Accounting Today

AUGUST 21, 2024

Both presidential candidates have floated it, and there are benefits for both workers and employers — though not always how you'd expect.

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Tax 321

Ace Cloud Hosting

AUGUST 21, 2024

Drake Software is one of the most widely used tax filing and preparation software for tax professionals and firms. Its intuitive interface simplified functionality, and competitive pricing make it a.

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Tax 105

Accounting Today

AUGUST 21, 2024

The Internal Revenue Service and its partners have identified half a dozen steps for safeguarding taxpayer information.

Tax 338

Tax 338

Insightful Accountant

AUGUST 21, 2024

As data thieves continue evolving their tactics, the Internal Revenue Service and the Security Summit partners today reminded tax professionals of six essential steps to protect their sensitive taxpayer information.

Tax 52

Tax 52

Advertiser: Paycor

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

Payroll

Accounting Today

AUGUST 21, 2024

A boomer and a Gen X from BSB CPAs give their take on the newest generation to join the workforce.

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Future Firm

AUGUST 21, 2024

Niching is a powerful tool to cut through the noise. But should your firm do it? And if so, how? Listen to this episode to find out. The post Should Your Firm Niche? appeared first on Future Firm.

Accounting 52

Accounting Accounting 52

Accounting Tools

AUGUST 21, 2024

What is Net Loss? Net loss is the excess of expenses over revenues. All expenses are included in this calculation, including the effects of income taxes. For example, revenues of $900,000 and expenses of $1,000,000 yield a net loss of $100,000. Net losses are expected for a start-up business. However, a business must eliminate its net losses soon, or risk using up its cash reserves and going out of business.

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Financial Statements Tax 52

Accounting Today

AUGUST 21, 2024

Caseware and CPA Club announced a new collaboration that will combine each of their resources to facilitate the implementation and use of quality management solutions for firms.

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CPA Auditing 230

Accounting Tools

AUGUST 21, 2024

What is Net Profit? Net profit is the result after all expenses have been subtracted from revenues. This figure is the aggregate result of all operating and financing activities of an organization. As such, it is routinely relied upon by investors , creditors , and lenders to make decisions about how to deal with a firm. Net profit is also called the bottom line , because it is positioned at the bottom of the income statement.

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Accruals Financial Statements Tax Accounting 52

Accounting Today

AUGUST 21, 2024

The Treasury Inspector General for Tax Administration found that IRS Tax-Exempt Compliance Unit examiners spent 6.1 hours on average per case in 2023, up 281% from 2020.

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Tax 189

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

Nanonets

AUGUST 21, 2024

Introduction Retrieval-augmented generation (RAG) systems are transforming AI by enabling large language models (LLMs) to access and integrate information from external vector databases without needing fine-tuning. This approach allows LLMs to deliver accurate, up-to-date responses by dynamically retrieving the latest data, reducing computational costs, and improving real-time decision-making.

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Financial Analysis Financial Statements Computation 52

Accounting Today

AUGUST 21, 2024

Eligible taxpayers can apply between Sept. 4 to Oct.

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Tax 189

Insightful Accountant

AUGUST 21, 2024

Sage recently announced significant global enhancements to its Sage Intacct platform, including AI-powered accounts payable processes that are now available worldwide.

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Accounts Payable Accounts Payable Accounting Accounting 52

Accounting Today

AUGUST 21, 2024

Big tech companies are using quirks in carbon reporting rules to mask the vast and growing emissions from artificial intelligence.

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Accounting Accounting 133

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

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

Accounting

Cloud Accounting Podcast

AUGUST 21, 2024

Blake and David leap into the latest updates from Xerocon, including new features like traditional bank reconciliations, embedded bill pay with Bill.com, and AI capabilities through JAX (Just Ask Xero). They look at Xero's strategy to double its US market share and how it compares to Intuit's mid-market growth focus. They also touch on the potential impact of QuickBooks' pricing strategy and Blake shares highlights from an EDM festival in Nashville to wrap things up.

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Bank Reconciliation XERO QuickBooks Billing 53

Insightful Accountant

AUGUST 21, 2024

Thanks to our readers, we can now share stories of their good and bad migrations from QuickBooks Desktop to QuickBooks Online.

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QuickBooks 52

Accounting Tools

AUGUST 21, 2024

What is Return on Capital Employed? The return on capital employed (ROCE) measures the efficiency of capital usage in generating earnings. For a company to remain in operation over the long term, its return on capital employed should be higher than its cost of capital ; otherwise, continuing operations gradually reduce the earnings available to shareholders.

Financial Statements 40

Financial Statements Tax 40

Insightful Accountant

AUGUST 21, 2024

You can head to Insightful Accountant's Accounting Insiders Podcast to hear Murph's summary of Xero product enhancements.

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XERO Accounting Accounting 52

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.

Accounting

Accounting Tools

AUGUST 21, 2024

What is the Required Rate of Return? The required rate of return is the minimum return an investor expects to achieve by investing in a project. An investor typically sets the required rate of return by adding a risk premium to the interest percentage that could be gained by investing excess funds in a risk-free investment. The required rate of return is influenced by the factors noted below: Risk of the investment.

Financial Analysis 40

Financial Analysis Budgeting Accounting Accounting 40

Accounting Tools

AUGUST 21, 2024

What is Negative Goodwill? Negative goodwill arises from the bargain purchase of an acquiree. The amount of negative goodwill is the difference between the price paid and the fair market value of the acquiree's assets , when the fair market value exceeds the price paid. When negative goodwill exists, a bargain purchase has been made that favors the buyer.

Accounting 40

Accounting Accounting 40