Accounting Today

AUGUST 7, 2024

It's critical that business owners comply with their state's rules, or they could face fines and other penalties.

Accounting 316

Accounting Accounting 316

Xero

AUGUST 7, 2024

We’re officially on the countdown for Xerocon Nashville at Music City Center over August 14 and 15. And this year, we’re proud to have filled our exhibitor floor with some of the best and most loved apps for accountants, bookkeepers and small business owners alike. No matter what business needs or challenges you’re looking to solve, you’ll have over 50 exhibitors to meet and talk to, and many apps from the Xero App Store to try out for yourself.

XERO 236

XERO Collections Billing Accounts Payable 236

Accounting Today

AUGUST 7, 2024

The IRS started processing claims received prior Sept. 14, 2023, and has an inventory of 1.4 million ERC claims totaling more than $86 billion.

Tax 312

Tax 312

Cevinio

AUGUST 7, 2024

Explore the best practices for modernizing your AP invoice process.

Invoice Processing 130

Invoice Processing AP Invoicing Vendor Management 130

Speaker: Victor C. Barnes, CPA, MBA

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.

Accounting

Accounting Today

AUGUST 7, 2024

Heirs and their financial advisors should start figuring out how to minimize the tax impact of the end of the so-called stretch strategy, experts said.

Tax 252

Tax 252

Insightful Accountant

AUGUST 7, 2024

Current IRS focus areas include renewable energy tax credits, corporate stock repurchase taxes, and cryptocurrency transactions. But, with the upcoming election, accountants and tax professionals are anticipating more widespread regulatory changes.

Tax 94

Tax Accounting Accounting 94

Accounting Tools

AUGUST 7, 2024

What is Burden Rate? The burden rate is the allocation rate at which indirect costs are applied to the direct costs of either labor or inventory. You should add burden to the direct cost of either labor or inventory in order to present the total absorbed cost of these items. The two situations in which the burden rate is used are noted below. Burden Rate for Labor Payroll taxes and benefits are added to an employee's wages to arrive at the total cost of labor for that individual.

Payroll 76

Payroll Cost Accounting Financial Reporting Billing 76

Accounting Today

AUGUST 7, 2024

Through Tipalti's plaform, Top 100 Firm CohnReznick will helps its clients improve efficiency of global payables processes.

Accounting 189

Accounting Accounting 189

Insightful Accountant

AUGUST 7, 2024

One of the mid-year enhancements to QB Enterprise is the Inventory Turnover Report, which we told you in our 2024 QuickBooks Summary, was planned for late release.

QuickBooks 59

QuickBooks 59

Accounting Today

AUGUST 7, 2024

China Evergrande Group's liquidators have launched court proceedings against PricewaterhouseCoopers LLP, another legal step to recover at least a fraction of creditors' investments from the property giant.

Auditing 182

Auditing Accounting Accounting 182

Speaker: Kim Beynon, CPA, CGMA, PMP

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.

Insightful Accountant

AUGUST 7, 2024

With over 80 countries implementing e-invoicing mandates, Vertex, a provider of tax technology solutions, has announced the acquisition of ecosio, a B2B integration provider specializing in electronic data interchange (EDI) and e-invoicing.

Invoicing 52

Invoicing Tax 52

Accounting Today

AUGUST 7, 2024

While large companies can afford not to currently expense research and development costs, but many small companies can't, say experts.

Billing 157

Billing Tax 157

Future Firm

AUGUST 7, 2024

I’ve built remote teams for over a decade. If you want to hire offshore team members, make sure you avoid these 7 big misconceptions. The post 7 Big Misconceptions Firms Have About Overseas Offshoring appeared first on Future Firm.

Accounting 52

Accounting Accounting 52

Accounting Today

AUGUST 7, 2024

AI is your friend; hope from Moore; the risks; and other highlights from our favorite tax bloggers.

Tax 145

Tax 145

Speaker: Mark Gilham, FCCA, CPP

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.

Accounting

Insightful Accountant

AUGUST 7, 2024

Reminder: using multi-factor authentication is now more than an important protection for their businesses and their clients – it’s now a federal requirement.

Tax 52

Tax 52

Accounting Today

AUGUST 7, 2024

IRIS and AccountsIQ announced a new partnership to provide an integrated suite of cloud-based payroll and HR solutions.

Payroll 145

Payroll Computation 145

Insightful Accountant

AUGUST 7, 2024

We are all guilty of getting caught up on the fray of day to day business and busy work that does not help us grow our business. There is a solution!

52

52

finout

AUGUST 7, 2024

This blog explores a detailed overview of RDS pricing, describing the different pricing models, the influencing factors, and the need for optimizing RDS costs.

52

52

Advertiser: Paycor

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.

Insightful Accountant

AUGUST 7, 2024

AccountsIQ and IRIS Software Group have just announced the formation of a strategic partnership aimed at expanding AccountsIQ across the IRIS accountancy products.

Accounting 52

Accounting Accounting 52

Accounting Today

AUGUST 7, 2024

A letter from 18 Republican representatives told Speaker Mike Johnson not to repeal the

Tax 305

Tax 305

Accounting Tools

AUGUST 7, 2024

What is a Nonmonetary Asset? A nonmonetary asset is an asset whose value can change over time in response to economic conditions. Examples of nonmonetary assets are buildings, equipment, inventory, and patents. The amount that can be obtained for these assets can vary, since there is no fixed rate at which they convert into cash. Presentation of Nonmonetary Assets Nonmonetary assets are not usually considered to be readily convertible into cash, or to be short-term assets.

Account Receivables 40

Account Receivables Accounts Receivable Accounts Receivable Accounting 40

Accounting Tools

AUGUST 7, 2024

What are Managerial Accounting Formulas? The managerial accountant reports on the operational results of a business. In this role, one must use a number of accounting formulas to discern performance levels. In the following paragraphs, we note several of the most useful managerial accounting formulas. Gross Margin Ratio The gross margin ratio is sales minus the cost of goods sold, divided by sales.

Accounting 40

Accounting Accounting Financial Statements Cost Accounting 40

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