This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The amount of global coverage for the metaverse has ramped up in recent times, creating the impression that it will soon become a common way to sell, play and work online. But for many people, there is confusion around what the metaverse actually is and how it could be used in a practical way. The metaverse is a form of internet that operates as a blended and immersive virtual world, powered by a mix of virtual reality (VR) and augmented reality (AR).
Considering the need for a financial controller for your business? To help you solidify the decision, learn more about the duties of a financial controller and the benefits of partnering with an outsourced client accounting services (CAS) provider to make it even easier!
When a tax return preparation may reveal or utilize a taxpayer’s tax return data without first getting the taxpayer’s authorization, IRC section 7216 and its accompanying regulations apply. Because violating section 7216 and its regulations is a federal criminal, CPAs should become familiar with these laws. When offshoring services, CPA tax preparation firms are often concerned with sharing client data overseas.
In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.
A national survey by Trullion highlights major accounting pain points, including handling the talent gap, making time for strategy and life after a recession.
Related Courses Bookkeeper Education Bundle Bookkeeping Guidebook What is an Accounting Transaction? An accounting transaction is a business event having a monetary impact on the financial statements of a business. It is recorded in the accounting records of the business. Examples of Accounting Transactions Examples of accounting transactions are as follows: Sale in cash to a customer Sale on credit to a customer Receive cash in payment of an invoice owed by a customer Purchase fixed assets from
The 'Intuit QuickBooks Accountant Technology Survey' takes a deep dive into how accountants are embracing the power of technology and artificial intelligence.
The 'Intuit QuickBooks Accountant Technology Survey' takes a deep dive into how accountants are embracing the power of technology and artificial intelligence.
How has the B2B payments landscape changed? Learn about your global B2B payment options, how they work, best practices and future B2B trends in our guide.
Optimizing AWS Athena costs through understanding S3 storage costs, using AWS Cost and Usage Reports (CUR), leveraging AWS CloudWatch, and adopting a FinOps strategy is crucial for managing big data analytics in the cloud.
Many thanks to our sponsor, LiveFlow! To learn more about LiveFlow, visit [link] We’re talking to Chase Birky, CEO and co-founder of Dark Horse CPAs, a non-traditional CPA firm. Learn the advantages and challenges of being a CPA firm, the importance of creating a positive work environment for staff, and the need for the accounting profession to attract and retain more young talent.
Employers and some nonprofits that hire veterans can get tax credits through the Work Opportunity Tax Credit (WOTC). It cuts your tax bill by up to 40% of the wages paid, which can save you a lot of money. If you hire a vet and are an eligible employer, you may be able to use. The post How To Claim the Tax Credit for Hiring Veterans in 2023 appeared first on Fit Small Business.
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
What is Accounts Payable? Accounts payable (AP) refers to the amount of money a company owes to its vendors, suppliers, and creditors for goods and services received but not yet paid for. It is a liability on the company's balance sheet, representing the company's obligation to make payments to its creditors. The accounts payable process typically begins when a company receives an invoice from a vendor or supplier for goods or services that have been delivered.
Real estate license reciprocity allows licensed agents and brokers to obtain a license in a new state without completing all licensing requirements. Real estate portability enables out-of-state agents and brokers to undertake transactions within particular states. We researched each state’s real estate laws to provide a guide of the reciprocity and portability regulations for all.
As a franchise owner, you have bought into a proven business model that provides assets such as branding and marketing to help you start and maintain a successful business. With your purchase, however, you’ve also taken on specific commitments and have to abide by particular rules. That means it’s critical to tailor your bookkeeping system so that it not only supports your business but also allows you to easily and accurately track your franchise commitments and demonstrate compliance when requi
A sales contract is a formal document detailing the pricing, scope of work, deliverables, timelines, and service terms for a customer to agree to and sign. Preparing one requires establishing an offering for the customer, setting the price, and indicating the terms associated with the work. In this article, you’ll learn how to make a. The post How to Make a Sales Contract in 7 Steps (+ Free Template) appeared first on Fit Small Business.
Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.
Kubernetes is increasingly becoming the standard way to deploy, run, and maintain cloud-native applications that run inside containers. Kubernetes (K8s) automates most container management tasks, empowering engineers to manage high-performing, modern applications at scale.
The QuickBooks ProAdvisor Preferred Pricing Program is an exclusive program offered to QuickBooks ProAdvisors that provides them with discounts on QuickBooks products and services. ProAdvisors have three options to choose from, can access these discounts through their ProAdvisor account on the Intuit website, and can save 30% to 50% off regular prices.
Related Courses Accounting for Intangible Assets Goodwill Impairment Essentials What is Goodwill Impairment? Goodwill impairment occurs when the carrying amount of a goodwill asset is greater than its fair value. The amount of the impairment is the difference between the two figures. Goodwill is recorded as part of a corporate acquisition , representing the excess of the price paid over the value of the underlying assets and liabilities of the acquiree.
Related Courses Human Resources Guidebook Payroll Management What is Broadbanding? Broadbanding is the combination of a number of related job classifications into a single pay band, for which a broad range of compensation levels is allowed. This approach gives management a wider pay range within which to pay employees. One reason why an employer might resort to paying whatever rate seems necessary is that management feels constrained by the use of a job ranking system that only allows a small ra
Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.
Related Courses Corporate Finance Treasurer's Guidebook What is a Stock Dividend? A stock dividend is the issuance by a corporation of its common stock to shareholders without any consideration. A company usually issues a stock dividend when it does not have the cash available to issue a normal cash dividend , but still wants to give the appearance of having issued a payment to investors.
Related Courses Business Insurance Fundamentals What is a Consequential Loss? A consequential loss is a loss sustained by a business when it is unable to use its assets in the intended manner. A consequential loss typically arises as the result of damage caused by a natural disaster, such as flooding, a tornado, or an earthquake. If a business has insurance coverage that pays it for consequential losses, it can recover some portion of the amount of these losses, but usually not the full amount.
Related Courses Fraud Schemes Fraud Examination What is a Raised Check? A raised check is a check that has had its payment amount fraudulently increased. For example, someone could manually alter a check payable for $100 by adding a zero, thereby making the payable amount $1,000. To guard against this, checks require that the maker also state the payable amount in writing.
Related Courses The Balance Sheet The Interpretation of Financial Statements What are Operating Current Assets? Operating current assets are those short-term assets used to support the operations of a business. In most organizations, the key operating current assets are cash , accounts receivable , and inventory. Short-term assets that relate more to financing issues, such as marketable securities and assets held for sale, are not considered part of operating current assets.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
Related Courses Accounting for Inventory Activity-Based Costing Cost Accounting Fundamentals What is Factory Overhead? Factory overhead is the costs incurred during the manufacturing process, not including the costs of direct labor and direct materials. Factory overhead is normally aggregated into cost pools and allocated to units produced during the period.
Related Courses Business Ratios Guidebook Credit and Collection Guidebook Effective Collections What is the Average Collection Period? The average collection period is the average number of days required to collect invoiced amounts from customers. The measure is used to determine the effectiveness of a company's credit granting policies and collection efforts.
Related Courses Accountants' Guidebook GAAP Guidebook What is Accumulated Other Comprehensive Income? Accumulated other comprehensive income is a general ledger account that is classified within the equity section of the balance sheet. It is used to accumulate unrealized gains and unrealized losses on those line items in the income statement that are classified within the other comprehensive income category.
Related Courses The Income Statement The Interpretation of Financial Statements What is a Comparative Income Statement? A comparative income statement presents the results of multiple accounting periods in separate columns. The intent of this format is to allow the reader to compare the results of multiple historical periods, thereby giving a view of how a business is performing over time.
Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.
Related Courses Fair Value Accounting What is a Principal Market? A principal market is that market having the greatest volume and activity level for the sale of certain assets or liabilities. The market from which a fair value is derived should be the principal market for an asset or liability, since the greater transaction volume associated with such a market should presumably result in the best prices for the seller.
Related Courses Closing the Books The Balance Sheet The main difference between the trial balance and a balance sheet is that the trial balance lists the ending balance for every account , while the balance sheet may aggregate many ending account balances into each line item. What is a Balance Sheet? The balance sheet is part of the core group of financial statements.
Related Courses Accounting Best Practices Optimal Accounting for Payables Payables Management What is Automatic Bill Payment? An automatic bill payment is a scheduled payment from a bank account to settle a recurring payable. These types of payments are routinely made for payments that recur over long periods of time, such as mortgage payments and car loans.
We organize all of the trending information in your field so you don't have to. Join 52,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
261 
Let's personalize your content