Sat.Oct 15, 2022 - Fri.Oct 21, 2022

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How Vinod Shah & Co is embracing cloud accounting to reach their paperless goal

Xero

Accounting has been revolutionised many times over with the emergence of new technology. From calculators to Excel spreadsheets, accountants wouldn’t have gotten far if they weren’t willing to adapt for the good of their practices and their clients. . For Ravi Shah, partner at Vinod Shah & Co , change is being embraced in a practice that was first established by his father in 1989. .

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IRS increases 401(k) limit by record amount as inflation surges

Accounting Today

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AWS Vs. Azure Pricing: An Essential Guide For 2022

CloudZero

Microsoft's Azure and Amazon Web Services (AWS) are the two most popular cloud providers today. They both offer a variety of Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service (SaaS) solutions.

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Why Building a SaaS Unicorn Starts with Metrics & Models

Sage Intacct

All SaaS startups foster a secret (or not-so-secret) hope of hitting the milestone of being a unicorn. In the parlance of venture capital, a "unicorn" is a private startup whose value is greater than $1B USD.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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.

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How a Xero rockstar is embracing digital to make things less complicated for her firm

Xero

When Lucy Johnson won the 2022 Xero Award for Sole Practitioner of the Year, her practice – Simplex Accounting (formally known as Isle Book-keep) – was just 12 months old. Knowing the businesses she was up against, Lucy acknowledged: “To even be considered a finalist was a massive deal for me; I was just happy to be there.” . Lucy started Simplex Accounting after being made redundant from her job doing the books for a beauty company.

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Tax changes mean you might take home more of your paycheck

Accounting Today

Tax 265

More Trending

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The Ultimate KPI List for Early-stage SaaS Startups

Sage Intacct

KPIs are the tools driving change and investment for early-stage SaaS CFOs. Think of your metrics as your company’s vital signs: they can signal that everything is operating as it should be or that there’s a significant cause for concern. They transcend opinions and politics to a shared consciousness on what needs to be done.

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We made the 2022 Most Innovative Companies list

Xero

Last year, we reached a significant milestone in our data journey when we built machine learning algorithms that worked to accurately predict your transactions’ contact and account codes. Whenever we invest in machine learning, our vision is always to give you more meaningful time back in your day, so we’re thrilled that this work in bank reconciliation has been recognised as a top 10 innovation in the 2022 AFR BOSS Most Innovative Companies list for just that.

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IRS criminal investigators probe COVID fraud

Accounting Today

Tax 265
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55 Cloud Computing Statistics That Will Blow Your Mind (2022)

CloudZero

It happened and continues to happen — even faster now. Before 2020, cloud computing was already booming. But as remote work boomed in the following two years, it accelerated exponentially.

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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

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.

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Quality Management: The Secret to a Scalable Accounting Practice

Earmark Accounting Podcast

Sign up to get free CPE for listening to this podcast [link] Download the Earmark CPE App Apple: [link] Android: [link] Connect with Our Guests John Rea LinkedIn: [link] Twitter : [link] Learn how Scrutinize helps accounting and bookkeeping firms close client books faster and more accurately: [link] Rachel Fisch LinkedIn: [link] Twitter : [link] Learn more about RealtyTax: [link] Connect with Blake Oliver, CPA LinkedIn: [link] Twitter: [link] Why do so many accounting firms fail to grow effect

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Five steps to choose the right apps for your business

Xero

Apps can benefit your business in many ways, including helping you gain valuable insights, and automating time-consuming tasks, so you have more time to spend on growing your business – or just doing more of the things you love. With over 1,000 apps that connect to Xero, the Xero App Store makes it easy to find, try and buy apps. If you’re not sure where to start, here are five easy steps to help you choose the right apps for you and your business. . 1.

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Tax Fraud Blotter: Lavish expenditures

Accounting Today

Tax 265
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Embedded Finance Trends: 7 Trends for the Year Ahead

FundThrough

The demand for embedded finance is on the rise in the business-to-business (B2B) landscape, transforming the way B2B companies buy and sell while creating new opportunities for fintech, corporate buyers, suppliers (especially SMBs), and non-financial institutions. With the embedded finance payments market projected to reach $1.91 trillion by 2028, embedded finance is going to become […].

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The Definitive Guide to Spend Management

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.

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Freelancer’s Guide to Retirement Savings

Less Accounting

The freedom and independence of freelancing come with some responsibilities unique to the profession. Retirement contribution matching is often a perk that comes with traditional employment. Employers can make it an automatic and easy way to start saving effectively for retirement. As a self-employed small business owner or freelancer, you have to do a little extra planning to ensure that you can take advantage of similar investment opportunities and enjoy the benefits of successful retirement p

Tax 52
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Ex-Big Four Auditor Explains Massive Audit Failures

Cloud Accounting Podcast

Meet Our Guest, Chris Vanover LinkedIn: [link] Learn more about AuditClub Website: [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Get in Touch Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes , or Podchaser.

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How to escape state taxes without leaving New York or California

Accounting Today

Tax 265
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Fraud and Internal Controls in Small Business

SMB Accounting and Consulting

Each year the Association of Certified Fraud Examiners puts out a report that identifies trends and key findings related to fraud over the past year. Some of the highlights seem unreal as you look at them for the first time. Here’s some of the findings from the “Occupational Fraud 2022: A Report to the Nations.” Organizations with the FEWEST employees had the highest median loss of $150k showcasing that small businesses are the hardest hit and need to be concerned with the potential for fraud.

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Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

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.

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Invoice Factoring Quickly: How to Get Started

FundThrough

When a cash flow crunch hits your business, you need access to funding – and fast! You don’t have time to wait around on slow paying customers or chase down accounts receivable, you need an immediate cash flow boost. While bank financing such as a business line of credit or traditional bank loan are popular […]. The post Invoice Factoring Quickly: How to Get Started appeared first on FundThrough.

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Xerocon #1 : No Office, No Code, No Problem

Cloud Accounting Podcast

Meet Chad Davis, CPA, CMA LinkedIn: [link] Twitter: [link] Learn more about LiveCA Website: [link] Learn more about the AutomationTown podcast: Website: [link] Twitter: [link] TikTok: [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Get in Touch Thanks for listening and for the great reviews!

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Prager Metis hosts launch party in metaverse

Accounting Today

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What is the Future of Accounts Payable?

Plooto

Don’t be late — the future of accounts payable (AP) has already started! Innovative use of technology and openness to automate archaic manual processes define today’s successful AP departments. AP automation is no longer a luxury: it’s a necessity.

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Your New & Improved Month-End Close Process Is Not So Far Out of Reach!

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!

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Online Invoice Factoring: A Simple Guide

FundThrough

Online invoice factoring services have become very popular over the last few years because it allows companies to access working capital without having to wait for customers to pay them. You can also complete and submit your application from anywhere, without the hassle of having to make an appointment at a traditional bank in order […]. The post Online Invoice Factoring: A Simple Guide appeared first on FundThrough.

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Automate Before It’s Too Late: Better Month-End and Year-End Closings

AvidXchange

As we are all aware, the month-end and year-end closing processes can be tedious and time-consuming tasks for AP professionals. Closing out business from the previous month or year, carrying forward balances, and opening posting accounts for the upcoming period is a lot, especially during the holidays, when AP staffers take much-needed time off. As the session comes to a close, many AP managers approach the month-end or year-end closing process with a healthy dose of apprehension.

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High earners are flocking to low-tax states

Accounting Today

Tax 265
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Bonus: Kelly Richmond Pope - Ethics in the 21st Century

IMA's Count Me

Ethics in the 21st Century: Management Accounting Practices for Robust Compliance Programs Fool Me Once: Scams, Stories, and Secrets from the Trillion-Dollar Fraud Industry Connect with Kelly Full Episode Transcript: Adam: Welcome back to Count Me In, the podcast that takes you inside the impactful world of management accounting. This is Adam Larson, and today is a special edition of Count Me In to Celebrate Global Ethics Day 2022.

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Putting the ‘Tech’ in Spend Management Techniques

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!

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Comparing the Best AR Automation Software Solutions

Plooto

Businesses rely on accounts receivable to get them paid quickly and smoothly. This is why we put together this list of the best AR automation software solutions to help you decide how to fuel your business.

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Streamline Your Claims Management Process with Epic & SSI Integrations

SSI Healthcare Rev Cycle Solutions

[Webinar] Streamline Your Claims Management Process with Epic & SSI Integrations. The SSI Group, LLC (SSI) invites all hospitals and health systems that run Epic as their HIS to a webinar event specifically tailored to highlight the available integrations between our systems. In pursuing a frictionless revenue cycle, the ability to work medical claims directly within your Epic system is vital.

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Roaring retention: The antidote to quiet quitting

Accounting Today

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Biden to Release at Least 15 Million Barrels of Oil From Reserve

NACM

President Joe Biden is expected to announce the release of 15 million barrels of oil from the U.S. Strategic Petroleum Reserve in response to recent production cuts by OPEC+ nations, per AP News. This announcement comes ahead of next month's midterm elections.Biden authorized the release of 180 million barrels in March, sending the reserve to its l.

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Global Accounting Principles and Commission Capitalization

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.