Accounting Today

SEPTEMBER 28, 2023

Leading practitioners and accounting technology experts share their favorite tools for work and life.

Accounting 347

Accounting Accounting Accounting Software 347

Xero

SEPTEMBER 28, 2023

There’s just one week to go to get your applications in for the Xero Beautiful Business Fund! Applications are closing Friday, 6 October 2023 at 5:00 pm local time in your country (AEST, NZDT, BST, PDT, SAST or SGT). A huge thank you to all of those who’ve already applied, and those that have shared news of the fund through your networks. First time hearing of the Xero Beautiful Business Fund ?

XERO 242

XERO Bookkeeping Accounting Accounting 242

Accounting Today

SEPTEMBER 28, 2023

About two-thirds of IRS employees would be furloughed in the event of a shutdown, which appears likely this weekend.

Tax 347

Tax 347

Accounting Department

SEPTEMBER 28, 2023

To kick off this year's series of Entrepreneurs' Organization (EO) events, ADC Business Development Representative, Shawn Marcum, attended EO Alchemy in Seattle, WA last week.

Accounting 211

Accounting Accounting 211

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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.

Accounting

Accounting Today

SEPTEMBER 28, 2023

Close to a thousand taxpayers who earn over $1 million a year failed to file tax returns over multiple recent years, potentially owing $34 billion in taxes, according to IRS data.

Tax 331

Tax 331

Jetpack Workflow

SEPTEMBER 28, 2023

Podcast Summary In this episode of “Growing Your Firm,” host David Cristello interviews Kayla Green from Bactrian LLC. They discuss the firm’s impressive growth, which has largely been driven by word-of-mouth referrals rather than traditional digital marketing. Bactrian LLC offers a range of accounting services, payroll servicing, estate planning, and financial advising, positioning themselves as a one-stop shop for their clients.

Payroll 98

Payroll CPA Tax Accounting 98

MineralTree

SEPTEMBER 28, 2023

Today’s fast-paced business landscape demands unprecedented levels of efficiency and accuracy, especially in the finance sector. To keep pace with these changes, it’s imperative for financial functions to rethink their processes to boost productivity. Under the finance umbrella, accounts payable (AP) is particularly ripe for digitalization, with the potential to streamline operations and enhance efficiency.

AP 78

AP Invoicing Invoice Processing Data Entry 78

Accounting Today

SEPTEMBER 28, 2023

No Relief; fakin' it; consider it reconciled; and other highlights of recent tax cases.

Tax 306

Tax Reconciling 306

Cloud Accounting Podcast

SEPTEMBER 28, 2023

The recent moratorium on Employee Retention Credit (ERC) claims has big implications for accounting and tax professionals. In this episode, we break down what the ERC moratorium means and the key things you need to know as an accountant or tax preparer. We discuss how it will impact tax preparation and the diligence required to avoid invalid/fraudulent ERC claims, the bookkeeping and accounting changes to accommodate the moratorium, and the effects on audits.

Tax 70

Tax Accounting Accounting CPA 70

Accounting Today

SEPTEMBER 28, 2023

Whether you're exhibiting or attending, here are four tips for making the most out of events.

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235

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.

Payroll

Ace Cloud Hosting

SEPTEMBER 28, 2023

A recent Supreme Court ruling in the US expands the scope of states to collect sales tax on goods and services purchased from out-of-state via the Internet. As a result.

Tax 59

Tax Collections 59

Accounting Today

SEPTEMBER 28, 2023

The document aims to help auditors and accountants set up a quality management system at their firms ahead of a 2025 deadline.

Accounting 200

Accounting Accounting Auditing 200

Nanonets

SEPTEMBER 28, 2023

​When it comes to b2b payments, there are a lot of different options and methods out there. And with so many options available, it can be tough to know which one is right for your business. That's why we've put together this comprehensive guide to making b2b payments. We'll cover everything from the different types of b2b payment methods to how to choose the right one for your business.

QuickBooks 52

QuickBooks Invoicing Reconciling Data Entry 52

Accounting Today

SEPTEMBER 28, 2023

After retiring from Deloitte, he became a co-founder and partner of both K2 Integrity and Kroll Bond Rating Agency.

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Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

Nanonets

SEPTEMBER 28, 2023

As a business owner, you may not be ready to take on the expense of a full-time employee. Perhaps you only need someone for a short-term project or to fill in during busy periods. Whatever the reason, if you do decide to hire an Independent Contractor, it’s important to understand that Independent Contractors often have distinct financial needs and characteristics when it comes to payments Independent contractors can require high than once a month frequency on payroll.

Budgeting 52

Budgeting Invoicing Payroll Accounting Software 52

Accounting Today

SEPTEMBER 28, 2023

Cybersecurity and human capital rank as the top risks among internal auditors around the world, according to a new survey.

Auditing 195

Auditing Accounting Accounting 195

Nanonets

SEPTEMBER 28, 2023

In today's business world, more and more companies are doing business internationally. This means that they need to be able to accept payments from customers in other countries. In order to do this, they need to have a way to process international payments. One of the most popular methods of processing international payments is through PayPal. PayPal allows businesses to accept payments from customers in over 190 countries.

Invoicing 52

Invoicing Accounts Payable Accounts Payable AP 52

Accounting Today

SEPTEMBER 28, 2023

Accounting firm CEOs sometimes struggle with the concept of transparency when they aren't compelled to do so.

Accounting 195

Accounting Accounting 195

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

CPA

Nanonets

SEPTEMBER 28, 2023

What is Electronic Funds Transfer (EFT)? ​​If you've ever used online banking, chances are you've used Electronic Funds Transfer, or EFT. But what is EFT, exactly? EFT stands for Electronic Funds Transfer. It is a system of transferring money from one bank account to another without the use of paper checks, or cash. One of the advantages of EFT is that it's relatively quick - payments can be processed and transferred within a few days.

Deposits 52

Deposits Billing Computation Accounts Payable 52

Accounting Today

SEPTEMBER 28, 2023

The Governmental Accounting Standards Board floated a proposal to set requirements for some types of capital assets to be disclosed separately by state and local governments for purposes of note disclosures.

Accounting 189

Accounting Accounting 189

Nanonets

SEPTEMBER 28, 2023

​When it comes to b2b payments, there are a lot of different options and methods out there. And with so many options available, it can be tough to know which one is right for your business. That's why we've put together this comprehensive guide to making b2b payments. We'll cover everything from the different types of b2b payment methods to how to choose the right one for your business.

QuickBooks 52

QuickBooks Invoicing Reconciling Data Entry 52

Accounting Tools

SEPTEMBER 28, 2023

Related Courses Accounting for Investments GAAP Guidebook What is Amortized Value? Amortized value is the recorded amount of a security , adjusted for any applicable amortization of premium or discount. The premium or discount is the excess or reduced amount, respectively, that an investor pays the issuer of a security, which adjusts the effective interest rate of the security that will be earned by the investor.

Accounting 40

Accounting Accounting 40

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

Nanonets

SEPTEMBER 28, 2023

= Cross-border payments have become increasingly popular as businesses and individuals alike seek to capitalize on opportunities in foreign markets. Yet, these payments can be fraught with challenges, from foreign exchange risks to compliance with local regulations. In this blog, we will explore the challenges of cross-border payments and some possible solutions to mitigate those risks.

Invoicing 52

Invoicing Accounts Payable Accounts Payable AP 52

Accounting Tools

SEPTEMBER 28, 2023

Related Courses Bookkeeping Guidebook How to Audit Receivables New Controller Guidebook What is the Allowance for Bad Debts? The allowance for bad debts is a reserve against the amount of accounts receivable that customers may not pay. When actual bad debts are recognized , they are charged against this allowance account. By using an allowance for bad debts, a business can charge off the incremental expected change in bad debts as soon as receivables are recorded.

Accounts Receivable 40

Accounts Receivable Account Receivables Accounts Receivable Collections 40

Nanonets

SEPTEMBER 28, 2023

As a business owner, you may not be ready to take on the expense of a full-time employee. Perhaps you only need someone for a short-term project or to fill in during busy periods. Whatever the reason, if you do decide to hire an Independent Contractor, it’s important to understand that Independent Contractors often have distinct financial needs and characteristics when it comes to payments Independent contractors can require high than once a month frequency on payroll.

Budgeting 52

Budgeting Invoicing Payroll Accounting Software 52

Accounting Tools

SEPTEMBER 28, 2023

Related Courses Accounting for Inventory Budgeting Cost Accounting Fundamentals What is an Actual Cost? Actual cost is the actual expenditure made to acquire an asset , which includes the supplier -invoiced expense, plus the costs to deliver, set up, and test the asset. This is the cost of an asset when it is initially recorded in the financial statements as a fixed asset.

Financial Statements 40

Financial Statements Budgeting Cost Accounting Invoicing 40

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Bleisure travel — where employees combine work and leisure — has been around since the advent of corporate travel and is here to stay. Successful bleisure policies strike a balance between employee preferences and company goals — workers report a 64% improvement in work-life balance, while companies benefit from reduced travel costs and increased workforce innovation.

Nanonets

SEPTEMBER 28, 2023

In today's business world, more and more companies are doing business internationally. This means that they need to be able to accept payments from customers in other countries. In order to do this, they need to have a way to process international payments. One of the most popular methods of processing international payments is through PayPal. PayPal allows businesses to accept payments from customers in over 190 countries.

Invoicing 52

Invoicing Accounts Payable Accounts Payable AP 52

Accounting Tools

SEPTEMBER 28, 2023

Related Courses Accounting Changes and Error Corrections What is an Accounting Change? An accounting change is a change in accounting principle , accounting estimate , or the reporting entity. These changes can trigger modifications in the reported profits or other financial aspects of a business. They are covered in more detail below. An accounting change may require discussion in the notes accompanying the financial statements.

Financial Statements 40

Financial Statements Accounting Accounting Accruals 40

Nanonets

SEPTEMBER 28, 2023

What is Electronic Funds Transfer (EFT)? ​​If you've ever used online banking, chances are you've used Electronic Funds Transfer, or EFT. But what is EFT, exactly? EFT stands for Electronic Funds Transfer. It is a system of transferring money from one bank account to another without the use of paper checks, or cash. One of the advantages of EFT is that it's relatively quick - payments can be processed and transferred within a few days.

Deposits 52

Deposits Billing Computation Accounts Payable 52

Accounting Tools

SEPTEMBER 28, 2023

Related Courses Accounting for Earnings per Share Public Company Accounting and Finance What is Average Shares Outstanding? The average shares outstanding concept is used to calculate earnings per share information. The average shares outstanding figure is inserted into the denominator of the earnings per share calculation, to derive the earnings per share in a reporting period.

Accounting 40

Accounting Accounting 40

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.

Invoicing