Insightful Accountant

DECEMBER 10, 2023

Murph takes you through the steps to build one of the new reports in QuickBooks Enterprise v24 that wasn't available upon initial release that showed up in R3.

QuickBooks 105

QuickBooks 105

Accounting Tools

DECEMBER 10, 2023

What is the Accrual Basis of Accounting? The accrual basis of accounting is the concept of recording revenues when earned and expenses as incurred. The use of this approach also impacts the balance sheet , where receivables or payables may be recorded even in the absence of an associated cash receipt or cash payment, respectively. The accrual basis of accounting is advocated under both generally accepted accounting principles ( GAAP ) and international financial reporting standards ( IFRS ).

Accruals 75

Accruals Accounting Accounting Financial Statements 75

IMA's Count Me

DECEMBER 10, 2023

Welcome to the Count Me In Podcast! Join your host Adam Larson and today's guest, financial expert Tony Klimas , as they discuss the future of finance and insights for 2025 and beyond. Tony has 25 years of consulting experience that he brings to his roles as president for Horvath USA. Get ready for a deep dive into the evolving financial landscape and how the role of the CFO is changing.

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NextProcess

DECEMBER 10, 2023

Whether you’re a small business or a large corporation, there might come a time when you start thinking outsourcing or hiring temps sounds like a good idea. Maybe you’re having trouble finding enough skilled employees to handle tasks like accounts payable or travel and expense reporting. Maybe your existing employees are overwhelmed, and the budget isn’t available to hire additional help on a permanent basis.

Data Entry 52

Data Entry Accounts Payable Accounts Payable AP 52

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 With construction projects becoming more complex, outdated processes are no longer sustainable.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.

Invoicing

Invoicera

DECEMBER 10, 2023

Well, finding the perfect balance between paid and organic search can be a tricky task. It takes a lot of time, effort, and experience to get it right. But if you don’t strike the right balance, you risk wasting time, resources, and money on ineffective strategies that won’t help your business grow. To cope with […] The post How to Balance Paid & Organic Search Strategies?

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CSI Accounting & Payroll

DECEMBER 10, 2023

As a small business owner, you know that you have to have current books. However, there are a few ways to achieve this. Should you do it yourself, hire an accountant, or work with an outsourced service? First, you need to know what each of these things entail. CSI Accounting & Payroll has helped small businesses with accounting for over 50 years.

CPA 52

CPA Payroll Bookkeeping Tax 52

Accounting Tools

DECEMBER 10, 2023

What is the Accounts Receivable Turnover Ratio? Accounts receivable turnover is the number of times per year that a business collects its average accounts receivable. The ratio is used to evaluate the ability of a company to efficiently issue credit to its customers and collect funds from them in a timely manner. It is one of the most important measures of collection efficiency.

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables Accounting 40

Accounting Tools

DECEMBER 10, 2023

What is Market Capitalization? Market capitalization is the total value of a firm’s outstanding shares , based on their current market price. All outstanding shares are included in this calculation, such as publicly-traded shares and any restricted shares held by insiders and other parties. The market capitalization concept is used to obtain a rough estimate of the value assigned to a business by the investment community.

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Accounting Tools

DECEMBER 10, 2023

What is Creditworthiness? Creditworthiness is the opinion of a creditor or lender regarding the ability of a person or business to settle its obligations when due. This assessment extends to the expected future financial condition of the person or business. Creditworthiness is based on the credit application , credit references , and financial statements supplied to the party granting credit, as well as a credit report supplied by a third party credit reporting agency, such as TransUnion or Expe

Financial Statements 40

Financial Statements Collections Billing 40

Accounting Tools

DECEMBER 10, 2023

What is a Cost Sheet? A cost sheet is a report on which is accumulated all of the costs associated with a product or production job. A cost sheet is used to compile the margin earned on a product or job, and can form the basis for the setting of prices on similar products in the future. It can also be used as the basis for a variety of cost control measures.

Cost Accounting 40

Cost Accounting Computation Billing Accounting 40

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

Accounting Tools

DECEMBER 10, 2023

What are Net Operating Assets? Net operating assets are those assets of a business directly related to its operations, minus all liabilities directly related to its operations. Operating assets and liabilities are those assets and liabilities required to run an organization’s core operations. Examples of operating assets are trade receivables, inventory, and fixed assets.

Financial Statements 40

Financial Statements Accounts Payable Accounts Payable Accounts Receivable 40

Accounting Tools

DECEMBER 10, 2023

What is a Qualified Stock Option? A qualified stock option confers special tax benefits on the employees of a corporation. This stock option is not reportable as taxable income to the employee at the time of grant, nor when the employee later exercises the option to buy stock. Once the employee eventually sells the stock, it is taxed as ordinary income ; however, if he holds the stock for at least two years, it is taxable as a long-term capital gain.

Tax 40

Tax Accounting Accounting 40

Accounting Tools

DECEMBER 10, 2023

What is a Group Audit? A group audit involves the audit of group financial statements. Group financial statements are financial statements that include the financial information for more than one component. A component is an entity or business activity for which financial information is separately prepared, and which is included in the group financial statements.

Auditing 40

Auditing Financial Statements Budgeting Accounting 40