Insightful Accountant
MAY 7, 2023
Cloud Accounting Podcast host David Leary shows you the secret to improving your workflows and saving time. Sign up for the Future Forward webinar today.
Accounting Tools
MAY 7, 2023
Related Courses Accounting for Inventory Cost Accounting Fundamentals The Interpretation of Financial Statements What is the Cost of Goods Sold? Cost of goods sold is the total of all costs used to create a product or service, which has been sold. These costs fall into the general sub-categories of direct labor , direct materials , and overhead. Direct labor and direct materials are variable costs , while overhead is comprised of f ixed costs (such as utilities, rent, and supervisory salaries).
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Less Accounting
MAY 7, 2023
Mobile or portable poker is the planting over the last small number of dozens of years rapidly. These reviews often detall the experiences of the people regarding the provider of the cellular betting internet site they possess visited. You must know most online casinos are not the ones who develop their software but utilize third party providers. Sadly i must say, you won’t come to be equipped to have live comfortably vendor activities for cellular, but shouldn’t stress.
Nanonets
MAY 7, 2023
Do you know what credit card reconciliation is? If not, don't worry, you're not alone. Many people need to learn what credit card reconciliation is and why it's essential. Let’s see. Business credit cards were all the rage before the pandemic, with over 67% of business owners having a business credit card. After the pandemic, business credit card payments showed a strong positive trend, with a market evaluation of $14.1 Billion in 2020 only for North American regions.
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.
IMA's Count Me
MAY 7, 2023
Join us on the next Count Me In as we delve into the world of accounting and finance with Megan Weiss, YP and General manager, FAO services and host of the CFO weekly podcast at Personiv. Learn about the talent shortage in the accounting industry, the benefits and challenges of outsourcing, and how recent events have impacted the profession. Don't miss this insightful conversation about the future of accounting and how companies can adapt to thrive.
Insightful Accountant
MAY 7, 2023
A new report by Xero shines a light on the fiscal and personal pressures of business ownership that entrepreneurs are feeling across seven countries in five continents.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Accounting Tools
MAY 7, 2023
Related Courses The Balance Sheet The Income Statement What are Prepaid Expenses? A prepaid expense is an expenditure that is paid for in one accounting period , but for which the underlying asset will not be entirely consumed until a future period. An example of a prepaid expense is insurance , which is frequently paid in advance for multiple future periods; an entity initially records this expenditure as a prepaid expense, and then charges it to expense over the usage period.
Accounting Tools
MAY 7, 2023
Related Courses Financial Analysis What is Labor Productivity? Labor productivity measures the efficiency of the people in a country or organization. It can be influenced in a positive manner by requiring employees to engage in targeted training, by installing new production and service techniques, introducing automation, and similar measures. In particular, the use of automation strips labor hours out of the denominator of the labor productivity calculation, yielding a much higher labor product
Accounting Tools
MAY 7, 2023
What is a Contingency Reserve? A contingency reserve is retained earnings that have been set aside to guard against possible future losses. A contingency reserve is needed in situations where a business occasionally suffers significant losses, and needs reserves to offset those losses. By setting up a contingency reserve, a board of directors is sending a signal to shareholders that the reserved funds are not available for distribution to them as dividends.
Accounting Tools
MAY 7, 2023
Related Courses Bookkeeping Guidebook What is a Write Off? A write off is a reduction in the recorded amount of an asset. A write off occurs upon the realization that an asset no longer can be converted into cash , can provide no further use to a business, or has no market value. Thus, a write off is mandated when an account receivable cannot be collected, when inventory is obsolete, when there is no longer any use for a fixed asset , or when an employee leaves the company and is not willing to
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.
Accounting Tools
MAY 7, 2023
Related Courses Quality Management Fundamentals What is the Cost of Conformance? The cost of conformance includes all expenses incurred to ensure that a product meets the minimum quality standard. Conformance costs include standards application, employee training, process documentation, product inspections, and product testing. When incurring these costs , the intent is to avoid product failures.
Accounting Tools
MAY 7, 2023
Related Courses Cost Accounting Fundamentals What is the Labor Efficiency Variance? The labor efficiency variance measures the ability to utilize labor in accordance with expectations. The variance is useful for spotlighting those areas in the production process that are using more labor hours than anticipated. If the variance outcome is unfavorable, there will likely to be a review by industrial engineers to see if the underlying process can be improved to reduce the number of production hours
Accounting Tools
MAY 7, 2023
Related Courses Mergers and Acquisitions Real Estate Accounting What is the Market Approach? The market approach is a valuation method used to derive the value of an asset or business. Under this method, the prices at which similar assets have recently sold are used as the basis for an asset valuation. The amounts of these recent sales are adjusted for any differences between the characteristics of the assets sold and the characteristics of the item being valued, with an emphasis on differences
Accounting Tools
MAY 7, 2023
Related Courses How to Conduct an Audit Engagement What are Alternative Procedures? Alternative procedures are those additional audit tests used when the original set of planned audit procedures cannot be performed or prove to be ineffective. After alternative procedures have been performed, the auditor must determine whether sufficient additional audit evidence has been collected.
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.
Accounting Tools
MAY 7, 2023
Related Courses How to Conduct an Audit Engagement What are Concurrent Audit Techniques? Concurrent audit techniques involve the ongoing automated examination of business processes. This is achieved by embedding audit sub-routines into the application systems used by employees to process transactions. The system then flags unusual transactions for review by the audit staff.
Accounting Tools
MAY 7, 2023
Related Courses Accounting Controls Guidebook What are Control Activities? Control activities are those policies and procedures used to ensure that an organization carries out the directives of the management team. There are many control activities, including the segregation of duties to require the involvement of multiple personnel in transactions , and the physical safeguarding of assets to reduce their risk of loss.
Accounting Tools
MAY 7, 2023
Related Courses Ethical Frameworks in Accounting Ethical Responsibilities Professional Rules of Conduct What are Professional Ethics? Professional ethics are standards set by professional organizations for the behavior and values of people working within a specific field. Codes of professional ethics are established in order to provide guidance to professionals, usually to not abuse client relationships and preserve the integrity and reputation of the applicable profession.
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