Thu.Oct 19, 2023

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Corporate Transparency Act presents opportunity and risk for firms

Accounting Today

The CTA and beneficial information reporting may be a game-changer for accounting firms. Here's what you need to know.

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Unleashing Business Success with Financial Planning and Analysis

Accounting Department

No business model works without effective financial management. Every organization must be able to allocate its resources and make informed decisions. Financial Planning and Analysis (FP&A) has become increasingly important in driving business success. It is vital for long-term growth. FP&A is a data-driven approach to financial management, which allows organizations to make informed decisions to improve their profitability.

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IRS offers process for withdrawing bogus ERC claims

Accounting Today

The Internal Revenue Service is giving employers a way to rescind inaccurate claims for the Employee Retention Credit if they've fallen victim to a scam at the hands of so-called "ERC mills.

Tax 338
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Connecting to new career opportunities and supportive people at Intuit

Intuit

Living and working abroad After completing college, I decided to work for a nonprofit in Zimbabwe. This was the first time I left the US, and I am grateful for the experience of living and working in Africa. Later, I moved to China and Thailand for work. These experiences broadened my outlook on life and made me more attuned to the financial challenges faced by a diverse customer base.

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Fall In Love With the Month-End Close

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.

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Companies shifting disclosures in response to SEC cybersecurity rules

Accounting Today

New cybersecurity rules from the Securities and Exchange Commission are already prompting companies to put more emphasis on the topic in their disclosures.

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ADP Launches First All-in-One HCM Solution for Construction Industry

Insightful Accountant

ADP Workforce Now for Construction is the first comprehensive HCM solution built for the unique challenges of the construction industry.

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Terlato Wine Group is 'Suite' on NetSuite

Insightful Accountant

Following up on his trip to 'SuiteWorld 2023,' Murph gives you a first-hand impression of how Terlato Wine Group is benefiting from its transition to NetSuite.

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Gemini, DCG sued by NY for alleged $1.1B crypto fraud

Accounting Today

DCG's Genesis unit is accused in the suit of failing to adequately audit the Three Arrows Capital hedge fund and lying to Gemini when it claimed to regularly review its borrowers' financial statements,

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Right Networks Rebrands as Rightworks

Insightful Accountant

The rebranding unveils an improved and unified customer experience to propel the accounting profession forward.

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Sales tax complexity and the vanishing accountant

Accounting Today

As more accountants retire or move to other fields, their valuable insights into sales tax management are lost.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

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.

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Nonprofit Trends You Need to Know for 2024 

AvidXchange

As the year winds down, finance teams are looking ahead to determine plans and priorities for next year. Nonprofits in particular are brainstorming ways to do more with less. In the current macroeconomic climate of uncertainty, the following nonprofit trends are likely to impact organizations next year. Growing Demand Nonprofits see demand for services spike during times of inflation, according to the National Council of Nonprofits.

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The mystery of FTX's missing $9B is unraveled

Accounting Today

In court, a forensic accountant tried to explain what happened to the customer funds that were missing before the crypto exchange filed for bankruptcy.

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How to Choose the Best Accounts Payable Software Solution

MineralTree

Accounts payable (AP) is a critical business function, responsible for protecting cash flow, maintaining good relationships with vendors, and ensuring compliance with financial regulations. However, the traditional manual approach to AP can be time-consuming and error-prone, meaning AP teams are spending valuable time on tedious tasks such as data entry, reconciliation, and chasing approvals.

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Cherry Bekaert acquires PKF Mueller

Accounting Today

The Top 30 Firm is buying a Regional Leader with offices in Illinois and Florida.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

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.

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Evan Goldberg on NetSuite Turning 25 and Pushing Boundaries with AI

Cloud Accounting Podcast

NetSuite founder Evan Goldberg discusses the company's 25th anniversary, new AI features like Text Enhance and Customer 360, and his long-term vision for intelligent assistants integrated with NetSuite. Meet Our Guest, Evan Goldberg LinkedIn : [link] Learn more about NetSuite Website : [link] Need CPE? Get CPE for listening to podcasts with Earmark: [link] Subscribe to the Earmark Podcast: [link] Get in Touch Thanks for listening and the great reviews!

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Lawmakers introduce Taiwan tax relief bill

Accounting Today

The bipartisan legislation would relieve double-taxation of investments between the U.S. and Taiwan for businesses and employees.

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What’s New in QuickBooks Desktop 2024: An Overview

Ace Cloud Hosting

Intuit just released the latest version of QuickBooks Desktop. Boasting the latest features, QuickBooks Desktop 2024 is a significant upgrade over previous versions. It offers several new features and benefits.

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Beyond QuickBooks: Exploring The Best Accounting Software Alternatives

Invoicera

Do you wonder if there’s more to accounting than just QuickBooks? Well, you’re not alone! A recent survey by SmallBizTrends says, “ 85% of business owners are looking for accounting software alternatives “ While QuickBooks has long been the gold standard in this domain, it’s not the only option. It’s time to get a break with QuickBooks and move toward other innovative accounting solutions in the vast market.

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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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CSI’s Accounting Business Model & Costs

CSI Accounting & Payroll

If you’re interested in working with CSI, you probably want to have an idea of what our business structure and costs look like ahead of time.

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Beyond QuickBooks: Exploring The Best Accounting Software Alternatives

Invoicera

Do you wonder if there’s more to accounting than just QuickBooks? Well, you’re not alone! A recent survey by SmallBizTrends says, “ 85% of business owners are looking for accounting software alternatives “ While QuickBooks has long been the gold standard in this domain, it’s not the only option. It’s time to get a break with QuickBooks and move toward other innovative accounting solutions in the vast market.

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Front end loading definition

Accounting Tools

Related Courses Contract Management Project Accounting Project Management What is Front End Loading? Front end loading is the practice of charging most of the fees associated with a project at the beginning of the transaction. This is especially common when the seller needs the funds to purchase materials prior to the start of work. However, the amount paid by the customer does not necessarily align with the amount of revenue that has been earned, so much of the early charge may be initially rec

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Beyond QuickBooks: Exploring The Best Accounting Software Alternatives

Invoicera

Do you wonder if there’s more to accounting than just QuickBooks? Well, you’re not alone! A recent survey by SmallBizTrends says, “ 85% of business owners are looking for accounting software alternatives “ While QuickBooks has long been the gold standard in this domain, it’s not the only option. It’s time to get a break with QuickBooks and move toward other innovative accounting solutions in the vast market.

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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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Blanket appropriation definition

Accounting Tools

Related Courses Auditing State and Local Governments Governmental Accounting The Green Book Explained The Yellow Book Explained What is a Blanket Appropriation? A blanket appropriation is a set-aside of funds for which there is no specification for how the funds are to be used. A manager receiving a blanket appropriation can spend the funds at his or her own discretion.

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Beyond QuickBooks: Exploring The Best Accounting Software Alternatives

Invoicera

Do you wonder if there’s more to accounting than just QuickBooks? Well, you’re not alone! A recent survey by SmallBizTrends says, “ 85% of business owners are looking for accounting software alternatives “ While QuickBooks has long been the gold standard in this domain, it’s not the only option. It’s time to get a break with QuickBooks and move toward other innovative accounting solutions in the vast market.

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Stock certificate definition

Accounting Tools

What is a Stock Certificate? A stock certificate is a document that identifies an investor's ownership share in a corporation. A certificate usually contains an identification number, the number of shares , the par value of the shares (if any), the class of shares (such as common stock or preferred stock ), and the signatures of authorized corporate executives.

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Simple capital structure definition

Accounting Tools

Related Courses Corporate Finance The Interpretation of Financial Statements Treasurer's Guidebook What is a Simple Capital Structure? A corporation with a simple capital structure does not have any securities outstanding that could potentially dilute the value of its earnings per share. This means that its capital structure includes no more than common stock and non-convertible preferred stock.

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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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Surviving company definition

Accounting Tools

Related Courses Business Combinations and Consolidations CPA Firm Mergers and Acquisitions Divestitures and Spin-Offs Mergers and Acquisitions What is a Surviving Company? A surviving company is the entity that gains control of all net assets and operations after a business combination has been completed. The surviving company could be one of the entities originally entering into the business combination, or it could be an entirely new entity.

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Purchasing system definition

Accounting Tools

Related Courses Contract Management How to Audit Procurement Purchasing Guidebook What is a Purchasing System? A purchasing system is a set of processes used to acquire goods and services for an organization. These processes include the acceptance of purchase requisitions , finding and evaluating suppliers , negotiating prices, placing purchase orders , monitoring procurement cards, and disposing of excess assets.

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Purchasing lead time definition

Accounting Tools

Related Courses How to Audit Procurement Purchasing Guidebook What is Purchasing Lead Time? Purchasing lead time is the interval between when the decision is made to acquire goods and when the goods are received. This lead time is comprised of order preparation time, supplier lead time, the time in transit from the supplier to the recipient, inspection time, and putaway time.

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Unaudited financial statements definition

Accounting Tools

What are Unaudited Financial Statements? An unaudited statement is a financial statement that has been prepared by an auditor , but for which a standard set of audit procedures have not been performed. In effect, the auditor has engaged in accounting services to prepare the statement, but not auditing services to examine the validity of the statement.

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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.