Accounting Today
OCTOBER 26, 2023
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.
Accounting Department
OCTOBER 26, 2023
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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Accounting Today
OCTOBER 26, 2023
The legislation incentivizes consumers to buy energy-efficient electric appliances, clean vehicles, rooftop-solar and home energy storage systems.
Insightful Accountant
OCTOBER 26, 2023
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.
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
OCTOBER 26, 2023
The AICPA & CIMA, in conjunction with the World Business Council for Sustainable Development, unveiled research on a framework to facilitate business strategy development.
Ace Cloud Hosting
OCTOBER 26, 2023
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.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Insightful Accountant
OCTOBER 26, 2023
'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.
Accounting Today
OCTOBER 26, 2023
The entrepreneur and accounting firm leader was 40.
accountingfly
OCTOBER 26, 2023
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.
Jetpack Workflow
OCTOBER 26, 2023
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.
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.
MineralTree
OCTOBER 26, 2023
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.
Accounting Tools
OCTOBER 26, 2023
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.
Ace Cloud Hosting
OCTOBER 26, 2023
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.
Accounting Tools
OCTOBER 26, 2023
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.
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!
Blake Oliver
OCTOBER 26, 2023
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.
Accounting Tools
OCTOBER 26, 2023
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.
Tipalti
OCTOBER 26, 2023
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.
Outsourced Bookeeping
OCTOBER 26, 2023
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.
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.
Accounting Tools
OCTOBER 26, 2023
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.
Cevinio
OCTOBER 26, 2023
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.
Accounting Tools
OCTOBER 26, 2023
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.
Accounting Tools
OCTOBER 26, 2023
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.
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.
Accounting Tools
OCTOBER 26, 2023
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.
Accounting Tools
OCTOBER 26, 2023
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.
Accounting Tools
OCTOBER 26, 2023
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).
Accounting Tools
OCTOBER 26, 2023
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.
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 Tools
OCTOBER 26, 2023
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
Accounting Tools
OCTOBER 26, 2023
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.
Accounting Tools
OCTOBER 26, 2023
Related Courses How to Audit Procurement Purchasing Guidebook What is Net Purchases? Net purchases is defined as the gross amount of purchases made, less deductions for purchase discounts , returns, and allowances. The amount of net purchases may be materially lower than the amount of gross purchases; this differential can be used to measure the effectiveness of the purchasing department in obtaining price reductions.
Accounting Tools
OCTOBER 26, 2023
Related Courses Bookkeeper Education Bundle Bookkeeping Guidebook What is the Basis of Accounting? The basis of accounting refers to the methodology under which revenues and expenses are recognized in the financial statements of a business. When an organization refers to the basis of accounting that it uses, two primary methodologies are most likely to be mentioned.
Advertisement
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.
Expert insights. Personalized for you.
311 
Let's personalize your content