Accounting Today

AUGUST 1, 2024

The price of flame; a guy at the IRS; package deal; and other highlights of recent tax cases.

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Tax 312

Accounting Department

AUGUST 1, 2024

Running a business is no small feat, and managing finances can be one of its most challenging aspects. It’s no wonder many business owners are lured by the promise of cheap accounting services. If you think you're saving money with these budget options, think again. This post will uncover the hidden costs that could be undermining your business and explain why investing in quality accounting is crucial for long-term success.

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Accounting Today

AUGUST 1, 2024

OneStream announced the rebrand of OneStream Suite to OneStream One, which now features the new Next Gen Gather AI solution to help professionals gather client documents.

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Xero

AUGUST 1, 2024

Much can be said about the pros and cons of generative AI. But while we can all agree that it is widely-available and disruptive, surely we can also agree that it isn’t the first emerging technology to be available and disruptive (nor will it be the last). It’s just the one we’re focused on right now. To start to wrap your head around the possibilities of generative AI and the broader AI technology ecosystem, it’s best to start from the ground up.

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Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

Budgeting

Accounting Today

AUGUST 1, 2024

A recent Supreme Court case held that the Code Sec. 965 mandatory repatriation tax was constitutional, but the majority opinion avoided the principal issue presented to the court.

Tax 299

Tax 299

Compleatable

AUGUST 1, 2024

Current accounts payable purposes and processes Accounts Payable or AP as it is also known, is a term used to describe the means of money being owed by a business to it’s suppliers for goods and services provided. An Accounts Payable (AP) department within a business might be made of a single individual to many tens of people. The main responsibility and duties of an AP department can vary but broadly speaking, this consists of making sure that purchase invoices received from suppliers are proce

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Accounts Payable Accounts Payable AP Purchase Order 130

Insightful Accountant

AUGUST 1, 2024

App and Software Developers should know that Insightful Accountant offers 'FREE' feature content, including App Aware and First Look features covering their app or software and Advisor Alliance articles covering their partner programs.

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Accounting Accounting 98

Accounting Today

AUGUST 1, 2024

SafeSend announced the rebrand of SafeSend Suite to SafeSend One, which now features the new Next Gen Gather AI solution to help professionals gather client documents.

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Ace Cloud Hosting

AUGUST 1, 2024

ATX from Wolters Kluwer is one of the most reputed tax preparations and filing software for individuals and small firms. According to a Journal of Accountancy survey, approximately 70% of.

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Accounting Today

AUGUST 1, 2024

A recently introduced Senate bill would direct the federal government to develop third party audit standards for AI.

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Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

AP

Insightful Accountant

AUGUST 1, 2024

If you are a Top ProAdvisor (Top 100 ProAdvisor, Top 25 Up-n-comer ProAdvisor, or Top 50 International ProAdvisor), we want to publish your profile.

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Accounting Today

AUGUST 1, 2024

Tax compliance solutions provider Avalara announced the release of its latest AI offering, a chatbot called Avi which can answer product questions, general tax questions, and troubleshoot issues.

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Tax 150

Less Accounting

AUGUST 1, 2024

In the intricate dance of managing a small business, few tasks are as crucial, yet often as cumbersome, as handling payroll. From calculating wages to ensuring compliance with tax regulations, payroll processes demand precision and efficiency. In the realm of small businesses, where resources may be limited, streamlining these processes becomes paramount for sustaining growth and minimizing administrative burdens.

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Accounting Today

AUGUST 1, 2024

PwC announced the rollout of its new ChatNational large language model AI for internal staff, which is designed exclusively for research questions versus the more general use ChatPwC

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Auditing 140

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Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

Accounting

Cloud Accounting Podcast

AUGUST 1, 2024

Blake and David examine Blake's month-long working vacation in Southern California, and talk benefits of remote work for accountants. They also explore recent surveys on accounting firm satisfaction and the use of AI in tax practices and then delve into the ongoing accountant shortage, its impact on internal controls, and the challenges of recruiting new talent to the profession.

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Tax Accounting Accounting 55

Insightful Accountant

AUGUST 1, 2024

Murph gives you a glimpse into the advisor partnership opportunities offered by the MyWorks Partner Program.

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accountingfly

AUGUST 1, 2024

Top Remote Accounting Candidates This Week Looking for remote accountants? Accountingfly can help! 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. Sign up now to receive the full list of top accounting candidates available weekly!

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Insightful Accountant

AUGUST 1, 2024

QuickBooks Online users have reported receiving 502 Bad Gateway errors when attempting to send E-Invoices.

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Invoicing QuickBooks 52

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?

The Successful Bookkeeper

AUGUST 1, 2024

In the first episode of the Ask Lisa YouTube series, Lisa Campbell details how to successfully start a bookkeeping business.

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Bookkeeping 52

Jetpack Workflow

AUGUST 1, 2024

Podcast Summary In this episode, host David Cristello interviews Billy Angelo , the managing partner of Angelo and Associates , who brings over 20 years of experience in the accounting industry. Billy shares insights on steering small businesses, specifically private practice owners, towards financial clarity and success. They discuss topics such as off-boarding clients to focus on core strengths, tailored tax and financial solutions for enhanced profitability, and the importance of cash manage

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Accounting Accounting Tax Auditing 52

oAppsNet

AUGUST 1, 2024

Understanding the credit review and risk analysis process is essential for any business that extends credit to its clients. This process involves evaluating the creditworthiness of potential clients and assessing the risks associated with extending credit. Effective credit review and risk analysis help businesses make informed decisions, minimize financial risks, and maintain a healthy cash flow.

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Accounting Tools

AUGUST 1, 2024

What is Cycle Billing? Cycle billing occurs when an organization issues invoices to its customers on a rotating schedule. This concept varies from the more common practice of issuing all invoices on the date when a delivery or service occurs. It is commonly used by utilities and subscription services that deal with very large billing volumes. Advantages of Cycle Billing By engaging in cycle billing, a business can flatten the volume of billing work to be completed on any given day.

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Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.

Account Reconciliation

Accounting Today

AUGUST 1, 2024

Senate Republicans stopped a $78 billion package of tax cuts benefiting businesses and low-income families, two constituencies the party needs to win big in November.

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Tax 195

Accounting Tools

AUGUST 1, 2024

What is Contract Auditing? Contract auditing involves an examination of the written arrangements with suppliers. The intent behind a contract audit is to ensure that the amount and quality of goods and services delivered to the customer was correct and that the customer was billed an appropriate amount. A possible result of a contract audit is that the supplier is required to deliver additional goods and services, or that it must rebate a portion of its billings.

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Accounting Today

AUGUST 1, 2024

Trump's pledge to cut taxes for elderly Americans, a key voting bloc, comes as the Republican nominee tries to recalibrate his campaign to focus on Vice President Kamala Harris.

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Tax 299

Accounting Tools

AUGUST 1, 2024

What is Capital Intensive? An industry is capital intensive when a participant is required to invest heavily in fixed assets in order to compete with other established industry players. In a capital intensive environment, the fixed cost base of a business is quite high, so it must sell in high volume in order to earn sufficient funds to offset its costs.

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Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

Accounting