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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208

Accounting Today

DECEMBER 14, 2023

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

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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

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Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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

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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: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

Collections

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 93

Reconciling 93

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

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

Accounts Payable

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.

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Invoicing Accounts Receivable Accounts Receivable Account Receivables 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

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 67

Reconciling Tax 67

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

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It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

Accounting

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

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.

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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

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

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

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

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.

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Expense Reports Invoicing Data Entry Budgeting 52

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.

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 Today

DECEMBER 14, 2023

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

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Billing Tax 195

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.

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Financial Statements Auditing Accounting Accounting 40

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