Accounting Today
AUGUST 31, 2023
Forvis reported annual revenue of $1,685,539,000 for the fiscal year ending May 31, 2023, a 13% increase a year after merging together two Top 20 Firms, BKD CPAs and Advisors and Dixon Hughes Goodman.
Accounting Department
AUGUST 31, 2023
In today's fast-paced business environment, optimizing spend management is essential for maintaining financial efficiency and driving profitability. Traditional manual processes can be time-consuming, error-prone, and resource-intensive. However, with the power of automation, businesses can streamline their spend management practices and unlock significant benefits.
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Accounting Today
AUGUST 31, 2023
CPAs who are also top executives at their companies are feeling a little more upbeat about the U.S. economy as recession fears fade, according to a new survey.
Insightful Accountant
AUGUST 31, 2023
Murph wants to help you keep abreast of things happening around you—from news to vendor releases, conference tips and IRS updates. If he thinks you need to know, he's telling you.
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
AUGUST 31, 2023
Educational assistance programs can help employees cope with the resumption of payments through a tax-free fringe benefit.
Accounting Tools
AUGUST 31, 2023
Related Courses The Statement of Cash Flows Working Capital Management What is Cash Flow? Cash flow is the net amount of cash that an entity receives and disburses during a period of time. A positive level of cash flow must be maintained for an entity to remain in business, while positive cash flows are also needed to generate value for investors. In particular, investors want to see positive cash flows even after payments have been made for capital expenditures (which is known as free cash flow
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Insightful Accountant
AUGUST 31, 2023
Ignition's Matt Kanas on why the #CallForChange movement can help accounting and tax professionals reclaim their profitability—and why it should matter to you.
Accounting Today
AUGUST 31, 2023
The IRS is pushing back filing and payment deadlines for those affected by the storm.
Billing Platform
AUGUST 31, 2023
How companies and consumers pay for products and services is rapidly evolving. According to the 2023 Global Payments Report , account-to-account or real-time payments are on the rise. The digital wallet ascension is nearly complete , buy now pay later (BNPL) continues to evolve, and when it comes to cryptocurrencies, options are emerging as a payment method.
Accounting Today
AUGUST 31, 2023
Anti-social worker; loan sharks; just in time for Tax Day; and other highlights of recent tax cases.
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.
Nanonets
AUGUST 31, 2023
Contact center automation tools can enable your team to swiftly tackle mundane tasks that often consume their time. This not only ramps up your business efficiency but also frees up your team to focus on what truly matters. Contact centers are customer-focused operations. KPIs like Average Time in Queue, First Contact Resolution (FRC), and Customer Satisfaction (CSAT) are used to determine their success.
Accounting Today
AUGUST 31, 2023
You don't have to make wholesale changes all at once. You just need to get 1% better at a time.
Insightful Accountant
AUGUST 31, 2023
Experienced managers understand that it is vital to assess worker performance on a regular basis. So here's how you can develop a performance management plan that works for your firm.
AvidXchange
AUGUST 31, 2023
In the latest episode of the “Net 30” podcast on the AvidXchange Podcast Network , host Chris Elmore, AvidXchange’s chief evangelist, and Rhonda Greene, AvidXchange’s principal solutions consultant, discussed the digital skills gap many accounts payable (AP) departments are experiencing today. Elmore and Greene have decades of experience in AP and corporate finance.
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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!
Economize
AUGUST 31, 2023
Why Cloud Cost Optimization is Non-Negotiable Cloud spending is on an inevitable upswing, projected to reach a staggering $597.3 billion by 2023 according to a Gartner forecast. But this enthusiastic embrace comes at a cost—literally. Far too often, businesses find themselves facing unforeseen expenditures, as their bills frequently exceed initial budgets.
Tipalti
AUGUST 31, 2023
Liquidity ratios are essential for assessing a company's ability to meet its short-term obligations. Learn about the different types and formulas.
Accounting Tools
AUGUST 31, 2023
Related Courses Corporate Finance Treasurer's Guidebook What is a Declared Dividend? A declared dividend is a portion of retained earnings that the board of directors has voted to issue to shareholders. Once declared, a dividend becomes a liability of the corporation until it is paid. A dividend is usually paid in cash, but can also be paid in stock or with an asset other than cash.
NACM
AUGUST 31, 2023
?? Onboarding new employees isn't just about completing paperwork and handing out company policies; it's about setting the stage for success and nurturing a sense of belonging.?️ Hear from Chris Myers, Chris Kyriakopoulos and Leslie Harrison on today's episode of Extra Credit!
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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
AUGUST 31, 2023
Related Courses Small Business Tax Guide What is Donated Stock? Donated stock is shares in a corporation that have been donated to a charitable entity. The donor can then take a tax deduction in the amount of the fair value of the stock on the date of donation, but only for shares that have been held for at least one year. The fair market value of the shares of a public company are easily determined; use the average of the high and low stock prices on the donation date.
NACM
AUGUST 31, 2023
The power of effective communication cannot be overstated. Individuals who possess the skills to not only articulate their ideas but also become subject matter experts who stand out among others in their industry.By submitting a speaking proposal for NACM's 2024 Credit Congress & Expo in Las Vegas, NV, credit professionals can position themselv.
Accounting Tools
AUGUST 31, 2023
Related Courses Accountants' Guidebook GAAP Guidebook What is Donated Capital? Donated capital is assets given to an entity as a gift. This amount is recorded at its fair value as of the date when the gift was received. For example, a manufacturing facility receives a parcel of land as a gift from a local community when the business agrees to construct a facility there.
Invoicera
AUGUST 31, 2023
Accounts payable, the process of handling and overseeing the pending payments and other financial obligations, is crucial in maintaining good relations with suppliers or vendors. It is sometimes burdensome for businesses to overcome accounts payable challenges. However, it is essential to know that effective management of accounts payable is a fundamental aspect of making your organization successful.
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
AUGUST 31, 2023
Related Courses Accounting for Earnings per Share Corporate Finance What is Dilutive? Dilutive is the effect of a transaction that reduces earnings per share or the ownership interest of an investor. This concept occurs when a business issues shares , convertible debt , options , or warrants. In these situations, either shares are issued at once or may be issued at a later date at the option of the instrument holder.
Accounting Today
AUGUST 31, 2023
More than 3 million workers would be newly eligible for overtime pay when they work more than 40 hours a week, under a new proposal from the U.S. Department of Labor.
Accounting Tools
AUGUST 31, 2023
What is a Debit? A debit is an accounting entry that either increases an asset or expense account, or decreases a liability or equity account. It is positioned to the left in an accounting entry. In journal entries , a debit may be indicated with the abbreviation “dr.” The reverse of a debit is a credit. In double entry accounting , the total amount of debits entered in an accounting transaction should match the total amount of credits entered.
Accounting Today
AUGUST 31, 2023
New York Attorney General Letitia James alleges the former president and the Trump Organization falsified business records and issued false financial statements.
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 Tools
AUGUST 31, 2023
Related Courses Bankruptcy Tax Guide Essentials of Corporate Bankruptcy Essentials of Collection Law What is a Default? Default is the failure by a debtor to make a principal or interest payment in a timely manner. The result can be the loss of collateral or even a bankruptcy filing by the debtor. This situation occurs when the cash inflows of a business are exceeded by its cash outflows, leaving no cash with which to make debt payments.
Accounting Tools
AUGUST 31, 2023
Related Courses How to Audit for Fraud How to Conduct an Audit Engagement What is a Detailed Audit? A detailed audit is used to examine a large proportion of the transactions of a business. It is typically used to search for cases of suspected fraud , where there may be a few fraudulent transactions hidden amongst a mass of legitimate transactions. This type of audit may also be used to locate opportunities for cost reductions and process improvements.
Accounting Tools
AUGUST 31, 2023
Related Courses Small Business Tax Guide What is the Dividend Exclusion? The dividend exclusion is an IRS rule that allows a proportion of all dividends received to be excluded from the calculation of corporate income taxes. This exclusion is not available to individual taxpayers. The exclusion tranches are as follows: When a corporation owns less than 20% of the other business, it can deduct 70% of the dividends received from it When a corporation owns 20% to 79% of the other business, it can d
Accounting Tools
AUGUST 31, 2023
Related Courses Cost Accounting Fundamentals What is a Direct Cost? A direct cost is a cost that can be clearly associated with specific activities or products. These costs are commonly used in incremental decision making, where the sales manager needs to know the direct cost of a product in order to ensure that a one-time sale transaction can be made at a price that exceeds the total of all direct costs.
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