Accounting Today
MAY 15, 2024
As the cornerstone of the "Return on Relationship" methodology, a holistic financial plan unlocks a deep and meaningful understanding of a client's personal and business realities and goals.
Accounting Department
MAY 15, 2024
In the dynamic world of entrepreneurship and business management, every decision you make can significantly impact your business's trajectory. Whether it's choosing between investing in new technology or expanding your product line, the choices are endless and often complex.
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Accounting Today
MAY 15, 2024
Small and midsized business owners and their financial advisors have deep concerns about the damaging impact of bribery and corruption, according to a new survey.
Xero
MAY 15, 2024
This guest blog was written by the team at app partner, Airwallex. Airwallex is excited to announce the release of its new Airwallex Bill Pay solution, taking hours out of paying invoices and automating the entire process in one place. With Airwallex Bill Pay, you can manage each step of paying a bill within the Airwallex platform, from uploading and importing invoices to approving and sending the payment, saving your finance team hours of manual work.
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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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.
Accounting Today
MAY 15, 2024
Tax professionals will need to take extra steps to get access to certain systems and information.
Ace Cloud Hosting
MAY 15, 2024
Clear communication is vital for completing tasks accurately and efficiently. When it comes to tax firms, understanding information in the right way is very crucial, as one mistake can hinder.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Ace Cloud Hosting
MAY 15, 2024
Handling critical financial or accounting data takes work. If you are an accountant or running an accounting firm, using accounting software, such as Sage 50, can make your daily operations.
Accounting Today
MAY 15, 2024
More than half of phone calls to HMRC are now going unanswered.
Ace Cloud Hosting
MAY 15, 2024
According to Accounting Today, “The accounting software market will have a global value of $11.8 billion by 2026, according to new market research, at an expansion rate of 8.6 percent.
Accounting Today
MAY 15, 2024
U.K.-based IRIS Software announced its acquisition of Swipeclock, the Utah-based maker of solutions WorkforceHub and ApplicantStack.
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
Nolan Accounting Center
MAY 15, 2024
The word “innovation” may conjure up an image of inventors working on their next big project. But innovation is much broader and deeper than that image. As stated by an unknown author, “Innovation is the process of creating value by applying novel solutions to meaningful problems.” Former CEO of Apple, Steve Jobs said, “Innovation is the ability to see change as an opportunity–not a threat.
Accounting Today
MAY 15, 2024
A lack of partner alignment and accountability can get in the way of creating sustainable change.
Insightful Accountant
MAY 15, 2024
Responding to IRS notices for clients is a time-consuming and costly task for tax practitioners, especially with the increase in notices post-COVID.
Nanonets
MAY 15, 2024
Do you usually eat Chinese food in restaurants? Do you want to understand Chinese or become more familiar with Chinese culture? If so, you must be able to either copy and paste Chinese into a translator for greater comprehension or extract some Chinese materials for further study. The only exception is that you will require Chinese OCR software is to first recognize the Chinese characters in the PDF or picture if you're dealing with scanned Chinese documents.
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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.
Insightful Accountant
MAY 15, 2024
Tax pros face challenges as Congress plans to extend the TCJA next year. Partisan bill passage in 2017 and turnover in the House Ways and Means Committee complicate the process. Pros await the outcome with uncertainty.
CSI Accounting & Payroll
MAY 15, 2024
Many people have a hard time making or sticking to a budget for their small business. After all, it’s difficult enough to follow a budget in your personal life! So, how can you be sure that you’re budgeting the right way when it comes to your business? You’re starting strong by reading what the experts have to say. At CSI Accounting & Payroll, we’ve worked with small business finances for over 50 years.
Insightful Accountant
MAY 15, 2024
You can now import 'Journal Entries' (in batch, if needed) into QuickBooks Online. Murph takes you step-by-step through the process.
Future Firm
MAY 15, 2024
To market to existing clients, you can use various strategies like newsletters, guides, etc. Learn which tactic is better than them all. The post The Marketing Tactic You Should Be Using (But Aren’t) appeared first on Future Firm.
Speaker: Anna Tiomina, MBA
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
Tipalti
MAY 15, 2024
Learn essential tips and strategies to streamline your procurement process, optimize inventory control, and boost overall efficiency with our comprehensive overview of purchase order management.
Accounting Tools
MAY 15, 2024
What is Transaction Risk? Transaction risk is the probability that a party to a business transaction will lose money due to an adverse change in the relevant foreign exchange rate. This is a particular concern for organizations that conduct significant amounts of business in other countries. The parties to such a transaction can use hedging techniques to reduce or eliminate transaction risk.
Tipalti
MAY 15, 2024
Procurement data management plays a vital role in the efficiency and effectiveness of your overall procurement process. Learn the best ways to manage your procurement data.
Accounting Tools
MAY 15, 2024
What is a Tax Election? A tax election is a choice made by a taxpayer among several possible options for how to deal with a situation from a tax reporting perspective. A tax election may have consequences related to the timing and amount of taxes paid. Examples of Tax Elections Here are several examples of tax elections that a taxpayer might make: A business can elect to be taxed as a C corporation or an S corporation A business can choose to keep its accounting records under the cash basis of a
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Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.
Tipalti
MAY 15, 2024
From vendor management to contract negotiation, discover the best practices essential for mastering the modern purchasing process. Elevate your procurement game today.
Accounting Tools
MAY 15, 2024
What are Termination Benefits? Termination benefits are cash and other services paid to employees when their employment has been terminated. The extent of these benefits may be based on company policy or they may be negotiated on an individual basis. The most common termination benefits are as follows: Severance payment. A common termination benefit is a severance payment, which may be seniority-based, or perhaps a standard payment for all employees within a certain job classification who are be
Accounting Tools
MAY 15, 2024
What is a Term Loan? A term loan is a lending arrangement that provides a borrower with a fixed sum of cash. In exchange, the borrower must repay the loan via a fixed number of installment payments over the term of the loan. This type of loan is typically for a period of longer than one year. The intent behind a term loan is usually to provide a business with the funds to acquire cash-generating assets (such as machinery or inventory ) that can then be used to pay back the loan.
Accounting Tools
MAY 15, 2024
What is a Trust Receipt? A trust receipt is a legal document, stating that a borrower of funds has physical possession of certain property that is held in trust for the lender. Under this arrangement, the lender retains title to the underlying assets until the borrower pays back a designated debt to the lender. Upon repayment of the loan , the borrower gains title to the underlying assets.
Speaker: Melissa Hurrington
Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.
Accounting Tools
MAY 15, 2024
What is a Treasury Warrant? A treasury warrant is an authorization that a payment be made from a public treasury, usually in the form of a check. Government disbursements are paid with treasury warrants.
Accounting Tools
MAY 15, 2024
The tolerable deviation rate is the largest percentage variance experienced in audit sampling that an auditor will accept in order to rely upon a specific control. If the deviation rate is higher than this threshold value, then the auditor cannot rely upon the control. Thus, it is the largest failure rate that an auditor will allow for a control procedure, while still concluding that the control is operating effectively.
Accounting Tools
MAY 15, 2024
A transaction exchange gain or loss is triggered when there is a fluctuation in the exchange rate of two currencies that are applied to a business transaction. This is a particular risk when there is an extended period of time until a transaction is scheduled to be settled, since it leaves more time in which exchange rate fluctuations can occur. Example of a Transaction Exchange Loss For example, an American business commits to pay a European supplier in Euros, and the U.S. dollar weakens betwee
Accounting Tools
MAY 15, 2024
What is Translation Risk? Translation risk is the risk of incurring losses when there are adverse changes in exchange rates. Translation risk can arise in the following circumstances: When you pay a supplier in another currency. If the payment is scheduled for a future date, and if the exchange rate for this currency increases in the interim, then you will sustain a loss on the currency translation.
Speaker: Yohan Lobo
In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.
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