type of activity being conducted. Examples of income statement line items that are presented by function are administrative expenses , financing expenses, manufacturing expenses, marketing expenses, and selling expenses. Or, a nonprofit entity that reports expenses by function could do so by aggregating its expenses into the following general functions: Programs, fund raising,
Dext
MAY 7, 2024
In recent years, technology in bookkeeping has developed at a rapid pace. Driven by the continued rollout of the governments’s initiatives (such as Making Tax Digital in the UK, or GST in Australia), these tools have evolved to automate an ever-increasing range of bookkeeping tasks that were once tedious and time-consuming.
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All accounting teams know what it is like to dread the inevitable month-end scaries. If there was a way to feel less burdened and maybe even a little enthusiastic to work on your month-end close and reconciliation process, would you do it? No, don't answer that, of course you would! Automate your month-end close process by up to 40% with SkyStem's ART and see how much more alive you feel!
Insightful Accountant
MAY 9, 2024
While we received some 'generic' App interest to our last posting, Insightful Accountant is currently looking for a few good ProAdvisors who can provide analysis specifically of eCommerce apps.
Accounting Today
MAY 7, 2024
The Public Company Accounting Oversight Board sanctioned three auditors from Florida accounting firm Liggett & Webb for violations involving audit evidence, professional skepticism, and other matters.
Ace Cloud Hosting
MAY 13, 2024
The current business environment is extremely fast-paced, and the ability to work from anywhere is crucial. Sage 50, a desktop software, is an ideal solution for businesses to manage their.
Accounting Tools
MAY 13, 2024
What is an Accounting Convention? An accounting convention is a common practice used as a guideline when recording a business transaction. It is used when there is not definitive guidance in the accounting standards that govern a specific situation. Thus, accounting conventions serve to fill in the gaps not yet addressed by accounting standards. As the range and detail of accounting standards continue to increase, there are fewer areas in which accounting conventions can still be used.
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The status quo for AP in small and mid-market companies is broken. It consists of messy tech stacks of siloed solutions that give rise to manual work, a lack of control, wasted spend, and unnecessary risks. The benefits of shifting to spend management are tangible, measurable, and are felt across the whole organization. Spend management is a different way of thinking and an innovation whose time has come.
Jetpack Workflow
MAY 13, 2024
If you are reading this, then you might be an accountant (or maybe a bookkeeper ) looking to start your own firm or practice. It can be a game changer for your career and finances. But it also can be an overwhelming process. We’ve now worked with thousands of firms who utilize our workflow software to streamline their projects, workflows, and automate repetitive tasks.
Insightful Accountant
MAY 7, 2024
During the upcoming Insightful Accountant Future Forward Event Murph will be presenting two sessions on Migrating from QuickBooks Desktop. One focuses on apps suitable for QBD Pro users, and the other QBD Premier users.
Accounting Today
MAY 9, 2024
An interpreter for the Los Angeles Dodgers star has agreed to plead guilty to criminal charges including filing a false tax return after secretly transferring about $17 million from the player's account to pay off gambling debt.
Reconciled Solutions
MAY 13, 2024
They’re your company’s most valuable asset. Thorough customer records can improve your customer relationships. Creating comprehensive, accurate customer profiles in QuickBooks Online takes time. It’s. The post Who Are Your Customers? QuickBooks Online Customer Records Can Tell You appeared first on Reconciled Solutions.
Speaker: Carolina Aponte - Owner and CEO, Caja Holdings LLC
In today's rapidly changing business environment, building a resilient balance sheet is crucial to the survival of any business. A resilient balance sheet allows a company to withstand financial shocks and adapt to changing market conditions. To achieve this, companies need to focus on key strategies such as maintaining adequate liquidity, managing debt levels, diversifying revenue streams, and prioritizing profitability over growth.
Accounting Tools
MAY 12, 2024
What are Stocks? Stocks are securities that represents a fraction of the ownership of the issuing corporation. They are issued to investors in the form of stock certificates. Stock may be classified as common stock or preferred stock. What are Bonds? Bonds are a fixed obligation to pay that are issued by a corporation or government entity to investors.
Less Accounting
MAY 13, 2024
In small businesses, bookkeeping might often be viewed as a necessary but cumbersome task that diverts attention from core business activities. However, effective bookkeeping is vital for maintaining the financial health of the business, managing cash flows, and making well-informed strategic decisions. Many small businesses find that outsourcing bookkeeping functions can significantly enhance their growth potential.
Insightful Accountant
MAY 8, 2024
In preparation for next week's QB Talks about Finding and Cleaning Up Bad Data, I thought I'd talk about one of my favorite issues. Failure to Balance the Balance Sheet.
Accounting Today
MAY 9, 2024
CliftonLarsonAllen, a Top 10 Firm, has acquired Engine B, a London-based company that helps accounting firms get more insights from their clients' data, effective May 1.
Speaker: Wayne Spivak, President and CFO of SBA * Consulting Ltd., Industry Writer, Public Speaker
If you’re lost in the world of spend management needs and your GAP analysis is lacking perspective on the future state of your business performance, listen up! With the advancement of technology, the implementation of spend management best practices and concrete GAP analyses is more streamlined and accessible than ever before. And while this may sound like great news for you and your clients, it won’t be worthwhile unless you have the latest techniques to back up your ambitions!
Invoicera
MAY 13, 2024
Introduction Retained earnings are an important part of a company’s financial statements and indicate business health. They are profits a company holds onto for future use instead of paying out as dividends. They show a company’s ability to grow and reinvest in itself. Statistics have revealed that companies with high retained earnings tend to have higher growth rates and can better handle economic downturns.
Accounting Tools
MAY 13, 2024
How to Value Inventory Inventory valuation is the cost associated with an entity's inventory at the end of a reporting period. It forms a key part of the cost of goods sold calculation, and can also be used as collateral for loans. This valuation appears as a current asset on the entity's balance sheet. The inventory valuation is based on the costs incurred by the entity to acquire the inventory, convert it into a condition that makes it ready for sale, and have it transported into the proper pl
Dext
MAY 13, 2024
About Transforming Homes & Gardens Transforming Homes & Gardens is a premier landscaping company based in Perth, Western Australia, that specializes in high-end landscaping in the Northern suburbs of Perth. Graham Sweeney, owner and director, and Angela Sweeney, co-owner and office manager, take the idea of a family-run business to the next level.
Insightful Accountant
MAY 12, 2024
The ProAdvisor Sub-Economy flourished as these professionals shared knowledge and helped each other navigate the evolving landscape of accounting and QuickBooks.
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Developing a consistent month-end close doesn’t need to be a mystery. We’re sharing our top 10 secrets (plus one bonus!) for streamlining your close.
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