How AI is transforming accounting
Accounting Today
APRIL 29, 2024
A recent survey from EY found that 90% of respondents already use at least some AI in their work, and other recent developments around the technology.
Accounting Today
APRIL 29, 2024
A recent survey from EY found that 90% of respondents already use at least some AI in their work, and other recent developments around the technology.
Insightful Accountant
APRIL 29, 2024
Insightful Accountant proudly announces this year's Top 100 ProAdvisors along with our Emeritus ProAdvisors of the Year. Congratulations to all being recognized for this year's awards.
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Accounting Today
APRIL 29, 2024
Notice 2024-36 announces the second round of credit allocations for a program to allocate the remaining $6 billion in credits.
Cevinio
APRIL 29, 2024
Discover the essential role of a comprehensive training program in our latest blog, which highlights why it's the first critical step in any successful AP automation plan for automated invoice processing.
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
APRIL 29, 2024
As we enter the next industrial revolution, CFOs will be central to striking the right balance between risks and growth opportunities.
Insightful Accountant
APRIL 29, 2024
Tonight is your very last opportunity to cast your vote for our candidates for the 2024 International ProAdvisor Awards.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Accounting Tools
APRIL 29, 2024
What is Short-Term Debt? Short-term debt is the amount of a loan that is payable to the lender within one year. Other types of short-term debt include accounts payable, commercial paper , lines of credit , and lease obligations. The balance in the short-term debt account is a major consideration when evaluating the liquidity of a business. Evaluating Short-Term Debt To evaluate short-term debt, compare the current assets figure on the balance sheet to the current liabilities figure.
Accounting Today
APRIL 29, 2024
The truth that most things are writ in water may as well be carved in stone.
Outsourced Bookeeping
APRIL 29, 2024
Are you stuck with managing your small business’s payroll, bookkeeping, invoicing, inventory, receipts, expenses, and finances without any free time? Then, a small business accounting cloud-based software is the best one-stop solution for all your accounting needs. And out of the many flooded in the market, the Xero bookkeeping software has been a trusted partner among many users.
Accounting Today
APRIL 29, 2024
The PCAOB Investor Advisory Group is accepting public nominations for the most decision-useful CAMs or KAMs of 2023.
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.
CSI Accounting & Payroll
APRIL 29, 2024
You can know that you want to own a small business – and even which industry you want to operate in – but still not know whether you want to buy or start a business. That’s perfectly normal, and you should weigh out your options before deciding. What are the pros and cons of each? At CSI Accounting & Payroll, we’ve worked with small businesses for over 50 years.
Accounting Today
APRIL 29, 2024
Learn how to get more referrals from existing clients who are truly happy about their relationship with you.
Tipalti
APRIL 29, 2024
Purchase order forms are a key element of any procurement process, but can differ in format and purpose. Learn how to create your own purchase order form to fit your business’s needs.
Nanonets
APRIL 29, 2024
Unlocking Efficiency: A Guide to Intercompany Reconciliation Software Modern businesses, with the predominance of remote work and globalised operations, often have to deal with intercompany transactions. Managing such transactions can be cumbersome without the right tools and solutions, however. But intercompany reconciliation softwares are an answer to this challenge, streamlining the process and ensuring accuracy in financial reporting.
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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.
Tipalti
APRIL 29, 2024
A procurement audit is a recurring and critical part of the purchasing process to prevent overspending and increase supplier trust. Let’s dive into how to successfully conduct a procurement audit.
Nanonets
APRIL 29, 2024
The Top Credit Card Reconciliation Softwares in 2024 Credit card reconciliation is a crucial aspect of financial management for businesses of all sizes. It is the process of comparing and matching credit card transactions with corresponding spends and financial records to ensure accuracy and transparency in financial reporting. As businesses increasingly rely on credit cards for various expenses, the need for efficient reconciliation processes becomes more important.
Tipalti
APRIL 29, 2024
A quality spend data management system allows businesses to seamlessly manage their finances and spend more efficiently. Learn the ins and outs of spend management to maximize your bottom line.
Nanonets
APRIL 29, 2024
Imagine you're a financial manager at a bustling enterprise, entrusted with the responsibility of ensuring the accuracy and integrity of your company's financial records. As you look into the labyrinth of spreadsheets and ledger entries, you stumble upon discrepancies in your balance sheet—a familiar scenario for many finance professionals.
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.
Insightful Accountant
APRIL 29, 2024
IRS notices surged in 2024 after a pandemic pause, causing confusion and stress for clients receiving past due balance notifications from as far back as 2020.
Accounting Tools
APRIL 29, 2024
What is Lawyer Leverage? Lawyer leverage is the ratio of equity partners to all other lawyers in a firm. When there is a high leverage ratio, this indicates that the distributable income of the equity partners should increase, since they are benefiting from the profits generated by everyone else in the firm. This concept only works when the non-partner personnel are sufficiently highly utilized to generate enough fee income to cover their direct costs.
Insightful Accountant
APRIL 29, 2024
FreshBooks expands payment operations for business owners with new and innovative Stripe Connect features.
Accounting Tools
APRIL 29, 2024
What is Out of Stock? Out of stock is an inventory condition, stating that an item is not currently available for sale or use. An out of stock condition can cost a company a sale , so these items are usually closely monitored. When inventory is not available, a business may offer to sell a comparable item, or will backorder goods until they are available at a later date.
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!
Tipalti
APRIL 29, 2024
Learn how to optimize and future-proof your purchase requests by overcoming fragmented, siloed workflows by using modern procurement tools, such as procurement automation.
Accounting Tools
APRIL 29, 2024
What is a Scrip Dividend? A scrip dividend is new shares of an issuer's stock that are issued to shareholders instead of a dividend. Scrip dividends may be used when issuers have too little cash available to issue a cash dividend, but still want to pay their shareholders in some manner. Scrip dividends may also be offered to shareholders as an alternative to a cash dividend, so that their dividend payments are automatically rolled into more shares.
Nanonets
APRIL 29, 2024
If you want to keep your vendors happy, you need to make sure they’re paid on time. That’s where QuickBooks comes in. QuickBooks Online and QuickBooks Desktop offer several ways to make your vendor payment process easier. In this blog post, you’ll learn how to pay vendors in both online and desktop versions of QuickBooks. Whether you prefer online bill pay or traditional checks, we’ll walk you through the process.
Accounting Tools
APRIL 29, 2024
What is a Statutory Audit? A statutory audit is an examination of an entity's financial records in accordance with the requirements of a government agency. A number of organizations must undergo statutory audits, including banks, brokerage firms, insurance companies, and municipalities. These entities must undergo statutory audits because they are subject to a certain amount of governmental oversight.
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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.
Accounting Today
APRIL 29, 2024
In recent weeks, informal advisers have floated ideas such as a proposal for a flat tax, penalties for countries that shift away from the dollar, and reforms to the Fed.
Accounting Tools
APRIL 29, 2024
What is a Surplus in Business? A surplus is the residual amount of resources remaining after a period of usage. In the manufacturing area, a surplus refers to the excess amount of goods that were produced but could not be sold; in this case, a surplus may be bad, since the extra goods tie up working capital and may need to be written off if they become obsolete or spoil.
Accounting Tools
APRIL 29, 2024
What is Simple Yield? Simple yield is the amount of interest received from an investment, divided by the current market price or face value of the associated investment. This is a simplified calculation used to approximate the return on an investment, without accounting for the compounding effect of these returns over time. This measure also does not account for any realized or unrealized gains or losses on these investments.
Accounting Tools
APRIL 29, 2024
What is a Stockholder? A stockholder is a person or entity that owns shares in a corporation. A stockholder may own the preferred stock or common stock of a corporation (or both). Preferred stock may have special voting rights, dividends , and other features that are not available for common stock. A stockholder is accorded certain rights in respect to the shares held, which most commonly involve voting for members of the corporate board of directors and voting on certain policy issues, as well
Speaker: Ryan Dillard, Chief of Staff Director at CBIZ ARC Consulting LLC; Kelly Hicks, Global Controller at Airbase
ASC 606 is the revenue recognition standard that sets global accounting principles for all private or public companies that enter sales agreements or contracts with customers. Along with ASC 606, ASC 340-40 was added to address accounting costs to obtain a contact and costs to fulfill a contract. Join us for this webinar when Airbase Controller Kelly Hicks and Ryan Dillard, a Director at CBIZ ARC Consulting explore how to approach capitalizing sales commissions under ASC 340-40.
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