Accounting Today

JULY 10, 2024

The laid-off workers will be replaced by specialists in engineering, product, and customer-facing roles as part of Intuit's larger AI plans.

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FinOps Foundation

JULY 10, 2024

Key Insight: The 2024 Day 2 Keynotes brought something brand new to FinOps X: feature announcements from the three largest clouds. Google Cloud, Microsoft, and AWS all announced support for FOCUS 1.0 with native billing exports, and revealed a number of important enhancements for FinOps Practitioners. Also on Day 2, American Express shared challenges they face on their FinOps journey, and Mike Fuller, CTO at the FinOps Foundation, discussed key considerations around FinOps tooling and services.

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FinOps FinOps Billing 130

Accounting Today

JULY 10, 2024

The acquisition will expand the Top 100 Firm's portfolio of specialized accounting software and ERP solutions, particularly in the manufacturing and distribution sectors.

Accounting Software 303

Accounting Software Accounting Accounting 303

accountingfly

JULY 10, 2024

Sharing our perspective on the latest trends impacting talent acquisition in the accounting industry – Advisory, Hybrid, and Hiring Turnover. All content is 100% written by the real humans working here at Accountingfly. Market Trends: Swiping Right On Advisory; The Harder Way to Hire Hybrid, Culture Fit is Hard Everyone Loves Advisory More and more Accountingfly clients are looking to hire “financial whisperers”–candidates who provide meaningful business advisory services to firm cl

CPA 105

CPA Financial Statements Tax Accounting 105

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

Accounting Today

JULY 10, 2024

Some of Accounting Today's fastest-growing firms share what turbo-charged their expansion over the past year.

Accounting 350

Accounting Accounting 350

Insightful Accountant

JULY 10, 2024

Do you realize that July 31, 2024, is only 21 days away when Intuit will stop selling QuickBooks Pro and Premier to new subscribers? "What are you prepared to do?

QuickBooks 105

QuickBooks 105

Cevinio

JULY 10, 2024

Understand the significant cost benefits, enhanced compliance, and improved productivity that AP Automation offers.

AP 100

AP Accounts Payable Accounts Payable Accounting 100

Accounting Today

JULY 10, 2024

Orumé Hays, founder of Hays CPA, wanted to make sure her future was never in someone else's hands.

CPA 327

CPA 327

Insightful Accountant

JULY 10, 2024

The recent Supreme Court decision overturning the Chevron doctrine has sent shockwaves through the regulatory landscape, with potentially significant ramifications for the cannabis industry.

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Accounting Today

JULY 10, 2024

The head of the Internal Revenue Service's Direct File program cites careful scoping and a blended team of government and private sector for making it work.

Tax 334

Tax 334

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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.

Accounting

Nanonets

JULY 10, 2024

This tutorial blog examines some of the use cases of key-value pair extractions, the traditional and current approaches to solving the task, and a sample implementation with code. You encounter KVPs more often than you might realize. Remember the last time you flipped through a dictionary? Each word (the key) is paired with its definition (the value).

Computation 96

Computation Invoicing Budgeting Customer Service 96

Accounting Today

JULY 10, 2024

The IRS is pushing back both filing and payments deadlines for impacted taxpayers.

Tax 325

Tax 325

Less Accounting

JULY 10, 2024

Financial statements are powerful tools that provide valuable insights into the financial health and performance of a business. As a small business owner, leveraging these statements effectively can help drive informed decision-making and propel your business towards growth and success. In this blog post, we’ll explore how you can use financial statements to drive business growth and achieve your strategic objectives.

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Financial Statements Bookkeeping Budgeting Financial Analysis 59

Accounting Today

JULY 10, 2024

Notice 2024-49 and a new set of frequently asked questions from the Internal Revenue Service offer more clarity around the credit.

Tax 208

Tax 208

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.

Accounting

Future Firm

JULY 10, 2024

Your clients aren't interested in your processes or tasks. Discover what they truly want and how you can better satisfy their needs. The post Your Clients Don’t Care About What You Do appeared first on Future Firm.

Accounting 52

Accounting Accounting 52

Accounting Today

JULY 10, 2024

Some of Accounting Today's 2024 Fastest-Growing Firms share what they're excited about for the future.

Accounting 204

Accounting Accounting 204

Accounting Tools

JULY 10, 2024

What is a Bill in Accounting? A bill is an invoice received from a supplier , on which the supplier states the amount owed by the recipient. This is the primary source document for trade payables. A unique invoice number on the bill is entered by the receiving entity in its accounts payable system, which uses the number in combination with the supplier name as the primary identifier for the liability.

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Billing Accounts Payable Accounts Payable Invoicing 52

Accounting Today

JULY 10, 2024

The decisions indicated that justices will use far stricter scrutiny of government regulations moving forward, and some cases dealt a direct impact right away.

Tax 150

Tax 150

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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

Financial Statements

Accounting Tools

JULY 10, 2024

What is the Balance Sheet Date? The balance sheet date is a date as of which the information in a statement of financial position is stated. This date is usually the end of a month, quarter, or year. The balance sheet contains information as of a specific date, rather than for a reporting range, since it only contains information about the status of an entity's assets , liabilities, and equity ; it does not contain any information that pertains to a range of dates, such as sales , profits , or c

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52

Accounting Today

JULY 10, 2024

Following an exodus of major clients, Big Four firm PricewaterhouseCoopers is cutting at least a hundred employees in China.

Accounting 150

Accounting Accounting 150

Accounting Tools

JULY 10, 2024

What are Startup Costs? Startup costs are the expenditures associated with organizing a new business or introducing a new product. Once the startup period has been completed, these costs should go away. Examples of startup costs are as follows: Accounting and legal startup costs Employee salary-related costs Employee training Feasibility studies Recruiting costs Travel costs Accounting for Startup Costs The accounting for startup activities is to expense them as incurred.

Accounting 40

Accounting Accounting Cost Accounting 40

Accounting Today

JULY 10, 2024

Too many accountants use these arguments to avoid charging clients what they should.

Accounting 150

Accounting Accounting 150

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

Accounting Tools

JULY 10, 2024

What is a Final Dividend? A final dividend is the dividend declared by a company's board of directors after the company has issued its full-year financial statements. The final dividend is typically larger than any interim dividends that may have been issued during the fiscal year ; this is because the board of directors is not sure of the entire amount of cash that is available for distribution to shareholders until the final results are available for the full year, and so it tends to be conser

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Corporate Finance Financial Statements Accounting Accounting 40

Tipalti

JULY 10, 2024

Looking for an alternative to QuickBooks? Explore our roundup of top-rated accounting software tailored to the needs of your small or growing business, so you can streamline your finances.

QuickBooks 40

QuickBooks Accounting Software Accounting Accounting 40

Accounting Tools

JULY 10, 2024

What are Bank Debits? Bank debits are transactions that reduce the balance in a customer's account at a bank. Larger debits are usually associated with checks written by a bank customer to a payee , or withdrawals directly made by a customer from their own account. Smaller debits can be associated with the imposition of bank fees, such as for check printing, check processing, deposit processing, foreign transactions, minimum balances, monthly maintenance, not sufficient funds checks, and for the

Bank Reconciliation 40

Bank Reconciliation Deposits Reconciling Auditing 40

Intuit

JULY 10, 2024

Intuit CEO Sasan Goodarzi sent the following note to Intuit employees today: Hi team, As I’ve shared many times, the era of AI is one of the most significant technology shifts of our lifetime. This is truly an extraordinary time – AI is igniting global innovation at an incredible pace, transforming every industry and company in ways that were unimaginable just a few years ago.

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QuickBooks Billing Invoicing Accounting 362

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

Accounting Tools

JULY 10, 2024

What is Plan Curtailment? A plan curtailment occurs when there is a major decline in the number of staff covered by either a post-employment benefits plan or a defined benefit plan. Several events can trigger a plan curtailment, including shutting down a production facility or subsidiary, or laying off a large number of employees. The result of a plan curtailment is that many employees are no longer eligible for the plan.

Accounting 40

Accounting Accounting 40

Accounting Tools

JULY 10, 2024

What are Supplies? Supplies are incidental items used during the course of production, or as part of an organization’s administrative activities. The total cost of supplies tends to be quite low, and the per-unit cost of supplies is also usually quite low. Examples of supplies are paper, staples, and toner cartridges. Accounting for Supplies Supplies are usually charged to expense when they are acquired.

Bookkeeping 40

Bookkeeping Accounting Accounting 40