Accounting Department

JANUARY 2, 2025

In today's fast-paced business environment, numbers alone won't cut it. It's about transforming those numbers into meaningful insights that can guide strategic decisions and drive growth. Financial analytics offers medium-sized businesses a powerful tool to convert raw data into actionable strategies, giving them a competitive edge. Let's explore how leveraging financial analytics can revolutionize business operations , improve decision-making, and enhance overall efficiency.

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Accounting Accounting 275

Analytix Finance & Accounting

DECEMBER 30, 2024

As a CPA firm, you already know that tax season brings the need for organization, meticulous attention to detail, and efficient processes to ensure success. Whether you offer tax services for a few clients or handle a higher volume, without preparation, this time can quickly become overwhelming, leading to bottlenecks, missed deadlines, and strained client relationships.

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oAppsNet

DECEMBER 31, 2024

Accounts payable (AP) fraud is a growing threat to businesses of all sizes. Fraudsters are becoming increasingly sophisticated, leveraging technology and exploiting vulnerabilities within AP processes to steal funds and manipulate financial records. As enterprises navigate this evolving risk, it’s crucial to understand the warning signs of accounts payable fraud and take proactive measures to address them.

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Accounting Today

DECEMBER 30, 2024

Canadian accounting firm Bench, which abruptly shut down last week, has been acquired by payroll and onboarding solutions firm Employer.com.

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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

Tax

Ace Cloud Hosting

JANUARY 1, 2025

In the ever-evolving world of accounting and financial services, staying inspired and innovative is essential. Professionals often find motivation from peers, mentors, and thought leaders who push boundaries and redefine.

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Financial Services Accounting Accounting 98

Accounting Department

DECEMBER 31, 2024

In an ever-evolving business landscape, anticipating and adapting to future challenges and opportunities is crucial for achieving long-term success. As companies strive to stay ahead, CFO support services have emerged as a vital component in future-proofing business operations. Providing expert financial guidance, strategic planning, and technological integration, these services play a pivotal role in ensuring stability and growth.

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Bookkeeping Services Bookkeeping Accounting Accounting 264

Accounting Today

DECEMBER 31, 2024

Experts expect 'scattershot, unhelpful reporting' of crypto assets and transactions for the first few years with the 1099-DA.

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Tax 317

Bookkeeping Express

DECEMBER 30, 2024

In a shocking turn of events, Bench Accounting, once a prominent player in the bookkeeping space, has ceased operations, leaving many small business clients scrambling to figure out what to do next. While the exact reasons for Benchs closure are still unfolding, early indicators suggest financial instability may have played a significant role. For thousands of small businesses who relied on Bench, this news is more than a headlineits a major disruption.

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General Ledger Bookkeeping Accounting Accounting 64

Invoicera

JANUARY 2, 2025

Financial management is particularly vital for small businesses since 61% rely on personal savings to meet their funding needs. The above statistics clearly depict how much of a requirement there is for financial management tools. Additionally, with the average loan under the SBA’s 7(a) program being approximately $479,685 in 2023, having robust financial management systems becomes crucial for businesses to handle loans effectively and avoid financial pitfalls.

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Jetpack Workflow

JANUARY 2, 2025

Whether your firm is undergoing personnel changes or you need to restructure your team for better alignment with your business objectives, there may come a time when you need to re-assign a client to a new accountant. While the client may not notice much difference with the change, communicating the details of this transition clearly and professionally is essential so they dont feel left in the dark.

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CPA Accounting Accounting Tax 52

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Accounting

Accounting Today

DECEMBER 30, 2024

In this final part of our annual AI Thought Leaders Survey, our experts share what they think of the technological singularity.

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AvidXchange

JANUARY 2, 2025

Have you noti ced inefficiencies in your accounts payable (AP) department ? It might be time for a change. Identifying signs like frequent errors, late payments , or audit challenges can highlight the need for automation. In this post, well explore key indicators that signal its time to streamline your AP workflow and boost efficiency with automation.

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AP Accounts Payable Accounts Payable Invoice Processing 52

IMA's Count Me

DECEMBER 29, 2024

Join us on this exciting episode of the Count Me In Podcast, where Adam Larson sits down with Mike Dion , an expert in FP&A and automation. Mike shares his fascinating journey from finance intern to automation advocate, revealing the transformative power of streamlining processes. Get ready to learn how simple tools like Excel can save hours in your workweek, and discover actionable insights on balancing work-life with smart automation.

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oAppsNet

JANUARY 2, 2025

Maintaining robust financial health is a top priority for companies of all sizes in today’s fast-paced business environment. One of the most critical aspects of economic vitality is efficiently managing the invoice-to-cash (I2C) process. This process encompasses everything from issuing invoices to receiving payments and directly influences cash flow, profitability, and overall business performance.

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Invoicing Collections Invoice Processing Reconciling 40

Advertiser: Paycor

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Accounting Today

DECEMBER 30, 2024

Accounting Today is looking for firms that belong in its prestigious annual rankings of the biggest practices in the field.

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Accounting Accounting 306

Insightful Accountant

JANUARY 2, 2025

The enforcement status of the CTA continues to shift following recent Fifth Circuit decisions. After initially granting the emergency motion to stay a nationwide injunction on December 23, the Fifth Circuit's merits panel reversed course.

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Bookkeeping Essentials

JANUARY 2, 2025

At the beginning of each year (January 1), you need to record your odometer reading. This figure becomes the last entry for your prior year log. It's a good idea to diarize this date so you don't forget.

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Fit Small Business

JANUARY 3, 2025

A jumbo loan, also commonly referred to as a jumbo mortgage, is a type of financing that is suitable for real estate purchases that exceed the maximum conventional loan amount designated by the Federal Housing Finance Agency (FHFA). These loans commonly have stricter qualification requirements but have comparable interest rates when compared with standard mortgage.

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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.

Accounting

Accounting Today

DECEMBER 31, 2024

The Internal Revenue Service issued final regulations for sales and exchanges of digital assets on the new Form 1099-DA for decentralized finance brokers, along with transition relief.

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Tax 289

Insightful Accountant

JANUARY 1, 2025

As a part of the Financial planning features available to QuickBooks Online Advanced users, a new 'Forecasts' functionality has been released. Presently it is available to all U.S. QBO-Advanced subscribers.

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QuickBooks 93

Invoicera

DECEMBER 30, 2024

Many aspects matter for a smooth-running cash flow, and one of them is billing. If done manually, it consumes a lot of time, and automation can make this billing process more efficient. Thus, the tech market offers many invoicing tools to make the job easy, and Zoho Books is one of them. Zoho Books is an India-based software that almost covers all the invoicing features, but there are people who are searching for alternatives.

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Invoicing Billing Accounting Software Bank Reconciliation 40

accountingfly

JANUARY 2, 2025

Top Remote Candidates This Week Are you in need of remote accountants? Accountingfly can assist you! Our ‘ Always-On Recruiting ‘ program allows you to connect with highly skilled and experienced remote accounting candidates without any upfront costs. Here are some of this week’s top remote tax and accounting candidates. Sign up now to receive the full list of available top accounting candidates on a weekly basis!

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CPA Accounting Accounting Financial Analysis 52

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.

Accounting Today

JANUARY 2, 2025

The worsening talent shortage and new policies from the Internal Revenue Service top the list of the stories our readers flocked to.

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Accounting Accounting Tax 279

Ace Cloud Hosting

JANUARY 1, 2025

“There are two types of companies: those who have been hacked, and those who don’t yet know they have been hacked.” This quote by John Chambers emphasizes that no organization.

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Outsourced Bookeeping

DECEMBER 30, 2024

The New Year is the perfect time to assess and improve the Financial health of small businesses. With a new year beginning, its a good time to review your bookkeeping systems, adopt best practices, and set the foundations for a good financial year. The purpose of this paper is to demonstrate how small businesses can increase their efficiency, reduce errors, and focus on development through the implementation of effective financial processes and outsourcing bookkeeping.

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Billing Platform

JANUARY 2, 2025

Managing payments and transaction records for your business seems easy enough, right? After all, if youre not doing it the business probably wont survive. But as businesses grow and cash flow increases, its harder for accounting teams to keep up. Manual spreadsheets can lead to errors. Detecting and preventing fraudulent payments to maintain compliance gets harder too.

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Reconciling Financial Records Invoicing Bank Reconciliation 52

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.

Accounting

Accounting Today

JANUARY 2, 2025

The PCAOB will be able to address situations in which a registered firm has ceased to exist, is nonoperational, or no longer wishes to remain registered.

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Auditing 264

Blake Oliver

JANUARY 2, 2025

Is your company losing 5% of revenue to expense fraud? A study by the Association of Certified Fraud Examiners (ACFE) says that organizations typically lose about 5% of annual revenue to fraud, much of it from questionable expense reports. On a recent episode of The Accounting Podcast , I shared some recent examples from The Wall Street Journal that highlight how creative employees can get: family gifts, vacations, even an RV charged to the company card.

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Expense Reports Accounting Accounting 52

Insightful Accountant

JANUARY 2, 2025

Murph summarizes the advantages of sound supply chain planning and procurement management if your business involves production/manufacturing or wholesale/retail sales. He overviews these capabilities within Oracle NetSuite.

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Bookkeeping Essentials

JANUARY 2, 2025

Closing the books is an important practice for any small business owner. Learning how to use QuickBooks Online to close your books is much simpler than some other accounting programs. Here's the why, when, and how to close the books in QuickBooks Online (QBO).

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QuickBooks Accounting Accounting 52

Advertiser: Paycor

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