Accounting Today

SEPTEMBER 21, 2023

A KPMG poll found more than half of businesses say digital transformation initiatives have exceeded expectations for ROI but this may not necessarily translate into more profits.

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Accounting Department

SEPTEMBER 21, 2023

As a growing business, it's essential to monitor and track various key performance indicators (KPIs). This is crucial in assessing the performance of your business, determining the areas that need improvement, and making informed decisions.

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Financial Reporting 245

Accounting Today

SEPTEMBER 21, 2023

Businesses have been dealing not only with inflation and rising interest rates, but also new requirements for family leave, minimum wage increases, and pay transparency rules.

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Payroll Accounting Accounting 288

AvidXchange

SEPTEMBER 21, 2023

T h e I n s t i t u t e o f F i n a n c e & M a n a g e m e n t (IOFM) ’ s Finance & Accounting Appreciation Week is September 25-29, 2023. Now’s the time to order treats and circulate cards for your hard-working accounts payable (AP) team. AvidXchange’s own Rhonda Greene, principal solutions consultant, said it best: “I’ve never worked with an AP person that didn’t want to make a difference.

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AP Accounting Accounting Invoicing 105

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

Accounting Today

SEPTEMBER 21, 2023

In the complex world of finance and accounting, precision is paramount. Every transaction, every number, every document, and every piece of data holds immense value.

Accounting 293

Accounting Accounting 293

CSI Accounting & Payroll

SEPTEMBER 21, 2023

Engineering companies face complex issues for clients, and your accounting can be equally as challenging. Depending on the size of your company, you may have different concerns. At CSI Accounting & Payroll, we've worked with engineering companies for over 50 years. We know that keeping on top of your accounting is not as straightforward as it is for some other small businesses.

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Accounting Accounting Payroll Small Business Accounting 98

Cloud Accounting Podcast

SEPTEMBER 21, 2023

Buckle up for a wild ride covering everything from brazen ERC scams to cutting-edge AI. Join Blake and David as they expose the rampant fraud sucking billions from the federal coffers. You'll hear an unbelievable voicemail scam promising gangbusters refunds—could it really be Snoop Dogg or is your mind playing tricks? Fast forward to the bleeding edge of technology with jaw-dropping examples of AI voice and face swapping.

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Payroll Tax Accounting Accounting 70

Accounting Today

SEPTEMBER 21, 2023

The consultancy, created by former partners of Arthur Andersen, expects revenue to exceed $1.9 billion this year.

Accounting 299

Accounting Accounting Management Accounting 299

Insightful Accountant

SEPTEMBER 21, 2023

Murph checked out the Canon imageFormula R40 Receipt Edition for QuickBooks Online. See how it captures receipts, extracts key data, and sends the data and image to QuickBooks in a few clicks, and handles other documents just as well.

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QuickBooks 65

Accounting Today

SEPTEMBER 21, 2023

A look at the strengths, weaknesses, opportunities and threats of tools like ChatGPT in promoting professional services.

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Accounting Accounting 287

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.

Ace Cloud Hosting

SEPTEMBER 21, 2023

QuickBooks Hosting is the process of installing the QuickBooks Desktop accounting software on the cloud server, making it accessible via a web browser. It leverages cloud-based technology to deliver enhanced.

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QuickBooks Accounting Software Accounting Accounting 59

Accounting Today

SEPTEMBER 21, 2023

Charity for none; Dr. Backdate; frivolous correspondence; and other highlights of recent tax cases.

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Tax 281

Jetpack Workflow

SEPTEMBER 21, 2023

When you’re already busy running a growing accounting firm, you probably don’t need another article covering the essential accounting tools every firm needs. However, using client accounting services (CAS) software may be helpful as you scale your advisory business. CAS software includes tools for collecting recurring payments, providing your team with a modern sales experience, and staying organized with service fulfillment.

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Accounting Accounting Billing QuickBooks 59

Accounting Today

SEPTEMBER 21, 2023

A trial threatened to descend into chaos after 12 jurors clashed over race and class while weighing charges against a wealthy developer and two others accused of arranging $1.3 billion in phony tax deductions.

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Tax 171

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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

CapActix

SEPTEMBER 21, 2023

The business of CPAs is blossoming in the USA, the UK, and several other parts of the world due to increasing statutory requirements, the emphasis on data-driven business decision-making, better resource management, and other aspects. As the trends have been changing over the past few years, small to large-scale businesses have realized the worth of outsourced accounting to a reliable CPA firm or an offshore accounting company.

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CPA Accounting Accounting Outsourced Bookkeeping 59

Accounting Today

SEPTEMBER 21, 2023

The accounting icon has found yet another way to give back in addition to his teaching, mentoring, writing and many other contributions to the profession.

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Accounting Accounting 171

Insightful Accountant

SEPTEMBER 21, 2023

Gary DeHart and Roman Kepczyk, CPA, discuss the importance and advantages of hosted/remote/cloud based solutions for accounting firms of all sizes.

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CPA Accounting Accounting 65

Accounting Today

SEPTEMBER 21, 2023

Accounting firms need to be bolder with their recruiting, and these four strategies can help.

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Accounting Accounting 226

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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.

AP

Nanonets

SEPTEMBER 21, 2023

To effectively manage procurement and financial processes, it is crucial to understand the distinction between a  purchase order  and an  invoice. While both documents contain similar information, they serve different purposes in the purchasing process. A  purchase order  is issued by the buyer to outline the products or services needed.

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Purchase Order Invoicing Financial Records Record Keeping 52

Accounting Today

SEPTEMBER 21, 2023

As a lecturer, Ed believes in the power of handing down knowledge to future generations.

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Accounting Accounting 164

Nanonets

SEPTEMBER 21, 2023

Finance automation  is revolutionizing the way businesses manage their financial processes, streamlining operations, and maximizing productivity. By utilizing technologies like  artificial intelligence  and  machine learning ,  finance automation  eliminates manual tasks, allowing finance teams to focus on more critical functions such as financial planning and analysis.

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Insightful Accountant

SEPTEMBER 21, 2023

Deloitte's recent '2023 Q3 CFO Signals' survey shows that optimism for the economy is rising among large-company CFOs.

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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.

Nanonets

SEPTEMBER 21, 2023

Managing debts and payments in business involves understanding the crucial differences between accounts payable and notes payable. Accounts payable refers to short-term debts owed to suppliers, partners, or contractors that must be paid within a specific timeframe, usually monthly. On the other hand, notes payable is a broader concept that allows for longer periods of financial planning and control.

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Accounts Payable Accounts Payable Accounting Accounting 52

Accounting Tools

SEPTEMBER 21, 2023

What are Management Advisory Services? Management advisory services are consulting services performed by a specialist organization for its clients. These services are intended to provide advice regarding the operations and finances of clients. The services may address any of the following areas: Asset valuation Business strategy Computer systems Litigation support Mergers and acquisitions Organizational structure Process analysis Risk management A CPA firm may provide management advisory service

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Computation CPA Auditing Tax 40

Nanonets

SEPTEMBER 21, 2023

Accounting problems  can create significant challenges for businesses, affecting their  financial flow  in the  US. Resolving these problems is crucial to ensure a smooth and efficient operation. In this article, we will explore common  accounting problems  faced by businesses and provide  solutions  to overcome them.

Outsourced Bookkeeping 52

Outsourced Bookkeeping Accounting Accounting Financial Reporting 52

Accounting Tools

SEPTEMBER 21, 2023

Related Courses Fraud Examination Fraud Schemes How to Audit for Fraud What is a Bust-Out? A bust-out scheme involves establishing credit , using the maximum amount of the credit, and then not paying the bill. For example, a common practice for the credit department of a business is to grant small amounts of credit to newer customers , and then gradually build up the amount of credit allowed when there is a history by customers of paying on time.

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Billing Auditing 40

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!

Accounting

Nanonets

SEPTEMBER 21, 2023

Quotes and invoices play crucial roles in business transactions, but it's essential to understand how they differ in terms of purpose and function. A  quote  is an estimation of the cost of a product or service that is provided to a potential customer before a sale is made. It outlines the work to be done, materials needed, labor, and the estimated cost.

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Invoicing Invoice Processing Collections Tax 52

Accounting Tools

SEPTEMBER 21, 2023

Related Courses Capital Budgeting Financial Analysis What is the Cost of Capital? The cost of capital is the blended cost of an entity's currently outstanding debt instruments and equity , weighted by the comparative proportions of each one. In reviewing new investments in production equipment, a manager wants the projected return to exceed the cost of capital; otherwise, the entity is generating a negative return on its investment.

Financial Analysis 40

Financial Analysis Budgeting 40

Nanonets

SEPTEMBER 21, 2023

Are you curious about what RFQ means in the context of business? In this comprehensive guide, we will explore the meaning of  RFQ in business  and delve into its significance in the procurement process. Key Takeaways: RFQ stands for "request for quotation" and is a document used in the B2B procurement process. It allows buyers to gather pricing information from vendors and compare the prices of various suppliers.

Accounts Payable 52

Accounts Payable Accounts Payable Accounting Accounting 52

Accounting Tools

SEPTEMBER 21, 2023

Related Courses Revenue Management Revenue Recognition What is Freemium Pricing? Freemium pricing is the practice of offering a basic set of services for free, and enhanced features and/or content for a fee. This approach will result in a large proportion of customers using the company's offerings for free, and a smaller proportion paying for additional services.

Accounting 40

Accounting Accounting 40

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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.