Tue.Jun 04, 2024

article thumbnail

The 2024 Billion-Dollar Wealth Magnets

Accounting Today

The leading CPA financial planners with over $1 billion in assets under management, from Accounting Today's annual ranking.

CPA 344
article thumbnail

Top 4 AP Automation misconceptions — and what you need to know

Ascend Software blog

Change doesn’t come easy, and this can be particularly true for Accounts Payable teams that are considering an a new software solution. After building our business around Accounts Payable Automation since 1997, we’ve heard from many customers and prospects alike who are understandably apprehensive about expanding their existing tech stack outside of Workday.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

IESBA to focus on sustainability, culture, governance in 2024

Accounting Today

The report highlights the International Ethics Standards Board for Accountants' yearly accomplishments and outlines future plans, like focusing on sustainability.

article thumbnail

Jun 4, Basic Accounting Concepts and Principles - GAAP and ASPE

Bookkeeping Essentials

Overview of the basic accounting concepts and principles around which Canadian GAAP and ASPE was developed. FRF for SMEs is a U.S. alternative to GAAP.

article thumbnail

Breaking Ground on Better Payment Processes: Strategies for Construction Pros

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

article thumbnail

Dear CFOs, the accountant shortage isn't going away

Accounting Today

It's time for finance leaders to make some tough decisions about the future of accounting and finance functions.

article thumbnail

International Wire Transfer

Tipalti

Explore both online and offline reliable methods for making international wire transfers. These methods are ideal for businesses and individuals with consistent international payment needs.

74

More Trending

article thumbnail

Peeling Back the Curtain on the Vendor/Firm Relationship

Insightful Accountant

Late spring to early summer is perfect for reflecting on practices and upgrading tech. Partnering with tech vendors can improve accounting. Aligning vision and goals with consultants is key for maximizing tech benefits in accounting.

article thumbnail

Which states tax capital gains the most?

Accounting Today

State tax rates on capital gains vary across the country.

Tax 271
article thumbnail

Utilizing the IRS's Alternative Dispute Resolution Process

Insightful Accountant

IRS's ADR process is a valuable tool for resolving disputes efficiently. Options include mediation, arbitration, and Fast Track Settlement program for quicker resolution than standard appeals.

59
article thumbnail

Election anxiety: Financial planners and the presidential race

Accounting Today

Keeping clients from making impulsive changes is an election priority for top CPA financial planners — but so is figuring out the long-term regulatory impact.

CPA 247
article thumbnail

The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

article thumbnail

Azure Virtual Network for Efficient Network Management

Economize

What are Azure virtual networks? Cloud environments must accommodate fluctuating workloads and maintain optimal performance, security, and scalability at all times. To achieve this cloud services need to build a flexible networking framework. Azure Virtual Networks (VNets) are the cornerstone of Microsoft Azure’s networking services, providing this security, and scalable.

article thumbnail

ChatGPT scores 60% accuracy on financial statement analysis

Accounting Today

ChatGPT accurately predicted earnings directions 60% of the time versus 52.71% for human analysts.

article thumbnail

11 Must Read Books for Accountants and CPAs in 2024

Ace Cloud Hosting

“Today a reader, tomorrow a leader.” – Margaret Fuller In the field of accounting, knowledge is power. The best way to gain detailed accounting knowledge is through reading. The more.

article thumbnail

Small businesses added more jobs in May, but wage growth slowed

Accounting Today

Hourly earnings growth for employees slid to their lowest level since the middle of 2021, according to Paychex.

Payroll 200
article thumbnail

2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

article thumbnail

Want to 'migrate' back to QB Desktop?

Insightful Accountant

Murph discusses 'migrating back' from QuickBooks Online to QuickBooks Desktop, and points you to an earlier article on a helpful App to accomplish the goal.

article thumbnail

AAA takes stewardship of Two-Year Bridge Symposium

Accounting Today

Stewardship and administration of the educational initiative is being transferred from North Carolina Agricultural and Technical State University to the American Accounting Association Foundation.

article thumbnail

Which Short-Term Help Do I Need? Temporary Employee vs. Contractor

CSI Accounting & Payroll

As a small business owner with short-term or project-based needs, your peers may have been told to work with a contract employee to help fill in the gaps or even hire permanently one day.

Payroll 52
article thumbnail

In the blogs: Big pictures

Accounting Today

Our confusing Tax Code; IRS mail problems; disaster victims' deadline; and other highlights from our favorite tax bloggers.

Tax 140
article thumbnail

From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

article thumbnail

Jun 4, Month-End Preparation | Before Performing Month-End Procedures

Bookkeeping Essentials

An overview of month-end preparation work before you begin month-end. These monthly procedures are for home based business owners doing their own bookkeeping.

article thumbnail

M&A roundup: NDH, Kostelanetz and Avantax expand

Accounting Today

NDH acquired McGowan Guntermann; Kostelanetz combined with Welty; and Avantax added Erin Hinzmann.

Tax 140
article thumbnail

What is Work Order Management?

oAppsNet

Work order management is a critical component of operational efficiency for businesses, particularly those involved in manufacturing, maintenance, and service provision. It encompasses the processes and systems used to create, assign, track, and complete work orders. A work order is a documented request to perform a specific task, providing detailed instructions and the necessary resources.

article thumbnail

Top 5 Challenges Accounting Firms Face in 2024 – Blog Series Round Up

Ace Cloud Hosting

In the exclusive blog series by Ace Cloud – “Top Challenges Accounting Firms Face in 2024”- we are uncovering the challenges accounting firms face today and the actionable solutions to.

article thumbnail

Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

article thumbnail

What are the best OCR software solutions in 2024?

Nanonets

For over 5 decades now, optical character recognition or OCR software has most commonly been used to digitize files and digitally archive paper documents. OCR applications convert non-editable document formats such as PDFs or images to machine-readable formats that are both editable & searchable. With advancements in AI and machine learning, some of the best OCR software available today can even automate data capture workflows end to end from various business documents.

article thumbnail

Jun 4, About Adjusting Entries | Month End and Year End

Bookkeeping Essentials

What about adjusting entries used by bookkeepers and accountants when doing month end or year end procedures? Let's help you understand them.

article thumbnail

Contractor Onboarding

Tipalti

Contractor onboarding sets the building blocks for the quality of your organization’s relationship with new contractors. Learn how to tactfully onboard contractors for a seamless process.

40
article thumbnail

Lease incentive definition

Accounting Tools

What is a Lease Incentive? A lease incentive is an inducement for a lessee to sign a lease. In these arrangements, either the lessor directly pays for expenditures , or the lessee does so and is then reimbursed by the lessor. A lessor enters into these arrangements in order to fill vacant office space. Such deals are especially common in a soft real estate market, or when a lessor wants to attract a high-profile, stable prospective tenant.

article thumbnail

Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

article thumbnail

Acumatica Manufacturing

Tipalti

Acumatica ERP has custom capabilities for manufacturing businesses. Learn about these capabilities and how to optimize your Acumatica manufacturing software with integration add-ons.

article thumbnail

IRS Direct File program may be cut by GOP next year

Accounting Today

The Internal Revenue Service's plans to expand the Direct File free tax program nationwide next year could meet an early demise if Republicans gain control of Congress and the White House next year.

Tax 317
article thumbnail

Digitize Invoices

Tipalti

Transform your workflow: learn how to digitize invoices for seamless processes. Enhance efficiency and embrace the future of business management.