Accounting Today

APRIL 11, 2024

The Institute of Management Accountants is examining the possibilities of artificial intelligence in the accounting profession while undergoing staff cutbacks.

Accounting 315

Accounting Accounting Management Accounting 315

Accounting Department

APRIL 11, 2024

As small and medium-sized businesses undergo rapid expansion and growth, they are often faced with a myriad of sales tax challenges, particularly within the retail and e-commerce sectors. The complexities of managing sales tax compliance can be overwhelming for smaller businesses, especially when juggling various omnichannel strategies to handle their financial operations.

Tax 210

Tax Financial Operations Financial Operations Accounting 210

Accounting Today

APRIL 11, 2024

From BOI reporting to tax legislation in limbo, even the most 'normal' filing season in a several years still has unresolved questions.

Tax 323

Tax 323

Insightful Accountant

APRIL 11, 2024

Taxpayers who can't pay their tax bill by the April 15, 2024, deadline shouldn't panic – the IRS is here to help. There are several options to help taxpayers meet their obligations.

Billing 99

Billing Tax 99

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

APRIL 11, 2024

The annual rush to pay Uncle Sam tends to suck hundreds of billions of dollars from the banking system.

Tax 288

Tax Corporation Tax 288

Insightful Accountant

APRIL 11, 2024

The 'far west' was the only geographic region to suffer a negative net change in employment in March. Wholesale and Construction led the way in net job growth among all employment sectors during the same period.

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98

LedgerDocs

APRIL 11, 2024

As the famous saying goes “ you never get a second chance to make a first impression”. This is especially true when working with clients. How the onboarding process begins, sets the tone for the entire client relationship. From the initial contact to gathering necessary information and setting expectations, client onboarding that has been done with careful planning and attention to detail sets you up for success. 1.

Bookkeeping 83

Bookkeeping Financial Records Collections Invoicing 83

Accounting Today

APRIL 11, 2024

The Chicago-based firm is expanding in Southern California in the third M&A deal it has announced this month.

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accountingfly

APRIL 11, 2024

Top Remote Accounting Candidates This Week Looking for remote accountants? Accountingfly can help! With our ‘ Always-On Recruiting ‘ program, you can access highly skilled and experienced remote accountants with no upfront cost. These are just a few of our top candidates this week. Sign up now to receive our full list of top accounting candidates available weekly!

General Ledger 64

General Ledger Financial Statements Accounting Accounting 64

Accounting Today

APRIL 11, 2024

The International Auditing and Assurance Standards Board and the International Ethics Standards Board for Accountants both published new strategic plans for the next few years.

Auditing 141

Auditing Accounting Accounting 141

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.

Jetpack Workflow

APRIL 11, 2024

Podcast Summary On this episode of Growing Your Firm, host David Cristello interviews Daniel Hood , the editor-in-chief of Accounting Today. With over two decades of experience in the industry, Daniel shares insights into the evolving trends in accounting firms and the push for advisory services. Tune in to gain a deeper understanding of the future of accounting and the role of technology in shaping the industry.

Payroll 59

Payroll Tax Accounting Accounting 59

Accounting Today

APRIL 11, 2024

Disunion; cell phones; only the lonely; and other highlights of recent tax cases.

Tax 171

Tax 171

AvidXchange

APRIL 11, 2024

If your customer uses AvidXchange for invoice and/or payment processing, you can easily and quickly check the status of that transaction on our website. Read on for more details. How Do I Check the Status of an Invoice or Payment with AvidXchange? There are three ways to check an invoice or payment status with AvidXchange: 1. AvidXchange Status Lookup Tool • Visit avidxchange.com/status. • Enter the invoice number, invoice date and invoice amount. • Click “Search.” 2.

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Invoicing Accounting Accounting Accounts Receivable 52

Accounting Today

APRIL 11, 2024

A professional title infers a level of authority, responsibilities and legal accountability, so it's important to choose wisely.

Accounting 136

Accounting Accounting 136

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Accounting

Tipalti

APRIL 11, 2024

Supplier onboarding plays a critical role in setting the tone for a good vendor relationship. Learn how to optimize your supply chain through expert supplier onboarding strategies.

Vendor Management 40

Vendor Management Accounts Payable Accounts Payable Accounting 40

Accounting Tools

APRIL 11, 2024

What is a Time Draft? A time draft mandates that payment is due on a readily determinable future date. For example, a bill might be payable 10 days after presentment and acceptance. Time drafts are primarily used in transactions that cross national borders, where the buyer needs time to liquidate purchased goods in order to have sufficient cash to pay the seller.

Corporate Finance 40

Corporate Finance Billing Accounts Receivable Accounts Receivable 40

Tipalti

APRIL 11, 2024

Discover the transformative effects of artificial intelligence in finance and how it’s reshaping businesses. Explore the applications, examples and benefits of AI in finance.

Financial Operations 40

Financial Operations Financial Operations 40

Accounting Tools

APRIL 11, 2024

What is Tracing in Auditing? Tracing is the process of following a transaction in the accounting records back to the source document. This typically involves locating an item in the general ledger , tracing it back to a subsidiary ledger (if necessary) to look for the unique identifying document number, and then going to the accounting files to locate the source document.

General Ledger 40

General Ledger Purchase Order Auditing Billing 40

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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

Tipalti

APRIL 11, 2024

Discover the power of retail accounts payable automation. Save time and money, reduce risk of errors and fraud and stay tax-compliant, all from one platform.

Accounts Payable 40

Accounts Payable Accounts Payable Accounting Accounting 40

Accounting Tools

APRIL 11, 2024

What are Tests of Details? Tests of details are used by auditors to collect evidence that the balances, disclosures , and underlying transactions associated with a client's financial statements are correct. They are used to determine whether the financial data that rolls up into a client’s financial statements are correct. The main objectives of tests of details are as follows: Account balance verification.

Financial Statements 40

Financial Statements Auditing Collections Accounting 40

Gaviti

APRIL 11, 2024

Of all the data financial departments love to monitor, accounts receivable often tops the list. After all, it determines how much revenue your business receives. This, in turn, affects its ability to meet financial obligations, such as repaying business loans and making payroll. Is it time for your business to complete an accounts receivable analysis?

Accounts Receivable 98

Accounts Receivable Accounts Receivable Account Receivables Accounting 98

Accounting Tools

APRIL 11, 2024

What is a Time and Motion Study? A time and motion study is the analysis of the exact motions required by a person to complete a task, as well as the time required to do so. Once this information has been collected, the analyst devises a more efficient approach by stripping away certain actions and replacing others. Time and motion studies are most commonly applied to highly repetitive tasks, in order to achieve higher levels of labor productivity.

Collections 40

Collections 40

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.

Cloud Accounting Podcast

APRIL 11, 2024

Blake and David dive into the concerning trend of small CPA firms conducting shoddy audits of large companies and SPACs, raking in big fees while facing minimal consequences for deficient work. They also discuss the latest accounting app funding news, the power of AI for crafting persuasive arguments, and the American Institute of CPAs' puzzling resistance to changes in CPA licensure requirements and touch on the growing importance of client accounting services for public accounting firms.

Auditing 46

Auditing CPA Accounting Accounting 46

Accounting Tools

APRIL 11, 2024

What is a Traveling Auditor? A traveling auditor is a person who spends a disproportionate amount of time conducting audits in distant locations. The typical auditor works with audit clients that are located within driving distance of his or her home. A traveling auditor is engaged in audit work so far from home that overnight or more prolonged stays at hotels is necessary.

Auditing 40

Auditing Accounting Accounting 40