Accounting Today

AUGUST 23, 2023

The board finalized a new standard aimed at providing more useful information on a venture's financial statements and curbing differences in reporting practice.

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Financial Statements Financial Reporting Accounting Accounting 246

Xero

AUGUST 23, 2023

It was great to see so many new and familiar faces from Xero’s accounting and bookkeeping community at Xerocon Sydney 2023. As always, day one featured a packed agenda – and you better believe the pace didn’t let up on day two. Sharing insights and inspiration We had another busy morning on the main stage. The day kicked off with a moving welcome from Te Raranga Whanui Kapahaka group, followed by an insightful conversation between Xerocon host Julia Zimero and Xero CEO, Sukhinder Si

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XERO Bookkeeping Accounting Accounting 212

Accounting Today

AUGUST 23, 2023

There are several compelling reasons why the future of finance requires organizations to strike a balance between both human and machine-driven intelligence.

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Accounting Accounting 246

Future Firm

AUGUST 23, 2023

As new ideas and features emerge, it’s all too easy for the initial project boundaries to expand far beyond their intended limits. In this episode, I discussed nine key strategies that I have tested in the field to effectively prevent scope creep. Listen Below. 0:43 Scope creep or out-of-scope work is defined as performing tasks not outlined in the client agreement.

Accounting 98

Accounting Accounting 98

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

AUGUST 23, 2023

While people seem to have concerns about the rise of generative AI and the risks it presents, people are still using it and trusting its answers.

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XERO 246

Dext

AUGUST 23, 2023

A recent survey by Dext has revealed the ongoing accounting pressures felt by small business owners at present. The survey of 250 small business leaders in the UK uncovered some major issues relating to the time required to complete bookkeeping tasks, visibility of finances, and general ongoing stress.

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Accounting Accounting Bookkeeping 98

Nanonets

AUGUST 23, 2023

AI-based document processing is transforming the way businesses handle paperwork. It is overhauling traditional data entry, approval systems, and document management. As per a Smartsheet study , workers spend over a quarter of their week on mundane tasks like data management. Most of us can relate to the frustration of sifting through complex documents, manually extracting data, or struggling with clunky document management systems.

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Data Entry Customer Service Purchase Order Auditing 97

Accounting Today

AUGUST 23, 2023

The Securities and Exchange Commission adopted new rules and amendments aimed at tightening the regulation of private fund advisors.

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Auditing 246

RevCycle

AUGUST 23, 2023

The Hospital Price Transparency Rule was enacted in 2021 with the goal of making hospital prices more transparent for patients. The rule requires hospitals to post their standard charges, negotiated rates, and cash prices for 300 common services online in a machine-readable format. However, more than two years after the rule went into effect, many hospitals are still not in compliance.

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Billing Computation 97

Accounting Today

AUGUST 23, 2023

Technology saves us a lot of time and effort — but it also requires a lot of time and effort. Are we really coming out ahead?

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Accounting Accounting 190

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

AUGUST 23, 2023

According to a new Xero survey, there are calls among small business owners for greater data protection and education, with 77% believing AI will have an impact on their business in the next five years.

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XERO 78

Accounting Today

AUGUST 23, 2023

The National Association of State Boards of Accountancy announced the recipients of its 2023 Accounting Education Research Grants.

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Accounting Accounting 130

Accounting Tools

AUGUST 23, 2023

Related Courses Bookkeeping Guidebook Payables Management What is a Check Register? A check register is a document on which is stated the payment dates, check numbers, payment amounts, and payee names for all check payments. The report is used to determine the exact payments included in a check run; as such, it is considered a necessary part of the accounts payable process.

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Bank Reconciliation Accounts Payable Accounts Payable Reconciling 75

Accounting Today

AUGUST 23, 2023

Profits at the U.K. arm of the Big Four firm declined to £1.3 billion in the year to June 2023, from £1.

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130

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Accounting

Blake Oliver

AUGUST 23, 2023

As an accountant, you know any additional income means a potential tax liability for your clients. For clients who gamble, winnings can lead to unexpectedly high tax bills. Keep the house from taking your clients' hard-won gains. In Episode 49 of my Earmark Podcas t , I interviewed gambling tax expert Zak Zimbile, CPA , on strategies to minimize taxes on gambling income.

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Tax CPA Billing Accounting 52

Accounting Today

AUGUST 23, 2023

In this Vendor Spotlight we hear from Ben Borodach, co-founder and CEO of tax solutions provider April.

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Tax 130

Economize

AUGUST 23, 2023

Moving beyond traditional reactive approaches, Augmented FinOps enables proactive and agile cost management, allowing organizations to continually optimize their cloud infrastructure.

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FinOps FinOps FinOps Automation Computation 52

Accounting Today

AUGUST 23, 2023

To successfully navigate day two and beyond with lease contracts, organizations must move past manual processes and spreadsheets and instead implement lease accounting software solutions.

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Financial Reporting Accounting Accounting Accounting Software 100

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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.

AP

Insightful Accountant

AUGUST 23, 2023

PKF Mueller and Mueller dotKonnect sign up to global agreement, making Xero the preferred accounting software for their clients.

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XERO Accounting Software Accounting Accounting 52

Cloud Accounting Podcast

AUGUST 23, 2023

In this episode, Blake and David talk app integration frustrations, Gusto's new payroll feature, increased fees for tax professionals, a tragic accident involving an IRS agent, low job fulfillment among accountants, and an employee stock ownership plan at BDO. They also dive into Amazon's new product review feature and the appointment of a former Intuit executive as the new CEO of PayPal.

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QuickBooks CPA Payroll Billing 40

Insightful Accountant

AUGUST 23, 2023

The accounting platform Translucent has raised £5M seed-round led by Europe's No. 1 seed investor, LocalGlobe.

Accounting 52

Accounting Accounting 52

Accounting Tools

AUGUST 23, 2023

Related Courses Inventory Management What is Drop Shipping? Drop shipping involves having a supplier ship goods directly to the customer of the seller. By doing so, the seller never has to touch the inventory at all. When a seller uses drop shipping, it eliminates the following transactions , all of which could potentially involve damage to the goods: Receive goods Move goods to quality review area Examine goods based on receiving criteria Move reviewed goods to warehouse storage area Pick goods

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Billing Invoicing 40

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

AUGUST 23, 2023

Xero has opened applications for its inaugural Xero Beautiful Business Fund.

XERO 52

XERO 52

Accounting Tools

AUGUST 23, 2023

Related Courses Law Firm Accounting Partnership Accounting Partnership Tax Guide What is a Capital Account? A capital account is used by sole proprietorships and partnerships to track the net investment balance of their owner(s) from the perspective of the business. The balance in a capital account is usually a credit balance , though the amount of losses and draws can sometimes shift the balance into debit territory.

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Accounting Accounting Tax 40

finout

AUGUST 23, 2023

Discover ways to efficiently manage AWS Elastic IP costs.

FinOps 52

FinOps FinOps 52

Accounting Tools

AUGUST 23, 2023

Related Courses Accounting for Inventory Activity-Based Costing Cost Accounting Fundamentals What is the Manufacturing Overhead Rate? A manufacturing overhead rate is the standard amount of factory overhead cost assigned to each unit of production. This information is used in accrual-basis accounting to assign factory overhead costs to units that have been sold and to units that are stored in inventory.

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Accruals Cost Accounting Billing Accounting 40

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

NACM

AUGUST 23, 2023

​Credit professionals must continuously stay informed and increase their credit knowledge to advance in their career—after all, knowledge is power. By attending NACM's Graduate School of Credit and Financial Management (GSCFM), a hybrid program that covers four essential business and professional growth disciplines: Advanced Financial Statement Ana.

Financial Statements 5

Financial Statements 5

Accounting Tools

AUGUST 23, 2023

Related Courses Bookkeeper Education Bundle Bookkeeping Guidebook What is a Memo Entry? A memo entry is a transaction that contains no postings to the general ledger. This entry is used for stock splits , where the number of shares outstanding changes, but there is no alteration of the underlying equity accounts. The entry is used to note the change in shares outstanding.

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General Ledger Bookkeeping Accounting Accounting 40

Gaviti

AUGUST 23, 2023

Efficient dispute management plays an essential role in improving your organization’s financial and business success. Disputes within account receivables can lead to delayed payments, strained customer relationships and unforeseen cash flow problems. By implementing an effective process, businesses can swiftly resolve discrepancies and promote a healthy cash flow.

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Accounts Receivable Accounts Receivable Account Receivables Collections 96

Accounting Tools

AUGUST 23, 2023

Related Courses Financial Analysis What is Marginal Revenue? Marginal revenue is the additional revenue generated by the sale of one extra unit. The concept is frequently used to determine whether special pricing deals are worthwhile. For example, a business can sell 10 units for a total of $100, which is $10 each. A customer offers to buy 11 units if the total price is reduced to $108.

Financial Analysis 40

Financial Analysis 40

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