Accounting Today

DECEMBER 28, 2023

Good-bye, sailor; concrete evidence; lack of protection; and other highlights of recent tax cases.

Tax 312

Tax 312

Accounting Department

DECEMBER 28, 2023

Each year, our team gears up to attend events all over the United States that AccountingDepartment.com proudly sponsors. As a proud supporter of Vistage International, Entrepreneurs’ Org, EOS Worldwide, CEO Coaching International, Genius Network, Small Giants Summit, HubZone, Women Presidents’ Organization, and B2B CFO®, our team gets to experience many great events, meet many amazing people, and see our clients from all over.

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234

Accounting Today

DECEMBER 28, 2023

The Financial Accounting Standards Board has decided not to add several projects to its technical agenda, including one on commodities, despite requests.

Financial Accounting 312

Financial Accounting Accounting Accounting Financial Reporting 312

Accounting Tools

DECEMBER 28, 2023

What is the Long-Term Debt to Equity Ratio? The long-term debt to equity ratio is a method used to determine the leverage that a business has taken on. When the ratio is comparatively high, it implies that a business is at greater risk of bankruptcy , since it may not be able to pay for the interest expense on the debt if its cash flows decline. This is more of a problem in periods when interest rates are increasing, or when the cash flows of a business are subject to a large amount of variation

Financial Statements 75

Financial Statements 75

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 With construction projects becoming more complex, outdated processes are no longer sustainable.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 28, 2023

A DOL study uncovered problems in almost a third of employee benefit plan audits — but that's actually an improvement.

Auditing 304

Auditing 304

Accounting Tools

DECEMBER 28, 2023

What is a Trial Balance? A trial balance is an accounting report that states the ending balance in each general ledger account. This means that it states the ending balance for each asset, liability, equity, revenue, gain, and loss account in an accounting system. This report is printed as part of the period-ending closing process, as stated in the closing procedure.

General Ledger 75

General Ledger Record Keeping Financial Statements Auditing 75

Accounting Tools

DECEMBER 28, 2023

What are Operating Activities? Operating activities are those functions of a business that are required for it to provide goods and services to its customers. These constitute its core operating activities. Operating activities is also a classification of cash flows within the statement of cash flows. Items classified within this area are an entity’s primary revenue -producing activity, so cash flows are generally associated with revenues and expenses.

Accounts Receivable 75

Accounts Receivable Accounts Receivable Account Receivables Collections 75

Accounting Today

DECEMBER 28, 2023

The profession's leaders discuss how they are influencing their potential successors.

Accounting 240

Accounting Accounting 240

Outsourced Bookeeping

DECEMBER 28, 2023

Why Choose Xero Could Be The Best Choice for your Accounting and Bookkeeping Needs Searching for the best bookkeeping and accounting solution? Presenting Xero, a financial management industry game-changer. Xero stands out as a leader in helping businesses manage complex financial environments because it offers an all-inclusive collection of tools that streamline accounting procedures.

XERO 59

XERO Bookkeeping Outsourced Bookkeeping Data Entry 59

Accounting Today

DECEMBER 28, 2023

The arguments in Moore v. U.S. carry major potential implications, but these 14 excerpts suggest SCOTUS will deliver a less sweeping decision next year.

Tax 235

Tax 235

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

DECEMBER 28, 2023

We sat down with Tailor to get his thoughts on being a Top 25 Up-N-Coming ProAdvisor, his journey, path to success, and constant evolution to give their clients the best value.

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59

Accounting Today

DECEMBER 28, 2023

The Treasury Department and the Internal Revenue Service issued guidance for producers of clean electricity and other forms of renewable energy if they begin constructing projects next year that fall short of the necessary requirements for domestically manufactured components.

Tax 204

Tax 204

NextProcess

DECEMBER 28, 2023

If your company is already using enterprise resource planning (ERP) software like Microsoft Dynamics 365, SAP, or NetSuite then you might wonder how that could affect other software you might want to use to automate specific financial processes. ERPs are great for managing processes at a high level, operating as a sort of “nerve center” for companies.

Purchase Order 52

Purchase Order Accounts Payable Accounts Payable Budgeting 52

Accounting Today

DECEMBER 28, 2023

The company said the city used the presence of its Cruise self-driving unit to tie its tax bill to a portion of its global revenue.

Billing 195

Billing Tax Corporation Tax 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

Insightful Accountant

DECEMBER 28, 2023

StanfordTax is a "tax 'information' collector" app. It saves both you and your clients time using the power of AI.

Tax 52

Tax 52

Accounting Today

DECEMBER 28, 2023

Firms of any size can inspire a world-changing culture that starts from the inside of the organization and expands into other spheres of influence.

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finout

DECEMBER 28, 2023

?Explore Datadog's magic: Learn what is Datadog, what does Datadog do, and what Datadog is used for in modern businesses. ?

FinOps 52

FinOps FinOps 52

Accounting Today

DECEMBER 28, 2023

There is a shift among successful accounting firms, from an individual book of business model to the cultivation of revenue segment leaders.

Accounting 154

Accounting Accounting 154

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

Analytix Finance & Accounting

DECEMBER 28, 2023

For many small businesses, the year-end accounting process can feel overwhelming. From tax preparation to budgeting and planning for the next year to ensuring you’re on top of technology and software updates, it can feel like there’s a lot to do within a short time. But there are many benefits to getting everything in order before the end of the financial year.

Budgeting 52

Budgeting Accounting Accounting Record Keeping 52

Accounting Today

DECEMBER 28, 2023

As part of this year's Top 100 Most Influential People survey, Accounting Today asked, "Do you currently mentor someone? What do you get out of it?

Accounting 154

Accounting Accounting 154

Gaviti

DECEMBER 28, 2023

Collections calls typically rely on a team of individuals, each responsible for his or her own accounts. Although the idea is for the collections teams to build a rapport with their customers, the approach is flawed. It seems counterintuitive, but automating the collection process to communicate as much information as possible regarding customer invoices ahead of time and relying on collection calls later in the customer lifecycle can drastically reduce the collection calls your business needs t

Collections 52

Collections Invoicing Accounts Receivable Accounts Receivable 52

Accounting Today

DECEMBER 28, 2023

Honkamp, a Regional Leader based in Dubuque, Iowa, merged in Schowalter & Jabouri, one of the 20 largest CPA firms in the St. Louis metro area, effective Dec. 2, 2023.

CPA 145

CPA 145

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

Accounting Tools

DECEMBER 28, 2023

What is a Paycheck? A paycheck is a check issued by an employer to its employees, to compensate them for the work they have performed for the organization. A paycheck contains the net amount of salary or wages paid to an employee. A pay stub is normally attached to a paycheck, detailing an employee’s gross pay , itemized deductions, and net pay. Paychecks may be replaced by electronic payments, such as direct deposit , that send the pay amount directly into an employee’s bank account.

Deposits 40

Deposits Payroll Auditing Accounting 40

Accounting Today

DECEMBER 28, 2023

Through international cooperation and greater transparency, the OECD's Inclusive Framework suggests countries can develop more effective rules to minimize tax avoidance.

Tax 140

Tax Corporation Tax 140

Accounting Tools

DECEMBER 28, 2023

What is Indirect Labor? Indirect labor is the cost of any labor that supports the production process, but which is not directly involved in the active conversion of materials into finished products. Depending on the complexity of an organization’s production and materials sourcing operations, indirect labor can be greater than the direct labor incurred in its production activities.

Financial Analysis 40

Financial Analysis Cost Accounting Payroll Tax 40

Tipalti

DECEMBER 28, 2023

Discover the versatility of ACH APIs and their real-world applications. Learn how this powerful technology simplifies financial transactions and revolutionizes online payments.

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40

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

Accounting Tools

DECEMBER 28, 2023

What is a Trend Line? A trend line is a series of plotted data points that indicate a direction. The trend line may be extended to indicate a future direction by using a moving average calculation, exponential smoothing, or some similar technique. Trend line analysis is useful for budgeting and forecasting, and is commonly used in technical analysis.

Financial Analysis 40

Financial Analysis Financial Statements Budgeting 40

Tipalti

DECEMBER 28, 2023

Ramp and BILL (formerly Bill.com) offer invoice management and payment solutions–but with different approaches. Which solution fits your business needs?

Billing 40

Billing Invoicing 40

Accounting Tools

DECEMBER 28, 2023

What is Overburden? Overburden is the rock or soil overlying a mineral deposit. The removal of overburden can occur during the development and production phases of a mine. It is removed when a mining company intends to access the mineral deposit from the surface. It can eventually be used to cover over (restore) a decommissioned mining site. Accounting for Overburden Stripping costs are incurred when removing overburden in order to obtain access to a commercially-producible mineral deposit.

Deposits 40

Deposits Accounting Accounting 40

Tipalti

DECEMBER 28, 2023

Ready to maximize business efficiency? Compare top Ramp alternatives to see which provides the most seamless AP automation and expense management automation solutions.

AP 40

AP 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