Intuit

APRIL 21, 2025

It evaluates candidates understanding of essential accounting principles, auditing procedures, business law, and ethical standards. The 3 Core exam sections are: Auditing and Attestation (AUD): This section contains 78 multiple-choice questions and 7 simulations based on CPA tasks and ethical behavior.

CPA

Earmark Accounting Podcast

JULY 24, 2025

Mike Whitmire, founder and CEO of Floqast, explains why accounting AI is fundamentally different from other business applications—and why auditability creates unique challenges that many companies will struggle to overcome.

Auditing

Xero

MAY 28, 2025

More than half (54%) of Australians are worried about making an error on their tax return: key concerns included owing money to the Australian Taxation Office (33%), following tax rules correctly (28%), and being audited by the ATO (22%). For Australias 2.6

XERO

oAppsNet

MARCH 18, 2025

Credit Assessment: The First Line of Defense Before extending credit, businesses must thoroughly evaluate a customers financial health. This involves: Reviewing financial statements, cash flow records, and credit scores to assess repayment ability. Creating a clear audit trail for future credit decisions.

Financial Statements

Analytix Finance & Accounting

MAY 7, 2025

It determines WHEN you recognize income and expenses on your books a seemingly small detail that creates massive ripple effects across your financial statements, tax returns, and business decisions. In other words, your accounting method establishes exactly when financial transactions “officially” happen in your business.

Accruals

Counto

NOVEMBER 3, 2024

This approach offers a complete and accurate financial picture, showing outstanding receivables, payables, and overall performance, making it invaluable for business planning and compliance. Legal Compliance In Singapore, maintaining financial records on an accrual basis is mandatory.

Accruals

Counto

JANUARY 10, 2025

Since it behaves differently from traditional assets or cash, cryptocurrency should be treated as an intangible asset in your financial statements. This will help ensure compliance and provide a clear audit trail in case of tax reviews. Understanding how to account for cryptocurrency is critical.

Accounting

Accounting Tools

DECEMBER 23, 2024

A virtual close involves the use of fully integrated company-wide accounting systems to produce financial statements at any time, on demand. Otherwise, there are too many problems with the virtual close financial statements to place much reliance on them. What is the Virtual Close? Error tracking.

Financial Statements

Accounting Today

JULY 24, 2025

By Paige Hagy 2h ago Accounting IFRS gives examples of reporting climate uncertainties The examples show how companies can improve the reporting of uncertainties in their financial statements using climate-related examples as practical illustrations. By Michael Cohn 7h ago Practice management Who's most likely to leave your firm?

Tax

Counto

DECEMBER 16, 2024

Heres a quick overview of the primary accounting services: Bookkeeping : Recording daily financial transactions, such as sales and expenses. Financial Statement Preparation : Creating essential financial reports like income statements, balance sheets, and cash flow statements.

Financial Records

Analytix Finance & Accounting

JUNE 24, 2025

These typically include advanced encryption, secure cloud storage, regular security audits, and strict access controls. Reputable accounting firms maintain compliance with industry standards such as SOC 1 and SOC 2, providing assurance that your financial information is handled according to the highest security protocols.

Accounting

Counto

JANUARY 9, 2025

Keep Accurate Records : Its essential to maintain accurate records of all GST -related transactions, including receipts, invoices, and financial statements. These records are necessary for your GST returns and will be required in case of an audit.

Collections

Remote Quality Bookkeeping

MAY 28, 2025

A Certified Public Accountant (CPA) is a state-licensed accounting professional who offers a wide range of financial services, from taxes to audits to business consulting. What Is a CPA? Licensing & Specialties CPAs are licensed by state boards of accountancy, and each state has its own specific requirements for licensure.

CPA

Outsourced Bookeeping

APRIL 27, 2025

The type of treatment affects the financial statements and tax returns differently. If neglected, it can lead to an audit or even a misstated profit figure in the companys books. Moreover, a sudden change in tariffs alters a businesss financial outlook at the end of the fiscal year.

Tax

Trade Credit & Liquidity Management

JULY 17, 2025

They are focused on practical, industry-relevant education, offering certificate programs, certifications (CPA, CFP, Enrolled Agent), and specialized training in areas such as accounting, internal audit, tax, financial analysis, real estate, and credit management.

Financial Analysis

Counto

FEBRUARY 22, 2025

These standards align with international financial reporting norms, ensuring consistency and transparency in financial statements. Real-time financial reporting ensures businesses stay compliant without manual intervention. Reduces errors in financial statements, improving audit readiness.

Accounting

Accounting Today

JULY 24, 2025

The SEC sent a subpoena to CSX in October, asking the company to produce documents about accounting mistakes revealed in its prior quarterly financial statement. The company didnt deem the mistakes big enough to require a formal re-do of its old financial statements. CSX didnt immediately respond to a request for comment.

Corporation Tax

CapActix

JULY 18, 2025

This puts your company in an audit condition and prevents penalties or inaccurately reporting international revenue. This leads to more accurate tax filings and robust financial statements throughout the year. Besides, simplified records reduce the risk of audit and make tax filing easier.

Tax

Gaviti

JUNE 13, 2025

Enhancing Credit Risk Assessment with Agentic AI Credit risk assessment has historically been labor-intensive, involving financial statement analysis, credit scoring, and subjective judgment. Audit trails are automatically generated for every decision or action taken. Explainability and Trust Financial decisions carry weight.

AR

accountingfly

APRIL 3, 2025

The post Top Remote Audit, Tax and Accounting Candidates | April 3, 2025 appeared first on Accountingfly. Sign up now to check out Top Candidates.

Auditing

Counto

MARCH 23, 2025

Statutory Reporting Financial statements must comply with the Charities Accounting Standard (CAS) or Singapore Financial Reporting Standards, depending on the organisations structure. Internal Controls and Audits Specialised services help implement robust financial controls, reducing the risk of mismanagement or fraud.

Accounting

Gaviti

JANUARY 20, 2025

This principle ensures financial statements reflect the true profit for the businesses, and the true ROI of the expenses that are incurred by the businesses. Failing to adhere to the matching principle can distort financial statements, leading to misinformed decision-making and compliance issues.

AR

Outsourced Bookeeping

JULY 8, 2025

The role of compliance audits: Local authorities look go for regular audits to ensure that businesses obey all the regulations. Audits become stressful if the bookkeeping services are not up to par. With professionals by your side, you can be prepared thoroughly, ensuring a smooth audit process.

Bookkeeping Services

accountingfly

MAY 1, 2025

The post Top Remote Audit, Tax and Accounting Candidates | May 1, 2025 appeared first on Accountingfly. Sign up now to check out Top Candidates.

Auditing

Nanonets

OCTOBER 30, 2024

Key limitations of Docsumo However, users report several limitations when using Docsumo: Requires at least training documents to create a custom model, making it challenging to process new document types quickly Struggles with longer documents, limiting its use for complex financial statements or contracts Processing speed drops significantly when (..)

Data Entry

Less Accounting

NOVEMBER 18, 2024

The IRS requires businesses to keep detailed records of all financial transactions. Inaccurate or incomplete records can lead to costly penalties, audits, and even legal troubles. By maintaining precise and organized financial records, small businesses can ensure they meet all regulatory requirements and avoid potential fines.

Bookkeeping

Counto

MAY 18, 2025

Virtual AGMs: What You Can (and Cant) Do Under the Companies Act, private limited companies are not required to hold AGMs if all shareholders approve the companys financial statements via written resolutions.

Record Keeping

Invoicera

APRIL 11, 2025

If youre forecasting financial outcomes, consider using an invoice finance calculator alongside it. For further accuracy, an invoice interest calculator ensures financial statements reflect realistic costs. Detailed Tax Reports and Audit Trails Offers comprehensive, time-stamped tax reports for financial analysis and submission.

Invoicing

Acton Accounting & Bookkeeping

JUNE 15, 2025

By keeping abreast of the latest changes in tax laws and financial regulations, these firms help you avoid potential pitfalls and legal issues. They also assist in preparing accurate financial statements and tax filings, reducing the risk of audits and penalties.

Accounting

Counto

MARCH 23, 2025

Regulatory Requirements Some businesses, especially those near audit thresholds, need additional financial statements or management reports, which can also affect pricing. Multiple Revenue Streams Companies with diverse income sources or operating in multiple jurisdictions may need customised reporting, increasing service costs.

Accounting

accountingfly

JANUARY 9, 2025

TAX CANDIDATES FTE Tax Senior | Candidate ID #23616387 Certifications: EA Education: BS Accounting, MS Taxation Experience (years): 10+ tax and accounting Work experience (detail): 6+ in public accounting 3 in healthcare industry Full cycle accounting and financial reporting Prepared tax filings for individuals, SMBs, partnerships, nonprofits 30% review (..)

Accounting

Compleatable

MARCH 6, 2025

Regular Audits : Conduct regular financial audits to identify inefficiencies, reduce waste, and ensure compliance with accounting standards. Accurate Reporting : Ensure financial statements (e.g., balance sheets, income statements, cash flow statements) are accurate and up to date within a timely manner.

Accounting

Accounting Today

JUNE 9, 2025

There may be a lawsuit filed or theres a lawsuit going on and we dont know if were going to win, but if we dont win, we anticipate we might have to pay X amount of dollars, which will have an impact and on the financial statements, and it has to be reported in the financial statements if you know about it Dan Hood (23:10): Actually.

Billing

accountingfly

APRIL 24, 2025

The post Top Remote Audit, Tax and Accounting Candidates | April 24, 2025 appeared first on Accountingfly. Sign up now to check out Top Candidates.

Auditing

Counto

JULY 20, 2025

Understanding what makes up distributable profits helps directors and company secretaries ensure compliance: Accumulated realised profits These are earnings confirmed in audited financial statements or interim management accounts. At Counto, we prioritise your savings and efficiency over hefty fees.

Financial Statements

accountingfly

JANUARY 17, 2025

Work experience: All in public accounting Supervises a tax team of 5 associates Review and analysis of financial statements Tax planning, research, and projections Peer review Client niches: SMBs.

Accounting

Accounting Today

JULY 7, 2025

Beyond invoice handling, AI agents can significantly ease tasks such as account reconciliations, audit preparation, fraud detection and cash flow forecasting. This is more than mere automation — its intelligent, proactive management and autonomous automation of complex tasks.

Accounting