Thu.Oct 26, 2023

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How homeowners can benefit from the Inflation Reduction Act's tax credits

Accounting Today

The legislation incentivizes consumers to buy energy-efficient electric appliances, clean vehicles, rooftop-solar and home energy storage systems.

Tax 336
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ADC Reinvents at EO Nerve 2023

Accounting Department

Our team rounded out another successful year of EO events last week while attending EO Nerve. ADC Business Development Representative, Shawn Marcum, and Content Manager, Mike DeFusco, attended the multi-day event in Tampa, FL.

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Accountants feel less confident in economy

Accounting Today

Accountants and financial professionals are feeling less upbeat about the economy in North America in the second quarter of the year, according to a quarterly survey from the IMA and ACCA.

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Artificial Intelligence in Accounts Payable

Cevinio

How AI simplifies Accounts Payable invoice processing The rapid evolution of artificial intelligence in accounts payable is reshaping the possibilities of business automation. AI is currently revolutionizing various sectors including software development, consulting, legal practice, content marketing, finance, and so on – all at breakneck speed. In this blog post, we analyze how these technologies simplify this core business function.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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Tax Fraud Blotter: Bad housekeeping

Accounting Today

Meating their fate; write-off rip-off; a dent in his plans; and other highlights of recent tax cases.

Tax 306
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The Secrets to Lasting Business Growth for Non-Marketers

Insightful Accountant

Everything comes down to marketing. Balanced Awakenings' Dr. Hannah Yang provides some insights practice owners can use to help leverage their market strategies and build momentum.

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Hitch Your Wagons 'Pardner' for the Best Migration Yet

Insightful Accountant

'Wagons Ho.' Murph's guiding you on the trail of migration from QuickBooks Desktop to QuickBooks Online. So, you better get to readin' cause you don't wanna get left behind.

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Top Cloud Models for QuickBooks Desktop

Ace Cloud Hosting

As technology continues to evolve rapidly, it is no surprise that small businesses and entrepreneurs are constantly looking for innovative ways to enhance their operations. While QuickBooks Desktop has been.

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Hiring Hybrid for Tax Season (and Beyond)

accountingfly

Hiring Hybrid for Tax Season (and Beyond) Having trouble staffing up for tax season? You’re not alone! The market is tough: candidate supply is still historically low, and many candidates are still looking for remote roles. Meanwhile, many firms are adopting rigid return-to-office policies, which limits their candidate pool to the local market (instead of hiring nationally) and is less appealing to candidates.

Tax 104
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How to Systemize Your Firm to Take Maternity Leave w/Melissa L. Miranda, CPA

Jetpack Workflow

Podcast Summary In this episode, host David Cristillo interviews Melissa Miranda, a certified public accountant and owner of Step-by-Step Accounting. They discuss the importance of preparing for maternity leave as a business owner and how to structure your team and workflow. Whether it’s maternity leave or any other extended absence, Melissa shares valuable insights on setting up processes that can be applied across the board.

CPA 98
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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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A Guide to AP Automation Technology

MineralTree

Automation is reshaping the way companies manage their financial operations, especially in accounts payable (AP). Understanding how AP automation works and how it streamlines AP processes is vital to keeping your company ahead of the curve in a rapidly evolving business finance landscape. AP efficiency is more important than ever given the growing need to do more with less.

AP 76
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The benefits of total quality management

Accounting Tools

Related Courses Quality Management Fundamentals Total quality management (TQM) is a general philosophy of gradually improving the operations of a business. This is done through the application of rigorous process analysis by every involved employee and business partner. TQM is usually applied at the tactical front-line level, where production, clerical, and low-level managers are deeply involved.

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Ace Cloud Celebrates Second Consecutive Win for CPA Practice Advisor Readers’ Choice Award

Ace Cloud Hosting

Businesses are seeking solutions that can help them maintain their competitive edge. At Ace Cloud, we have been providing cloud hosting solutions for accounting professionals for several years. Our dedication.

CPA 59
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Commission expense accounting

Accounting Tools

Related Courses Human Resources Guidebook Optimal Accounting for Payroll Payroll Management What is a Commission? A commission is a fee that a business pays to a salesperson in exchange for his or her services in either facilitating, supervising, or completing a sale. The commission may be based on a flat fee arrangement, or (more commonly) as a percentage of the revenue generated.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

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Phone Interviews: Impressing the Non-Accountant Recruiter

Blake Oliver

Have you ever stressed about impressing a recruiter on a phone screening interview? Here are some valuable tips for acing phone screens with recruiters, according to Mike Manalac, CPA , who used these strategies to land his dream accounting job at Google. Mike points out that the recruiter is most likely not an accountant. So dazzling them with technical expertise often backfires.

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Net salary definition

Accounting Tools

Related Courses Human Resources Guidebook Optimal Accounting for Payroll Payroll Management What is Net Salary? Net salary is the amount of take-home pay remaining after all withholdings and payroll deductions have been removed from a person’s salary. The residual amount is then paid to the employee in cash.

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Achieving the Dream

Tipalti

Achieving the Dream successfully moved all their suppliers to Tipalti in just three months during a busy audit season. They experienced faster payments and cut their workload in half.

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8 Best Bookkeeping Hacks Every Small US Business Owner Should Know

Outsourced Bookeeping

Careful management of a small business’s finances is essential for financial health. Bookkeeping is an important aspect of ensuring the sustainability and growth of small businesses and startups in the US. Nevertheless, the work does not have to be hard. With appropriate tactics and a couple of bookkeeping tricks, small company owners incur minimum costs and save a lot of time in managing their finances.

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8 Pillars of Leadership Development

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.

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The cost principle

Accounting Tools

Related Courses Accountants' Guidebook Bookkeeper Education Bundle Bookkeeping Guidebook What is the Cost Principle? The cost principle requires one to initially record an asset , liability , or equity investment at its original acquisition cost. The principle is widely used to record transactions , partially because it is easiest to use the original purchase price as objective and verifiable evidence of value.

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Lance CPA Group founder Joshua Lance dies

Accounting Today

The entrepreneur and accounting firm leader was 40.

CPA 200
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Functional organizational structure definition

Accounting Tools

Related Courses New Manager Guidebook Understanding Organizational Behavior What is the Functional Organizational Structure? The functional organizational structure organizes the activities of a business around areas of specialization. For example, there may be a marketing department that focuses solely on marketing activities, a sales department that only engages in sales activities, and an engineering department that only designs products and manufacturing facilities.

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Control account definition

Accounting Tools

Related Courses Bookkeeper Education Bundle Bookkeeping Guidebook What is a Control Account? A control account is a summary-level account in the general ledger. This account contains aggregated totals for transactions that are individually stored in subsidiary-level ledger accounts. Control accounts are most commonly used to summarize accounts receivable and accounts payable , since these areas contain a large volume of transactions, and so need to be separated into subsidiary ledgers , rather t

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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Construction work in progress definition

Accounting Tools

Related Courses Construction Accounting Fixed Asset Accounting How to Audit Fixed Assets What is Construction Work in Progress? Construction work in progress is a general ledger account in which the costs to construct a fixed asset are recorded. This can be one of the largest fixed asset accounts, given the amount of expenditures typically associated with constructed assets.

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Funds from operations definition

Accounting Tools

Related Courses The Interpretation of Financial Statements Real Estate Accounting Real Estate Tax Guide What are Funds from Operations? Funds from operations is the cash flows generated by the operations of a business, usually a real estate investment trust (REIT). This measure is commonly used to judge the operational performance of REITs, especially in regard to investing in them.

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Mid-quarter convention definition

Accounting Tools

Related Courses Fixed Asset Accounting How to Audit Fixed Assets What is the Mid-Quarter Convention? The mid-quarter convention states that a business acquiring fixed assets in a reporting quarter should account for them as though they were acquired at the mid-point of the quarter. Thus, assets acquired at the beginning and end of a quarter would both be recognized as though they were acquired as of the middle of the quarter.

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Net income from continuing operations definition

Accounting Tools

Related Courses The Income Statement The Interpretation of Financial Statements What is Net Income from Continuing Operations? Net income from continuing operations is a line item on the income statement that notes the after-tax earnings that a business has generated from its operational activities. Since one-time events and the results of discontinued operations are excluded, this measure is considered to be a prime indicator of the financial health of a firm’s core activities.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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Nonexempt employee definition

Accounting Tools

Related Courses Human Resources Guidebook Payroll Management What is a Nonexempt Employee? A nonexempt employee is an individual who must be paid overtime by the employer when the person works in excess of 40 hours per week. This means the employer pays the person a time-and-a-half rate for all hours worked in excess of 40 hours. This designation is applied to an employee who is covered by the provisions of the Fair Labor Standards Act (FLSA).

Payroll 40
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Net payroll payable definition

Accounting Tools

Related Courses Payroll Management The Balance Sheet What is Net Payroll Payable? Net payroll payable is the cash amount of compensation payable to employees as of a reporting date. “Net” is used in the term because this is the residual amount of compensation left after all taxes and voluntary deductions have been removed from the gross amount payable to employees.

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How to calculate the weighted average interest rate

Accounting Tools

Related Courses Corporate Finance Treasurer's Guidebook The weighted average interest rate is the aggregate rate of interest paid on all debt. The calculation for this percentage is to aggregate all interest payments in the measurement period, and divide by the total amount of debt. The formula is: Aggregate interest payments ÷ Aggregate debt outstanding = Weighted average interest rate This calculation is frequently used by individuals who are considering consolidating their debts, and want to

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Net proceeds definition

Accounting Tools

What are Net Proceeds? Net proceeds is the amount of funds received from a sale transaction, after all sale-related fees have been paid. Examples of these fees are closing costs, commissions , and credit card fees. These fees do not include the cost of the asset that was sold. Example of Net Proceeds An artist sells a painting through an art gallery for $10,000.

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How to Set Better OKRs and Drive Results

Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.