Accounting Today

NOVEMBER 3, 2023

Plus, Client Hub launches AI-enabled email integration; and other news from the accounting technology world.

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QuickBooks Accounting Accounting 307

Accounting Department

NOVEMBER 3, 2023

We are thrilled to announce that Episode 5 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.

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Accounting Today

NOVEMBER 3, 2023

Gainful employment; waste not; Mr. Plow; and other highlights of recent tax cases.

Tax 300

Tax 300

LedgerDocs

NOVEMBER 3, 2023

With tax season just around the corner it is the perfect time to begin thinking about how to get the most out of your deduction. Maximizing your tax return from 2023 requires some careful pre-planning and strategic decision making throughout the year. Know Your Total Taxable Income The first step in ensuring you get the best return possible is to calculate your total taxable income.

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Tax Collections Bookkeeping Invoicing 105

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.

Accounting Today

NOVEMBER 3, 2023

The service's development of its newly introduced business tax accounts and recent improvements in its tax pro accounts could be jeopardized if funding is cut.

Tax 300

Tax Accounting Accounting 300

Earmark Accounting Podcast

NOVEMBER 3, 2023

David Toth of Winding River Consulting joins Blake to examine how digital marketing and AI are disrupting accounting firm marketing. They also look at how innovative firms use marketing automation, CRMs, and content marketing to generate leads and close deals from their websites. Sponsor Check out our Sponsor LiveFlow — Advanced Financial Reporting on Autopilot Chapters (00:51) - Earn Free CPE credit (01:32) - David Toth joins the show to talk about marketing for accounting firms (04:53) - How m

Accounting 104

Accounting Accounting CPA Financial Reporting 104

Accounting Tools

NOVEMBER 3, 2023

Related Courses Cost Accounting Fundamentals What are Step Costs? A step cost is a cost that does not change steadily with changes in activity volume, but rather at discrete points. The concept is used when making investment decisions and deciding whether to accept additional customer orders. A step cost is a fixed cost within certain boundaries, outside of which it will change.

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Cost Accounting Budgeting Accounting Accounting 76

Accounting Today

NOVEMBER 3, 2023

A recent report from Atlas VPN estimates that if the internet were shut down entirely around the world for one day, it would cost the global economy about $43 billion.

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Accounting Tools

NOVEMBER 3, 2023

Related Courses Accounting for Income Taxes Small Business Tax Guide What is a Deferred Tax Asset Valuation Allowance? A deferred tax asset is a tax reduction whose recognition is delayed due to deductible temporary differences and carryforwards. This can result in a change in taxes payable or refundable in future periods. A business should create a valuation allowance for a deferred tax asset if there is a more than 50% probability that the company will not realize some portion of the asset.

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Tax Accounting Accounting 75

Accounting Today

NOVEMBER 3, 2023

It's imperative now more than ever that businesses understand how to efficiently manage their sustainability investments.

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Tax 183

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But 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. 🗻 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. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

Accounting

Accounting Tools

NOVEMBER 3, 2023

Related Courses Accountants' Guidebook Bookkeeper Education Bundle Bookkeeping Guidebook What is Substance Over Form? Substance over form is the concept that the financial statements and accompanying disclosures of a business should reflect the underlying realities of accounting transactions. Conversely, the information appearing in the financial statements should not merely comply with the legal form in which they appear.

Financial Statements 75

Financial Statements Financial Reporting Bookkeeping Billing 75

Accounting Today

NOVEMBER 3, 2023

The unemployment rate ticked up one-tenth of a point to 3.9% as hiring slowed.

Accounting 183

Accounting Accounting Payroll 183

Accounting Tools

NOVEMBER 3, 2023

Related Courses Cost Accounting Fundamentals What is the Production Volume Variance? The production volume variance measures the amount of overhead applied to the number of units produced. It is the difference between the actual number of units produced in a period and the budgeted number of units that should have been produced, multiplied by the budgeted overhead rate.

Budgeting 75

Budgeting Cost Accounting Accounting Accounting 75

Bookkeepers.com

NOVEMBER 3, 2023

Start your bookkeeping career the right way with these nine bookkeeping basics for beginners! Bookkeeping Basics 101: 9 Bookkeeping Basics for Beginners 1. Assets Assets are the things the business owns. Tangible and intangible assets are part of the Balance Sheet. Intangible assets include royalty and goodwill, while tangible assets include the following: Cash Account … 9 Bookkeeping Basics Every Bookkeeper Needs Read More » The post 9 Bookkeeping Basics Every Bookkeeper Needs appear

Bookkeeping 72

Bookkeeping Accounting Accounting 72

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

NOVEMBER 3, 2023

Related Courses Accountants' Guidebook Bookkeeping Guidebook The accrual basis of accounting is used to record revenues and expenses in the period in which they are earned, irrespective of the timing of the associated cash flows. However, there are times (usually involving the preparation of a tax return ) when a business may instead want to report its results under the cash basis of accounting ; the cash basis involves only recording transactions when the cash related to them is either paid out

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Accruals Accounting Accounting Accounts Payable 75

Tipalti

NOVEMBER 3, 2023

Choosing the right AP automation software for your business is not as easy as it seems. You must dig through a pile of features, tools, and integrations to decide on one that best fits your business. Here, we’ve tried to create a few scenarios to help you decide between Tipalti and Stampli.

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AP Invoicing 52

Accounting Fun

NOVEMBER 3, 2023

Your Accountant begins the initial interview with "When I was in prison." After completing your tax return showing a balance due of £3,000, your Accountant asks for it in cash. You see your Accountant on TV. On Crimewatch Your Accountant thinks "amortisation" is Italian for "making love". Every time you visit Your Accountant in their office, they're smoking a joint.

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Accounting Accounting Tax 45

Bookkeepers.com

NOVEMBER 3, 2023

Start your bookkeeping career the right way with these nine bookkeeping basics for beginners! Bookkeeping Basics 101: 9 Bookkeeping Basics for Beginners 1. Assets Assets are the things the business owns. Tangible and intangible assets are part of the Balance Sheet. Intangible assets include royalty and goodwill, while tangible assets include the following: Cash Account … 9 Bookkeeping Basics Every Bookkeeper Needs Read More » The post 9 Bookkeeping Basics Every Bookkeeper Needs appear

Bookkeeping 40

Bookkeeping Accounting 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

NOVEMBER 3, 2023

Related Courses Accounting for Freight What is Freight Out? Freight out is the transportation cost associated with the delivery of goods from a supplier to its customers. This cost should be charged to expense as incurred and recorded within the cost of goods sold classification on the income statement. Freight out is not an operating expense , since the supplier only incurs this cost when it sells goods to a customer (rather than incurring it as part of day-to-day company operating activities).

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Billing Accounting Accounting 40

NACM

NOVEMBER 3, 2023

?️ On today's episode of NACM's Extra Credit podcast … Every journey to success begins with education. Whether you aspire to secure a significant promotion, a raise or greater respect in the credit industry, it's crucial to demonstrate your dedication to your profession.⭐️ Hear from Scott Woitas; Jen Nelson-Armstrong; Anthony "Tony" Mitchell and Lo.

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Accounting Tools

NOVEMBER 3, 2023

Related Courses Capital Budgeting What is Capital Rationing? Capital rationing is the decision process used to select capital projects when there is a limited amount of funding available. Rationing may also be imposed when there is enough funding, but management is restricting it from certain parts of the business in order to emphasize investments in other areas.

Budgeting 40

Budgeting 40

Accounting Today

NOVEMBER 3, 2023

Senate Majority Leader Chuck Schumer vowed the Senate won't vote on the House bill and instead will produce a broader emergency package without cuts to the IRS.

Billing 299

Billing Tax 299

Advertiser: Paycor

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.

Accounting Tools

NOVEMBER 3, 2023

Related Courses Agricultural Accounting What is Livestock? Livestock is cattle, hogs, horses, poultry, sheep, and small animals bred and raised by an agricultural producer. A farm may raise livestock for sale. The concept is generally limited to domesticated animals. Accounting for Livestock When animals are available and held for sale, the farm accountant can value the livestock at their selling price, less any estimated costs of disposal.

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Accounting Accounting 40

Accounting Today

NOVEMBER 3, 2023

"I relied upon Mazars and our accounting team to tell me" about the preparation of a 2017 Trump financial statement, Donald Trump Jr. told the judge, who is hearing the case without a jury. "That's why we have accountants.

Financial Statements 299

Financial Statements Accounting Accounting Financial Reporting 299

Accounting Tools

NOVEMBER 3, 2023

Related Courses Agricultural Accounting What are Production Animals? Production animals provide something that can be sold, other than their progeny. An example is sheep, which can be used to sell wool and meat. Accounting for Production Animals The accumulated cost of production animals begins to be charged to expense through depreciation once the animals reach maturity.

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Accounting Accounting 40

Accounting Tools

NOVEMBER 3, 2023

Related Courses Capital Budgeting The payback period is the amount of time required for cash inflows generated by a project to offset its initial cash outflow. This calculation is useful for risk reduction analysis, since a project that generates a quick return is less risky than one that generates the same return over a longer period of time. There are two ways to calculate the payback period, which are described below.

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Budgeting Financial Analysis Accounting Accounting 40

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

Accounting Tools

NOVEMBER 3, 2023

Related Courses Human Resources Guidebook Optimal Accounting for Payroll Payroll Management Guidebook What is Overtime? Overtime is hours worked in excess of normal working hours. The concept is typically used in regard to the overtime premium associated with these excess working hours, which is usually set at 1.5x the normal hourly pay rate. Normal working hours are defined based on federal, state, or local rules but are typically eight hours per day for a five-day work week, or as 40 hours wor

Payroll 40

Payroll Accounting Accounting 40

Accounting Tools

NOVEMBER 3, 2023

Related Courses Sales and Use Tax Accounting Sales tax is a tax imposed on retail goods and services at the point of sale. The following steps show how to calculate it. Step 1. Determine Whether Nexus Exists Nexus is when you have a place of business within the boundaries of a government jurisdiction, or use your own vehicles to transport goods there, or send your employees into that area on business.

Tax 40

Tax Invoicing Account Receivables Accounts Receivable 40

Accounting Tools

NOVEMBER 3, 2023

Related Courses Corporate Finance Treasurer's Guidebook What is Trading on Equity? Trading on equity occurs when a company incurs new debt (such as from bonds , loans , or preferred stock ) to acquire assets on which it can earn a return greater than the interest cost of the debt. If a company generates a profit through this financing technique, its shareholders earn a greater return on their investments.

Corporate Finance 40

Corporate Finance Tax Financial Analysis 40

Accounting Tools

NOVEMBER 3, 2023

Related Courses Accounting for Income Taxes What is a Permanent Difference in Tax Accounting? A permanent difference is a business transaction that is reported differently for financial reporting and tax reporting purposes, and for which the difference will never be eliminated. A permanent difference that results in the complete elimination of a tax liability is highly desirable, since it permanently reduces a firm’s tax liability.

Financial Reporting 40

Financial Reporting Tax Accounting Accounting 40

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.