Accounting Today

JULY 25, 2023

The International Organization of Securities Commissions officially approved sustainability and climate disclosure standards from the International Sustainability Standards Board.

Accounting 246

Accounting Accounting 246

Fidesic blog

JULY 25, 2023

Last year we published a post about the impact of the 2020 pandemic on accounts payable, in particular, the rise in digital B2B payment methods. As with many of the new trends we saw during the pandemic, this one didn’t go away.

Accounts Payable 245

Accounts Payable Accounts Payable Accounting Accounting 245

Accounting Today

JULY 25, 2023

The Treasury Inspector General for Tax Administration said the IRS does an admirable job addressing cyberthreats, but said the agency should improve its documentation of them.

Tax 246

Tax 246

Accounting Department

JULY 25, 2023

In the dynamic and competitive business landscape, financial planning and analysis (FP&A) plays a crucial role in guiding organizations toward success. By utilizing key metrics, FP&A provides valuable insights into a company's financial health, identifies trends, and helps business owners make informed decisions that drive profitability and strategic growth.

Accounting 202

Accounting Accounting 202

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

JULY 25, 2023

The board's inspectors are finding 'unacceptable' levels of problems at auditing firms, with year-over-year increases once again.

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Auditing 245

CloudZero

JULY 25, 2023

Today's development and operations teams are intertwined like the strands of a rope. The two heavily depend on each other to form a stronger, more solid unit. Unlike traditional teams that worked in silos, today's developers and operations’ workflows should work like a well-oiled machine.

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LedgerDocs

JULY 25, 2023

For the modern bookkeeper, time is money. The more tasks that can be automated, without compromising the accurate tracking and managing of clients’ financial data, the better. When managing the financial transactions of an individual or a business, keeping track of financial transactions is an essential step for budgeting, tax filing, and overall financial planning.

Data Entry 79

Data Entry Bookkeeping Reconciling Tax 79

Accounting Today

JULY 25, 2023

Forvis added Thales Consulting; and RSM South Africa merged in Ngubane Johannesburg.

Accounting 246

Accounting Accounting 246

Insightful Accountant

JULY 25, 2023

For this 'Warehouse Wednesday,' Murph sets out to make you app aware of a newbie in the QuickBooks Online App Store—a multi-channel order management solution called OrderEase.

QuickBooks 73

QuickBooks 73

Accounting Today

JULY 25, 2023

The Government Accountability Office called for Congress to pass blockchain regulation legislation to shore up the federal regulatory apparatus.

Accounting 189

Accounting Accounting 189

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.

Accounting Tools

JULY 25, 2023

Related Courses Bookkeeper Education Bundle Bookkeeping Guidebook What is Journalizing? Journalizing is the process of recording a business transaction in the accounting records. This activity only applies to the double-entry bookkeeping system. The steps involved in journalizing are noted below. Journalizing can result in entries to the general ledger or to subsidiary ledgers.

General Ledger 75

General Ledger Accounts Payable Accounts Payable Bookkeeping 75

Accounting Today

JULY 25, 2023

The managing partner of GRF CPAs & Advisors is paving the way for future accounting leaders to pursue non-traditional careers.

Accounting 130

Accounting Accounting 130

Accounting Tools

JULY 25, 2023

Related Courses Sales and Use Tax Accounting Overview of Sales Taxes Customers must be charged a sales tax on some sales transactions if the seller has nexus in the territory of the government entity that charges the tax. Nexus is the concept that you are doing business in an area if you have a place of business there, use your own vehicles to transport goods to customers, or (in some cases) have employees situated or living there.

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Tax Accounting Accounting Accounts Receivable 74

Accounting Today

JULY 25, 2023

Accountants are a natural fit to provide sustainability services.

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CPA Accounting Accounting 189

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Accounting

Insightful Accountant

JULY 25, 2023

"Wake-up and smell 'the new release'!" Intuit is pushing out maintenance release updates to all QuickBooks Desktop products for 2023, 2022 and 2021.

QuickBooks 71

QuickBooks 71

Accounting Today

JULY 25, 2023

The crackdown on the potentially listed transactions could bring stiff penalties to both clients and tax advisors.

Tax 100

Tax 100

Blake Oliver

JULY 25, 2023

AI doesn’t need to be 100% accurate to be incredibly useful in accounting. It's about achieving an acceptable level of accuracy. During a recent conference presentation on AI and accounting, I discussed both the promise and limitations of artificial intelligence. One audience member asked a thoughtful question - how do we ensure the accuracy of AI? One way to do this is to have one AI produce an output, and another AI validate the accuracy and assign a confidence score.

Accounting 52

Accounting Accounting 52

Accounting Today

JULY 25, 2023

AI and the IRS; the 1099-DA; your best banking products; and other highlights from our favorite tax bloggers.

Tax 100

Tax 100

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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.

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FundThrough

JULY 25, 2023

As entrepreneurs ourselves, we understand the challenges of maintaining a steady cash flow. We empathize with the stress of needing to cover daily expenses or pursue growth projects while valuable working capital remains tied up in accounts receivable. It’s a difficult situation that can hinder your business’s progress and hinder your ability to seize new […] The post Factoring Companies in California appeared first on FundThrough.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables Accounting 52

Nanonets

JULY 25, 2023

What is financial data analysis? Gartner defines financial analysis as the process that provides “insight into the financial performance of an organization.”   It falls under the umbrella of business intelligence (BI) and enterprise performance management (EPM), utilizing technologies and strategies to analyze data and generate reports.

Financial Analysis 52

Financial Analysis Data Entry Budgeting Financial Reporting 52

Blake Oliver

JULY 25, 2023

AI doesn’t need to be 100% accurate to be incredibly useful in accounting. It's about achieving an acceptable level of accuracy. During a recent conference presentation on AI and accounting, I discussed both the promise and limitations of artificial intelligence. One audience member asked a thoughtful question - how do we ensure the accuracy of AI? One way to do this is to have one AI produce an output, and another AI validate the accuracy and assign a confidence score.

Accounting 52

Accounting Accounting 52

Nanonets

JULY 25, 2023

Business today face the challenge of managing large volumes of financial data, producing accurate and timely reports so as to draw actionable insights from them. This is where financial reporting automation comes into play. By harnessing the power of technology and automation, businesses can streamline their financial reporting processes, improve efficiency, and make more informed decisions.

Financial Reporting 52

Financial Reporting Data Entry Financial Statements Budgeting 52

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.

FundThrough

JULY 25, 2023

Choosing the right factoring company in Oklahoma can be challenging, especially when you’re looking for a solution that truly addresses your cash flow needs. We understand this challenge from our own entrepreneurial experiences and want to make your journey a little smoother. In this guide, we aim to simplify your search by breaking down the […] The post The 4 Best Factoring Companies in Oklahoma appeared first on FundThrough.

Invoicing 52

Invoicing 52

Insightful Accountant

JULY 25, 2023

Lockstep's Matthew Shanahan examines the benefits of online payments—and why it matters to you.

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52

Accounting Tools

JULY 25, 2023

Related Courses Business Insurance Fundamentals Enterprise Risk Management What is Adequacy of Coverage? Adequacy of coverage refers to whether insurance or hedging has been used to provide a sufficient level of loss protection for an asset. For example, a business owner takes out flood insurance to provide coverage for his business. Adequacy of coverage involves measuring the extent to which the insurance coverage covers the value of the business.

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NACM

JULY 25, 2023

What better way to network and learn with colleagues than to attend NACM's annual Credit Congress and Expo? Last month, we held the 127th Credit Congress & Expo in Grapevine, TX with several new faces.As a first timer at Credit Congress, you may not know what to expect. "My first-time experience was both enriching and fulfilling," said Erika Ba.

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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

Accounting Tools

JULY 25, 2023

Related Courses Corporate Finance Financial Analysis What is the Annualized Rate? The annualized rate is the computed amount of return that would be realized if a short-term investment were to be extrapolated for a period of one year. For example, if an investment lasting four months has a 3% rate of return, then its annualized rate would be 9%. Using annualized rates to compare investments having different durations can cause incorrect investment decisions, since doing so assumes that short-ter

Financial Analysis 40

Financial Analysis Corporate Finance Computation Accounting 40

Accounting Today

JULY 25, 2023

The Senate Finance Committee is questioning whether the sum amounted to gifts for which the private equity leader owes taxes.

Tax 242

Tax 242

Accounting Tools

JULY 25, 2023

Related Courses Business Ratios Guidebook Key Performance Indicators The Interpretation of Financial Statements What are the Ratios for Analyzing a Balance Sheet? Balance sheet ratios compare the various line items on a balance sheet in order to infer the liquidity , efficiency , and financial structure of a business. The following list includes the most common ratios used to analyze the balance sheet.

Accounts Payable 40

Accounts Payable Accounts Payable Accounts Receivable Accounts Receivable 40

Accounting Tools

JULY 25, 2023

Related Courses The Interpretation of Financial Statements The Statement of Cash Flows What is the Purpose of the Statement of Cash Flows? The purpose of the statement of cash flows is to present cash inflows and outflows for a reporting period to the reader of the report. These inflows and outflows are further classified into operating, investing, and financing activities.

Accruals 40

Accruals Financial Statements Tax Accounting 40

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