Accounting Today

JULY 31, 2024

What accountants are making in salary and bonuses, and other results of our inaugural compensation survey.

Accounting 344

Accounting Accounting 344

Xero

JULY 31, 2024

“The whole point of Building Up is to connect people with barriers to employment to careers in construction,” explained Marc Soberano, founder of non-profit project Building Up. “We help people break the cycle of poverty and make a life for themselves.” Building Up was one of the 2023 recipients of funding from the Xero Beautiful Business Fund , winning the ‘Strengthening Community Connection’ for their inspiring community building work as a non-profit social contractor.

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XERO Budgeting 241

Accounting Today

JULY 31, 2024

Two huge firms are coming together in a $2.3 billion cash-and-stock deal, making the combined firm what is projected to become the seventh largest accounting firm in the U.S. with approximately $2.8 billion in annual revenue.

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Accounting Accounting 328

Insightful Accountant

JULY 31, 2024

Things are looking bleak for the annual release of QuickBooks Desktop. It's August 1st, and Beta Testers are typically 'testing' RC1 (release candidate 1) for a September release date, but not this year.

QuickBooks 105

QuickBooks 105

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Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

Accounting

Accounting Today

JULY 31, 2024

Increasing starting salaries is the key to attracting young talent to the profession, but the first step is boosting salary transparency.

Accounting 321

Accounting Accounting 321

Enterprise Recovery: Accounts Receivable

JULY 31, 2024

Consumer and business debt are two distinct types of debt that are handled quite differently. Consumer debt is the debt individuals incur for personal expenses, such as credit card debt, student loans, or mortgages. Business debt, however, refers to the debt incurred by businesses or organizations for various purposes, such as operational expenses, investment in assets, or expansion.

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Collections 85

RevCycle

JULY 31, 2024

Change is a constant force in today’s business landscape. New technologies emerge at breakneck speed, customer expectations evolve, and market forces constantly shift. While some employees thrive on constant evolution, change can also be disruptive and demotivating for others. As a leader, it falls on you to navigate this transition and keep your team engaged and enthusiastic.

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Accounting Today

JULY 31, 2024

Private sector employment grew by 122,000 jobs in July — a deceleration from the average job gains seen over the second quarter of the year.

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Payroll Accounting Accounting 298

Outsourced Bookeeping

JULY 31, 2024

The restaurant industry has experienced significant changes in the last four years post-pandemic. With a notable increase in new establishments and existing ones expanding their reach, the industry is rapidly catering to the increased customer demand. However, the industry faces several problems that surprisingly come from different quarters: bookkeeping and accounting.

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Outsourced Bookkeeping Accounts Payable Accounts Payable Accounting 59

Accounting Today

JULY 31, 2024

Survey respondents shared with the good, the bad, and their advice for navigating the accounting profession.

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Accounting Accounting 195

Advertiser: Paycor

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

Economize

JULY 31, 2024

The Need For Cloud Financial Management The transition to cloud computing allows organizations to convert fixed expenses, such as data centers and physical servers, into variable costs, paying only for the resources they consume. Benefiting from economies of scale, these variable expenses are significantly lower than traditional IT infrastructure costs.

Computation 59

Computation 59

Accounting Today

JULY 31, 2024

The International Accounting Standards Board published a consultation document with eight proposed illustrative examples to show how companies could apply International Financial Reporting Standards when reporting the effects of climate-related and other types of uncertainties in their financial statements.

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Financial Statements Financial Reporting Accounting Accounting 189

Insightful Accountant

JULY 31, 2024

Federal law changes this year have shed new light on employee and contractor classifications. This guide provides an overview of key considerations for determining whether remote workers should be classified as employees or independent contractors.

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Tax 52

Accounting Today

JULY 31, 2024

A new survey from ACCA and the IMA reported a sharp decline in economic confidence among accountants and finance professionals in the U.S. and North America, although globally confidence seemed to be increasing.

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Accounting Accounting 182

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

Accounting

Future Firm

JULY 31, 2024

Sometimes clients get upset at having to pay high prices for complex tasks like backlog cleanups. In this episode, I […] The post The Pricing Trick to Avoid Price Disagreements appeared first on Future Firm.

Accounting 52

Accounting Accounting 52

Accounting Today

JULY 31, 2024

In an interview with Blake Oliver, former Baker Tilly CEO Alan Whitman shares the key elements for positioning your firm for future success.

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182

Insightful Accountant

JULY 31, 2024

Users report that they cannot process credit card payments through QuickBooks Desktop.

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QuickBooks 52

Accounting Today

JULY 31, 2024

Net at Work has sold Pixafy to India-based Kensium in exchange for the company's Acumatica practice.

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Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

Accounting Tools

JULY 31, 2024

What is Net Income? Net income is the excess of revenues over expenses. This measurement is one of the key indicators of company profitability , along with gross margin and before-tax income. There are some issues with net income that can yield misleading results, as noted below. How to Calculate Net Income A common calculation for net income is to subtract the cost of goods sold , administrative expenses , and income tax expense from net sales.

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Accruals Financial Statements Tax Auditing 52

finout

JULY 31, 2024

How does AWS Price Its Services? AWS offers several pricing models to accommodate different usage patterns, providing opportunities to optimize and reduce costs. The models include a free tier, on-demand pricing, where resources are typically billed per second, spot instances, reserved instances, savings plans, and dedicated hosts.

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Billing FinOps FinOps 52

Accounting Tools

JULY 31, 2024

What is Kaizen Budgeting? Kaizen is the practice of continually improving processes and reducing costs. The concept tends to yield gradual improvements over a long period of time. This concept can be applied to budgeting by incorporating expected cost reductions into the planned results of a business. This approach can be used to drive down costs below their current levels on a continual basis.

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Budgeting 40

Tipalti

JULY 31, 2024

Discover crucial ERP modules for manufacturing success and how they enhance efficiency and streamline operations for your manufacturing business.

Accounts Payable 40

Accounts Payable Accounts Payable Accounting Software Accounting 40

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

Accounting

Accounting Tools

JULY 31, 2024

What is Inventory Accuracy? Inventory accuracy is the extent to which the information recorded in your inventory database matches the actual inventory on hand. This is an essential concept, since highly accurate inventory records are needed to produce in accordance with your production plan and to determine when to order goods. It also impacts whether you can fulfill customer orders in a timely manner.

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Reconciling Computation Accounting Accounting 40