Accounting Today

DECEMBER 13, 2023

The Financial Accounting Standards Board released its long-awaited accounting standards update to improve the accounting for and disclosure of certain cryptoassets.

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Financial Accounting Accounting Accounting 319

Accounting Department

DECEMBER 13, 2023

With a new year just around the corner, it's time for organizations to start thinking about their budgets for 2024 - if they haven't already. Effective budgeting and planning are critical to the success of any business. It helps in making smart financial decisions, optimizing resource allocation, and achieving business objectives.

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Budgeting Accounting Accounting 244

Accounting Today

DECEMBER 13, 2023

The International Federation of Accountants wants organizations to combine sustainability reporting with their existing internal control and governance frameworks.

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Accounting Accounting 305

Xero

DECEMBER 13, 2023

In the early 2000s, accessing the internet was through a dial-up connection which could take anywhere from 30 seconds to a couple of minutes to establish a connection. In 2023, generative AI tools can generate poems, short stories and complex legal and medical documents in a matter of seconds. The pace of technological change is accelerating and it’s reshaping just about every aspect of how we live, work, socialise and play.

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XERO Computation Billing Financial Services 217

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

DECEMBER 13, 2023

What good is a door you don't close? What's the point of going through all the trouble of having a secure space if someone can just walk right in?

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ProsperOps

DECEMBER 13, 2023

“Faces in FinOps” is hosted by Jon Myer and powered by ProsperOps. Greetings and welcome to another stellar episode of the Faces In FinOps Podcast, powered by ProsperOps, with your host, Jon Myer. This week we’re excited to have Eli Mansoor , a FinOps evangelist and CEO/Founder of OskaQ Consulting , a business focusing on improving cloud customers’ gross margin by optimizing vendors’ agreements and cloud spend.

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FinOps FinOps 130

ProsperOps

DECEMBER 13, 2023

Autonomous Optimization for Cyclical Workloads Globally I’m excited to announce our newest feature: Global Cyclical Optimization Support. Earlier this year, we launched a precursor capability called Advanced Cyclical Optimization Support. That update implemented cyclical workload optimization for EC2 usage at the region level. Specifically, if aggregate usage patterns for regional workloads using the same instance type, operating system, and tenancy formed a recurring cyclical pattern, our platf

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Computation 130

Accounting Today

DECEMBER 13, 2023

Many students lack the financial resources to pay the tuition and fees needed to become CPAs, according to a new report.

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Accounting Accounting 242

ProsperOps

DECEMBER 13, 2023

AIOps is a convergence of AI and IT operations, helping AWS users grapple with the intricacies of cloud computing. According to McKinsey, 70% of companies will employ hybrid or multicloud management technologies, tools, and processes in the years ahead. Because of this relentless pace of technology development, AWS customers often find themselves managing complex IT problems, and the challenge they face is to keep up without compromising customer service.

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Collections Computation Customer Service Billing 130

Accounting Today

DECEMBER 13, 2023

Right now, the accountants at the center of the growing talent crisis are cautiously optimistic on the potential of generative AI.

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Accounting Accounting 221

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.

ProsperOps

DECEMBER 13, 2023

As an Amazon Web Services (AWS) customer, you’re always looking for ways to optimize your cloud spending and get the most out of your budget. One effective solution for reducing AWS costs is to use Compute Savings Plans. These flexible pricing models offer savings of up to 66% by committing to a fixed hourly spend for one or three years. In this article, you’ll learn more about Compute Savings Plans and how ProsperOps can help you optimize your cloud cost strategy.

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Computation Budgeting Billing 130

Accounting Today

DECEMBER 13, 2023

Italy's finance police had claimed that the company failed to pay taxes on about €3.7 billion of rental revenue and claimed that the company owed about €779 million after an audit of the tax years from 2017 to 2021.

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Tax Auditing Corporation Tax 171

Cevinio

DECEMBER 13, 2023

How to Safeguard AP Operations Against Invoice Fraud The rapidly growing invoice fraud risk poses a significant threat to businesses. Having the potential to cost hundreds of thousands of dollars in losses, it can decimate business-to-business relationships and cause irreparable damage to an organization’s good reputation. It’s imperative to protect your organization against invoice fraud, also known as AP fraud, as a result.

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Accounting Today

DECEMBER 13, 2023

E-invoicing is a reality that businesses must grapple with — and not only in the EU.

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Invoicing Tax 228

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Accounting

Ace Cloud Hosting

DECEMBER 13, 2023

Managing finances and accounting is a crucial aspect of any business, regardless of its size. Sage 50 Accounting software has long been a trusted solution for businesses looking to streamline.

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Accounting Software Accounting Accounting 110

Nanonets

DECEMBER 13, 2023

A survey by Accenture on underwriting employees found that up to 40% of underwriters’ time is spent on non-core and administrative activities. They estimate that this represents an industry-wide efficiency loss of up to $160 billion over the next five years. Integrating AI and automation into the underwriting workflow presents a significant opportunity to minimize the time allocated to administrative tasks, manual processes, and repetitive data entries.

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Insightful Accountant

DECEMBER 13, 2023

Fashion shoe brand Manolo Blahnik uses NetSuite to enhance supply chain efficiency, consolidate financial processes, and improve visibility into its growing global operations.

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Billing Platform

DECEMBER 13, 2023

Currently worth about $3 trillion, McKinsey estimates the software-as-a service (SaaS) market can reach a whopping $10 trillion by 2030. With growth projections at extraordinary levels, getting your pricing strategy right is even more critical. SaaS pricing models rely on your offering’s perceived value, and that means striking the right balance between your offering’s value and its price so you can differentiate your business in this increasingly crowded market.

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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

Insightful Accountant

DECEMBER 13, 2023

Today, BILL unveiled new features for its SMB financial automation software, including a redesigned interface, customizable spend limits, consolidated spend controls, and streamlined budget management.

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Reconciled Solutions

DECEMBER 13, 2023

The Pumpkin Plan teaches business owners to find ideal clients and leverage their time for greater income and freedom. The post How Pumpkin Planning Saved My Business appeared first on Reconciled Solutions.

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Reconciling 71

Accounting Tools

DECEMBER 13, 2023

What is Accounting Practice? Accounting practice is the system of procedures and controls that an accounting department uses to create and record business transactions. Accounting practice should be extremely consistent, since there are a large number of business transactions that must be dealt with in exactly the same manner in order to produce consistently reliable financial statements.

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Accounting Accounting Financial Statements QuickBooks 75

Cloud Accounting Podcast

DECEMBER 13, 2023

Blake and David discuss Intuit's announcement that QuickBooks Desktop will no longer be sold as new subscriptions after July 2024. They also talk about the need for changes in the accounting profession, such as simplifying financial reporting requirements and revising the 150-hour rule. In other news, they cover sanctions against China-based accounting firms, incorrect IRC claims by businesses, and the Adidas-Kanye West fallout.

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QuickBooks CPA Financial Reporting Billing 67

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.

Future Firm

DECEMBER 13, 2023

Most firm owners are not particular about the greater reason for their business. Find out why having a purpose is incredibly important. The post Why? appeared first on Future Firm.

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Accounting Accounting 52

Invoicera

DECEMBER 13, 2023

Struggling to decide which technology stack to use for your project? With numerous options, each carrying its own set of pros and cons, the decision can be overwhelming. How do you know which one is the right fit for your needs? If you aim to save time and money on the right choice, we’ve curated […] The post Choosing Between Full-Stack, MEAN Stack, or MERN Stack appeared first on PixelCrayons.

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CSI Accounting & Payroll

DECEMBER 13, 2023

When small business owners are looking for outsourced accounting solutions, they have a lot of different options. Bundling services is not always an option, but is this something that’s worth seeking out? At CSI Accounting & Payroll, we’ve helped small businesses with their bookkeeping and taxes for over 50 years.

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Bookkeeping Tax Payroll Accounting 52

Insightful Accountant

DECEMBER 13, 2023

Gary DeHart sits down with Will Hill and discuss making your tax season great, and how planning communications and a solid workflow set you, your team and your clients up for a successful tax season. Catch this episode of Accounting Insiders.

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Tax Accounting Accounting 52

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

DECEMBER 13, 2023

What is a Cost Variance Formula? A cost variance is the difference between an actual and budgeted expenditure. This variance is most useful as a monitoring tool when a business is attempting to spend in accordance with the amounts stated in its budget. A cost variance can relate to virtually any kind of expense, ranging from elements of the cost of goods sold to selling or administrative expenses.

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Budgeting Cost Accounting Accounting Accounting 40

Insightful Accountant

DECEMBER 13, 2023

Learn how to optimize cash flow management and accelerate payment processes with Xero's 'Money matters' report. Gain valuable insights and practical tips to confidently navigate your business's financial complexities.

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XERO 52

Accounting Today

DECEMBER 13, 2023

The Internal Revenue Service has reorganized its leadership structure at the top, with a single deputy IRS commissioner instead of two, and four chief executives to lead taxpayer service, compliance, information technology and operations.

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Tax 315

Insightful Accountant

DECEMBER 13, 2023

Ecommerce Accounting Integrations Built For Scale Automate your accounting workflows with MyWorks.

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QuickBooks Accounting Accounting 52

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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.