Accounting Today
NOVEMBER 13, 2024
The Financial Accounting Standards Board issued a proposed accounting standards update that aims to improve the navigability of the disclosures that need to be provided for interim reporting periods.
Fit Small Business
NOVEMBER 13, 2024
The Profit First method, a cash management strategy for businesses, prioritizes taking profit before paying expenses. It involves using separate bank accounts for income, profit, owner’s pay, taxes, and operating expenses. A predetermined percentage of each sale is allocated to the profit account first, ensuring guaranteed profitability. This system forces businesses to manage expenses within.
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Accounting Today
NOVEMBER 13, 2024
The acquisition of the San Diego-based outsourced accounting and advisory firm is the latest deal since Citrin received private equity financing.
Analytix Finance & Accounting
NOVEMBER 13, 2024
Do you feel your business has more potential for growth? Is it frustrating to see your budget plan fall short of maximizing this potential? As a business owner, you know how essential it is to make smart financial choices. Many businesses fail due to poor budgeting and financial planning. Statistics show that approximately 20% of small businesses fail within the first two years, and about 45 % do not survive beyond five years.
Speaker: Dave Sackett
Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.
Accounting Today
NOVEMBER 13, 2024
To the Internal Revenue Service, Roger Ver symbolizes a new target in the digital age: a crypto holder suspected of failing to pay taxes after selling tokens.
Invoicera
NOVEMBER 13, 2024
Billing for legal services isn’t as glamorous as arguing in court, but it’s certainly essential. In fact, it’s a key part of keeping a law firm running. As shown in the most recent Legal Trends Report , the average lawyer billed just 2.9 hours (37%) of an 8-hour day. This indicates that many lawyers either don’t have enough clients to fill their day or struggle with inefficiencies in their firms that distract from billable work.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
AvidXchange
NOVEMBER 13, 2024
Managing ad budgets can be difficult for agencies due to the complexity and variability of campaigns across different client accounts. Spend management software can help agencies more effectively track, control, and optimize their ad budgets across multiple clients, projects, and campaigns. Learn About Spend Management for Advertisers What is Spend Management Software?
Accounting Today
NOVEMBER 13, 2024
AprilPro addresses issues ranging from K-1s and 1099s to AMT calculations and real estate investments.
Fit Small Business
NOVEMBER 13, 2024
Merchant financing is a way for a business to get a lump sum of funds, with repayments generally determined by a percentage of the company’s sales. This source of funding tends to be easier to get as eligibility criteria are less strict for things like credit score and time in business. The tradeoff, however, is. The post What Is Merchant Financing?
Accounting Today
NOVEMBER 13, 2024
Certified internal auditor certification, management accounting and company valuation are the top surging accounting and finance skills, according to a new Udemy report.
Speaker: Erroll Amacker
As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R
Fit Small Business
NOVEMBER 13, 2024
While similar, each of these forms has a distinct use. Schedule F: For farmers who are operating farms on their own land or materially participate in crop-sharing arrangements. Schedule E: For farmland owners who lease their farmland for fixed cash rent. Form 4835: For farmland owners who lease their farmland as part of a crop-sharing. The post When to Complete Form 4835 vs Schedule F vs Schedule E appeared first on Fit Small Business.
Accounting Today
NOVEMBER 13, 2024
A survey of ERP users found Info is used most often for accounting and finance; Microsoft for inventory management; SAP and Oracle for sales and customer relations.
Counto
NOVEMBER 13, 2024
Understanding Profit Margins: How to Make Your Restaurant More Profitable For small restaurant owners in Singapore, understanding profit margins is essential for financial health. Profit margins reveal how much money your business retains after covering costs. By optimising these margins, you can improve profitability, ensuring your restaurant thrives in a competitive market.
Accounting Today
NOVEMBER 13, 2024
The server maker has seen more than $50 billion of its market value wiped out over concerns about its accounting.
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Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.
Fit Small Business
NOVEMBER 13, 2024
Common business loan terms or criteria can vary based on the type of financing you seek—such as term loans, business credit lines, equipment financing, and merchant cash advances. Depending on the loan type, various terms and conditions of the loan can be applicable and are often influenced by the lender’s risk tolerance and your creditworthiness. The post 8 Most Common Business Loan Terms to Be Aware Of appeared first on Fit Small Business.
Accounting Today
NOVEMBER 13, 2024
Continuing professional education provider MYCPE and staffing solutions provider Entigrity are merging to create a new company, MYCPE One.
Insightful Accountant
NOVEMBER 13, 2024
Xero data shows declining small business performance amidst economic uncertainty. Small business sales are lower than last year, and small businesses are experiencing worsening late payment times.
Future Firm
NOVEMBER 13, 2024
Tax season often leads to overtime for firm owners, but it doesn’t have to. Discover a series of simple strategies to break the cycle. The post Your First Step To No Overtime This Tax Season appeared first on Future Firm.
Speaker: Anna Tiomina, MBA
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
Insightful Accountant
NOVEMBER 13, 2024
At the post Intuit Connect App Academy, Human Interest presented an impactful session on how their retirement solutions simplify 401(k) and 403(b) plans for small and medium-sized businesses.
Plooto
NOVEMBER 13, 2024
Financial technology can make life easier for you and your accountant. But do you know how much of an impact NOT adopting fintech can have on your business?
Insightful Accountant
NOVEMBER 13, 2024
Xero data shows declining small business performance amidst economic uncertainty. Small business sales are lower than last year, and small businesses are experiencing worsening late payment times.
Counto
NOVEMBER 13, 2024
Funding Options for F&B Entrepreneurs in Singapore For F&B entrepreneurs in Singapore, securing the right funding is crucial for the growth and success of your food business. Whether you’re launching a new restaurant or expanding an existing one, understanding your options will help you navigate the financial landscape. This post explores various funding options, including bank loans, government grants, venture capital, and crowdfunding, and provides tips for creating a business pl
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Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.
Insightful Accountant
NOVEMBER 13, 2024
Xero has rolled out a couple of new 'bill' related features. 'duplicate detection' and 'bill quick-view'.
Counto
NOVEMBER 13, 2024
Financial Health Check: Key Ratios for a Successful F&B Business in Singapore As an F&B business owner in Singapore, your primary focus is likely on delivering exceptional food and service. However, to ensure your long-term success, it’s vital to keep an eye on your financial health. A financial health check is a practical way to assess your business’s financial performance, and key ratios play an essential role in this evaluation.
Insightful Accountant
NOVEMBER 13, 2024
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Counto
NOVEMBER 13, 2024
Adapting to Rising Costs in Singapore’s F&B Industry: Financial Tips In Singapore’s fast-paced and competitive food and beverage (F&B) industry, rising operational costs have become a significant challenge for many small business owners. Inflation, increased supply prices, and higher utility bills are just a few factors driving up expenses. As a result, F&B business owners need to be proactive and find ways to manage these rising costs without compromising the quality of their offeri
Speaker: Melissa Hurrington
Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.
Insightful Accountant
NOVEMBER 13, 2024
Insightful Accountant is offering a $1.00 first month trial of it's exclusive Be Insightful training program. Credit card required and price reverts to $49 per month after the first month.
Counto
NOVEMBER 13, 2024
Automating Accounting and Payroll for Greater Efficiency in F&B Businesses Running a food and beverage (F&B) business in Singapore presents unique challenges. From managing cash flow to ensuring accurate payroll processing, there are many responsibilities to juggle. One of the most effective ways to streamline operations and improve business efficiency is through automation—particularly for accounting and payroll tasks.
Intuit
NOVEMBER 13, 2024
Minding the Gap: Uncovering the Gender Divide in Financial Literacy Data from the 2024 Intuit Financial Literacy Survey lifts the lid on an important trend: women are less likely than men to feel confident about their finances. This isn’t just a personal issue; it’s a major roadblock standing between women and their life goals, their dream businesses, and their ability to handle everyday money worries.
Counto
NOVEMBER 13, 2024
Bookkeeping Basics for F&B Businesses: Keeping Finances Organised in Singapore Efficient bookkeeping is crucial for the financial health of any business, especially for F&B businesses in Singapore, where managing cash flow, controlling costs, and ensuring compliance with local tax regulations are key to long-term success. Whether you own a restaurant, café, catering service, or any other F&B business, keeping your finances organised is essential for making informed decisions and impr
Speaker: Yohan Lobo
In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.
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