IRS warns of summertime tax scams
Accounting Today
JULY 21, 2023
The Internal Revenue Service is seeing a surge of tax scams this summer hitting taxpayers via email and text messages touting tax refunds and quick fixes to their tax problems.
Accounting Today
JULY 21, 2023
The Internal Revenue Service is seeing a surge of tax scams this summer hitting taxpayers via email and text messages touting tax refunds and quick fixes to their tax problems.
Xero
JULY 19, 2023
Ahead of the FIFA Women’s World Cup 2023, we sat down with Karen Bardsley to find out her perspective on the growth of the women’s game. Karen was goalkeeper for the England Women’s team, and she played for and now oversees the women’s teams at Manchester City F.C. Q: When you were younger, did you dream of becoming a professional footballer or did you have another career in mind?
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Accounting Department
JULY 18, 2023
In the competitive world of manufacturing, success hinges on the ability to measure and improve crucial metrics that drive operational efficiency, quality, and profitability. Key performance indicators (KPIs) provide valuable insights into the performance of various aspects within a manufacturing company, enabling data-driven decision-making and fostering continuous improvement.
Blake Oliver
JULY 19, 2023
How will generative AI change the accounting profession? Learn how in this video of my presentation, “How Artificial Intelligence Will Save Accounting.” We’ll explore the transformative impact artificial intelligence will have on the accounting industry in the coming years. With talent shortages causing pressing problems, AI represents a long-awaited solution to boost productivity.
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
JULY 21, 2023
With increasing demands from regulators and investors to provide some form of sustainability reporting and climate-related disclosures, companies pursuing mergers and acquisitions need to vet their potential targets more closely.
Xero
JULY 19, 2023
Xero’s commitment to diversity and inclusion (D&I) across our global business extends to championing D&I in the communities in which we operate, including Indigenous communities globally. We believe driving better D&I outcomes can help amplify our positive impact on the world. This commitment aligns with our values and our purpose to make life better for people in small business, their advisors and communities around the world.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Blake Oliver
JULY 18, 2023
Tax pros - want an inside look at TurboTax's new full-service offering for business returns? My business partner David Leary and I just went through the process of using TurboTax LIVE Full Service for our partnership return and recorded our experience in a new video. Watch to see: How the onboarding and document collection process works Where the experience fell short compared to working directly with a CPA/EA The surprise requirements needed before our preparer could file How responsive and ava
Accounting Today
JULY 18, 2023
A recent study said that the Great Recession caused not just economic pain but long term physical pain in certain individuals as well, an effect that persists well into the present day.
CSI Accounting & Payroll
JULY 19, 2023
When you own a small business, you need to be aware of your financial health. This is done through tracking KPIs (Key Performance Indicators). An important KPI that's easy to calculate on your own is your break-even point. Knowing your break-even point helps you find out what it takes for your business to be profitable, and it's especially valuable to product-based businesses and startups.
Nanonets
JULY 18, 2023
Text Recognition in 2023 In many companies and organizations, plenty of valuable business data is stored in documents. This data is at the heart of digital transformation. Unfortunately, according to statistics, 80% of all this data is embedded in unstructured formats like business invoices, emails, receipts, PDF documents, and many more. Therefore, to extract and make the most out of information from these documents, companies slowly started relying on Artificial intelligence (AI) based service
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.
Blake Oliver
JULY 17, 2023
Relay now has Savings Accounts! Watch this 2-minute video to learn how to pair Savings Accounts with Auto Transfer Rules to help clients save a little bit every day AND earn interest — all without lifting a finger.
Accounting Today
JULY 17, 2023
Despite the return to the office following the easing of the COVID pandemic, some accountants who work with nonprofit organizations are still working remotely as well.
CloudZero
JULY 18, 2023
Getting the right information at the right time can dramatically change the direction of your business. Yet, you may not have enough time to keep up with everything.
Insightful Accountant
JULY 18, 2023
The newest email from Intuit QuickBooks is a Final Reminder to Become PCI Compliant Today. I have one and don't even have an active Payments Account.
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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.
LedgerDocs
JULY 20, 2023
Cloud storage has become increasingly popular because of its numerous benefits, including accessibility, scalability, and cost-efficiency. However, entrusting sensitive financial data to the cloud can be nerve-wracking. As more and more personal information makes its way online, data security becomes a bigger concern. In this blog, we will outline some of the best practices for keeping financial documentation on the cloud while ensuring data integrity, confidentiality, and compliance.
Accounting Today
JULY 20, 2023
Recent data says that companies spent significantly more on software over the past year, with finance departments' spending in particular seeing major spikes.
Enterprise Recovery
JULY 21, 2023
As the SaaS industry experiences exponential growth, it is not surprising that non-payment issues have become a pressing concern. Non-payment creates cash flow challenges and hampers the ability to invest in product development, customer support, and overall business growth. It's imperative for SaaS companies to address non-payment issues proactively.
Insightful Accountant
JULY 16, 2023
According to the latest MetLife & US Chamber of Commerce Small Business Index, small businesses are feeling better about the future. Read more here.
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.
Nolan Accounting Center
JULY 15, 2023
When you own your own business, there are lots of things to think about and decisions that must be made. One of these major decisions is when you should invest in your own business’s growth. Often, there are valid reasons for both sides of the argument- it all comes down to your personal thoughts and situation. Nolan Accounting works with small businesses around Southeast Wisconsin.
Accounting Today
JULY 19, 2023
The island's top economic development official says he's actively cooperating with U.S. tax authorities as they investigate about 100 high-income individuals.
Enterprise Recovery
JULY 17, 2023
If your business is in a situation where goods or services have been provided, but your customer has failed to pay their invoice on time, it's up to your accounts receivable team to follow up. Your A/R department, however, can only do so much to ensure that your business receives the payment it deserves and maintains a healthy cash flow. It's crucial to provide a detailed process for escalating past-due invoices beyond accounts receivable to collections.
Insightful Accountant
JULY 20, 2023
The accounting profession’s first and only national, independent premier benchmark survey for practicing accounting, tax and bookkeeping professionals will remain open through Sept. 1.
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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!
Accounting Tools
JULY 21, 2023
Related Courses Accountants’ Guidebook Bookkeeper Education Bundle Bookkeeping Guidebook What is Accounting? Accounting is the systematic recordation of the financial transactions of a business. The recordation process includes setting up a system of record keeping, tracking transactions within that system, and aggregating the resulting information into a set of financial reports.
Accounting Today
JULY 18, 2023
Cryptocurrency fraud losses nearly doubled last year in this country, a marked contrast with the rest of the world, where they actually fell by around half.
Ace Cloud Hosting
JULY 19, 2023
Some aspects of accounting are universal to all businesses, such as recording transactions, collecting revenue, and paying bills. But accounting for a manufacturing business involves some unique ones. The manufacturing.
Insightful Accountant
JULY 16, 2023
Intuit has consolidated pay and tax info into this new QuickBooks Workforce centralized app.
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
JULY 20, 2023
Related Courses Financial Analysis The Interpretation of Financial Statements What is Net Income? Net income is the revenues recognized in a reporting period, less the expenses recognized in the same period. This amount is generally calculated using the accrual basis of accounting , under which expenses are recognized at the same time as the revenues to which they relate.
Accounting Today
JULY 20, 2023
Recently appointed the president of the Information Technology Alliance, Geni Whitehouse wants to be a bridge between small and middle-market businesses.
Nanonets
JULY 21, 2023
Implementing Business Process Automation (BPA) can give your employees extra hours each day. And that means more time for them to focus on core, needle-moving tasks. End result? A much more efficient, and more productive business operation. No employee should have to give up their personal time because they are spending half their workday on tedious, repetitive tasks that can be automated.
Insightful Accountant
JULY 20, 2023
You will save time due to the high-confidence recommended matches using QuickBooks Checks.
Speaker: Ryan Dillard, Chief of Staff Director at CBIZ ARC Consulting LLC; Kelly Hicks, Global Controller at Airbase
ASC 606 is the revenue recognition standard that sets global accounting principles for all private or public companies that enter sales agreements or contracts with customers. Along with ASC 606, ASC 340-40 was added to address accounting costs to obtain a contact and costs to fulfill a contract. Join us for this webinar when Airbase Controller Kelly Hicks and Ryan Dillard, a Director at CBIZ ARC Consulting explore how to approach capitalizing sales commissions under ASC 340-40.
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