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Decarbonisation: What’s in it for accountants and bookkeepers?

Xero

As many of us continue to respond to the impacts of climate change, it’s important to consider how the small business landscape will change, not just for our small business customers but our accounting and bookkeeping partners too. The post Decarbonisation: What’s in it for accountants and bookkeepers? appeared first on Xero Blog.

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Understanding Credit Scores: Key Factors

Intuit

To obtain a FICO score, you must have had one credit account open for at least six months.  VantageScore  VantageScore is a relative newcomer to the scene, debuting in 2006. It was introduced by the three major credit bureaus—Equifax, Experian, and TransUnion—to better account for changes in technology and borrower behavior. 

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Understanding What Makes a Good Credit Score

Intuit

Length of credit history (15%): This includes the length of time you’ve kept your oldest account, the average age of all your accounts, and the length of time since you last used your accounts. Age/credit mix (20%): This factor considers both the age of your credit accounts and the variety of credit types you have.

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Understanding the Root Causes of the US Accounting Resource Shortage

Outsourced Bookeeping

In 2020 alone, accounting graduates dropped by 2.8%, while master’s graduates saw an 8.4% The issue goes two steps deep—CPA exam participation also dropped by 7%, the lowest level since 2006. Understanding the Root Causes of the US Accounting Resource Shortage The result? Let’s get started!

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Effortless Accounts Payable Automation with Xero

Nanonets

Xero is cloud-based, SaaS accounting software for small business customers located in many countries. The Xero company, founded in 2006, is New Zealand-based. Xero’s software handles accounts payable as a traditional system requiring manual data entry.   Accounts payable pays the invoices in a batch.

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How the Accountant Shortage is Impacting Businesses: What You Need to Know

Outsourced Bookeeping

The global accounting shortage is real. alone is short of more than 340,000 accountants, highlighting the accounting industry’s significant gap between supply and demand. accountants have left their jobs in the last two years alone. According to Bloomberg, the U.S. According to CNBC, more than 300,000 U.S.

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Survey Says 80% of CPAs Support Alternatives to 150 Hours

Cloud Accounting Podcast

Wrapping things up, some reflections on the need for major reforms in auditing and regulation of the accounting profession. 09:38) - Are firms facing an accounting shortage? (14:49) 14:49) - Did you know Nikki Haley was an accountant? (14:49) 14:49) - Did you know Nikki Haley was an accountant? (16:35)

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