Accounting Today

MAY 17, 2024

Association for Accounting Marketing distributes slew of awards at annual AAM Summit; VSCPA announces officers and board of directors; and more news from across the profession.

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Accounting Accounting 262

Accounting Department

MAY 17, 2024

Andrea engages in a candid conversation with ADC co-founder Bill Gerber, exploring the pivotal decision-making process behind delegating tasks for business growth.

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Billing Accounting Accounting 183

Accounting Today

MAY 14, 2024

The Internal Revenue Service cautioned consumers to beware of inaccurate advice which prompted thousands of taxpayers to file overblown claims and held up their refunds.

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Tax 329

Accounting Department

MAY 16, 2024

Outsourced client accounting services play a crucial role in helping businesses take control of their financials. These services involve outsourcing the accounting and bookkeeping tasks to a third-party service provider, allowing businesses to focus on their core operations. The role of outsourced client accounting services goes beyond basic bookkeeping; it includes managing accounts payable and receivable, payroll processing, financial reporting, and more.

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Accounts Payable Accounts Payable Accounting Accounting 196

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.

Accounting

Fidesic blog

MAY 16, 2024

Healtchcare AP Automation Case Study Fidesic and MB2 Dental. Dental practice management service provider saves 100s of hours using Fidesic.

AP 130

AP Accounts Payable Accounts Payable Accounting 130

Cevinio

MAY 14, 2024

AR Invoice Delivery Automation is a software solution designed to transform invoicing processes, mitigate errors, and enhance cash flow […]

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AR Invoicing Invoice Processing Accounts Receivable 130

Accounting Today

MAY 16, 2024

The American Institute of CPAs' Auditing Standards Board voted to approve a set of revisions to the rules for attestation engagements to align them with the AICPA's quality management standards.

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Auditing 251

Accounting Department

MAY 15, 2024

In the dynamic world of entrepreneurship and business management, every decision you make can significantly impact your business's trajectory. Whether it's choosing between investing in new technology or expanding your product line, the choices are endless and often complex.

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Accounting Accounting 198

Ace Cloud Hosting

MAY 15, 2024

Clear communication is vital for completing tasks accurately and efficiently. When it comes to tax firms, understanding information in the right way is very crucial, as one mistake can hinder.

Tax 105

Tax 105

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

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Financial Statements Budgeting Accounting Software Accounting 98

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.

Insightful Accountant

MAY 14, 2024

Intuit, Inc. has appointed Vasant Prabhu, former Chief Financial Officer and Vice Chairman of Visa, to its board of directors.

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Accounting Today

MAY 14, 2024

The Internal Revenue Service published final regulations officially lowering the fees for new Preparer Tax Identification Numbers and renewed PTINs.

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Tax 319

Ace Cloud Hosting

MAY 15, 2024

Handling critical financial or accounting data takes work. If you are an accountant or running an accounting firm, using accounting software, such as Sage 50, can make your daily operations.

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Accounting Software Accounting Accounting 105

Accounting Tools

MAY 16, 2024

What is Inventory Control? Inventory control is the management of a company's inventory to maximize its use. The goal of inventory control is to generate the maximum profit from the least amount of inventory investment without intruding upon customer satisfaction levels. Given the impact on customers and profits, inventory control is one of the chief concerns of businesses that have large inventory investments, such as retailers and distributors.

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Record Keeping Data Entry Reconciling Collections 75

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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.

AP

Enterprise Recovery

MAY 17, 2024

Outsourcing accounts receivable and collections is a strategic decision that can benefit businesses. By partnering with a collection agency, businesses can offload the time-consuming task of chasing unpaid invoices, allowing them to focus on their core operations. Discover the financial benefits of outsourcing your accounts receivable and how it can positively impact your business's bottom line.

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Accounts Receivable Accounts Receivable Account Receivables Collections 66

Insightful Accountant

MAY 13, 2024

Small business owners and tax practitioners are debating whether to elect S corporation status before the potential corporate tax rate increase in 2025 due to the expiration of TCJA provisions.

Corporation Tax 59

Corporation Tax Tax 59

Ace Cloud Hosting

MAY 15, 2024

According to Accounting Today, “The accounting software market will have a global value of $11.8 billion by 2026, according to new market research, at an expansion rate of 8.6 percent.

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Accounting Software Accounting Accounting QuickBooks 105

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

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Tax Financial Reporting Auditing Accounting 75

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.

Nanonets

MAY 17, 2024

Every company has tons of data, but it is hidden in PDF files or your employees' email attachments. Successful companies make data-driven decisions, and that is possible because of data extraction and analysis tools. This article examines the top 10 data extraction tools and their pros and cons. By the end, you will be equipped to select the best data extraction software according to your requirements.

Data Entry 52

Data Entry Collections Microsoft Excel Invoicing 52

Accounting Today

MAY 16, 2024

The Top 10 Firm based in Chicago is adding a Top 75 Firm headquartered in Redwood City, California in July, only a few months after receiving private equity funding.

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Blake Oliver

MAY 17, 2024

When I walked into the kitchen this morning, this is how I found my son. Just a few months ago, he had zero interest in books. So what changed? I was talking with a neighborhood dad with older kids. I was complaining about my son being addicted to his iPad. This dad told me his kids don't have a problem. The family rule: No screen time Monday through Thursday.

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52

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.

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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!

Accounting

Accounting Tools

MAY 13, 2024

What is a Receiving Report? A receiving report is used to document the contents of a delivery to a business. The form is filled out by the receiving staff of the business accepting the delivered goods. Contents of a Receiving Report The following information is typically included on a receiving report: Date and time on which the delivery was received Name of the shipping company that delivered the goods Name of each item received Quantity of each item received The authorizing purchase order numb

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Purchase Order Billing Invoicing Accounting 75

Insightful Accountant

MAY 17, 2024

Accounting Insiders guests Dawn Brolin and Rhonda Shurter from ADP. Rhonda, the Senior Director of Product Management at ADP, highlighted Accountant Connect features for industry trends and efficiency.

Accounting 52

Accounting Accounting 52

Accounting Today

MAY 15, 2024

The National Pipeline Advisory Group identified six recommendations based on survey data to a address accounting's talent shortage, including rethinking CPA licensure requirements.

CPA 272

CPA Accounting Accounting 272

SMB Accounting and Consulting

MAY 17, 2024

Are you a small business owner seeking expert guidance on accounting practices? Navigating the complexities of financial management is crucial to the success of any business. Establishing a core understanding of key accounting principles not only instills confidence but also ensures compliance with accounting and government regulations. Our checklist will guide you through some key items to consider when setting up your business and best practices for those already in operation.

Financial Statements 52

Financial Statements Accounting Software Budgeting Billing 52

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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.

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.

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CPA Accounting Accounting Bookkeeping 59

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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Accounting Accounting Financial Statements Bookkeeping 75

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.

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Outsourced Bookkeeping Bookkeeping Bookkeeping Services Small Business Bookkeeping 59

Accounting Today

MAY 13, 2024

The Public Company Accounting Oversight Board approved two new standards on a firm's system of quality control and the general responsibilities of the auditor in conducting an audit, albeit with pushback on the QC standard from one board member.

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Auditing Accounting Accounting 264

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Whether you’re on a 1-day close or a 10-day close, there are some fundamental commonalities that all strong accounting departments share when it comes to the month-end close. Please join us for an informative webinar where we share best practices that your team can implement today to ace your close! 1 CPE credit will be provided for qualifying participants.

Accounting