Accounting Today

NOVEMBER 1, 2023

In an ever-shifting global landscape full of economic uncertainties, the traditional role of chief financial officers is undergoing a seismic evolution.

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Accounting Department

NOVEMBER 1, 2023

Business owners strive to maximize their company’s profits. After all, profits are the primary metric of a successful business. However, not everyone understands the difference between revenue and profit, and why it matters for their business.

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Accounting Accounting 257

Accounting Today

NOVEMBER 1, 2023

The service issued its annual adjustments for retirement plans, with some reflecting changes in the SECURE 2.0 Act.

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Tax 319

Xero

NOVEMBER 1, 2023

We’re excited to announce our official judging panel for the Xero Awards UK 2024. This year’s panel is made up of Xero leadership, as well as guest judges from the Xero community, including previous Xero Award-winners and industry leaders. They’re taking on the difficult task of selecting our winners for the 12 accountant, bookkeeper and app partner award categories.

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XERO Bookkeeping Account Bookkeeping Invoicing 203

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

NOVEMBER 1, 2023

A new proposal would create new definitions of digital goods for state taxation.

Tax 300

Tax 300

Insightful Accountant

NOVEMBER 1, 2023

I put my mind to work while I was at SuiteWorld to think about new ways to 'imagineer' the uses for the new NetSuite Field Service Management feature.

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Accounting Tools

NOVEMBER 1, 2023

Related Courses How to Audit Payroll Optimal Accounting for Payroll Payroll Management The calculation of payroll involves the determination of gross pay , followed by the subtraction of deductions and payroll taxes to arrive at net pay. The calculation of payroll is a highly regimented process. This calculation should be followed meticulously, to ensure that there are no mistakes in the amount of net pay issued to employees , or taxes paid to the government.

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Payroll Accruals Collections Tax 75

Accounting Today

NOVEMBER 1, 2023

Choreo, a Chicago-based independent investment advisory firm that spun off from Top 10 Firm RSM US last year, has acquired an $8.1 billion wealth management practice from BDO USA.

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Accounting Tools

NOVEMBER 1, 2023

Related Courses Financial Analysis The Interpretation of Financial Statements Cost volume profit analysis shows how changes in product margins, prices, and unit volumes impact the profitability of a business. It is one of the fundamental financial analysis tools for ascertaining the breakeven point , given different cost levels and sales volumes. The components of the analysis are as follows: Activity Level The activity level is the total number of units sold in the measurement period.

Financial Analysis 75

Financial Analysis Financial Statements 75

Accounting Today

NOVEMBER 1, 2023

Adams Brown merged in VonFeldt, Bauer & VonFeldt; Doeren Mayhew acquired practice from Button Eddy & Sorrentino; and the Virginia Society of CPAs acquired Don Farmer, CPA, PA.

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CPA Accounting Accounting 177

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

NOVEMBER 1, 2023

Related Courses Accounting for Intangible Assets Fixed Asset Accounting How to Audit Fixed Assets A patent is considered an intangible asset ; this is because a patent does not have physical substance, and provides long-term value to the owning entity. As such, the accounting for a patent is the same as for any other intangible fixed asset, which is: Initial recordation.

Accounting 75

Accounting Accounting Auditing 75

Accounting Today

NOVEMBER 1, 2023

The Public Company Accounting Oversight Board has revised its standard-setting, rulemaking and research agendas for the year ahead after a series of unprecedented changes this past year.

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Accounting Accounting Auditing 177

Accounting Tools

NOVEMBER 1, 2023

Related Courses Accounting for Inventory Cost Accounting Fundamentals How to Audit Inventory Direct material is the physical items built into a product. For example, the direct materials for a baker include flour, eggs, yeast, sugar, oil, and water. The direct materials concept is used in cost accounting , where this cost is separately classified in several types of financial analysis.

Financial Analysis 75

Financial Analysis Cost Accounting Budgeting Auditing 75

Accounting Today

NOVEMBER 1, 2023

Annual pay increased 5.7% year over year in another sign of continuing strength in the economy despite interest hikes and inflation.

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Payroll Accounting Accounting 177

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Accounting

Accounting Tools

NOVEMBER 1, 2023

Related Courses Accounting for Inventory Cost Accounting Fundamentals What is Factory Cost? Factory cost refers to the total cost required to manufacture goods. This concept is the basis for several cost accounting analyses. Factory costs have traditionally been broken down into the following three categories of cost. Direct Materials Direct materials is the cost of those materials directly associated with the production of goods.

Cost Accounting 75

Cost Accounting Accounting Accounting 75

Accounting Today

NOVEMBER 1, 2023

In this Vendor Spotlight, we learn more about procure-to-pay solution Airbase.

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Accounting Tools

NOVEMBER 1, 2023

Related Courses Accountants' Guidebook Bookkeeping Guidebook New Controller Guidebook An accountant is a person who records business transactions on behalf of an organization, reports on company performance to management, and issues financial statements. Here are several examples of the types of transactions in which an accountant may become involved: Issuing an invoice to a customer , which involves recording a sale and account receivable.

General Ledger 75

General Ledger Accounting Accounting Financial Statements 75

Accounting Today

NOVEMBER 1, 2023

Jean Stephens, who has led the group for 17 years, plans to step down in May 2024 and become a senior advisor to the network.

Accounting 131

Accounting Accounting 131

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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

Ace Cloud Hosting

NOVEMBER 1, 2023

In today’s ever-changing world, tax professionals face a daunting challenge: keeping up with the ever-evolving tax laws and regulations. With the increasing globalization of business and the rapid pace of.

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Tax QuickBooks 71

Cloud Accounting Podcast

NOVEMBER 1, 2023

A former Vegas hotel manager is accused of stealing over $773,000 in guest refunds and using the money to live lavishly. We unpack how he allegedly pulled off the massive refund scam and what could have been done to catch it sooner. Need CPE? Get CPE for listening to podcasts with Earmark: [link] Subscribe to the Earmark Podcast: [link] Get in Touch Thanks for listening and the great reviews!

Accounting 60

Accounting Accounting 60

AvidXchange

NOVEMBER 1, 2023

LaneTerralever, a premier full-service creative and digital marketing agency, is known for strengthening the connection between people and brands through strategy, creativity and technology. With award-winning campaigns that go beyond the scope of creative, the company understands what it takes to be successful in a complex and crowded marketplace. It takes more than a great idea.

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AP Customer Service Billing Invoicing 52

Future Firm

NOVEMBER 1, 2023

Effectively managing emails can be a time-consuming task. Explore these tools that can aid in handling your inbox and enhance efficiency. The post 3 Top Tools for Efficient Email appeared first on Future Firm.

Accounting 52

Accounting Accounting 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.

Tipalti

NOVEMBER 1, 2023

Effortlessly calculate invoice processing fees with our Stripe fee calculator. Get precise cost breakdowns and help streamline your payment processing.

Invoice Processing 52

Invoice Processing Invoicing 52

Accounting Tools

NOVEMBER 1, 2023

Related Courses Business Combinations and Consolidations CPA Firm Mergers and Acquisitions Divestitures and Spin-Offs Mergers and Acquisitions What is a Management Buyout? A management buyout occurs when the existing management team of a business buys the company from its shareholders. This can generate substantial wealth for the management team and gives them greater control over the business.

CPA 40

CPA 40

Accounting Today

NOVEMBER 1, 2023

Letitia James alleges all three Trump children were central figures in a scheme to inflate the former president's assets by as much as $3.6 billion a year to get better terms on loans and insurance policies.

Accounting 171

Accounting Accounting 171

Accounting Tools

NOVEMBER 1, 2023

Related Courses Constraint Management Cost Accounting Fundamentals What is Capacity Cost? Capacity costs are expenditures made to provide a certain volume of goods or services to customers. For example, a company may operate a production line on three shifts in order to provide goods to its customers in a timely manner. Each successive shift constitutes an incremental capacity cost.

Cost Accounting 40

Cost Accounting Tax 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 Today

NOVEMBER 1, 2023

House Republicans would paid for aid to Israel by slashing funds for the Internal Revenue Service.

Billing 177

Billing Tax 177

Accounting Tools

NOVEMBER 1, 2023

Related Courses Investor Relations Guidebook Public Company Accounting and Finance What is an Earnings Call? An earnings call is a conference call between the senior managers of a public company and members of the investment community, to discuss the performance of the business. Earnings calls are intended to provide investors with additional clarification about the financial results and financial position stated in a firm’s financial statements , typically expanding upon and explaining financia

Financial Statements 40

Financial Statements Financial Reporting Accounting Accounting 40

Accounting Tools

NOVEMBER 1, 2023

Related Courses Fraud Examination Fraud Schemes How to Audit for Fraud What is Aggressive Accounting? Aggressive accounting is the use of optimistic projections or gray areas in the accounting standards to overstate a firm’s financial performance. These actions are taken to give the investment community a falsely enhanced view of a business, or for the personal gain of management.

Accounting 40

Accounting Accounting Financial Statements Auditing 40

Accounting Tools

NOVEMBER 1, 2023

Related Courses Fair Value Accounting What is an Orderly Transaction? An orderly transaction is a monetary business event for which there has been a sufficient amount of time to engage in normal marketing activities to inform the parties adequately about the transaction. Conversely, it is not a forced transaction, such as a bankruptcy sale, where the resulting prices tend to be much lower.

Accounting 40

Accounting Accounting 40

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