Thu.Nov 14, 2024

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PCAOB amends rules on deregistering audit firms

Accounting Today

The rule change addresses situations in which a firm has ceased to exist, is nonoperational or no longer wishes to remain registered.

Auditing 290
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ADC Attends The 2024 Genius Network Annual Event

Accounting Department

Last week, AccountingDepartment.com Co-Founder, Bill Gerber, and Business Development Representative, Shawn Marcum hit the road and attended the Genius Network Annual Event in Scottsdale, AZ.

Billing 241
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FASB wants feedback on financial KPIs

Accounting Today

The invitation to comment requests input on financial key performance indicators such as EBITDA and free cash flow and how they should be treated.

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Master Vendor File: Best Practices and Setup in Dynamics BC and GP

Fidesic blog

A Master Vendor File (aka: Vendor Master File, Master Vendor List, or Supplier Master File) is an important part of accounting best practices, particularly where accounts payable is concerned. In this post we answer import questions like, What is a master vendor file, Why is a vendor master file important, and we share some best practices. Finally we will give a brief overview of how to set up your master vendor file in Microsoft Dynamics GP and D365 Business Central.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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Tax Fraud Blotter: No risk

Accounting Today

Everything must go; have con, will travel; gold rush; and other highlights of recent tax cases.

Tax 264
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Master Vendor File: Best Practices and Setup in Dynamics BC and GP

Fidesic blog

A Master Vendor File (aka: Vendor Master File, Master Vendor List, or Supplier Master File) is an important part of accounting best practices, particularly where accounts payable is concerned. In this post we answer import questions like, What is a master vendor file, Why is a vendor master file important, and we share some best practices. Finally we will give a brief overview of how to set up your master vendor file in Microsoft Dynamics GP and D365 Business Central.

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Leveraging Purchasing Innovations for Business Success

Compleatable

In today’s fast-paced and competitive business environment, organisations of all sizes face significant challenges when it comes to procurement. Whether managing tight budgets, optimising supply chains, or navigating increased customer demands, businesses need smarter, more efficient purchasing processes to stay ahead. Here, we explore some of the latest trends and innovations that can help organisations streamline their operations, reduce costs, and mitigate risks.

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Citrin Cooperman buys Clearview Group

Accounting Today

The Top 25 Firm based in New York added a management consulting and CPA firm in the Baltimore area, its second acquisition in two days.

CPA 162
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Top ProAdvisor Profiles: Lauretta Finis

Insightful Accountant

This week, we are proud and honored to share the profile of Lauretta Finis, Insightful Accountant's 2024 International ProAdvisor of the Year.

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Puzzle launches automation for cash and accrual accounting

Accounting Today

The accounting solutions provider is now focusing on small businesses after mainly concentrating on the bookkeeping needs of venture-backed startups.

Accruals 130
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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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Adding $2M in Accounting Services in 36 months w/ Greg O’Brien CPA, CTS

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, host David Cristello welcomes back Greg O’Brien , Co-CEO of Anomaly CPA , for an insightful discussion about the evolution of his firm since their last conversation three years ago. They reflect on the growth of Anomaly CPA, including the firm’s current headcount and revenue, as well as the strategic decisions made to invest in alternative positions beyond client-facing roles, such as marketing, IT, and operations.

CPA 59
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Sotheby's pays $6M to settle NY sales tax evasion probe

Accounting Today

The auction house was accused of advising wealthy clients they could avoid sales taxes by falsely claiming they were buying art for resale purposes.

Tax 130
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Live Accounting, Instant Insights: Welcome to the Future with Counto

Counto

Live Accounting, Instant Insights: Welcome to the Future with Counto Bringing Real-Time Accounting into Focus As we push forward in redefining accounting , we’re excited to unveil a breakthrough that’s all about transparency, speed, and control: real-time status tracking for all your accounting needs with Counto. With our latest feature, keeping tabs on your financial processes has never been easier or faster.

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Discover delays filing over accounting disagreement with SEC

Accounting Today

Discover disclosed last year that it overcharged merchants after misclassifying certain credit-card accounts into its highest pricing tier, and the CEO stepped down.

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Building a Business Case for Finance Automation

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

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Best 7 Invoicing Software For Financial Services

Invoicera

Managing invoices in financial services is no walk in the park. Every bill, statement, and report has to be just right—because, in this industry, a minor mistake could mean a major migraine. It’s not just about sending an invoice; it’s about doing it with precision, ensuring compliance, and, of course, making a good impression on clients who expect absolute professionalism.

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Accountants shouldn't drown in employee purchase reconciliations

Accounting Today

The emergence of virtual cards, especially when combined with AI-powered fintech apps, offers accountants a new approach to solving a long-standing challenge.

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The Complete Guide to NetSuite Saved Searches

Nanonets

For businesses using NetSuite, the Saved Search tool is like having a custom search engine that digs through all your data in seconds. It helps you pull the specific information you need and can even automate regular updates, alerts, and reports. Whether you’re just getting started with NetSuite or looking to sharpen your skills, this guide covers everything you need to make the most out of Saved Searches.

Billing 52
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Bluevine Line of Credit Review

Fit Small Business

A Bluevine Line of Credit can be a great option for businesses with short-term financing needs. It allows you access to funds to help cover business expenses, supplement cash flow, or help grow your business. It also offers favorable rates and flexible qualification requirements compared with other lenders. In this review, I will walk you. The post Bluevine Line of Credit Review appeared first on Fit Small Business.

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Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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Top ABBYY FlexiCapture alternatives for document processing

Nanonets

ABBYY is a technology company making document processing software since 1989. Their product lineup includes FineReader PDF for OCR and PDF management, FlexiCapture for enterprise document capture, ABBYY Vantage for intelligent document processing, Timeline for process intelligence, and Mobile Capture for mobile document scanning. This comparison primarily focuses on alternatives to ABBYY FlexiCapture.

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Procurement updates

Tipalti

Tipalti now makes it easier than ever to manage all spend in a single view, reducing the time the procurement team spends on training employees and improving overall efficiency.

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Top Remote Accounting Candidates for Hire | November 14, 2024

accountingfly

Top Remote Candidates This Week Are you in need of remote accountants? Accountingfly can assist you! Our ‘ Always-On Recruiting ‘ program allows you to connect with highly skilled and experienced remote accounting candidates without any upfront costs. Here are some of our top remote accounting candidates for this week. Sign up now to receive the full list of available top accounting candidates on a weekly basis!

CPA 52
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How to Integrate QuickBooks with HubSpot

Fit Small Business

I’ll show you how to integrate QuickBooks with HubSpot, which allows you to synchronize your accounting and CRM data between the two software. I’ll walk you through each step—from connecting the platforms to selecting what data to sync and how to configure the data before bringing them over to QuickBooks Online or HubSpot. I’ll also. The post How to Integrate QuickBooks with HubSpot appeared first on Fit Small Business.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

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Beginners Guide to The Gemini LLM

Nanonets

A practical guide exploring Gemini LLM's strengths and limitations, covering tasks like creativity, reasoning, and empathy, with insights on when to use it. What is Gemini? Gemini, developed by Google DeepMind , was launched in December 2023 as a powerful Large Language Model designed to handle a wide range of tasks. It combines advanced natural language understanding with fast, reliable performance.

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NetSuite ERP: The Total Guide

Tipalti

The Total Guide to NetSuite ERP: What is NetSuite ERP? Our guide covers everything you need to know about NetSuite ERP, including integration, market fit, pricing, features, and comparisons. Access our free e-book to learn more about automating accounts payable and global mass payments with NetSuite. What is NetSuite ERP?