Accounting Today
FEBRUARY 12, 2024
The tax extenders legislation is still tied up in the Senate after being passed in the House as senators are still seeking changes in some of the provisions, such as the expanded Child Tax Credit.
Insightful Accountant
FEBRUARY 12, 2024
The Formal Application Deadline for the 2024 Domestic ProAdvisor Awards process in just one week away. Take time to complete your formal application (if incomplete) or to nominate yourself and complete your application.
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Accounting Today
FEBRUARY 12, 2024
Hundreds of Internal Revenue Service employees and contractors continued to have access to at least one sensitive IRS computer system even after they stopped working there.
Accounting Tools
FEBRUARY 12, 2024
What are Operating Expenses? Operating expenses are those expenditures that a business incurs to engage in activities not directly associated with the production of goods or services. These expenditures are the same as selling, general and administrative expenses. Examples of operating expenses include the following: Examples of Compensation-Related Operating Expenses Compensation and related payroll tax expenses for non-production employees Sales commissions (though this could be interpreted as
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
FEBRUARY 12, 2024
Current loans at EYGS LLP — the entity that provides services to the network's member firms — more than tripled from a year earlier to $983 million as of June 30, 2023.
Accounting Tools
FEBRUARY 12, 2024
What are Assets? An asset is an expenditure that has utility through multiple future accounting periods. If an expenditure does not have such utility, it is instead considered an expense. The two main types of assets are current assets and non-current assets. These classifications are used to aggregate assets into different blocks on the balance sheet , so that one can discern the relative liquidity of the assets of an organization.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Economize
FEBRUARY 12, 2024
EC2 (Elastic Compute Cloud) is a web service from AWS that provides scalable computing capacity in the cloud. With EC2 instances, AWS aims to eliminate the complexities of purchasing and maintaining your own hardware for your computing requirements. AWS provides Amazon Machine Images (AMIs) which act as a template for your EC2 instances.
Accounting Today
FEBRUARY 12, 2024
Ascend, backed by Alpine Investors, added HD Davis and PP&Co; while its affiliate ATKG Advisors made deals with Michalak CPAs & Advisors and Kowalsky, Rose & Co. Springline Advisory, backed by Trinity Hunt Partners, invested in BGBC Partners.
CSI Accounting & Payroll
FEBRUARY 12, 2024
Only a few industries – like construction and engineering – hunt for job costing services. However, is that level of detail actually useful in the long run, and are they able to find job costing through accounting services? At CSI Accounting & Payroll, we’ve worked with small businesses for over 50 years. We’ve spoken to a lot of construction and engineering company owners who want to know: Do accounting services offer job costing?
Accounting Today
FEBRUARY 12, 2024
Tax software provider Vertex found a strong majority of companies have made material mistakes on indirect tax compliance, as few identify as risk averse.
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
FEBRUARY 12, 2024
Welcome to our latest episode! Join Gary and Ben as they dive into the world of accounting and technology. In this engaging discussion, they cover everything from the most recent product updates to the importance of people in the industry.
Accounting Today
FEBRUARY 12, 2024
Corporations will be the beneficiaries of a reduction in the top marginal rate in all six states.
Invoicera
FEBRUARY 12, 2024
With rapid economic shifts, this year may be ideal for reevaluating your pricing strategy. Determining when and how to increase your rates can be daunting as a business owner. You likely already have an established pricing structure but may be unsure how high to raise prices to boost revenue without losing customers. This dilemma leaves many entrepreneurs stuck in analysis paralysis.
Accounting Today
FEBRUARY 12, 2024
Being active in the community and CPA societies pays high dividends with new business referrals, in addition to friendships and collaboration opportunities that arise.
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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!
Analytix Finance & Accounting
FEBRUARY 12, 2024
Financial strategy and long-term planning, with the assistance of a chief financial officer (CFO) advisory services, can help businesses shape their financial health and success. Both, financial strategy and long-term planning, provide the necessary guidance to optimize financial performance, ensure long-term sustainability, and foster growth in a dynamic and competitive environment.
Counto
FEBRUARY 12, 2024
What is Know Your Customer (KYC) for Company Incorporation? Singapore’s thriving business landscape has made it a magnet for entrepreneurs and investors worldwide. However, with the ease of setting up businesses comes the risk of illicit activities like money laundering and fraudulent transactions. To counter these risks, Singapore has implemented stringent Know Your Customer (KYC) regulations for company incorporation.
Nanonets
FEBRUARY 12, 2024
In the age of relentless technological advancement, artificial intelligence has emerged as the unsung hero, revolutionizing industries one algorithm at a time. Among the sectors witnessing a seismic shift, the lending and loan management world stands at the forefront of this AI-powered evolution. As traditional financial models strain under the weight of data and the demand for rapid, personalized decisions, artificial intelligence emerges as the beacon of innovation, reshaping the landscape wit
Counto
FEBRUARY 12, 2024
9 Common Mistakes to Avoid During Company Incorporation in Singapore In the bustling business landscape of Singapore, company incorporation is a strategic move for entrepreneurs seeking to establish a foothold in the region’s vibrant economy. However, navigating the incorporation process requires careful planning and attention to detail to avoid potential pitfalls that could hinder business success.
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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.
Nanonets
FEBRUARY 12, 2024
Optical character recognition (OCR) software help convert non-editable document formats such as PDFs, images, or paper documents into machine-readable formats that are editable & searchable. OCR applications are commonly used to capture text from PDFs & images and convert the text into editable formats such as Word, Excel, or a plain text file.
Counto
FEBRUARY 12, 2024
Why You Need a Registered Business Address in Singapore When you register your company in Singapore, one aspect holds significant weight: your company’s registered office address. Let’s delve into why having one is indispensable for your new company’s compliance. 1. Compliance with ACRA The Accounting and Corporate Regulatory Authority (ACRA) sets forth stringent criteria regarding registered office addresses.
Tipalti
FEBRUARY 12, 2024
Explore the intricacies of credit card reconciliation as it becomes a more popular form of managing internal business spend. Learn about the challenges and best practices.
Counto
FEBRUARY 12, 2024
Setting Up a Register of Registrable Controllers (RORC) In Singapore, corporate entities, including local and foreign companies, and limited liability partnerships (LLPs), are mandated to maintain a Register of Registrable Controllers (RORC). This register serves as a repository for updating and managing details of beneficial owners, aiming to enhance transparency and combat illicit activities such as money laundering and terrorist financing.
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.
Ace Cloud Hosting
FEBRUARY 12, 2024
QuickBooks is excellent accounting software designed for small-to-medium-sized businesses.
Counto
FEBRUARY 12, 2024
How to Strike Off a Singapore Company Striking off a company in Singapore involves a structured process governed by the Accounting and Corporate Regulatory Authority (ACRA). Under section 344 of the Singapore Companies Act, a company may apply to strike off its name from the register, subject to certain conditions and reasonable causes. Singapore Company Liquidation Requirements Before initiating the striking off procedure, companies must ensure they meet specific criteria set by ACRA: Ceased or
Tipalti
FEBRUARY 12, 2024
Uncover the importance of supplier scorecards in optimizing your business relationships. Elevate your supplier management strategy for enhanced efficiency and success.
Counto
FEBRUARY 12, 2024
10 Questions To Ask When Outsourcing Payroll Services Employee payroll is one of the top functions that companies look to outsource because it goes a long way in establishing a successful business. There are many service providers out there, but ask yourself the following questions when outsourcing your payroll. Q1. What do Payroll Services Work? A: Outsourcing payroll services involve entrusting the management of payroll tasks to a third-party firm.
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 Tools
FEBRUARY 12, 2024
What is a Profit Squeeze? A profit squeeze is a decline in earnings over a period of time. A profit squeeze can damage a firm severely, so management needs to anticipate its underlying causes and shift the business into a different market segment or geographic area, or adopt some other innovation that allows the firm to continue earning its accustomed profit.
Tipalti
FEBRUARY 12, 2024
Efficiency meets accuracy: unlock insights into the top invoice scanning software solutions that streamline your invoicing process. Simplify and succeed.
Accounting Tools
FEBRUARY 12, 2024
What is Wear and Tear? Wear and tear is the normal degradation of an asset from ongoing usage, even when it is being properly maintained. Wear and tear gradually reduces the value of an asset. Wear and tear is not caused by unusual levels of neglect or abuse; when these conditions are present, an asset can be expected to decline in value at a much faster rate than normal.
Accounting Tools
FEBRUARY 12, 2024
What is a Credit Sweep? A credit sweep is an arrangement between a business and its bank, where the bank automatically uses all excess funds in a deposit account to reduce the firm's outstanding line of credit. The amount of cash swept out of the deposit account is based on a threshold level that the business wants to maintain in the account; all funds above this baseline amount are used to pay down the debt.
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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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