Accounting Today

MAY 16, 2024

A KPMG survey found 72% of companies are using AI in their financial reporting process to some extent, and executives expect auditors will start examining controls around the technology.

Financial Reporting 228

Financial Reporting Auditing 228

Xero

DECEMBER 4, 2024

Complete year-end compliance work faster with Caseware Caseware is a Canadian-born, global provider of audit, financial reporting and data analytics solutions for accountants and bookkeepers. It’s all part of our work to make life better for people in small business and their advisors across Canada.

XERO 242

XERO General Ledger Bank Reconciliation Data Entry 242

Accounting Today

AUGUST 17, 2023

Garbage in, garbage out — and sometimes garbage in between: Figuring out where these errors come from is critical for you and your clients.

Financial Reporting 246

Financial Reporting Accounting Accounting 246

Accounting Today

JUNE 16, 2025

EDT 6 Min Read Facebook Twitter LinkedIn Email Accountants are facing increasing demands for precision, speed and data protection. This is because the handling of confidential financial records requires not only technical expertise but also robust systems that ensure information is secure, organized and readily accessible.

Accounting 162

Accounting Accounting Auditing Corporation Tax 162

Accounting Today

NOVEMBER 7, 2024

The IRS beefed up its information technology internal controls.

Financial Reporting 198

Financial Reporting Tax 198

Accounting Today

MAY 21, 2024

The Governmental Accounting Standards Board is getting ready to roll out new rules and proposals for state and local governments, including improvements to the financial reporting model, classification of capital assets, and measurement of infrastructure assets.

Accounting 317

Accounting Accounting Financial Reporting 317

Accounting Department

MAY 13, 2025

One of the most challenging areas for growing businesses is accounting. Between compliance, financial reporting, and keeping the books clean, managing finances in-house can quickly shift from practical to overwhelming.

Accounting 153

Accounting Accounting Financial Reporting Outsourced Bookkeeping 153

Accounting Today

JUNE 23, 2025

The Governmental Accounting Standards Board is juggling a variety of projects to improve accounting for state and local governments as they come under pressure from the threat of reduced funding from the federal government. "If All rights reserved. But in todays environment, its at least something they have to consider."

Financial Reporting 234

Financial Reporting Financial Statements Auditing Tax 234

Intuit

APRIL 21, 2025

Table of Contents Why choose a career in accounting? Youll learn how to analyze financial statements, prepare taxes, and manage budgetsvaluable skills across a range of industries. Youll learn how to analyze financial statements, prepare taxes, and manage budgetsvaluable skills across a range of industries.

Financial Statements 130

Financial Statements Accounting Accounting Budgeting 130

Accounting Today

JANUARY 2, 2024

A study finds the negative effects of such events can lead to pessimistic risk assessments of financial reporting choices and a decline in accrual-based and real earnings management for companies in the impacted areas.

Accruals 316

Accruals Financial Reporting Accounting Accounting 316

Accounting Department

OCTOBER 15, 2024

Navigating the complex world of non-profit accounting can feel like a daunting task for many non-profit managers. The stakes are high as effective accounting not only keeps the organization compliant but also plays a crucial role in fulfilling its mission.

Accounting 263

Accounting Accounting Financial Reporting 263

Accounting Department

DECEMBER 21, 2023

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.

Accounts Payable 277

Accounts Payable Accounts Payable Accounting Accounting 277

Xero

JUNE 3, 2025

From April 2026, small businesses, sole traders and landlords will need to change how they report income tax to HMRC. New legislation, known as Making Tax Digital for Income Tax (MTD for IT ), is set to be introduced, sparking a shift in financial reporting requirements.

XERO 260

XERO Bookkeeping Record Keeping Tax 260

Accounting Department

MARCH 28, 2024

However, managing tasks like invoicing, payroll management, and financial reporting can be time-consuming and complex, diverting valuable resources from core operations. This is where client accounting services come into play. However, compiling and analyzing financial data can be challenging and time-consuming.

Financial Reporting 264

Financial Reporting Invoice Processing Accounting Accounting 264

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.

Accounts Payable 264

Accounts Payable Accounts Payable Accounting Accounting 264

Compleatable

JANUARY 20, 2025

Purchase Invoice Management Software is increasingly becoming an essential tool for businesses aiming to streamline their purchasing and accounts payable processes. Faster Approval Workflows : Invoice management solutions typically extend basic approval workflow that are found in accounting systems. See Types of Invoice Fraud.

Invoicing 100

Invoicing QuickBooks Accounts Payable Accounts Payable 100

Fidesic blog

FEBRUARY 3, 2025

If you are an accounts payable accountant, were sharing these seven differences between Business Central and GP with you in mind. Menus, and navigation are different, requiring AP accountants to adapt to new processes for working with their financial data. Search is Awesome!

Accounts Payable 130

Accounts Payable Accounts Payable Purchase Order AP 130

Accounting Today

NOVEMBER 22, 2024

The Governmental Accounting Standards Board is focusing on advancing its digital financial reporting taxonomy.

Financial Reporting 288

Financial Reporting Accounting Accounting 288

Accounting Today

JANUARY 24, 2024

The agency is adding new financial reporting and accounting requirements for SPAC deals.

Financial Reporting 312

Financial Reporting Accounting Accounting 312

Intuit

JUNE 5, 2025

The Top 15 Accounting Conferences to Attend in 2025 Staying ahead in the finance industry takes more than just crunching numbers. That’s where accounting conferences come in. These events bring together top minds in tax, audit, and financial technology, offering insights that can shape the future of your career.

Accounting 130

Accounting Accounting AR Tax 130

Fit Small Business

JUNE 20, 2025

I’ve researched different financial reporting software, and Oracle NetSuite is the most complete option I’ve found because of its real-time visibility, customizable analytics, and native integration with core business systems. The post 5 Best Financial Reporting Software in 2025 appeared first on Fit Small Business.

Financial Reporting 40

Financial Reporting Accounting Accounting 40

Blake Oliver

MARCH 23, 2025

Imagine cutting your financial reporting time from hours to minutes. In my latest Earmark Podcast episode , I dive deep with Nicolas Boucher, LinkedIn's #1 finance thought leader, who demonstrates how to leverage ChatGPT to do exactly that.

Financial Reporting 52

Financial Reporting QuickBooks Accounting Accounting 52

Intuit

AUGUST 30, 2024

What’s the difference between bookkeeping and accounting? We’ll define each, explore the differences between bookkeeping and accounting, and discuss what it takes to pursue roles in the fields. Bookkeeping involves categorizing each transaction, specifying the amount involved, and tracking it in the relevant account.

Bookkeeping 246

Bookkeeping Financial Statements Accounting Accounting 246

Accounting Department

MAY 9, 2024

With ever-evolving regulations and a complex accounting system to manage, the government contract (GovCon) industry has a steep learning curve for small and medium-sized contractors. However, technology has revolutionized business processes by simplifying accounting and ensuring DCAA compliance.

Accounting 263

Accounting Accounting Accounting Software Auditing 263

Accounting Today

OCTOBER 10, 2024

The Governmental Accounting Standards Board is considering changes in the financial reporting rules for infrastructure assets and is looking for feedback.

Accounting 195

Accounting Accounting Financial Reporting 195

Intuit

APRIL 25, 2025

8 Strategies to Grow Your Accounting Firm A sound accounting firm growth strategy doesnt just chase new clients. To stay competitive, accountants need a strong growth plan that strengthens client relationships, improves efficiency, and prepares them for long-term success. Is your accounting firm ready for growth?

Accounting 130

Accounting Accounting Tax Billing 130

Accounting Department

AUGUST 2, 2023

Efficient financial processes are essential for the success and growth of any business. However, managing tasks like invoicing, payroll management, and financial reporting can be time-consuming and complex, diverting valuable resources from core operations.

Financial Reporting 246

Financial Reporting Payroll Invoicing Accounting 246

Accounting Today

JUNE 19, 2024

The unpredictable nature of digital assets stands out as both a defining characteristic and a significant challenge for investors and accounting professionals alike.

Accounting 338

Accounting Accounting Financial Reporting 338

Accounting Today

APRIL 4, 2024

Ongoing court cases and questions about whether accountants can actually work on BOI reporting make the Corporate Transparency Act a source of serious confusion.

Accounting 327

Accounting Accounting Financial Reporting 327

Accounting Today

SEPTEMBER 29, 2023

When inflation is high, industry professionals turn to inflation accounting strategies to increase accuracy in financial analysis and reporting.

Financial Analysis 311

Financial Analysis Accounting Accounting Financial Reporting 311

Accounting Today

JUNE 12, 2025

The International Financial Reporting Standards Foundation has posted profiles of 17 of the 36 jurisdictions that have either adopted or used the disclosures.

Financial Reporting 130

Financial Reporting Accounting Accounting 130

Accounting Today

JUNE 12, 2025

After an IRS audit in 2016 assessed a federal tax debt totaling some $1 million, Archer concealed and transferred assets through two LLCs he controlled and began using third-party bank accounts to evade paying the tax debt. All rights reserved. In March 2019, Archer filed for Chapter 7. In March 2019, Archer filed for Chapter 7.

Tax 213

Tax Auditing Corporation Tax Accounting Software 213

Accounting Today

APRIL 2, 2025

A landmark research study by GASB has provided one of the most detailed examinations to date of how state and local governments in the U.S. use GAAP.

Financial Reporting 130

Financial Reporting Accounting Accounting 130

Accounting Department

SEPTEMBER 10, 2024

Experienced business leaders know that accurately predicting future financial outcomes is a highly complex challenge. It’s a process not to be left only to logic that is based on reviews of combined financial reports from the past.

Financial Reporting 260

Financial Reporting Accounting Accounting 260

Accounting Today

JUNE 23, 2025

EDT 1 Min Read Facebook Twitter LinkedIn Email The Governmental Accounting Standards Board issued questions and answers to help explain certain pronouncements to stakeholders. All rights reserved. Courtesy of GASB Implementation Guide No.

Corporation Tax 147

Corporation Tax Auditing Accounting Software Tax 147

Accounting Today

MARCH 4, 2024

KPMG and its partner Adrian Wilcox failed to audit the advertising agency with sufficient professional skepticism, according to the Financial Reporting Council.

Auditing 334

Auditing Financial Reporting Accounting Accounting 334

Accounting Today

DECEMBER 7, 2023

Nearly one-third of public companies are using artificial intelligence in their financial reporting, according to a new survey.

Auditing 331

Auditing Financial Reporting 331