Trending Articles

article thumbnail

How a Controller Can Strengthen Your Financial Reporting

Accounting Department

Accurate financial reporting is crucial for any small to medium-sized business (SMB) looking to grow sustainably. Without proper financial oversight, companies can face compliance risks, cash flow issues, and missed opportunities for strategic expansion. This is where a controller plays a vital role.

article thumbnail

What is the CPA Exam? A complete guide.

Intuit

Table of Contents CPA Exam format CPA Exam eligibility requirements CPA Exam application and scheduling process CPA Exam fees and costs How to prepare for the CPA Exam CPA Exam scoring criteria Final thoughts The certified public accountant (CPA) exam, also known as the Uniform CPA Exam, assesses the core skills you need to become a public accountancy professional.

CPA 130
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Path to Becoming a Process Lead at AccountingDepartment.com

Accounting Department

A Process Lead at AccountingDepartment.com plays a crucial role in our Implementation team's support of new client onboarding. Those who occupy this role are people who thrive in a fast-paced environment, enjoy working with a variety of personalities, and possess strong communication skills. Accuracy, attention to detail, and follow-through are also critical for success in this position.

article thumbnail

IRS forces sale of LLC on innocent co-owner

Accounting Today

A court upheld the Internal Revenue Service's forced sale of a co-owned dental practice for one owner's tax debt.

Tax 289
article thumbnail

Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

article thumbnail

​California Tax Changes in 2025: What You Need to Know

Stephanie Peterson

As we navigate through 2025, several significant tax changes have taken effect in California, impacting individuals, businesses, and specific industries.Here's an overview of the key updates:1. State Income Tax Rates Remain UnchangedCalifornia continues to implement a progressive income tax system with nine brackets ranging from 1% to 12.3%.Additionally, a 1% mental health services tax applies to taxable income exceeding $1 million, bringing the top marginal rate to 13.3%.2.

Tax 83
article thumbnail

How Bookkeepers Can Help You Budget for Uncertain Tariff Policies

Outsourced Bookeeping

In todays global economy, tariff policies can shift quickly, often with little warning. These changes can impact the cost of imported goods, disrupt supply chains, and create pricing volatility for businesses. For companies reliant on cross-border trade, navigating these uncertainties requires strategic financial planning. This is where bookkeepers step in as essential partners, helping businesses adjust and adapt through effective budgeting.

More Trending

article thumbnail

Accounting class-action lawsuits rose slightly last year

Accounting Today

The number of accounting-related securities class-action filings increased slightly in 2024, but were filed against smaller companies, according to a new report.

article thumbnail

FundThrough Acquires Ampla, Strengthening its Digital-First Invoice Funding Solution

FundThrough

The leading fintech funding platform for SMBs secures a $25M Series B equity investment, led by Klister Credit Corp. HOUSTON and TORONTO April 22, 2025 FundThrough, the leading fintech invoice factoring platform for small and medium-sized businesses (SMBs), today announced its acquisition of Ampla, the leading provider of financial technology solutions for consumer […] The post FundThrough Acquires Ampla, Strengthening its Digital-First Invoice Funding Solution appeared first on FundThro

article thumbnail

Top 8 SMART Goals and Cutting-Edge Technologies to Transform Accounts Receivable

Gaviti

In the rapidly evolving financial landscape of 2025, businesses are increasingly focusing on refining their accounts receivable (A/R) processes. Establishing clear, strategic goals and leveraging cutting-edge technologies are paramount for enhancing cash flow and ensuring financial stability. This article talks about the significance of SMART goals in A/R, outlines the top A/R objectives for 2025, explores essential technologies driving business accounts receivable transformation, and examines h

article thumbnail

Preventing AP Overpayments: Strategies to Safeguard Your Bottom Line

oAppsNet

When it comes to accounts payable (AP), no one wants to leave money on the table, but overpayments remain a costly reality for many organizations. Despite automation and ERP integration, duplicate payments, processing errors, and missed credits continue to occur. The good news? Most AP overpayments stem from five common areas. By proactively addressing these vulnerabilities, your business can significantly enhance payment accuracy and achieve measurable cost savings.

AP 52
article thumbnail

How to Set Better OKRs and Drive Results

Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.

article thumbnail

What careers can you pursue with an accounting degree?

Intuit

Table of Contents Why choose a career in accounting? 10 careers for people with a bachelor's degree in accounting Actuary Skills you'll need for a career related to accounting Consider a tax preparation career with Intuit A bachelors in accounting is a 4-year degree program that equips you with essential skills for a career in finance. Youll learn how to analyze financial statements, prepare taxes, and manage budgetsvaluable skills across a range of industries.

article thumbnail

IRS marks Tax Day amid worries about layoffs and cutbacks

Accounting Today

The Internal Revenue Service commemorated Tax Day this year as the 70th anniversary of the April 15 tax filing deadline.

Tax 253
article thumbnail

The Right Way to Plan Accounting Compensation w/Dominic Piscopo

Jetpack Workflow

Podcast Episode Round-Up In this episode of the Growing Your Firm Podcast, host Dave Cristello welcomes Dominic Piscopo , the founder of Big 4 Transparency. An expert in salary benchmarking within the accounting industry, Dominic shares insights into compensation strategies, year-over-year changes, and the impact of private equity (PE) on salaries. The conversation highlights the evolving landscape of compensation in accounting firms.

article thumbnail

2025 Crypto Tax Guide: Rules, Reporting & How to File

Fit Small Business

Cryptocurrency has changed the way we invest, transact, and earn. As a result, it presents unique challenges when it comes to taxation. The IRS views cryptocurrency as property, meaning its treated more like real estate or stocks than traditional money. Even though it offers exciting opportunities for financial growth, knowledge of crypto taxation is essential.

Tax 52
article thumbnail

Automation, Evolved: Your New Playbook For Smarter Knowledge Work

Speaker: Frank Taliano

Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.

article thumbnail

UK online bill payments are going global

Xero

Paying your suppliers is a non-negotiable part of running any business. When it comes to maintaining a healthy cash flow, it’s just as important as getting paid. The visibility of whats going out helps to complete an accurate financial picture for your business. Yet we know small businesses, accountants and bookkeepers face friction when it comes to paying bills, in fact over half of small businesses are spending more than four hours each month managing accounts payable.

Billing 133
article thumbnail

Days Payable Outstanding: How to Calculate Accounts Payable Days

Fidesic blog

In this post we start by defining days payable outstanding, then we explain why accounts payable days is an important metric to track. We will also explain the accounts payable days calculation and how to use the account payable days formula to track and report on your AP performance.

article thumbnail

National debt keeps growing, but not fully accounted for

Accounting Today

The federal government's financial condition worsened by $4.7 trillion in the past year, according to a new report timed to coincide with Tax Day.

article thumbnail

From Invoice to Payment: How Counto BillPay Streamlines Your Entire Accounts Payable Workflow

Counto

From Invoice to Payment: How Counto BillPay Streamlines Your Entire Accounts Payable Workflow Managing reimbursements, bills, and supplier payments shouldn’t slow your business down. Thats where Counto BillPay steps inan AI-powered platform that transforms your accounts payable process into one that’s fast, smart, and effortless. Whether you’re dealing with multiple companies, suppliers, or approval layers, Counto BillPay helps you stay in controlwithout the spreadsheets, email

article thumbnail

Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

article thumbnail

AP Overpayment Examples: Where Your Process Is Losing You Money

oAppsNet

Accounts Payable (AP) departments are no strangers to complexity. Between juggling purchase orders, invoices, vendor agreements, and payment terms, its too easy for costly errors to slip through the cracks. Overpaymentswhether due to simple clerical mistakes or systemic process issuescan quietly erode your companys bottom line. At oAppsNET, we help companies eliminate these vulnerabilities through intelligent digital transformation and automation.

AP 52
article thumbnail

Can You File Federal Taxes Without Filing State? 

Nolan Accounting Center

Its tax time, and yet for small business owners, tax time is essentially all the time because owners must stay on top of taxes to stay in the good graces of the law as well as to avoid problems and penalties. It is especially important to file federal taxes correctly and on time. The Types of Small Business Taxes Small businesses may be subject to paying taxes on the federal, state, and local levels.

Tax 52
article thumbnail

Loan definition

Accounting Tools

What is a Loan? A loan is an arrangement under which a lender allows another party the use of funds in exchange for an interest payment and the return of the funds at the end of the lending arrangement. Loans provide liquidity to businesses and individuals, and as such are a necessary part of the financial system. Loan Terminology The terms associated with a loan are contained within a promissory note.

article thumbnail

IRS proposes to end crackdown on basis-shifting transactions

Accounting Today

The Treasury and IRS plan to withdraw regulations that labeled basis-shifting transactions among partnerships and related parties as "transactions of interest.

Tax 243
article thumbnail

What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

article thumbnail

Changes coming to 2026 Desktop Category ProAdvisor Awards

Insightful Accountant

The 2026 ProAdvisor Awards will see consolidation of the Desktop and Desktop Enterprise categorical awards.

59
article thumbnail

Why Community Association Leaders Are Investing in Integrated Accounts Payable Automation 

AvidXchange

The Community Association Management (CAM) industry has evolved rapidly in recent decades. Today, approximately 369,000 community associations serve 77.1 million residents, according to Foundation for Community Association Research a significant increase from just 10,000 associations and 2.1 million residents in 1970. With this growth, however, comes new challenges.

52
article thumbnail

Top Remote Audit, Tax and Accounting Candidates | April 17, 2025

accountingfly

Top Remote Tax and Accounting Candidates This Week Are you in need of remote accountants? Accountingfly can assist you! Our ‘ Always-On Recruiting ‘ program allows you to connect with highly skilled and experienced remote tax and accounting candidates without any upfront costs. Here are some of this week’s top remote tax and accounting candidates.

article thumbnail

Small Business Certification Requirements & How to Get Certified

CSI Accounting & Payroll

You may have heard that there are benefits to becoming a certified small business. It's true; there can be some pretty big advantages! Let's discuss who can be a certified small business, the benefits, & how to register.

Tax 52
article thumbnail

Forecasting Failures Are Costly: Heres How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

article thumbnail

Digits takes on the big guys, and other tech stories you may have missed

Accounting Today

Plus, cyber teams may not be reporting everything they should, and other developments in technology this past month.

article thumbnail

Where oh where has Murph gone?

Insightful Accountant

Wondering what's happened to Murph? He's still here, just at a different URL.

59
article thumbnail

How to Build a Bookkeeping Business That Can Thrive Without You

The Successful Bookkeeper

Many bookkeepers start their businesses because they love working with numbers and helping clients. But as the business grows, they often find themselves trapped in the daily grindhandling everything from client work to admin tasks. The result? A business that depends entirely on them, making it difficult to scale or step away.

article thumbnail

Finding Clients in Online Communities (Easy & Cheap)

Future Firm

Virtual networking can boost your firms visibilityif done right. Heres how to make it work without spending a fortune or too much time. The post Finding Clients in Online Communities (Easy & Cheap) appeared first on Future Firm.

article thumbnail

Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R