Accounting Today

SEPTEMBER 7, 2023

An introduction to the members of Accounting Today's annual ranking of the top workplaces in the profession.

Accounting 347

Accounting Accounting 347

Accounting Department

SEPTEMBER 7, 2023

Budgeting is a vital process that enables small and medium-sized businesses to effectively allocate resources, plan for the future, and achieve financial stability. However, navigating the budgeting process can be challenging without a clear roadmap.

Budgeting 235

Budgeting 235

Accounting Today

SEPTEMBER 7, 2023

An introduction to the members of Accounting Today's annual ranking of the top workplaces in the profession.

Accounting 342

Accounting Accounting 342

Insightful Accountant

SEPTEMBER 7, 2023

Intuit increased QuickBooks Payments rates for QuickBooks Desktop users this past June. Now, it is making increases for Payments Customers using QBO effective in October.

QuickBooks 119

QuickBooks 119

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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

SEPTEMBER 7, 2023

The IRS needed to respond to nearly 800 employee reports of assaults and threats in recent years, according to a new report.

Tax 328

Tax 328

MineralTree

SEPTEMBER 7, 2023

Accounts payable (AP) teams have long struggled with manual invoice approvals that involve chasing down signatures and slogging through mountains of paperwork. But in today’s increasingly digital business world, many AP teams are turning to automation to enhance their workflows — and the invoice approval process is no exception. To boost efficiency, reduce the risk of human error, and tackle challenges like remote work arrangements, 71% of AP teams have automated their invoice approval workflows

Invoicing 77

Invoicing AP Data Entry QuickBooks 77

Accounting Tools

SEPTEMBER 7, 2023

Related Courses Bookkeeping Guidebook How to Audit Receivables New Controller Guidebook Accounts receivable is the amount owed to a seller by a customer. As such, it is an asset , since it is convertible to cash on a future date. Accounts receivable is listed as a current asset on the balance sheet , since it is usually convertible into cash in less than one year.

Accounts Receivable 75

Accounts Receivable Account Receivables Accounts Receivable Accounting 75

Accounting Today

SEPTEMBER 7, 2023

Revenue from consulting services grew at the fastest pace at 19.1%, followed by risk advisory, and audit and assurance.

Auditing 306

Auditing Management Accounting Accounting Accounting 306

Accounting Tools

SEPTEMBER 7, 2023

Related Courses The Balance Sheet The Interpretation of Financial Statements What is a Classified Balance Sheet? A classified balance sheet presents information about an entity's assets , liabilities , and shareholders' equity that is aggregated (or "classified") into subcategories of accounts. It is extremely useful to include classifications, since information is then organized into a format that is more readable than a simple listing of all the accounts that comprise a balance sheet.

Computation 75

Computation Financial Statements Tax Accounting 75

Accounting Today

SEPTEMBER 7, 2023

The board added a project to deal with issues related to subsequent events for state and local governments.

Accounting 304

Accounting Accounting 304

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

SEPTEMBER 7, 2023

Related Courses The Balance Sheet The Income Statement The Interpretation of Financial Statements What is the Retained Earnings Formula? The retained earnings formula is a calculation that derives the balance in the retained earnings account as of the end of a reporting period. Retained earnings is that portion of the profits of a business that have not been distributed to shareholders ; instead, it is retained for investments in working capital and/or fixed assets , as well as to pay down any l

Financial Statements 75

Financial Statements Accounting Accounting 75

Accounting Today

SEPTEMBER 7, 2023

High-quality access logs and data access auditing capabilities bring much of the reporting information companies need to get their arms around a data breach.

Auditing 204

Auditing Accounting Accounting 204

Accounting Tools

SEPTEMBER 7, 2023

Related Courses Accounting for Inventory Cost Accounting Fundamentals How to Audit Inventory What is a Cost of Goods Manufactured Schedule? The cost of goods manufactured schedule is used to calculate the cost of all items produced during a reporting period. The total derived from this schedule is then used to calculate the cost of goods sold. It is primarily used in financial accounting , as part of the process of compiling the financial statements.

Financial Statements 75

Financial Statements Cost Accounting Auditing Financial Accounting 75

Accounting Today

SEPTEMBER 7, 2023

The Federal Accounting Standards Advisory Board wants to improve the guidance for the management's discussion and analysis section of reports by federal agencies.

Accounting 189

Accounting Accounting 189

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

SEPTEMBER 7, 2023

Related Courses Closing the Books The Soft Close The Year-End Close What is the Income Summary Account? The income summary account is a temporary account into which all income statement revenue and expense accounts are transferred at the end of an accounting period. The net amount transferred into the income summary account equals the net profit or net loss that the business incurred during the period.

General Ledger 75

General Ledger Accounting Accounting Account Reconciliation 75

Insightful Accountant

SEPTEMBER 7, 2023

No matter what size your firm is, keeping in step with technology is critical. Insightful Accountant's Gary DeHart and The Bonadio Group's John Roman explain why in this episode of Accounting Insiders.

Accounting 69

Accounting Accounting 69

Accounting Tools

SEPTEMBER 7, 2023

Related Courses How to Audit Liabilities The Balance Sheet What are Notes Payable? A note payable is a written promissory note. Under this agreement, a borrower obtains a specific amount of money from a lender and promises to pay it back with interest over a predetermined time period. The interest rate may be fixed over the life of the note, or vary in conjunction with the interest rate charged by the lender to its best customers (known as the prime rate ).

Accruals 75

Accruals Accounts Payable Accounts Payable Auditing 75

Insightful Accountant

SEPTEMBER 7, 2023

New Xero study shows that nearly half of small businesses feel the impact of inflation on their cash flow. Here's a snapshot of the report.

XERO 64

XERO 64

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

SEPTEMBER 7, 2023

Related Courses The Statement of Cash Flows What is the Cash Flow Statement Indirect Method? The indirect method for the preparation of the statement of cash flows involves the adjustment of net income with changes in balance sheet accounts to arrive at the amount of cash generated by operating activities. The statement of cash flows is one of the components of a company's set of financial statements , and is used to reveal the sources and uses of cash by a business.

Financial Statements 75

Financial Statements Accounts Receivable Account Receivables Accounts Receivable 75

Cloud Accounting Podcast

SEPTEMBER 7, 2023

Join us for an in-depth conversation with Jerry Maginnis, a retired Big Four audit partner, about the value and criticisms of financial statement audits. Jerry draws on his decades of experience auditing public companies to respond to issues around audit quality, staff work conditions, complexity in accounting standards, and whether audits truly protect investors.

Auditing 62

Auditing Financial Statements Accounting Accounting 62

Insightful Accountant

SEPTEMBER 7, 2023

According to a AICPA & CIMA survey, as recession fears fade, the outlook on the US economy is showing signs of brightness. Check out the some of the details.

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59

Dext

SEPTEMBER 7, 2023

The strategic partnership will drive the digitalisation of accounting workflows Azets, the UK outsourcing, compliance and advisory group, has today announced its strategic partnership with cloud accounting platform provider Dext to underpin and support the implementation of its Digital strategy. Dext and Azets share a common goal of digitising the accounting workflow.

Accounting 59

Accounting Accounting 59

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

CSI Accounting & Payroll

SEPTEMBER 7, 2023

Buying a small business is a huge step, even if you already own a business. That’s why it’s important for you to form the right team to help with the process. One critical team member to consider is a monthly accountant. Not only are they necessary for the buying process, but they can provide invaluable financial insights to help you make informed decisions and avoid costly mistakes.

Payroll 52

Payroll Accounting Accounting 52

Ontrack Bookkeeping

SEPTEMBER 7, 2023

Starting a new business can be incredibly exciting, the passion for what you are wanting to achieve driving you forward. It is important to thoroughly evaluate your business idea before taking the plunge to ensure you’re creating a sustainable and successful venture. To get started, here are 9 questions to consider as part of an overall evaluation process.

Bookkeeping 52

Bookkeeping Accounting Accounting 52

Plooto

SEPTEMBER 7, 2023

The accounts payable (AP) process can give even the most experienced AP departments a headache. With overflows of paper invoices, likelihood of human error, and loads of data entry, the AP process can suck up precious time.

Accounts Payable 52

Accounts Payable Accounts Payable AP Data Entry 52

Gaviti

SEPTEMBER 7, 2023

Days sale outstanding is one of the most widely used criteria for judging the effectiveness of your accounts receivable strategy. It also paints a picture of the health of your company. Most business managers use the standard DSO when running the calculations, but it is also possible to calculate the best DSO. So, what is the difference and why does it matter?

Accounts Receivable 52

Accounts Receivable Account Receivables Accounts Receivable Collections 52

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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

SEPTEMBER 7, 2023

Related Courses Corporate Finance Financial Analysis Treasurer's Guidebook What is the Risk-Adjusted Discount Rate? The risk-adjusted discount rate is based on the risk-free rate and a risk premium. The risk premium is derived from the perceived level of risk associated with a stream of cash flows for which the discount rate will be used to arrive at a net present value.

Financial Analysis 40

Financial Analysis Corporate Finance 40

Accounting Today

SEPTEMBER 7, 2023

The tax charges could be brought in Washington, D.C., or in California because that's where the crimes allegedly occurred.

Tax 182

Tax 182

Accounting Tools

SEPTEMBER 7, 2023

Related Courses Accountants' Guidebook Bookkeeping Guidebook New Controller Guidebook What is an Accountant? An accountant is a person who engages in accounting activities. These activities include the preparation of financial statements and tax returns , setting up accounting processes, and analyzing costs. The position is considered to be more advanced than the work conducted by a bookkeeper , and so usually calls for the completion of a four-year undergraduate degree in accounting.

Financial Statements 40

Financial Statements Accounting Accounting CPA 40

Accounting Tools

SEPTEMBER 7, 2023

Related Courses The Income Statement The Interpretation of Financial Statements What is Above the Line? Above the line refers to all revenue generated and expenses incurred by a business that have a direct impact on reported profits. In effect, the term includes all activity reported on an organization's income statement. The term does not refer to other activity that only impacts the financing or cash flows of the business.

Financial Statements 40

Financial Statements Tax 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.

Invoicing