Sat.Dec 21, 2024 - Fri.Dec 27, 2024

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Essential Insights on Zero-Based Budgeting Techniques

Intuit

Understanding zero-based budgeting Do you know exactly where every dollar you earn goes each month? If you dont, zero-based budgeting might be worth a try. This popular budgeting method asks you to allocate every dollar you earn to specific expenses, giving each of those dollars a specific job. Unlike traditional budgets that might leave room for overspending, zero-based budgeting aims for precision.

Budgeting 130
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Unlocking Growth: How Accurate Financial Reporting Can Propel Your Business Forward

Accounting Department

In the dynamic world of medium-sized businesses, growth isn't just a goalit's a necessity for survival and success. Yet, achieving sustainable growth requires more than just ambition; it demands a strategic approach powered by accurate financial insights. This is where precise financial reporting becomes a game-changer, offering a roadmap to navigate the complexities of business expansion.

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Unlocking the Full Cycle: Why Accounts Receivable Automation Complements Your AP Strategy

Nanonets

Automation has revolutionized the way finance teams operate, with accounts payable (AP) automation being the go-to first step for businesses looking to improve efficiency and cut costs. Companies like Nanonets and Centime have made AP processes smarter, faster, and more streamlined through cutting-edge technology, while also paving the way for more comprehensive financial solutions.

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Appeals court reinstates injunction on beneficial ownership reporting

Accounting Today

A federal appeals court has reversed itself, reinstating an injunction on beneficial ownership information reporting by businesses only days after lifting it.

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Building a Business Case for Finance Automation

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.

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6 Practical Budget Apps for Your Finances

Intuit

6 best budgeting apps for managing your money Theres no limit to what the smartphone in your pocket can do. Sure, its a great source of news and entertainment, but it can be a tool to help you get ahead. And, if your finances are an area youre looking to improve, theres no shortage of budgeting apps to help get you on track. However, the challenge becomes wading through the sea of options and choosing the one that works for you.

Budgeting 130
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The Hidden Costs of In-House Accounting: Is Outsourcing the Answer?

Accounting Department

For many medium-sized businesses, the decision to maintain an in-house accounting team seems like a straightforward choice. After all, having an on-site dedicated team can seem beneficial for managing financial operations closely. However, beneath the surface lies a myriad of hidden costs that can significantly impact your bottom line. This blog post explores these hidden costs and examines whether outsourcing accounting functions might be a smarter, more efficient alternative.

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The best and worst states for individual taxes in 2025

Accounting Today

From those with no individual income tax at all, to those with complex tax structures a guide to most and least competitive states when it comes to individual income taxes.

Tax 317
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Budgeting guidelines for living expenses

Intuit

Table of Contents What are living expenses? Categories of living expenses How to budget for monthly living expenses Budgeting tips Manage your living expenses for a brighter financial future When managing your money, living expenses are the heavy hitters. You know, those recurring costs that keep a roof over your head, food on your table, and the lights on.

Budgeting 130
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8 Ways Outsourcing Tax Preparation Can Help CPA Firms Meet Deadlines

Analytix Finance & Accounting

Tax season. Just hearing the word is enough to send a shiver down a CPA’s spine. The endless paperwork, the complex regulations, and the looming tight deadlinesits a challenging time for every accounting firm. But what if there was a smarter, more efficient way to handle the rush? Turns out, there is! By outsourcing your tax preparation. Outsourcing can help your CPA firm not just meet deadlines; it can completely transform how you approach tax season.

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The Hidden Pitfalls of Showback: Why Your Cost Allocations Might Be Wrong

finout

Struggling with unpredictable AWS cloud bills, internal conflicts over cost allocations, and endless manual work in spreadsheets? Youre not alone. Managing AWS cloud costs can be trickyrandom allocations of discounts, including Reserved Instances (RIs), Savings Plans (SPs), and Spot Instances, often lead to unpredictable bills, internal friction, and missed optimization opportunities.

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Fall In Love With the Month-End Close

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.

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IRS to send out $2.4B for unclaimed credits

Accounting Today

The agency will send out checks for up to $1,400 to taxpayers who didn't claim the Recovery Rebate Credit.

Tax 306
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What is a budget? 

Intuit

Table of Contents Why do you need a budget? Types of budgets How to start a budget Common budgeting mistakes Start budgeting today for a better financial future A budget is a summary of how much money you bring in and how much you spend. Think of it as a financial roadmap to measure and guide your income and expenditures for a certain period, such as a month, quarter, or year.

Budgeting 130
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What Is AI and How Can It Impact Your Business?

NextProcess

Its impossible to ignore the topic of artificial intelligence (AI) in the modern world. Even if youre not using any of the generative AI tools like ChatGPT, you still encounter AI all over the place. Google searches now return an AI-generated summary at the top of the page. AI-powered algorithms drive what posts you see on social media. Many email programs offer prompts while youre typing based on AI predictions of what you want to say next.

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App Aware: Clear Path to Cash

Insightful Accountant

In this edition of App Aware we look at the Clear Path to Cash App that empowers Advisors to find hidden cash and maximize Business value.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

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.

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If accounting is transforming, CPE should too

Accounting Today

Is most CPE content not good because nobody cares enough to make investing in it worthwhile, or does nobody care about CPE?

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What to include in a budget: 10 types of expenses

Intuit

Table of Contents Types of expenses Expenses to include in your budget Tips for managing your budget Putting your budget to work A budget is a financial record of your income and expenses over a set period of time. People often calculate and analyze their budgets yearly, quarterly, or monthly. Some might even track their expenses daily if theyre adamant about getting a handle on where their money is going.

Budgeting 130
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The Hardest Firm Owner Trait to Master

Future Firm

What trait sets successful firm owners apart? In this episode, I share the key quality for achieving your ideal work-life balance. The post The Hardest Firm Owner Trait to Master appeared first on Future Firm.

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Advisor Alliance: InsureTax

Insightful Accountant

We've previously introduced you to InsureTax, a new way to insure against losses resulting from an IRS tax audit. now let us tell you about the partner program InsureTax offers.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

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.

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Aiwyn raises $113M in funding

Accounting Today

The money will help it expand from payments and collections to a broader practice management platform, and to develop a tax solution.

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Understanding budget templates

Intuit

Table of Contents What is a budget template? Types of budget templates Benefits of using a budget template Budgeting templates help you avoid these common pitfalls Budgeting is made easy with budget templates Budget templates provide a framework for organizing income and expenses, helping users gain a clear picture of their finances. Whether you’re a budgeting beginner or have some experience, a template is always a good idea.

Budgeting 130
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If Your Balance Sheet is Wrong, So is Your Profit and Loss Statement. Here’s Why.

CSI Accounting & Payroll

If youre like most small business owners, your Profit & Loss Statement (also called P&L or Income Statement) is your holy grail. Your Balance Sheet thats another story. You might even know that its wrong and still not care.

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Happy Holidays from Insightful Accountant

Insightful Accountant

Please be safe as you observe this holiday season.

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Cash Flow Secrets Every Upskilled CPA Should Know

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.

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AICPA wants SEC to reject PCAOB rules on firm and engagement metrics

Accounting Today

The American Institute of CPAs is asking the Securities and Exchange Commission to reject the Public Company Accounting Oversight Board's recent standard.

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Understanding zero-based budgeting

Intuit

Table of Contents What is zero-based budgeting? Zero-based budgeting example Pros and cons of zero-based budgeting Creating your zero-based budget Enhancing your zero-based budget Do you know exactly where every dollar you earn goes each month? If you dont, zero-based budgeting might be worth a try. This popular budgeting method asks you to allocate every dollar you earn to specific expenses, giving each of those dollars a specific job.

Budgeting 130
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Bookkeeping Contract (Free Template + Instructions)

Future Firm

Clearly define services and timelines to deliver great results while enjoying more free time with our bookkeeping template and expert tips. The post Bookkeeping Contract (Free Template + Instructions) appeared first on Future Firm.

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2025 ProAdvisor Application Process Remains Open

Insightful Accountant

Holiday Leave is the perfect time to 'apply for' (or complete) your 2025 ProAdvisor Awards. Remember, you only have until February 11, 2025 to get those applications in for awards.

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Profit in the Details: Rethinking Spend for Monumental Impact

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

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IRS proposes new requirements for tax pros

Accounting Today

If enacted, the regs would require practitioners to maintain a certain level of technological competence, among other things.

Tax 290
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6 best budgeting apps for managing your money 

Intuit

Table of Contents Best budgeting apps YNAB EveryDollar Goodbudget PocketGuard Monarch Money Quicken Simplifi NerdWallet Spendee EasyBudget MyMoney How we identified the apps on this list Get the most out of your favorite budgeting apps Theres no limit to what the smartphone in your pocket can do. Sure, its a great source of news and entertainment, but it can be a tool to help you get ahead.

Budgeting 130
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Bitcoin: Prudent Investment or Pricey Gamble?

Earmark Accounting Podcast

Blake challenges guest Noah D. Buxton, Co-Founder and CEO of The Network Firm, to make the case for Bitcoins lasting value. They explore the nature of money, the complexities of digital scarcity, the inevitability of tokenized real-world assets, and the forces driving institutional interest in cryptocurrency. This candid exchange offers insights into what truly underpins Bitcoins worth, how regulators and investors view it, and why blockchain technology is poised to reshape finance as we know it

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New Pathways to CPA Licensure Address Industry Talent Shortage

Insightful Accountant

The accounting profession is undergoing significant changes in how it approaches CPA licensure, driven by an urgent need to attract new talent. Many view the traditional CPA path's return on time investment as insufficient.

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Navigating Bleisure Travel: A Guide for Mid-Sized Companies

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.