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

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 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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336

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: 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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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

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

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

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

Tax 325

Tax 325

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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97

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

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

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 74

Computation Invoicing Budgeting Customer Service 74

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 257

Tax 257

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

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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

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.

Billing 52

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

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?

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

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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 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

Corporate Finance 40

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: 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

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