FinOps Foundation

MARCH 21, 2024

Key Insight: The FinOps Framework has been updated to reflect the present-day practice of FinOps and to better align activities with best practices that maximize the business value of cloud. The 2024 revisions include updates to the definition of FinOps, changes to simplify the Framework organization, improvements to the Domain and Capability names, and an augmented set of Personas and Capabilities that are central to modern FinOps practices.

FinOps 130

FinOps FinOps 130

Accounting Today

MARCH 22, 2024

KPMG Digital Gateway adds gen AI capacities; Chime now offers in-app tax filing; Financial Cents new ReCats tackles uncategorized client transactions; and other accounting tech news

Tax 305

Tax Accounting Accounting 305

Xero

MARCH 21, 2024

Dive into the world of franchising in this Q&A with Lime Licensing ’s CEO, Andy Cheetham, as he shares his expertise, insights, and advice for businesses looking to franchise. How can a business determine if its model is suitable for franchising? Franchising is all about replication. If your current business can create a clone of itself in another location then it’s likely that your clone could be a franchise, provided it can be profitable of course!

XERO 294

XERO Deposits Bookkeeping 294

Intuit

MARCH 22, 2024

March is a special month because it honors the contributions and achievements women have made throughout history. The theme for Women’s History Month in 2024 is inspiring inclusion, which recognizes the importance of embracing everyone and excluding no one. At Intuit, we recognize that individuals are multi-layered, and their experiences shape who they are.

QuickBooks 263

QuickBooks Collections 263

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.

Accounting

Accounting Department

MARCH 20, 2024

QuickBooks Online makes a chart of accounts accessible, but it's up to you to tailor it to your business's unique structure and financial tracking needs.

QuickBooks 222

QuickBooks Accounting Accounting 222

Accounting Today

MARCH 21, 2024

The Securities and Exchange Commission has charged two separate investment advisors for severely overstating their use of AI and machine learning for financial advice.

305

305

Cevinio

MARCH 21, 2024

Transform your Accounts Receivable processes with the right automation solution. Learn how to choose the best AR automation tool to boost efficiency, accelerate payments, and optimize cash flow.

Accounts Receivable 100

Accounts Receivable Accounts Receivable Account Receivables AR 100

Accounting Department

MARCH 21, 2024

This comprehensive guide illuminates the value proposition that outsourcing Financial Planning and Analysis can offer to small and medium-sized businesses.

Financial Operations 198

Financial Operations Financial Operations Accounting Accounting 198

Accounting Today

MARCH 20, 2024

Senior leaders from Accounting Today's Top 100 Firms and Regional Leaders share their biggest concerns for the year ahead.

Accounting 352

Accounting Accounting 352

Xero

MARCH 18, 2024

In Xero we’ve improved how you adjust your financial year-end settings. To see the latest changes check out this article – setting up your organisation’s financial settings. The start date for Basis Period Reform is fast approaching. From April 2024, your sole trader and partnership clients will need to follow a tax year basis for Income Tax as part of HMRC’s Basis Period Reform.

XERO 173

XERO Tax Bookkeeping Billing 173

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.

Insightful Accountant

MARCH 21, 2024

Contributing Author Katie Thomas, CPA shows you how you can not only make it through "the busy season' by help future-proof your firm by adopting AI and proactive strategies.

CPA 110

CPA 110

Cevinio

MARCH 19, 2024

Discover the best accounts payable tool for your business with our comprehensive guide. Maximize efficiency, minimize errors, and optimize.

Accounts Payable 100

Accounts Payable Accounts Payable Accounting Accounting 100

Accounting Today

MARCH 20, 2024

The Public Company Accounting Oversight Board imposed a total of $150,000 in fines against three partners at KPMG's firm in mainland China for violating PCAOB standards and imposed sanctions on them.

Accounting 294

Accounting Accounting Auditing 294

Xero

MARCH 17, 2024

Recently, small businesses have had to navigate some pretty significant headwinds in the macroeconomic environment. Persistent inflation has led to rising interest rates, flowing through to slowing economic growth. The unemployment rate is still low, which is great news… except if you’re a small business looking for staff. Yes, these issues are all featured widely in the media.

XERO 163

XERO Bookkeeping Accounting Accounting 163

Advertisement

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.

AP

Insightful Accountant

MARCH 20, 2024

The introduction of Microsoft 365 Copilot, the powerful new AI assistant integrated across Microsoft's productivity apps, promises to transform the way professional firms operate, including accounting and tax practices.

Tax 105

Tax Accounting Accounting 105

Bookkeeping Express

MARCH 22, 2024

As Artificial Intelligence (AI) moves to the top of the buzzwords in today’s business world, we decided it was time to take it out for a spin and test its insights. We asked ChatGPT, Google’s free AI engine, some of the more pertinent questions for business owners. See some of those questions and answers below, as well as an exclusive look at how BKE is training an AI engine to provide even more useful information to our clients.

Bookkeeping 98

Bookkeeping Bookkeeping Services Tax Financial Statements 98

Accounting Today

MARCH 21, 2024

The Senate Finance Committee held a hearing to discuss the Biden administration's recently unveiled budget and tax proposals, as tax experts try to predict what will happen after the election.

Budgeting 286

Budgeting Tax 286

RevCycle

MARCH 20, 2024

The idyllic landscapes and tight-knit communities of the Great Lakes region mask a growing concern – the financial struggles of rural healthcare. These facilities, often the sole source of medical care for miles around, face unique challenges in maintaining financial margins and collecting patient revenue. This article explores the financial struggles of rural healthcare in the Great Lakes region and proposes solutions, including implementing flexible payment policies, up-front collections, and

Collections 98

Collections Billing Revenue Cycle 98

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.

Insightful Accountant

MARCH 18, 2024

Implementing a four-day workweek can boost productivity by 77%, improve work-life balance, reduce absenteeism, and save costs. However, it requires careful planning and execution, which may seem daunting in busy accounting and tax practices.

Tax 103

Tax Accounting Accounting 103

Ace Cloud Hosting

MARCH 21, 2024

UltraTax CS by Thomson Reuters is a popular tax preparation and filing software with advanced features. However, with a local UltraTax setup, you get limited data accessibility. You get stuck.

Tax 90

Tax 90

Accounting Today

MARCH 19, 2024

The Internal Revenue Service hasn't fully updated its plans to use the tens of billions of dollars in additional funds provided by the Inflation Reduction Act, according to a new report.

Tax 284

Tax 284

Cloud Accounting Podcast

MARCH 18, 2024

Here's a preview of Blake's recent appearance on Federal Tax Updates, where he joined host Roger Harris to unpack some of the biggest tax stories making headlines, from a federal court ruling deeming a new business reporting law unconstitutional to the staggering estimates of tax evasion by the wealthy. To hear the complete discussion, visit Federal Tax Updates: [link] Need CPE?

Tax 61

Tax Accounting Accounting 61

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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!

Accounting

Insightful Accountant

MARCH 17, 2024

As a part of the enhanced emphasis for QuickBooks users to migrate from Desktop to Online, Intuit is actually making changes in QBO to 'make it more like desktop.

QuickBooks 108

QuickBooks 108

Earmark Accounting Podcast

MARCH 22, 2024

Do you have clients living or working abroad who could save big on their taxes? In this episode, expat tax specialist Vincenzo Villamena outlines creative strategies US citizens overseas can use to legally reduce their tax burden. Learn how your expat clients can exclude $120,000 in foreign earned income, set up offshore corporate structures to cut their tax rate in half, eliminate 15% self-employment tax, and more.

Tax 59

Tax Billing CPA 59

Accounting Today

MARCH 21, 2024

The Internal Revenue Service is urging businesses that have filed claims for the Employee Retention Credit to make sure they didn't incorrectly claim the credit and to come forward if they did.

Tax 280

Tax 280

Economize

MARCH 22, 2024

Introduction As businesses grow, their need to handle large volumes of data and tasks increases. Automation and workflow integration help businesses scale their operations and eliminate the need for human intervention in repetitive, daily tasks.

Computation 59

Computation 59

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

Insightful Accountant

MARCH 19, 2024

Sunsets are not always as beautiful as the one depicted. and so it may be for many who are using QuickBooks Desktop 2021 products when those products 'sunset' on May 31, 2024.

QuickBooks 96

QuickBooks 96

accountingfly

MARCH 21, 2024

Remote Accounting Candidates This Week Are you struggling to hire remote accountants? Accountingfly is ready to partner with you. With Always-On Recruiting , you can gain full access to a pool of highly skilled and experienced remote accountants. Plus, there’s no up-front cost! Below is a small selection of our available top accounting candidates this week.

Accounting 59

Accounting Accounting Financial Statements Payroll 59

Accounting Today

MARCH 18, 2024

Deloitte is looking to overhaul its structure as the professional services firm looks to cut costs ahead of a market slowdown, according to the Financial Times.

Accounting 300

Accounting Accounting 300

Economize

MARCH 18, 2024

In today’s digital age, where speed and accessibility are the prime factors of website performance, content delivery plays a crucial role in ensuring optimal user experiences. Azure CDN is a dynamic content delivery network (CDN) with a distributed network of servers, which helps you elevate your content delivery strategy.

Computation 59

Computation 59

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.

Accounting