Tue.Nov 07, 2023

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Nonprofits see revenue decline

Accounting Today

Not-for-profit organizations are putting more emphasis on cutting costs as they face the prospect of donors giving them less, according to a new survey.

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Building a strong network to grow your career

Intuit

Networking plays a crucial role in any career journey, but sometimes it’s hard to know where to start and how to get the most out of every interaction. Recently, Chief Diversity, Equity, and Inclusion Officer (CDEIO) and VP of Talent Development at Intuit, Humera Shahid, sat down with Toronto Intuit employees to chat about all things networking and how to use it to grow your career.

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Meet the 2023 Best Firms for Young Accountants

Accounting Today

A look inside the 10 best places to start a career in accounting.

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Spend Management Principles and Strategies for SMB's

Accounting Department

One of the most important aspects of running a successful business is managing the money that comes in and goes out. However, this can be especially tricky for small to medium-sized businesses, which often have fewer resources and smaller budgets to work with.

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

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

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20 states that burden taxpayers the least

Accounting Today

The best five states have an average total tax burden of 5.97%.

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Fidesic Features Spotlight: Invoice Processing

Fidesic blog

It’s time to check in and talk about our feature of the month in the Fidesic app. Today we are giving a shout out to our invoice processing module.

More Trending

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Xero’s H1 FY24 financial results: Evolving Xero to deliver on our global aspirations

Xero

Today we announced Xero’s half year financial and operating results to 30 September 2023 (H1 FY24). The results highlight our continued strong revenue growth, which contributed to Xero’s emerging profitability. The strong operating results saw operating revenue up 21% (20% in constant currency (CC)) to $799.5 million. This, along with disciplined cost management and restructuring outcomes, supported a 90% increase in EBITDA compared to H1 FY23, to $206.1 million.

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PwC to cut around 600 U.K. jobs

Accounting Today

The bulk of the cuts will be aimed at the advisory division.

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On-demand AP Automation software demo

Cevinio

On-demand product demo: Join us for an interactive and engaging product demo that will give you an in-depth look at how processing invoices with Cevinio AP Automation software works. Are you struggling with manual and time-consuming invoice processing workflows, which are often lengthy and tedious? Are you looking for ways to optimize your accounts payable process?

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10% of S&P 500 companies disclosed cybersecurity incidents

Accounting Today

Only four companies said the events were "material.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

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

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Register For the #IgnitionPrecon at QB Connect

Insightful Accountant

Insightful Accountant is thrilled to be kicking off QuickBooks Connect 2023 as a Silver Media partner for Ignition’s highly anticipated Precon party!

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Krulak's Law: How frontline staff reflects your brand

Accounting Today

Very few firms are asking themselves how they can make sure their client service associates are doing the very best job they can.

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How To Create A Sales Forecast For The New Year

Reconciled Solutions

Fall is in the air, and I’m breathing in the scents of fourth-quarter planning. As an entrepreneur, I revel in wiping the slate clean. This. The post How To Create A Sales Forecast For The New Year appeared first on Reconciled Solutions.

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In the blogs: Minimum standards

Accounting Today

CPAs' real pay; crypto data released; factoring receivables; and other highlights from our favorite tax bloggers.

Tax 145
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Why QB Desktop File Optimization May Fail

Insightful Accountant

Returning to his old ‘Desktop tech tinkering,’ Murph tips you off on how to prevent ‘file optimization’ failures.

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Herbein acquires Creese, Smith, Hune & Co.

Accounting Today

The Pennsylvania-based firm is expanding in Pittsburgh.

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The difference between turnover and profit

Accounting Tools

Related Courses Business Ratios Guidebook Financial Analysis The Interpretation of Financial Statements Comparing Turnover and Profit Turnover is the net sales generated by a business, while profit is the residual earnings of a business after all expenses have been charged against net sales. Thus, turnover and profit are essentially the beginning and ending points of the income statement - the top-line revenues and the bottom-line results.

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The Future Of Billing: Exploring Subscription-Based Models For Sustained Growth

Invoicera

Introduction Are you finding it difficult to predict your monthly revenue? Or are you struggling to retain your existing customers and get on-time payments? If yes, you must switch to subscription-based models for long-term sustainability. These models not only boost your revenue but also provide a sustainable path for business growth. A report by Gartner says 75% of organizations offering services directly to clients would project subscription services by 2023.

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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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Is sales tax an expense or a liability?

Accounting Tools

Related Courses Sales and Use Tax Accounting Sales tax is a state and local tax paid by the buyer of goods and services at the point of sale. It is derived by multiplying the price paid by the sales tax rate. There are three different scenarios involving sales taxes, and the accounting treatment varies in each scenario. They are noted below. Sales Taxes for Sales to Customers In this most common scenario, a company sells its products to customers , and charges them a sales tax on behalf of the l

Tax 75
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The Future Of Billing: Exploring Subscription-Based Models For Sustained Growth

Invoicera

Introduction Are you finding it difficult to predict your monthly revenue? Or are you struggling to retain your existing customers and get on-time payments? If yes, you must switch to subscription-based models for long-term sustainability. These models not only boost your revenue but also provide a sustainable path for business growth. A report by Gartner says 75% of organizations offering services directly to clients would project subscription services by 2023.

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Accounting for income taxes

Accounting Tools

Related Courses Accounting for Income Taxes How to Account for Income Taxes The essential accounting for income taxes is to recognize tax liabilities for estimated income taxes payable, and determine the tax expense for the current period. Before delving further into the income taxes topic, we must clarify several concepts that are essential to understanding the related income tax accounting.

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How AI Can Drive Environmental and Social Responsibility

Dext

Environmental, social and governance (ESG) factors are becoming increasingly central to accounting. These factors represent a substantive shift in how we define business success and responsibility. With the emergence of new technologies, the accounting industry is positioned to be a leader in this important evolution.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

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Altman Z Score Formula

Accounting Tools

Related Courses Credit and Collection Guidebook Effective Collections The Interpretation of Financial Statements What is the Altman Z Score? The Altman Z Score is used to predict the likelihood that a business will go bankrupt within the next two years. The formula is based on information found in the income statement and balance sheet of an organization; as such, it can be readily derived from commonly-available information.

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Revolutionizing Accounts Payable Automation: Gravity Software Unveils Cutting-Edge AI Technology Powered by Microsoft’s Cognitive Services AI Engine

Insightful Accountant

As part of its unwavering commitment to enhancing multi-entity accounting efficiency, Gravity Software® is proud to introduce new AI technology to transform accounts payable processes.

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Short term sources of funds

Accounting Tools

Related Courses Corporate Cash Management Corporate Finance Treasurer's Guidebook What are Short Term Sources of Funds? There are many short-term sources of funds available to a company, which require varying levels of collateral , personal guarantees, and interest expense. Here is a listing of potential sources of short-term funds: Delay Paying Suppliers You can delay paying suppliers , but they may eventually retaliate with higher prices or a lower order priority.

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Today's QB Talks is Your Guide to QuickBooks Connect

Insightful Accountant

Join Kristen Nies Ciraldo and Kelly G for today's 'QB Talks' at 2 p.m. (EST). They will 'chat you up' and take you touring the upcoming 'QuickBooks Connect' in Vegas.

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Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

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Profit and loss statement definition

Accounting Tools

Related Courses The Balance Sheet The Income Statement The Interpretation of Financial Statements What is a Profit and Loss Statement? A profit and loss statement aggregates the revenues , expenses , and profits or losses of a business. This report portrays the financial results of a business for a specific period of time, such as for a month, quarter, or year.

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Secure Early-Bird Pricing for Credit Congress 2024 in Las Vegas!

NACM

NACM's 128th Credit Congress will be held in Las Vegas, NV from June 9-12, 2024. With networking, educational seminars and a chance to explore and enjoy entertainment in the city, this Credit Congress is one opportunity you do not want to miss!With several sessions offered, credit professionals are able to learn and connect with others on any issue.

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Boilerplate definition

Accounting Tools

Related Courses Essentials of Business Law What is Boilerplate? Boilerplate refers to the standard legal text in a contract, which is rarely changed. Boilerplate text is normally inserted into a contract by the creator of the contract, who does not allow the other party to the contract to alter it. For this reason, boilerplate typically favors the interests of the contract creator.

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Yellen defends IRS against cuts, plans ambitious tax season

Accounting Today

The Treasury secretary addressed a group of service employees as the agency fends off cuts pushed by House Republicans.

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Confronting the Change Challenge

Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.