Accounting Today

APRIL 18, 2024

If an enterprise doesn't accurately measure and manage cash flow effectively, it won't be able to make sound financial decisions for the future.

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Accounting Department

APRIL 18, 2024

Last week, the AccountingDepartment.com team attended the 2024 Entrepreneurial Operating System (EOS) Conference in San Diego, CA.

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Accounting Today

APRIL 18, 2024

PricewaterhouseCoopers US is realigning its organizational structure across three lines of service — Assurance, Tax and Advisory — starting in July.

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Tax 317

Cevinio

APRIL 18, 2024

How AI and RPA Are Transforming Accounts Payable Processes in the Year Ahead Introducing Our Whitepaper: “8 Accounts Payable Trends to Watch” In the dynamic landscape of financial operations, staying ahead means understanding the evolving trends shaping the future of Accounts Payable (AP). Our latest whitepaper delves into “8 Accounts Payable Trends to Watch: How AI and Robotics Are Transforming Accounts Payable Processes in the Year Ahead.” As businesses navigate through

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Accounts Payable Accounts Payable AP Accounting 130

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

APRIL 18, 2024

Accounting and finance professionals are expressing greater confidence about the world economy this year, according to a new survey.

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Accounting Accounting 336

Insightful Accountant

APRIL 18, 2024

Murph takes a first look at 'Figured', a cloud-based agribusiness software app that works with either QuickBooks Online or Xero and that he thinks is '"perfect for farming and ranching.

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XERO QuickBooks 110

Jetpack Workflow

APRIL 18, 2024

Podcast Summary In this insightful episode of the “Growing Your Firm” podcast, brought to you by Jetpack Workflow, host David Cristello is joined by special guest Adam Lean , CEO and co-founder of The CFO Project. Adam shares his expertise on how accountants can go beyond traditional number-crunching by engaging with clients through meaningful conversations that resemble therapeutic sessions.

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Bookkeeping Financial Statements Accounting Accounting 106

Accounting Today

APRIL 18, 2024

Ernest John Nedder, a partner and chief strategy officer at RSM US LLP, will be the next CEO of the RSM International network, succeeding longtime CEO Jean Stephens on June 1.

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Accounting Accounting 211

Plooto

APRIL 18, 2024

Managing cash flow effectively is an essential aspect of running a business smoothly. However, many small businesses struggle with cash flow management, especially if they don’t have a lot of experience in bookkeeping and accounting.

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Bookkeeping Accounting Accounting 105

Accounting Today

APRIL 18, 2024

The process of becoming a remote partner isn't much different from the traditional path — but it may take a little extra effort.

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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

Accounting Tools

APRIL 18, 2024

What is a Contingency? A contingency arises when there is a situation for which the outcome is uncertain, and which should be resolved in the future, possibly creating a loss. This situation commonly arises when a business is the defendant in a lawsuit, or has guaranteed the payment of a debt incurred by a third party. Examples of Contingencies As an example of a contingency, Armadillo Industries has been notified by the local zoning commission that it must remediate abandoned property on which

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Accounting Accounting Financial Statements Auditing 75

Accounting Today

APRIL 18, 2024

Ross Tennenbaum said he intends to improve its customer experience, and hinted at an e-invoicing partnership with a blue chip company.

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Invoicing Tax 200

Economize

APRIL 18, 2024

Google Axion Processor is a groundbreaking development in custom silicon chips, a result of Google’s relentless pursuit of innovation. These custom Arm®-based CPUs represent a significant leap forward in computing technology, with industry-leading performance and energy efficiency.

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Computation 59

Accounting Today

APRIL 18, 2024

The lawsuit accuses the SEC of acting without authority to create the Consolidated Audit Trail.

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Auditing 195

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

Insightful Accountant

APRIL 18, 2024

This is the day that I rise early and head to the cemetery to remember my friend, Ted L. Allen, who died in the bombing of the Alfred P. Murrah Federal Building in Oklahoma City.

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Accounting Today

APRIL 18, 2024

Experts from the Fed, Intuit and the Urban-Brookings Tax Policy Center explored ideas for more effective ways to advance the goals of the mortgage interest deduction.

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Tax 150

Invoicera

APRIL 18, 2024

Introduction Starting out a new business venture? Catching up on a few business terms can help you become a Pro early! While starting out your own new business venture can be really exciting, it can be nerve-wrenching too at the same time. Unfamiliarity with new business terms can cause a hindrance in understanding and communicating with clients. Especially, when related to the sale of physical goods, you need to catch up fast with the inside business terms.

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Accounting Today

APRIL 18, 2024

Some remote partners act as a beachhead in new markets, allowing access to clients far beyond a firm's local geography.

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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

CSI Accounting & Payroll

APRIL 18, 2024

When you buy a fixed asset for your small business, how are you supposed to handle that in your books? Over the years, the government has created a few methods to choose from. At CSI Accounting & Payroll, we’ve worked with monthly accounting for small businesses for over 50 years. We’ve advised thousands of prospective clients on how they can handle fixed assets, including the newest method: the De Minimis Safe Harbor election.

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Payroll Accounting Accounting Small Business Accounting 52

oAppsNet

APRIL 18, 2024

In today’s fast-paced digital landscape, cash apps have revolutionized how we manage our finances. Among these innovative platforms, oAppsNET Cash Apps stand out for their versatility and comprehensive features. From personal budgeting to business expense management, oAppsNET Cash Apps offer various use cases to streamline financial transactions and optimize cash flow.

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Budgeting Invoicing Billing Reconciling 52

AvidXchange

APRIL 18, 2024

Payment fraud is a major concern in accounts payable (AP) departments. According to a recent survey, “ The State of B2B Payment Security in 2024 ,” conducted by AvidXchange and the Institute of Finance & Management (IOFM), 76% of AP leaders said their department has experienced payment fraud in the past calendar year. Though opportunities for payment fraud are prevalent in today’s AP departments and the related financial losses are significant, many organizations do not have adequate measure

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AP Invoicing Billing Accounts Payable 52

accountingfly

APRIL 18, 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 accountants 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!

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General Ledger CPA Accounting Accounting 52

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

Reconciled Solutions

APRIL 18, 2024

With the right metrics to track your small biz performance, you can avert disaster before it strikes your business. Find out how. The post Dashboard metrics to Keep a Pulse on your Small Biz Performance appeared first on Reconciled Solutions.

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Reconciling 52

Nanonets

APRIL 18, 2024

In today's fast-paced business environment, efficient management of accounts receivable (AR) and accounts payable (AP) is crucial for maintaining a healthy cash flow. Invoices are an essential part of this. Invoice creation and Invoice processing are critical steps in these processes. NetSuite's robust invoice management system offers a powerful solution to automate and streamline the invoicing process, boosting efficiency and improving your bottom line.

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Invoicing AR AP Accounts Payable 52

Gaviti

APRIL 18, 2024

As an assessment and diagnostic tool, it’s hard to overstate the importance of your company’s accounts receivable (AR) collections aging report. Also known as “ accounts receivable reconciliation ,” this is a common report that offers a broad overview of a company’s financial status as well as the status of its customers and their abilities to pay. What Is an AR Aging Report?

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Accounts Receivable Account Receivables Accounts Receivable AR Collections 52

Accounting Tools

APRIL 18, 2024

What is Income Tax Payable? Income tax payable is a liability that an entity incurs that is based on its reported level of profitability. The tax can be payable to a variety of governments, such as the federal and state governments within which the entity resides. Once the organization pays the income tax , the liability is eliminated. As an alternative to payment, the income tax liability can be reduced through the application of offsetting tax credits granted by the applicable government entit

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Tax Expense Reports Accounting Accounting 40

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 Today

APRIL 18, 2024

Biden's pitch for a fair Tax Code and Werfel's quest for a digitally transformed IRS are among the key issues to pay attention to after the dust has settled on tax season.

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Tax 340

Accounting Tools

APRIL 18, 2024

What is a Consignor? A consignor is the owner of goods, which it has sent to a consignee to be sold to a third party. The consignor designation commonly arises when a producer of goods does not have a sales function, and so transfers the goods to another party that has the capability to sell them on behalf of the consignor. What is a Consignee? A consignee is the recipient of goods shipped to it by a consignor.

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Auditing Accounting Accounting 40

Accounting Today

APRIL 18, 2024

Donald Trump is under pressure from economists in his circle to embrace a flat tax rate, softer trade stance and to hold the line on the state and local tax deduction.

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Tax 195

Accounting Tools

APRIL 18, 2024

What is Property, Plant, and Equipment? Property, plant, and equipment (PP&E) includes tangible items that are expected to be used in more than one reporting period and that are used in production, for rental, or for administration. This can include items acquired for safety or environmental reasons. In certain asset-intensive industries, PP&E is the largest class of assets.

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Computation Auditing Tax Accounting 40

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Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.