Accounting Today

DECEMBER 14, 2023

The International Internal Audit Standards Board voted to approve a set of new standards that are expected to be released in January.

Auditing 320

Auditing Accounting Accounting 320

Accounting Department

DECEMBER 14, 2023

We're happy to announce that AccountingDepartment.com is gearing up for its 10th Vistage ChairWorld event in January! As a proud National Sponsor for the past decade, this event holds a special place in our hearts, and we can't wait to reconnect with familiar faces and forge new connections in 2024.

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199

Accounting Today

DECEMBER 14, 2023

The Financial Accounting Standards Board issued an accounting standards update Thursday aimed at improving income tax disclosures from companies.

Tax 317

Tax Financial Accounting Accounting Accounting 317

Compleatable

DECEMBER 14, 2023

Our developers have been hard at work this year, listening to feedback from our iCompleat users and constantly improving your experience. Cast your mind back to January (insert ‘it feels like a lifetime ago’ comments here!)- a New Year, and some new tweaks to your user experience. We made it even easier to create a new order by adding the layout and supplier within the Requisition form, as well as adding a shiny new duplicate function to Purchase Orders.

Purchase Order 130

Purchase Order Accruals Invoicing AP 130

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 With construction projects becoming more complex, outdated processes are no longer sustainable.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.

Invoicing

Accounting Today

DECEMBER 14, 2023

The American Institute of CPAs provided information for U.S. accounting professionals on the potential impact on their out-of-state engagements if some of the pending legislation in some states on licensure requirements is enacted.

CPA 310

CPA Accounting Accounting 310

Compleatable

DECEMBER 14, 2023

Our developers have been hard at work this year, listening to feedback from our iCompleat users and constantly improving your experience. Cast your mind back to January (insert ‘it feels like a lifetime ago’ comments here!)- a New Year, and some new tweaks to your user experience. We made it even easier to create a new order by adding the layout and supplier within the Requisition form, as well as adding a shiny new duplicate function to Purchase Orders.

Purchase Order 130

Purchase Order Accruals Invoicing AP 130

Insightful Accountant

DECEMBER 14, 2023

Tax training has been added to the QuickBooks Online Accountant, ProAdvisor Training tab. Training is available for both ProConnect Tax Online and Intuit Tax Advisor products.

Tax 105

Tax QuickBooks Accounting Accounting 105

Accounting Today

DECEMBER 14, 2023

High-stakes Treasury guidance for claiming hydrogen production tax credits has drawn the ire of Senator Joe Manchin.

Tax 239

Tax 239

Plooto

DECEMBER 14, 2023

The strategic Risk and Partnerships hires will build on Plooto's 2023 momentum and supercharge market expansion in 2024 to further support growing businesses

XERO 104

XERO 104

Accounting Today

DECEMBER 14, 2023

The U.S. has spelled out new rules for tax credits manufacturers can receive for domestically producing parts necessary for the energy transition — and there's a clear divide for miners and processors.

Tax 200

Tax 200

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.

Cevinio

DECEMBER 14, 2023

We will uncover Alpar’s insights on maintaining an effective P2P team, with a special focus on the transformative power of automation technology. Additionally, we’ll discuss AP challenges and, more importantly, solutions to overcome them. During this interview, you will learn about: Keys to having an effective P2P function The transformative impact of AP automation: before and after Important features in AP Automation for operational success Factors for a successful transformation Ab

AP 100

AP Accounts Payable Accounts Payable Accounts Receivable 100

Accounting Today

DECEMBER 14, 2023

The Institute of Management Accountants reported increased salaries and job opportunities for Certified Management Accountants as opposed to those without certifications.

Management Accounting 200

Management Accounting Accounting Accounting 200

Reconciled Solutions

DECEMBER 14, 2023

What you need to know about the Chicago Paid Leave and Paid Sick and Safe Leave Ordinance and paid time off requirements for Chicago workers. The post Chicago Paid Leave and Paid Sick and Safe Leave Ordinance appeared first on Reconciled Solutions.

Reconciling 98

Reconciling 98

Accounting Today

DECEMBER 14, 2023

The International Sustainability Standards Board is providing information to companies to help them adopt its sustainability and climate disclosure standards before they take effect in January.

Accounting 195

Accounting Accounting 195

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!

Payroll

Enterprise Recovery

DECEMBER 14, 2023

When clients fail to pay their invoices on time, it can negatively impact your cash flow and harm your business in various ways. Maintaining a healthy cash flow is crucial for the success of your business, so it is essential to address any issues with late payments promptly and find effective solutions to ensure a steady and stable financial foundation.

Invoicing 81

Invoicing Accounts Receivable Accounts Receivable Account Receivables 81

Accounting Today

DECEMBER 14, 2023

Amazon said the ruling confirms that it "followed all applicable laws and received no special treatment.

Billing 195

Billing Tax 195

Reconciled Solutions

DECEMBER 14, 2023

When does a business owner need to file a 1099? Here's how to understand the distinction between employees and independent contractors. The post When Does a Business Owner Need to File a 1099-NEC Form? appeared first on Reconciled Solutions.

Reconciling 79

Reconciling Tax 79

Accounting Today

DECEMBER 14, 2023

The deal saved hundreds of Chinese companies in the U.S. from being booted off American stock exchanges but has done little to revive the flow of initial public offerings.

Auditing 189

Auditing 189

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

MineralTree

DECEMBER 14, 2023

What is Digital Invoice Approval? Digital invoice approval involves reviewing, approving, and processing invoices electronically prior to payment. An electronic approval workflow takes out the paper-based component of this process to improve transparency, allowing teams to accurately track the status of their invoices. As a result, finance teams increase efficiency , while reducing manual tasks.

Invoicing 66

Invoicing AP Accounts Payable Accounts Payable 66

Accounting Today

DECEMBER 14, 2023

Sikich, a Top 30 Firm based in Chicago, has signed an agreement to acquire the federal government practice of CliftonLarsonAllen LLP, a Top 10 Firm, effective Dec. 31.

Accounting 150

Accounting Accounting 150

Jetpack Workflow

DECEMBER 14, 2023

Podcast Summary In this episode, host David Cristello interviews Pawel Brzeminski, the founder and CEO of Snap Projections. Pawel shares his journey of launching, growing, and successfully exiting his company. He discusses why he chose not to raise money from venture capitalists and instead opted for an acquisition. Pawel also provides insights into the process of reaching a scale where the company becomes an acquisition target and shares his experiences afterward.

QuickBooks 59

QuickBooks Financial Reporting Accounting Accounting 59

Insightful Accountant

DECEMBER 14, 2023

Learn about starting your own bookkeeping business through the BooXkeeping franchise opportunity. Build a successful business that delivers a vital service in a high-demand industry.

QuickBooks 52

QuickBooks Bookkeeping 52

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

AvidXchange

DECEMBER 14, 2023

It’s undeniable that professionals in the real estate industry are using AI for all types of tasks – from writing home listings to creating algorithms that inform property investments. In this piece, we’ll share some of the most popular use cases for AI in real estate and discuss the different ways they can positively impact your business. Download our Ultimate AI Guide 1.

Accounts Payable 52

Accounts Payable Accounts Payable AP AR 52

Insightful Accountant

DECEMBER 14, 2023

Insightful Accountant's Gary DeHart as he sits down with John Hewitt as they discuss Building Franchise Empires on this episode of Accounting Insiders.

Accounting 52

Accounting Accounting 52

LedgerDocs

DECEMBER 14, 2023

Document management systems can be a make or break decision for your bookkeeping business, making the right choice for your firm is paramount. LedgerDocs is different from the rest of the document management platforms out there. It is designed by a dedicated team of bookkeepers with the bookkeeping and accounting workflow in mind. We care about our users and we believe we can be your perfect financial document management.

Data Entry 52

Data Entry QuickBooks Bookkeeping Collections 52

Counto

DECEMBER 14, 2023

Are you a foreign entrepreneur with dreams of expanding your business horizons? Singapore, often hailed as the “Lion City,” is a thriving hub for international business and a popular destination for those seeking to set up a company abroad. In this blog post, we’ll delve into the advantages and disadvantages of setting up a company in Singapore, specifically tailored to foreign entrepreneurs like you.

Corporation Tax 52

Corporation Tax Tax Financial Reporting Budgeting 52

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.

Accounting

Invoicera

DECEMBER 14, 2023

Research by the Association of Certified Fraud Examiners says that companies lose approximately 5% of their annual revenue to fraud, with expense reimbursement being one of the top areas. However, adopting modern expense management systems significantly reduces these risks by enforcing policies and providing real-time monitoring. Imagine Sarah, a sales executive who used to spend hours wrangling with receipts after every business trip.

Expense Reports 52

Expense Reports Invoicing Data Entry Budgeting 52

Accounting Tools

DECEMBER 14, 2023

What is a Betterment in Accounting? A betterment is an improvement made to a fixed asset in order to extend its useful life or increase its value. Doing so results in an enhanced asset. Expenditures on betterments are quite common for larger, more expensive assets that are expected to be in use for an extended period of time. Accounting for a Betterment The cost of a betterment can be capitalized and depreciated over time.

Auditing 40

Auditing Accounting Accounting 40

Accounting Tools

DECEMBER 14, 2023

What is Redeemable Preferred Stock? Redeemable preferred stock is a type of preferred stock that allows the issuer to buy back the stock at a certain price and retire it, thereby converting the stock to treasury stock. These terms work well for the issuer of the stock, since the entity can eliminate equity if it becomes too expensive. For example, a business issued redeemable preferred stock at a 6% dividend rate, but now finds that interest rates have dropped substantially.

Corporate Finance 40

Corporate Finance 40

Accounting Tools

DECEMBER 14, 2023

What is Stock? Stock is a security that represents a fraction of the ownership of the issuing corporation. Investors by stocks in the expectation that their value will increase, allowing the investors to eventually sell them for a profit. The stocks may also pay out dividends on an annual or quarterly basis. Thus, there are two ways to generate income from your stock holdings.

Financial Statements 40

Financial Statements Auditing Accounting Accounting 40

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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

Financial Statements