Accounting Today
JULY 24, 2023
Students aren't majoring in accounting because they don't have a passion for the subject, and because they perceive barriers in cost and time, especially Black and Hispanic students.
CloudZero
JULY 24, 2023
At CloudZero, we’re pretty proud of the fact that our platform allows you to maximize your profitability by understanding your unit costs. In fact, our platform’s ability to help you easily track and analyze unit costs is one of the things that sets us apart the most from our competitors.
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Accounting Today
JULY 24, 2023
You'd think the last thing accounting firms would want to do is to disrupt themselves — yet that may be exactly what they need to do, says Bob Lewis of The Visionary Group.
Accounting Tools
JULY 24, 2023
Related Courses The Balance Sheet The Income Statement The Statement of Cash Flows The key components of the financial statements are the income statement , balance sheet , and statement of cash flows. These statements are designed to be taken as a whole, to present a complete picture of the financial condition and results of a business. A case can be made for each of the financial statements being the most important, though the ultimate answer depends on the needs of the user.
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 24, 2023
The service is stopping most unannounced visits to taxpayers' residences and businesses after a rising number of threats has put its employees' safety at risk.
Accounting Tools
JULY 24, 2023
Related Courses Credit and Collection Guidebook Effective Collections Essentials of Collection Law What is the Cash Collection Cycle? The cash collection cycle is the number of days it takes to collect accounts receivable. The measure is important for tracking the ability of a business to grant a reasonable amount of credit to worthy customers, as well as to collect receivables in a timely manner.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Accounting Tools
JULY 24, 2023
Related Courses Accountants’ Guidebook Bookkeeper Education Bundle Bookkeeping Guidebook What is a Temporary Account? A temporary account is an account that begins each fiscal year with a zero balance. At the end of the year, its ending balance is shifted to a different account, ready to be used again in the next fiscal year to accumulate a new set of transactions.
Accounting Today
JULY 24, 2023
Sales of non-fungible tokens are taking place across jurisdictions, both state and national, and tax authorities are starting to take notice.
Accounting Tools
JULY 24, 2023
Related Courses Business Combinations and Consolidations CPA Firm Mergers and Acquisitions Mergers and Acquisitions How to Account for a Consolidation Consolidation accounting is the process of combining the financial results of several subsidiary companies into the combined financial results of the parent company. This method is typically used when a parent entity owns more than 50% of the shares of another entity.
Accounting Today
JULY 24, 2023
Accountants are helping clients stay abreast of the latest accounting, tax and regulatory issues around cryptoassets.
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 24, 2023
Related Courses Fraud Schemes Fraud Examination Guidebook How to Audit for Fraud What is Off the Books? Off the books refers to any cash payment or receipt that is not recorded in a firm’s accounting records. This is typically done in order to avoid paying income taxes on cash receipts or use taxes or payroll taxes on payments made. Off the books transactions are especially common when an employer pays undocumented immigrant workers, who could not otherwise work for the firm.
Accounting Today
JULY 24, 2023
A bookkeeper reportedly stole from her employer in an effort to retain the affections of her estranged boyfriend.
Accounting Tools
JULY 24, 2023
Related Courses Capital Budgeting Fixed Asset Accounting How to Audit Fixed Assets What is Capitalize in Accounting? An item is capitalized when it is recorded as an asset , rather than an expense. This means that the expenditure will appear in the balance sheet , rather than the income statement. You would normally capitalize an expenditure when it meets both of the criteria noted below.
Accounting Today
JULY 24, 2023
A new notice offers relief for foreign taxes paid during tax years 2022 and 2023.
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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 24, 2023
Related Courses Accountants’ Guidebook Bookkeeper Education Bundle Bookkeeping Guidebook What are the Basics of Financial Accounting? This article gives an overview of financial accounting basics for the non-accountant. Its orientation is toward recording financial information about a business. First, what do we mean by "financial" accounting? This refers to the recordation of information about money.
Accounting Today
JULY 24, 2023
It's a low-hurdle opportunity that firms can embrace to start quickly making the shift into client advisory services.
Accounting Tools
JULY 24, 2023
Related Courses Corporate Finance Treasurer's Guidebook What are Equity Accounts? There are several types of accounts used to record shareholders’ equity. Each one is used to store different information about the interests of owners in a business. The types of equity accounts differ, depending on whether a business is organized as a corporation or a partnership.
Accounting Today
JULY 24, 2023
The federal contractor reached one of the largest procurement fraud settlements in history over a civil investigation related to its cost accounting.
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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 24, 2023
Related Courses Accountants’ Guidebook Bookkeeping Guidebook The Balance Sheet What are Stockholders’ Equity Accounts? The stockholders' equity accounts contain those accounts that express the monetary ownership interest in a business. In effect, these accounts contain the net difference between the recorded assets and liabilities of a company. If assets are greater than liabilities, then the equity accounts contain a positive balance; if not, they contain a negative balance.
Accounting Today
JULY 24, 2023
Look at the resumes of the tax partners you aspire to become and make the necessary changes in your career path.
Insightful Accountant
JULY 24, 2023
Murph provides 'wannabe' Top 100 ProAdvisors with valuable tips and statistics from this year's Top 100 and Award recipients.
Accounting Today
JULY 24, 2023
The Association of International Certified Professional Accountants unveiled a new educational report on climate resilience, the fourth in a series.
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.
Remote Quality Bookkeeping
JULY 24, 2023
If you’re a small business owner or entrepreneur, you’ve probably heard of GAAP, the Generally Accepted Accounting Principles. This set of accounting principles provides standard rules and methods for businesses to collect and report financial information. In the United States, the Securities and Exchange Commission (SEC) requires publicly-traded companies to follow GAAP in their financial reporting.
Invoicera
JULY 24, 2023
Do you also belong to the gig economy? If so, you’re likely a freelancer or contractor navigating the unique challenges of this dynamic landscape. One of the most critical, yet often overlooked, aspects of this journey is mastering the art of invoicing. Invoicing can be a game-changer. It is the key to resisting all financial constraints. We know you are a talented professional, willing to walk that extra mile to deliver outstanding results.
CSI Accounting & Payroll
JULY 24, 2023
A majority of established small businesses work with annual accountants, but annual accounting firms offer limited services. They only deal with your finances when the year is over, so they aren’t in touch with your business operations in real time. This means you won't have timely data to help you make quick decisions. There is an alternative to annual accounting, though: monthly accounting.
Plooto
JULY 24, 2023
Treasury management is vital to promoting growth and financial health in your business. It ensures sufficient cash flow for business needs, and tracks debts and investments, all while minimizing risk.
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!
Nanonets
JULY 24, 2023
Finance reconciliation plays a pivotal role in ensuring the reliability and accuracy of a business's financial records. This essential practice involves comparing transactions and other financial activities with supporting documentation and resolving any discrepancies that may arise. Financial reconciliation is a recurring process that encompasses various sources of financial information within a business.
Invoicera
JULY 24, 2023
Do you also belong to the gig economy? If so, you’re likely a freelancer or contractor navigating the unique challenges of this dynamic landscape. One of the most critical, yet often overlooked, aspects of this journey is mastering the art of invoicing. Invoicing can be a game-changer. It is the key to resisting all financial constraints. We know you are a talented professional, willing to walk that extra mile to deliver outstanding results.
Insightful Accountant
JULY 24, 2023
Tax Practice News' Christine Gervais and Insightful Accountant's Gary DeHart talk practice niches in the latest episode of Accounting Insiders—only on our YouTube Channel.
finout
JULY 24, 2023
Table of contents Introduction What Exactly is the Function of Datadog? Why Do We Need to Optimize Datadog Costs?
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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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