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.
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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.
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: 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.
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.
Speaker: Ashley Harlan, MBA
What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.
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.
Advertiser: Paycor
Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!
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
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
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: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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 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: 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.
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