Intuit
JULY 10, 2024
Intuit CEO Sasan Goodarzi sent the following note to Intuit employees today: Hi team, As I’ve shared many times, the era of AI is one of the most significant technology shifts of our lifetime. This is truly an extraordinary time – AI is igniting global innovation at an incredible pace, transforming every industry and company in ways that were unimaginable just a few years ago.
Accounting Today
JULY 10, 2024
Some of Accounting Today's fastest-growing firms share what turbo-charged their expansion over the past year.
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FinOps Foundation
JULY 10, 2024
Key Insight: The 2024 Day 2 Keynotes brought something brand new to FinOps X: feature announcements from the three largest clouds. Google Cloud, Microsoft, and AWS all announced support for FOCUS 1.0 with native billing exports, and revealed a number of important enhancements for FinOps Practitioners. Also on Day 2, American Express shared challenges they face on their FinOps journey, and Mike Fuller, CTO at the FinOps Foundation, discussed key considerations around FinOps tooling and services.
Accounting Today
JULY 10, 2024
The laid-off workers will be replaced by specialists in engineering, product, and customer-facing roles as part of Intuit's larger AI plans.
Speaker: Joe Wroblewski, Sales Engineer Manager
Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te
accountingfly
JULY 10, 2024
Sharing our perspective on the latest trends impacting talent acquisition in the accounting industry – Advisory, Hybrid, and Hiring Turnover. All content is 100% written by the real humans working here at Accountingfly. Market Trends: Swiping Right On Advisory; The Harder Way to Hire Hybrid, Culture Fit is Hard Everyone Loves Advisory More and more Accountingfly clients are looking to hire “financial whisperers”–candidates who provide meaningful business advisory services to firm cl
Accounting Today
JULY 10, 2024
Orumé Hays, founder of Hays CPA, wanted to make sure her future was never in someone else's hands.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Accounting Today
JULY 10, 2024
Some of Accounting Today's 2024 Fastest-Growing Firms share the obstacles they had to overcome to turbocharge their revenue.
Cevinio
JULY 10, 2024
Understand the significant cost benefits, enhanced compliance, and improved productivity that AP Automation offers.
Accounting Today
JULY 10, 2024
The IRS is pushing back both filing and payments deadlines for impacted taxpayers.
Insightful Accountant
JULY 10, 2024
The recent Supreme Court decision overturning the Chevron doctrine has sent shockwaves through the regulatory landscape, with potentially significant ramifications for the cannabis industry.
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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 Today
JULY 10, 2024
The acquisition will expand the Top 100 Firm's portfolio of specialized accounting software and ERP solutions, particularly in the manufacturing and distribution sectors.
Nanonets
JULY 10, 2024
This tutorial blog examines some of the use cases of key-value pair extractions, the traditional and current approaches to solving the task, and a sample implementation with code. You encounter KVPs more often than you might realize. Remember the last time you flipped through a dictionary? Each word (the key) is paired with its definition (the value).
Accounting Today
JULY 10, 2024
The head of the Internal Revenue Service's Direct File program cites careful scoping and a blended team of government and private sector for making it work.
Less Accounting
JULY 10, 2024
Financial statements are powerful tools that provide valuable insights into the financial health and performance of a business. As a small business owner, leveraging these statements effectively can help drive informed decision-making and propel your business towards growth and success. In this blog post, we’ll explore how you can use financial statements to drive business growth and achieve your strategic objectives.
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Accounting Today
JULY 10, 2024
Notice 2024-49 and a new set of frequently asked questions from the Internal Revenue Service offer more clarity around the credit.
Future Firm
JULY 10, 2024
Your clients aren't interested in your processes or tasks. Discover what they truly want and how you can better satisfy their needs. The post Your Clients Don’t Care About What You Do appeared first on Future Firm.
Accounting Today
JULY 10, 2024
Some of Accounting Today's 2024 Fastest-Growing Firms share what they're excited about for the future.
Accounting Tools
JULY 10, 2024
What is a Bill in Accounting? A bill is an invoice received from a supplier , on which the supplier states the amount owed by the recipient. This is the primary source document for trade payables. A unique invoice number on the bill is entered by the receiving entity in its accounts payable system, which uses the number in combination with the supplier name as the primary identifier for the liability.
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 Today
JULY 10, 2024
The decisions indicated that justices will use far stricter scrutiny of government regulations moving forward, and some cases dealt a direct impact right away.
Accounting Tools
JULY 10, 2024
What is the Balance Sheet Date? The balance sheet date is a date as of which the information in a statement of financial position is stated. This date is usually the end of a month, quarter, or year. The balance sheet contains information as of a specific date, rather than for a reporting range, since it only contains information about the status of an entity's assets , liabilities, and equity ; it does not contain any information that pertains to a range of dates, such as sales , profits , or c
Accounting Today
JULY 10, 2024
Following an exodus of major clients, Big Four firm PricewaterhouseCoopers is cutting at least a hundred employees in China.
Accounting Tools
JULY 10, 2024
What are Startup Costs? Startup costs are the expenditures associated with organizing a new business or introducing a new product. Once the startup period has been completed, these costs should go away. Examples of startup costs are as follows: Accounting and legal startup costs Employee salary-related costs Employee training Feasibility studies Recruiting costs Travel costs Accounting for Startup Costs The accounting for startup activities is to expense them as incurred.
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 Today
JULY 10, 2024
Too many accountants use these arguments to avoid charging clients what they should.
Accounting Tools
JULY 10, 2024
What is a Final Dividend? A final dividend is the dividend declared by a company's board of directors after the company has issued its full-year financial statements. The final dividend is typically larger than any interim dividends that may have been issued during the fiscal year ; this is because the board of directors is not sure of the entire amount of cash that is available for distribution to shareholders until the final results are available for the full year, and so it tends to be conser
Tipalti
JULY 10, 2024
Looking for an alternative to QuickBooks? Explore our roundup of top-rated accounting software tailored to the needs of your small or growing business, so you can streamline your finances.
Accounting Tools
JULY 10, 2024
What are Bank Debits? Bank debits are transactions that reduce the balance in a customer's account at a bank. Larger debits are usually associated with checks written by a bank customer to a payee , or withdrawals directly made by a customer from their own account. Smaller debits can be associated with the imposition of bank fees, such as for check printing, check processing, deposit processing, foreign transactions, minimum balances, monthly maintenance, not sufficient funds checks, and for the
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 Tools
JULY 10, 2024
What is Plan Curtailment? A plan curtailment occurs when there is a major decline in the number of staff covered by either a post-employment benefits plan or a defined benefit plan. Several events can trigger a plan curtailment, including shutting down a production facility or subsidiary, or laying off a large number of employees. The result of a plan curtailment is that many employees are no longer eligible for the plan.
Accounting Tools
JULY 10, 2024
What are Supplies? Supplies are incidental items used during the course of production, or as part of an organization’s administrative activities. The total cost of supplies tends to be quite low, and the per-unit cost of supplies is also usually quite low. Examples of supplies are paper, staples, and toner cartridges. Accounting for Supplies Supplies are usually charged to expense when they are acquired.
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