Accounting Department
NOVEMBER 14, 2023
As a small and medium-sized business (SMB) owner, managing your cash flow and expenses is crucial to keep your business afloat and profitable. But in today's ever-changing business landscape, controlling costs is easier said than done.
Invoicera
NOVEMBER 13, 2023
A strong business strategy is like the game of chess, where KPIs make every move easy. No doubt, in this competitive world, standing out is difficult. But what if you have a business strategy that makes it possible? Decisions that can mean the difference between thriving and merely surviving. But how can you ensure your choices are the right ones?
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MineralTree
NOVEMBER 16, 2023
Conducting a cash flow analysis is an integral part of running a business — dedicating time to this process can mean the difference between barely surviving and thriving. However a cash flow analysis is only as valuable as your ability to understand and interpret the results. By assessing your cash inflows and outflows, you can gain valuable insights into your organization’s financial health, helping you make informed decisions to sustain and scale your operations.
Accounting Today
NOVEMBER 15, 2023
While it initially garnered attention for its creative applications in content and image generation, the true potential of generative AI lies in its ability to unlock new ways of thinking in the business world.
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
How do you know if your accounting team is ready to automate the month-end close? Join us in this informative webinar, where we share the top 8 signs that indicate that a team has outgrown all existing tools and may be ready to embark upon month-end close automation. We will examine the process clues that help determine whether your team would be a good candidate for automation.
Nolan Accounting Center
NOVEMBER 15, 2023
As a small business owner, it’s important to be aware of the financial health of your business. One of the most powerful tools to help you analyze your business’s health is financial ratios. These ratios provide you with valuable insights into the performance, profitability, and overall financial stability of your business. Nolan Accounting can help you track the financial ratios of your Southeast Wisconsin business.
Xero
NOVEMBER 14, 2023
Many governments around the world are introducing eInvoicing as a way to drive digitisation of the small business economy, with some regions even mandating its use. While it’s still early days in the UK, we expect that eInvoicing will eventually become a global best practice standard and a natural part of the cloud accounting process. Today, we’re excited to share that we are the first major small business accounting software company to launch eInvoicing in the UK.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Accounting Today
NOVEMBER 14, 2023
Commissioner Danny Werfel and Taxpayer Advocate Erin Collins discussed the enhancements the IRS has been making thanks to the additional billions of dollars of funding.
Insightful Accountant
NOVEMBER 16, 2023
Navigating DCAA compliance can be daunting for contractors. Misinformation and myths add to the confusion. In this article, we debunk common myths about DCAA compliant timekeeping.
Xero
NOVEMBER 14, 2023
We’re very excited to reveal the global and regional winners of the inaugural Xero Beautiful Business Fund – each of whom will receive a share of the NZ$750,000 global prize pool. After receiving a massive 5,500+ applications across four categories and seven countries, our regional and global judging panels have selected a total of 28 winners.
Accounting Department
NOVEMBER 17, 2023
We are thrilled to announce that Episode 6 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.
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.
Accounting Today
NOVEMBER 16, 2023
Plus, Google wants you to ditch passwords, and eight other things that happened in technology this past month and how they'll impact your clients and your firm.
Insightful Accountant
NOVEMBER 16, 2023
New Sage Intacct release extends capabilities to consolidate financials for complex ownership structures, improve project management, integrate ministry financials, improve 1099 e-filing and respond to governance expectations
Xero
NOVEMBER 14, 2023
We recently launched a new initiative, the Xero Beautiful Business Fund , providing more than R8,000,000 in funding globally to our small business customers in South Africa, Australia, New Zealand, Singapore, the UK, Canada and the US. We received a huge number of applications from a diverse range of Xero customers, all doing amazing things. There were 28 winners overall, including four South African winners who were recognised for best demonstrating, in a 90 second video, how they would use the
Blake Oliver
NOVEMBER 17, 2023
I'm published in the Journal of Accountancy! You can now read my article, "How artificial intelligence can help save accounting," on the JofA website. ? Highlights include: Insights on how GPT is reshaping routine accounting tasks. A look at AI's potential to mitigate staffing issues and reduce burnout. Examples of AI's applications in accounting and their impact.
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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.
Accounting Today
NOVEMBER 13, 2023
The service's decision to destroy around 30 million unprocessed paper information returns to reduce its backlog during the pandemic probably had little effect on taxpayers, according to a new report.
Insightful Accountant
NOVEMBER 15, 2023
Xero unveils the recipients of the prestigious Xero Beautiful Business Fund and present an insightful State of the Industry Report. Join us as we delve into the world of fostering exceptional enterprises.
Xero
NOVEMBER 14, 2023
We’re excited to announce that we’ve launched a new tax manager feature in Xero HQ that will give you a real-time view of your tax obligations for company tax, company accounts, personal tax and VAT — all in one place. This means that as an accountant or bookkeeper in the UK, you won’t have to use three different dashboards to get the information you need.
RevCycle
NOVEMBER 15, 2023
Why do Americans have so much medical debt ? There are several reasons why Americans have so much medical debt. One reason is that the cost of healthcare in the United States is very high. According to the Kaiser Family Foundation, the average American family spent $28,166 on healthcare in 2020. This is much higher than what people in other developed countries spend on healthcare.
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.
Accounting Today
NOVEMBER 16, 2023
Thanks to the lower threshold, the service expects to receive about 44 million 1099-Ks in 2024, up from about 14 million.
Insightful Accountant
NOVEMBER 16, 2023
Intuit is "All In With ProAdvisors", so 'New' ProAdvisor training and certifications have just been released. Intuit will offer a QuickBooks Training and Certification Bootcamp in early December.
Xero
NOVEMBER 14, 2023
We’re excited to announce that we’ve launched a new tax manager feature in Xero HQ that will give you a real-time view of your tax obligations for company tax, company accounts, personal tax and VAT — all in one place. This means that as an accountant or bookkeeper in the UK, you won’t have to use three different dashboards to get the information you need.
Nanonets
NOVEMBER 14, 2023
Introduction Hey Sam! Ever felt like you're juggling too many balls in the air, trying to keep that sales pipeline flowing without a spill? In the ever-evolving world of sales, where targets loom large and time is of the essence, it's crucial to have the right quiver of tools at your disposal. But here’s the deal—finding the best sales pipeline management tools isn't just about staying ahead; it's about revolutionizing your approach.
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Did you know automating your month-end close can save up to 40% of the time typically spent on manual reconciliations? CFOs and controllers are leveraging SkyStem's workflow management and reconciliation tool to eliminate costly mistakes, ditch manual reconciliations and close faster. Want to know how they do it? Download our Quick Start Guide to a Crystal Clear Close!
Accounting Today
NOVEMBER 17, 2023
IFAC and FASB both appoint and reappoint board members; RSM raises $4.7M for nonprofits via Power of Love program; and more news from across the profession.
Insightful Accountant
NOVEMBER 14, 2023
For the next few months, accountants are fielding calls and emails with a tinge of desperation around payroll books that are a mess and reporting deadlines that seem impossible to meet. Let’s bring some peace to this process.
Xero
NOVEMBER 14, 2023
We recently launched a new initiative, the Xero Beautiful Business Fund , providing more than R8,000,000 in funding globally to our small business customers in South Africa, Australia, New Zealand, Singapore, the UK, Canada and the US. We received a huge number of applications from a diverse range of Xero customers, all doing amazing things. There were 28 winners overall, including four South African winners who were recognised for best demonstrating, in a 90 second video, how they would use the
Billing Platform
NOVEMBER 15, 2023
While the terms are typically used interchangeably, there are a few subtle differences between usage-based billing and metered billing – the most significant being in how charges are calculated. Usage-based billing calculates charges based on how much of a product or service is used. Whereas metered billing uses the amount of time customers use the product or service.
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!
Accounting Today
NOVEMBER 17, 2023
Plus, Sage releases new Intacct features; Liscio unveils new upgrades aimed at enhanced client experience; and other accounting tech news.
Insightful Accountant
NOVEMBER 13, 2023
The "show goes on," as the great 'Ring Master' said. QuickBooks Connect, is underway at the Aria Hotel & Convention facility, having narrowly averted a strike when MGM, Caesars and Winn Resorts all settled with the Food/Beverage/Hospitality workers.
Xero
NOVEMBER 13, 2023
We’re very excited to reveal the global and regional winners of the inaugural Xero Beautiful Business Fund – each of whom will receive a share of the NZ$750,000 global prize pool. After receiving a massive 5,500+ applications across four categories and seven countries, our regional and global judging panels have selected a total of 28 winners.
Cloud Accounting Podcast
NOVEMBER 17, 2023
CPA Exam prep rockstars Peter Olinto and Roger Philipp join Blake and David to discuss the evolution of the CPA Exam over time, the importance of making studying entertaining, and challenges facing the accounting profession like public accounting burnout. Both Olinto and Philipp believe competition between CPA review courses drives innovation and helps students pass the exam, and they aim to make studying engaging through humor, memory techniques, and technology.
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.
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