Fri.May 24, 2024

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On the move: Baker Tilly appoints next MP of tax

Accounting Today

Connecticut Society of CPAs installs board of directors; CohnReznick establishes merger integration and carve-out services practice; and more news from across the profession.

Tax 282
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The Impact of Timing Can Maximize Payment Collection

Enterprise Recovery

Timing plays a crucial role in optimizing payment collection strategies. Payment deadlines, reminders and utilizing technology can help increase the likelihood of on-time payments. The basic gist is this - the sooner you can attempt to collect on past-due payments, the more successful you will be. Strategically timing payment collection efforts can enhance the overall collection process and increase the success rate in recovering past-due payments.

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Tech news: AuditBoard acquired for $3 billion

Accounting Today

Plus, Xero goes from $113 million loss to $175.9 million profit; and other accounting technology news.

XERO 288
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5 Tips for Managing High-Volume Accounts Payable with BPA Software

NextProcess

5 Tips for Managing High-Volume Accounts Payable with BPA Software How many invoices does your company receive each month? If you’re processing hundreds or even thousands of invoices each month, then your company is managing high-volume accounts payable. What qualifies as “high volume” can vary based on your specific company, though. For example, if you’re a small company that’s suddenly growing, the jump from handling 10 invoices a month to handling 50+ can seem overwhelming.

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5 Steps to Shield Your Business: The Ultimate Guide to Avoiding Payment Fraud

As scams grow more sophisticated, it's crucial to stay proactive in defending against these threats. This guide equips CFOs, accountants, and business leaders with five essential steps—from fundamental safeguards to advanced security measures to strengthen your financial defenses. From enhancing data security to implementing fraud detection tools and safeguarding financial transactions, this guide provides expert advice that could save your company millions.

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The new CPA exam points to the future for the profession

Accounting Today

Accounting needs to evolve in order to face a new reality.

CPA 282
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5 Tips for Managing High-Volume Accounts Payable with BPA Software

NextProcess

How many invoices does your company receive each month? If you’re processing hundreds or even thousands of invoices each month, then your company is managing high-volume accounts payable. What qualifies as “high volume” can vary based on your specific company, though. For example, if you’re a small company that’s suddenly growing, the jump from handling 10 invoices a month to handling 50+ can seem overwhelming.

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Why people engage an accountant.

Accounting Fun

Why people engage an accountant. HMRC: You owe us money. It's called taxes. YOU: How much do I owe? HMRC: You have to figure that out. YOU: I can just pay what I want? HMRC: Oh, no. We can guess how much you owe. But you need to guess it first. Or work it out properly - which we prefer. YOU: What if I get it wrong? HMRC: We'll fine you or send you to prison!