Mon.Oct 23, 2023

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20 states where taxpayers get the least bang for their buck

Accounting Today

These are the bottom 20 states ranked by return on investment for taxpayers, based on quality of government services versus how much they cost.

Tax 336
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DEI: Powering prosperity for all

Intuit

Corporate diversity, equity, and inclusion (DEI) has been a part of who we are since our founding 40 years ago. We continue to find new ways to foster a company culture that’s as diverse as the communities we serve, and to integrate inclusion and equity into how we operate as a business. Each year, we share an update on this work through our DEI Report.

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Disruption protection: Higher standards, deeper relationships

Accounting Today

The ethics of the profession and the trust they build with clients will protect accountants from outside competitors.

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Big Changes Coming to 2024 ProAdvisor Awards

Insightful Accountant

It's 'Top 100 Tuesday' and Murph wants to help tune you in to the various changes and enhancements to this year's 2024 ProAdvisor Awards. Remember, the start date is just around the corner.

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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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State CPA societies offer AI ethics course

Accounting Today

The Virginia Society of CPAs is partnering with 10 other state CPA groups to offer a course on artificial intelligence and where it fits in with accounting ethics.

CPA 325
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5 Ways Companies Gamified FinOps To Drive A Cost-Aware Engineering Culture

CloudZero

Getting engineers to take action to optimize spending can feel like an eternal struggle for many cloud-based companies. In fact, this particular issue is consistently considered to be one of the number-one cost challenges modern companies face.

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A Peek into Accounting's New Frontier

Insightful Accountant

HubSync's John McGowan discusses the challenges for navigating legacy systems in the tax and accounting landscape—and where the solutions may be.

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PE makes a big splash

Accounting Today

Bob Lewis of the Visionary Group examines the opportunities private equity firms are creating in accounting, what it will mean for your firm, and how it will play out in the future.

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Top 5 Credit Bureau Companies for B2B in 2023

Gaviti

As the global economic situation fuels business uncertainty, many companies are experiencing a much slower cash flow than they would prefer, a result of late payments from customers. From cash flow issues to inefficient payment processes and the inability to choose from a variety of payment methods, B2B companies face a number of challenges with regards to the timely payments of invoices.

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Whitley Penn merges in Fisher, Herbst & Kemble

Accounting Today

The Top 40 Firm is expanding its presence in the Lone Star State by adding a firm based in San Antonio.

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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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The difference between cost and expense

Accounting Tools

Related Courses Bookkeeping Guidebook Cost Accounting Fundamentals The difference between cost and expense is that cost identifies an expenditure , while expense refers to the consumption of the item acquired. These terms are frequently intermingled, which makes the difference difficult to understand for those people training to be accountants. A key reason why a cost is, in practice, frequently treated exactly as an expense is that most expenditures are consumed at once, so they immediately con

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Loopholes weaken impact of global minimum tax

Accounting Today

The 15% global minimum tax on corporate profits is likely to generate only a fraction of the tax revenue expected, according to a new report.

Tax 200
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Bookkeeping definition

Accounting Tools

Related Courses Bookkeeper Education Bundle Bookkeeping Guidebook What is Bookkeeping? Bookkeeping involves the recordation of basic business transactions in a recordkeeping system. In essence, the term implies that an individual is tasked with the most common ongoing accounting transactions; more complex transactions are reserved for those with more advanced accounting training.

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Art of Accounting: A buyer of a practice who reneges on part of the deal

Accounting Today

Buying a practice has many triggers that can be pushed to make something go wrong.

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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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Relative sales value method definition

Accounting Tools

Related Courses Cost Accounting Fundamentals What is the Relative Sales Value Method? The relative sales value method is a technique used to allocate joint costs based on the prices at which products will be sold. For example, a production process incurs $100 of costs in order to create two products, one of which (Product A) will sell for $400 and the other (Product B) for $100.

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China rattles foreign firms again with arrests, Foxconn probe

Accounting Today

Regulators are conducting tax audits and reviewing land use by Foxconn, the Taiwanese company that makes the vast majority of iPhones at factories in China.

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Purchase ledger definition

Accounting Tools

Related Courses Bookkeeping Guidebook Purchasing Guidebook What is a Purchase Ledger? The purchase ledger is a subledger in which purchases are recorded. The purchase ledger is part of the accounting department's database; it is not maintained by the purchasing department. The ledger is useful for segregating into one location a record of the amounts a company spends with its suppliers.

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The Art of Effective Invoicing: Tips to Get Paid Faster

Invoicera

Are you finding it difficult to get prompt payments for the services offered to clients? Or are you sick of overdue invoices and wondering if there is any secret to a faster paycheck? If yes, you need to learn the art of effective invoicing, eventually changing the whole game of managing business finances. A study by MarketInvoice says 71% of SMEs face late payment issues that ultimately lead to financial strain and operational hiccups.

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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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Financial Fraud Report

Tipalti

As online scams become more sophisticated, it provides ample opportunities for threats to increase. That’s why, to understand cyberattacks better, we decided to reveal the US states with the highest and lowest rates of financial fraud.

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Get the Inside Scoop on NetSuite's New AI Features

Blake Oliver

If you couldn't attend SuiteWorld 2023, don't worry! I've got you covered with the latest updates and announcements directly from NetSuite founder Evan Goldberg. Evan joined The Accounting Podcast on location at SuiteWorld. In our interview, Evan gave us an overview of new AI capabilities coming soon to NetSuite. As accountants, this is something you'll want to pay attention to - these new features will make NetSuite even more powerful Let's dig into the key announcements: Text Enhance First is

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Tipalti vs Stripe

Tipalti

From automatic payments to global payables, see how Tipalti and Stripe stack up when it comes to choosing the best mass payment solution for your business.

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Top 3 Finance Trends for 2024

AvidXchange

In September 2023, AvidXchange conducted a survey of 500 finance executives to determine the biggest finance trends for 2024. We uncovered insights on: Artificial intelligence (AI) Business analytics Real-time payments (RTPs) … and more. Read on to learn more about how finance leaders are addressing these finance trends for 2024 within their departments today and into the New Year. 1.

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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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Variable Expense Ratio: What Is It And How To Calculate It?

Nanonets

Variable expenses are costs that fluctuate directly to changes in production or sales. These costs increase as a company produces and sells more goods or services and decrease when production or sales decline. Variable expenses commonly include materials, labor, and direct overhead for producing goods or services. By expressing the variable expense ratio as a percentage of sales revenue, businesses can assess the impact of variable costs on their profitability.

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The Art of Effective Invoicing: Tips to Get Paid Faster

Invoicera

Are you finding it difficult to get prompt payments for the services offered to clients? Or are you sick of overdue invoices and wondering if there is any secret to a faster paycheck? If yes, you need to learn the art of effective invoicing, eventually changing the whole game of managing business finances. A study by MarketInvoice says 71% of SMEs face late payment issues that ultimately lead to financial strain and operational hiccups.

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What is Disbursement? How It Works, Examples & FAQs

Nanonets

A disbursement refers to paying out or distributing money or funds from a source to recipients. It typically involves releasing funds for specific purposes, such as paying bills, making payments to suppliers, settling loans, or disbursing wages or salaries to employees. Disbursements can occur in various contexts, including personal finance, business operations, government expenditures, and financial institutions like banks and investment firms.

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Block sampling definition

Accounting Tools

Related Courses Guide to Audit Sampling How to Conduct an Audit Engagement What is Block Sampling? Block sampling is a sampling technique used in auditing, where a sequential series of selections is made. This approach is very efficient , since a large cluster of documents can be pulled from one location. However, a more random selection method would do a better job of sampling the entire population.

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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.

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Level 3 inputs definition

Accounting Tools

Related Courses Fair Value Accounting What are Level 3 Inputs? Level 3 inputs are at the bottom of a hierarchy of information sources that range from Level 1 (best) to Level 3 (worst) when dealing with asset and liability fair values. The general intent of these levels of information is to step the accountant through a series of valuation alternatives, where solutions closer to Level 1 are preferred over Level 3.

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Replacement cost definition

Accounting Tools

Related Courses Business Insurance Fundamentals Fair Value Accounting Mergers and Acquisitions What is Replacement Cost? Replacement cost is the price that an entity would pay to replace an existing asset at current market prices with a similar asset. If the asset in question has been damaged, then the replacement cost relates to the pre-damaged condition of the asset.

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Bond indenture definition

Accounting Tools

Related Courses Corporate Cash Management Corporate Finance Treasurer's Guidebook What is a Bond Indenture? A bond indenture is the contract associated with a bond. The terms of a bond indenture include a description of the bond features, restrictions placed on the issuer , and the actions that will be triggered if the issuer fails to make timely payments.

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Fixed overhead spending variance definition

Accounting Tools

Related Courses Cost Accounting Fundamentals What is the Fixed Overhead Spending Variance? The fixed overhead spending variance is the difference between the actual fixed overhead expense incurred and the budgeted fixed overhead expense. An unfavorable variance means that actual fixed overhead expenses were greater than anticipated. This is one of the better cost accounting variances for management to review, since it highlights changes in costs that were not expected to change when the fixed co

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How to Set Better OKRs and Drive Results

Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.