Tue.Jun 06, 2023

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The Benefits of Outsourcing for E-commerce Businesses

Accounting Department

Simplifying e-commerce business operations can be achieved by outsourcing specific functions such as accounting and bookkeeping services. For an e-commerce business to thrive and succeed, it is crucial to maintain a clear understanding of its financial position, performance, profit margins, marketing commitments, stock levels, and cash flows on a regular basis.

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Reduced Government Funding in Healthcare and the Impact on Healthcare Companies

Ascend Software blog

In recent years, there has been a significant reduction in government funding for healthcare. This has had a major impact on healthcare companies, who are now facing increased financial pressures.

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Existing Compliance, Controls Processes Struggle to Add Organizational Value

Insightful Accountant

A new FloQast study shows that reinvestment in program strategy, staffing and adoption of technology can help organizations navigate turbulent economic times.

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How Strategic Pricing Can Make Your Firm More Competitive and Profitable

Plooto

An accounting firm's pricing strategy can be its most potent weapon to combat the disruptions and uncertainties of today's precarious business environment.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But 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. 🗻 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. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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Intuit Offering Bootcamp for ProAdvisor Certification/Recertification

Insightful Accountant

Intuit is conducting a June 13-15 Bootcamp, which provides ProAdvisors with certification and recertification prep courses for both Core-level and Advanced-level examinations.

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Appropriated retained earnings definition

Accounting Tools

Related Courses The Balance Sheet The Interpretation of Financial Statements What are Appropriated Retained Earnings? Appropriated retained earnings are retained earnings that have been set aside by action of the board of directors for a specific use. The intent of retained earnings appropriation is to not make these funds available for payment to shareholders.

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Negative balance definition

Accounting Tools

Related Courses Accountants’ Guidebook Bookkeeper Education Bundle Bookkeeping Guidebook What is a Negative Balance? A negative balance occurs when the ending balance in an accounting record is the reverse of the expected normal balance. This expectation is based on an account's classification within the chart of accounts. A negative balance should arise relatively rarely.

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Mass Payouts

Tipalti

Mass payouts are a game-changer for businesses looking to pay out large numbers of freelancers or contractors on a global scale. Learn how mass payouts work in our comprehensive guide.

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Greatest Web based fastest payout online casino casinos Inside 2022

Less Accounting

Posts The best Ranked Casinos on the internet Inside the For every Area And Nation Better Required The brand new Casinos online Better Respected and Separate On-line casino Analysis 2022 Playtech gambling can be efforts casinos on their own, highlighting the fresh extent of products it offers. Fairness Category, The new Ebony Knight, and you will Frankie Dettori’s Magic Seven are just a number of famous games to be had.

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Getting the Power to Manage Your Cash Flow

Insightful Accountant

See how ForwardAI's Forwardly platform is helping small businesses receive payments now—and why that matters to your clients.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

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.

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What Organizations Should Know Before Using Financial Shared Services for A/R

Gaviti

As companies become increasingly complex and expand across the globe, managers are looking for new ways to reduce costs and standardize processes. FSS can help companies achieve these goals and more, but it is especially useful for accounts receivable. What Are Financial Shared Services? The finance shared services model consolidates financial functions within an organization.

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How to calculate the after-tax cost of debt

Accounting Tools

Related Courses Corporate Finance Financial Analysis Treasurer's Guidebook The after-tax cost of debt is the initial cost of debt , adjusted for the effects of the incremental income tax rate. To calculate it, subtract the company’s incremental tax rate from 100% and then multiply the result by the interest rate on the debt. The formula is: Before-tax cost of debt x (100% - incremental tax rate) = After-tax cost of debt The after-tax cost of debt can vary, depending on the incremental tax rate o

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Member Spotlight: Designations Open Doors for Opportunities

NACM

NACM's Professional Certification Program provides educational opportunities to help credit professionals reach all different goals. Not only will credit professionals seek education to learn new information but many times, credit professionals will seek designations that fine-tune their current skills. "Getting support from my boss and husband has.

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Price setter definition

Accounting Tools

Related Courses Revenue Management Revenue Recognition What is a Price Setter? A price setter is an entity that has the ability to set its own prices, because its products are sufficiently differentiated from those of competitors. A firm is better able to set prices when it has a significant amount of market share and follows a clear pricing strategy.

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Doing More With Less: The Modern Finance Miracle

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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How to classify debt due on demand

Accounting Tools

Related Courses Accountants' Guidebook GAAP Guidebook If a loan agreement contains a clause stating that the lender can demand payment at any time, then classify the debt as a current liability. This is the case even if there is no expectation that the lender will demand payment within the current year. This requirement is mandated by the accounting standards in Generally Accepted Accounting Principles.

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Accountant in charge definition

Accounting Tools

Related Courses How to Conduct an Audit Engagement What is an Accountant in Charge? An accountant in charge is the manager of an audit. This person is responsible for assigning tasks to the audit staff, monitors the progress of the work, and adjusts workloads to complete the audit on time. This person reviews the findings of the team and reviews its working papers.

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Deferred rent accounting

Accounting Tools

Related Courses Property Management Accounting Real Estate Accounting Real Estate Investing How to Account for Deferred Rent Deferred rent accounting occurs when a tenant is given free rent in one or more periods, usually at the beginning of a lease agreement. To account for these free periods, as well as subsequent periods, the essential accounting is as follows: Compile the total cost of the lease for the entire lease period.

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Facilitating payment definition

Accounting Tools

Related Courses Fraud Schemes Professional Rules of Conduct Unethical Behavior What is a Facilitating Payment? A facilitating payment is a small bribe made to expedite the performance of a routine or necessary action to which the payer is already entitled. For example, an international corporation wants to set up a new subsidiary in a country in which it has never done business before.

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8 Pillars of Leadership Development

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.

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Predetermined overhead rate definition

Accounting Tools

Related Courses Accounting for Inventory Activity-Based Costing Cost Accounting Fundamentals What is a Predetermined Overhead Rate? A predetermined overhead rate is an allocation rate that is used to apply the estimated cost of manufacturing overhead to cost objects for a specific reporting period. This rate is frequently used to assist in closing the books more quickly, since it avoids the compilation of actual manufacturing overhead costs as part of the period-end closing process.

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Treasury Stock Accounting | Cost Method and Constructive Retirement Method

Accounting Tools

Related Courses Accountants' Guidebook GAAP Guidebook How to Audit Equity How to Account for Treasury Stock A company may elect to buy back its own shares , which are then called treasury stock. Management may intend to permanently retire these shares, or it could intend to hold them for resale or reissuance at a later date. Common reasons for the repurchase of stock include the following: A stock buyback program that is intended to reduce the overall number of shares and thereby increase the ea

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When bad debt expense can be negative

Accounting Tools

Related Courses Bookkeeping Guidebook How to Audit Receivables New Controller Guidebook If uncollectible accounts receivable are being written off as they occur (the direct charge-off method), then there will be times when a customer unexpectedly pays an invoice after it has been written off. In such a case the correct treatment is to reverse the write-off, which will yield a negative bad debt expense if the original write-off occurs in a month earlier than the reversal.

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Income tax expense definition

Accounting Tools

Related Courses Accounting for Income Taxes Small Business Tax Guide What is Income Tax Expense? Income tax expense is the amount of expense that a business recognizes in an accounting period for the government tax related to its taxable profit. The amount of income tax expense recognized is unlikely to exactly match the standard income tax percentage that is applied to business income, since there are a number of differences between the reportable amount of income under the GAAP or IFRS framewo

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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Rate fence definition

Accounting Tools

Related Courses Revenue Management Revenue Recognition What is a Rate Fence? Rate fences are rules or restrictions that allow customers to segment themselves into appropriate rate categories based on their needs, behavior, or willingness to pay. Rate fences are commonly used in the airline and hotel industries to force customers into higher-paying or lower-paying groups.

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Profit taking definition

Accounting Tools

Related Courses Investing Guidebook What is Profit Taking? Profit taking involves the sale of an asset after its value has risen higher than the original purchase price. By selling at this point, the owner realizes a profit on the sale. The term is most commonly applied to the sale of securities , where the profit taking event is triggered by the security price having risen sufficiently above the original purchase price and any sale transaction costs to generate a reasonable profit.

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Standard cost card definition

Accounting Tools

Related Courses Accounting for Inventory Cost Accounting Fundamentals What is a Standard Cost Card? A standard cost card contains an itemization of the standard amounts of materials , labor , and overhead required to create one unit of a product. The card also multiplies the standard cost of each of these line items by the quantities required to arrive at the total standard cost of a product.

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Retained loss definition

Accounting Tools

Related Courses The Balance Sheet The Interpretation of Financial Statements What is a Retained Loss? A retained loss is a loss incurred by a business, which is recorded within the retained earnings account in the equity section of its balance sheet. The retained earnings account contains both the gains earned and losses incurred by a business, so it nets together the two balances.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.