Accounting Today

JULY 5, 2024

Whether there will be a next generation of accountants is, in many ways, up to all of us.

Accounting 334

Accounting Accounting 334

Accounting Tools

JULY 5, 2024

What are Financial Statements? Financial statements are a collection of summary-level reports about an organization's financial results, financial position , and cash flows. They include the income statement, balance sheet, and statement of cash flows. Advantages of Financial Statements Financial statements are useful for the following reasons: To determine the ability of a business to generate cash, and the sources and uses of that cash.

Financial Statements 97

Financial Statements Collections Auditing Tax 97

Accounting Today

JULY 5, 2024

Huselton, Morgan and Maultsby's Student Leadership Program aims to steer more students into accounting — and prepare them for other decisions down the line.

Accounting 317

Accounting Accounting 317

Economize

JULY 5, 2024

Introduction Building large-scale applications requires a solid data management strategy and a database that can handle large amounts of data with consistent, low-latency performance. High-traffic applications like e-commerce platforms, gaming backends, and social media networks need a database solution that can efficiently manage millions of requests per second without sacrificing speed or reliability.

Computation 59

Computation 59

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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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 5, 2024

Plus, io.finnet launches virtual signer feature for enhanced digital asset operations; Caseware to hold webcast on AI audits; and other accounting tech news.

Auditing 244

Auditing Accounting Accounting Tax 244

Billing Platform

JULY 5, 2024

Voided transactions occur across virtually all industries. However, void transactions and refunds at software-as-a-service and other subscription-based organizations are slightly different. Although frequently used, the two terms – void transactions and refunds – are sometimes misinterpreted. Additionally, there are subsequent questions that are typically asked, like: When should a payment be voided ?

Billing 52

Billing Financial Statements Purchase Order Accounts Receivable 52

accountingfly

JULY 5, 2024

Top Remote Accounting Candidates This Week Looking for remote accountants? Accountingfly can help! With our ‘ Always-On Recruiting ‘ program, you can access highly skilled and experienced remote accounting candidates with no upfront cost. These are just a few of our top candidates this week. Sign up now to receive the full list of top accounting candidates available weekly!

CPA 52

CPA Accounting Accounting Auditing 52

Accounting Today

JULY 5, 2024

When your clients are divorcing, you need to figure out two things: Which one is your client, and who is their attorney?

Tax 234

Tax 234

Future Firm

JULY 5, 2024

Discover how to get more bookkeeping clients fast with our comprehensive guide. Learn effective tips to quickly find and grow your business. The post How To Get Bookkeeping Clients Quickly: 19 Tips To Use In 2024 appeared first on Future Firm.

Bookkeeping 52

Bookkeeping 52

Accounting Fun

JULY 5, 2024

Ahead of the 2024 General Election, The then Shadow Chancellor, Rachel Reeves met with the Head of HMRC, Jim Harra. "You will understand" said Rachel "that we are under pressure to simply our complex tax system. What can we do?’ "I can help you there" said Jim. "I recommend you legislate one simple new tax law". "It should make clear that from now on everyone, especially the bankers, accountants, lawyers and tax avoiders must stop focusing on the precise wording of tax laws".

Tax 49

Tax Accounting Accounting Budgeting 49

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

Accounting Tools

JULY 5, 2024

What is the Owners Capital Account? An owners capital account is the equity account listed in the balance sheet of a business. It represents the net ownership interests of investors in a business. This account contains the investment of the owners in the business and the net income earned by it, which is reduced by any draws paid out to the owners. The information in the owners capital account will only be completely current through the end of the preceding fiscal year.

Accounting 40

Accounting Accounting Bookkeeping 40

Accounting Tools

JULY 5, 2024

What is an Opening Balance Sheet? An opening balance sheet contains the beginning balances at the start of a reporting period. These balances are usually carried forward from the ending balance sheet for the immediately preceding reporting period. If a business has just begun, then the opening balance sheet will contain no account balances at all, or perhaps the equity contributions (and offsetting cash balances) of investors.

Budgeting 40

Budgeting Accounting Accounting 40