A holistic solution to accounting's retention problem
Accounting Today
APRIL 25, 2024
Firms must transform their business models to afford the cost of multilayered retention strategies, a new report by the Pennsylvania Institute of CPAs says.
Accounting Today
APRIL 25, 2024
Firms must transform their business models to afford the cost of multilayered retention strategies, a new report by the Pennsylvania Institute of CPAs says.
Accounting Department
APRIL 25, 2024
When you have a small or mid-size business, one of the issues you can run into is not having all the departments a larger company would have. In other words, you might not have dedicated employees for HR, accounting, and other areas.
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Accounting Today
APRIL 25, 2024
Sens. Cassidy and Warren teamed up to introduce legislation aimed at making math error notices from the IRS easier to understand.
FinOps Foundation
APRIL 25, 2024
Key Insight: In March, AWS delivered four updates that help FinOps Practitioners tackle their top two key priorities this year , namely reducing waste or unused resources and managing commitment discounts. The recommended approach is to address both usage and rate optimization in tandem, and the FinOps Framework Domains have been updated to reflect that approach.
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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.
Accounting Today
APRIL 25, 2024
A recent experiment tested different generative AI models against each other on the CPA Exam and found they each have their own strengths and weaknesses.
FinOps Foundation
APRIL 25, 2024
Key Insight: In March, AWS delivered four updates that help FinOps Practitioners tackle their top two key priorities this year , namely reducing waste or unused resources and managing commitment discounts. The recommended approach is to address both usage and rate optimization in tandem, and the FinOps Framework Domains have been updated to reflect that approach.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Insightful Accountant
APRIL 25, 2024
Insightful Accountant is looking for a few Good ProAdvisors who want to contribute an analysis of apps we intend to compare. Do you like to review apps, more importantly, do you regularly work with a few great apps, you might be our Pros.
Accounting Today
APRIL 25, 2024
Speedy sentencing; WWTF; no longer Confident; and other highlights of recent tax cases.
Insightful Accountant
APRIL 25, 2024
When taxpayers realize their federal tax return has a math error, missing income or other mistake, they should file an amended tax return.
Accounting Today
APRIL 25, 2024
The Internal Revenue Service and the Treasury Department released final regulations on the transfer of clean energy manufacturing, investment and production tax credits, with specific rules for partnerships and S corporations.
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.
Accounting Tools
APRIL 25, 2024
What is a Downward Demand Spiral? A downward demand spiral occurs when a business eliminates products without sufficiently reducing the overhead costs associated with them. When this happens, overhead is allocated across the fewer remaining products, which increases their cost per unit. With a higher cost base, management is more likely to increase the prices of the remaining products, which makes them harder to sell.
Accounting Today
APRIL 25, 2024
Optimizing your presence online can maximize the reach of your client advisory services practice — and all your other practices, as well.
Accounting Tools
APRIL 25, 2024
What is a Loan Shark? A loan shark is a person or business that charges a higher interest rate for loans than is allowed by law. Maximum interest rates are typically set at the state level, so an entity is considered a loan shark if it lends above the legal interest rate in the state in which it does business. Loan sharks use threats of various kinds to obtain repayment.
Accounting Today
APRIL 25, 2024
An overwhelming 77% of registered voters in the seven states that will decide the 2024 presidential election like the idea of a billionaires tax to bolster Social Security shortfalls.
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.
Accounting Tools
APRIL 25, 2024
What is Recognition in Accounting? Recognition is the recordation of a business transaction in an entity's accounting records. Here are several examples of recognition: Recognition of a loss. A loss is recognized on a lower of cost or market analysis, thereby recording the loss in the accounting records. Recognition of a sale. A sale transaction is recognized by recording revenue in the accounting records.
Accounting Today
APRIL 25, 2024
Cum-Ex was a tax-driven trading strategy in which a global network of bankers, lawyers and agents exploited loopholes on dividend payout laws across Europe to reap duplicate tax refunds.
RevCycle
APRIL 25, 2024
Summary Healthcare debt is a growing concern in the United States, placing a significant burden on both patients and providers. While Artificial Intelligence (AI) is making waves in the debt collection industry, this paper argues that a human-centric approach focused on empathy, understanding, and flexible solutions can achieve higher netback for healthcare providers while treating patients with dignity and respect.
Accounting Today
APRIL 25, 2024
Companies are increasingly prioritizing cybersecurity, executive compensation clawbacks and more.
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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.
Ace Cloud Hosting
APRIL 25, 2024
One of the most popular desktop-based accounting and financing management software, QuickBooks Enterprise, is a game changer for many. From invoicing to payroll and inventory management, QuickBooks Enterprise helps you.
CSI Accounting & Payroll
APRIL 25, 2024
When it comes to small business bookkeeping, there are a few options. Here, we hone in on two of them: bookkeeping services and bookkeeping software. You might think that the only thing to consider is price, but there are a few key differences to highlight before you decide to move forward with a bookkeeping solution. At CSI Accounting & Payroll, we’ve worked with small business accounting for over 50 years.
oAppsNet
APRIL 25, 2024
A robust content management strategy is essential for businesses to create, organize, and distribute content effectively. We’re here to help you develop and implement an effective content management strategy that drives engagement, enhances brand visibility, and ultimately achieves business objectives. 1. Define Clear Goals and Objectives The foundation of any successful content management strategy lies in defining clear and measurable goals and objectives.
Insightful Accountant
APRIL 25, 2024
Oracle Fusion Cloud ERP solution helps U.S. federal agencies increase efficiency and provide better services to their constituents.
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.
accountingfly
APRIL 25, 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!
Cloud Accounting Podcast
APRIL 25, 2024
Blake and David take a dive into Google's decision to offshore accounting jobs to Mexico and India, which Google’s CFO claims is necessary to free up resources to invest in AI. They also discuss the stagnation of CPA salaries despite a shortage of talent. The conversation touches on a variety of other topics, including the modernization of the IRS, the future of the CPA profession, and advice for young accountants looking to carve their own career paths in a rapidly changing industry.
Accounting Tools
APRIL 25, 2024
What is Invoice Factoring? Factoring is the use of a borrowing entity's accounts receivable as the basis for a financing arrangement with a lender. The borrower is willing to accept a factoring arrangement when it needs cash sooner than the payment terms under which its customers are obligated to pay. Factors are usually willing to advance funds quite rapidly under this type of arrangement.
Invoicera
APRIL 25, 2024
Introduction Are you having a hard time creating professional invoices? You’re not alone. According to the survey, more than 60% of small business owners consider it a time-consuming and irritating task to issue invoices. Worry no more! Online invoice generators have made it possible for businesses to manage billing in different ways. With just a few clicks, you can now make professional-looking and clean invoices with no need for design skills.
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.
Accounting Tools
APRIL 25, 2024
What is Stakeholder Value? Stakeholder value involves creating the optimum level of return for all stakeholders in an organization. This is a more broad-based concept than the more common shareholder value, which usually focuses just on maximizing net profits or cash flows. The stakeholder value concept still places some emphasis on net profits or cash flows, but it also incorporates the needs of other stakeholders, such as employees, the local community, governments, customers , and suppliers.
Jetpack Workflow
APRIL 25, 2024
Podcast Summary In this episode of Growing Your Firm, host David Cristello interviews Jordan Sublette, the CEO and founder of Cloud Accounting Staffing. Jordan shares his journey of building and selling his firm, and dives into the world of outsourcing talent. They discuss the challenges of talent crunches and how Jordan navigated through them. Tune in to gain insights on building a successful firm and leveraging outsourcing effectively.
Accounting Tools
APRIL 25, 2024
What is an Odd Lot? An odd lot is a share holding of less than 100 shares. It is considered to be an insignificant amount of stock, which issuing companies try to eliminate in order to avoid the expense of having to issue annual reports and stockholder voting materials to these shareholders. A shareholder may inadvertently find himself with an odd lot holding for several reasons, including: A reverse stock split reduced the entity's holdings to a level below 100 shares The shareholder is an empl
Accounting Tools
APRIL 25, 2024
What is a Returned Check? A returned check is a check that is not paid by the financial institution on which it was drawn. The party that initially received this check and cashed it must reverse the transaction in its accounting records once it has been notified by the bank. This party may also be charged a fee by its bank. Reasons for a Returned Check The usual reason for a returned check is that the account on which it was drawn does not contain enough funds to pay for the full amount of the c
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.
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