Insightful Accountant
JUNE 9, 2023
See how the First Real-Time Payments only solution empowers US businesses to get paid up to three days faster, while saving money on processing fees and streamlining workflows with automatic payment reconciliation.
Accounting Tools
JUNE 9, 2023
Related Courses Fixed Asset Accounting How to Audit Fixed Assets The disposal of assets involves eliminating assets from the accounting records. This is needed to completely remove all traces of an asset from the balance sheet (known as derecognition ). An asset disposal may require the recording of a gain or loss on the transaction in the reporting period when the disposal occurs.
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Enterprise Recovery
JUNE 9, 2023
If you've ever struggled with chronic late-paying clients or are silently seething over invoices that were never paid, you're probably considering commercial debt collection. Of course, you're wondering how much it'll cost and if you have time to research it. You may wonder how to escalate an unpaid debt to a collections agency and if they'll damage your client relationships.
Accounting Tools
JUNE 9, 2023
Related Courses Charitable Contributions Tax Guide Small Business Tax Guide What is a Tax Shield? A tax shield is the deliberate use of taxable expenses to offset taxable income. The intent of a tax shield is to defer or eliminate a tax liability. This can lower the effective tax rate of a business or individual, which is especially important when their reported income is quite high.
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.
Less Accounting
JUNE 9, 2023
Статьи Ставки в реальном времени Бет365 Игровые автоматы Конгломерат Игрок высокого уровня на реальные деньги, у вас есть множество вариантов. Игорное заведение Crimson Puppy является одним из лучших онлайн-казино, которое предлагает отличные игры, дополнительные бонусы и возможность делать ставки на мобильные устройства. Настоящее казино предлагает жизнь фермера, а также щедрые приятные бонусы и регулярную праздничную рекламу.
Accounting Tools
JUNE 9, 2023
Related Courses New Manager Guidebook What is an Investment Center? An investment center is a business unit within an entity that has responsibility for its own revenue , expenses , and assets , and whose financial results are based on all three factors. It is considered to be any aspect of a business that can be segregated for reporting purposes as a separate operating entity, usually in the form of a division or subsidiary.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Cloud Accounting Podcast
JUNE 9, 2023
David is a lifelong programmer who founded Expensify in 2008 and built it into the most popular "pre-accounting" platform on the planet. Hear David's vision for the New Expensify, in which every payment is a conversation. Meet Our Guest: David Barrett, CEO of Expensify [link] Learn more about Expensify [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Get in Touch Thanks for listening and for the great reviews!
Economize
JUNE 9, 2023
Discover the power of blog content marketing in our comprehensive guide. Dive deep into its vital role in the inbound marketing strategy, its benefits for B2B companies, and practical steps to craft an effective content strategy. This guide also sheds light on SEO techniques to optimize your blog content, the importance of tracking and analytics, and much more.
Accounting Fun
JUNE 9, 2023
KitKat - Always taking a break Butter knife - Not the sharpest tool in the box Arthur - Only does 'half a' job Motion light - Only works when someone walks past E.T.
Economize
JUNE 9, 2023
Discover effective strategies to curb your escalating cloud costs with our insightful guide, "7 Best Ways To Reduce Cloud Costs With Cost Management Tools".
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
JUNE 9, 2023
What is Responsibility? Responsibility is the obligation to perform a task. Authority and responsibility should be paired, so that authority gives someone the force to achieve a task. When a person has authority but is not held responsible for his actions, there is a strong risk that the person will act in a tyrannical manner. When a person has responsibility but no authority, the person must rely on persuasion to get work done, which may yield minimal results.
Accounting Tools
JUNE 9, 2023
What is a Consignment? A consignment occurs when the owner of goods leaves them with another party to be sold. When the goods are eventually sold, the consignee retains a commission and pays the consignor the residual amount. If the goods are not sold, then the consignee eventually returns them to the consignor. If the unsold goods are perishable, the consignor might instruct the consignee to throw them away, rather than returning them.
Accounting Tools
JUNE 9, 2023
Related Courses Activity-Based Costing Cost Accounting Fundamentals What is Cost Accounting? Cost accounting involves the recordation, analysis, and reporting of costs to management. The intent behind this type of accounting is to provide insights into the cost structure of a business that can be used to better manage it, thereby improving profitability.
Accounting Tools
JUNE 9, 2023
What is a Customs Duty? A customs duty is a levy imposed on imported or exported goods. This is a form of tax, and is typically calculated based on the value of the goods being imported or exported, or some other measure, such as its weight or cubic volume. A customs duty is usually imposed in order to provide revenue for a government, though it may also be imposed in order to protect a domestic industry from lower-priced goods coming into the country.
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All accounting teams know what it is like to dread the inevitable month-end scaries. If there was a way to feel less burdened and maybe even a little enthusiastic to work on your month-end close and reconciliation process, would you do it? No, don't answer that, of course you would! Automate your month-end close process by up to 40% with SkyStem's ART and see how much more alive you feel!
Accounting Tools
JUNE 9, 2023
Related Courses Guide to Audit Working Papers How to Conduct an Audit Engagement The Interpretation of Financial Statements What is a Supporting Schedule? A supporting schedule is a detailed itemization of the contents of an account. It is frequently used by auditors as part of their examination of the accounting records of a client, during their audit of the firm’s financial statements.
Accounting Tools
JUNE 9, 2023
Related Courses Accountants' Guidebook Bookkeeping Guidebook Revenue Recognition What is Deferred Income? Deferred income is an advance payment from a customer for goods or services that have not yet been delivered. The concept is commonly applied to the receipt of money related to service contracts or insurance, where the related benefits may not be completed until a number of accounting periods have passed.
Accounting Tools
JUNE 9, 2023
Related Courses Divestitures and Spin-Offs What is Divestment? Divestment is the process of eliminating assets from an organization. The general reason for doing so is to increase the value of a business by reorienting its capital into better investment opportunities. Reasons for Divestment There are many reasons for engaging in an asset divestment.
Accounting Tools
JUNE 9, 2023
Related Courses Guide to Audit Working Papers How to Conduct an Audit Engagement What is a Lead Schedule? A lead schedule is a working paper that lists the detailed general ledger accounts comprising a line item in the financial statements. The total on a lead schedule should match the total for the corresponding line item in a client’s financial statements.
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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.
Accounting Tools
JUNE 9, 2023
Related Courses Activity-Based Costing Cost Accounting Fundamentals What is Target Costing? Target costing is a system under which a company plans in advance for the price points , product costs , and margins that it wants to achieve for a new product. If it cannot manufacture a product at these planned levels, then it cancels the design project entirely.
Accounting Tools
JUNE 9, 2023
Related Courses Fixed Asset Accounting How to Audit Fixed Assets The Interpretation of Financial Statements What is Net Fixed Assets? Net fixed assets is the aggregation of all assets , contra assets , and liabilities related to a company's fixed assets. The concept is used to determine the residual fixed asset or liability amount for a business. The calculation of net fixed assets is: + Fixed asset purchase price (asset) + Subsequent additions to existing assets (asset) - Accumulated depreciati
Accounting Tools
JUNE 9, 2023
Related Courses Accounting for Inventory Cost Accounting Fundamentals What is Job Costing? Job costing involves the accumulation of the costs of materials, labor, and overhead for a specific job. This approach is an excellent tool for tracing specific costs to individual jobs and examining them to see if the costs can be reduced in later jobs. An alternative use is to see if any excess costs incurred can be billed to a customer.
Accounting Tools
JUNE 9, 2023
Related Courses Accounting for Earnings per Share What is the Diluted Earnings per Share Formula? Diluted earnings per share is the profit per share of common stock outstanding, assuming that all convertible securities were converted to common stock. The reason for stating diluted earnings per share is so that investors can determine how the earnings per share attributable to them could be reduced if a variety of convertible instruments were to be converted to stock.
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.
Accounting Tools
JUNE 9, 2023
Related Courses Accounting for Inventory Activity-Based Costing Cost Accounting Fundamentals What is Overhead Allocation? Overhead allocation is the apportionment of indirect costs to produced goods. It is required under the rules of various accounting frameworks. In many businesses, the amount of overhead to be allocated is substantially greater than the direct cost of goods, so the overhead allocation method can be of some importance.
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