Billah and Associates

JANUARY 25, 2018

The purpose of a financial statement audit is to determine the fairness of an entity’s financial statements according to the GAAP (Generally Accepted Accounting Principles), by an independent auditor. Fairness here can be broken down as the financials being presented are correct and in the proper formats/methods. A Financial statement audit report simply is the document, with which the auditor or the accounting audit service presents their findings in a standardized manner.

Financial Statements 52

Financial Statements Auditing Financial Reporting Accounting 52

1st Step Accounting

JANUARY 17, 2018

The auto deduction is one of the most popular tax deductions on the planet. Okay, I can’t verify that, but I do know that I encourage most of my clients that are eligible to take this deduction because it can make a huge difference in their tax refund results. The Auto Deduction can help save you big bucks! Now this deduction is one of IRS’ hotspots for audit because most business owners simply don’t take the time to learn the rules for this most beneficial deduction.

Tax 52

Tax Auditing Invoicing Accounting 52

Bookkeeping Essentials

JANUARY 20, 2018

I'm helping to clean up the balance sheet of a small non-profit. The Paypal bank account has never been reconciled (!) and is about $10,000 off (!!!

Reconciling 52

Reconciling Accounting Accounting 52

AvidXchange

JANUARY 31, 2018

AvidXchange, a leading fintech provider of accounts payable and payment automation for midsize companies, has many customers in the nonprofit space. As such, we form strategic partnerships with organizations that work with nonprofits like @Pay, an express payment technology company that makes it easy to pay, give, or buy on a mobile device. For our nonprofit partners and customers out there, here are four reasons from @Pay’s CEO, John Killoran, for using passwordless authentication. 4 Reasons fo

Accounts Payable 40

Accounts Payable Accounts Payable Accounting Accounting 40

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

Cloud Accounting Podcast

JANUARY 10, 2018

Stories in this episode: Kodak shares have more than tripled since company announced its new cryptocurrency 'KodakCoin'' 5 Predictions for Accounting in 2018 Intuit acquires time-tracking service TSheets for $340M It’s time for recurring meetings to end How a simple tech upgrade at the IRS could transform the economy Subscribe: Listen on iTunes/Apple Podcasts Listen on Google Play I'm joined by David Leary, Global Small Business Ecosystem Evangelist at Intuit.

Accounting 40

Accounting Accounting 40

AvidXchange

JANUARY 11, 2018

The National Clearinghouse Association, otherwise known as NACHA, is responsible for providing customers and businesses with education, communication, and regulations for electronic payments. As a not-for-profit association, NACHA’s big focus is giving companies the tools needed to process ePayments quickly and safely. There’s a lot of buzz around payments and processes.

Deposits 40

Deposits Billing Payroll Accounting 40

AvidXchange

JANUARY 5, 2018

Finance departments are kicking off the first quarter of 2018 with big plans and aggressive goals to make this year the best year yet. CFO’s are focusing on answering the ageless question: “How can the company make more and spend less?’ The key is working smarter, not harder, to stay in the competitive ‘Game of Growth.’ As much as we want the speed of finance departments to be equivalent to an all-star running back, it’s impossible without the star player – technology.

Computation 40

Computation Auditing Accounts Payable Accounts Payable 40

AvidXchange

JANUARY 4, 2018

Say ‘so long’ to the typical treasury department. It’s time to stop making trips to the filing cabinets Treasury departments are starting fresh with new budgets and goals for growth in 2018. As technology evolves, business goals and treasury solutions are rising to a new level. The treasury department wears a lot of hats in the finance industry. There’s a fine line between focusing on risk versus reward for growth and success.

Budgeting 40

Budgeting Deposits Reconciling Accounts Payable 40