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 220

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: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

AP

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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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 227

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 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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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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It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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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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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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

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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Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

Payroll

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

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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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

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

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 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

Blake Oliver

JANUARY 1, 2025

Sometimes, the best businesses start by accident. Erica Goode, CPA, once managed billion dollar budgets for a Fortune 50 company. When she left that job to give her all to being a mom, she wasn't thinking about launching her firm. Then, one day at her daughters Taekwondo class, she casually offered to help the owner with an accounting problem. That moment sparked something unexpected.

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CPA Accounting Accounting Budgeting 52

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

CPA

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

Insightful Accountant

JANUARY 2, 2025

In this Tech Stack series with Kellie Parks CPB, we will cover the essential technology for building a harmonious onboarding experience that sets the stage for respectful, professional client relationships with your firm.

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CSI Accounting & Payroll

JANUARY 1, 2025

Not a lot of people understand what monthly accounting is. (After all, its not exactly one of the more common accounting solutions.) That means when prospective clients contact us, they often have assumptions about what we do.

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Accounting Accounting Small Business Accounting Tax 52

Blake Oliver

DECEMBER 31, 2024

Want to take on more tax clients without working longer hours? ShareFile just launched their channel on Earmark, and their first course shows exactly how to do this. Kenyatta Styles and Quinton Buesching walk you through: Streamlining your document collection process Setting up automated workflows that actually work Making client onboarding less painful Managing documents securely (because nobody wants a data breach) Ready to streamline your tax season?

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Tax Collections Accounting Accounting 52

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

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

Insightful Accountant

JANUARY 2, 2025

Accounting firms face numerous challenges, from inefficiency to miscommunication and time-consuming manual tasks. Zoho Practice is a comprehensive platform designed to streamline your operations.

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Accounting Accounting 52

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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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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Bleisure travel — where employees combine work and leisure — has been around since the advent of corporate travel and is here to stay. Successful bleisure policies strike a balance between employee preferences and company goals — workers report a 64% improvement in work-life balance, while companies benefit from reduced travel costs and increased workforce innovation.