Accounting Today
MAY 3, 2024
The landscape of Corporate Transparency Act beneficial ownership information reporting continues to evolve, and accountants and others who advise their small business clients need to stay ahead of the curve.
Accounting Department
MAY 3, 2024
We are thrilled to announce that Episode 18 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.
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Accounting Today
MAY 3, 2024
The Securities and Exchange Commission charged the fast-rising auditing firm with deliberate, systemic failures to comply with PCAOB standards for audits and reviews.
Insightful Accountant
MAY 3, 2024
May is Military Appreciation month in the US and we at Insightful Accountant want to say "Thank You" to those who are serving or have served, and to their families for their service.
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 Today
MAY 3, 2024
Sen. Ron Wyden, in a letter, demanded that TurboTax refund customers who, due to a software glitch, were inappropriately encouraged to take non-optimal choices, resulting in higher taxes.
Plooto
MAY 3, 2024
What led you to join Plooto, and what has your journey been like since then? As someone who majored in Economics, I was always interested in working in fintech. When I was looking for startups to apply to, the name Plooto kept coming up. Plooto is well known in the Toronto startup space, and I thought the company would be a good fit.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Counto
MAY 3, 2024
Revolutionising Tax Workflow with AI: Highlights from Our “Let’s Talk Tax Technology” Webinar with SCTP In the fast-evolving world of tax technology, staying ahead means embracing innovation. At Counto, we not only adopt advancements; we innovate, building our own AI-powered systems. Our recent collaboration with the Singapore Chartered Tax Professionals (SCTP) for the “Let’s Talk Tax Technology” webinar is a testament to our commitment to reducing compliance
Accounting Today
MAY 3, 2024
Test your knowledge of the biggest accounting headlines of the week. No. 2 pencil not required!
Ace Cloud Hosting
MAY 3, 2024
As accounting businesses and firms prepare for the future, many of them are realizing that empowering women is of great importance for helping their firm forge the way of doing.
Accounting Today
MAY 3, 2024
When a small company holds a life insurance policy, estate planning gets complicated — which is why assigning it to an individual or a family may be the better choice.
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.
Economize
MAY 3, 2024
AWS offers flexible pricing plans to support its customers and avoid a hefty cloud bill. AWS Savings Plan and Reserves Instances are two such cost-effective pricing models that aid to enjoy your AWS services without blowing your budget. Each model offers unique benefits and is designed for specific usage needs.
Accounting Today
MAY 3, 2024
Ryan, a Dallas-based international tax firm and software provider, has filed suit against the Federal Trade Commission over the rule issued last week outlawing non-compete employment agreements.
Accounting Fun
MAY 3, 2024
For every tax problem there is a solution - which is straightforward, uncomplicated and wrong.
Accounting Today
MAY 3, 2024
Plus, REDW names three VPs; FAF is looking for FASAC members; and other firm and personnel news from across the accounting profession.
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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.
NextProcess
MAY 3, 2024
If you’ve been researching software options for managing your financial processes, then you’ve probably run across terms like Business Process Automation (BPA) and Software-as-a-Service (SaaS). You’ll also come across related terms, like Business Process Outsourcing (BPO) and Business Process as a Service (BPaaS). Sometimes it might seem like those terms refer to the same thing, while other times they seem like different things.
Accounting Today
MAY 3, 2024
Plus, Estateably touts new accounting tools for estate planning; and other accounting tech news and updates.
FundThrough
MAY 3, 2024
What is Accounts Receivable Financing? Accounts receivable financing (another term for invoice factoring) is a financing approach where businesses sell their outstanding invoices to a financing company at a discount. This transaction provides them with immediate cash flow, essential for maintaining operations, investing in growth, or managing unforeseen expenses.
Accounting Today
MAY 3, 2024
Accountants are at a unique juncture where the convergence of a massive redistribution of wealth and rapid technological advancements can redefine their roles and impact.
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.
Invoicera
MAY 3, 2024
Introduction In the hectic world of law firms, keeping track of invoices effectively can frequently feel like sorting through a maze of details. Fortunately, modern billing software has emerged as a beacon of relief in the often chaotic world of law firms. It has significantly reduced stress, increased accuracy, and made managing invoices a seamless experience.
Accounting Today
MAY 3, 2024
The Top 25 Firm is expanding its footprint east of the Mississippi River to Ohio.
Counto
MAY 3, 2024
Fiscal Year in Singapore: What Is It and Why Is It Important? Choosing the right Fiscal Year-End (FYE) is more than just a date on the calendar—it’s a strategic decision that affects everything from compliance and tax planning to operational effectiveness. Here’s a refined guide on understanding FYE, its implications, and how to choose or change it for optimal business performance.
Accounting Today
MAY 3, 2024
The new advisory service follows Platform's acquisition of Walpole Financial Advisors.
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!
Earmark Accounting Podcast
MAY 3, 2024
In an era where the right software can make or break your accounting firm, choosing the right apps is essential. In this webinar, Blake Oliver, CPA, draws on his experience as a firm founder to guide you through the essential software that will streamline your operations, upgrade your client experience, and drive future growth. This session is designed to cut through the clutter of the ever-expanding app marketplace, providing you with a curated list of applications indispensable for modern acco
Accounting Tools
MAY 3, 2024
What is a Secured Liability? A secured liability is an obligation for which payment is guaranteed by an asset. If the borrower cannot repay the liability within the contractually designated time period, the lender can seize the asset and sell it in order to obtain the funds needed to settle the liability. If the amount received from sale of the asset exceeds the amount of the associated debt, then the lender pays the excess amount to the borrower.
Accounting Today
MAY 3, 2024
The Biden administration gave carmakers a partial reprieve in finalizing electric-vehicle tax credit rules intended to loosen China's grip on battery materials crucial to the car industry's future.
Accounting Tools
MAY 3, 2024
What is a Contingent Issuance? A contingent issuance refers to a possible issuance of common stock that will occur only if certain conditions have been satisfied. A business may set up a contingent issuance in order to make it more expensive for a hostile acquirer to buy it; thus, an event such as an offer to buy a majority of the shares outstanding will trigger the automatic issuance of more shares to existing shareholders , which the hostile acquirer must then purchase.
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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.
Accounting Tools
MAY 3, 2024
What are Supporting Services Expenses? Supporting services expenses are the management and fundraising expenses of a nonprofit entity. All other expenses are classified as program expenses. Donors want to see a low percentage of supporting services expenses, which implies that the bulk of their donations are going toward the achievement of the nonprofit’s goals.
Accounting Tools
MAY 3, 2024
What are Shipping Documents? Shipping documents are those forms, records, or certificates needed to take delivery of a shipment, or for a delivery to clear customs. These documents are needed in order to bring a shipment into compliance with the regulations of the countries through which it travels. Examples of Shipping Documents Examples of shipping documents are as follows: Air waybill.
Accounting Tools
MAY 3, 2024
Support costs are those expenditures not directly incurred in the production process, but which are needed to keep manufacturing operations running. These costs do not directly vary with changes in unit volume, and so are considered part of factory overhead. Examples of Support Costs Examples of support costs are as follows: Quality assurance department.
Accounting Tools
MAY 3, 2024
What is a Sales Journal? A sales journal is a subsidiary ledger used to store detailed sales transactions. Its main purpose is to remove a source of high-volume transactions from the general ledger , thereby streamlining it. The transaction number, account number, customer name, invoice number, and sales amount are typically stored in the sales journal for each sale transaction.
Speaker: Ryan Dillard, Chief of Staff Director at CBIZ ARC Consulting LLC; Kelly Hicks, Global Controller at Airbase
ASC 606 is the revenue recognition standard that sets global accounting principles for all private or public companies that enter sales agreements or contracts with customers. Along with ASC 606, ASC 340-40 was added to address accounting costs to obtain a contact and costs to fulfill a contract. Join us for this webinar when Airbase Controller Kelly Hicks and Ryan Dillard, a Director at CBIZ ARC Consulting explore how to approach capitalizing sales commissions under ASC 340-40.
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