Accounting Today
OCTOBER 10, 2023
A majority of chief audit executives and information technology audit leaders consider cybersecurity to be a top risk over the next year, but they're less concerned about artificial intelligence.
Accounting Department
OCTOBER 10, 2023
When running a business, keeping track of expenses can be a daunting task. From petty cash expenses to vendor payments, you need to ensure every penny spent is accounted for. That's where expense reports come in.
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Accounting Today
OCTOBER 10, 2023
The Financial Accounting Standards Board is incorporating some of the Securities and Exchange Commission's disclosure requirements into its Accounting Standards Codification.
Xero
OCTOBER 10, 2023
Entries for the UK Xero Awards 2024 are now open for our accounting, bookkeeping and app partners. Being an award-winning firm isn’t easy, and neither is writing an award-winning entry. So how can you put your best foot forward when crafting your award submission? In season one of Beyond Numbers – our new podcast for accountants and bookkeepers – we spoke to Pam Phillips, founder and managing director of award-winning small firm de Jong Phillips , who shared her advice on not just being an award
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 10, 2023
The Pittsburgh Steelers kicked off an unusual multiyear partnership Tuesday with the Center for Audit Quality's Accounting+ initiative with the goal of drafting a new generation of diverse students to join the accounting profession.
Insightful Accountant
OCTOBER 10, 2023
Join Liz Scott on Wednesday, October 18, 2023 at 2 PM Eastern for the latest and greatest news about the QuickBooks Online product line-up. You won't want to miss it.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Insightful Accountant
OCTOBER 10, 2023
Insightful Accountant is proud to announce the new International ProAdvisor Awards for 2024. The awards will be conducted alongside the US Top 100 ProAdvisor and Up-n-coming ProAdvisor awards.
Accounting Today
OCTOBER 10, 2023
Even though the effective date is less than 90 days away, most businesses are either unaware of it or uncertain how to comply.
Insightful Accountant
OCTOBER 10, 2023
According to US Bank's 'CFO Insights Report,' more of today's finance leaders are shifting to more of a defense mode. Check out the survey results inside.
Accounting Today
OCTOBER 10, 2023
State and local organizations hope to learn what's behind the decline in young people pursuing the CPA.
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
OCTOBER 10, 2023
Related Courses Business Ratios Guidebook Key Performance Indicators The Interpretation of Financial Statements What are Leverage Ratios? Leverage ratios are used to determine the relative level of debt load that a business has incurred. These ratios compare the total debt obligation to either the assets or equity of a business. A high ratio indicates that a business may have incurred a higher level of debt than it can be reasonably expected to service with ongoing cash flows.
Accounting Today
OCTOBER 10, 2023
The Top 10 Firm reported Tuesday it reached a record annual revenue of $2.4 billion for the fiscal year ending July 31, 2023.
Tipalti
OCTOBER 10, 2023
Learn how to create a corporate credit card policy that meets your company's needs and protects against fraud. This article covers everything from setting spending limits to monitoring transactions.
Accounting Today
OCTOBER 10, 2023
Significant tax and legal issues may be triggered with some types of estate planning arrangements.
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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!
Insightful Accountant
OCTOBER 10, 2023
Here's a detailed new analysis of official statistics, employment trends from the Intuit QuickBooks Small Business Index, including surveys of 5,000-plus small businesses and data from 3-million QuickBooks customers.
Accounting Today
OCTOBER 10, 2023
A lack of data management policies can be an expensive mistake.
Ontrack Bookkeeping
OCTOBER 10, 2023
In the world of business, one constant factor you are likely to encounter is change, particularly in the financial landscape. One such change that bears significant implications for small businesses is rising interest rates. Understanding how this impacts your business and identifying solutions to counteract these effects can be key to sustaining and growing your business.
Accounting Today
OCTOBER 10, 2023
For years, company leadership allegedly misrepresented and concealed key details about FTX's operations from investors, other employees and the customers who prosecutors claim had billions of dollars of their money stolen.
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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.
CSI Accounting & Payroll
OCTOBER 10, 2023
Payroll seems easy, but it has to follow the law. How do you stay in compliance when it comes to holiday pay and overtime pay - especially when it looks like there’s overlap? At CSI Accounting & Payroll, we’ve worked with small businesses for over 50 years. In all of that time, we’ve learned a lot about labor laws and how they affect payroll! In this article, we’ll go over what we tell small business owners who ask these questions: What is holiday pay?
Accounting Today
OCTOBER 10, 2023
Staffing and AI; a tab for online sports bets; risk factors; and other highlights from our favorite tax bloggers.
Blake Oliver
OCTOBER 10, 2023
Accounting has a problem. You've probably heard the warnings about an impending talent crisis in the profession. Simply put, demand is outpacing supply. Here’s the deal. Earning that coveted CPA license requires 150 credit hours, equivalent to five years of college education. That’s no small feat for students. This decades-old rule deters many from pursuing accounting degrees and careers.
Nanonets
OCTOBER 10, 2023
A bank remittance is a payment sent to a bank, typically in another country, for the purpose of financing a purchase or other transaction. Bank remittances are often used to pay for goods or services, or to transfer money to friends and family members. The money is typically sent through an intermediary, such as a wire transfer service or even PayPal.
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 10, 2023
Related Courses Oil and Gas Accounting What is an Underlift Position? An underlift position arises when an organization owns a partial interest in a producing property and does not take its entire share of the oil and gas that is produced in a period. In this situation, there is an imbalance in the apportionment of oil and gas produced, so the firm recognizes revenue based on its ownership share of production in the period, as well as a receivable for any oil and gas shortfall (an underlift posi
NACM
OCTOBER 10, 2023
Education gives professionals the opportunity to learn, share their knowledge and grow. NACM's Professional Certification Program allows credit professionals to earn credentials that showcase excellence and mastery in their career. With six levels of professional certifications, credit professionals are motivated to sharpen their tools or learn new.
Accounting Tools
OCTOBER 10, 2023
Related Courses Oil and Gas Accounting What is the Ceiling Test? The ceiling test is a method used to keep the capitalized cost of a business from exceeding its underlying value. It is used by an oil and gas producer that employs the full cost method to account for its costs. Under the ceiling test, the net amount of costs in a cost center cannot exceed the sum of the items noted in the following calculation: + The present value of estimated future net revenues , minus any estimated future expen
CapActix
OCTOBER 10, 2023
Introduction Effectively handling the financial matters of numerous businesses can pose challenges in terms of organization and oversight. That’s where the best accounting software for CPAs and accounting firms comes into play. This advanced software offers a comprehensive range of features, including payroll management, report generation, expense tracking, and even tools for auditing and tax preparation support.
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 10, 2023
Related Courses Business Ratios Guidebook Key Performance Indicators The Interpretation of Financial Statements Operating performance ratios are intended to measure different aspects of an organization's core operations. The focus of these measurements is on the efficient use of resources to generate sales , as well as how well assets can be converted into cash.
Bookkeeping Express
OCTOBER 10, 2023
Every year, small business owners find themselves in a frantic race against time as December inches closer. This last-minute scramble typically involves gathering scattered receipts, invoices, and financial statements, reconciling accounts, calculating tax obligations, and preparing financial statements for tax filing. It’s a high-pressure situation that takes a toll on your well-being and poses significant risks to your business.
Accounting Tools
OCTOBER 10, 2023
Related Courses New Manager Guidebook Operations Management What is Suboptimization? Suboptimization is a reduced level of output that results from an inefficient or ineffective process or system. Suboptimization can also arise from a focus on optimizing a unit of a business rather than the results of the entire business. Example of Suboptimization A company's controller locks down the office supplies cabinet in order to eliminate the theft of supplies.
Accounting Today
OCTOBER 10, 2023
Jeffrey McConney testified that he added tens of millions of dollars a year to the former president's annual financial statements for the value of mansions that did not exist.
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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.
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