Thu.Nov 09, 2023

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Closing the gap for women in tech: why mentorship matters

Intuit

Women and other underrepresented groups in tech have a lot of ground to make up. As of 2023 , only 29% of technologists and 25.5% of senior-level personnel identified as women or non-binary. A peek inside AnitaB.org ’s TechEES report shows only 63.5% of all women and non-binary technologists report a sense of belonging at work, with Black respondents reporting a particularly low sense of belonging.

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IRS adjusts tax items for inflation in 2024

Accounting Today

The service announced its annual inflation adjustments, including increases in the standard deduction and changes in tax brackets.

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Tipalti PO Management Made Easy

Accounting Department

By implementing Tipalti's innovative software, businesses can revolutionize their purchase order (PO) process, effortlessly streamlining and automating their operations. Gone are the days of tedious manual purchasing workflows, as Tipalti empowers companies to achieve unparalleled efficiency and accuracy. With its user-friendly interface and cutting-edge technology, Tipalti ensures that every step of the purchasing process is seamless and error-free.

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Intuit rolls out bevy of new features for next tax season

Accounting Today

Accounting software giant Intuit announced a cavalcade of new features set for use in the upcoming tax season.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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.

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What you can expect at Xero Asia Roadshow 2023

Xero

With a week to go ’til Xero Asia Roadshow, we are buzzing with everything we have lined up for our accounting and bookkeeping community. Exploring the agenda This year we’re exploring how we can work Smarter, Faster, Stronger, Together to support small businesses across Asia; your clients, who themselves strive to do this every day, and depend on their accountants and bookkeepers to help get them there.

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Securing the books: Cybersecurity tips for accountants

Accounting Today

Whether it is maintaining secure databases for client information or keeping employees safe from phishing attacks, cybersecurity should be a top priority.

More Trending

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Tax Fraud Blotter: Urgent matters

Accounting Today

Wire happy; defense rests; re-model behavior; and other highlights of recent tax cases.

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Results Software Reacquired By Original Ownership

Insightful Accountant

Now that Results Software has been reacquired by its original ownership it's poised to deliver innovative and revamped products to existing and future clients.

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CLA hosts high school students to expose them to accounting

Accounting Today

CliftonLarsonAllen welcomed a group of Future Business Leaders of America to its New York offices to tell them about accounting, consulting and other careers.

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Observing Veterans Day

Insightful Accountant

On this special day, we here are Insightful Accountant want to say to All Our Veterans, “Thank YOU for YOUR Service!

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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

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.

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Apple risks $14B tax bill in setback at top EU court

Accounting Today

The iPhone maker risks having to pay billions to Ireland after an advisor to the European Union's top court said its victory in an earlier challenge should be thrown out.

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File-Based Integration vs. API: The Difference for AP Teams

MineralTree

The modern digital landscape requires businesses to efficiently and securely exchange data between software systems. This is especially important for accounts payable (AP) teams, where timely and accurate data flow is essential. The two primary methods for achieving data exchange are file-based integrations and application programming interface (API) integrations.

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Plante Moran elects new managing partner

Accounting Today

The Top 20 Firm based in Southfield, Michigan, has elected Jason Drake as the eighth managing partner in its 100-year history.

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Long-term assets definition

Accounting Tools

What are Long-Term Assets? Long-term assets are assets that are not expected to be consumed or converted into cash within one year. These assets are typically recorded at their purchase costs, which are subsequently adjusted downward by depreciation , amortization , and impairment charges. Thus, unless these assets are replaced, the amount reported by a business tends to decline over time.

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Your New & Improved Month-End Close Process Is Not So Far Out of Reach!

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!

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M&A roundup: Sikich and HBK expand

Accounting Today

Sikich acquires Thornhill Financial; and HBK CPAs & Consultants merges in Zapken & Loeb.

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What is order entry automation, and how to implement it?

Nanonets

What comes to mind when you hear "order entry automation"? A bunch of robots whirring away in a warehouse, entering data into databases? While that's pretty close to what order entry automation is, there are a few nuances to consider. Imagine you run a small kitchenware business, and most of your sales orders come from retail stores nationwide.

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Understanding Payment Terms: Safeguard Your Business

Invoicera

No business wants to wait longer than average to get paid for their invoices. We understand late payments are most annoying for any business. Not only this, it can also affect your cash flow, eventually disturbing your financial planning for the future. SMEs are estimated to spend 4 hours per week on the task of chasing late payments. So, what’s the reason behind getting paid late?

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What are EC2-Other costs in Cost Explorer? Pricing Breakdown

Economize

For anyone using AWS, getting to grips with your monthly bill can feel like a puzzle, especially when you hit the ‘EC2-Other’ costs section. It’s a confusing category, where costs are decided by lumping together a bunch of different services that support your main EC2 instances. What exactly falls under this category?

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The Definitive Guide to Spend Management

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.

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The Unbeatable Value of the Human Touch in a Digital Healthcare World

SSI Healthcare Rev Cycle Solutions

The Unbeatable Value of the Human Touch in a Digital Healthcare World Home / November 8, 2023 Author: Christy Wright, Chief Marketing Officer at SSI In today’s rapidly digitizing healthcare landscape, technology is ubiquitous. From telehealth to advanced robotic surgeries, from AI-driven diagnostics to automated administrative tools, we’re in the midst of a technological renaissance.

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Scaling Client Accounting Services (CAS) w/ Deneen Dias

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, host David Cristello interviews Deneen Dias, Vice President of Growth and Strategic Partnerships at Botkeeper. Daneen shares her expertise in helping top firms undergo digital transformation and discusses the world of CAS (Client Accounting Services). She also delves into the definition of CAS , where to start, and how to successfully implement and scale up CAS.

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The Unbeatable Value of the Human Touch in a Digital Healthcare World

SSI Healthcare Rev Cycle Solutions

The Unbeatable Value of the Human Touch in a Digital Healthcare World Home / November 8, 2023 Author: Christy Wright, Chief Marketing Officer at SSI In today’s rapidly digitizing healthcare landscape, technology is ubiquitous. From telehealth to advanced robotic surgeries, from AI-driven diagnostics to automated administrative tools, we’re in the midst of a technological renaissance.

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Understanding Payment Terms: Safeguard Your Business

Invoicera

No business wants to wait longer than average to get paid for their invoices. We understand late payments are most annoying for any business. Not only this, it can also affect your cash flow, eventually disturbing your financial planning for the future. SMEs are estimated to spend 4 hours per week on the task of chasing late payments. So, what’s the reason behind getting paid late?

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Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

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.

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Option definition

Accounting Tools

What is an Option? An option is a financial instrument that gives its holder the right, but not the obligation, to buy or sell something at a predefined price within a designated date range. If the holder chooses not to exercise the instrument by the end of the designated date range, it expires. The two types of options are call options and put options , which are described below.

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2023 Tipalti Report: Understanding Creative Challenges to Unlock a Superior Brand-Creator Relationship

Tipalti

Tipalti's 2023 Brand-Creator report shows that the creator economy is booming and increasingly prioritizing fair compensation, values alignment, and creative freedom.

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Other comprehensive basis of accounting

Accounting Tools

Related Courses GAAP Guidebook International Accounting What is the Other Comprehensive Basis of Accounting? An other comprehensive basis of accounting (OCBOA) is a non- GAAP accounting framework that is used to generate financial statements. Examples of OCBOA are the cash basis of accounting , the modified cash basis of accounting , and the income tax basis of accounting.

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Lend definition

Accounting Tools

Related Courses Corporate Finance Treasurer's Guidebook What is Lend? To lend is the act of giving an asset to a third party, under the expectation that the asset will be returned at a later date. In business, the concept most commonly applies to the transfer of funds to a borrower , under an agreement that the borrower will pay interest for the use of the funds.

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Putting the ‘Tech’ in Spend Management Techniques

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!

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Ledger cash definition

Accounting Tools

Related Courses Bookkeeping Guidebook Corporate Cash Management How to Audit Cash Optimal Accounting for Cash What is Ledger Cash? Ledger cash is the net amount of cash when all of an organization's cash accounts have been combined. This is the amount that appears in the cash line item in a firm's balance sheet. Depending on the size of a business, the ledger cash balance may be compiled from a large number of cash accounts, possibly denominated in several currencies.

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Constant dollar accounting

Accounting Tools

Related Courses GAAP Guidebook International Accounting What is Constant Dollar Accounting? Constant dollar accounting is a method for restating financial statements for the effects of inflation. Doing so achieves greater comparability between the financial statements associated with different accounting periods. The adjustment is usually made using the consumer price index.

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Letter of credit definition

Accounting Tools

Related Courses Corporate Cash Management Corporate Finance Treasurer's Guidebook What is a Letter of Credit? A letter of credit is a financing agreement most commonly used for trade arrangements where goods are crossing international borders. The letter is intended to facilitate the transfer of funds between the buyer and the seller. Under this agreement, the bank of the importer (the "issuing bank") authorizes a letter of credit document under which the bank of the exporter will be paid a cert

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Lease definition

Accounting Tools

Related Courses Accounting for Leases What is a Lease? A lease is an arrangement under which a lessor agrees to allow a lessee to control the use of identified property, plant, and equipment for a stated period of time in exchange for one or more payments. A lease arrangement is quite a useful opportunity, for several reasons. First, the lessee reduces its exposure to asset ownership.

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Book of Secrets for the Month-End Close

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.