Accounting Department

DECEMBER 26, 2024

For many medium-sized businesses, the decision to maintain an in-house accounting team seems like a straightforward choice. After all, having an on-site dedicated team can seem beneficial for managing financial operations closely. However, beneath the surface lies a myriad of hidden costs that can significantly impact your bottom line. This blog post explores these hidden costs and examines whether outsourcing accounting functions might be a smarter, more efficient alternative.

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Financial Operations Financial Operations Accounting Accounting 162

Accounting Today

DECEMBER 26, 2024

The Internal Revenue Service's program for destroying sensitive paper documents needs to be improved after inspectors found many documents easily accessible.

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Tax 162

Nanonets

DECEMBER 26, 2024

Automation has revolutionized the way finance teams operate, with accounts payable (AP) automation being the go-to first step for businesses looking to improve efficiency and cut costs. Companies like Nanonets and Centime have made AP processes smarter, faster, and more streamlined through cutting-edge technology, while also paving the way for more comprehensive financial solutions.

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Accounting Today

DECEMBER 26, 2024

Here's the right way to help them lean into risk.

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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.

Insightful Accountant

DECEMBER 26, 2024

In this edition of App Aware we look at the Clear Path to Cash App that empowers Advisors to find hidden cash and maximize Business value.

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Accounting Today

DECEMBER 26, 2024

Experts share a handful of new and emerging threats that CPA firms should keep an eye out for.

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Accounting Today

DECEMBER 26, 2024

Accounting's influencers predict the biggest changes over the next 10 years.

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The Successful Bookkeeper

DECEMBER 26, 2024

The journey from simply "doing the work" to building a thriving, scalable business begins with a shift in mindset. Michael E. Gerber, the legendary author of The E-Myth Revisited and co-author of The E-Myth Bookkeeper , shared transformative insights in an episode of The Successful Bookkeeper Podcast. His philosophy has helped countless small business owners, including bookkeepers, transform their operations from chaotic to scalable enterprises.

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Bookkeeping 52

Accounting Today

DECEMBER 26, 2024

A new IRS revenue procedure is applicable for some research or experimental expenses.

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Accounting Accounting Tax 130

Insightful Accountant

DECEMBER 26, 2024

In a significant development affecting fiscal policy and tax planning, Congress has passed a temporary government funding measure through March 14, 2025, with President Biden signing it into law.

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Tax 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

Accounting Today

DECEMBER 26, 2024

The ride-hailing company said its hometown calculated its taxes from 2019 to 2023 based on the total amount of money that passengers paid drivers for rides.

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Accounting Today

DECEMBER 26, 2024

Private collection agencies have recovered only about $2.4 billion in tax debt payments since April 2017 out of the $64.9 billion assigned to them by the IRS.

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Accounting Today

DECEMBER 26, 2024

Opinions vary on whether the profession is declining or thriving or both. This is your chance to weigh in.

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Accounting Accounting 113

Accounting Today

DECEMBER 26, 2024

Prime numbers; Power play; Great White sharks; and other highlights of recent tax cases.

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Tax 100

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 Today

DECEMBER 26, 2024

The market for professional malpractice liability insurance is evolving even as the profession evolves.

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Accounting Today

DECEMBER 26, 2024

Companies that work with auditors who have more industry experience but charge more than competitors offering "lowball" fees tend to save more money in the end.

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Accounting Today

DECEMBER 26, 2024

As part of this year's Top 100 Most Influential People survey, Accounting Today asked, "What do you think will be the biggest change in accounting in the next 10 years?

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Accounting Accounting 100