Accounting Department
MAY 11, 2023
For any business owner, one of the key areas of focus should be the company’s future. Financial planning is a vital part of that plan, helping business owners leverage growth and expand their operations. If a business owner hasn’t focused on this aspect, they need to understand what it is, what it does, and how it differs from regular accounting. What Is FP&A?
Ascend Software blog
MAY 11, 2023
Invoicing is an essential aspect of any business, and it is vital to have a good understanding of the key invoice terms to ensure accurate billing and timely payment. Here are the top invoice terms that every business owner or freelancer should know.
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Insightful Accountant
MAY 11, 2023
W-9 and Contractor Payment options are among the QuickBooks Online updates inspired by accountants.
CSI Accounting & Payroll
MAY 11, 2023
We know nobody really likes tax season. However, the work you do now could be the difference between saving money or spending money in the Spring. Did you know that an annual tax accountant can only fill out your tax forms according to what's already happened? They can't truly help with tax planning because they don't work with your accounting year-round; their job mostly involves recording history.
Speaker: Victor C. Barnes, CPA, MBA
In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.
Insightful Accountant
MAY 11, 2023
The organizations have released a new online learning platform that will help accounting and finance professionals improve and update their skills in today's digital landscape.
Tipalti
MAY 11, 2023
Accrued expenses and accounts payable play distinct roles in a company's balance sheet, contributing to its financial framework.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Tipalti
MAY 11, 2023
Effective management of working capital boils down to companies making the most of their financial resources–learn more in our full overview.
Insightful Accountant
MAY 11, 2023
Find out a better way of integrating apps and automating the flow of data between them. Sign up today.
Tipalti
MAY 11, 2023
What’s the difference between reimbursements and disbursements, and when and how do you use each? Read our guide for a full breakdown.
LedgerDocs
MAY 11, 2023
As a business owner , one of the keys to maximizing profits is to identify and reduce unnecessary expenses. By streamlining your expenses, you can free up cash flow, increase your bottom line, and reinvest in your business. Here are some tips for identifying and reducing business expenses: 1. Review your Expenses Regularly Review your financial statements and identify all the expenses that your business incurs.
Speaker: Kim Beynon, CPA, CGMA, PMP
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
Tipalti
MAY 11, 2023
Spend management, which involves controlling and optimizing a company's expenses, is an essential part of the procurement process. This guide outlines effective strategies for implementing spend management in your organization.
Future Firm
MAY 11, 2023
In my 100th episode, I want to emphasize the importance of systematizing your business to achieve the lifestyle you want. Standardizing service packages and processes through systematization can help you maintain sanity and expand your firm. If you want an incredible lifestyle through your firm, start with systematization. Listen below. 1:39 – In this episode, I’ll talk about how systematizing your firm can help you achieve the fulfilling and happy lifestyle you want. 2:17 – Fi
Tipalti
MAY 11, 2023
Managing cash flow is a critical part of any business strategy–but why is it important and what are the best cash management techniques? Learn more in our in-depth guide.
Accounting Tools
MAY 11, 2023
Related Courses Accounting for Investments Corporate Finance GAAP Guidebook What is an Unamortized Bond Premium? Unamortized bond premium is the difference between the price at which a bond was sold and its face value. It is classified as a liability of the bond issuer , since it represents interest that has not yet been paid to bondholders. The unamortized bond premium account contains the remaining amount of bond premium that the bond issuer has not yet charged off to interest expense over the
Speaker: Mark Gilham, FCCA, CPP
Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.
Accounting Tools
MAY 11, 2023
Related Courses Budgeting Capital Budgeting The Nature of Step Costs A step cost is a cost that does not change steadily, but rather at discrete points. A step cost is a fixed cost within certain boundaries, outside of which it will change. For example, a production manager finds that his facility can produce a maximum of 3,000 widgets per week if he uses one shift, but that he needs to start a second shift in order to meet any additional demand.
Accounting Tools
MAY 11, 2023
Related Courses Capital Budgeting What is a Capital Investment? A capital investment involves the purchase or construction of long-term assets. These assets are expected to be used over a prolonged period of time, either to produce more goods or services, or to increase the efficiency with which goods or services are produced. Some portion of the funds involved in a capital investment may also be needed to increase the available level of working capital , which is needed to support ongoing opera
Accounting Tools
MAY 11, 2023
Related Courses Corporate Cash Management Payables Management What is Processing Float? Processing float is the time period between when a payee receives a payment from the payer and deposits it. A lengthy processing float reduces the availability of funds for the payee. The duration of the processing float is driven by the payee's internal processes, staff training, and the existence of any work backlog.
Accounting Tools
MAY 11, 2023
Related Courses Business Ratios Guidebook Business Valuation What is Market Share? Market share is the proportion of an entire market's sales that is taken by a specific organization. It is represented as a percentage of the market, and is useful for gaining a general sense of a firm’s size in comparison to its competitors. Owning a large percentage of market share is a strong indicator of the success of a business, especially if that share is increasing over time.
Advertiser: Paycor
Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.
Accounting Tools
MAY 11, 2023
Related Courses Cost Accounting Fundamentals What is Variable Cost? A variable cost is a cost that varies in relation to changes in the volume of activity. A variable cost increases as the level of activity increases; for example, the total cost of direct materials goes up in conjunction with increases in production volume. The variable cost concept can be used to model the future financial performance of a business, as well as to set minimum price points.
Accounting Tools
MAY 11, 2023
Related Courses Corporate Cash Management Payables Management What is Presentation Float? Presentation float is the time between when a check is deposited and when the related funds are withdrawn from the payer's checking account. It is somewhat shorter than the availability float , which also includes the time required to make the funds available to the payee.
Accounting Tools
MAY 11, 2023
Related Courses Bookkeeping Guidebook What is Prepaid Advertising? Prepaid advertising is a current asset account, in which is stored all advertising that was paid for in advance but not yet consumed. As these costs are consumed (such as through the running of television or Internet ads), the applicable portion of this asset is recognized as advertising expense.
Accounting Tools
MAY 11, 2023
Related Courses Operations Management What is Producer’s Risk? Producer's risk relates to incurring a loss despite creating a good batch. In this case, a good batch is rejected by inspection; this is known as a Type 1 error. This risk relates to the following situations: The manufacturer incurs a loss because it rejects a batch that it could have accepted; or The manufacturer incurs a loss because it accepts a batch that is then rejected by the customer.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
Accounting Tools
MAY 11, 2023
Related Courses New Controller Guidebook Human Resources Guidebook Performance Appraisals What is a Performance Report? A performance report addresses the outcome of an activity or the work of an individual. The report may compare actual outcomes to a budget or standard, as well as the variance between the two figures. The recipient of a performance report is expected to take action when there is an unfavorable variance.
Accounting Tools
MAY 11, 2023
Related Courses Credit and Collection Guidebook Effective Collections What is Credit Analysis? Credit analysis is a review conducted by an outside party on a business or individual to judge the subject’s ability to repay debt. This analysis typically involves a review of credit scores, cash flows , income, and the presence of sufficient collateral to pay back debt.
Accounting Tools
MAY 11, 2023
Related Courses The Statement of Cash Flows What is the Statement of Cash Flows? The statement of cash flows is one of the financial statements issued by a business, and describes the cash flows into and out of the organization. Its particular focus is on the types of activities that create and use cash, which are operations, investments, and financing.
Accounting Tools
MAY 11, 2023
Related Courses Budgeting Mergers and Acquisitions The Problem With Budgeting for Acquisitions When preparing a budget , it is extremely difficult to estimate the impact of any acquisitions that may take place during the upcoming budget year. An optimistic president may want you to include several projected acquisitions in the budget, even though they have not been finalized.
Speaker: Cheryl J. Muldrew-McMurtry
Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.
Accounting Tools
MAY 11, 2023
Related Courses Financial Analysis The Interpretation of Financial Statements What is Vertical Analysis? Vertical analysis is the proportional analysis of a financial statement , where each line item on a financial statement is listed as a percentage of another item. This means that every line item on an income statement is stated as a percentage of gross sales , while every line item on a balance sheet is stated as a percentage of total assets.
Accounting Tools
MAY 11, 2023
Related Courses Accountants' Guidebook New Controller Guidebook What is Adequate Disclosure? Adequate disclosure is the concept that the complete package of an entity's financial statements and accompanying disclosures should provide all key information needed by users to understand the entity's financial situation. Users need an adequate level of disclosure to make good decisions regarding whether to provide credit to or invest in an organization.
Accounting Tools
MAY 11, 2023
Related Courses Auditing State and Local Governments Governmental Accounting The Green Book Explained The Yellow Book Explained An agency fund is an assemblage of funds that one government agency holds on behalf of another government agency. For example, if the State of Colorado collects sales tax funds on behalf of the City of Aurora, these funds are considered to be agency funds.
Accounting Tools
MAY 11, 2023
Related Courses New Controller Guidebook What is Administrative Accounting? Administrative accounting involves the collection of performance information and the generation of reports from this information that assist management in running an organization. The reports are used on a daily basis to maintain control over and optimize operations. It tends to have quite a granular focus within an organization, so that managers can use the resulting information to make highly-targeted decisions to impr
Advertiser: Paycor
Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.
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