Accounting Today
AUGUST 2, 2023
The Internal Revenue Service hopes to process all of the tax correspondence, notice responses and non-tax forms it receives digitally in the next two years in an effort to reduce the amount of time-consuming paper it receives in the mail.
Accounting Department
AUGUST 2, 2023
Efficient financial processes are essential for the success and growth of any business. However, managing tasks like invoicing, payroll management, and financial reporting can be time-consuming and complex, diverting valuable resources from core operations.
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Accounting Today
AUGUST 2, 2023
The Center for Audit Quality is spearheading an effort to convince the Public Company Accounting Oversight Board to water down a proposed update in the standards for auditors to be on the lookout for fraud and other signs of noncompliance with laws and regulations.
Insightful Accountant
AUGUST 2, 2023
New Oracle NetSuite white paper not only provides a guide for CFOs about the topics of AI and Machine Learning, but also evaluates ChatGPT. Read our summary of how ChatGPT explained ASC 842 compliance.
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 Today
AUGUST 2, 2023
CPA firms are resorting to strategies like hiring workers abroad, raising starting salaries, offering fully remote jobs, and hiring staff who haven't graduated college.
Brigade
AUGUST 2, 2023
If you run a service-based business, you may be familiar with the term “scope creep” which is essentially a stream of change requests that come from clients either during or after project delivery. This can be a major challenge for many reasons, not the least of which being your profit margin!
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Insightful Accountant
AUGUST 2, 2023
With its new Canopy Insights, the account management software provider advances its practice management analytics with AI-Driven custom query and reporting capabilities.
Accounting Today
AUGUST 2, 2023
In this week's vendor spotlight, we talk lease administration and management with Robert Michlewicz, CEO of Visual Lease.
Accounting Tools
AUGUST 2, 2023
Related Courses Business Insurance Fundamentals Enterprise Risk Management What is an Insurance Rider? An insurance rider is an adjustment to a basic insurance policy. A rider usually provides an additional benefit over what is described in the basic policy, in exchange for a fee payable to the insurer. A rider is not a standalone insurance product; it must be attached to a standard insurance policy.
Accounting Today
AUGUST 2, 2023
Several tax lawyers said agents may have gone too far by looking for crimes in transactions that promoters promised were permissible under a 2011 U.S.-Malta tax treaty.
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
AUGUST 2, 2023
Related Courses Accounting for Derivatives and Hedges Corporate Cash Management Foreign Currency Accounting What is Foreign Currency Hedging? Foreign currency hedging involves the purchase of hedging instruments to offset the risk posed by specific foreign exchange positions. Hedging is accomplished by purchasing an offsetting currency exposure. For example, if a company has a liability to deliver 1 million euros in six months, it can hedge this risk by entering into a contract to purchase 1 mil
Accounting Today
AUGUST 2, 2023
The International Auditing and Assurance Standards Board proposed new rules for providing outside assurance on a company's sustainability reporting efforts.
Accounting Tools
AUGUST 2, 2023
Related Courses Business Ratios Guidebook The Income Statement The Interpretation of Financial Statements What is Profit Margin? Profit margin is the percentage of sales that a business retains after all expenses have been deducted. The calculation of the profit margin is sales minus total expenses, which is then divided by sales. What is Operating Margin?
Accounting Today
AUGUST 2, 2023
Annual pay grew 6.2% year over year, according to payroll processor ADP, which separately added generative AI features to its software.
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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
AUGUST 2, 2023
Related Courses How to Audit Procurement Purchasing Guidebook What is a Purchase? A purchase involves the acquisition of goods or services in exchange for a payment of some kind. The payment is usually in cash or credit (to be paid later). A purchase may also be part of a barter transaction where different non-cash assets are exchanged, or it may be in exchange for the assumption of a liability.
Accounting Today
AUGUST 2, 2023
The Organization for Economic Cooperation and Development recently issued important new guidance that has significant implications for U.S. companies doing business abroad.
Accounting Tools
AUGUST 2, 2023
Related Courses The Balance Sheet The Interpretation of Financial Statements What is the Statement of Changes in Equity? The statement of changes in equity is a reconciliation of the beginning and ending balances in a company’s equity during a reporting period. It is not considered an essential part of the monthly financial statements , and so is the most likely of all the financial statements not to be issued.
Insightful Accountant
AUGUST 2, 2023
Insightful Accountant's Gary DeHart sits down with Unison Globus' Charles McKissick to discuss the benefits, tips and must-haves for outsourced accounting. Catch the latest edition of Accounting Insiders.
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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.
Future Firm
AUGUST 2, 2023
In this article, you’re going to get a ton of inspiration plus a whole bunch of tips for picking amazing accounting firm names. Let’s get right into it. Table of Contents How to Choose a CPA Firm Name? Characteristics of a Good Business Name Accounting Firm Names To Avoid 1,013 Accounting Firm Name Ideas Professional Names Fun Names Catchy Names Forward-thinking Names Cool Names Trendy Names Niche Names Animal-Inspired Names Symbolic Names Innovative Names Elegant Names Nature-Inspir
finout
AUGUST 2, 2023
Table of contents Discover the Datadog DASH Conference Key Themes and Focus Areas Meet FinOut at Their Exhibition Stand Connect with the FinOut Team at DASH Datadog Conference 2023 Don't Miss Out on DASH by Datadog!
Future Firm
AUGUST 2, 2023
Many of us desire a business that not only offers financial independence but also grants us the means to live life on our terms. In this podcast episode, I shared tips and strategies to help you break barriers that unlock more freedom and flexibility for your firm. Listen Below. 0:25 – The majority of us built our firms with the primary purpose of aiding our clients and customers but above all, we also want a business that can support our dream lifestyle. 0:59 – Among the various asp
Insightful Accountant
AUGUST 2, 2023
The accounts payable automation software and payment solutions provider names John Feldman Chief Operating Officer and appoints Doug Anderson as Chief Product Officer.
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.
Economize
AUGUST 2, 2023
Choosing between Standard and Convertible Reserved Instances in AWS is a pivotal decision for optimizing cloud costs.
Accounting Tools
AUGUST 2, 2023
Related Courses Oil and Gas Accounting What is a Production Payment Interest? A production payment interest is the right to receive revenue from oil and gas production, where the right reverts back to the interest from which it was created after a certain amount of production volume or revenue is reached. An organization obtains a production payment interest when it purchases a percentage of the proved reserves of a field.
Ace Cloud Hosting
AUGUST 2, 2023
Are you handling a myriad of financial data and seeking high-end security for it?
Accounting Tools
AUGUST 2, 2023
Related Courses Financial Analysis The Interpretation of Financial Statements What is Breakeven Analysis? Breakeven analysis is used to locate the sales volume at which a business earns exactly no money. At this point, all contribution margin earned is needed to pay for the company’s fixed costs. Contribution margin is the margin that results when all variable expenses are subtracted from revenue.
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!
NACM
AUGUST 2, 2023
As many of you have seen throughout our Member Spotlight blog series, earning a designation through NACM's Professional Certification Program can advance your career in credit in various ways. Not only does it increase your knowledge and establish credibility, but it increases your confidence as a credit leader. For Suzanne Jorissen, CBA, CCRA, are.
Accounting Tools
AUGUST 2, 2023
Related Courses Capital Budgeting Financial Analysis Investing Guidebook What is the Effective Rate of Return? The effective rate of return is the rate of return generated by an investment when all factors impacting receipts are considered. This approach generates the most comprehensive view of the return on an investment. These factors include the price at which the instrument was purchased, the stated interest rate to be paid by the issuer of the instrument, and any compounding used in the cal
Nanonets
AUGUST 2, 2023
Electronic Export Information (EEI) came into existence in the United States to collect export data. No matter how big or small your business is, if you're exporting goods overseas with shipments valued at over $2,500 , you'll need to file an EEI. Since its introduction, EEI has significantly impacted businesses that export goods. It helps to track the movement of goods, ensures border security, and allows the US Department of Commerce to regulate the flow of goods in and out of the co
Accounting Tools
AUGUST 2, 2023
Related Courses Corporate Finance Managerial Economics Treasurer's Guidebook What is Invested Capital? Invested capital is the funds invested in a business during its life by shareholders , bond holders, and lenders. This can include non-cash assets contributed by shareholders, such as the value of a building contributed by a shareholder in exchange for shares or the value of services rendered in exchange for shares.
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