Puerto Rico helps IRS investigate tax dodgers
Accounting Today
JULY 19, 2023
The island's top economic development official says he's actively cooperating with U.S. tax authorities as they investigate about 100 high-income individuals.
Accounting Today
JULY 19, 2023
The island's top economic development official says he's actively cooperating with U.S. tax authorities as they investigate about 100 high-income individuals.
Xero
JULY 19, 2023
Ahead of the FIFA Women’s World Cup 2023, we sat down with Karen Bardsley to find out her perspective on the growth of the women’s game. Karen was goalkeeper for the England Women’s team, and she played for and now oversees the women’s teams at Manchester City F.C. Q: When you were younger, did you dream of becoming a professional footballer or did you have another career in mind?
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Accounting Today
JULY 19, 2023
While artificial intelligence does have the ability to take on some aspects of an accounting professional's role, there's no reason to fear the worst just yet.
Xero
JULY 19, 2023
Xero’s commitment to diversity and inclusion (D&I) across our global business extends to championing D&I in the communities in which we operate, including Indigenous communities globally. We believe driving better D&I outcomes can help amplify our positive impact on the world. This commitment aligns with our values and our purpose to make life better for people in small business, their advisors and communities around the world.
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
JULY 19, 2023
Starting Jan. 1, 2024, many small businesses will face a major new reporting requirement — and many of them are completely unaware of it.
Blake Oliver
JULY 19, 2023
How will generative AI change the accounting profession? Learn how in this video of my presentation, “How Artificial Intelligence Will Save Accounting.” We’ll explore the transformative impact artificial intelligence will have on the accounting industry in the coming years. With talent shortages causing pressing problems, AI represents a long-awaited solution to boost productivity.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
CSI Accounting & Payroll
JULY 19, 2023
When you own a small business, you need to be aware of your financial health. This is done through tracking KPIs (Key Performance Indicators). An important KPI that's easy to calculate on your own is your break-even point. Knowing your break-even point helps you find out what it takes for your business to be profitable, and it's especially valuable to product-based businesses and startups.
Accounting Today
JULY 19, 2023
This summer, KPMG launched the inaugural KPMG U.S. Empower High School Experience, a three-week paid internship focused on introducing high school students to accounting careers.
Ace Cloud Hosting
JULY 19, 2023
Some aspects of accounting are universal to all businesses, such as recording transactions, collecting revenue, and paying bills. But accounting for a manufacturing business involves some unique ones. The manufacturing.
Accounting Today
JULY 19, 2023
Baker Tilly International CEO Francesca Lagerberg has been presiding over the accounting firm network for over a year and overseeing growth at a time when some of its Big Four rivals seem to be retrenching on their staff numbers.
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.
Accounting Tools
JULY 19, 2023
What is an Accounting Schedule? An accounting schedule is a supporting document that provides additional details or proof for the information stated in a primary document. In business, accounting schedules are needed to provide proof for the ending balances stated in the general ledger , as well as to provide additional detail for contracts. Examples of accounting schedules are: A list of the aged accounts payable A list of the aged accounts receivable An itemization of all fixed assets and thei
Accounting Today
JULY 19, 2023
Accounting firms need to get ready for the surprises that lead to increased learning and knowledge.
Insightful Accountant
JULY 19, 2023
Continuing his series on clues for Top 100 2024 candidates from this year's award winners, Murph presents 'Tales from the Niche.
Accounting Today
JULY 19, 2023
OneStream Software CEO Tom Shea discusses the corporate performance management platform's growth and future plans.
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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!
Jetpack Workflow
JULY 19, 2023
A good introduction email to a new bookkeeping client shows you’re eager to get to work and dedicated to your services. The key is to be brief, professional, and friendly and continue building your client’s confidence in your business relationship. A lot is riding on this introductory email, but there’s no need to reinvent the wheel to nail it. Below is a sample introduction email template you can use to make that first impression with a new client account.
Accounting Today
JULY 19, 2023
Jan Marsalek was a key figure at Wirecard before its implosion in an accounting scandal in June 2020.
Earmark Accounting Podcast
JULY 19, 2023
Follow the journey of Keeley Favoino, CPA, from her background in accounting at various organizations, including EY, Starbucks, OfferUp, and Farmer's Fridge, before joining Foxtrot, a modern corner store concept. Foxtrot's accounting department was initially focused on bookkeeping, but as the company grew, so did the need for a more robust accounting system.
Accounting Today
JULY 19, 2023
The board unveiled six new search filters for its inspection report database, allowing new ways to compare and analyze reports.
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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.
Jetpack Workflow
JULY 19, 2023
A good introduction email to a new bookkeeping client shows you’re eager to get to work and dedicated to your services. The key is to be brief, professional, and friendly and continue building your client’s confidence in your business relationship. A lot is riding on this introductory email, but there’s no need to reinvent the wheel to nail it. Below is a sample introduction email template you can use to make that first impression with a new client account.
Future Firm
JULY 19, 2023
I am able to scale my Future Firm business over the years, with over 700 active paying customers while having a consistent 30-hour workweek. In this podcast episode, I shared my insights and strategies that allowed me to accomplish such feat, and hopefully inspire you when you want to create a scalable business model. Listen Below. 0:57 – My firm excelled in scalability due to our selective client approach, streamlined workflow, predefined package offerings, and a highly effective team. 1:
Billah and Associates
JULY 19, 2023
Running a small business involves several task and responsibilities. But one aspect that should never be overlooked is bookkeeping. Proper bookkeeping basics practices ensure accurate financial recording, allowing you to make informed decisions and comply with legal and tax requirements. In this guide, we will explore the essential accounting principles every small business owner should know.
Accounting Tools
JULY 19, 2023
Related Courses Revenue Management What is Value Billing? Value billing is a charge to a customer based on the value received, rather than the cost of the services provided. This type of billing is most common in situations where the value provided is unique and essential to the customer. For example, an investment banker or criminal defense attorney can issue value billings because the value provided is so great.
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 Today
JULY 19, 2023
The Treasury released partial guidance on supply-chain requirements that lets some vehicles qualify — but it hasn't yet clarified how to classify so-called foreign entities of concern.
Accounting Tools
JULY 19, 2023
Related Courses Payroll Management Small Business Tax Guide What is Self-Employment Tax? The self-employment tax is a federal tax paid by small business owners, which is used to fund the social security and Medicare programs. A self-employed person pays double the amount normally paid by an employee of a firm, since the self-employed person is paying both the employee share of the tax and the employer's matching amount.
NACM
JULY 19, 2023
Credit management can be described as both an art and a science. The art side of credit is earned through experience with skills in communication, problem solving, negotiation and that gut feeling when assessing creditworthiness. The science side of credit is based on technical skills earned through educational programs and on-the-job training."Wi.
Accounting Tools
JULY 19, 2023
Related Courses Financial Analysis What is Seasonality? Seasonality is a recurring and predictable pattern in the level of business activity over the course of a year. This pattern can be used to predict sales levels throughout the year, and so is incorporated into the annual budgeting process. When reviewing the results of a business, the analyst must take into account the impact of seasonality on reported results.
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
JULY 19, 2023
Related Courses Business Combinations and Consolidations Divestitures and Spin-Offs Mergers and Acquisitions What is a Short Form Merger? A short form merger combines a parent company and a subsidiary that is substantially owned by the parent. Either entity can be designated as the survivor of the merger. The requirements for a short form merger are set forth in the statutes of the applicable state government.
Accounting Tools
JULY 19, 2023
Related Courses Fixed Asset Accounting How to Audit Fixed Assets What is Useful Life? Useful life is the estimated lifespan of a depreciable fixed asset , during which it can be expected to contribute to company operations. This is an important concept in accounting, since a fixed asset is depreciated over its useful life. Thus, altering the useful life has a direct impact on the amount of depreciation expense recognized by a business per period.
Accounting Tools
JULY 19, 2023
Related Courses The Balance Sheet What is a Comparative Balance Sheet? A comparative balance sheet presents side-by-side information about an entity's assets , liabilities , and shareholders' equity as of multiple points in time. For example, a comparative balance sheet could present the balance sheet as of the end of each year for the past three years.
Accounting Tools
JULY 19, 2023
Related Courses Cost Accounting Fundamentals What are Mixed Expenses? Mixed expenses contain both fixed and variable components. There is a baseline fixed cost that does not vary, irrespective of changes in activity levels, as well as a variable cost component that will change in conjunction with activity. This means that a mixed expense will not be entirely eliminated, even when the activity level drops to zero.
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