Accounting Today

MARCH 20, 2024

Senior leaders from Accounting Today's Top 100 Firms and Regional Leaders share their biggest concerns for the year ahead.

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Accounting Accounting 352

Accounting Department

MARCH 20, 2024

QuickBooks Online makes a chart of accounts accessible, but it's up to you to tailor it to your business's unique structure and financial tracking needs.

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Accounting Today

MARCH 20, 2024

The Public Company Accounting Oversight Board imposed a total of $150,000 in fines against three partners at KPMG's firm in mainland China for violating PCAOB standards and imposed sanctions on them.

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Accounting Accounting Auditing 294

Insightful Accountant

MARCH 20, 2024

The introduction of Microsoft 365 Copilot, the powerful new AI assistant integrated across Microsoft's productivity apps, promises to transform the way professional firms operate, including accounting and tax practices.

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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

MARCH 20, 2024

A pair of lawmakers proposed a bill to end the abuse of grantor-retained annuity trusts to avoid taxes.

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Billing Tax 294

Insightful Accountant

MARCH 20, 2024

Tax pros: With the IRS hiring thousands of revenue agents, the agency encourages members of the tax professional community to consider applying for one of the many career opportunities

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Tax 95

RevCycle

MARCH 20, 2024

The idyllic landscapes and tight-knit communities of the Great Lakes region mask a growing concern – the financial struggles of rural healthcare. These facilities, often the sole source of medical care for miles around, face unique challenges in maintaining financial margins and collecting patient revenue. This article explores the financial struggles of rural healthcare in the Great Lakes region and proposes solutions, including implementing flexible payment policies, up-front collections, and

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Accounting Today

MARCH 20, 2024

How can your company achieve financial well-being? The key is to invest in tech solutions.

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Insightful Accountant

MARCH 20, 2024

During this year's Sage Transform event, one of the big announcement was the incorporation of Fixed Asset Management into Intacct.

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Accounting Today

MARCH 20, 2024

Mike Lynch's Autonomy Corp.

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Accounting Accounting 164

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.

Future Firm

MARCH 20, 2024

Having a sales process that gets the job done can be tough. In this episode, I explained what mine looks like and why I made it that way. The post What My Firm’s Sales Process Looked Like appeared first on Future Firm.

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Accounting Accounting 52

Jetpack Workflow

MARCH 20, 2024

As you onboard more tax clients to grow your firm, generating higher top-line revenue can be exciting. However, realizing what this means for your team’s workload during the accounting year’s busiest season may be equally daunting. With each additional tax return, the incremental administrative tasks required can bog down your team’s productivity. When performed manually, these individual steps for preparing client tax returns can be prone to human error, tedious, and time-consuming, creating ev

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Counto

MARCH 20, 2024

Cash vs Accrual Accounting: Which is Better? The choice between cash and accrual accounting can significantly impact how businesses manage their finances. Let’s delve into the differences, benefits, and downsides of each method. Cash Basis Accounting Cash basis accounting revolves around timing – recording revenue and expenses based on when money exchanges hands.

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Nanonets

MARCH 20, 2024

Bank loans, investor funding, IPOs; if there’s one thing business leaders are familiar with, it’s the challenge of securing access to funds when their organization needs them most. The constant push and pull of spending enough money to make money, seeking out new capital sources, and taking advantage of smart debt financing are topics that sit at the forefront of most business conversations.

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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!

Accounting

SMB Accounting and Consulting

MARCH 20, 2024

In today's digital age, the convenience of instant money transfers has become a staple in our daily lives, thanks to platforms like Venmo, Cash App, and Zelle. While these apps excel in peer-to-peer transactions, they may fall short when it comes to meeting the needs of small businesses seeking reliable payment solutions. Despite their widespread popularity, these platforms pose limitations and risks that can significantly impact business operations and financial security.

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Accounting Tools

MARCH 20, 2024

What is Cash Flow to Stockholders? Cash flow to stockholders is the amount of cash that a company pays out to its shareholders. This amount is the cash dividends paid during a reporting period. Investors routinely compare the cash flow to stockholders to the total amount of cash flow generated by a business, to measure the potential for greater dividends in the future.

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Financial Statements Tax 40

Accounting Tools

MARCH 20, 2024

What is an Estimated Liability? An estimated liability is an obligation for which there is no definitive amount. Instead, the accountant must make an estimate based on the available data. This results in an accrued expense that appears within the current liabilities section of the balance sheet. Example of an Estimated Liability There are many types of estimated liabilities that you might experience.

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Accounting Accounting 40

Accounting Tools

MARCH 20, 2024

What are Accounting Policies? Accounting policies are the rules used by an entity to ensure that transactions are recorded properly and financial statements produced correctly. These policies ensure that accounting activities are handled consistently over time. They are also needed to ensure that an organization follows the applicable accounting framework , such as GAAP or IFRS.

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Financial Statements Accounting Accounting Bookkeeping 40

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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.

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