Sat.Aug 27, 2022 - Fri.Sep 02, 2022

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Getting small businesses ‘finance ready’

Xero

One of the greatest challenges for small businesses is accessing capital when they need it most. My experience has shown this is a complex problem to solve and one I believe businesses, accountants and lenders must all solve together. So I was excited to host a panel discussion at Xerocon London with three experts to understand how small businesses can feel supported on their finance journey. .

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Why AI could be a financial director's best friend during busy season

Accounting Today

Auditing 363
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6 tips and tricks to get Microsoft Azure free credits

FinOps in Practice

The use of cloud services opens up huge opportunities for IT companies and significantly lowers the barrier to entry for those organizations that would otherwise never enter the market should they use the traditional approach to building infrastructure. However, we will never get tired of repeating that you need to use the capabilities of cloud services correctly, because over time, costs that are more than reasonable at first, tend to increase over time and grow to tangible sizes, especially if

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How to handle accounts payable for small businesses

AP Association

Cash flow is particularly important to small businesses and startups. An accurate and reliable system of monitoring accounts payable gives you a clear picture of your income and expenditure, enabling better business decisions to be made. Accounts payable includes all of your company's expenses, except for the payroll. This is why it's important for SMEs to handle this vital component of your business's finances efficiently.

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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 to make the most of the app exhibitors at Xerocon Sydney

Xero

With less than one week to go until Xerocon Sydney, the stage is almost set for the world’s most beautiful and innovative cloud accounting conference of 2022. We’ve organised a stellar lineup across the two days, filled with keynote speakers, thought-provoking panels, and educational breakouts – not to mention an unmissable 80s themed wrap party at the iconic Luna Park. .

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Art of Accounting: 10 ways to better manage your time

Accounting Today

More Trending

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How Cash Flow Planning Can Help Future-proof Your Business

Dext

In part 1, we looked at cash flow management and how to introduce it into your business. Here, we’ll be looking at cash flow planning and how it can set you up for success both today and later down the line.

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New Zealand Xero Awards 2022: Congratulations to our finalists

Xero

We’d like to thank everyone who stepped into the limelight and entered the Xero Awards New Zealand 2022. The quality of entries was amazing and seeing the role that Xero partners play in the small business community is so inspiring. Congratulations to our New Zealand Xero Awards 2022 finalists. Small Accounting Partner of the Year. Crux Advice & Accounting.

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3 proven data visualization methods for CPAs

Accounting Today

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9 Cloud Cost Mistakes You Don’t Know You’re Making

CloudZero

When you’re operating in the cloud, making the right decisions is not always easy because there’s a lot of ground to cover, especially with regard to cost. The elastic nature of cloud infrastructure means your costs could quickly spiral out of control if you don’t have guardrails in place to help keep costs down.

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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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Making Tax Digital – Top Tips For Small Business That Want to Avoid Penalties

Dext

As a business owner, when you think about Making Tax Digital (MTD), do you instantly think of compliance and avoiding penalties? You’re not alone. But you could be missing a trick.

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Control your business cash flow using bank payments within Xero

Xero

Wouldn’t it be great if you had more control over when your customers paid you? Think of all the admin you could avoid, the countless hours saved. It’d be great for your stress levels too, with less worrying about whether you can cover your overheads for the month and none of those awkward phone calls to chase overdue invoices. . The good news is you can control when your customers pay you, with bank payments powered by GoCardless.

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How student loan relief can turbo-charge retirement savings

Accounting Today

Tax 273
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The 15 Best GCP Cost Optimization Tools (Updated 2022)

CloudZero

Cost management in Google Cloud Platform (GCP) can be complex. It's a lot like costs in Azure or AWS. Often, companies don't know where to begin when they receive 20-page invoices.

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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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Ep. 197: Rachel Baesler - Accountants as Business Partners for M&A

IMA's Count Me

Connect with Rachel Full Episode Transcript: Adam: Welcome back to another edition of Count Me In. The podcast that explores the world of business from the management accountants perspective. My guest today is Rachel Baesler, VP of financial reporting and technical accounting at FLEETCOR Technologies, a leading global business payments company. We talk a lot on this show about the need for accountants inside the organizations to partner cross-functionally with leaders and groups, driving busines

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Latest product news — September 2022

Xero

It was great to showcase our plans for new tools and features at Xerocon New Orleans last month. While we were busy connecting with our partners, Xero teams around the world were enhancing the features on our platform. Here’s an overview of the features we’ve released in the past month, and those that are coming soon. New features. Find the right document pack more easily — Global.

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AICPA proposes revisions to tax standards and 1040 crypto question

Accounting Today

Tax 273
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Corporate Profit Margins Widen Despite Inflation

NACM

U.S. corporate profit margins grew in Q2 to the widest in 72 years, according to Wells Fargo. They found that nominal profits for GDP rose 6.1% (not annualized) during the quarter on a pre-tax basis, "the fastest pace in a year." Not only that, the $175 billion gain in profits in Q2, "lifted overall corporate profits to a record $3.0 trillion."Furt.

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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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Student Loan Forgiveness Versus PPP Forgiveness

Cloud Accounting Podcast

Sponsors Relay: [link] uCollect: [link] Canopy: [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes 1:58 – Xero announces new initiatives, partnerships at Xerocon user conference [link] Xero Small Business Insights expands to the United States and Canada, providing timely updates on state of small business [link] Product wrap from Xerocon New Orleans 2022 | Xero Blog [link] Avalara partners wi

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Introducing our Xerocon Sydney event partners

Xero

When you’re at Xerocon Sydney on 7 and 8 September, please take the chance to find out about some of the best and most loved apps, tools and services from across the accounting and small business industries. This year, more than 70 cutting edge app partners from the Xero App Store will be exhibiting at Xerocon Sydney. Whether it’s help with payments, practice workflow management, time tracking or document management, there’s something for everyone.

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IRS reduces tax return backlog as AICPA urges penalty relief extension

Accounting Today

Tax 265
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3 Trends in B2B Credit: Podcast

NACM

? This week's episode of NACM's Extra Credit podcast hits 3?? major trends in the B2B credit world!1. The manufacturing sector is indicating recession conditions, according to the latest CMI report. Hear from Amy Crews Cutts;2. Commercial bankruptcy lawyers discuss the latest trends. Hear from Sharon Beausoleil;3. and how to make an argu.

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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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Tax Fraud Blotter: Contemptible

Accounting Today

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First Circuit win lets taxpayer sue IRS

Accounting Today

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Surprise: Borrowers may face up to $1,100 in state taxes on forgiven student loans

Accounting Today

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The next business model for accounting firms

Accounting Today

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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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Is your firm paying attention to the two most important words in the English language?

Accounting Today

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Crypto.com mistakenly transferred $7M to woman owed $70

Accounting Today

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Inflation makes it seem small businesses are growing, but report says otherwise

Accounting Today

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Tech News: Bloomberg launches Inflation Reduction Act resource

Accounting Today

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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.