How inflation affects accounting and finance teams
Accounting Today
SEPTEMBER 29, 2023
When inflation is high, industry professionals turn to inflation accounting strategies to increase accuracy in financial analysis and reporting.
Financial analysis definition
Accounting Tools
JULY 8, 2023
Related Courses Business Ratios Guidebook Financial Analysis The Interpretation of Financial Statements What is Financial Analysis? Financial analysis is the examination of financial information to reach business decisions. Whether to lend money to a business, and if so, what terms to offer.
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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape
Outsourcing Vs. In-House: The Ultimate Battle For Better Collections
Maximizing Profit and Productivity: The New Era of AI-Powered Accounting
The Silent Crisis: Why Finance Lags in Digital Transformation and How to Accelerate AI Adoption
The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience
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Financial analysis report definition
Accounting Tools
FEBRUARY 15, 2024
What is a Financial Analysis Report? A financial analysis report is constructed by a person who is researching a company, usually with the intent of recommending its stock to investors. These documents are intensively reviewed by investors, who need the information to make investment decisions.
Webinars
Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape
Outsourcing Vs. In-House: The Ultimate Battle For Better Collections
Maximizing Profit and Productivity: The New Era of AI-Powered Accounting
The Silent Crisis: Why Finance Lags in Digital Transformation and How to Accelerate AI Adoption
The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience
Bookkeeping vs. Accounting: Here’s how they differ
Intuit
AUGUST 30, 2024
What’s the difference between bookkeeping and accounting? We’ll define each, explore the differences between bookkeeping and accounting, and discuss what it takes to pursue roles in the fields. Bookkeeping involves categorizing each transaction, specifying the amount involved, and tracking it in the relevant account.
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How Automation is Changing Accounting for Small Businesses
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. With evolving regulatory requirements, increasing digital adoption, and growing financial complexities, leveraging technology is no longer optionalits essential. Break free here.
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Why now is a great time to try new reports in Xero
Xero
JULY 11, 2022
Our new reports now have some really exciting features that will help you get quick access to answers and streamline your financial analysis. Features to help you streamline your financial analysis within Xero, including formulas, schedules, switch rules, notes and more. But we’re not done yet.
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Types of financial analysis
Accounting Tools
MAY 13, 2024
Financial analysis involves the review of an organization's financial information in order to arrive at business decisions. This analysis can take several forms, with each one intended for a different use. The types of financial analysis are as follows.
Top Strategies to Optimize Accounting for Your Ecommerce Business Success
CapActix
MARCH 12, 2025
In the background, what actually keeps profitable online stores up and running is wise financial management. That’s why investing in optimized accounting services for ecommerce stores isn’t merely a good idea, it’s crucial. These tools simplify daily financial responsibilities and integrate your online sales platform.
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Forensic Accounting: Helping Businesses Detect and Prevent Fraud
Counto
FEBRUARY 23, 2025
Forensic Accounting: Helping Businesses Detect and Prevent Fraud Financial fraud can quietly drain resources and damage a company’s reputation. For small businesses in Singapore, where financial oversight may be limited, fraud can have severe consequences. This is where forensic accounting plays a crucial role.
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Top Remote Accounting Candidates for Hire | January 9, 2025
accountingfly
JANUARY 9, 2025
Top Remote Candidates This Week Are you in need of remote accountants? Our ‘ Always-On Recruiting ‘ program allows you to connect with highly skilled and experienced remote accounting candidates without any upfront costs. Here are some of this week’s top remote tax and accounting candidates.
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How to get support as you make the switch to new reports
Xero
JUNE 19, 2023
Our new reports are packed with powerful customisations that will help you get quick access to answers and streamline your financial analysis. They will triage it and assign it to the next available specialist with the right skills (often a degree in accounting and expertise in reporting) to help you.
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Top Remote Accounting Candidates for Hire | February 27, 2025
accountingfly
FEBRUARY 27, 2025
Top Remote Candidates This Week Are you in need of remote accountants? Our ‘ Always-On Recruiting ‘ program allows you to connect with highly skilled and experienced remote accounting candidates without any upfront costs. Here are some of this week’s top remote tax and accounting candidates.
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Top Remote Accounting Candidates for Hire | January 2, 2025
accountingfly
JANUARY 2, 2025
Top Remote Candidates This Week Are you in need of remote accountants? Our ‘ Always-On Recruiting ‘ program allows you to connect with highly skilled and experienced remote accounting candidates without any upfront costs. Here are some of this week’s top remote tax and accounting candidates.
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10 Best Multi-Currency Accounting Software
Invoicera
JANUARY 29, 2025
billion in 2031 at a CAGR of 25.40% , the demand for multi-currency accounting software is rising. In this blog, well explore the 10 best multi currency accounting software options that simplify global financial processes, providing businesses with the tools needed to stay ahead in a competitive market.
Why we can’t keep old reports (and other burning questions)
Xero
FEBRUARY 12, 2023
Our new reports are built on the latest technology and have some really exciting features that will help you get quick access to answers and streamline your financial analysis. The Account Transactions report also lets you view transactions in their original currency amounts.
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Top 10 Accounts Payable Best Practices
AvidXchange
JANUARY 19, 2024
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.
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Cost accounting definition
Accounting Tools
MARCH 27, 2023
Related Courses Cost Accounting Fundamentals Financial Analysis What is Cost Accounting? Cost accounting examines the cost structure of a business. None of these tools are used by financial accountants, who are more concerned with the production of financial statements.
5 Weekend Accounting and Tax Jobs to Boost Your Income
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?
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Top Remote Accounting Candidates for Hire | February 13, 2025
accountingfly
FEBRUARY 13, 2025
Top Remote Candidates This Week Are you in need of remote accountants? Our ‘ Always-On Recruiting ‘ program allows you to connect with highly skilled and experienced remote accounting candidates without any upfront costs. Here are some of this week’s top remote tax and accounting candidates.
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How to Build a Dream Accounting Team
LedgerDocs
JULY 13, 2023
Every successful business has been built on the back of a strong accounting and bookkeeping team. A strong financial team should be instrumental in ensuring that the books are accurate, the business is remaining compliant with tax regulations and is profitable and they are leading the charge in financial decision-making.
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Accounting breakeven point definition
Accounting Tools
OCTOBER 25, 2023
Related Courses Financial Analysis The Interpretation of Financial Statements What is the Accounting Breakeven Point? The accounting breakeven point is the sales level at which a business generates exactly zero profits , given a certain amount of fixed costs that it must pay for in each period.
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Expense Management Software for Accurate Financial Reporting in Singapore
Counto
NOVEMBER 2, 2024
Example : A boutique retail store uses expense management software to categorise expenses like inventory and marketing, facilitating easy analysis of spending trends. Data Integrity : Integration reduces discrepancies, ensuring all financial data remains consistent and reliable. At Counto, we prioritise your bottom line.
AI in Accounting: A Guide Written by Artificial Intelligence
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.
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Book value of debt definition
Accounting Tools
MARCH 30, 2023
Related Courses Business Ratios Guidebook Financial Analysis The Interpretation of Financial Statements What is the Book Value of Debt? The book value of debt is comprised of the following line items on an entity’s balance sheet : Notes payable. Found in the current liabilities section of the balance sheet. Long-term debt.
Capital expenditure definition
Accounting Tools
JULY 6, 2024
From a financial analysis perspective, a business should at least maintain its historical level of capital expenditures. Presentation of Capital Expenditures Capital expenditures are stored in a variety of fixed asset accounts, such as the buildings account or the equipment account.
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Limitations of ratio analysis
Accounting Tools
AUGUST 29, 2024
The information in a financial statement line item that you are using for a ratio analysis may have been aggregated differently in the past, so that running the ratio analysis on a trend line does not compare the same information through the entire trend period. Accounting policies. Operational changes.
Artificial Intelligence in Accounting & Finance
Billah and Associates
NOVEMBER 23, 2023
Artificial Intelligence (AI) is revolutionizing various industries, including accounting and finance. AI in accounting refers to the use of intelligent machines and algorithms to automate various tasks & provide valuable insights. What is AI in Accounting? Here are five popular ones: 1.
What’s the Difference Between Bookkeepers and Accountants?
Counto
FEBRUARY 18, 2024
What’s the Difference Between Bookkeepers and Accountants? In the realm of business finance, distinguishing between bookkeepers and accountants is essential. Offers straightforward assessments of financial standing, without complex analysis. The Role of an Accountant Tasks: Prepares adjusting entries.
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Top Remote Accountants for Hire | March 21, 2024
accountingfly
MARCH 21, 2024
Remote Accounting Candidates This Week Are you struggling to hire remote accountants? With Always-On Recruiting , you can gain full access to a pool of highly skilled and experienced remote accountants. Below is a small selection of our available top accounting candidates this week. Plus, there’s no up-front cost!
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Opportunity cost definition
Accounting Tools
FEBRUARY 13, 2024
Related AccountingTools Courses Financial Analysis Managerial Economics Estimation of Opportunity Cost Opportunity cost cannot always be fully quantified at the time when a decision is made. Opportunity cost is not an accounting concept, and so does not appear in the financial records of an entity.
Liquidity ratio analysis
Accounting Tools
APRIL 24, 2024
It is calculated as follows: (Cash + Cash equivalents) ÷ Current liabilities = Cash ratio Quick Ratio The quick ratio is the same as the cash ratio, but includes accounts receivable as an asset. If so, it will be necessary to use other forms of analysis to reach conclusions about the liquidity of an organization.
Trend analysis definition
Accounting Tools
NOVEMBER 26, 2023
Thus, trend analysis is quite useful for examining preliminary financial statements for inaccuracies, to see if adjustments should be made before the statements are released for general use. Related Articles Incremental Analysis Quantitative Analysis Sales Trend Analysis Types of Financial Analysis
Accounts Payable: How Will Your Department Change?
oAppsNet
APRIL 9, 2024
As we enter 2024, the landscape of accounts payable (AP) departments is poised for significant transformation. Moreover, cloud-based accounting software and digital payment platforms will enable AP departments to work collaboratively and securely across distributed teams.
The Role of Technology in Modern Bookkeeping
LedgerDocs
MAY 3, 2023
This software lets accountants and bookkeepers store and manage their financial documents digitally, eliminating the need for physical storage and manual data entry. With document management software, bookkeepers can easily scan, upload, and store invoices, receipts, and other financial documents.
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Top Remote Accounting Candidates for Hire | August 22, 2024
accountingfly
AUGUST 22, 2024
Top Remote Accounting Candidates This Week Looking for remote accountants? With our ‘ Always-On Recruiting ‘ program, you can access highly skilled and experienced remote accounting candidates with no upfront cost. These are just a few of our top remote accounting candidates this week. Accountingfly can help!
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How Business Support Services Can Improve Your Accounting Operations in Singapore?
Counto
SEPTEMBER 12, 2024
How Business Support Services Can Improve Your Accounting Operations in Singapore? Managing accounting operations can be challenging for small business owners in Singapore. Here’s how leveraging these services can enhance your accounting operations: 1. Explore our all-in accounting plans and keep more of what you earn.
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Sales volume definition
Accounting Tools
OCTOBER 24, 2023
Related Courses Business Ratios Guidebook Effective Sales Management Financial Analysis The Interpretation of Financial Statements What is Sales Volume? Sales volume is the number of units sold within a reporting period. This figure is monitored by investors to see if a business is expanding or contracting.
Top 10 Financial Management Tools for CFOs
Invoicera
JANUARY 2, 2025
The platform manages both accounts receivable and payable. It offers custom reports and integrates with major accounting tools. It includes high-yield business accounts and automated workflows. Xero Xero streamlines small business accounting. Fathom Fathom focuses on visual financial analysis and reporting.
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The components of cost volume profit analysis
Accounting Tools
NOVEMBER 1, 2023
Related Courses Financial Analysis The Interpretation of Financial Statements Cost volume profit analysis shows how changes in product margins, prices, and unit volumes impact the profitability of a business.
Choosing the Right Accounting Tools for your Franchise
MineralTree
MARCH 30, 2023
Accounting for franchises is a complex web of responsibilities. Accounts payable (AP) automation has become a popular tool for franchises to overcome these obstacles. In this article, we will discuss the challenges associated with franchise accounting and how AP automation helps solve them.
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Accounts Payable: How Will Your Role Change?
oAppsNet
APRIL 15, 2024
In the dynamic landscape of corporate finance, the role of accounts payable (AP) professionals are evolving rapidly. Moreover, advancements in cloud-based accounting software and digital payment platforms will enable AP professionals to work more collaboratively and efficiently, regardless of physical location.
Quick ratio analysis
Accounting Tools
APRIL 11, 2023
Related Courses Business Ratios Guidebook Financial Analysis The Interpretation of Financial Statements What is Quick Ratio Analysis? Quick ratio analysis is used to examine the ability of a business to pay its bills.
Hidden Benefits of Accounting Systems Integration
Analytix Finance & Accounting
JULY 3, 2023
According to a Finances Online report , more organizations are now recognizing the power of accounting software in the industry. In the past few years, the adoption of cloud-based accounting technology has changed the way businesses carry out their accounting and finance management tasks.
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AI Automation for Accounting in 2024
Nanonets
MARCH 15, 2024
Today, Large Language Models (LLMs) can claim to pass the CPA exam, but are they really ready to take over the accounting world? Artificial intelligence is now being applied across professional domains that are ripe for automation - areas of work such as software, law, accounting, consulting, finance and so on.
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