Wed.Jul 31, 2024

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The 2024 Accounting Today Salary Survey

Accounting Today

What accountants are making in salary and bonuses, and other results of our inaugural compensation survey.

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Constructing a brighter future for people in poverty

Xero

“The whole point of Building Up is to connect people with barriers to employment to careers in construction,” explained Marc Soberano, founder of non-profit project Building Up. “We help people break the cycle of poverty and make a life for themselves.” Building Up was one of the 2023 recipients of funding from the Xero Beautiful Business Fund , winning the ‘Strengthening Community Connection’ for their inspiring community building work as a non-profit social contractor.

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CBIZ to acquire Marcum in megamerger

Accounting Today

Two huge firms are coming together in a $2.3 billion cash-and-stock deal, making the combined firm what is projected to become the seventh largest accounting firm in the U.S. with approximately $2.8 billion in annual revenue.

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Will there even be a 2025 Desktop Release?

Insightful Accountant

Things are looking bleak for the annual release of QuickBooks Desktop. It's August 1st, and Beta Testers are typically 'testing' RC1 (release candidate 1) for a September release date, but not this year.

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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 With construction projects becoming more complex, outdated processes are no longer sustainable.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.

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The 2024 Accounting Today Salary Survey: Increasing transparency

Accounting Today

Increasing starting salaries is the key to attracting young talent to the profession, but the first step is boosting salary transparency.

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Differences in Handling Consumer Debt vs. Business Debt

Enterprise Recovery

Consumer and business debt are two distinct types of debt that are handled quite differently. Consumer debt is the debt individuals incur for personal expenses, such as credit card debt, student loans, or mortgages. Business debt, however, refers to the debt incurred by businesses or organizations for various purposes, such as operational expenses, investment in assets, or expansion.

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How to Infuse Enthusiasm in Organizational Change

RevCycle

Change is a constant force in today’s business landscape. New technologies emerge at breakneck speed, customer expectations evolve, and market forces constantly shift. While some employees thrive on constant evolution, change can also be disruptive and demotivating for others. As a leader, it falls on you to navigate this transition and keep your team engaged and enthusiastic.

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Hiring and pay growth slows in July

Accounting Today

Private sector employment grew by 122,000 jobs in July — a deceleration from the average job gains seen over the second quarter of the year.

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Say Goodbye to Hiring Headaches: Here’s How to Boost Restaurant Accounting Efficiency Instantly!

Outsourced Bookeeping

The restaurant industry has experienced significant changes in the last four years post-pandemic. With a notable increase in new establishments and existing ones expanding their reach, the industry is rapidly catering to the increased customer demand. However, the industry faces several problems that surprisingly come from different quarters: bookkeeping and accounting.

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The 2024 Accounting Today Salary Survey: Accountants' voices

Accounting Today

Survey respondents shared with the good, the bad, and their advice for navigating the accounting profession.

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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.

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The Complete Guide to AWS Cost Optimization Hub

Economize

The Need For Cloud Financial Management The transition to cloud computing allows organizations to convert fixed expenses, such as data centers and physical servers, into variable costs, paying only for the resources they consume. Benefiting from economies of scale, these variable expenses are significantly lower than traditional IT infrastructure costs.

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IASB offers examples to improve reporting of climate-related uncertainties in financial statements

Accounting Today

The International Accounting Standards Board published a consultation document with eight proposed illustrative examples to show how companies could apply International Financial Reporting Standards when reporting the effects of climate-related and other types of uncertainties in their financial statements.

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Remote Worker Classification: A Guide for Tax Professionals

Insightful Accountant

Federal law changes this year have shed new light on employee and contractor classifications. This guide provides an overview of key considerations for determining whether remote workers should be classified as employees or independent contractors.

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Economic confidence drops among U.S. finance pros

Accounting Today

A new survey from ACCA and the IMA reported a sharp decline in economic confidence among accountants and finance professionals in the U.S. and North America, although globally confidence seemed to be increasing.

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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!

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The Pricing Trick to Avoid Price Disagreements

Future Firm

Sometimes clients get upset at having to pay high prices for complex tasks like backlog cleanups. In this episode, I […] The post The Pricing Trick to Avoid Price Disagreements appeared first on Future Firm.

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How to build a scalable, sustainable firm

Accounting Today

In an interview with Blake Oliver, former Baker Tilly CEO Alan Whitman shares the key elements for positioning your firm for future success.

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Breaking News: QuickBooks Desktop Problem Reported

Insightful Accountant

Users report that they cannot process credit card payments through QuickBooks Desktop.

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Net at Work trades Pixafy to Kensium for its Acumatica practice

Accounting Today

Net at Work has sold Pixafy to India-based Kensium in exchange for the company's Acumatica practice.

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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

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Net income definition

Accounting Tools

What is Net Income? Net income is the excess of revenues over expenses. This measurement is one of the key indicators of company profitability , along with gross margin and before-tax income. There are some issues with net income that can yield misleading results, as noted below. How to Calculate Net Income A common calculation for net income is to subtract the cost of goods sold , administrative expenses , and income tax expense from net sales.

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Understanding AWS Pricing for EC2, S3, EBS, RDS, Lambda & More

finout

How does AWS Price Its Services? AWS offers several pricing models to accommodate different usage patterns, providing opportunities to optimize and reduce costs. The models include a free tier, on-demand pricing, where resources are typically billed per second, spot instances, reserved instances, savings plans, and dedicated hosts.

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Kaizen budgeting definition

Accounting Tools

What is Kaizen Budgeting? Kaizen is the practice of continually improving processes and reducing costs. The concept tends to yield gradual improvements over a long period of time. This concept can be applied to budgeting by incorporating expected cost reductions into the planned results of a business. This approach can be used to drive down costs below their current levels on a continual basis.

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Manufacturing ERP Modules

Tipalti

Discover crucial ERP modules for manufacturing success and how they enhance efficiency and streamline operations for your manufacturing business.

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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.

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How to improve inventory accuracy

Accounting Tools

What is Inventory Accuracy? Inventory accuracy is the extent to which the information recorded in your inventory database matches the actual inventory on hand. This is an essential concept, since highly accurate inventory records are needed to produce in accordance with your production plan and to determine when to order goods. It also impacts whether you can fulfill customer orders in a timely manner.