Accounting Today

OCTOBER 4, 2023

The service is reducing the annual cost of a Preparer Tax Identification Number after a court ruled that the charge was too high.

Tax 345

Tax 345

The Successful Bookkeeper

OCTOBER 4, 2023

For small CPA and bookkeeping firms with fewer than five employees, the decision to outsource can be transformative. It offers access to specialised skills, cost savings, and scalability during peak seasons. However, a significant concern that often lingers is, "How can I quickly onboard the right Outsource resources?". In this article, we will explore the crucial aspect of effective onboarding and integration of Outsource accounting professionals, emphasising the need for a swift and seamless p

CPA 98

CPA Bookkeeping Accounting Accounting 98

Accounting Today

OCTOBER 4, 2023

Neither the IRS nor Congress has specifically addressed the tax deductibility of ransomware payments made to hackers, nor has FASB.

Tax 334

Tax Accounting Accounting 334

Insightful Accountant

OCTOBER 4, 2023

Based on the most recent Intuit QuickBooks Small Business Index, small businesses with one to nine employees in the US created 16,00 jobs in September, an increase of only 0.1325% over August.

QuickBooks 98

QuickBooks 98

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Accounting

Accounting Today

OCTOBER 4, 2023

The worst five states for tax preparer scams averaged more than 32 million reported scams in 2023.

Tax 331

Tax 331

Cloud Accounting Podcast

OCTOBER 4, 2023

Sharon Lassar, Ph.D., CPA, and Director of the School of Accountancy at the University of Denver, shares concerns and perspectives on CPA licensure, including the resistance to changing the 150-hour requirement, the challenges of online learning and potential cheating, the impact on the value of the CPA designation, and the need for leadership and action from organizations like the AICPA and NASBA to address these issues and improve the profession.

CPA 90

CPA Accounting Accounting 90

CSI Accounting & Payroll

OCTOBER 4, 2023

When you run a small business, there are tons of numbers involved. A lot of owners are focused on the basics like sales and expenses, and they trust their accountant to handle their statements. However, while an annual tax accountant can give you a reflection of your last year, you might not have a deeper understanding of what each line on your financial statements means.

Financial Statements 87

Financial Statements Payroll Tax Accounting 87

Accounting Today

OCTOBER 4, 2023

The Top 50 Firm is expanding its presence in Texas by adding a firm based in Dallas.

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Billing Platform

OCTOBER 4, 2023

A generally accepted accounting principle (GAAP), ASC 606 revenue recognition identifies the specific conditions in which revenue can be recognized and provides a framework for how companies need to account for revenue received. Essentially, the revenue recognition principle states that revenue can only be recognized once it has been earned – not necessarily when payment is received.

Financial Statements 81

Financial Statements General Ledger Billing Data Entry 81

Accounting Today

OCTOBER 4, 2023

Annual pay grew 5.9% year over year, as both job growth and wage growth slackened in September.

Payroll 317

Payroll Accounting Accounting 317

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.

Payroll

Accounting Tools

OCTOBER 4, 2023

Related Courses How to Audit Procurement Purchasing Guidebook What is a Purchases Journal? A purchases journal is a subsidiary-level journal in which is stored information about purchasing transactions. This journal is most commonly found in a manual accounting system , where it is necessary to keep high-volume purchasing transactions from overwhelming the general ledger.

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General Ledger Purchase Order Accounts Payable Accounts Payable 75

Accounting Today

OCTOBER 4, 2023

The IRA is providing mechanisms for transferring tax credits for clean energy projects, incentivizing developers and investors to get involved, along with their tax advisors.

Tax 204

Tax 204

Accounting Tools

OCTOBER 4, 2023

Related Courses The Interpretation of Financial Statements What is Profitability? Profitability is a situation in which an entity is generating a profit. Profitability arises when the aggregate amount of revenue is greater than the aggregate amount of expenses in a reporting period. If an entity is recording its business transactions under the accrual basis of accounting , it is quite possible that the profitability condition will not be matched by the cash flows generated by the organization, s

Accruals 75

Accruals Financial Statements Tax Accounting 75

Accounting Today

OCTOBER 4, 2023

In this Vendor Spotlight, we catch up with Bitwave co-founder and CEO Patrick White.

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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.

RevCycle

OCTOBER 4, 2023

Dignity and respect are two important concepts that are often confused with each other. However, there is a subtle but important difference between the two. Dignity is the inherent worth and value of a person. It is something that we all have, regardless of our circumstances or actions. Dignity is not something that can be earned or taken away. Respect is the act of showing esteem or deference for someone.

Collections 70

Collections 70

Earmark Accounting Podcast

OCTOBER 4, 2023

Blake is joined by Twyla Verhelst, Head of Accountant Channel at FreshBooks, to discuss a groundbreaking concept in advisory known as "Collaborative Accounting." This innovative approach aims to enhance collaboration between accountants and clients by providing a platform for efficient financial management. They delve into various aspects of this new approach, including FreshBooks' certification program, dedicated support for accounting partners, and a community for accountants to exchange best

Accounting 59

Accounting Accounting CPA 59

Economize

OCTOBER 4, 2023

What is an ETL pipeline? Before we dive into building pipelines with GCP Dataflow and Apache Beam, let’s understand what an ETL pipeline actually is. ETL, which stands for Extract, Transform, Load, serves as the backbone for data-driven decisions in modern enterprises.

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Dext

OCTOBER 4, 2023

As we automate more processes for efficiency, there’s a looming threat of eroding the personal connections that truly enrich client relationships. It’s a valid concern, but let’s clear the air — it doesn’t have to be an either-or scenario. Yes, you can have your cake and eat it too.

Accounting 52

Accounting Accounting 52

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.

CPA

Tipalti

OCTOBER 4, 2023

What’s the difference between ERP and CRM and which fits your business needs? Learn how to evaluate the similarities and differences between ERPs and CRMs.

Accounts Payable 52

Accounts Payable Accounts Payable Accounting Accounting 52

Insightful Accountant

OCTOBER 4, 2023

The business banking platform’s contest celebrates and rewards business owners for their resilience, impact and commitment to building lasting, profitable businesses. Details inside.

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52

Tipalti

OCTOBER 4, 2023

Organizations with multiple locations or business units face unique accounting challenges. Review our lineup of the top-rated multi-entity accounting software solutions for 2023.

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Accounting Software Accounting Accounting Accounts Payable 52

Future Firm

OCTOBER 4, 2023

Many busy firm owners exhibit a lack of established boundaries. In such instances, clients tend to exert significant influence and negatively impact various aspects of their operations. In this episode, I shared the boundaries you need to implement in your firm for you to be in control. Listen Below. 0:51 – Recently, a coaching client with a rapidly growing firm shared his problem.

Accounting 52

Accounting Accounting 52

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

CloudZero

OCTOBER 4, 2023

New automated insights compare cloud spend to rigorous standards of normalcy, giving engineers a simple optimization workflow.

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52

finout

OCTOBER 4, 2023

Recapping the key insights from AWS re:Invent 2022 and gearing up for the 2023 edition in Las Vegas, set for Nov 27-Dec 1.

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FinOps FinOps 52

5 Minute Bookkeeping

OCTOBER 4, 2023

In today’s fast-paced digital world, bookkeepers face various challenges when it comes to marketing their services and effectively. Traditional marketing approaches can be time consuming and expensive , leaving bookkeepers searching for other solutions. One marketing solution I use and highly recommend? ChatGPT , an artificial intelligence chatbot. Today, I’ll go over ChatGPT for bookkeepers and how to become a marketing machine in 3 steps.

Bookkeeping 52

Bookkeeping Virtual Bookkeeping QuickBooks Accounts Payable 52

finout

OCTOBER 4, 2023

? Explore the topic of cloud rate optimization, exploring its importance for businesses, and insights into the most effective implementation strategies.

FinOps 52

FinOps FinOps 52

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Accounting Tools

OCTOBER 4, 2023

Related Courses Bookkeeping Guidebook Telephone expense is the cost associated with all land lines, fax lines, and cell phones during a usage period. If a cost is incurred in advance, then it is initially recorded as a prepaid expense , and later recognized as telephone expense in the period in which the service is actually used. This cost is usually stored in a separate general ledger account that may be aggregated with other utilities when it is reported on an organization's income statement.

General Ledger 40

General Ledger Bookkeeping Accounting Accounting 40

NACM

OCTOBER 4, 2023

Striving for success is a relentless pursuit that drives individuals to reach their fullest potential and achieve their goals. The same applies to credit professionals who seek to become valuable assets within their department to achieve departmental and company goals. NACM's Professional Certification Program helps credit professionals grow to be.

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5

Accounting Tools

OCTOBER 4, 2023

Related Courses Excel Formulas and Functions Financial Analysis Introduction to Excel What is Present Value? Present value is the current worth of cash to be received in the future with one or more payments, which has been discounted at a market rate of interest. The present value of future cash flows is always less than the same amount of future cash flows, since you can immediately invest cash received now, thereby achieving a greater return than from a promise to receive cash in the future.

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Financial Analysis Accounting Accounting 40

Intuit

OCTOBER 4, 2023

Table of Contents Overview Key findings Overview Small businesses play a pivotal role in the global economy as engines of innovation and job creation. Despite their critical importance, the insights needed to fully understand the health and challenges of small businesses have been in short supply. Until now. This year marks the inaugural release of the Intuit QuickBooks Small Business Index Annual Report.

QuickBooks 301

QuickBooks Payroll Accounting Software Accounting 301

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.

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