Accounting Department
FEBRUARY 14, 2024
In the fast-paced world of manufacturing, where efficiency and innovation reign, understanding and managing costs are paramount to success. Cost management isn't a mere back-office function; it's what ensures your products remain competitive, your operations sustainable, and your company profitable.
Accounting Today
FEBRUARY 16, 2024
The Internal Revenue Service would be able to implement changes to the Child Tax Credit within weeks, IRS Commissioner Danny Werfel told Congress, and send out tax refunds promptly.
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Insightful Accountant
FEBRUARY 16, 2024
Financial Cents is excited to announce the release of the 2024 State of Accounting Workflow Automation Report. This second edition study explores the experiences and challenges faced by accounting, bookkeeping, and tax firm owners.
Plooto
FEBRUARY 14, 2024
As a CFO, watching your business evolve and grow is an incredibly rewarding experience, but it also presents new challenges to overcome to keep that growth sustainable in the future. What worked for you and your finance team up to this point may not be enough to manage the complexities that come with continued growth. Your own role will also evolve as priorities shift and your responsibilities change with the nature, and scale of the business.
Speaker: Joe Wroblewski, Sales Engineer Manager
Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te
Accounting Department
FEBRUARY 15, 2024
For a business, becoming a government contractor can open doors to a sea of lucrative opportunities – but these waters run deep with regulations, especially those set by the Defense Contract Audit Agency (DCAA). A critical cog in the machinery that is the U.S. Department of Defense (DoD), DCAA ensures that taxpayer dollars are used efficiently and effectively in the acquisition of defense-related goods and services.
Accounting Today
FEBRUARY 15, 2024
Whether they're enthusiastic or terrified, tax practitioners are anything but indifferent to the rise of artificial intelligence.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Plooto
FEBRUARY 15, 2024
What is accounts receivable and accounts payable? Find out why having good control over both is crucial for your business to have a smooth cash flow.
Accounting Tools
FEBRUARY 13, 2024
What is the Sales Journal Entry? A sales journal entry records the revenue generated by the sale of goods or services. This journal entry needs to record three events, which are the recordation of a sale , the recordation of a reduction in the inventory that has been sold to the customer, and the recordation of a sales tax liability. The content of the entry differs, depending on whether the customer paid with cash or was extended credit.
Accounting Today
FEBRUARY 15, 2024
New technology systems and the addition of cryptocurrency on tax forms are just some of the IRS developments to watch in 2024.
Insightful Accountant
FEBRUARY 11, 2024
Several versions of QuickBooks Desktop will stop being sold to U.S. 'new subscribers' after July 31, 2024.
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Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i
Counto
FEBRUARY 15, 2024
Why Working Capital is Super Necessary to Your Business In business, understanding the fundamentals of working capital is crucial. It serves as the backbone of your financial operations, dictating your ability to navigate day-to-day expenses and seize growth opportunities. What is Working Capital? Working capital is the difference between your company’s current assets and liabilities.
Reconciled Solutions
FEBRUARY 14, 2024
It's simple to create an estimate in QuickBooks Online and convert it to an invoice. Find out how it works. The post The Life of an Estimate in QuickBooks Online appeared first on Reconciled Solutions.
Accounting Today
FEBRUARY 15, 2024
But the more you automate, the more human you have to be.
Insightful Accountant
FEBRUARY 14, 2024
NetSuite has been named a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Mid-market Finance and Accounting Applications 2023–2024 Vendor Assessment.
Advertiser: Paycor
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Nolan Accounting Center
FEBRUARY 15, 2024
As renowned investor Warren Buffet has stated, “Accounting is the language of business.” Thus, it is critical for business leaders to get the “language” right. That includes properly and accurately recording, reporting, and acting on an organization’s financial statements, including a focus on assets and liabilities, including contingent liabilities.
1st Step Accounting
FEBRUARY 11, 2024
In my firm, I try my best to keep things efficient and streamlined. One way we do this is to create templates for as many things as possible. Things like emails, tasks for our monthly projects and that also includes chart of account lists for the different types of clients we serve. Being in business over 15 years now, I’ve had to set up numerous clients in QuickBooks Online and I’ve found having COA templates for industry and entity types is one of my biggest time savers.
Accounting Today
FEBRUARY 15, 2024
With so many options on the table, firms need advice on what to do if they want to remain independent.
Insightful Accountant
FEBRUARY 15, 2024
Clockwork is a financial analytics and planning app that works with QuickBooks Online, Xero and QuickBooks Desktop. If you need more financial metrics and forecasting than your General Ledger can provide, check out this article.
Speaker: Victor C. Barnes, CPA, MBA
In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.
Ace Cloud Hosting
FEBRUARY 11, 2024
Tax professionals face challenges with traditional hosting methods for Drake Tax Software. Limited accessibility, security concerns, and scalability issues hinder efficiency. However, cloud hosting offers a solution.
MineralTree
FEBRUARY 15, 2024
Is your accounts payable (AP) check run holding your business back? The AP check run remains a pain point for many finance departments who rely on manual processes and outdated solutions to manage AP — in turn, causing check run delays and hiccups. This blog explores the intricacies of the AP check run and actionable tips to fortify your financial processes.
Accounting Today
FEBRUARY 13, 2024
While passage in the Senate is uncertain, many of the changes could impact 2023 tax returns.
Insightful Accountant
FEBRUARY 14, 2024
Once again, Murph will be covering Sage Transform, the annual conference for the Sage Intacct community. This year, Sage Transform is being held in Las Vegas at the MGM Grand.
Speaker: Kim Beynon, CPA, CGMA, PMP
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
Ace Cloud Hosting
FEBRUARY 12, 2024
QuickBooks is excellent accounting software designed for small-to-medium-sized businesses.
Accounting Tools
FEBRUARY 16, 2024
What are Profitability Ratios? Profitability ratios are a set of measurements used to determine the ability of a business to create earnings. These ratios are considered to be favorable when they improve over a trend line or are comparatively better than the results of competitors. Profitability ratios are derived from a comparison of revenues to difference groupings of expenses within the income statement.
Accounting Today
FEBRUARY 13, 2024
The Washington National Tax Office of Grant Thornton points out the most important state and local tax developments to keep an eye out for.
Cloud Accounting Podcast
FEBRUARY 15, 2024
Blake and David discuss a wealth of timely topics, including the risks of filing taxes electronically versus by mail, the impact of the 150-hour rule on diversity in the accounting profession, and how major accounting firms are turning to private equity funding to accelerate growth. They also explore news from the artificial intelligence space, including Google's unveiling of Gemini, as well as ADP's new AI assistant, and examine how deepfake video calls enabled the theft of $25 million.
Speaker: Mark Gilham, FCCA, CPP
Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.
IMA's Count Me
FEBRUARY 11, 2024
Join host Adam Larson as he sits down with distinguished guest Norman Strauss in the latest episode of the Count Me In. Listen as they share engaging stories and insights from Strauss's 60-year career in accounting. From the challenges of embracing technological changes to his pivotal role in standard-setting committees, Strauss reveals the highs and lows of a lifelong journey in the accounting profession.
Accounting Tools
FEBRUARY 13, 2024
What is Opportunity Cost? Opportunity cost is the profit lost when one alternative is selected over another. The concept is useful simply as a reminder to examine all reasonable alternatives before making a decision. For example, you have $1,000,000 and choose to invest it in a product line that will generate a return of 5%. If you could have spent the money on a different investment that would have generated a return of 7%, then the 2% difference between the two alternatives is the foregone opp
Accounting Today
FEBRUARY 15, 2024
Not a lot of Latitude; the cupboards are bare; lots of energy; and other highlights of recent tax cases.
Economize
FEBRUARY 16, 2024
Amazon Simple Storage Service (S3) is a storage service from AWS that can store and retrieve large volumes of data. It is a secure and scalable storage service that stores data as objects. It allows users to store and retrieve virtually unlimited amounts of data over the internet.
Advertiser: Paycor
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