Accounting Today

OCTOBER 23, 2023

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 311

CPA Accounting Accounting 311

Intuit

OCTOBER 23, 2023

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.

QuickBooks 246

QuickBooks 246

Accounting Today

OCTOBER 23, 2023

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.

Accounting 294

Accounting Accounting 294

CloudZero

OCTOBER 23, 2023

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.

FinOps 104

FinOps FinOps 104

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

OCTOBER 23, 2023

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 327

Tax 327

Insightful Accountant

OCTOBER 23, 2023

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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Gaviti

OCTOBER 23, 2023

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.

Budgeting 97

Budgeting Collections Accounts Receivable Accounts Receivable 97

Accounting Today

OCTOBER 23, 2023

Lots of outsiders are disrupting accounting; it's time for accountants to disrupt back.

Accounting 311

Accounting Accounting 311

Insightful Accountant

OCTOBER 23, 2023

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

Accounting 89

Accounting Accounting Tax 89

Accounting Today

OCTOBER 23, 2023

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 183

Tax Corporation Tax 183

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.

Accounting Tools

OCTOBER 23, 2023

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.

Bookkeeping 75

Bookkeeping Financial Statements Payroll Deposits 75

Accounting Today

OCTOBER 23, 2023

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.

Auditing 164

Auditing Tax 164

Accounting Tools

OCTOBER 23, 2023

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.

Cost Accounting 75

Cost Accounting Accounting Accounting 75

Accounting Today

OCTOBER 23, 2023

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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Accounting

Accounting Tools

OCTOBER 23, 2023

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.

General Ledger 67

General Ledger Accounts Payable Accounts Payable Purchase Order 67

Accounting Today

OCTOBER 23, 2023

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

Accounting 177

Accounting Accounting 177

Invoicera

OCTOBER 23, 2023

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.

Invoicing 59

Invoicing Invoice Processing Billing Collections 59

Tipalti

OCTOBER 23, 2023

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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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

Blake Oliver

OCTOBER 23, 2023

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

Collections 52

Collections Accounting Accounting 52

AvidXchange

OCTOBER 23, 2023

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.

Invoicing 52

Invoicing Customer Service 52

Nanonets

OCTOBER 23, 2023

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.

Budgeting 52

Budgeting Accounting Accounting 52

Invoicera

OCTOBER 23, 2023

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.

Invoicing 52

Invoicing Billing Invoice Processing Collections 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.

Nanonets

OCTOBER 23, 2023

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.

Record Keeping 52

Record Keeping Payroll Financial Statements Accounts Payable 52

Tipalti

OCTOBER 23, 2023

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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Accounting Tools

OCTOBER 23, 2023

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.

Auditing 40

Auditing Invoicing 40

Accounting Tools

OCTOBER 23, 2023

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.

Accounting 40

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

OCTOBER 23, 2023

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.

Budgeting 40

Budgeting Accounting Accounting Cost Accounting 40

Accounting Tools

OCTOBER 23, 2023

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.

Corporate Finance 40

Corporate Finance Accounting Accounting 40

Accounting Tools

OCTOBER 23, 2023

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

Budgeting 40

Budgeting Cost Accounting Accounting Accounting 40

Accounting Tools

OCTOBER 23, 2023

Related Courses Corporate Cash Management Payables Management Treasurer's Guidebook What is Bilateral Netting? Bilateral netting is the consolidation of all scheduled payments between two counterparties , with only the net difference being paid. This typically calls for the use of a netting agreement that both parties commit to follow. Advantages of Bilateral Netting Bilateral netting greatly reduces the amount of foreign exchange flows between two parties, thereby reducing foreign exchange tran

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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.