Accounting Today
JANUARY 18, 2024
Economic confidence among accountants in North America rebounded dramatically in the fourth quarter of 2023, but that boost in confidence didn't happen in most other parts of the world.
Intuit
JANUARY 18, 2024
A mentoring relationship can help technology professionals at any stage identify new growth opportunities, gain perspective on the challenges they face, and build a network of support as they advance. That’s especially important for women and other underrepresented groups in tech, who often face structural disadvantages and lack a sense of belonging at work.
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Accounting Today
JANUARY 18, 2024
Shocking behavior; mother's day; Ferrari mad; and other highlights of recent tax cases.
Accounting Department
JANUARY 18, 2024
It has been said that human capital is an organization's most valuable asset in today's climate. However, managing your financial assets is the ultimate responsibility of the company leadership. Without sound financial planning and asset management, a business can't thrive. And, ultimately, your human assets will suffer. Forecasting is an essential part of the equation.
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
JANUARY 18, 2024
The accounting profession is undergoing significant changes due to the rise of artificial intelligence and automation.
Fidesic blog
JANUARY 18, 2024
Looking to digitize vendor payments? Fidesic’s vendor payment solution is your best tool for paying invoices out of Microsoft Dynamics GP and BC.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Insightful Accountant
JANUARY 18, 2024
Murph takes 'another look' at Dryrun, financial forecasting and scenario modeling software that integrates with QuickBooks Online, Xero and other platforms.
Accounting Today
JANUARY 18, 2024
The IRS reviews all income tax brackets annually, making adjustments as necessary to balance for inflation.
Accounting Tools
JANUARY 18, 2024
What is a Functional Currency? A functional currency is the currency used in the primary economic environment where an entity operates. This is the environment in which an entity primarily generates and expends cash. You should consider the following primary factors in determining an entity’s functional currency: The currency that primarily influences sales prices (usually the currency in which prices are denominated and settled).
Accounting Today
JANUARY 18, 2024
The fast-growing international network formed by former partners from Arthur Andersen has expanded to San Diego.
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
JANUARY 18, 2024
What is a Journal? There may be several journals, each one usually dealing with high-volume areas, such as purchase transactions, cash receipts, or sales transactions. Less frequent transactions, such as depreciation entries, are generally clustered into the general journal. Information is recorded in journals in chronological order by individual transaction, which makes it easier to sort through information and find the specific items that users need.
Accounting Today
JANUARY 18, 2024
Retirement plan sponsors and advisers receive guidance from the IRS on how to legally incentivize plan participation.
Economize
JANUARY 18, 2024
The new BigQuery FOCUS view is an effort from GCP to simplify the cloud billing efforts taken by Organizations using a multi-cloud environment. Being a core contributor to the FinOps FOCUS Project, GCP has taken a significant step towards standardizing cloud cost management.
Accounting Today
JANUARY 18, 2024
The justices heard two appeals that could constrain environmental, consumer-protection and financial regulators.
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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
JANUARY 18, 2024
Podcast Summary In this episode of Growing Your Firm, David Cristello interviews Brad Schuchardt, founder of BTBK Accounting Services. Brad specializes in providing full-service accounting solutions to restaurants, offering accurate financial information and strategic business insight. They discuss Brad’s journey into his niche, marketing strategies, and scaling up his firm.
oAppsNet
JANUARY 18, 2024
The reconciliation of vendor statements emerges as a pivotal process, ensuring accuracy, transparency, and robust vendor relationships. This comprehensive guide outlines essential steps for navigating the complexities of vendor statement reconciliation and dives deeper into advanced strategies, providing businesses with a roadmap to financial precision and operational excellence. 1.
Counto
JANUARY 18, 2024
Mastering Payroll Management: A Guide for Employers in Singapore Effective payroll management is crucial for employers in Singapore to ensure compliance with labor laws and maintain a smooth employee-employer relationship. In this comprehensive guide, we’ll delve into the intricacies of managing payroll in Singapore, covering essential aspects to help you streamline your payroll processes and avoid legal pitfalls.
LedgerDocs
JANUARY 18, 2024
We have recently brought back a game-changing integration set to transform the way you handle your bank statements in LedgerDocs. We are excited to announce the return of a dynamic partnership – LedgerDocs and Dropbox. In this blog post, we will explain how this integration works and how you can leverage it to make your workflow more efficient. How Does the Magic Happen?
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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.
AvidXchange
JANUARY 18, 2024
Jackson Land Development Jackson Land Development is a Pompano Beach, Florida-based business that delivers underground construction services, including excavation and finish grading, to residential and commercial land developers. The company’s mission is to be an industry leader, providing ultimate value and satisfaction to its customers. Jennifer Garten is a project coordinator and accounting assistant for Jackson Land Development’s accounts payable (AP) team. • Products Used: AvidXchange Timbe
Nanonets
JANUARY 18, 2024
In the world of business, efficiency and accuracy are key. One critical aspect where these qualities play a vital role is in the handling of purchase orders. A purchase order is more than just a document; it's a fundamental component of business transactions, governing the purchasing of products or services. Traditionally, managing purchase orders has been a complex and paper-heavy process, often leading to inefficiencies and errors.
Accounting Today
JANUARY 18, 2024
Proponents of affordable housing are praising provisions related to the Low-Income Housing Tax Credit in the tax extenders bill that was unveiled this week, saying they could result in financing over 20,000 homes.
Accounting Tools
JANUARY 18, 2024
What is Asset Stripping? Asset stripping involves the acquisition of a business in order to sell off its assets for a profit. This situation usually arises when the acquirer believes that some acquired assets can be sold off at an enhanced price. By doing so, the acquirer can recover its invested funds and turn a profit. Asset stripping is more likely to occur when the stock price of a business has fallen below the book value of its tangible assets.
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.
MineralTree
JANUARY 18, 2024
Optimizing the accounts payable (AP) process involves more than paying vendors on time — it’s also about maximizing efficiency and accuracy with every outgoing payment while managing cash flow to maintain a healthy business. That’s why many AP teams are turning to automation and digitization to eliminate tedious, manual tasks, reduce human error, and ultimately streamline the AP process.
Accounting Tools
JANUARY 18, 2024
What is a Preventive Control? A preventive control is used to keep a loss or an error from occurring. These controls are typically integrated into a process, so that they are applied on a continual basis. They are especially common when the severity of a loss is considered to be quite high, so that their imposition will lower the probability of any loss ever occurring.
NACM
JANUARY 18, 2024
?Tell us about the most helpful benefits of being an NACM Member in our latest eNews poll by clicking the link below ⬇[link]
Accounting Tools
JANUARY 18, 2024
What is the Poison Pill Defense? The poison pill defense is used by a company that does not want to be acquired, making the acquisition more expensive for an acquirer. When a poison pill provision is present, a hostile acquirer is more likely to be deterred from making an acquisition attempt. This provision can also be used to obtain a higher price from an acquirer that is not considered to be hostile.
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!
Nanonets
JANUARY 18, 2024
Managing a multitude of documents efficiently is a common challenge. Many individuals and professionals often find themselves juggling multiple PDF files, each containing essential information. Combining PDF files arises from the need to streamline document organization and enhance accessibility. This blog aims to guide you through the process of merging PDF files, offering a solution to the scattered puzzle of documents in your digital workspace.
Accounting Tools
JANUARY 18, 2024
What is Fair Market Value? Fair market value is the price that two parties are willing to pay for an asset or liability , if both parties are well-informed about the item in question, neither one is under pressure to buy or sell, and there is no time pressure to complete the deal. If these conditions are present, the final price established between the parties should reasonably reflect the fair market value of the asset or liability on the date of the transaction.
Accounting Tools
JANUARY 18, 2024
What is a Fiscal Year? A fiscal year is the twelve-month period over which an entity reports on the activities that appear in its annual financial statements. This period does not have to correspond to the calendar year. For example, a fiscal year might span the period from May 1 to April 30 of the following year. The span chosen usually corresponds to the natural business cycle of an entity.
Accounting Tools
JANUARY 18, 2024
What is an Oligopoly? An oligopoly is a market in which a small number of suppliers comprise the bulk of the available supply. Since there are so few suppliers, they can control prices to some extent, allowing them to generate unusually high profits. This situation arises when there are strong barriers to entry , such as government regulation or a large capital expenditure requirement.
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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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