Accounting Today

APRIL 18, 2024

Biden's pitch for a fair Tax Code and Werfel's quest for a digitally transformed IRS are among the key issues to pay attention to after the dust has settled on tax season.

Tax 296

Tax 296

Xero

APRIL 17, 2024

Understanding the environmental impact of your business is critical in today’s business environment — and carbon accounting is a fundamental step in this process. With carbon accounting increasingly becoming another compliance measure mandated by regulators, businesses of all types and sizes need to get their emissions numbers in order. This is particularly true if you’re a small business that provides goods and services to a larger organisation.

XERO 205

XERO Accounting Accounting Billing 205

Accounting Department

APRIL 17, 2024

Our friends at Biller Genie have announced a new software update that is packed with new features designed to streamline the check processing process and enhance the financial operations of businesses. This update introduces innovative features that will revolutionize how businesses manage paper checks and adapt to the future of accounting software integrations.

Financial Operations 202

Financial Operations Financial Operations Accounting Software Accounting 202

Cevinio

APRIL 18, 2024

How AI and RPA Are Transforming Accounts Payable Processes in the Year Ahead Introducing Our Whitepaper: “8 Accounts Payable Trends to Watch” In the dynamic landscape of financial operations, staying ahead means understanding the evolving trends shaping the future of Accounts Payable (AP). Our latest whitepaper delves into “8 Accounts Payable Trends to Watch: How AI and Robotics Are Transforming Accounts Payable Processes in the Year Ahead.” As businesses navigate through

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Accounts Payable Accounts Payable AP Accounting 130

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.

FinOps Foundation

APRIL 15, 2024

Key Insight: Fast cost data can mean more frequent Data Ingestion , which leads to faster decision-making ability in a FinOps practice. Helpful Anomaly Management means less noise and more news; Some vendors take a curated approach and surface fewer anomalies, while others deliver more alerts and allow you to dial down as needed. At Google Next ‘24, Google Cloud announced several new FinOps features.

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FinOps FinOps Billing 130

Accounting Today

APRIL 17, 2024

The first class members of the AICPA and NASBA's pilot Experience, Learn & Earn program are completing their inaugural semester.

Accounting 318

Accounting Accounting 318

Accounting Department

APRIL 18, 2024

Last week, the AccountingDepartment.com team attended the 2024 Entrepreneurial Operating System (EOS) Conference in San Diego, CA.

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201

Cevinio

APRIL 16, 2024

Discover the transformative power of Peppol in e-invoicing and explore the importance of integrating your finance operations […]

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AP Invoicing Accounts Receivable Accounts Receivable 130

Jetpack Workflow

APRIL 18, 2024

Podcast Summary In this insightful episode of the “Growing Your Firm” podcast, brought to you by Jetpack Workflow, host David Cristello is joined by special guest Adam Lean , CEO and co-founder of The CFO Project. Adam shares his expertise on how accountants can go beyond traditional number-crunching by engaging with clients through meaningful conversations that resemble therapeutic sessions.

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Bookkeeping Financial Statements Accounting Accounting 106

Accounting Today

APRIL 17, 2024

A phish, a mill and a stroll overseas are just three of the 12 major scams the Internal Revenue Service identified for this year's rogues gallery.

Tax 298

Tax 298

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Did you know automating your month-end close can save up to 40% of the time typically spent on manual reconciliations? CFOs and controllers are leveraging SkyStem's workflow management and reconciliation tool to eliminate costly mistakes, ditch manual reconciliations and close faster. Want to know how they do it? Download our Quick Start Guide to a Crystal Clear Close!

Plooto

APRIL 18, 2024

Managing cash flow effectively is an essential aspect of running a business smoothly. However, many small businesses struggle with cash flow management, especially if they don’t have a lot of experience in bookkeeping and accounting.

Bookkeeping 105

Bookkeeping Accounting Accounting 105

Accounting Department

APRIL 19, 2024

We are thrilled to announce that Episode 17 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.

Accounting 172

Accounting Accounting 172

Insightful Accountant

APRIL 18, 2024

Murph takes a first look at 'Figured', a cloud-based agribusiness software app that works with either QuickBooks Online or Xero and that he thinks is '"perfect for farming and ranching.

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XERO QuickBooks 90

Counto

APRIL 17, 2024

A Guide to New FWA Guidelines for Singapore SMEs from Dec 2024 Starting December 1, 2024, Singapore will see a significant shift towards supporting flexible work arrangements (FWAs), as mandated by the newly established Tripartite Guidelines. At Counto , we understand the intricacies these changes bring, particularly for SMEs, and are here to help you navigate through them effectively.

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Corporation Tax Payroll Tax Bookkeeping 94

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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

Accounting Today

APRIL 15, 2024

The Internal Revenue Service reported stronger performance on Monday, April 15, as it concluded this year's tax filing season, saying it had answered 1 million more phone calls from taxpayers and helped 170,000 people in person compared to last year.

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Tax 288

Accounting Tools

APRIL 18, 2024

What is a Contingency? A contingency arises when there is a situation for which the outcome is uncertain, and which should be resolved in the future, possibly creating a loss. This situation commonly arises when a business is the defendant in a lawsuit, or has guaranteed the payment of a debt incurred by a third party. Examples of Contingencies As an example of a contingency, Armadillo Industries has been notified by the local zoning commission that it must remediate abandoned property on which

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Accounting Accounting Financial Statements Auditing 75

Ace Cloud Hosting

APRIL 19, 2024

Tax season 2024 is ongoing, and the tax firms are busy handling their clients’ taxes. However, cybersecurity is one aspect most tax firms ignore during the tax season. Like tax.

Tax 59

Tax 59

Insightful Accountant

APRIL 17, 2024

Get a jump on transitioning to the new 'Modern View' Reports that Intuit is starting to roll out into QuickBooks Online by attending Insightful Accountant's QB Talks on April 24, 2024 at 2:00 Eastern Daylight Saving Time.

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QuickBooks Accounting Accounting 78

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.

Counto

APRIL 15, 2024

CPF Guide for Employers in Singapore At Counto, we understand that as a small business owner or entrepreneur in Singapore, navigating the complexities of the Central Provident Fund (CPF) contributions for your employees can be a daunting task. It’s crucial to get it right, not only to comply with the law but to ensure the financial well-being of your employees.

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Payroll Billing 98

Accounting Today

APRIL 18, 2024

PricewaterhouseCoopers US is realigning its organizational structure across three lines of service — Assurance, Tax and Advisory — starting in July.

Tax 272

Tax 272

Accounting Tools

APRIL 17, 2024

What is Direct Labor? Direct labor includes all labor that varies with production volume. This means the classification is generally limited to those people working on an assembly line or operating production machinery. What is Indirect Labor? Indirect labor is all types of support and supervisory labor, such as janitorial, maintenance, administrative, and management employees.

Cost Accounting 75

Cost Accounting Accounting Accounting 75

Economize

APRIL 18, 2024

Google Axion Processor is a groundbreaking development in custom silicon chips, a result of Google’s relentless pursuit of innovation. These custom Arm®-based CPUs represent a significant leap forward in computing technology, with industry-leading performance and energy efficiency.

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Computation 59

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

Insightful Accountant

APRIL 15, 2024

The 2024 tax season is ending with fewer hiccups and changes compared to previous years. Pending legislation and court decisions may bring uncertainty for preparers in the future.

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Tax 83

Future Firm

APRIL 19, 2024

Are you considering acquiring an accounting firm? Learn all you need to know about buying an accounting practice by checking out this post. The post Buying an Accounting Practice: The Complete Guide appeared first on Future Firm.

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Accounting Accounting 52

Accounting Today

APRIL 16, 2024

President Joe Biden and First Lady Jill Biden paid $146,629 in federal income taxes on a combined $619,976 in adjusted gross income in 2023.

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Tax 284

Accounting Tools

APRIL 17, 2024

What is Life Cycle Costing? Life cycle costing is the process of compiling all costs that the owner or producer of an asset will incur over its lifespan. These costs include the initial investment , future additional investments, and annually recurring costs, minus any salvage value. Life cycle costing is more heavily used by businesses that place an emphasis on long-range planning, so that their multi-year profits are maximized.

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Customer Service Budgeting Financial Analysis Cost Accounting 75

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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.

Economize

APRIL 17, 2024

Introduction to BigQuery Data Canvas BigQuery Data Canvas, introduced at Google Cloud Next ’24, marks a significant advancement in the field of data analytics. This innovative platform redefines how data professionals interact with and analyze data by integrating a natural language-driven user experience into Google Cloud’s robust data analytics suite.

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Computation 59

Insightful Accountant

APRIL 15, 2024

In an attempt to give our readers some degree of advance notice, Insightful Accountant is announcing the specific dates for which the 2024 ProAdvisor Awards will be announced.

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Accounting Accounting 79

Nanonets

APRIL 19, 2024

Petty Cash Reconciliation: What is It, Best Practices, and Automation Petty cash, also referred to as a small cash fund, is a fixed amount of money reserved for minor expenses in a business. These expenses typically include small purchases like office supplies, travel expenses, or miscellaneous items that are too insignificant to warrant writing a check or initiating an electronic payment.

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Petty cash Financial Records Data Entry Reconciling 52

Accounting Today

APRIL 18, 2024

Speedy decision; trouble in paradise; diplomatic imbecility; and other highlights of recent tax cases.

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Tax 266

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