Sat.Apr 13, 2024 - Fri.Apr 19, 2024

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So… what is carbon accounting?

Xero

Understanding the environmental impact of your business is critical in today’s business environment — and carbon accounting is a fundamental step in this process. With carbon accounting increasingly becoming another compliance measure mandated by regulators, businesses of all types and sizes need to get their emissions numbers in order. This is particularly true if you’re a small business that provides goods and services to a larger organisation.

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IRS unveils draft Form 1099-DA for crypto reporting

Accounting Today

The Internal Revenue Service previewed a draft version of the Form 1099-DA on Friday for reporting on the proceeds of digital asset transactions for crypto brokers.

Tax 325
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Check Processing Made Easy with Biller Genie Check Scanning

Accounting Department

Our friends at Biller Genie have announced a new software update that is packed with new features designed to streamline the check processing process and enhance the financial operations of businesses. This update introduces innovative features that will revolutionize how businesses manage paper checks and adapt to the future of accounting software integrations.

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8 Accounts Payable Trends to Watch

Cevinio

How AI and RPA Are Transforming Accounts Payable Processes in the Year Ahead Introducing Our Whitepaper: “8 Accounts Payable Trends to Watch” In the dynamic landscape of financial operations, staying ahead means understanding the evolving trends shaping the future of Accounts Payable (AP). Our latest whitepaper delves into “8 Accounts Payable Trends to Watch: How AI and Robotics Are Transforming Accounts Payable Processes in the Year Ahead.” As businesses navigate through

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5 Steps to Shield Your Business: The Ultimate Guide to Avoiding Payment Fraud

As scams grow more sophisticated, it's crucial to stay proactive in defending against these threats. This guide equips CFOs, accountants, and business leaders with five essential steps—from fundamental safeguards to advanced security measures to strengthen your financial defenses. From enhancing data security to implementing fraud detection tools and safeguarding financial transactions, this guide provides expert advice that could save your company millions.

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Google Increases Speed, Granularity of Cost Data and Curates Approach to Anomaly Management

FinOps Foundation

Key Insight: Fast cost data can mean more frequent Data Ingestion , which leads to faster decision-making ability in a FinOps practice. Helpful Anomaly Management means less noise and more news; Some vendors take a curated approach and surface fewer anomalies, while others deliver more alerts and allow you to dial down as needed. At Google Next ‘24, Google Cloud announced several new FinOps features.

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Poor cash flow can sink any business

Accounting Today

If an enterprise doesn't accurately measure and manage cash flow effectively, it won't be able to make sound financial decisions for the future.

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Why Peppol power depends on AP integration

Cevinio

Discover the transformative power of Peppol in e-invoicing and explore the importance of integrating your finance operations […]

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Why Accounting Firms Should Budget for Managed Security Services in [2024]

Ace Cloud Hosting

Data breaches are on the rise. According to Statista, data breaches impacted 353 million individuals in 2023. Hence, with the increasing cyber threat spectrum, cybersecurity has been a focus for.

Budgeting 116
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IRS wraps up tax season

Accounting Today

The Internal Revenue Service reported stronger performance on Monday, April 15, as it concluded this year's tax filing season, saying it had answered 1 million more phone calls from taxpayers and helped 170,000 people in person compared to last year.

Tax 288
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Unlocking Summer Success: Inside A Typical Summer at ADC | Beyond the Books Podcast by AccountingDepartment.com

Accounting Department

We are thrilled to announce that Episode 17 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.

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How to Navigate Revenue and Expense Management: Competitive Insights for Financial Success

Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!

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Feature Focus Fridays - First Look at Figured

Insightful Accountant

Murph takes a first look at 'Figured', a cloud-based agribusiness software app that works with either QuickBooks Online or Xero and that he thinks is '"perfect for farming and ranching.

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Importance of Cybersecurity Awareness Training for Employees in Tax Season [2024]

Ace Cloud Hosting

Tax season 2024 is ongoing, and the tax firms are busy handling their clients’ taxes. However, cybersecurity is one aspect most tax firms ignore during the tax season. Like tax.

Tax 105
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The IRS 2024 Dirty Dozen

Accounting Today

A phish, a mill and a stroll overseas are just three of the 12 major scams the Internal Revenue Service identified for this year's rogues gallery.

Tax 309
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Nailing cash flow statements: How to ensure you know where your business stands

Plooto

Managing cash flow effectively is an essential aspect of running a business smoothly. However, many small businesses struggle with cash flow management, especially if they don’t have a lot of experience in bookkeeping and accounting.

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How To Streamline Finance Operations Through Automation

Speaker: Claire Grosjean

In today’s fast-paced business environment, finance professionals are under increasing pressure to optimize operations and drive strategic value. As a result, automation has become a core part of business strategy, offering unprecedented opportunities to streamline operations and drive efficiency. Join esteemed global finance and operations executive, Claire Grosjean, for a comprehensive guide on how to harness automation’s power through strategic collaboration with functional leaders.

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Insightful Accountant Announces Dates for Awards

Insightful Accountant

In an attempt to give our readers some degree of advance notice, Insightful Accountant is announcing the specific dates for which the 2024 ProAdvisor Awards will be announced.

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A Guide to New FWA Guidelines for Singapore SMEs from Dec 2024 

Counto

A Guide to New FWA Guidelines for Singapore SMEs from Dec 2024 Starting December 1, 2024, Singapore will see a significant shift towards supporting flexible work arrangements (FWAs), as mandated by the newly established Tripartite Guidelines. At Counto , we understand the intricacies these changes bring, particularly for SMEs, and are here to help you navigate through them effectively.

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Students take a new path to 150 hours

Accounting Today

The first class members of the AICPA and NASBA's pilot Experience, Learn & Earn program are completing their inaugural semester.

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How the Procurement Function Can Save Your Company Money

Tipalti

Procurement has emerged as a critical function that can help organizations save costs in an ever-changing business landscape.

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Top 3 Secrets to Staying Relevant with Gen Z

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant or getting "ghosted" if they fail to meet the evolving needs of Gen Z consumers. In this new webinar, Brian Muse-McKenney of Episode Six and Matt Simester of Payments Consultancy Limited will reveal key considerations banks should factor into their efforts to develop target products for the next generation of bank customers.

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The Fate of a Finished Filing Season Still in Limbo

Insightful Accountant

The 2024 tax season is ending with fewer hiccups and changes compared to previous years. Pending legislation and court decisions may bring uncertainty for preparers in the future.

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CPF Guide for Employers in Singapore

Counto

CPF Guide for Employers in Singapore At Counto, we understand that as a small business owner or entrepreneur in Singapore, navigating the complexities of the Central Provident Fund (CPF) contributions for your employees can be a daunting task. It’s crucial to get it right, not only to comply with the law but to ensure the financial well-being of your employees.

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Accountants feel more upbeat about global economy

Accounting Today

Accounting and finance professionals are expressing greater confidence about the world economy this year, according to a new survey.

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The difference between direct and indirect labor

Accounting Tools

What is Direct Labor? Direct labor includes all labor that varies with production volume. This means the classification is generally limited to those people working on an assembly line or operating production machinery. What is Indirect Labor? Indirect labor is all types of support and supervisory labor, such as janitorial, maintenance, administrative, and management employees.

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Breaking New Ground: Managing Innovation Fatigue With Effective Automation

Speaker: Gary Dmitriev

Our upcoming webinar aims to demystify the process of selecting and implementing automation tools for financial institutes. This session will provide your roadmap for vetting potential solutions, focusing on due diligence, vendor assessments, and aligning technology with strategic goals. We’ll also address the critical issue of innovation fatigue, offering tips on maintaining enthusiasm and momentum for new initiatives.

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QB Talks will 'get you ready' for Modern View Reports in QBO

Insightful Accountant

Get a jump on transitioning to the new 'Modern View' Reports that Intuit is starting to roll out into QuickBooks Online by attending Insightful Accountant's QB Talks on April 24, 2024 at 2:00 Eastern Daylight Saving Time.

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How Google Axion Processor Can Improve Workload Efficiency?

Economize

Google Axion Processor is a groundbreaking development in custom silicon chips, a result of Google’s relentless pursuit of innovation. These custom Arm®-based CPUs represent a significant leap forward in computing technology, with industry-leading performance and energy efficiency.

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PwC shakes up US firm

Accounting Today

PricewaterhouseCoopers US is realigning its organizational structure across three lines of service — Assurance, Tax and Advisory — starting in July.

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Life cycle costing definition

Accounting Tools

What is Life Cycle Costing? Life cycle costing is the process of compiling all costs that the owner or producer of an asset will incur over its lifespan. These costs include the initial investment , future additional investments, and annually recurring costs, minus any salvage value. Life cycle costing is more heavily used by businesses that place an emphasis on long-range planning, so that their multi-year profits are maximized.

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Secure SaaS Success: Embedded Finance as a Competitive Advantage

Speaker: Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms

Join us for an exclusive webinar hosted by Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms, where he’ll explore the significant impact of embedded finance on the software industry! This session is designed to provide you with the strategic insights needed to navigate the future of SaaS successfully, all while gaining a deeper understanding of how these trends can enhance your competitive edge, boost revenue, and deepen customer loyalty.

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International Coverage: Mimo Lauches Platform to Simplify B2B Payments

Insightful Accountant

SMB Financial Management Platform Mimo Raises £15.5M and Launches Platform To Simplify B2B Payments. Mimo's financial suite enables businesses to easily manage money-in and money-out, and is already processing millions of pounds in payments for SMBs.

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Artificial Intelligence: AI Demystified

Oversight

So, what IS this thing called ‘AI’? That’s an intelligent question nobody should be afraid to ask. Here’s a reasonable working definition to start off with: ‘AI is the ability of a computer or machine to do what previously only humans could do.’ After all, machines have been doing stuff we can do - walking, running, hauling, writing, for centuries. But better.

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PCAOB finds auditor evaluation deficiencies

Accounting Today

Seventeen percent of comment forms in 2021 and 2022 contained auditor evaluation deficiencies, according to the PCAOB.

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Profit maximization vs. wealth maximization

Accounting Tools

What is Profit Maximization? Profit maximization is the process by which a business arranges its prices and cost structure to achieve the highest possible profit. The central goal of the organization is to increase its profits. This is a short-term goal, since profits can be maximized to the detriment of customers, who may become annoyed at excessively high pricing, and take their business elsewhere over the long term.

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How to Easily Navigate Crypto Accounting in the Web3 Era

Speaker: Aaron Jacob, VP of Accounting Solutions & Reagan Cook, GTM Lead

Are you struggling to navigate the complexities and challenges that come with crypto accounting? 🤔 This new webinar will cover everything businesses need to know to get started with crypto accounting after incorporating crypto into their business models! Industry experts Aaron Jacob and Reagan Cook of TaxBit will thoroughly explore the prevalent operational hurdles encountered by accounting teams when interacting with crypto on the books, and detail how software solutions can effectively