Mon.Jan 06, 2025

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The decline in accounting majors: What's behind the shift?

Accounting Today

If accounting is to survive as a viable career path, universities and business schools must adopt a more proactive stance.

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Top 10 Collection Reminders Writing Tips

Gaviti

Managing accounts receivable can be challenging, but having a structured approach to writing collection reminders can make a significant difference. Many businesses that have embraced automated tools such as payment reminder software are able to simplify this process with dunning emails and late payment reminder templates that ensure consistency, save time, and improve efficiency.

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FASB clarifies date of disaggregation standard

Accounting Today

The Financial Accounting Standards Board released an update to clarify the interim effective date of its standard on disaggregation of income statement expenses for non-calendar year-end companies.

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What Is a Promissory Note? Examples and Uses

Fit Small Business

A promissory note is a legal document that illustrates a written promise between two partiestypically a borrower (the note’s payee) and a lender (the notes issuer or maker)that states the terms and conditions of a financing agreement. It defines elements such as the principal loan amount, interest rate, maturity date, repayment schedule, collateral requirements, and.

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Cash Flow Secrets Every Upskilled CPA Should Know

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.

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PCAOB imposed $35M in fines in 2024

Accounting Today

The Public Company Accounting Oversight Board ramped up enforcement, modernized standards, enhanced inspections and expanded engagement in 2024.

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Streamline AP in SAP Business One: A Guide to Full Automation

Tipalti

Learn how to implement AP automation for SAP Business One to streamline accounts payable, improve accuracy, and enhance workflow efficiency.

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QuickBooks Desktop Mobile App Survey

Insightful Accountant

Have you noticed a change in the functional capability of the QuickBooks Desktop Mobile App? I've had reports that the app's OCR (optical character reading) functionality isn't working for 'Receipts' or 'Bills' snapped for upload.

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Letters to the Editor: A pipeline problem solution, and more

Accounting Today

Readers weigh in on recent articles, and the major trends impacting the profession.

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2025 ProAdvisor Awards Application Process Continues

Insightful Accountant

You can still 'apply' for the the 2025 ProAdvisor Awards through the closing date on February 11, 2025 when all applications must be completed.

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Audit firms urge SEC to reject PCAOB metrics and reporting standards

Accounting Today

Auditing firms are asking the SEC to reject the Public Company Accounting Oversight Board's recent standards on firm and engagement metrics and firm reporting.

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Profit in the Details: Rethinking Spend for Monumental Impact

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

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7 Businesses We HATE to Work With

CSI Accounting & Payroll

If youre like me, when youre shopping for a service, you do a little research to make sure youre the kind of client they want to work with. That might even be why youre reading this right now!

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3 oil and gas investments that bring big tax savings

Accounting Today

Wealthy clients and other accredited investors should consider drilling deductions, opportunity zones and 1031 exchanges in 2025, an expert says.

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Need-to-Know Nonprofit Trends for 2025

AvidXchange

In 2025, nonprofits stand at the crossroads of opportunity and challenge, navigating a rapidly evolving technological landscape. As organizations dedicated to fulfilling vital community needs, they face unique pressures to adapt while maintaining their core mission. Based on our review of industry research, three pivotal trends the increasing use of artificial intelligence (AI), the adoption of electronic payment methods, and the critical need for robust cybersecurity may reshape elements of t

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Art of Accounting: Make 2025 your best year ever

Accounting Today

You need to offer more services to your current clients and then to new clients.

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Navigating Bleisure Travel: A Guide for Mid-Sized Companies

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.

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The 10 Best Accounting Software Solutions for Education

Tipalti

Discover the top accounting software solutions for education, which streamline global instructor payments, automate processes, and simplify tax compliance.

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When does Tax Season start 2025 filing: Key Dates to File Taxes and Deadlines

Black Ink Tax & Accounting

Table of Contents When does Tax Season start 2025 filing: Key Dates to File Taxes and Deadlines Tax season is […] The post When does Tax Season start 2025 filing: Key Dates to File Taxes and Deadlines appeared first on bitaccounting.

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Beste Software für Beschaffung und Einkauf in 2025

Tipalti

Sind Sie bereit, Ihren Beschaffungsprozess zu modernisieren und Ihre Buchhaltung durch Automatisierung zu entlasten? Dann lesen Sie mehr ber die beste Software fr Einkauf und Beschaffung in der DACH-Region in 2024.

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Trump's major legislative agenda will pass by May, Johnson says

Accounting Today

Johnson said the massive bill would address issues such as border security, including money for the mass deportations of undocumented immigrants; and an extension of the 2017 Trump tax cuts.

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Unlock The Blueprint: How To Construct A Better Payment Workflow

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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6 Reasons to Go to Community Summit Roadshow

Fidesic blog

Have you heard of Dynamics Communities Summit Roadshow? It's a series of 1-day FREE regional conferences for Microsoft Dynamics users. Here's 6 Reasons to go. 1. Theyre Free Simple as that. Attending learning conferences and trade conventions is an important part of growing a business, from training up your team, to partner networking and selling on the floor.

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Top Side Hustles in Singapore for SMEs Looking to Boost Their Income

Counto

Top Side Hustles in Singapore for SMEs Looking to Boost Their Income As a small business owner in Singapore, you may be wondering how to boost your income and achieve your financial goals. Side hustles are a great way to do just that, providing additional income without overwhelming your busy schedule. Whether youre looking to reinvest in your business, pay off debt, or save for the future, there are countless opportunities in Singapore to help you earn extra income.