Thu.Dec 07, 2023

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SEC warns auditors about cash flow statement

Accounting Today

The Securities and Exchange Commission's chief accountant cautioned auditors and public companies about the statement of cash flows after spotting problems that could lead to a financial restatement.

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Getting the most from a mentoring relationship

Intuit

Working with a mentor can be a powerful way to build your skills, advance your career, and develop a strong professional network. But what’s the best way to go about it? When you make a connection with a role model with time and insights to share, how do you get the most from the opportunity? In our last blog, we talked about why mentorship matters.

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Are special districts too special for meaningful financial data comparisons?

Accounting Today

Municipal bond investors and government regulators could benefit from easier access to consistent, machine-readable financial data from government bond issuers.

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ADC Attends The 2023 Genius Network Annual Event

Accounting Department

Last week, AccountingDepartment.com Co-Founder, Bill Gerber, and Business Development Representative, Shawn Marcum hit the road and attended the Genius Network Annual Event in Scottsdale, AZ.

Billing 205
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From Start to Scale: Driving Growth Through Seamless Payments Implementation

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

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Audit partners see more use of AI at public companies

Accounting Today

Nearly one-third of public companies are using artificial intelligence in their financial reporting, according to a new survey.

Auditing 331
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Key MLOps processes (part 5): Project initiation, or project initialization

FinOps in Practice

In this article, we describe the block of the scheme, devoted to project initiation, or project initialization. Please, find the whole scheme, which describes key MLOps processes here. The main parts of the scheme are horizontal blocks, inside of which the procedural aspects of MLOps are described. Each of them is designed to solve specific tasks within the framework of ensuring the uninterrupted operation of the company’s ML services.

FinOps 130

More Trending

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ACH vs. Checks vs. Virtual Cards: Key Differences

MineralTree

For accounts payable (AP) teams, vendor payments are the cornerstone of business relationships. Timely, accurate, and convenient payments are not just transactions — they’re the foundation of trust and partnership. In addition to meeting supplier expectations, choosing the right payment method can significantly improve the finance department’s efficiency and productivity.

AP 79
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Tax Fraud Blotter: Playing chicken

Accounting Today

A world view; muscle head; in the hunt; and other highlights of recent tax cases.

Tax 294
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Xero Increasing Cost of US 'Cashbook' Subscriptions

Insightful Accountant

Xero will increase the cost of their 'Cashbook' subscriptions for U.S. customers effective March 4, 2024.

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IAASB offers audit standard for less complex entities

Accounting Today

The International Auditing and Assurance Standards Board has unveiled a new standard for auditing smaller businesses and organizations.

Auditing 204
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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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.

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Holiday Collection Policy Tips from the RevCycle Heroes

RevCycle

The holiday season is a time for giving and receiving. It’s also a time when many businesses experience an increase in delinquent payments. This can put a strain on your staff and increase your operating expenses. Reducing delinquent payments during the holiday season is crucial for businesses, as it can significantly impact cash flow and profitability.

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Tips for using a 'medical IRA' that offers triple the tax savings

Accounting Today

More working Americans have a health savings account, but many are not using them to their fullest potential.

Tax 240
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11 Innovative Ideas for Healthcare Entrepreneurs & Startups

Invoicera

The healthcare industry is expected to cross the trillion-dollar mark soon. As per Grand View Research, the global smart healthcare industry is expected to reach a valuation of $144.9 billion in 2022 and increase at a compound annual growth rate (CAGR) of 11.3% from 2023 to 2030. As a result of the global pandemic and […] The post 11 Innovative Ideas for Healthcare Entrepreneurs & Startups appeared first on PixelCrayons.

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KPMG weighs merging UK and Swiss accounting arms to boost growth

Accounting Today

Like other accounting firms, KPMG has been battling a fall in demand for its services caused by the tougher economic climate.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Small Business Laws and Rules: The Basics of Accounting Compliance

CSI Accounting & Payroll

When you own a small business, you’re only sure of two things; your business is your passion, and you want to keep its doors open. To keep your company running, you have to follow the rules. At CSI Accounting & Payroll, we’ve helped keep thousands of businesses in compliance for over 50 years. However, we can only offer guidance and suggestions.

Payroll 52
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FreshBooks Compatibility Check: 5 Questions to Ensure It’s the Right Fit for Your Client

Outsourced Bookeeping

Picking the right accounting software matters for companies planning to handle their money well. FreshBooks is a popular choice, but it needs to match what each client needs. This guide gives five important questions to check if FreshBooks is right for a client. By thinking about these things, businesses can decide if FreshBooks is the right fit for their money-related matter. 1) How tech-savvy is your team?

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Mastering the Art of Marketing for Your Bookkeeping Business: Proven Strategies for Success

LedgerDocs

Competition can be fierce in the world of bookkeeping. The market may be saturated with bookkeepers to choose from, so mastering the art of marketing is essential to stand out and succeed. In this comprehensive guide, we’ll explore some of the best strategies to use to promote your bookkeeping business, covering everything from understanding your target audience to utilizing paid advertising and the importance of client testimonials.

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Why You SHOULD Get Into Form 1040 Services w/ Trina Rozen

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, host David Cristello interviews Trina Rozen, owner of Trina Rozen CPA. They discuss various topics, including unique ways Trina has structured her firm, pricing strategies, making tax prep profitable, and her opinions on the coaching community. Trina shares insights on dealing with challenging clients and finding success as a solo practitioner in South Pasadena, California.

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Back to Basics with Reconciliations

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.