Accounting Today
NOVEMBER 16, 2023
Plus, Google wants you to ditch passwords, and eight other things that happened in technology this past month and how they'll impact your clients and your firm.
Accounting Department
NOVEMBER 16, 2023
The government contracting sector is highly regulated and requires strict compliance with Defense Contract Audit Agency (DCAA) regulations. With ever-evolving regulations and a complex accounting system to manage, the government contract (GovCon) industry has a steep learning curve for small and medium-sized contractors.
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Accounting Today
NOVEMBER 16, 2023
Thanks to the lower threshold, the service expects to receive about 44 million 1099-Ks in 2024, up from about 14 million.
Insightful Accountant
NOVEMBER 16, 2023
Navigating DCAA compliance can be daunting for contractors. Misinformation and myths add to the confusion. In this article, we debunk common myths about DCAA compliant timekeeping.
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
How do you know if your accounting team is ready to automate the month-end close? Join us in this informative webinar, where we share the top 8 signs that indicate that a team has outgrown all existing tools and may be ready to embark upon month-end close automation. We will examine the process clues that help determine whether your team would be a good candidate for automation.
Accounting Today
NOVEMBER 16, 2023
Truncale most recently was the regional managing partner for EY's financial services organization in the Americas, which includes 14,000 professionals.
Insightful Accountant
NOVEMBER 16, 2023
New Sage Intacct release extends capabilities to consolidate financials for complex ownership structures, improve project management, integrate ministry financials, improve 1099 e-filing and respond to governance expectations
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Insightful Accountant
NOVEMBER 16, 2023
Intuit is "All In With ProAdvisors", so 'New' ProAdvisor training and certifications have just been released. Intuit will offer a QuickBooks Training and Certification Bootcamp in early December.
Accounting Today
NOVEMBER 16, 2023
The board voted to approve a new budget for fiscal 2024 and revealed it surpassed last year's record amount of fines.
MineralTree
NOVEMBER 16, 2023
Conducting a cash flow analysis is an integral part of running a business — dedicating time to this process can mean the difference between barely surviving and thriving. However a cash flow analysis is only as valuable as your ability to understand and interpret the results. By assessing your cash inflows and outflows, you can gain valuable insights into your organization’s financial health, helping you make informed decisions to sustain and scale your operations.
Accounting Today
NOVEMBER 16, 2023
Shell of a way to work; RICO rip-off; fun with refunds; and other highlights of recent tax cases.
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.
Invoicera
NOVEMBER 16, 2023
By 2025, the subscription economy will reach a market size of $1.5 trillion. Source: UBS Wealth Management If you own a subscription business, you might be looking for a tool to make your financial management easier. Before choosing any tool, a lot of questions can come to your mind like: How to pick the best subscription management tool when so many are out there?
Accounting Today
NOVEMBER 16, 2023
Jason Drake will be taking the helm next July and hopes to grow it into a $2 billion firm.
Invoicera
NOVEMBER 16, 2023
Confused between quotes, estimates, bids, and proposals? Well! Not only you, but many get. All the terms sound similar, and that’s why we often make the mistake of using the wrong term in the wrong place. Bids, proposals, quotes, and estimates have different meanings and their usage differs for every industry & business. If you are a business, using the wrong terminology can negatively impact the reputation, and might create trust issues with clients.
Accounting Today
NOVEMBER 16, 2023
Financial advisors and tax professionals working with entrepreneurs and potential startup investors should consider an often-overlooked exemption, experts say.
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Did you know automating your month-end close can save up to 40% of the time typically spent on manual reconciliations? CFOs and controllers are leveraging SkyStem's workflow management and reconciliation tool to eliminate costly mistakes, ditch manual reconciliations and close faster. Want to know how they do it? Download our Quick Start Guide to a Crystal Clear Close!
Ace Cloud Hosting
NOVEMBER 16, 2023
CPAs and accountants play an integral role in the functioning of every small and large business. With multiple tasks, work for these accountants can get hectic at times. Watching movies.
Accounting Today
NOVEMBER 16, 2023
A recent survey has found internal auditors are optimistic about the economy and about the availability of talent going into 2024 despite ongoing risks in both areas.
Bookkeeping Express
NOVEMBER 16, 2023
Effective bookkeeping is a crucial aspect of running a successful franchise operation. Accurate and organized financial records are essential for compliance with franchisor standards, informed financial decision-making, meeting tax obligations, and maintaining healthy relations with investors and lenders. As a franchisee, you face a crucial decision: should you outsource your bookkeeping services or manage them in-house?
Accounting Today
NOVEMBER 16, 2023
Nepsis, a Minneapolis-based financial advisory and investment management firm, has acquired Sevenich, Butler, Gerlach, & Brazil, a tax, accounting and consulting firm in Saint Paul, Minnesota.
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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.
Ace Cloud Hosting
NOVEMBER 16, 2023
This is guest post by Sam Klaas. As the calendar flips closer to tax season, accountants worldwide can hear a distant clock ticking, almost like the ominous score to a.
Accounting Today
NOVEMBER 16, 2023
By focusing on areas where they can drive efficiency, firms can reduce stress in the years ahead.
CSI Accounting & Payroll
NOVEMBER 16, 2023
Cash flow makes or breaks a small business, but managing your payables and receivables in-house can take a lot of time and effort as you grow. That’s why so many small businesses want to outsource their working capital management - but what are the pros and cons? At CSI Accounting & Payroll, we’ve worked with small business finances for over 50 years.
Accounting Today
NOVEMBER 16, 2023
Pentagon officials nonetheless claimed significant progress in tracking its assets and correcting hundreds of deficiencies in its accounts.
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.
Nanonets
NOVEMBER 16, 2023
As businesses get more complex and grow in scale, the vendor payments process becomes more intricate, time-consuming, and important. Not only are supplier payments crucial to getting the raw materials needed to run a company, but they also encompass utility bills, office space rent costs, and so much more. If an organization submits a supplier payment late or incorrectly, it could have major downstream implications on the business’s ability to function.
Accounting Today
NOVEMBER 16, 2023
While the vast majority of firms said they have branched into that area, the results suggest they may be missing part of the business opportunity.
Nanonets
NOVEMBER 16, 2023
All businesses must expertly manage the payments they owe to other people or entities. This function, referred to as accounts payable , is critical to business operations, financial management, and long-term relationship building in every industry. Accounts payable teams must find the balance between speed and accuracy to get the right payments to the right partners on time.
Remote Quality Bookkeeping
NOVEMBER 16, 2023
Many people start businesses with stars in their eyes. They only imagine the ideal scenario in which customers love their product or services, employees are loyal and trustworthy, payroll and benefits flow smoothly, and their bank account grows continuously year after year. This isn’t a description of reality, of course, because real life is messy and business is even messier.
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!
Nanonets
NOVEMBER 16, 2023
As businesses expand, the volume of transactions, the complexity of financial operations, and the need for strategic cash flow management intensify. This is where Accounts Payable (AP) Automation emerges as a critical tool, not merely for managing payments but as a strategically in scaling your business. AP Automation involves leveraging technology to streamline, optimize, and automate the processes associated with managing a company’s accounts payables.
Remote Quality Bookkeeping
NOVEMBER 16, 2023
Nearly 54 million Americans are now doing freelance work, according to a 2015 study conducted by the independent research firm Edelman Berland and commissioned by Freelancers Union and Upwork. If you’re a startup or a company who operates in the digital sphere, hiring freelancers can be a great way to access quality work from a much larger pool of applicants.
Insightful Accountant
NOVEMBER 16, 2023
Ignition, an all-in-one platform for professional services to get paid faster and run smarter, today announces the expansion of its strategic partnership with Intuit by integrating with ProConnect Tax, the industry-leading cloud-based tax software.
Remote Quality Bookkeeping
NOVEMBER 16, 2023
What is the purpose of bookkeeping, and how can good bookkeeping improve your business? When it comes to running a company, you need everything in place and to run properly in order for your business to continually function, especially anything related to your financials. Making sure that you’re gaining more money than you’re spending is vital, and keeping track of all income and expenses is equally as important.
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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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