Accounting Today

OCTOBER 11, 2023

New best practices to help practitioners prepare for the inevitable are just some of the new developments going on at the service, according to NCCPAP.

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Tax 231

Blake Oliver

OCTOBER 11, 2023

A University of Denver professors suggests replacing the 150-hour rule with a four-year degree and two years of work experience.

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CPA Accounting Accounting 129

Accounting Today

OCTOBER 11, 2023

The median growth rate hit 9.1% in net revenue in fiscal year 2022, according to a new survey, over double the 4.2% growth rate of fiscal year 2020.

CPA 300

CPA 300

AvidXchange

OCTOBER 11, 2023

As the year winds down, professionals in the real estate industry are naturally looking forward, planning budgets and goals for next year. Our 2024 real estate forecast predicts significant change in the retail and commercial sectors as well as an increased focus on building organizational efficiencies with technology. Below are a few of the top trends that will impact the 2024 real estate forecast.

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Budgeting Accounts Payable Accounts Payable AP 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

OCTOBER 11, 2023

Nearly half the directors on corporate boards would like to see one of the other members replaced, but few changes are happening, according to a new survey.

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Accounting Accounting 288

Ace Cloud Hosting

OCTOBER 11, 2023

A robust POS (Point of Sale) application is essential for a retail or service-based business to efficiently manage sales, inventory, and customer data.

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QuickBooks 105

Insightful Accountant

OCTOBER 11, 2023

Murph has once again compiled a synopsis of some of the key pieces of 'Business News' impacting both our US and international readership.

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Accounting Today

OCTOBER 11, 2023

When Caroline Ellison asked the former CEO in 2020 whether the line of credit would show up in FTX's audit, he said, "don't worry, the auditors aren't going to look at that," she testified.

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Auditing 171

Reconciled Solutions

OCTOBER 11, 2023

If you own a business in Illinois, make sure you are prepared for the Paid Leave for All Workers Act. Start with these quick facts. The post Illinois Paid Leave for All Workers Act: What you need to know appeared first on Reconciled Solutions.

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Reconciling 89

Accounting Today

OCTOBER 11, 2023

Negotiators presented a legal text that sets out who can levy the profits of the world's biggest corporations in order to prevent a resurgence of trade tensions.

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Tax Corporation Tax 171

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

OCTOBER 11, 2023

Related Courses Bookkeeping Guidebook How to Audit Equity The Balance Sheet What are Equity Accounts? Equity accounts are the financial representation of the ownership of a business. Equity can come from payments to a business by its owners, or from the residual earnings generated by a business. Because of the different sources of equity funds, equity is stored in different types of accounts.

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Accounting Accounting Bookkeeping Auditing 76

Accounting Today

OCTOBER 11, 2023

Whether a qualified, disclaimer or adverse opinion is given depends on the nature and scale of the problem, and some states had lots of problems.

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Auditing Budgeting Accounting Accounting 171

Accounting Tools

OCTOBER 11, 2023

Related Courses Accountants’ Guidebook Bookkeeper Education Bundle Bookkeeping Guidebook Introduction to Accounting Basics Accounting is the practice of recording and reporting on business transactions. The resulting information is an essential feedback loop for management, so that they can see how well a business is performing against expectations.

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Accounting Accounting Record Keeping Purchase Order 75

Accounting Today

OCTOBER 11, 2023

In this week's Vendor Spotlight, we hear from Ilya Radzinsky, co-founder and CEO of TaxDome.

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Tax 177

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Accounting

Accounting Tools

OCTOBER 11, 2023

Related Courses Business Ratios Guidebook Key Performance Indicators The Interpretation of Financial Statements What are Financial Ratios? Financial ratios compare different line items in the financial statements to yield insights into the condition and results of a business. These ratios are most commonly employed by individuals outside of a business, since employees typically have more detailed information available to them.

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Financial Statements Accruals Billing Collections 75

Accounting Today

OCTOBER 11, 2023

The changes aim to make the ESG rules more relevant to a global audience.

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Accounting Accounting 188

Accounting Tools

OCTOBER 11, 2023

Related Courses Bookkeeper Education Bundle Bookkeeping Guidebook What are Expenses? An expense is an incurred cost that has been consumed in order to earn revenues. Examples of expenses are compensation expense, rent expense , the cost of goods sold , and utilities expense. What are Losses? A loss is a reduction in value that is not related to earning revenue.

Bookkeeping 75

Bookkeeping 75

Economize

OCTOBER 11, 2023

The agility and scalability offered by AWS services are unparalleled, the only downside is the complexity involved in managing cloud costs. The paradox is clear: as you unlock more cloud capabilities, you must also manage a complex web of billing and expenditure. AWS Budgets is a go-to resource for keeping AWS costs transparent and manageable.

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Budgeting Billing Computation 59

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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

Accounting Tools

OCTOBER 11, 2023

Related Courses Accounting for Inventory Cost Accounting Fundamentals Operations Management What is Total Manufacturing Cost? Total manufacturing cost is the aggregate amount of cost incurred by a business on its production operations within a reporting period. It includes all possible costs incurred by the production function, including direct materials , direct labor , and factory overhead.

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Cost Accounting Payroll Budgeting Tax 75

Future Firm

OCTOBER 11, 2023

Despite many businesses not practicing this yet, having an online community is trending heavily as of late. In this episode, I shared the reasons why you should consider starting your own online community for your clients. Listen Below. 0:53 – An online community unites people with shared interests, enabling collaboration, problem-solving, resource sharing, networking, and faster goal attainment. 2:08 – Some firms have already embraced this strategy, including RealtyTax, in which its

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Bookkeeping Tax Accounting Accounting 52

Nanonets

OCTOBER 11, 2023

Introduction Confluence is a collaboration tool developed by Atlassian, designed to help teams collaborate and share knowledge efficiently. In the modern workspace, the ability to work together digitally is invaluable. Confluence facilitates this by offering a platform where teams can create, share, and collaborate on projects all in one place. Beyond mere collaboration, Confluence stands out with features like real-time editing, integration with other Atlassian products, and a user-friendly int

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Computation 52

Outsourced Bookeeping

OCTOBER 11, 2023

Are you looking for an effective financial strategy that allows you to minimize your tax liabilities? Are your tax obligations becoming too much for you? This is where a tax plan comes in! A tax plan is not an invention of the 20 th Century but has existed for a long time as many businesses and individuals use tax plans to manage their tax liabilities.

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Outsourced Bookkeeping Tax Bookkeeping Accounts Payable 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.

Accounting Tools

OCTOBER 11, 2023

Related Courses Corporate Finance Investor Relations Guidebook Public Company Accounting and Finance What is the Price Earnings Multiple? The price earnings multiple compares the earnings per share reported by a company to the market price of its common stock. This multiple is used by investors to judge how expensive a share of the company's stock is.

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Corporate Finance Accounting Accounting 40

NACM

OCTOBER 11, 2023

B2B credit management is more than just a career—it's a lifestyle. Credit professionals are constantly adapting and learning more about industry trends, their customers, their peers and themselves. With six levels of professional certifications in NACM's Professional Certification Program, credit professionals are not only gaining knowledge and sha.

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Accounting Tools

OCTOBER 11, 2023

Related Courses Business Ratios Guidebook Key Performance Indicators The Interpretation of Financial Statements Operating ratios compare the operating expenses and assets of a business to several other performance benchmarks. The intent is to determine whether the amount of operating expenses incurred or assets used is reasonable. If not, management can take steps to prune back on certain expenses or assets.

Financial Statements 40

Financial Statements Customer Service Tax 40

Nanonets

OCTOBER 11, 2023

Scattered Communication across tools eats into critical sales time of your sales rep. A report from Mckinsey says about a 3rd of all sales ops tasks can be automated and help managers generate 25-30% higher revenue per rep. A deeper dive into the deal value chain shows a complex intertwining of tools that require painful manual work in each step of the chain - Deal Steps Activities % Potential Automation Feasibility Assessment Use Typeform to get customer requirements, collaborate with product t

Accounting 52

Accounting Accounting 52

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

OCTOBER 11, 2023

Related Courses Bookkeeping Guidebook Corporate Cash Management How to Audit Cash Optimal Accounting for Cash What is a Voided Check? A voided check is a check that has been cancelled. Once it has been appropriately voided, a check cannot be used. There are several possible reasons for a voided check. For example, there was a mistake in filling out the check, or the check was blank or only partially filled in, or the check was issued in error, or the check was submitted by an employee to an empl

Deposits 40

Deposits Payroll Bookkeeping Auditing 40

Cloud Accounting Podcast

OCTOBER 11, 2023

Blake and David dig into the use of AI agents in solving problems, emphasizing the effectiveness of assigning different roles to the agents and having them interact with each other to reach satisfactory results. They also discuss the latest accounting news, including the recent arrest of an IRS contractor, the IRS slashing the PTIN fee, ongoing trials, and cyber-attacks.

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CPA Accounting Accounting Deposits 46

Accounting Tools

OCTOBER 11, 2023

Related Courses Bookkeeper Education Bundle Bookkeeping Guidebook What is the Cash Conversion Cycle? The cash conversion cycle measures the time period required to convert resources into cash. The intent behind the measurement is to determine how long invested funds are tied up in the production and sales processes. A short duration cash conversion cycle allows a business to be operated with a smaller up-front cash investment.

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Collections Bookkeeping Billing Invoicing 40

Accounting Tools

OCTOBER 11, 2023

Related Courses Cost Management Revenue Management What is a Cost Center? A cost center is a reporting unit of a business that is responsible for costs incurred. An example of a cost center is the maintenance department of a business, where its manager is only rated on the amount of costs incurred to maintain facilities and equipment at a predetermined level.

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.