FinOps Foundation

FEBRUARY 22, 2024

Key Insight: With economic pressure increasing across the world in 2023, many organizations are leaning on their FinOps teams to help prioritize cloud optimizations. Reducing waste and managing commitment-based discounts unseated empowering engineers to take action as the top key priority for the first time. Teams are also investing in their forecasting capabilities to better predict cloud spend, and the cost of running AI/ML is expected to have a big impact on FinOps practices in 2024.

FinOps 331

FinOps FinOps Computation Collections 331

Accounting Today

FEBRUARY 22, 2024

Most companies are providing some disclosures about their sustainability efforts, but not as many are getting assurance on their numbers from auditing firms.

Auditing 294

Auditing Accounting Accounting 294

Accounting Department

FEBRUARY 22, 2024

Forecasting in business has long been the compass that guides strategic planning and resource allocation. Traditionally, forecasting relied on historical data to project future trends, a method with inherent lag times and uncertainties. However, as markets become more dynamic and volatile, the value of traditional forecasting is waning. Enter live forecasting—a real-time analytical process that allows businesses to make agile, informed decisions, keeping their finger on the pulse of a rapidly ch

Accounting 196

Accounting Accounting 196

Accounting Today

FEBRUARY 22, 2024

The agency will begin three to four dozen new audits this spring to see if inappropriate deductions were made.

Auditing 287

Auditing Tax 287

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

Insightful Accountant

FEBRUARY 22, 2024

Imagine a scenario in which you could devote more time to actually partnering with your clients to solve their issues and provide them solutions, rather than simply handling their books or processing their tax returns.

Accounting 105

Accounting Accounting Tax 105

Accounting Today

FEBRUARY 22, 2024

Repair thyself; this beauty's a steal; oh mama; and other highlights of recent tax cases.

Tax 292

Tax 292

Accounting Today

FEBRUARY 22, 2024

The Internal Revenue Service's Direct File pilot program has expanded beyond internal testing of its free tax prep system to taxpayers in a dozen states.

Tax 198

Tax 198

Earmark Accounting Podcast

FEBRUARY 22, 2024

Rob Valdez joins Blake to discuss how artificial intelligence and generative chatbots like ChatGPT could automate routine audit tasks. They also explore the potential to train staff more effectively, save significant time on substantive testing, draft higher quality work, and some challenges around adopting these tools, such as security fears, poor system integration, and partners resistant to change.

Auditing 59

Auditing Financial Statements CPA 59

Accounting Today

FEBRUARY 22, 2024

If you audit or manage a startup company or other privately held business, don't overlook the treatment of stock-based compensation.

Auditing 131

Auditing Accounting Accounting 131

CSI Accounting & Payroll

FEBRUARY 22, 2024

When small businesses grow, they face a much larger strain than larger businesses do. Rapid growth – growth that significantly exceeds the market average for your industry or revenue that increases by at least 20 percent year over year – is even more difficult to handle. As the owner of a rapidly growing small business, you have to adjust to the changes quickly, otherwise, you can regress to worse than how you started – or close your doors entirely due to unhappy customers.

Payroll 52

Payroll Accounting Accounting Small Business Accounting 52

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.

Counto

FEBRUARY 22, 2024

10 Essential Accounting Terms Every Small Business Owner Should Know As a small business owner, understanding basic accounting terms is crucial for managing your finances effectively. Whether you’re handling your own bookkeeping or working with an accountant, knowing these terms will help you make informed decisions about your business’s financial health.

Accruals 52

Accruals Financial Statements Accounting Accounting 52

Jetpack Workflow

FEBRUARY 22, 2024

Your accounting firm’s website is like a virtual salesperson. It presents prospective clients with their first impression of your firm and lets them get to know you before ever speaking with you. That makes your website a highly valuable asset for winning more clients. If building or updating your site has been on the back burner until now, it may be time to see it with fresh eyes and upgrade its design.

Accounting 52

Accounting Accounting CPA Tax 52

Counto

FEBRUARY 22, 2024

Deciding on a Financial Year End (FYE) for Singapore Businesses Choosing the right Financial Year End (FYE) is a pivotal step for businesses in Singapore, influencing tax planning, compliance, and financial strategy. In this guide, we’ll explore the intricacies of FYE selection, empowering SMEs and entrepreneurs with actionable insights to navigate this crucial decision effectively.

Financial Analysis 52

Financial Analysis Financial Statements AR Tax 52

Blake Oliver

FEBRUARY 22, 2024

As a firm owner, I know first-hand the challenges of leveraging technology to enhance efficiency. With new apps constantly emerging, it's tough to identify the essential ones that will boost productivity. That's why I'll be hosting a 1-hour webinar revealing the top 5 apps accounting practices simply cannot afford to miss today. Register here to reserve your place in this info-packed session.

Accounting 52

Accounting Accounting 52

Advertisement

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

Counto

FEBRUARY 22, 2024

Accounting Basics Every Startup Should Know Launching a business is thrilling, yet demands crucial financial decision making. Mastering accounting basics is vital for steering your startup towards success. Let’s dive into the essentials together! What is Accounting? At its core, accounting is the systematic process of recording, classifying, and summarising financial transactions.

Accounting 52

Accounting Accounting Accruals Accounting Software 52

Blake Oliver

FEBRUARY 22, 2024

Did you know there's a limit to the size of checks you can write to the IRS? It's $99,999,999.99. We discuss this little-known fact and other fascinating stories from the intersection of accounting, technology, and pop culture on Episode 372 of The Accounting Podcast.

Accounting 52

Accounting Accounting 52

Economize

FEBRUARY 22, 2024

Businesses operating in the cloud have to constantly battle between two decisions: Maintaining profitability, or constantly innovating their offerings to stay competitive. An impressive 82% of North American organizations pinpoint cloud spending as their chief obstacle, a scenario compounded by projections that global spending on public cloud services will soar to $591.

FinOps 52

FinOps FinOps Computation 52

Blake Oliver

FEBRUARY 22, 2024

I'm excited to share my latest article on the Firm of the Future blog: How to Draft an AI Policy for Your Accounting Firm. In this piece, I explore generative AI's responsible and ethical integration into accounting practices. As these powerful tools become more prevalent, firms must establish appropriate guardrails. As a wise man once said, "With great power comes great responsibility!

Accounting 52

Accounting Accounting 52

Advertisement

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

FEBRUARY 22, 2024

VyaPay offer fully-embedded and on-demand payment solutions that are easy to implement and capable of handling your future demands.

52

52

oAppsNet

FEBRUARY 22, 2024

Vendor management is a critical aspect of business operations, encompassing the processes and activities involved in sourcing, contracting, procuring, and managing relationships with suppliers and vendors. While effective vendor management is essential for ensuring supply chain resilience, cost efficiency, and quality control, organizations often encounter various challenges.

Vendor Management 40

Vendor Management Auditing Collections Tax 40

MineralTree

FEBRUARY 22, 2024

Small and mid-sized businesses (SMBs) are the bedrock of the global economy — responsible for the majority of jobs, products, and services worldwide. However, many SMBs still rely on a patchwork of manual processes to manage their finances, operations, and people, resulting in higher costs and greater inefficiencies. As SMBs modernize back-office functions and transform financial operations, many rely on Sage Intacct to help manage and streamline processes.

AP 52

AP Invoicing Invoice Processing Reconciling 52