Accounting Today

NOVEMBER 1, 2023

In an ever-shifting global landscape full of economic uncertainties, the traditional role of chief financial officers is undergoing a seismic evolution.

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Accounting Department

NOVEMBER 1, 2023

Business owners strive to maximize their company’s profits. After all, profits are the primary metric of a successful business. However, not everyone understands the difference between revenue and profit, and why it matters for their business.

Accounting 260

Accounting Accounting 260

Accounting Today

NOVEMBER 1, 2023

The service issued its annual adjustments for retirement plans, with some reflecting changes in the SECURE 2.0 Act.

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Tax 331

Xero

NOVEMBER 1, 2023

We’re excited to announce our official judging panel for the Xero Awards UK 2024. This year’s panel is made up of Xero leadership, as well as guest judges from the Xero community, including previous Xero Award-winners and industry leaders. They’re taking on the difficult task of selecting our winners for the 12 accountant, bookkeeper and app partner award categories.

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XERO Bookkeeping Account Bookkeeping Invoicing 232

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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

Accounting Today

NOVEMBER 1, 2023

Taxpayers will now have through Jan. 10, 2025, to fix a refund claim.

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Tax 321

Insightful Accountant

NOVEMBER 1, 2023

I put my mind to work while I was at SuiteWorld to think about new ways to 'imagineer' the uses for the new NetSuite Field Service Management feature.

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Accounting Tools

NOVEMBER 1, 2023

Related Courses How to Audit Payroll Optimal Accounting for Payroll Payroll Management The calculation of payroll involves the determination of gross pay , followed by the subtraction of deductions and payroll taxes to arrive at net pay. The calculation of payroll is a highly regimented process. This calculation should be followed meticulously, to ensure that there are no mistakes in the amount of net pay issued to employees , or taxes paid to the government.

Payroll 75

Payroll Accruals Collections Tax 75

Accounting Today

NOVEMBER 1, 2023

Choreo, a Chicago-based independent investment advisory firm that spun off from Top 10 Firm RSM US last year, has acquired an $8.1 billion wealth management practice from BDO USA.

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Accounting Tools

NOVEMBER 1, 2023

Related Courses Financial Analysis The Interpretation of Financial Statements Cost volume profit analysis shows how changes in product margins, prices, and unit volumes impact the profitability of a business. It is one of the fundamental financial analysis tools for ascertaining the breakeven point , given different cost levels and sales volumes. The components of the analysis are as follows: Activity Level The activity level is the total number of units sold in the measurement period.

Financial Analysis 75

Financial Analysis Financial Statements 75

Accounting Today

NOVEMBER 1, 2023

Adams Brown merged in VonFeldt, Bauer & VonFeldt; Doeren Mayhew acquired practice from Button Eddy & Sorrentino; and the Virginia Society of CPAs acquired Don Farmer, CPA, PA.

CPA 195

CPA Accounting Accounting 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

Accounting Tools

NOVEMBER 1, 2023

Related Courses Accounting for Intangible Assets Fixed Asset Accounting How to Audit Fixed Assets A patent is considered an intangible asset ; this is because a patent does not have physical substance, and provides long-term value to the owning entity. As such, the accounting for a patent is the same as for any other intangible fixed asset, which is: Initial recordation.

Accounting 75

Accounting Accounting Auditing 75

Accounting Today

NOVEMBER 1, 2023

The Public Company Accounting Oversight Board has revised its standard-setting, rulemaking and research agendas for the year ahead after a series of unprecedented changes this past year.

Accounting 195

Accounting Accounting Auditing 195

Accounting Tools

NOVEMBER 1, 2023

Related Courses Accounting for Inventory Cost Accounting Fundamentals How to Audit Inventory Direct material is the physical items built into a product. For example, the direct materials for a baker include flour, eggs, yeast, sugar, oil, and water. The direct materials concept is used in cost accounting , where this cost is separately classified in several types of financial analysis.

Cost Accounting 75

Cost Accounting Financial Analysis Budgeting Auditing 75

Accounting Today

NOVEMBER 1, 2023

In this Vendor Spotlight, we learn more about procure-to-pay solution Airbase.

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195

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

NOVEMBER 1, 2023

Related Courses Accounting for Inventory Cost Accounting Fundamentals What is Factory Cost? Factory cost refers to the total cost required to manufacture goods. This concept is the basis for several cost accounting analyses. Factory costs have traditionally been broken down into the following three categories of cost. Direct Materials Direct materials is the cost of those materials directly associated with the production of goods.

Cost Accounting 75

Cost Accounting Accounting Accounting 75

Accounting Today

NOVEMBER 1, 2023

Annual pay increased 5.7% year over year in another sign of continuing strength in the economy despite interest hikes and inflation.

Payroll 195

Payroll Accounting Accounting 195

Accounting Tools

NOVEMBER 1, 2023

Related Courses Accountants' Guidebook Bookkeeping Guidebook New Controller Guidebook An accountant is a person who records business transactions on behalf of an organization, reports on company performance to management, and issues financial statements. Here are several examples of the types of transactions in which an accountant may become involved: Issuing an invoice to a customer , which involves recording a sale and account receivable.

General Ledger 75

General Ledger Accounting Accounting Financial Statements 75

Accounting Today

NOVEMBER 1, 2023

Jean Stephens, who has led the group for 17 years, plans to step down in May 2024 and become a senior advisor to the network.

Accounting 145

Accounting Accounting 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

NOVEMBER 1, 2023

Related Courses Activity-Based Costing Cost Accounting Fundamental What is an Expense Allocation? An expense allocation occurs when indirect costs are assigned to cost objects. Expense allocations are required by several accounting frameworks in order to report the full cost of inventory in the financial statements. A cost object is anything for which a cost is compiled.

Financial Statements 75

Financial Statements Cost Accounting Financial Reporting Accounting 75

Ace Cloud Hosting

NOVEMBER 1, 2023

In today’s ever-changing world, tax professionals face a daunting challenge: keeping up with the ever-evolving tax laws and regulations. With the increasing globalization of business and the rapid pace of.

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Tax QuickBooks 71

Cloud Accounting Podcast

NOVEMBER 1, 2023

A former Vegas hotel manager is accused of stealing over $773,000 in guest refunds and using the money to live lavishly. We unpack how he allegedly pulled off the massive refund scam and what could have been done to catch it sooner. Need CPE? Get CPE for listening to podcasts with Earmark: [link] Subscribe to the Earmark Podcast: [link] Get in Touch Thanks for listening and the great reviews!

Accounting 62

Accounting Accounting 62

AvidXchange

NOVEMBER 1, 2023

LaneTerralever, a premier full-service creative and digital marketing agency, is known for strengthening the connection between people and brands through strategy, creativity and technology. With award-winning campaigns that go beyond the scope of creative, the company understands what it takes to be successful in a complex and crowded marketplace. It takes more than a great idea.

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AP Customer Service Billing Invoicing 52

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

Future Firm

NOVEMBER 1, 2023

Effectively managing emails can be a time-consuming task. Explore these tools that can aid in handling your inbox and enhance efficiency. The post 3 Top Tools for Efficient Email appeared first on Future Firm.

Accounting 52

Accounting Accounting 52

Tipalti

NOVEMBER 1, 2023

Effortlessly calculate invoice processing fees with our Stripe fee calculator. Get precise cost breakdowns and help streamline your payment processing.

Invoice Processing 52

Invoice Processing Invoicing 52

Accounting Tools

NOVEMBER 1, 2023

Related Courses Business Combinations and Consolidations CPA Firm Mergers and Acquisitions Divestitures and Spin-Offs Mergers and Acquisitions What is a Management Buyout? A management buyout occurs when the existing management team of a business buys the company from its shareholders. This can generate substantial wealth for the management team and gives them greater control over the business.

CPA 40

CPA 40

Accounting Today

NOVEMBER 1, 2023

Letitia James alleges all three Trump children were central figures in a scheme to inflate the former president's assets by as much as $3.6 billion a year to get better terms on loans and insurance policies.

Accounting 189

Accounting Accounting 189

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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.

Accounting Tools

NOVEMBER 1, 2023

Related Courses Constraint Management Cost Accounting Fundamentals What is Capacity Cost? Capacity costs are expenditures made to provide a certain volume of goods or services to customers. For example, a company may operate a production line on three shifts in order to provide goods to its customers in a timely manner. Each successive shift constitutes an incremental capacity cost.

Cost Accounting 40

Cost Accounting Tax Accounting Accounting 40

Accounting Today

NOVEMBER 1, 2023

House Republicans would paid for aid to Israel by slashing funds for the Internal Revenue Service.

Billing 195

Billing Tax 195

Accounting Tools

NOVEMBER 1, 2023

Related Courses Investor Relations Guidebook Public Company Accounting and Finance What is an Earnings Call? An earnings call is a conference call between the senior managers of a public company and members of the investment community, to discuss the performance of the business. Earnings calls are intended to provide investors with additional clarification about the financial results and financial position stated in a firm’s financial statements , typically expanding upon and explaining financia

Financial Statements 40

Financial Statements Financial Reporting Accounting Accounting 40

Accounting Tools

NOVEMBER 1, 2023

Related Courses Fraud Examination Fraud Schemes How to Audit for Fraud What is Aggressive Accounting? Aggressive accounting is the use of optimistic projections or gray areas in the accounting standards to overstate a firm’s financial performance. These actions are taken to give the investment community a falsely enhanced view of a business, or for the personal gain of management.

Accounting 40

Accounting Accounting Financial Statements Auditing 40

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.

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