Accounting Today
JULY 12, 2023
The Internal Revenue Service has been sending out erroneous balance due notices demanding taxpayers in federal disaster areas pay up, even though they're supposed to get extra time.
Insightful Accountant
JULY 12, 2023
Have you gotten an email saying your ProAdvisor status expired June 30, even though you passed recertification? Well, I did.
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Accounting Today
JULY 12, 2023
The Institute of Management Accountants' chair for fiscal year 2024, Richard Brady, is helping the organization as it transitions from its longtime president and CEO, Jeff Thomson, to a new one, Mike DePrisco.
Insightful Accountant
JULY 12, 2023
Continuing with his 'Clues about Top 100 2024' series, Murph examines what another award recipient's formal application reveals about the 'quest for the best.
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
JULY 12, 2023
U.S. prosecutors and IRS agents are looking to build cases against individuals suspected of illegally taking advantage of breaks that lured crypto traders and fund managers.
Accounting Tools
JULY 12, 2023
Related Courses Cost Accounting Fundamentals What is an Unfavorable Variance? An unfavorable variance is encountered when an organization is comparing its actual results to a budget or standard. The variance can apply to either revenues or expenses , as noted below. Unfavorable Revenue Variance When the amount of actual revenue is less than the standard or budgeted amount.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Economize
JULY 12, 2023
This article provides an in-depth examination of top ITFM tools, reveals crucial factors for tool selection, and uncovers the significance of ITFM in controlling IT costs. Ideal for professionals seeking to refine their cost management strategies, this piece encapsulates a wealth of knowledge, critical insights, and expert advice on effective IT expenditure.
Accounting Today
JULY 12, 2023
A bipartisan duo, Sens. Cynthia Lummis and Kirsten Gillibrand, unveiled their latest effort to regulate the cryptocurrency industry.
CloudZero
JULY 12, 2023
Using the cloud is like ordering a meal from a restaurant. You can choose the type of food you want. You decide the amount you want to order. And, you choose the frequency you want to have it delivered to you.
Accounting Today
JULY 12, 2023
In July's Cybersecurity for CPAs we learn the importance of never, ever, EVER losing that USB stick your client gave you.
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
JULY 12, 2023
Funding follows period of record growth as the company empowers SMBs and mid-market companies with financial insights to navigate the uncertain economic landscape.
Accounting Today
JULY 12, 2023
This week's Vendor Spotlight features Waseem Daher, co-founder and CEO of bookkeeping solutions provider Pilot.
Dext
JULY 12, 2023
Lights, camera, action! On the bustling floor of the recent Accountex London Show, our CEO Sabby Gill took centre stage. In a discussion with the Accounting Influencers Podcast, Sabby shed light on Dext’s current trajectory, our unique company culture and our exciting plans for the future.
Accounting Today
JULY 12, 2023
See which 20 states grew their tax revenue the most last year.
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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 Tools
JULY 12, 2023
Related Courses Business Ratios Guidebook The Income Statement The Interpretation of Financial Statements What is Gross Margin? Gross margin is a company’s net sales minus its cost of goods sold. The gross margin reveals the amount that a business earns from the sale of its products and services, before the deduction of any selling and administrative expenses.
Accounting Today
JULY 12, 2023
Plus a major revamp at Twitter, AI hallucinations hit professional services, and other important stories.
Accounting Tools
JULY 12, 2023
Related Courses Human Resources Guidebook Optimal Accounting for Payroll Payroll Management What is a Gross Salary? Gross salary is the aggregate amount of fixed wages earned by a person over a specific period of time. Thus, one might refer to gross salary per week, month, or year. The most common usage of the term is gross salary earned over a year.
Accounting Today
JULY 12, 2023
The tax services and software provider has made another acquisition in the property tax area.
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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.
Accounting Tools
JULY 12, 2023
Related Courses How to Conduct an Audit Engagement What is an Audit Approach? An audit approach is the strategy used by an auditor to conduct an audit. The approach taken varies by client, and depends on a number of factors, including the following: The nature of the client and the industry in which it operates The scope of the engagement The adequacy of the client's system of controls The level of cooperation received from the client The approach chosen should be both effective and efficient ,
Accounting Today
JULY 12, 2023
Creating clear, flexible pathways for advancement empowers accountants to envision their growth beyond the traditional structure.
Accounting Tools
JULY 12, 2023
Related Courses Corporate Finance Investor Relations Public Company Accounting and Finance What are Blue Sky Laws? Blue sky laws were enacted by state governments to prevent securities dealers from committing fraud through the sale of fake securities to investors. These laws generally require the registration of issuers and dealers with state regulatory agencies.
Bookkeeping Express
JULY 12, 2023
In today’s rapidly evolving business landscape, small businesses face numerous challenges. One critical aspect that plays a vital role in their success is bookkeeping. While traditional bookkeeping methods have served their purpose for decades, the advent of technology is reshaping this field. As we look to the future, it becomes crucial to understand the emerging trends and advancements that will shape the future of bookkeeping for small businesses.
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
JULY 12, 2023
Related Courses New Manager Guidebook Understanding Organizational Behavior What is Goal Congruence? Goal congruence is a situation in which people in multiple levels of an organization share the same goal. A well thought-out organizational design causes goal congruence and results in an organization being able to work together to accomplish a strategy.
NACM
JULY 12, 2023
It's hard to believe that one month has already passed since NACM's 127th Credit Congress! Roughly 150 out of 830 Credit Congress attendees experienced the event for their very first time. Laura Luotonen, regional credit manager at Orgill, Inc. (Collierville, TN), a first-time attendee at this year's Credit Congress, is one year into her new job an.
Accounting Tools
JULY 12, 2023
Related Courses Bookkeeping Guidebook Records Management What are Financial Records? Financial records are documents that provide evidence of or summarize business transactions. A well-organized set of financial records is an essential part of an accounting department. At the most detailed level, financial records can include invoices and receipts. At a more aggregated level, financial records include subsidiary ledgers , the general ledger , and the trial balance.
Future Firm
JULY 12, 2023
An effective marketing scheme is one of the common struggles of modern firms. In this podcast, I shared a crucial marketing strategy that every single firm should adopt, the reasons why you should have it, and provide practical steps to execute it successfully. Listen Below. 0:37 – Every business should adopt a fundamental marketing tactic: the consistent distribution of an email newsletter to engage with clients, prospects, and leads. 1:08 – Once you establish an appropriate framewo
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 Tools
JULY 12, 2023
Related Courses Accounting for Investments Corporate Finance GAAP Guidebook What is a Gain on Retirement of Bonds? A gain on retirement of bonds occurs when a bond issuer buys back bonds for less than the amount of the associated liability. The liability is the carrying amount of the bonds; this is the face value of the bonds, minus any unamortized discount (or plus any unamortized premium), minus any unamortized bond issuance cost.
Accounting Today
JULY 12, 2023
The Biden administration secured an extension of a worldwide freeze on new digital taxes, putting it on a collision course with Canada after Ottawa refused to endorse the deal.
Accounting Tools
JULY 12, 2023
Related Courses Accounting for Inventory Cost Accounting Fundamentals What is Factory Burden? Factory burden is those costs incurred in the production process, other than direct costs. These costs are accumulated into cost pools at the end of each reporting period, and then allocated to units of production. The allocated costs are eventually charged to expense when the associated units of production are sold.
Accounting Tools
JULY 12, 2023
Related Courses Fixed Asset Accounting How to Audit Fixed Assets What are Furniture and Fixtures? Furniture and fixtures are larger items of movable equipment that are used to furnish an office. Examples are bookcases, chairs, desks, filing cabinets, and tables. This is a commonly-used fixed asset classification that is categorized as a long-term asset on an organization's balance sheet.
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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.
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