Mon.Aug 12, 2024

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"The Accountant 2" books release date

Accounting Today

The Ben Affleck-starring sequel will continue the saga of lethal and brilliant small-town CPA Christian Wolff.

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How Suitcase Records is spinning sustainability with Xero’s Beautiful Business Fund

Xero

“We believe that Australian music is a vital part of life and we want to help musicians make a living from their craft,” shared Kathy Wilson, co-founder of Suitcase Records. The family-run business operates out of Brisbane, Australia, and aims to support local musicians by providing a more sustainable PVC compound to produce high-quality vinyl records.

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Accountants bearish, mostly

Accounting Today

Accountants are generally pessimistic about the economy as a whole, but feel much more confident when it comes to their own firm and clients.

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Freelancer Staffing Solves Accounting Firm Challenges

accountingfly

“You can’t win the race for talent without hiring freelancers.” Is your accounting firm struggling to find the right talent? Freelancer staffing might be the solution you’ve been missing. In the latest episode of the Accounting Talent Podcast , Rob Brown sits down with Jeff Phillips, CEO of Accountingfly, to explore the growing impact of freelancer staffing in the accounting industry.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

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.

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Updated 1099-DA includes multiple changes

Accounting Today

There's still room for improvement, say experts.

Tax 244
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Business valuation formula

Accounting Tools

How to Value a Business There are several standard methods used to derive the value of a business. When calculated, each one will likely result in a different valuation, so an owner wanting to sell a business should use every formula and then decide what price to use. The valuation methods are noted below. There is no perfect valuation formula. Each one has issues, so the buyer and seller can be expected to argue over the real value of the entity.

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Overcoming the Accounting Talent Shortage with Outsourced Bookkeeping & Accounting

Outsourced Bookeeping

Businesses seeking financial insights to optimize their operations, CPA firms wanting to attract more clients or add value through advisory services, and accounting entrepreneurs striving to establish or scale their firms all face one critical challenge: a lack of skilled accounting talent. The Accounting Talent Crunch: Why Finding the Right People is Tough?

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SEC settles accounting, disclosure fraud charges with Ideanomics

Accounting Today

The SEC charged electric vehicle company Ideanomics and three of its executives with fraud for misleading the public about its financial performance from 2017 and 2019.

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What Is Business Exit Strategy Consulting? Best Practices & Examples

CSI Accounting & Payroll

All small business owners hope to successfully exit their business one day. If that time is coming soon (in the next few years), you need to have a plan – and exit strategies aren’t “one size fits all”.

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Financial Cents launches $9 monthly plan

Accounting Today

Financial Cents, which makes practice management software for accountants, announced a new $9 a month plan for solo practitioners.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

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.

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Are You a QuickBooks Social Media Rock Star?

Insightful Accountant

If you believe you're a QuickBooks Social Media Rock Star or Social Media Mogul, then Murph wants to help ensure you maximize your Top 100 Award potential.

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M&A Roundup: Yeo & Yeo expands

Accounting Today

Regional Leader Yeo & Yeo is growing in Southeast Michigan, while two firms in New Jersey have joined forces.

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The Future of Tax Practice: Embracing Technology in 2024

Insightful Accountant

As we navigate the complexities of the modern tax landscape, one thing becomes increasingly clear: technology is no longer just an asset; it's a necessity. The tax industry is undergoing a digital revolution, and staying ahead is crucial.

Tax 52
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Art of Accounting: Create an 'admission ticket' to an advisory services engagement pitch

Accounting Today

Consider this "introduction" as a sales effort to make the advisory services' sale.

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Building a Business Case for Finance Automation

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.

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Royalwise OWLS: Tricky Situations in QBO

Insightful Accountant

There's always an exception to the rule. And there's always an exception to the exception! It’s one thing to master routine bookkeeping techniques, but it’s completely something else to use QuickBooks for rare business transactions.

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5 Benefits of AWS SageMaker Savings Plan for Cost Management

Economize

To achieve financial stability and long-term success, setting up a well-planned budget is essential. To achieve this financial stability, AWS offers several pricing options. These diverse pricing mechanisms are designed to facilitate more effective budget management in the cloud environment.

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Cloud Cost Allocation: Basics, Benefits, and Types

finout

Visibility is the foundation of every FinOps process and the starting point covered in the inform phase of the FinOps framework. Knowing who is spending what, where, and why is essential to understanding spending patterns and establishing financial accountability within an organization. But how exactly do we gain this visibility? Through cloud cost allocation!

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Acumatica Modules

Tipalti

Discover custom-built Acumatica modules for various industries, from manufacturing to retail. With Acumatica add-ons, you can start optimizing your accounts payable processes.

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Fall In Love With the Month-End Close

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.

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Quantity variance definition

Accounting Tools

What is a Quantity Variance? A quantity variance is the difference between the actual usage of something and its expected usage. For example, if a standard quantity of 10 pounds of iron is needed to construct a widget, but 11 pounds are actually used, then there is a quantity variance of one pound of iron. The variance typically applies to direct materials in the manufacture of a product, but it could apply to anything - the number of hours of machine time used, square footage used, and so on.

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Expensify Competitors

Tipalti

Explore top Expensify competitors with AP automation. Compare features and pricing to find the best expense management solution for your business.

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Working trial balance definition

Accounting Tools

What is a Working Trial Balance? A working trial balance is a trial balance that is in the process of being adjusted. In concept, it is an unadjusted trial balance , to which is added any adjusting entries needed to close a reporting period (such as for the monthly, quarterly, or annual financial statements ). These additional entries are then entered in the general ledger , resulting in a completed trial balance.

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Business Central API

Tipalti

Unlock the full potential of Microsoft Dynamics 365 Business Central by using its API capabilities. From advanced customization to powerful data management, explore more.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

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.

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Revenue variances

Accounting Tools

What are Revenue Variances? Revenue variances are used to measure the difference between expected and actual sales. This information is needed to determine the success of an organization's selling activities and the perceived attractiveness of its products. There are three types of revenue variances, which are noted next. All three of these variances can be used to develop insights into the reasons why actual sales differ from expectations.

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Vance backs $5,000 Child Tax Credit

Accounting Today

Republican vice presidential candidate JD Vance floated more than doubling the Child Tax Credit, seeking to reframe a "pro-family" stance that has come under attack.

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Harris backs ending taxes on tips, adopting idea Trump likes

Accounting Today

Vice President Kamala Harris said she would seek to end taxes on tipped income for service industry workers — matching a proposal that her 2024 rival Republican Donald Trump has also made in a bid to court young people and working-class voters.

Tax 312