Sat.Jun 04, 2022 - Fri.Jun 10, 2022

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How to nail end of financial year: A guide for Australia’s self-employed

Xero

It’s no secret that end of financial year (EOFY) comes with its challenges for many self-employed Australians. Whether you’re a sole trader, side-hustler or freelancer, understanding deductions to super and taxes – on top of running your own show – is enough to make anyone’s head spin. Thankfully, there’s a way to make sense of it all. How? By talking to your advisor. .

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The keys to driving through change: It’s inevitable

Accounting Today

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Navigating the Complexities of Hybrid SaaS Billing Models

Sage Intacct

The SaaS industry and its various spin-off sectors have introduced a dizzying number of innovations into the business arena. One of the most important of these is pricing flexibility.

Billing 145
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What Is AWS Compute Optimizer? A Newbie-Friendly Guide

CloudZero

Rightsizing resources can optimize application performance and lower costs in the AWS. Contrary, over-provisioning AWS resources leads to unused capacity, which increases costs and cloud waste.

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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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Decarbonisation: What’s in it for accountants and bookkeepers?

Xero

As many of us continue to respond to the impacts of climate change, it’s important to consider how the small business landscape will change, not just for our small business customers but our accounting and bookkeeping partners too. When Xero was founded in 2006, we were just at the beginning of what was to become the new era of accounting, in the cloud.

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How accounting can adopt a ‘work smarter’ mentality through workflow automation

Accounting Today

More Trending

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60 SaaS Tools Successful SaaS Companies Use (Updated 2022)

CloudZero

SaaS tools enable companies of all sizes to get to market quickly, enhance their service delivery, and improve efficiency. By leveraging "ready-to-go" and "proven" platforms, SaaS companies can also avoid building systems from scratch, which is time-consuming and costly.

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Why this South African accounting firm will always put its people first

Xero

When we think about running a successful accounting practice, we often think of profit, efficiencies, choosing the right digital tools, marketing – the list goes on. These are all important, but an essential part of building a successful business is the people and culture. . You can have all the right technology, but you need the right people to back it up.

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A modern accountant’s guide to client accounting services

Accounting Today

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QuickBooks Connect: Everything You Need to Know

Future Firm

QuickBooks Connect is one of the most popular annual accounting conferences that’s geared toward QuickBooks users and accounting professionals. In this article, you’ll get: An overview of what this conference is all about. information about previous events. How much it costs to attend. Where you can find more information about the conference. … and more!

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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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9 Powerful Ways To Align Engineering And Product Teams

CloudZero

One of the best ways to achieve efficient product development is to make sure everyone involved with a project is on the same page, working toward the same ultimate goals. However, this is harder to do than it sounds.

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How to Solve Common Cash Flow Problems

Dext

The majority of business owners are well aware of the damage poor cash flow can cause. More alarmingly, 68% of small businesses now say they’re living through those cash flow problems. From late payments, to unwanted loans, and strained supplier relationships, the consequences of poor cash flow are widely known.

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Innovation and integrity are key to accounting’s future

Accounting Today

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Unit Metrics For Your FinOps Practice

The FinOps Alliance

In this blog, I will explain the importance of unit metrics for FinOps by describing a realistic scenario in which a unit metric is derived from an app function, and then used to build a workload efficiency KPI. Unit metrics Unit metrics are normalized metrics that help you consistently measure something important. It is not something exclusive to IT or cloud, but of course we will talk about it in this context.

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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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Get Started With Video

Bookkeeping Side Hustle

Resources for bookkeepers to get started using video This is a comprehensive list of resources for people using video. It is compiled from Kate’s own experience and also from the experience of panelists at the BKX 2022 Bookkeeping Conference. Notes Page - Click Here to get your copy Simple Script Outline For Your First Video Favorite Resources and Tips From BXK Panelists Make sure when accessing the Notes Page and the script that you make a copy of the document.

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The Accounts Receivable Processes Explained

AvidXchange

Accounts receivable (AR) refers to the outstanding invoices a company has or the money it is owed from its clients. In your personal life, an example of Accounts Receivable would be buying a ticket to a concert or sporting event for a friend with the understanding that they will pay you back later. It’s essentially an “IOU”. In business, AR represents a line of credit extended by a company, due within a relatively short timeframe, which could range from a few days to a year.

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Keys to driving through change: Managing change

Accounting Today

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David And Blake Go To The Movies

Cloud Accounting Podcast

Sponsors Digits: [link] A2X: [link] Canopy: [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes 3:27 – Val Kilmer's Dialogue in "Top Gun: Maverick" Was Read by AI Because He Can't Speak Anymore [link] How The Book of Boba Fett Tricked Fans With Luke Skywalker's Voice [link] 23:52 – Listener Mail – Thank you, Alison!

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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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Law Firms: Should You Outsource Your Bookkeeping?

OSYB

Bookkeeping is often the last thing on the minds of business owners. Who can blame them? They’ve got more important things to deal with. Here’s the thing: Bookkeeping may be monotonous, but it’s crucial for any business to succeed. For many businesses, outsourcing their books is the best course of action—especially law firms. Here are 5 reasons why you should outsource your law firm’s bookkeeping.

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The Accounts Receivable Processes Explained

AvidXchange

Accounts receivable (AR) refers to the outstanding invoices a company has or the money it is owed from its clients. In your personal life, an example of Accounts Receivable would be buying a ticket to a concert or sporting event for a friend with the understanding that they will pay you back later. It’s essentially an “IOU”. In business, AR represents a line of credit extended by a company, due within a relatively short timeframe, which could range from a few days to a year.

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Jumps at the pump prompt IRS mileage rate increase 

Accounting Today

Tax 300
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FCPA Compliance Software | Oversight Data Analytics

Oversight

FCPA compliance software is the key to success to ensure risk mitigation, or at least prove due diligence has occurred to prevent compliance violations. The benefit of the software is that it automates the production of FCPA data analytics.

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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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Diversity and inclusion in tech with Take2

Xero

Here at Xero, we actively support diversity, inclusion, and belonging in the workplace. We recognise that a diverse workforce is a strength that enables businesses, including ours, to better understand and serve customers, attract top talent and innovate successfully. Part of our work in this space in Aotearoa/New Zealand has included working alongside a charitable organisation called Take2.

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Special Episode of Extra Credit Podcast

NACM

?? This week we have a special episode of our Extra Credit #podcast … we take you to Louisville, KY where nearly 1000 business-to-business professionals and vendors gathered for NACM's 126th Annual Credit Congress earlier this week.Copy and paste the link to listen: [link].

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Whitehouse: A future without busy season

Accounting Today

Tax 300
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Accountants: What is the Best FreshBooks Plan for your Client?

Billah and Associates

FreshBooks, a professional accountant in Toronto is a Toronto-based user-friendly cloud-based accounting software, primarily for small and medium-sized businesses. From tracking day-to-day finances to providing expert accounting services, FreshBooks is a one-stop solution for businesses that require accurate, handy and reliable for a diverse client base.

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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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Ep. 185: Michael Teape - Maximizing human capital in challenging times

IMA's Count Me

Contact Michael Teape: [link] Teape Training International (TTI): [link] Get my FREE eGuide 7 Best Facilitation Tips to Ensure Engagement & Learning to ensure your Online Training Success -> [link] Full Episode Transcript: Adam: (00:05) Welcome back to Count Me In. I'm Adam Larson. Today, we welcome back Michael Teape to the podcast. Michael is a well known management coach and co-founder of Teape Training International.

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ICYMI: Latest Episode of Extra Credit

NACM

Greetings from Louisville, KY! Reminder: don't forget to check out episode 10 of NACM's Extra Credit podcast if you have not already: [link] and make sure to keep an eye out for this Friday's episode to hear special coverage from Credit Congress! ??.

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Inheriting a retirement plan? The IRS gets pushback to its stark proposal

Accounting Today

Tax 287
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TIGTA warns of IRS impersonation scams

Accounting Today

Tax 273
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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.