Sat.Jan 13, 2024 - Fri.Jan 19, 2024

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Finding a mentor: When, where, and how

Intuit

A mentoring relationship can help technology professionals at any stage identify new growth opportunities, gain perspective on the challenges they face, and build a network of support as they advance. That’s especially important for women and other underrepresented groups in tech, who often face structural disadvantages and lack a sense of belonging at work.

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Business Tax Deadline 2024: Things You Should Know This Tax Season

Ace Cloud Hosting

Tax season 2024 has begun. The Internal Revenue Service (IRS) expects businesses and individual taxpayers to file over 168 million returns before April 15. Read on for a detailed view.

Tax 111
professionals

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How To Get Vendors To Pay On Time, Every Time

The Successful Bookkeeper

After providing great services, it's really frustrating not to get paid on time, isn't it?

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8 Ways to Use AI in Financial Services  

AvidXchange

This year, artificial intelligence (AI) played a pivotal role in revolutionizing how businesses operate. It’s significantly transformed operations, strategies and customer interactions across industries. Due to their ability to process vast amounts of data rapidly and accurately, AI applications are particularly well-suited to the financial services industry.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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.

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How to Solve Real-Life Problems of Bank Reconciliations (With Examples)

Nanonets

Bank reconciliation is the process of matching the company’s cash ledger with the bank statements. The objective is to scrutinize each transaction and identify any errors or potential fraud. The two ledgers generally don’t match due to factors such as bank fees, interest, outstanding checks, and deposits in transit. These discrepancies must be accounted for in a bank reconciliation statement to represent the current financial position accurately.

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IRS offers guidance on tax credits for EV charging stations

Accounting Today

The Internal Revenue Service and the Treasury released information on tax incentives for installing electric vehicle charging stations and where they can be located.

Tax 337

More Trending

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Overcoming Hurdles with Outsourced Client Accounting Services

Accounting Department

As a business owner, you can face various challenges, from any direction. From staffing woes to cash flow issues and the ever-growing threat of cybercrime, you’re constantly juggling risk and reward to keep your business afloat.

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How to Make Money Online: 5 Financial Jobs You Can Do from Home

Intuit

Table of Contents Tax and Bookkeeping Side Jobs You Can Do From Home No Experience, But Want to Get Into Accounting or Finance? Tips for Making Money Online Conclusion Whether you’re on the lookout for a new side hustle, working from home provides many opportunities to earn money online. Finance and accounting in particular offer plenty of convenient and profitable online jobs from home that you can complete with a computer and some basic office supplies.

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IRS and Treasury give businesses reprieve on digital asset reporting

Accounting Today

The Internal Revenue Service and the Treasury Department told businesses they won't have to report on the digital assets they receive until regulations are issued.

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Dynamics User Group Meetups: Building Connections and Community

Fidesic blog

This past Tuesday, February 13th, members of the Fidesic team participated in the Grand Rapids Q1 Dynamics User Group (DUG) meetup at The High Five GR event space. During this meeting, members discussed relevant topics to Dynamics 365 Business Central, Power Platform, and shared experiences and challenges as Dynamics users.

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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

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.

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Rolling Forecasts To Help Business Owners Stay In The Know

Accounting Department

It has been said that human capital is an organization's most valuable asset in today's climate. However, managing your financial assets is the ultimate responsibility of the company leadership. Without sound financial planning and asset management, a business can't thrive. And, ultimately, your human assets will suffer. Forecasting is an essential part of the equation.

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The Ultimate Guide to CPA Jobs: Everything You Need to Know

Intuit

Table of Contents What Is a CPA? CPA Jobs and Specializations CPA Job Description How to Become a CPA CPA Job Outlook CPA Job Salaries Remote CPA Jobs Freelance CPA Jobs Available Jobs for CPAs at Intuit Entry-Level CPA Jobs What is a Certified Public Accountant’s job? CPAs are accounting professionals who work in a variety of finance-related roles.

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State and local tax cases bear watching in 2024

Accounting Today

Companies and state tax authorities are embroiled in court cases that could have a major impact on how states handle taxes on digital advertising, online sales and transfer pricing.

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Fidesic Features Spotlight: Invoice Payments

Fidesic blog

Looking to digitize vendor payments? Fidesic’s vendor payment solution is your best tool for paying invoices out of Microsoft Dynamics GP and BC.

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The Definitive Guide to Spend Management

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.

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Soon To Be Released: QuickBooks Solopreneur

Insightful Accountant

Intuit will soon introduce another versions of QuickBooks Online for solopreneurs who need more than QuickBooks Self-Employed but less than QuickBooks Simple-start.

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Top 10 Accounts Payable Best Practices 

AvidXchange

Accounts payable (AP) is a critical function within any business. AP staff ensure the company’s bills are paid, and they create reporting that is essential for financial forecasting. To make sure your AP department is operating at an optimal level , consider implementing these accounts payable best practices. 1. Enter Invoices Promptly Enter invoice data into your AP system without delay upon receipt.

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Congressional leaders agree on tax extenders deal

Accounting Today

The chairs of Congress's two main tax committees announced a deal to extend a number of expired tax credits and tax breaks, including the expanded Child Tax Credit.

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QuickBooks Cloud VS Desktop: Which one to Choose?

Ace Cloud Hosting

QuickBooks is a premium accounting application that is widely used across multiple industries. Many businesses have used it traditionally for the past few years through on-premises desktops. But the growth.

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Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

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.

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QBO Advanced Revenue Recognition Enhancements

Insightful Accountant

QBO Advanced has made enhancements to its revenue recognition feature to provide even more sophisticated functionality to users who must comply with GAAP's ASC 606 standard.

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2024: Your Year to Shine in Patient Experience

RevCycle

The year is 2024, and the patient experience has never been a more vital component of RCM. Patients are no longer passive recipients of care; they’re informed consumers who demand a positive and seamless experience. To thrive in this new era, medical facilities must prioritize patient experience like never before. But where do you start? Fear not, fellow healthcare heroes!

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IRS issues guidance on religious exemptions from business e-filing

Accounting Today

The Internal Revenue Service offered information about how business owners can avoid electronically filing their income tax forms if it violates their religious beliefs.

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14 Tips for Preventing and Managing Cash Flow Challenges 

Nolan Accounting Center

Cash flow has been widely heralded as the “lifeblood of business.” Jack Welch, former General Electric CEO and author stated, “If I had to run a company on three measures, those measures would be customer satisfaction, employee satisfaction, and cash flow.” Noted management guru Peter Drucker said pointedly, “Entrepreneurs believe that profit is what matters most in a new enterprise.

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Your New & Improved Month-End Close Process Is Not So Far Out of Reach!

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!

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Another Look at Dryrun

Insightful Accountant

Murph takes 'another look' at Dryrun, financial forecasting and scenario modeling software that integrates with QuickBooks Online, Xero and other platforms.

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Top 15 Tax Season Tips For Busy Accountants That You Haven’t Heard Of

Ace Cloud Hosting

The tax season is not far away. Like every year, the tax preparers are gearing up to beat this hectic time by eliminating any chink in their armor. So, as.

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New Jersey CPAs pitch accounting careers to high school students

Accounting Today

Over 60 members of the New Jersey Society of CPAs visited 65 high schools in the Garden State last fall to tell students about accounting careers and how to become a CPA.

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Functional currency definition

Accounting Tools

What is a Functional Currency? A functional currency is the currency used in the primary economic environment where an entity operates. This is the environment in which an entity primarily generates and expends cash. You should consider the following primary factors in determining an entity’s functional currency: The currency that primarily influences sales prices (usually the currency in which prices are denominated and settled).

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Putting the ‘Tech’ in Spend Management Techniques

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!

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Third-party Nomination Period for ProAdvisor Awards Extended

Insightful Accountant

Due a 10-day long technical glitch with Third-party nominations, Insightful Accountant is extending the 2024 ProAdvisor Awards Nomination-period by a Third-party until January 30, 2024.

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AI for Accountants - Exploring RightWorks Spark

Cloud Accounting Podcast

Blake and David meet up with TJ Lewis and Aaron Van Ruler from RightWorks about their new AI tool called Spark, built specifically for accountants on top of ChatGPT. They discuss how Spark helps accounting professionals by providing industry-specific content, tools, and assistants to enhance efficiency and expertise. TJ and Aaron also share details on Spark's capabilities, roadmap, and potential integration with other RightWorks products.

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IFAC offers overview of accounting sustainability literature

Accounting Today

The International Federation of Accountants reviewed the most helpful research by academics, accounting organizations and firms on the role accountants are playing in ESG reporting and assurance.

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The difference between a journal and a ledger

Accounting Tools

What is a Journal? There may be several journals, each one usually dealing with high-volume areas, such as purchase transactions, cash receipts, or sales transactions. Less frequent transactions, such as depreciation entries, are generally clustered into the general journal. Information is recorded in journals in chronological order by individual transaction, which makes it easier to sort through information and find the specific items that users need.

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Global Accounting Principles and Commission Capitalization

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.