Accounting Department
SEPTEMBER 7, 2023
Budgeting is a vital process that enables small and medium-sized businesses to effectively allocate resources, plan for the future, and achieve financial stability. However, navigating the budgeting process can be challenging without a clear roadmap.
Intuit
SEPTEMBER 6, 2023
Intuit Assist delivers personalized recommendations and does the hard work for you. Today, we introduced Intuit Assist, a new generative AI (GenAI)-powered assistant that will provide personalized, intelligent recommendations to help consumer and small business customers make smart financial decisions with less work and complete confidence, enabling them to put more money in their pockets.
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Accounting Today
SEPTEMBER 8, 2023
Following a top-to-bottom review of enforcement efforts, the agency is shifting more attention from working-class taxpayers to high-income earners, partnerships, large corporations and promoters of abusive tax shelters.
Xero
SEPTEMBER 6, 2023
For the fifth year in a row, Xero has taken out Canstar’s Most Satisfied Customer Award for small business accounting software. This is an incredible achievement, showcasing our value to small businesses across Aotearoa New Zealand. Canstar Blue is a customer satisfaction research and ratings business aimed at helping consumers make better purchasing decisions.
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 Department
SEPTEMBER 5, 2023
Business owners face many financial challenges, so understanding contribution margin is crucial to success. Contribution margin is an essential financial metric for any business striving to increase growth and revenue.
Insightful Accountant
SEPTEMBER 4, 2023
Murph clues you in on why the Top 100 2024 process will still award points for QuickBooks Desktop Point-of-sale ProAdvisor Certification even if Intuit drops the certification after it stops supporting QBPOS on Oct. 3, 2023.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Xero
SEPTEMBER 5, 2023
Applications are quickly coming in for the Xero Beautiful Business Fund – thank you to all those who’ve entered so far. If you’re an organisation that operates on a not-for-profit basis, you might be wondering whether you’re eligible to apply. The short answer in most cases is yes (just make sure to double check the rest of our eligibility criteria here ) – because in our eyes, not-for-profit organisations are small businesses too.
FundThrough
SEPTEMBER 8, 2023
In the wake of Hurricane Idalia, the devastation faced by entrepreneurs is deeply felt. As business owners ourselves, the very thought of watching years of hard work being swept away overnight is heart-wrenching. Understanding the importance of rebuilding and getting back on your feet as soon as possible, we’ve compiled a few useful resources.
Insightful Accountant
SEPTEMBER 7, 2023
Intuit increased QuickBooks Payments rates for QuickBooks Desktop users this past June. Now, it is making increases for Payments Customers using QBO effective in October.
Accounting Today
SEPTEMBER 8, 2023
The Internal Revenue Service is leveraging artificial intelligence to detect tax evasion as it uses the extra funding from the Inflation Reduction Act to ramp up compliance efforts.
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.
AvidXchange
SEPTEMBER 6, 2023
“It takes money to make money.” We’ve all heard the phrase. It’s especially true for small businesses. But it’s harder than ever for small businesses to secure the financing they need to operate. Interest rates are the highest they’ve been in decades and banks are tightening lending standards. Small businesses are feeling the crunch as inflation drives up prices and supply chain challenges persist.
Gaviti
SEPTEMBER 6, 2023
At Gaviti, we are committed to providing you with the most cutting-edge solutions to streamline your accounts receivable management processes. We’re excited to unveil the incredible lineup of new modules and features we’ve added to our platform in the last few weeks. These additions have been carefully crafted to address the evolving needs of businesses, ensuring you have the tools to minimize errors, maximize efficiency, and optimize your cash flow like never before.
Insightful Accountant
SEPTEMBER 6, 2023
Check out APD's Kristen Appleman take on the latest trend helping today's small business owners get an edge—Going Big. You can listen to the Workforce News Minute here.
Accounting Today
SEPTEMBER 6, 2023
Corporate tax departments are going through major transformation in response to the challenging legal and regulatory environment, according to a new survey from Deloitte.
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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.
AvidXchange
SEPTEMBER 5, 2023
In today’s uncertain economic environment, organizations are putting extra emphasis on spend management – monitoring and maximizing company spend. The accounts payable (AP) department plays a critical role in this expenditure cycle, with success tightly linked to the efficiency and accuracy of the team and their processes. The payables process generally involves several steps: Receiving and validating invoices Capturing and coding the data on the invoice (indexing) Matching the invoice to p
Accounting Tools
SEPTEMBER 8, 2023
Related Courses Accountants' Guidebook Bookkeeping Guidebook New Controller Guidebook Most accounting tasks can be divided into financial accounting and managerial accounting. It is useful to describe the differences between these two aspects of accounting, since each one describes a distinctly different career path. In general, financial accounting refers to the aggregation of accounting information into financial statements , while managerial accounting refers to the internal processes used to
Insightful Accountant
SEPTEMBER 6, 2023
Intuit’s new Generative AI-Powered Assistant for consumers and small businesses was introduced during its Innovation Day Event on Sept. 6, 2023.
Accounting Today
SEPTEMBER 6, 2023
The Financial Accounting Standards Board voted to adopt its eagerly awaited standard for cryptocurrency like Bitcoin held by companies.
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.
Cloud Accounting Podcast
SEPTEMBER 7, 2023
Join us for an in-depth conversation with Jerry Maginnis, a retired Big Four audit partner, about the value and criticisms of financial statement audits. Jerry draws on his decades of experience auditing public companies to respond to issues around audit quality, staff work conditions, complexity in accounting standards, and whether audits truly protect investors.
Accounting Tools
SEPTEMBER 8, 2023
Related Courses The Income Statement The Interpretation of Financial Statements Gross vs. Net Income for a Business The concepts of gross and net income have different meanings, depending on whether a business or a wage earner is being discussed. For a company, gross income equates to gross margin , which is sales minus the cost of goods sold. Thus, gross income is the amount that a business earns from the sale of goods or services, before selling, administrative, tax, and other expenses have be
Insightful Accountant
SEPTEMBER 3, 2023
Intuit had a very strong fourth quarter, ending the year with momentum by growing total revenue to $14.4-billion, up 13% year-over-year. Their Small Business & Self-Employed Group revenue grew 24%.
Accounting Today
SEPTEMBER 5, 2023
The service's LB&I Division has expertise in training agents on examining high-income taxpayers, but the IRS doesn't appear to be leveraging this expertise.
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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!
Economize
SEPTEMBER 8, 2023
According to Fortinet’s report, one in five organizations now hosts 75% of their workloads in the cloud. As a majority of IT organizations move to public cloud services, which often involves storing sensitive and personally identifiable information (PII), cloud security has skyrocketed to the forefront of concern.
Accounting Tools
SEPTEMBER 8, 2023
Related Courses Bookkeeping Guidebook Corporate Cash Management How to Audit Cash The ledger balance and available balance are terms used by a bank for the cash position of a checking account. The ledger balance is the balance available as of the beginning of the day. The available balance may be defined in two different ways, which are as follows: The ledger balance, plus or minus any subsequent activity during the day; essentially, it is the ending balance at any point in time during the day;
Insightful Accountant
SEPTEMBER 7, 2023
No matter what size your firm is, keeping in step with technology is critical. Insightful Accountant's Gary DeHart and The Bonadio Group's John Roman explain why in this episode of Accounting Insiders.
Accounting Today
SEPTEMBER 8, 2023
Despite the tremendous buzz, it is crucial to recognize that AI's true role in accounting will likely be to augment human capabilities and streamline processes.
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!
Dext
SEPTEMBER 7, 2023
The strategic partnership will drive the digitalisation of accounting workflows Azets, the UK outsourcing, compliance and advisory group, has today announced its strategic partnership with cloud accounting platform provider Dext to underpin and support the implementation of its Digital strategy. Dext and Azets share a common goal of digitising the accounting workflow.
Accounting Tools
SEPTEMBER 7, 2023
Related Courses Bookkeeping Guidebook How to Audit Receivables New Controller Guidebook Accounts receivable is the amount owed to a seller by a customer. As such, it is an asset , since it is convertible to cash on a future date. Accounts receivable is listed as a current asset on the balance sheet , since it is usually convertible into cash in less than one year.
Insightful Accountant
SEPTEMBER 5, 2023
Murph is hosting 'QB Talks' on Sept. 20, where he hopes to discuss "QuickBooks Desktop 2024." He has put his chips on the table and is gambling that Intuit will have released the product and its embargo prior to his opening remarks.
Accounting Today
SEPTEMBER 6, 2023
There is no doubt generative artificial intelligence is gaining popularity as industries, including accounting, debate how it can be adopted into workflows.
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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