Accounting Today

DECEMBER 20, 2023

The relief will go to roughly 4.7 million taxpayers who weren't sent collection reminder notices during the pandemic.

Collections 315

Collections Tax 315

ProsperOps

DECEMBER 20, 2023

“Faces in FinOps” is hosted by Jon Myer and powered by ProsperOps. Welcome to a very special episode of Face in FinOps this week where Jon hosted a chat at AWS re:Invent 2023 with the AWS OPTICS Team featuring Alex Head (Head of Optimization), Wade Piehl (Sr. FinOps Success Manager), Stephanie Gooch (Senior Optimization Architect), along with AWS Principal Technical Account Manager Yuriy Prykhodko.

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FinOps FinOps Accounting Accounting 130

Accounting Today

DECEMBER 20, 2023

Accounting's influencers offer their advice for solving the profession's most critical issue.

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Accounting Accounting 330

Insightful Accountant

DECEMBER 20, 2023

Preparing, filing, and correcting 1099s is now easier than ever in QuickBooks Online. New workflow, reporting, free e-file of corrections and E-file payment flexibility and will be available for the 2023 filing period.

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QuickBooks 107

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

DECEMBER 20, 2023

The Top 100 Firm is merging in San Antonio- and Austin-based Ridout Barrett & Co.

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Plooto

DECEMBER 20, 2023

Enterprise-quality software is now within reach for growing businesses and accounting firms.

Accounting 105

Accounting Accounting 105

Accounting Tools

DECEMBER 20, 2023

What is the Formula for the Present Value of an Annuity Due? The present value of an annuity due is used to derive the current value of a series of cash payments that are expected to be made on predetermined future dates and in predetermined amounts. The calculation is usually made to decide if you should take a lump sum payment now, or to instead receive a series of cash payments in the future (as may be offered if you win a lottery).

Financial Analysis 75

Financial Analysis Accounting Accounting 75

Accounting Today

DECEMBER 20, 2023

Firms that early-adopt ESG and incorporate these areas into their practices will be better positioned to deliver these services when they reach full market demand.

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Future Firm

DECEMBER 20, 2023

Innovating your firm is one of the most effective ways of improving your operations. Find out my recommendation on how you should do it. The post The Key to Innovating Your Firm appeared first on Future Firm.

Accounting 59

Accounting Accounting 59

Accounting Today

DECEMBER 20, 2023

Plus, questions about ChatGPT's accounting credentials, the best laptops of 2023, and other major developments from the past month.

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Accounting Accounting Accounting Software 246

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.

Insightful Accountant

DECEMBER 20, 2023

Chaser is a complete accounts receivable automation software. Simplify, automate and humanize the process of chasing unpaid invoices for optimal accounts receivable management.

QuickBooks 52

QuickBooks Accounts Receivable Accounts Receivable Account Receivables 52

Accounting Today

DECEMBER 20, 2023

The board released a staff report outlining its inspections plans and highlighting key risks.

Auditing 177

Auditing 177

Reconciled Solutions

DECEMBER 20, 2023

Angie talks about financial mindset, the most common roadblocks for small business owners, and getting financially organized. The post Small Business Profitability | Women’s Business Workshop Podcast appeared first on Reconciled Solutions.

Reconciling 52

Reconciling 52

Accounting Today

DECEMBER 20, 2023

The imminent arrival of beneficial ownership information reporting raises questions about indirect control, such as through trusts.

Accounting 126

Accounting Accounting 126

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Accounting

AvidXchange

DECEMBER 20, 2023

Artificial intelligence (AI) has revolutionized business across industries, profoundly impacting operations, decision-making and customer interactions. This is true in the media space, where companies are leveraging AI for media to enhance efficiencies and customization. Read on to learn specific ways media agencies are applying AI-powered tools to build a competitive edge.

Data Entry 52

Data Entry AP Collections Customer Service 52

Insightful Accountant

DECEMBER 20, 2023

If your revenue is stagnant, your first thought might be to add more clients. Adding clients will undoubtedly add to your bottom line, but you can grow your firm without spending the time and resources to attract new clientele, how do you do this?

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52

Accounting Tools

DECEMBER 20, 2023

What are Dividends Payable? Dividends payable are dividends that a company's board of directors has declared to be payable to its shareholders. Until such time as the company actually pays the shareholders, the cash amount of the dividend is recorded within a dividends payable account as a current liability. Dividends payable is an odd type of liability, since it is an obligation of the company to pay its own shareholders, while other types of liabilities are usually to entirely separate third p

Financial Statements 40

Financial Statements Accounting Accounting 40

NACM

DECEMBER 20, 2023

Confidence plays a key role in the success of a credit professional. You must be confident in your qualifications, experience and expertise to perform to the best of your ability. With NACM's six-level Professional Certification Program, credit professionals will not only gain invaluable knowledge and a stronger skill set, but they will gain confid.

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5

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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

DECEMBER 20, 2023

What is a Static Budget? A static budget is a budget that does not change with variations in activity levels. Thus, even if actual sales volume changes significantly from the expectations documented in the static budget, the amounts listed in the budget are not changed. This budget format is the simplest and most commonly used budgeting format. The static budget is used as the basis from which actual results are compared.

Budgeting 40

Budgeting Accounting Accounting 40

Accounting Tools

DECEMBER 20, 2023

What is Default Risk? Default risk is the possibility that the issuer of a bond will not be able to repay the underlying principal or make scheduled interest payments. Entities at highest risk of default typically have a risky capital structure and unreliable cash flows that become more uncertain when economic conditions worsen. When an issuer has a high default risk, it must pay a significantly higher interest rate , and may have trouble obtaining financing at all.

Corporate Finance 40

Corporate Finance Collections 40

Accounting Tools

DECEMBER 20, 2023

What are Drag-Along Rights? Drag-along rights allow a majority shareholder to force a minority shareholder to agree to the terms of sale for a business. These rights require the majority shareholder to provide the same sale terms to the minority shareholder that are being offered to other shareholders. In essence, drag-along rights are designed to protect a majority shareholder from being subject to the vagaries of a minority shareholder when negotiating the sale of a business.

CPA 40

CPA Tax 40

Accounting Tools

DECEMBER 20, 2023

What is Going Private? Going private is the process of acquiring most of the outstanding shares of a public company , so that ownership is concentrated with a small number of investors. A going private transaction may also be accomplished through a management buyout or a private equity buyout. Once a business has gone private, its shareholders can no longer sell their shares on an open market.

Financial Statements 40

Financial Statements Auditing Accounting Accounting 40

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

DECEMBER 20, 2023

What is Factoring? Factoring involves the sale of receivables by a seller to a finance company, which is called the factor. Under a factoring arrangement, the customer is notified that it should now remit payments to the factor. The factor assumes collection risk, while the seller gains immediate access to the cash it needs to run its operations. This is an especially valuable financing option for smaller organizations that do not have ready access to bank loans.

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables Accounting 40

Accounting Tools

DECEMBER 20, 2023

What is Book Value? Book value is an asset's original cost , less any accumulated depreciation and impairment charges that have been subsequently incurred. The book values of assets are routinely compared to market values as part of various financial analyses. For example, if you bought a machine for $50,000 and its associated depreciation was $10,000 per year, then at the end of the second year, the machine would have a book value of $30,000.

Auditing 40

Auditing Accounting Accounting 40

Accounting Tools

DECEMBER 20, 2023

What is a Convertible Security? A convertible security is a bond , preferred stock , or a similar financial instrument that can be converted into the common stock of the issuing entity. When an investor elects to convert a security into common stock, this results in the elimination of the fixed stream of payments associated with the original investment and replaces it with stock that does not have such a related payment stream.

Corporate Finance 40

Corporate Finance Financial Statements Tax 40

Accounting Tools

DECEMBER 20, 2023

What is a Quiet Period? The quiet period is a period after a business files for the registration of securities with the Securities and Exchange Commission (SEC), when it is not allowed to make promotional statements to the public. During this period, no new information can be offered to the public than is not already contained within the registration statement.

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Corporate Finance Accounting Accounting 40

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

DECEMBER 20, 2023

What is Piggyback Registration? Piggyback registration is an arrangement under which certain existing securities issued by a business are included in a new offering of stock to the public. By doing so, the holders of the existing securities can sell their shares to other investors. This allows early-stage investors to exit the business, allowing new investors to take ownership positions in the firm.

Corporate Finance 40

Corporate Finance Accounting Accounting 40

Accounting Tools

DECEMBER 20, 2023

What is Payroll Accounting? The accounting for payroll involves all aspects of calculating and paying compensation to employees, including the payment of withholdings to third parties. The outcome of this process is documentation of the expenses associated with all types of compensation, as well as timely payments to employees. Payroll Process Flow Payroll processing requires you to complete a number of steps, which are presented below.

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Payroll Deposits Accounting Accounting 75

Accounting Tools

DECEMBER 20, 2023

What is an Accounting Entry? An accounting entry is a formal record that documents a transaction. In most cases, an accounting entry is made using the double entry bookkeeping system , which requires one to make both a debit and credit entry, and which eventually leads to the creation of a complete set of financial statements. An accounting entry can also be made in a single entry accounting system ; this system typically tracks only cash receipts and cash disbursements , and shows only those re

Accounting 75

Accounting Accounting General Ledger Accruals 75

Accounting Tools

DECEMBER 20, 2023

What is ERP? ERP is an acronym for enterprise resource planning , and it refers to an integrated software package that supports all of a company's functional areas. Thus, it can handle the transactional requirements of the accounting, customer service, manufacturing, sales, warehousing, and other departments, using a single user interface. Many ERP systems also accept data from a company's customers and suppliers for supply chain management purposes, so that the system essentially exceeds the tr

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Customer Service Budgeting Accounting Accounting 74

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