Accounting Today

DECEMBER 14, 2023

The American Institute of CPAs provided information for U.S. accounting professionals on the potential impact on their out-of-state engagements if some of the pending legislation in some states on licensure requirements is enacted.

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CPA Accounting Accounting 292

Accounting Department

DECEMBER 14, 2023

We're happy to announce that AccountingDepartment.com is gearing up for its 10th Vistage ChairWorld event in January! As a proud National Sponsor for the past decade, this event holds a special place in our hearts, and we can't wait to reconnect with familiar faces and forge new connections in 2024.

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Accounting Today

DECEMBER 14, 2023

The Financial Accounting Standards Board issued an accounting standards update Thursday aimed at improving income tax disclosures from companies.

Tax 300

Tax Financial Accounting Accounting Accounting 300

Compleatable

DECEMBER 14, 2023

Our developers have been hard at work this year, listening to feedback from our iCompleat users and constantly improving your experience. Cast your mind back to January (insert ‘it feels like a lifetime ago’ comments here!)- a New Year, and some new tweaks to your user experience. We made it even easier to create a new order by adding the layout and supplier within the Requisition form, as well as adding a shiny new duplicate function to Purchase Orders.

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Purchase Order Accruals Invoicing AP 130

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 14, 2023

The International Internal Audit Standards Board voted to approve a set of new standards that are expected to be released in January.

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Auditing Accounting Accounting 305

Cevinio

DECEMBER 14, 2023

We will uncover Alpar’s insights on maintaining an effective P2P team, with a special focus on the transformative power of automation technology. Additionally, we’ll discuss AP challenges and, more importantly, solutions to overcome them. During this interview, you will learn about: Keys to having an effective P2P function The transformative impact of AP automation: before and after Important features in AP Automation for operational success Factors for a successful transformation Ab

AP 100

AP Accounts Payable Accounts Payable Accounts Receivable 100

Plooto

DECEMBER 14, 2023

The strategic Risk and Partnerships hires will build on Plooto's 2023 momentum and supercharge market expansion in 2024 to further support growing businesses

XERO 104

XERO 104

Accounting Today

DECEMBER 14, 2023

The Institute of Management Accountants reported increased salaries and job opportunities for Certified Management Accountants as opposed to those without certifications.

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Management Accounting Accounting Accounting 183

Insightful Accountant

DECEMBER 14, 2023

Tax training has been added to the QuickBooks Online Accountant, ProAdvisor Training tab. Training is available for both ProConnect Tax Online and Intuit Tax Advisor products.

Tax 96

Tax QuickBooks Accounting Accounting 96

Accounting Today

DECEMBER 14, 2023

The International Sustainability Standards Board is providing information to companies to help them adopt its sustainability and climate disclosure standards before they take effect in January.

Accounting 177

Accounting Accounting 177

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.

Reconciled Solutions

DECEMBER 14, 2023

What you need to know about the Chicago Paid Leave and Paid Sick and Safe Leave Ordinance and paid time off requirements for Chicago workers. The post Chicago Paid Leave and Paid Sick and Safe Leave Ordinance appeared first on Reconciled Solutions.

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Reconciling 97

Accounting Today

DECEMBER 14, 2023

ERP systems need to be constantly reassessed as business needs shift and new priorities arise.

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Accounting Software Accounting Accounting 260

Insightful Accountant

DECEMBER 14, 2023

Insightful Accountant is extending the 2024 ProAdvisor Awards Period for Nominations by a Third-party until January 20, 2024.

Accounting 108

Accounting Accounting 108

Accounting Today

DECEMBER 14, 2023

The deal saved hundreds of Chinese companies in the U.S. from being booted off American stock exchanges but has done little to revive the flow of initial public offerings.

Auditing 171

Auditing 171

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Accounting

Enterprise Recovery

DECEMBER 14, 2023

When clients fail to pay their invoices on time, it can negatively impact your cash flow and harm your business in various ways. Maintaining a healthy cash flow is crucial for the success of your business, so it is essential to address any issues with late payments promptly and find effective solutions to ensure a steady and stable financial foundation.

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Invoicing Accounts Receivable Accounts Receivable Account Receivables 82

Accounting Today

DECEMBER 14, 2023

High-stakes Treasury guidance for claiming hydrogen production tax credits has drawn the ire of Senator Joe Manchin.

Tax 225

Tax 225

Reconciled Solutions

DECEMBER 14, 2023

When does a business owner need to file a 1099? Here's how to understand the distinction between employees and independent contractors. The post When Does a Business Owner Need to File a 1099-NEC Form? appeared first on Reconciled Solutions.

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Reconciling Tax 73

Accounting Today

DECEMBER 14, 2023

Amazon said the ruling confirms that it "followed all applicable laws and received no special treatment.

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Billing Tax 177

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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.

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MineralTree

DECEMBER 14, 2023

What is Digital Invoice Approval? Digital invoice approval involves reviewing, approving, and processing invoices electronically prior to payment. An electronic approval workflow takes out the paper-based component of this process to improve transparency, allowing teams to accurately track the status of their invoices. As a result, finance teams increase efficiency , while reducing manual tasks.

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Invoicing AP Accounts Payable Accounts Payable 66

Accounting Today

DECEMBER 14, 2023

Sikich, a Top 30 Firm based in Chicago, has signed an agreement to acquire the federal government practice of CliftonLarsonAllen LLP, a Top 10 Firm, effective Dec. 31.

Accounting 136

Accounting Accounting 136

Jetpack Workflow

DECEMBER 14, 2023

Podcast Summary In this episode, host David Cristello interviews Pawel Brzeminski, the founder and CEO of Snap Projections. Pawel shares his journey of launching, growing, and successfully exiting his company. He discusses why he chose not to raise money from venture capitalists and instead opted for an acquisition. Pawel also provides insights into the process of reaching a scale where the company becomes an acquisition target and shares his experiences afterward.

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QuickBooks Financial Reporting Accounting Accounting 59

Insightful Accountant

DECEMBER 14, 2023

Learn about starting your own bookkeeping business through the BooXkeeping franchise opportunity. Build a successful business that delivers a vital service in a high-demand industry.

QuickBooks 52

QuickBooks Bookkeeping 52

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.

AvidXchange

DECEMBER 14, 2023

It’s undeniable that professionals in the real estate industry are using AI for all types of tasks – from writing home listings to creating algorithms that inform property investments. In this piece, we’ll share some of the most popular use cases for AI in real estate and discuss the different ways they can positively impact your business. Download our Ultimate AI Guide 1.

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Accounts Payable Accounts Payable AP AR 52

LedgerDocs

DECEMBER 14, 2023

Document management systems can be a make or break decision for your bookkeeping business, making the right choice for your firm is paramount. LedgerDocs is different from the rest of the document management platforms out there. It is designed by a dedicated team of bookkeepers with the bookkeeping and accounting workflow in mind. We care about our users and we believe we can be your perfect financial document management.

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Data Entry QuickBooks Bookkeeping Collections 52

Counto

DECEMBER 14, 2023

Are you a foreign entrepreneur with dreams of expanding your business horizons? Singapore, often hailed as the “Lion City,” is a thriving hub for international business and a popular destination for those seeking to set up a company abroad. In this blog post, we’ll delve into the advantages and disadvantages of setting up a company in Singapore, specifically tailored to foreign entrepreneurs like you.

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Corporation Tax Tax Financial Reporting Budgeting 52

Insightful Accountant

DECEMBER 14, 2023

Insightful Accountant's Gary DeHart as he sits down with John Hewitt as they discuss Building Franchise Empires on this episode of Accounting Insiders.

Accounting 52

Accounting Accounting 52

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 14, 2023

What is a Betterment in Accounting? A betterment is an improvement made to a fixed asset in order to extend its useful life or increase its value. Doing so results in an enhanced asset. Expenditures on betterments are quite common for larger, more expensive assets that are expected to be in use for an extended period of time. Accounting for a Betterment The cost of a betterment can be capitalized and depreciated over time.

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Auditing Accounting Accounting 40

Invoicera

DECEMBER 14, 2023

Research by the Association of Certified Fraud Examiners says that companies lose approximately 5% of their annual revenue to fraud, with expense reimbursement being one of the top areas. However, adopting modern expense management systems significantly reduces these risks by enforcing policies and providing real-time monitoring. Imagine Sarah, a sales executive who used to spend hours wrangling with receipts after every business trip.

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Expense Reports Invoicing Data Entry Budgeting 52

Accounting Tools

DECEMBER 14, 2023

What is Redeemable Preferred Stock? Redeemable preferred stock is a type of preferred stock that allows the issuer to buy back the stock at a certain price and retire it, thereby converting the stock to treasury stock. These terms work well for the issuer of the stock, since the entity can eliminate equity if it becomes too expensive. For example, a business issued redeemable preferred stock at a 6% dividend rate, but now finds that interest rates have dropped substantially.

Corporate Finance 40

Corporate Finance 40

Accounting Tools

DECEMBER 14, 2023

What is Stock? Stock is a security that represents a fraction of the ownership of the issuing corporation. Investors by stocks in the expectation that their value will increase, allowing the investors to eventually sell them for a profit. The stocks may also pay out dividends on an annual or quarterly basis. Thus, there are two ways to generate income from your stock holdings.

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Financial Statements Auditing Accounting Accounting 40

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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.