Tue.Apr 23, 2024

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Submissions open for 2024 Top Firms by AUM

Accounting Today

Accounting Today is in the midst of surveying CPA firms with wealth management practices for this year's 'Wealth Magnets' ranking.

CPA 333
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Small businesses are hiring: what to consider when growing your workforce

Xero

The latest Xero Small Business Insights (XSBI) data is a good reminder about the important contribution your small business makes to your local community, particularly around job opportunities. There are more people working in small businesses than a year ago in the three countries where we track jobs (Australia, New Zealand and the UK). In fact, jobs growth is either already well above average, as seen in New Zealand, or accelerating.

XERO 211
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ISSB to research nature and human capital risks, opportunities

Accounting Today

The research will focus on investor needs and build on relevant preexisting initiatives when possible.

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FinOps Maturity: Using the Model to Assess your Capabilities

FinOps Foundation

Key Insight: The FinOps Maturity Model – often referred to by its stages “Crawl, Walk, and Run” – is a key component of the FinOps Framework. The goal for organizations is not to get to the “Run” stage across all Capabilities of the FinOps Maturity Model, but to perform each Capability at the appropriate level of maturity for your environment.

FinOps 130
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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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.

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Tax Strategy: IRS loses on conservation easements ­­— for now

Accounting Today

The situation in the long term still looks favorable for the IRS: It now has specific authority to attack syndicated conservation easements that are too abusive.

Tax 226
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What is RouteWise? Accounts Payable Tools

Fidesic blog

What is RoueWise? RouteWise by Fidesic is a visual workflow editor that makes it easy to setup and maintain invoice approval processes within your accounts payable department.

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Save money on every invoice you process with automated accounts payable software

Cevinio

Automated accounts payable software transforms your business by cutting costs and boosting efficiency.

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Former ADM CFO to resign after accounting probe

Accounting Today

Luthar, who was suspended in January, will be 'available to assist the company and provide transitional support' as a non-executive employee until Sept. 30.

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The Top 25 Up-n-Coming ProAdvisors for 2024

Insightful Accountant

Insightful Accountant proudly announces this year's Top 25 Up-n-Coming ProAdvisors. Congratulations to all being recognized as this year's award recipients.

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Does a CPA really need to do it?

Accounting Today

Solve your talent woes by getting the right people doing the right work at the right time.

CPA 221
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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

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.

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Workforce Wednesday: QBO Expense Claims - Part 2

Insightful Accountant

In this edition of Workforce Wednesday, Murph finishes up his two-part mini-series on QBO Expense claims by inviting employees to submit expenses, capturing and submitting expense claims, and reviewing and approving expense claims.

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The brave new world of taxing digital bundles

Accounting Today

How do you charge sales tax when different kinds of digital product are sold together?

Tax 183
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If You Missed the Federal Tax Filing Deadline, IRS Assistance is Available

Insightful Accountant

Missed the April tax deadline? File ASAP. IRS aids those unable to pay in full. File promptly if you owe to reduce penalties and interest.

Tax 90
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Boomer's Blueprint: Branding is important for CAS

Accounting Today

At its core, CAS/CAAS aims to transcend traditional transactional and compliance services, venturing into the realms of advisory and consulting.

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Your New & Improved Month-End Close Process Is Not So Far Out of Reach!

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!

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Quick Ratio: A Liquidity Metric for Small Businesses

Counto

Quick Ratio: A Liquidity Metric for Small Businesses For small business owners, mastering financial metrics is crucial, and the Quick Ratio is an essential tool. This straightforward indicator helps assess your company’s ability to cover short-term obligations using its most liquid assets, ensuring you’re prepared to handle financial commitments efficiently What is the Quick Ratio?

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In the blogs: Back to the grind

Accounting Today

What to do next month; White House returns; taxing AI; and other highlights from our favorite tax bloggers.

Tax 131
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3 keys to managing SMB cash flow smartly

Plooto

It’s no secret rebounding from the economic challenges of the pandemic has been especially difficult for small to medium-sized businesses (SMBs). According to a recent poll by American Express Canada, 63% of SMBs said that cash flow issues were impeding their growth — and many of the challenges cited came down to problems just nailing the basics of financial management.

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IRSAC seeks nominations, establishes 'fairness' subcommittee

Accounting Today

The IRS Advisory Council is looking for new members, and help with fairness in tax administration.

Tax 131
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The Definitive Guide to Spend Management

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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Tips for Automating Cash Apps

oAppsNet

Automating cash apps can be a game-changer in how you handle your finances, offering many benefits such as convenience, efficiency, and accuracy. In this comprehensive guide, we’ll delve into seven effective strategies to help you harness the full potential of automating cash apps, whether managing personal finances or overseeing business transactions.

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Accounting Trends for 2024

Analytix Finance & Accounting

Several external factors are shaping the accounting landscape, including the increasing influence of artificial intelligence (AI) , automation, a greater focus on advisory services, and the growing importance of data security. For small and medium-sized businesses balancing time constraints and ambitious goals, we’ve curated a list of emerging accounting trends to stay informed and ahead in today’s dynamic business landscape. #1.

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NetSuite vs Quickbooks in 2024

Nanonets

Many small businesses need help managing their finances because bookkeeping is manual. Fortunately, accounting software can automate many of the tasks related to financial management.  The most popular are  Oracle   NetSuite  (formerly NetSuite Accounting) and  QuickBooks  (formerly QuickBooks Accounting). These software solutions can save you time and money by automating many bookkeeping tasks.

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Member Spotlight: For the Love of Credit

NACM

B2B trade credit professionals are not confined to any one set of responsibilities or one single role. It's a profession that branches out into multiple areas of work. Even for those who did not start out in the profession at the beginning of their career—credit has opened doors for new opportunities. Through NACM's Professional Certification Progr.

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Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

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.

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A Complete Guide to NetSuite Account Reconciliation

Nanonets

A Guide to NetSuite Account Reconciliation Accurate financial records are an important part of any business’ ability to make informed decisions and also adhere to legal regulations. Account reconciliation is a part of this process, helping businesses compare financial data across various sources to identify discrepancies and ensure accuracy.  In this guide, we'll explore how NetSuite, a leading cloud-based ERP solution, streamlines account reconciliation processes, enhances effi

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Are you overpaying your team for annual leave?

Ontrack Bookkeeping

Employees are one of the biggest costs, and the most important asset to a business, and annual holidays are a really important part of your teams health and wellbeing. Ensuring your team are getting what they are entitled to is your responsibility as their employer. If you don’t get it right, it can cause frustration for the employee, friction in the workplace and could land you in hot water with the Employment Relations Authority.

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