oAppsNet

DECEMBER 10, 2024

Accounts payable (AP) fraud is a significant threat to businesses of all sizes. Fraudsters are becoming increasingly sophisticated in exploiting vulnerabilities within the accounts payable process to misappropriate funds, steal from companies, or manipulate financial data.

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

AvidXchange

JANUARY 10, 2025

Consider several important elements when calculating accounts payable automation ROI, or use our AP automation ROI calculator below for an estimate of how much your company can save by automating accounts payable. Factors for Calculating Accounts Payable Automation ROI Calculating AP automation ROI involves several key factors.

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

oAppsNet

DECEMBER 31, 2024

Accounts payable (AP) fraud is a growing threat to businesses of all sizes. 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. Warning Signs of Accounts Payable Fraud 1.

Accounts Payable 52

Accounts Payable Accounts Payable AP Purchase Order 52

Counto

JANUARY 21, 2025

Accounting Firms vs. Individual Accountants: Which Is Right for Your Small Business? Choosing the right accounting support is essential for ensuring smooth operations and long-term growth. Heres why working with an accounting firm could be the smarter choice for your small business. Still doing accounting the old way?

Accounting 52

Accounting Accounting Bookkeeping Auditing 52

Accounting Tools

JULY 30, 2023

Related Courses How to Conduct a Compilation Engagement How to Conduct a Review Engagement How to Conduct an Audit Engagement What are Audit Procedures? Audit procedures are used by auditors to determine the quality of the financial information being provided by their clients, resulting in the expression of an auditor’s opinion.

Auditing 75

Auditing Financial Statements Invoicing Accounting 75

Accounting Tools

OCTOBER 9, 2023

Related Courses Guide to Audit Sampling Guide to Data Analytics for Audits How to Conduct an Audit Engagement What is Audit Sampling? Audit sampling is the use of an audit procedure on a selection of the items within an account balance or class of transactions.

Auditing 75

Auditing Accounting Accounting 75

Accounting Tools

SEPTEMBER 19, 2023

Related Courses How to Conduct an Audit Engagement What is an Operational Audit? An operational audit is an examination of the manner in which an organization conducts business, with the objective of pointing out improvements that will increase its efficiency and effectiveness.

Auditing 75

Auditing Financial Statements 75

Counto

MARCH 23, 2025

Why Non-Profit Organisations in Singapore Need Specialised Accounting Services Non-profit organisations (NPOs) in Singapore operate with a mission to serve communities, advance causes, and create positive social impact. Unlike commercial businesses, non-profits face unique accounting challenges from fund tracking to regulatory compliance.

Accounting 52

Accounting Accounting Financial Reporting Budgeting 52

Nolan Accounting Center

SEPTEMBER 15, 2023

Most of the time, small business returns are not audited. In November 2021, the IRS announced that audits would increase by 50% in 2021. Nolan Accounting Center can help your Southeast Wisconsin business with your financials. Nolan Accounting Center can help your Southeast Wisconsin business with your financials.

Auditing 92

Auditing Tax Accounting Accounting 92

Counto

JANUARY 10, 2025

Cryptocurrency Accounting for Small Businesses in Singapore As cryptocurrency continues to gain popularity worldwide, many small businesses in Singapore are exploring its potential as an alternative form of payment or an investment option. Understanding how to account for cryptocurrency is critical.

Accounting 52

Accounting Accounting Record Keeping Tax 52

Accounting Tools

OCTOBER 21, 2023

Related Courses How to Conduct an Audit Engagement The purpose of an audit is for an independent third party to examine the financial statements of an entity. Related Articles The Difference Between an Audit, a Review, and a Compilation The Difference Between Internal and External Audits

Auditing 75

Auditing Financial Statements Accounting Accounting 75

Counto

MARCH 24, 2025

Accounting For Project-Based Businesses: Tracking Profitability By Job If your business delivers services on a project or job basis such as construction, design, consulting, or IT tracking overall revenue isnt enough. Thats where job-level accounting comes in. Thats where job-level accounting comes in. Key elements include: 1.

Payroll 52

Payroll Accounting Accounting Data Entry 52

Accounting Tools

AUGUST 5, 2023

Related Courses How to Conduct a Compilation Engagement How to Conduct a Review Engagement How to Conduct an Audit Engagement What is an Audit Strategy? An audit strategy sets the direction, timing, and scope of an audit. The strategy is then used as a guideline when developing an audit plan.

Auditing 74

Auditing 74

Compleatable

MARCH 27, 2025

As AvidXchange phases out Ariett on November 1, 2025, businesses are actively seeking robust alternatives for their purchasing and accounts payable automation needs. Compleat Software emerges as a compelling solution, offering enhanced functionalities that not only match but surpass those previously provided by Ariett.

Purchase Order 100

Purchase Order Data Entry Budgeting Invoice Processing 100

Counto

DECEMBER 16, 2024

What Are the Different Types of Accounting Services? Proper accounting ensures that you remain compliant with local regulations, maintain accurate financial records, and make informed decisions. Proper accounting ensures that you remain compliant with local regulations, maintain accurate financial records, and make informed decisions.

Financial Records 52

Financial Records Budgeting Accounting Accounting 52

Accounting Tools

FEBRUARY 25, 2024

What is an Audit? In general, an audit is an investigation of an existing system, report, or entity. There are many types of audits that can be conducted, as noted below. This audit is most commonly used in regulated industries or educational institutions.

Auditing 75

Auditing Payroll Financial Statements Computation 75

Counto

MARCH 24, 2025

How Accounting Services Simplify Estimated Chargeable Income (ECI) Filing For many business owners, Estimated Chargeable Income (ECI) filing can feel like just another item on an already long to-do list. Heres how accounting services help simplify ECI filing making it less of a burden and more of a routine you can handle with confidence.

Corporation Tax 52

Corporation Tax Accounting Accounting Reconciling 52

Counto

FEBRUARY 22, 2025

How Automation is Changing Accounting for Small Businesses The rise of automation is reshaping how small businesses in Singapore handle accounting. Heres how automation is transforming accounting for SMEs in Singapore. Reduces errors in financial statements, improving audit readiness. Paperwork eating your time?

Accounting 52

Accounting Accounting Financial Statements Financial Reporting 52

Accounting Tools

JANUARY 14, 2025

When acquired, fixed assets are recorded in a fixed asset account. For accounting purposes, these items are segregated into multiple accounts, based on their characteristics. Examples of Fixed Assets The following are examples of fixed asset accounts: Buildings. Includes all facilities owned by the entity.

Computation 75

Computation Auditing Accounting Accounting 75

Counto

FEBRUARY 22, 2025

Multi-Channel Sales Accounting: How to Track Revenue Across Multiple Platforms Expanding your business across multiple sales channels can boost revenue, but it also brings accounting challenges. Set Up a Centralised Accounting System Using a cloud-based accounting system helps consolidate all sales data in one place.

Reconciling 52

Reconciling Accounting Accounting Data Entry 52

Accounting Tools

OCTOBER 20, 2023

Related Courses How to Conduct an Audit Engagement Internal Auditing Guidebook What is an Internal Audit? Internal audit refers to the department located within a business that monitors the efficacy of its processes and controls. What is an External Audit?

Auditing 75

Auditing Financial Statements Financial Records CPA 75

Counto

JANUARY 13, 2025

Digital Business Accounts vs. Traditional Business Accounts: Which is Right for Your Small Business? Whether youre a new entrepreneur or a seasoned business owner, choosing the right type of business account can significantly impact your operations. Heres why digital business accounts are gaining popularity: 1.

Accounting 52

Accounting Accounting Accounting Software Tax 52

Counto

MARCH 23, 2025

How Much Do Accounting Services Cost in Singapore? A Guide for SMEs For small business owners in Singapore, outsourcing accounting tasks can save time, reduce errors, and ensure compliance. But one of the most common questions is: how much do accounting services actually cost? Experience live accounting here.

Bookkeeping 52

Bookkeeping Accounting Accounting Payroll 52

Counto

FEBRUARY 23, 2025

Forensic Accounting: Helping Businesses Detect and Prevent Fraud Financial fraud can quietly drain resources and damage a company’s reputation. This is where forensic accounting plays a crucial role. Understanding Forensic Accounting Forensic accounting goes beyond standard bookkeeping and auditing.

Accounting 52

Accounting Accounting Bookkeeping Financial Analysis 52

Xero

SEPTEMBER 1, 2022

Make adjustments in the Xero Accounting app — Global. We’re now giving you two ways to make adjustments in the Xero Accounting app: bank fees and minor adjustments. The new Account Summary report has been released to all customers. To resolve this, you may like to add an adjustment to the transaction to write off the difference.

XERO 264

XERO Payroll Data Entry Tax 264

Cloud Accounting Podcast

APRIL 19, 2023

The M-Score is warning that the chance of fraud is the highest in over 40 years; Did KPMG fail to issue a critical audit matter for Silicon Valley Bank?; 57:50) - Blake co-wrote an article for CPA Practice Advisor (01:02:31) - Wrap up and where to reach us Need CPE? Interested in sponsoring the Cloud Accounting Podcast?

CPA 96

CPA Accounting Accounting QuickBooks 96

Counto

FEBRUARY 23, 2025

Essential Accounting Considerations for SMEs in the Gig Economy The gig economy is reshaping the way small and medium-sized enterprises (SMEs) operate, offering flexibility and access to a diverse talent pool. However, with this new way of working comes unique accounting challenges. Key Accounting Considerations for SMEs 1.

Accounting 52

Accounting Accounting Budgeting Financial Reporting 52

Future Firm

APRIL 18, 2023

Artificial intelligence in accounting is currently transforming the industry. Table of Contents What is AI in Accounting? Can AI Replace Accountants? Benefits of Artificial Intelligence How is AI Used in Accounting? This includes tasks such as financial reporting, audit and compliance, fraud detection, and data analysis.

Data Entry 96

Data Entry Accounting Accounting Invoice Processing 96

Accounting Tools

JANUARY 25, 2025

The report writer linked to the accounting system can be set to automatically print reports at stated intervals that contain the predetermined exception levels, which is a minimally-invasive reporting approach. Triggers audit pre-reviews. Related Articles Activity-Based Management Strategic Cost Management

Budgeting 75

Budgeting Auditing Budgeting Manager Accounting 75

AvidXchange

DECEMBER 20, 2024

Creating 1099 reporting is one task that can take less time with accounts payable (AP) automation. Audit Preparation AP automation can offer a digital audit trail of payments, providing easy access to records in case of an audit. Tax season is a busy time for finance departments.

AP 52

AP Data Entry Accounts Payable Accounts Payable 52

Counto

JANUARY 11, 2025

As we approach 2025, its essential to understand the latest compliance requirements set by the Accounting and Corporate Regulatory Authority (ACRA). Financial Record-Keeping and Audit Requirements ACRAs compliance requirements for financial record-keeping and audits continue to be stringent.

Financial Statements 52

Financial Statements Financial Records Record Keeping Auditing 52

Accounting Tools

NOVEMBER 5, 2023

Related Courses How to Audit Receivables How to Conduct an Audit Engagement The Balance Sheet What is an Accounts Receivable Confirmation? The auditor does so with an accounts receivable confirmation. The auditor does so with an accounts receivable confirmation. Related Articles Accounts Receivable Auditing

Account Receivables 75

Account Receivables Accounts Receivable Accounts Receivable Accounting 75

Accounting Tools

JUNE 20, 2023

Related Courses Bookkeeping Guidebook CFO Guidebook New Controller Guidebook What are the Types of Accounting? There are several types of accounting that range from auditing to the preparation of tax returns. Accountants tend to specialize in one of these fields, which leads to the different career tracks noted below.

Accounting 75

Accounting Accounting Financial Statements Auditing 75

Accounting Tools

AUGUST 4, 2023

Related Courses Bookkeeping Guidebook CFO Guidebook New Controller Guidebook There are several types of functions fulfilled by the accounting department within a business. These accounting functions are noted below. What is Accountancy? What is an Accountant? Their primary beneficiary is the management team.

Accounting 75

Accounting Accounting Financial Statements Auditing 75

Accounting Tools

APRIL 6, 2024

What is the Accounts Receivable Aging Report? An accounts receivable aging is a report that lists unpaid customer invoices and unused credit memos by date ranges. How to Use an Accounts Receivable Aging Report There are several uses to which an accounts receivable aging report can be put, as we describe in the following sections.

Account Receivables 75

Account Receivables Accounts Receivable Accounts Receivable Accounting 75

Intuit

NOVEMBER 20, 2023

Table of Contents Weekend Jobs in Accounting 5 Accounting and Tax Jobs to Boosts Your Weekend Income What's the Life of a Remote Accountant Like? When's the Best Time for Job Searching in Accounting? How Do I Get an Accounting Job Without Experience?

Tax 130

Tax Accounting Accounting QuickBooks 130

Future Firm

MAY 24, 2023

Here is my complete guide to emerging accounting technologies for 2023. In this guide, you’ll learn about the top accounting technology in the profession along with some tips and tricks on how to leverage them. So if you’re looking to leverage software to automate your accounting work, you’ll love this guide.

Accounting 98

Accounting Accounting Computation XERO 98