Wed.Nov 08, 2023

article thumbnail

Vendor Spotlight: Puzzle

Accounting Today

In this Vendor Spotlight we catch up with Sasha Orloff, co-founder and CEO of AI-based accounting solution Puzzle, which launched this past July.

article thumbnail

Xero’s H1 FY24 financial results: Evolving Xero to deliver on our global aspirations

Xero

Today we announced Xero’s half year financial and operating results to 30 September 2023 (H1 FY24). The results highlight our continued strong revenue growth, which contributed to Xero’s emerging profitability. The strong operating results saw operating revenue up 21% (20% in constant currency (CC)) to $799.5 million. This, along with disciplined cost management and restructuring outcomes, supported a 90% increase in EBITDA compared to H1 FY23, to $206.1 million.

XERO 264
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Grant Thornton lays off 200 more employees

Accounting Today

The move comes after the firm cut 300 jobs earlier this year, despite reaching record levels of revenue.

341
341
article thumbnail

Building Inclusion: supporting career transitions of veterans through mentorship

Intuit

Tell us a little bit about yourself, your connection to the military, and what brought you to Intuit. I am originally from California, but moved to Tucson when I met my spouse. My grandfather served in the U.S. Army Air Forces and my stepfather served in the U.S. Air Force. On my spouse’s side, I ended up surrounded by veterans, with my spouse’s father, brother, grandfather, and grandmother all having served.

246
246
article thumbnail

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.

article thumbnail

Cybersecurity for CPAs: Don't empower imposters

Accounting Today

By clicking on malicious links and then entering your login information, you risk letting cybercriminals pretend to be you and send out $250,000 worth of fake invoices.

Invoicing 337
article thumbnail

FundThrough Ranked Number 431 Fastest-Growing Company in North America on the 2023 Deloitte Technology Fast 500™

FundThrough

For Immediate Release PR Contact: Helen Shacklett, Sr. Manager Communications, FundThrough, hshacklett@fundthrough.com FundThrough Ranked Number 431 Fastest-Growing Company in North America on the 2023 Deloitte Technology Fast 500™ Attributes 280% Revenue Growth to integrated partnerships and increased solution awarness. Toronto, ON – November 8, 2023 – FundThrough today announced it ranked 431 on the Deloitte Technology […] The post FundThrough Ranked Number 431 Fastest-Growing Comp

105
105

More Trending

article thumbnail

It's 'Suite Success' for Brazilian Manufacturer MogiGlass

Insightful Accountant

This week in our 'International coverage,' Insightful Accountant is featuring MogiGlass of São Paulo, Brazil, which is using NetSuite to make its processes more efficient and provide a platform for continued growth.

article thumbnail

IPSASB unveils accounting standard for retirement benefit plans

Accounting Today

The International Public Sector Accounting Standards Board has issued an accounting standard for governments around the world to use for reporting on retirement plans.

article thumbnail

How Big Data Is Impacting Accounting Firms in 2023

Ace Cloud Hosting

In the world of numbers, a silent revolution is underway. Imagine your accounting processes not just keeping numbers but predicting the future. That’s the magic of Big Data in accounting!

article thumbnail

Set your firm apart with advisory services

Accounting Today

How to offer advisory services the right way

article thumbnail

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.

article thumbnail

Disposal account definition

Accounting Tools

Related Courses Fixed Asset Accounting How to Audit Fixed Assets What is a Disposal Account? A disposal account is a gain or loss account that appears in the income statement , and in which is recorded the difference between the disposal proceeds and the net carrying amount of the fixed asset being disposed of. The account is usually labeled "Gain/Loss on Asset Disposal.

article thumbnail

Trader loses last fight to kick out $1.8B U.K. tax fraud case

Accounting Today

The U.K. Supreme Court rejected lawyers' claims that London isn't the proper place for the Danish tax agency to bring its claim.

Tax 200
article thumbnail

Just-in-time inventory control

Accounting Tools

Related Courses Accounting for Inventory How to Audit Inventory Inventory Management What is Just-in-Time Inventory Control? Just-in-time (JIT) inventory control reduces the amount of inventory that a company maintains. The concept is based on a cluster of lean manufacturing activities that are designed to only manufacture enough products to meet customer demand.

article thumbnail

Eide Bailly merges in Secore & Niedzialek

Accounting Today

Eide Bailly, a Top 20 Firm based in Fargo, North Dakota, has added Secore & Niedzialek PC, a CPA and tax planning firm based in Phoenix.

CPA 145
article thumbnail

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.

article thumbnail

6 Ways QuickBooks Online Helps Manage Your Payables

Reconciled Solutions

Keeping track of the money you owe can be challenging, but it's critical. Here's how QuickBooks Online can help you manage your payables. The post 6 Ways QuickBooks Online Helps Manage Your Payables appeared first on Reconciled Solutions.

article thumbnail

Plooto Ranked on the Deloitte Technology Fast 500™ and Technology Fast 50™ Canada for Triple Digit Growth

Plooto

Plooto named a 2023 winner of the Deloitte Technology Fast 50™ Canada and Fast 500 North America awards with 433% growth rate.

59
article thumbnail

What is the 3-Way Matching Process in Accounts Payable?

AvidXchange

As an AP professional, the last thing you want to do is pay a fraudulent or inaccurate invoice. Today, an increasing number of businesses are using 3-way matching processing to mitigate this risk and reign in company spending. Learn More About 3-Way Matching Automation Table of Contents What is 3-Way Matching in Accounts Payable? AP 3-way matching is the process of taking an invoice for the purchase of goods or services and matching it with the corresponding purchase order (PO) and receiving in

article thumbnail

Bookkeeper Job Description

Bookkeepers.com

Here’s what you need to know about the bookkeeper job description before you start your bookkeeping career. RELATED: Starting a Bookkeeping Business In this article: Has Knowledge on Bookkeeping and Familiar with General Accounting Principles Analytical Able to Deal with Complex Processes Has Problem-Solving Skills Excellent Data Entry and Record-Keeping Skills Attentive to Details and … Bookkeeper Job Description Read More » The post Bookkeeper Job Description appeared first on Bookk

article thumbnail

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.

article thumbnail

How Much Do Benefits Cost Per Employee?

CSI Accounting & Payroll

As a small business owner, you may feel like you can’t afford to offer benefits to your employees. While this is a very real situation for many small employers, there’s a wide variety of benefits that you can offer - and some of them are free! Plus, keeping employee satisfaction high with benefits can actually save you money in the long run when you consider the costs of turnover.

Payroll 52
article thumbnail

The Top 4 Non-Productive Activities for Firm Owners

Future Firm

Maximize efficiency by recognizing and minimizing non-productive tasks. Explore the top 4 tasks to enhance productivity. The post The Top 4 Non-Productive Activities for Firm Owners appeared first on Future Firm.

article thumbnail

Advanced AI Applications in Accounting 

Dext

In a world awash with financial data, manual accounting methods now seem almost archaic. Picture heaps of paperwork, long hours and an endless cycle of coffee refills. Although we’ve achieved the capability to collect data like never before, the question remains: How do we manage and make sense of it all?

article thumbnail

3 Digital Marketing Trends Transforming Accounting Firms

Blake Oliver

Did you know top accounting firms are now generating 6-figure leads from their websites? Digital channels are rapidly replacing traditional networking. Here are three marketing trends that should excite and inspire us all.

article thumbnail

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

article thumbnail

Bookkeeper Job Description

Bookkeepers.com

Here’s what you need to know about the bookkeeper job description before you start your bookkeeping career. RELATED: Starting a Bookkeeping Business In this article: Has Knowledge on Bookkeeping and Familiar with General Accounting Principles Analytical Able to Deal with Complex Processes Has Problem-Solving Skills Excellent Data Entry and Record-Keeping Skills Attentive to Details and … Bookkeeper Job Description Read More » The post Bookkeeper Job Description appeared first on Bookk

article thumbnail

Restructuring charge definition

Accounting Tools

What is a Restructuring Charge? A restructuring charge is a large one-time write-off taken by a business in contemplation of a reorganization. The charge is taken in advance in order to take a one-time "hit" for the full amount of all expected reorganization costs, after which there should be no additional charges. Examples of the costs that may be considered when compiling this charge are employee layoffs, the sale of assets, and shifting assets to new locations.

40
article thumbnail

Member Spotlight: Endless Opportunities to Grow

NACM

Credit professionals who have been in the industry for decades can fall into a routine of doing what they've always known. NACM's Professional Certification Program gives credit professionals an opportunity to refresh those skills and even learn new ways to complete day-to-day responsibilities.With six levels of certification, Julie Leopard, C.

5
article thumbnail

Rights and obligations definition

Accounting Tools

Related Courses Essentials of Business Law What are Rights and Obligations? Rights and obligations are an underlying assertion used in the construction of financial statements , stating that the organization has title to its stated assets and has an obligation to pay its stated liabilities. For example, management is asserting that an entity has title to the fixed assets that are summarized into a line item on the organization's balance sheet.

article thumbnail

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.

article thumbnail

Ivanka testifies she had no role in dad's net worth claims

Accounting Today

Her answers, and the documents displayed to her on the stand, show she was deeply aware of the importance of his net worth in securing the best terms on loans.

article thumbnail

Redistributed cost definition

Accounting Tools

Related Courses Cost Accounting Fundamentals What is a Redistributed Cost? A redistributed cost is a cost that has been allocated from one department to another. This situation arises when the costs of a service department (such as the IT department or the janitorial department) are charged out to other departments within a business that utilize their services.

article thumbnail

Can AI Become An Accounting Expert?

Cloud Accounting Podcast

Blake and David examine the downfall of FTX and founder Sam Bankman-Fried and look at some controversies around Deloitte auditors backdating audit paperwork in Canada, receiving only a minor fine. They also marvel at Donald Trump's attempt to blame accountants for alleged financial statement fraud in his organization. All this, and other news including NASBA's CEO's upcoming retirement, IRS budget cut updates, and generational differences around public accounting work environments.

CPA 69
article thumbnail

Asset coverage ratio

Accounting Tools

Related Courses Business Ratios Guidebook The Interpretation of Financial Statements What is the Asset Coverage Ratio? The asset coverage ratio measures how well an organization can pay its debts. It is used by outside analysts, such as lenders and investors , when conducting an examination of the finances of a business. In particular, a lender wants this ratio to exceed a minimum threshold level before it will agree to lend money to a borrower.

article thumbnail

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.