Accounting Today
SEPTEMBER 11, 2023
The Big Four firm plans to stop offering some types of services to SEC-registered audit clients, and to cut the compensation of top leaders if the firm's audits fall short on quality.
Xero
SEPTEMBER 11, 2023
Last month on stage at Xerocon Sydney, we announced that applications officially opened for the Xero Beautiful Business Fund. We’re giving away more than NZ$750,000 to eligible Xero small business customers across Australia, Canada (excluding Quebec), New Zealand, Singapore, South Africa, the UK and the US. While this initiative is targeted at small businesses, our accounting and bookkeeping partners play a key role in driving small business success and we’d love for you to help get your client
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Accounting Today
SEPTEMBER 11, 2023
The Internal Revenue Service will need to tread carefully with how it uses AI amid growing questions about the reliability of the technology.
Fidesic blog
SEPTEMBER 11, 2023
Beginning December 1, 2023, Bill.com will no longer support direct sync for Microsoft Dynamics GP (Great Plains).
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
SEPTEMBER 11, 2023
Promoting a top performer doesn't always guarantee they'll stay — ADP's Nela Richardson shares how to navigate these transitions better.
Fidesic blog
SEPTEMBER 11, 2023
Beginning December 1, 2023, Bill.com will no longer support direct sync for Microsoft Dynamics GP (Great Plains).
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Insightful Accountant
SEPTEMBER 11, 2023
Murph is prone to repeating himself these days. That's especially so when it comes to important clues, like "don't miss training opportunities" for Top 100 2024.
Accounting Today
SEPTEMBER 11, 2023
A March acquisition continued to yield dividends for the Cleveland-based Top 50 Firm; Deloitte and CohnReznick also saw big gains.
Accounting Tools
SEPTEMBER 11, 2023
Related Courses Accountants’ Guidebook Bookkeeper Education Bundle Bookkeeping Guidebook What is a Transaction? A transaction is a business event that has a monetary impact on an entity's financial statements , and is recorded as an entry in its accounting records. Examples of transactions are as follows: Paying a supplier for services rendered or goods delivered.
Accounting Today
SEPTEMBER 11, 2023
Leveraging GenAI to automate tasks versus offshoring them is a key competitive advantage.
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
SEPTEMBER 11, 2023
Related Courses Business Ratios Guidebook The Interpretation of Financial Statements What is the Cash Flow Adequacy Ratio? The cash flow adequacy ratio is used to determine whether the cash flows generated by the operations of a business are sufficient to pay for its other ongoing expenses. In essence, cash flows from operations are compared to the payments made for long-term debt reductions, fixed asset acquisitions, and dividends to shareholders.
Accounting Today
SEPTEMBER 11, 2023
Britain's accountants, auditors and advisers are clinging to their jobs, nervous that their negotiating power has sharply dropped.
Insightful Accountant
SEPTEMBER 11, 2023
In the second track from 'Future Forward September 2023,' K2 Enterprises' Randy Johnston demystifies AI and unveil its practical applications, transforming it from theory into a hands-on tool. Sign up here.
Accounting Today
SEPTEMBER 11, 2023
Stress reduction can be accomplished by how realistically we view our roles, control what we do, commit to deadlines, and understand our own capabilities and time allocation.
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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!
Economize
SEPTEMBER 11, 2023
In the era of cloud computing, where businesses are increasingly adopting multi-cloud strategies, the need for seamless connectivity and efficient networking solutions has never been more crucial. Enter GCP Cross Cloud Network, an innovative networking solution offered by Google Cloud.
SMB Accounting and Consulting
SEPTEMBER 11, 2023
Purchasing is an important function for any size business, whether large or small, because it has a direct impact on costcontrol, efficient operations, quality, and vendor relationships. Failure to follow best practices when purchasing goods and services can expose a small business to compliance violations, cash flow problems and missed savings opportunities.
CloudZero
SEPTEMBER 11, 2023
The latest cloud cost news is primarily good news: Each of the major cloud providers released changes that could improve your bottom line:
Accounting Tools
SEPTEMBER 11, 2023
Related Courses Fixed Asset Accounting How to Audit Fixed Assets What is a Fixture in Accounting? A fixture is a fixed asset that is physically attached to property. A fixture cannot be removed without causing damage to the asset. Examples of fixtures are integrated lights, built-in cabinets, toilets, and sinks. In the accounting records of an organization, fixtures are classified as fixed assets and so are depreciated over time.
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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.
Accounting Tools
SEPTEMBER 11, 2023
Related Courses C Corporation Tax Guide Types of Business Entities What is a Foreign Corporation? A foreign corporation is a corporation that is registered to do business in a state other than the one in which it was incorporated. By registering in multiple states, a corporation can do business over a broader geographical area without having to create a separate corporation in each state.
Accounting Tools
SEPTEMBER 11, 2023
Related Courses Bankruptcy Tax Guide Essentials of Corporate Bankruptcy Essentials of Collection Law What is a Foreclosure? A foreclosure is a situation in which a lender seizes a property because the homeowner has been unable to make mortgage payments in a timely manner. The lender evicts the homeowner and sells the property in order to earn back the unpaid balance of the mortgage.
Accounting Tools
SEPTEMBER 11, 2023
Related Courses Budgeting Financial Forecasting and Modeling What is a Financial Projection? A financial projection shows the expected revenues , expenses , and cash flows of a business over a forecast period. This forecast may be used internally as the basis for a more detailed budget , or it may be presented to outsiders. In the latter case, a financial projection may be used to convince a lender to provide a business with a loan , or investors to buy shares in the firm.
Accounting Tools
SEPTEMBER 11, 2023
Related Courses Accounting for Inventory Cost Accounting Fundamentals What is Full Product Cost? Full product cost refers to the assignment of both direct costs and indirect costs to a product. This means that direct materials , direct labor , and overhead are included in the cost. Full product cost is needed for two reasons, which are: The cost of inventory that is stated on the balance sheet must include all three costs, as required by the major accounting frameworks.
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
SEPTEMBER 11, 2023
Related Courses Auditing State and Local Governments Governmental Accounting The Green Book Explained The Yellow Book Explained What is a Fiduciary Fund? A fiduciary fund is used in governmental accounting to report on assets held in trust for others. When financial statements are prepared for fiduciary funds, they are presented using the economic resources measurement focus and the accrual basis of accounting.
Accounting Tools
SEPTEMBER 11, 2023
Related Courses Cost Accounting Fundamentals What are Facility-Level Activities? Facility-level activities are those actions taken to maintain the general operations of a business. These actions cannot be traced to individual products, production cells, or product lines.
Accounting Tools
SEPTEMBER 11, 2023
Related Courses How to Conduct a Compilation Engagement How to Conduct a Review Engagement How to Conduct an Audit Engagement What is a Review in Accounting? A review is a reduced form of an audit that provides a reduced level of assurance regarding an entity's financial statements. The auditor who conducts a review must perform analytical procedures and make inquiries of the client concerning the financial statements and accompanying footnote disclosures.
Accounting Tools
SEPTEMBER 11, 2023
Related Courses Fraud Examination Fraud Schemes How to Audit for Fraud What is a Scam? A scam is a scheme in which someone tries to dishonestly obtain assets owned by another party. One general classification of scam is misrepresentation, where a person falsely claims to have certain skills, experience, or certifications, and uses these claims to extract money from others.
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
SEPTEMBER 11, 2023
Related Courses Corporate Cash Management Treasurer's Guidebook What is Gross Settlement? Gross settlement is the transfer of funds that will be immediately available to the recipient. This is an electronic transfer between banks, and typically involves separate payment instructions for each transaction. The cost of gross settlement transactions is high, so individual transactions tend to involve larger amounts of funds or be very time sensitive.
Accounting Tools
SEPTEMBER 11, 2023
Related Courses Business Ratios Guidebook The Interpretation of Financial Statements What is Free Cash Flow per Share? Free cash flow per share measures the amount of cash spun off by a business. It is calculated as total free cash flow , divided by the weighted average number of shares outstanding during the measurement period. A significant amount of free cash flow per share, and especially when it is trending up, indicates that a business has sufficient cash to pay down debt , acquire assets
Accounting Tools
SEPTEMBER 11, 2023
Related Courses Business Ratios Guidebook Financial Analysis Education Bundle The Interpretation of Financial Statements What is Financial Statement Analysis? Financial statement analysis involves gaining an understanding of an organization's financial situation by reviewing its financial reports. The results can be used to make investment and lending decisions.
Accounting Tools
SEPTEMBER 11, 2023
Related Courses Accountants' Guidebook How to Audit Equity The Balance Sheet What is Contributed Capital? Contributed capital is an element of the total amount of equity recorded by an organization. It can be a separate account within the stockholders' equity section of the balance sheet , or it can be split between an additional paid-in capital account and a common stock account.
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