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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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: 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.

AP

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

Advertisement

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

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

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 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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189

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: 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.

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: 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

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: 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

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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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.