Accounting Today
AUGUST 9, 2024
Accounting tech space sees major acquisitions this week; Bitwave releases Data Fusion tool for digital assets; TaxValet gains B-corp status; and other accounting tech news.
Intuit
AUGUST 9, 2024
The work of data scientists isn’t easily understood. Their work begins with laying a strong data foundation to perform robust data explorations followed by employing a set of mathematical techniques and experiments to deliver durable benefits. But it is not just the promising nature of their work. The environment in which they thrive empowers them to create meaningful experiences for customers and see impact in the business world.
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Accounting Today
AUGUST 9, 2024
DMJPS launches Be Greater Scholarship to celebrate 75th anniversary; Weaver adds three to transaction advisory services; and more news from across the profession.
Nanonets
AUGUST 9, 2024
Introduction We’ve all asked Alexa to play a song, or Siri to call someone, or ChatGPT to answer our questions. It’s quite fascinating how technology has advanced to a point where it can understand our intent and give us context aware responses. But what exactly is the technology behind all of this? Large Language Models (LLMs) are AI systems that can understand human language, and also generate context aware responses based on it.
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Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i
Accounting Today
AUGUST 9, 2024
The proposal, under the Financial Data and Transparency Act of 2022, will make financial data more accessible, uniform and useful to the public.
Compleatable
AUGUST 9, 2024
“We have 14 schools using Compleat, each primary and secondary school can easily buy online with our suppliers including Amazon Business and YPO using Integrated Online Buying… “…Finance have real-time visibility of the status of all purchases and invoices across our schools…” – James Rant, Finance Director of Red Kite Learning Trust Download Testimonial The post Red Kite Learning Trust first appeared on Compleat Software.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Compleatable
AUGUST 9, 2024
“With iCompleat we have achieved this, saving a huge amount of time on invoice processing, while also granting greater visibility and process compliance across departments “…I would happily recommend iCompleat to any finance team in the Education sector…” – Terry Harding, School Accountant at Milton Abbey School Download Testimonial The post Milton Abbey School first appeared on Compleat Software.
Accounting Today
AUGUST 9, 2024
Many payroll systems claim to be cloud-native, yet fail to deliver the true benefits.
Enterprise Recovery: Accounts Receivable
AUGUST 9, 2024
Navigating the financial landscape of business operations can be daunting, regardless of the company's size. From small startups to large corporations, financial challenges constantly require careful planning and strategic decision-making. Whether managing cash flow, setting financial goals, staying compliant with taxes, or planning for growth, businesses must proactively address these challenges to ensure long-term success and sustainability.
Accounting Today
AUGUST 9, 2024
The IRS has postponed payment and filing deadlines for those affected by the storm.
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Accounting Tools
AUGUST 9, 2024
What is an Inventory Change? Inventory change is the difference between the inventory totals for the last reporting period and the current reporting period. The concept is used in calculating the cost of goods sold , and in the materials management department as the starting point for reviewing how well inventory is being managed. It is also used in budgeting to estimate future cash requirements.
Accounting Today
AUGUST 9, 2024
Everything you need to know about regs, judicial decisions, IRS pronouncements and more from the first half of 2024.
Accounting Tools
AUGUST 9, 2024
What is an Intercompany Loan? Intercompany loans are loans made from one business unit of a company to another, usually for one of the following reasons: To shift cash to a business unit that would otherwise experience a cash shortfall To shift cash into a business unit (usually corporate) where the funds are aggregated for investment purposes To shift cash within business units that use a common currency, rather than sending in funds from a foreign location that will be subject to exchange rate
Accounting Today
AUGUST 9, 2024
With the merger, the Regional Leader will add offices in Cedar Rapids and Coralville, Iowa.
Speaker: Victor C. Barnes, CPA, MBA
In the climb from contributor to leader, the rules quietly change. 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 (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). 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.
Accounting Fun
AUGUST 9, 2024
Years ago I heard a great story that accountant Keith Lawrence assured me was true. He had taken an initial phone call from someone wanting help with their tax. After a brief conversation Keith invited them in to meet with him to see if he could help (and to see if he wanted to take them on as a client). On their arrival the 'client' looked around and expressed a little surprise that the office was smaller than he'd expected.
Accounting Today
AUGUST 9, 2024
Eligible professionals can now earn revenue share with QuickBooks Payments
Cloud Accounting Podcast
AUGUST 9, 2024
Earmark Media Presents a bonus episode of Best Metrics: In this episode, host Glenn Dunlap is joined by Kenya Brooks, a partner at Saville CPAs and Advisors, to discuss the unique challenges and opportunities in property management and development accounting. They explore key metrics to monitor financial statements, the impact of economic trends on the real estate industry, and strategies for navigating client relationships during both prosperous and challenging times.
AvidXchange
AUGUST 9, 2024
Table of Contents: What is the Accounts Payable Process | The Paper-Based Accounts Payable Process | The Paperless Accounts Payable Process | Key Differences Between Paper-Based and Paperless AP Processes | Converting Paper-Based to Paperless Accounts Payable The traditional accounts payable process can be time-consuming and reliant on repetitive manual work.
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.
CSI Accounting & Payroll
AUGUST 9, 2024
Most small business owners only meet with an accountant annually, so you may think that meeting a couple more times for tax planning will make all the difference.
Accounting Tools
AUGUST 9, 2024
What are Net Assets Released from Restrictions? Net assets released from restrictions refers to those restricted assets that have been re-classified as unrestricted net assets. This transfer occurs because the original donor-imposed restrictions associated with certain assets have been satisfied. The outcome is greater availability of funding for the alternative activities of a nonprofit entity.
Earmark Accounting Podcast
AUGUST 9, 2024
Join Blake Oliver, CPA, and Scott Hodge, President Emeritus and Senior Policy Advisor at the Tax Foundation, for an engaging and insightful webinar that delves into the complexities of tax policy as discussed in Scott's new book, "Taxocracy." Discover how tax policies impact everyday expenses like housing, healthcare, and education, and learn surprising historical tax facts such as the 18th-century British “window tax” and its relevance to today's proposed wealth taxes.
Accounting Tools
AUGUST 9, 2024
What is Standard Costing? Standard costing is the practice of substituting an expected cost for an actual cost in the accounting records. Subsequently, variances are recorded to show the difference between the expected and actual costs. This approach represents a simplified alternative to cost layering systems, such as the FIFO and LIFO methods, where large amounts of historical cost information must be maintained for inventory items held in stock.
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.
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