Minority CPAs deterred by 150-hour rule
Accounting Today
FEBRUARY 9, 2024
The 150-hour requirement for obtaining a CPA license has led to a decline in Black and Latino CPAs of up to 26%, according to a research study.
Accounting Today
FEBRUARY 9, 2024
The 150-hour requirement for obtaining a CPA license has led to a decline in Black and Latino CPAs of up to 26%, according to a research study.
Accounting Department
FEBRUARY 9, 2024
We are thrilled to announce that Episode 12 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Accounting Today
FEBRUARY 9, 2024
A provision paying for breaks for parents and business owners has earned widespread praise, but an expert says financial advisors should be on alert.
Intuit
FEBRUARY 9, 2024
At Intuit, we believe that growth is a beautiful thing, not only for our company but for our employees as well. That’s why we’re thrilled to announce that Intuit was recently recognized as one of Canada’s Best Workplaces for Professional Development. This honor is followed by another recent accolade, being named on the Forbes list of Canada’s Best Employers 2024.
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
FEBRUARY 9, 2024
Schneider Downs launches SD Digital; Bowers CPAs & Advisors relocates in Rochester; and more news from across the profession.
NextProcess
FEBRUARY 9, 2024
The modern business world is highly technical. Many companies are digitizing and automating, putting technology to work streamlining, enhancing, and simplifying key financial processes. In the accounts payable department, automating AP cuts costs , reduces errors, speeds up processing, and improves visibility. Those benefits come from the design of quality AP software, but they’re also enabled by your company continuing to practice basic accounts payable essentials.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
CSI Accounting & Payroll
FEBRUARY 9, 2024
When you own a small business, you don’t always have enough cash to make the moves you want to make – and that’s okay! There are plenty of lending options available to you. How do you know which one to choose? At CSI Accounting & Payroll, we’ve worked with small business finances for over 50 years. When our clients need to borrow money, they ask us: What are the long-term loan options for small businesses?
Accounting Today
FEBRUARY 9, 2024
The Internal Revenue Service revised its frequently asked questions page on the Premium Tax Credit used for buying health insurance through the ACA marketplaces.
Nanonets
FEBRUARY 9, 2024
ICFR is more than a "check the block" exercise; effective and quality ICFR describes an entire ethos of financial transparency and accountability. ICFR runs the gamut of control systems and processes a company takes to ensure the validity of its financial statements and stay out of hot water with regulators, investors, and stakeholders. While ICFR seems complex, considering the abundant resources available, many steps are common sense and easily implemented.
Accounting Today
FEBRUARY 9, 2024
The American Institute of CPAs sent letters to the Treasury and the IRS asking for filing relief for taxpayers affected by major disasters and for more guidance on information returns for grantor trusts.
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.
Insightful Accountant
FEBRUARY 9, 2024
Gary, Tim, and Kaleb discuss leveraging integrated tools to achieve "Zero AR" and address talent shortage, capacity planning, and firm growth.
Accounting Today
FEBRUARY 9, 2024
Many downstream accounting tech solutions are simply not ready for full automation and AI-powered transactions.
Accounting Fun
FEBRUARY 9, 2024
His Majesty's Revenue and Customs is typically only ever referenced as HMRC. Not everyone uses the acronym politely. A couple of variations I have heard are: HM Mars C - emphasising that negotiations can be warlike (Mars being the Greek god of war) and HM Arsy - an equally negative sounding approach. Any more?
Accounting Today
FEBRUARY 9, 2024
The short report by Muddy Waters accuses Fairfax of manipulating asset values to the point that a "conservative adjustment" would reduce its book value by roughly $4.5 billion, or 18% lower than reported.
Advertisement
All accounting teams know what it is like to dread the inevitable month-end scaries. If there was a way to feel less burdened and maybe even a little enthusiastic to work on your month-end close and reconciliation process, would you do it? No, don't answer that, of course you would! Automate your month-end close process by up to 40% with SkyStem's ART and see how much more alive you feel!
Accounting Tools
FEBRUARY 9, 2024
What is Working Capital? Working capital is the amount of an entity's current assets minus its current liabilities. The result is considered a prime measure of the short-term liquidity of an organization. A strongly positive working capital balance indicates robust financial strength, while negative working capital is considered an indicator of impending bankruptcy.
Tipalti
FEBRUARY 9, 2024
Vendor management is the process of supporting and empowering vendors through establishing and nurturing long-term relationships with them.
Accounting Tools
FEBRUARY 9, 2024
Revenue Recognition for Contributions When a not-for-profit entity receives a contribution, it should recognize revenue when the contribution is received, and measure the amount of revenue at the fair value of the contribution. If there are restrictions imposed by the donor, this impacts how the contribution is classified, as either a change in: Unrestricted net assets Temporarily restricted net assets Permanently restricted net assets A restriction by a donor can impact the timing of revenue re
AvidXchange
FEBRUARY 9, 2024
With all the buzz surrounding artificial intelligence (AI), many accounts payable (AP) professionals are wondering how to use AI in accounting and finance. The technology can streamline tasks and ease the daily workload. In this article, we’ll share tips on how to use AI in accounting and finance uncovered during our recent “ AI 301: Debunking Common Misconceptions About AI in AP ” episode on the AvidXchange Net 30 podcast.
Advertisement
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.
Accounting Tools
FEBRUARY 9, 2024
What is the Cost to Cost Method? The cost to cost method is used by project accountants to determine the percentage of completion of a project, and therefore the amount of revenue that can be recognized. It is an underlying component of the percentage of completion method. The cost to cost method is a favored approach by those who want to recognize the largest possible proportion of project revenues in the early stages of a project, since most of the direct material costs are incurred at the beg
NACM
FEBRUARY 9, 2024
?️On today's episode of NACM's Extra Credit podcast. In the B2B credit industry, credit managers can also use scores to help gauge how much credit to extend and make credit decisions.⭐Hear from Kristin Caswell, MBA; Nate Yagle, MBA; and David Escobar!#creditscore#creditrisk#creditmanager#ordertocash#b2bpayments#b2btrade#riskmanagement#crediteduc.
Billing Platform
FEBRUARY 9, 2024
There are numerous billing frequencies available (bi-monthly, monthly, quarterly, etc.), subscription-based companies typically offer an annual subscription or monthly payment plan. Many will give customers a choice between the two, but have you given much thought as to which payment model is better for your business? While there’s not a definitive answer to this question, there are some basic tactics that will put you on track to long-term growth and profitability, while providing wide customer
Accounting Tools
FEBRUARY 9, 2024
Downsizing involves laying off employees for a variety of reasons, such as a downturn in sales volume , the closure of a facility, or an acquisition that results in redundant positions. In these situations, the employment of a number of employees is terminated through no fault of their own. A variation on the concept is a furlough, where employees are laid off but also offered the opportunity to return at a later date; this concept is most common in seasonal industries or where there is an expec
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.
Accounting Tools
FEBRUARY 9, 2024
What is Revenue Recognition? Revenue recognition is the conditions under which an organization can recognize a sale transaction as revenue. The intent of revenue recognition is to do so in a manner that reasonably depicts the provision of services to customers , for which consideration is paid that reflects the amount to which the seller expects to be entitled.
Let's personalize your content