Accounting Today

OCTOBER 16, 2024

While other industries rapidly adopt data-driven solutions like artificial intelligence (AI), many CPA firms still rely on spreadsheets and processes that merely digitize the traditional paper-based approach.

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CPA 226

FinOps Foundation

OCTOBER 16, 2024

Key Insight: FinOps is continuing to shift from managing cost as an operational afterthought to a key consideration in the product design process. Data-driven business conversations about what to build, which features to include, and where to build it are now happening before engineers are handed requirements to start developing. FinOps teams can estimate, monitor, and optimize the unit cost of a product or service from inception to help drive cost-aware product decisions before architecture beg

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FinOps FinOps Budgeting Billing 130

Accounting Today

OCTOBER 16, 2024

Ernst & Young is leveraging its $1 billion investment in talent and technology to expand the use of artificial intelligence and machine learning over the next four years.

Auditing 183

Auditing 183

Intuit

OCTOBER 16, 2024

This year, Intuit Mailchimp employees took to the streets to affirm that “We see you.” I’m Sam Vaughn, a senior program manager at Intuit Mailchimp. I work on employee programs and events, producing activations for Mailchimp and our Atlanta HQ. Most of our employee events happen onsite, so the Atlanta Pride Parade is especially exciting being able to bring the Intuit culture to the community.

QuickBooks 130

QuickBooks 130

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Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.

Accounting Today

OCTOBER 16, 2024

The Allinial Global president and CEO will be succeeding longtime chief Barry Melancon, who is retiring at the end of this year.

Accounting 209

Accounting Accounting 209

Counto

OCTOBER 16, 2024

Integrating Spend Analytics into Financial Audits for Singapore SMEs In today’s data-driven world, small and medium-sized enterprises (SMEs) in Singapore are increasingly recognising the importance of spend analytics in refining their financial audits. By effectively incorporating spend analytics into their auditing processes, SMEs can uncover discrepancies and ensure compliance with financial regulations, leading to improved operational efficiency and financial stability.

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Auditing Budgeting Purchase Order Collections 52

Counto

OCTOBER 16, 2024

Enhancing Corporate Governance with Spend Analytics in Singapore SMEs In Singapore’s competitive landscape, small and medium enterprises (SMEs) face challenges in corporate governance and compliance. Company secretaries play a vital role in addressing these challenges, and spend analytics can significantly enhance their effectiveness. This blog explores how company secretaries can use spend analytics to ensure compliance and improve transparency in financial reporting.

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Auditing Financial Reporting Budgeting Collections 52

Accounting Today

OCTOBER 16, 2024

The Internal Revenue Service says it is processing some 400,000 claims for the Employee Retention Credit, representing about $10 billion of eligible claims.

Tax 171

Tax 171

Counto

OCTOBER 16, 2024

Mitigating Payment Errors with Spend Analytics: A Guide for SMEs in Singapore Payment errors can significantly affect small and medium-sized enterprises (SMEs) in Singapore. To maintain cash flow and strong supplier relationships, effective financial transaction management is crucial. Spend analytics offers valuable insights that help SMEs reduce payment discrepancies and improve accuracy in their financial processes.

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Accounts Payable Accounts Payable Invoicing Billing 52

Accounting Today

OCTOBER 16, 2024

SAP announced improvements to its spend management and business network solutions, not least of which is the embedding of a generative AI assistant.

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Setting the stage for successful organizational change always begins with clear, thoughtful communication. When it comes to rolling out a new travel and expense (T&E) policy, establishing a well-structured communication plan is key to ensuring that all employees understand the changes and their impact. By following a step-by-step approach, you can guide your organization through the transition, fostering smooth adoption from the outset and improving compliance.

Counto

OCTOBER 16, 2024

Importance of Financial Transparency for Nominee Directors In Singapore’s dynamic business environment, nominee directors play a critical role in ensuring companies adhere to regulatory standards and practise sound corporate governance. As financial scrutiny increases, the demand for transparency becomes ever more essential. A key strategy for nominee directors to enhance this transparency and accountability in their financial dealings is through the effective use of spend analytics.

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Budgeting Tax Accounting Accounting 52

Accounting Today

OCTOBER 16, 2024

Whether someone incorporates their business now as the year comes to a close or waits until the new year can affect their company in various ways.

Tax 171

Tax 171

Insightful Accountant

OCTOBER 16, 2024

Murph is starting a new 'How to" series related to various ERPs. In today's version he's selected a core functionality of Acumatica involving a Warehouse Manager, a Warehouse Worker, and Receiving Clerk.

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Accounting Today

OCTOBER 16, 2024

The CFP Board, the FPA, FSI, NAPFA and the IAA called jointly for the restoration of incentives for financial planning as part of the looming TCJA debate.

Tax 156

Tax 156

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Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be

Accounting

Insightful Accountant

OCTOBER 16, 2024

In the aftermath of Hurricanes Milton and Helene, the Internal Revenue Service today cautioned taxpayers of scammers who use fake charities to gather sensitive personal and financial data from unsuspecting donors.

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Accounting Today

OCTOBER 16, 2024

The new regulatory environment has faced legal challenges, creating uncertainty for companies and auditors.

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Auditing Tax Accounting Accounting 136

Future Firm

OCTOBER 16, 2024

Advisory services give clients peace-of-mind, but they're often delivered ad hoc. Here's how to offer advisory services on a recurring basis. The post How to Turn Advisory Work Into a Recurring Service appeared first on Future Firm.

Accounting 52

Accounting Accounting 52

oAppsNet

OCTOBER 16, 2024

In today’s fast-paced, technology-driven world, businesses constantly seek ways to stay competitive, enhance efficiency, and reduce costs. One of the most powerful strategies for achieving these objectives is process automation, a tool that not only streamlines operations but also improves accuracy and frees up human resources for more complex and creative work.

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Data Entry Collections Invoice Processing Customer Service 52

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Global business travel is surging, with companies spending as much as or more than they did before the pandemic. This trend is expected to continue, with more growth on the horizon. The types of travelers are also changing, with millennials and Gen Zers taking on the majority of the load. Business travel is evolving, and younger generations expect less hassle, even though there are more ways to book and pay for travel than ever before.

Accounting

Counto

OCTOBER 16, 2024

ACRA’s New Contact Address Regime: What Business Owners Need to Know As a business owner in Singapore, staying informed about regulatory changes is crucial. The Accounting and Corporate Regulatory Authority (ACRA) has recently introduced a significant update that affects how your address information is displayed in public records. Let’s break down what this means for you.

Tax 52

Tax Accounting Accounting 52

Economize

OCTOBER 16, 2024

What is Azure Storage? Azure Storage is a cloud-based service that offers scalable, and highly available storage solutions to store and manage various types of data, from simple text files and images to large-scale analytics datasets.

Computation 52

Computation 52

Counto

OCTOBER 16, 2024

Beneficial Ownership Information (BOI) Reporting: A Guide for Singapore SMEs As a small business owner in Singapore, keeping up with regulatory requirements like Beneficial Ownership Information (BOI) reporting is vital. It’s not just about staying compliant—it’s about ensuring your business is transparent, trustworthy, and well-positioned for growth.

Tax 52

Tax Payroll Auditing Accounting 52

AvidXchange

OCTOBER 16, 2024

Choosing an accounts payable (AP) automation provider is an important decision for any organization. While it’s valuable to consider features like invoice processing, payment capabilities, and accounting system integrations , customer service and onboarding support often play key role s in determining the long-term success of your automation efforts.

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AP Customer Service Accounts Payable Accounts Payable 52

Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

AR

Counto

OCTOBER 16, 2024

Exploring Beneficial Ownership Requirements for Singapore Businesses Establishing a business in Singapore offers immense opportunities, yet it comes with various regulatory obligations. One key aspect that new entrepreneurs must grasp is Beneficial Ownership Requirements. Understanding these regulations is vital for ensuring compliance, promoting transparency, and protecting your business from potential legal issues.

Corporation Tax 52

Corporation Tax Auditing Record Keeping Tax 52

Analytix Finance & Accounting

OCTOBER 16, 2024

Financial independence is not just a concept; it’s an achievable goal for businesses. It’s more than simply covering operational costs or having a financial cushion. It’s about establishing a sustainable financial ecosystem that promotes stability, growth, and long-term security. This involves implementing sound financial strategies, optimizing cash flow, and making informed investment decisions.

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Accounting Accounting Financial Reporting Budgeting 52

Counto

OCTOBER 16, 2024

Singapore Maintains Strong Standing with a 4th Place in the Global Financial Centres Index Singapore has reinforced its status as a leading global financial centre, achieving fourth place in the 2024 Global Financial Centres Index (GFCI). This esteemed ranking showcases the resilience and strength of Singapore’s financial services sector and its supportive business environment, making it an attractive choice for Singapore SMEs and investors alike. 1.

Corporation Tax 52

Corporation Tax Financial Services Tax Bookkeeping 52

Nanonets

OCTOBER 16, 2024

Data is the life of business operations. Organisations have vast oceans of information, from invoices and purchase orders to customer forms and legal documents. However, the real challenge lies not in having this data, but in effectively extracting, processing, and utilising it. This is where Intelligent Data Extraction (IDE) comes into play – a revolutionary approach that's transforming how businesses handle information.

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Data Entry Invoicing Purchase Order Auditing 52

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

Accounting

Counto

OCTOBER 16, 2024

Why the Global Financial Centres Index (GFCI) Matters in the Business Industry As a small business owner in Singapore, understanding the dynamics of the global financial landscape is essential for your success. The Global Financial Centres Index (GFCI) plays a crucial role in shaping business strategies by evaluating the competitiveness of financial centres worldwide.

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Financial Services Tax 52

Insightful Accountant

OCTOBER 16, 2024

We want to know what our readers thought about the Intuit Enterprise Suite ProAdvisor Training presented on Wednesday, October 16th. Has your comfort level changed?

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Counto

OCTOBER 16, 2024

How Singapore’s Startups Can Secure Against Banking Fraud In today’s digital age, online banking is crucial for startups and SMEs in Singapore. However, the rise of online banking fraud poses significant risks. As a small business owner, ensuring the security of your financial transactions is essential for maintaining trust and protecting your resources.

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Tax Accounting Accounting 52

Counto

OCTOBER 16, 2024

Securing Accounting Practices Against Online Banking Fraud As a small business owner, managing finances online can enhance efficiency but also exposes your company to potential online banking fraud. Securing your accounting practices is crucial to avoid financial and reputational damage. Below, we explore practical steps to detect and prevent fraud effectively. 1.

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Accounting Accounting Auditing Tax 52

Speaker: Joe Sharpe and James Carlson

Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.

Payroll