Accounting Today

MAY 6, 2024

Accounting firms that have embraced artificial intelligence are primarily using it to analyze documents, automate tasks and bolster client communication.

Accounting 289

Accounting Accounting 289

Intuit

MAY 6, 2024

Greg Johnson, has returned to Intuit as EVP, Intuit Chief Commercial Officer and Global Small Business Self Employed Group Chief Revenue Officer. In his Chief Commercial Officer role, Greg will partner across Intuit brands to accelerate Intuit’s commercial growth strategy. This will include customer-back segmentation, product lineup, pricing, and go-to-market activities, as well as brand, marketing and communications for the company.

QuickBooks 130

QuickBooks 130

Accounting Today

MAY 6, 2024

Among the concerns of using AI in accounting are the potential risks to the security and privacy of data.

Accounting 270

Accounting Accounting 270

Enterprise Recovery

MAY 6, 2024

The tech industry is known for its rapid growth and innovation but faces unique challenges regarding debt collection and non-paying clients. Understanding the intricacies of debt collection in this sector is essential for companies to recover payments and maintain financial stability. Learn more about the complexities of debt collection within the tech industry and the strategies for successful payment recovery.

Collections 82

Collections 82

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

Accounting Today

MAY 6, 2024

The Public Company Accounting Oversight Board released a report highlighting special auditing considerations in the commercial real estate market, at a time when many office buildings have lost tenants due to remote work and empty space has grown.

Auditing 171

Auditing Accounting Accounting 171

Ace Cloud Hosting

MAY 6, 2024

Will AI replace accountants in near future? It’s a question on many minds. The world is evolving fast, especially with technology. As someone in accounting, you’re probably curious about what.

Accounting 81

Accounting Accounting QuickBooks 81

Invoicera

MAY 6, 2024

Introduction Ever spent hours buried in spreadsheets, manually creating invoices and chasing down payments? You’re not alone. A recent study found that 60% of contractors spend more than 5 hours per month on manual invoicing tasks. ‍ That’s valuable time that could be better spent focusing on what you do best: building and delivering exceptional projects.

Invoicing 59

Invoicing Billing XERO Accounting Software 59

Accounting Today

MAY 6, 2024

Investors waiting for an update of how Donald Trump's media startup is faring will have to wait a bit longer — months by some accounts — before getting a look at financial results.

Accounting 164

Accounting Accounting Auditing 164

Blake Oliver

MAY 6, 2024

Sam Altman says that helpful agents will be AI's "killer function," integrating deeply into our lives and acting as extensions of ourselves. It sounds like science fiction, but you can start doing this now!

Accounting 52

Accounting Accounting 52

Accounting Today

MAY 6, 2024

The Internal Revenue Service is falling short on its initiative to expand jobs, services, and assistance to taxpayers in underserved populations in the Mississippi Delta, according to a new report.

Tax 164

Tax 164

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.

Insightful Accountant

MAY 6, 2024

Intuit has recently announced a new service called QB Live Expert Assisted Bookkeeping. However, this move has understandably sparked mixed reactions within the accounting community. Read more about it!

Bookkeeping 52

Bookkeeping Accounting Accounting 52

Accounting Today

MAY 6, 2024

Governor Maura Healey's $4 billion housing bond bill, the state's biggest-ever investment in its residential stock, includes a provision allowing cities to impose a transfer fee of 0.5% to 2% on property sales exceeding $1 million.

Tax 164

Tax Billing 164

Nanonets

MAY 6, 2024

General Ledger Reconciliation The General Ledger (GL) is a silent custodian of a company's financial narrative. It is a record of all financial transactions of an enterprise and provides a comprehensive account of the organization's monetary activities. However, the GL is not the sole repository of financial data. Businesses maintain a multitude of other financial documents, including bank statements, invoices , bills, cash payment receipts, and more.

General Ledger 52

General Ledger Reconciling Data Entry Payroll 52

Accounting Today

MAY 6, 2024

U.S. taxes are likely to rise as lawmakers look to narrow the federal deficit, Warren Buffett said, as Washington prepares for major tax negotiations next year.

Corporation Tax 164

Corporation Tax Tax 164

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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.

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IMA's Count Me

MAY 6, 2024

Celebrate International Management Accounting Day with a special episode of the Count Me In Podcast, featuring an enlightening discussion between two esteemed guests: Travis Willard , Senior Vice President of Product and Innovation at IMA, and Susie Duong , Director of Research at IMA, bringing unique perspectives on the integration of AI into accounting and finance.

Management Accounting 49

Management Accounting Accounting Accounting 49

Accounting Today

MAY 6, 2024

Jody Padar prides herself as a disrupter and rightfully so, especially in her new book.

CPA 198

CPA Accounting Accounting 198

Accounting Tools

MAY 6, 2024

What is ABC Analysis? ABC analysis is used to categorize items into three classifications, based on activity levels. The concept is most commonly applied to inventory , where the "A" classification identifies high-usage items, the "B" classification identifies medium-usage items, and the "C" classification identifies low-usage items. This breakdown can then be used to exercise high levels of monitoring over "A" classification inventory, and the least monitoring over "C" classification inventory.

Customer Service 40

Customer Service Accounting Accounting 40

Accounting Today

MAY 6, 2024

BF Borgers CPA PC and its founder, Benjamin Borgers, will be permanently suspended from practicing and appearing as accountants before the SEC.

CPA 141

CPA Accounting Accounting Auditing 141

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

MAY 6, 2024

What are Derivative Instruments? A derivative is a financial instrument that has the following characteristics: It is a financial instrument or a contract that requires either a small or no initial investment; There is at least one notional amount (the face value of a financial instrument, which is used to make calculations based on that amount) or payment provision; It can be settled net, which is a payment that reflects the net difference between the ending positions of the two parties; and It

Accounts Payable 40

Accounts Payable Accounts Payable Accounts Receivable Accounts Receivable 40

Accounting Today

MAY 6, 2024

As one of many providers of the existing and expanding capabilities, Envestnet is urging more financial advisors to consider after-tax optimization.

Tax 136

Tax 136

Accounting Tools

MAY 6, 2024

What is the Program Evaluation and Review Technique? The program evaluation and review technique (PERT) is used to manage a project. It identifies every task associated with a project, the time required to complete each one, and the dependencies between tasks. The result is a network diagram, known as a PERT chart, that clarifies where the critical path is located in a project.

Accounting 40

Accounting Accounting 40

Accounting Today

MAY 6, 2024

Marcum acquired Croskey Lanni; Ascend added Blackman & Sloop and TSS; and RKL eSolutions bought Techware.

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131

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

Accounting Tools

MAY 6, 2024

What is the Operating Cash Flow Ratio? The operating cash flow ratio measures the ability of a business to pay for its current liabilities from its reported operating cash flows. The best-case scenario is when the ratio reveals operating cash flows that are several multiples of the liabilities that must be settled. Conversely, a low ratio indicates that cash flows may not be sufficient to settle all obligations as they come due, which could indicate an impending solvency issue.

Accruals 40

Accruals Financial Statements Accounting Accounting 40

Nanonets

MAY 6, 2024

Spreadsheets like Excel have long been a staple for account reconciliation , but their limitations are becoming increasingly evident. Issues such as version control, formula errors, and manual data entry pose significant risks to accuracy and efficiency. According to the ACCA, over 90% of spreadsheets have significant errors , despite over 90% of spreadsheet users being confident in the accuracy of their spreadsheets.

Account Reconciliation 52

Account Reconciliation Accounting Accounting Auditing 52