Fri.Aug 30, 2024

article thumbnail

On the move: Herbein names client experience manager

Accounting Today

OSCPA makes 66th Hall of Fame induction; CohnReznick opens digital forensic lab; and more news from across the profession.

299
299
article thumbnail

Bookkeeping vs. Accounting: Here’s how they differ

Intuit

What’s the difference between bookkeeping and accounting? These two professions seem to go hand in hand. Some even use the words interchangeably in conversation. But the truth is that they’re not as similar as some may think. In this guide, we’ll dive into the finer points of the two professions. We’ll define each, explore the differences between bookkeeping and accounting, and discuss what it takes to pursue roles in the fields.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Tech news: CohnReznick touts new digital forensics lab

Accounting Today

Plus, Crowe solution streamlines financial spreading process; Patriot Software releases new payroll, compliance tools; and other accounting tech news.

Payroll 298
article thumbnail

How to Use QuickBooks Enterprise to Track Inventory

Ace Cloud Hosting

Running an inventory-based business comes with its own unique set of challenges. Beyond the usual responsibilities of payroll, customer service, and budgeting, managing and accounting for Inventory adds another layer.

article thumbnail

Forecasting Failures Are Costly: Here's How To Fix Them

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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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

article thumbnail

Deloitte rower earned gold at Paris Olympics

Accounting Today

Olli Zeidler was one of 10 Deloitte professionals who competed at the 2024 Olympics and Paralympics.

article thumbnail

Steps to Rebuild Your Business Credit Score

Enterprise Recovery: Accounts Receivable

A business credit score is crucial for your company's financial health and reputation. It reflects your ability to manage credit responsibly and can impact your ability to secure financing, negotiate favorable terms with suppliers, and attract potential business partners. A strong business credit score demonstrates your reliability as a borrower and opens up opportunities for growth and expansion.

85

More Trending

article thumbnail

GenAI for Finance and Accounting: Empowering Accounting Professionals with Next-Gen Tech

Ace Cloud Hosting

Integrating Generative Artificial intelligence (GenAI) into various industries has become a topic of intense interest, and finance and accounting are no exceptions.

article thumbnail

2025 tax planning: The four boxes you need to check

Accounting Today

Transfer pricing, Pillar Two, GLAM and more are important considerations.

Tax 222
article thumbnail

Celebrating Labor Day Monday 9/2/2024

Insightful Accountant

All of us at Insightful Accountant want to wish all of you, and your families a great Labor Day as we celebrate this day of recognizing all that the American 'working man and woman' have done for this great country, the United States of America.

article thumbnail

The Fundamentals: Tax research software

Accounting Today

In this installment of The Fundamentals, we asked firm leaders and tech experts the basics of selecting a tax research solution.

Tax 182
article thumbnail

Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

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

article thumbnail

Paying tax with a smile

Accounting Fun

At the end of a serious tax investigation, the Inspector of Taxes announced that the taxpayer owed over £10,000. The Inspector continued: "You know, paying tax is your civic duty and you should be proud to do what's right. I'd like to see you settle your liability with a smile." To which the recalcitrant taxpayer replied: "Thank Goodness for that. I thought you'd want money.

Tax 45
article thumbnail

US seeks dispute consultations on Canada's digital services tax

Accounting Today

The U.S. has taken a first step toward a potential challenge of Canada's digital services tax on large foreign technology companies under the North American trade deal.

Tax 173
article thumbnail

Advanced Energy credit applications open for next step

Accounting Today

The IRS has received over 800 project proposals seeking over $40 billion in credits.

Tax 173
article thumbnail

Harris to propose tax credit new small businesses

Accounting Today

Vice President Kamala Harris said she would unveil a proposal to provide a tax credit for new small businesses next week, as she visited a local gift and kitchen supply store in Georgia.

Tax 189
article thumbnail

Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

article thumbnail

Tax issues spark Harris campaign

Accounting Today

As the presidential campaign heats up and with a hotly anticipated debate coming between Vice President Kamala Harris and former President Donald Trump, a tax expert is weighing in with his thoughts about the child tax credit and other proposals.

Tax 173