Wed.Nov 13, 2024

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FASB proposes to improve interim reporting

Accounting Today

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.

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Choosing the Perfect Outsourced Client Accounting Services for Your Business

Accounting Department

Opting for outsourced client accounting services can significantly conserve time and resources for your business. Nevertheless, locating a reliable outsourcing partner can be difficult. But how can you be sure you’re choosing an outsourced accounting service you can trust? A few characteristics of trustworthy, competent, and reliable accounting services will help you know the provider you chose is the right one.

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'Bitcoin Jesus' fights IRS tax evasion case from Spanish island

Accounting Today

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.

Tax 260
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Why Is Business Insurance Expensive & Still Going Up?

Fit Small Business

Here’s the scenario: You receive your small business insurance renewal notice, and your premium has increased significantly. You haven’t filed a claim in years or changed your coverage. You may wonder why business insurance is so expensive and why business insurance rates are going up. Business insurance premiums have been rising month over month for.

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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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Citrin Cooperman buys Signature Analytics

Accounting Today

The acquisition of the San Diego-based outsourced accounting and advisory firm is the latest deal since Citrin received private equity financing.

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Small Business Performance Declining According to Xero Data

Insightful Accountant

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.

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Why Is Annual Budgeting Essential for Long-Term Business Success

Analytix Finance & Accounting

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.

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CIA certification is top surging skill

Accounting Today

Certified internal auditor certification, management accounting and company valuation are the top surging accounting and finance skills, according to a new Udemy report.

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Human Interest: Making Retirement Accessible and Affordable for Small Businesses

Insightful Accountant

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.

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Survey: Infor leads finance and accounting use cases vs. other ERPs

Accounting Today

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.

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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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Small Business Performance Declining According to Xero Data

Insightful Accountant

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.

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April releases solution for complex tax situations

Accounting Today

AprilPro addresses issues ranging from K-1s and 1099s to AMT calculations and real estate investments.

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Your First Step To No Overtime This Tax Season

Future Firm

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.

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Super Micro delays another filing after auditor's resignation

Accounting Today

The server maker has seen more than $50 billion of its market value wiped out over concerns about its accounting.

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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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Understanding Profit Margins: How to Make Your Restaurant More Profitable

Counto

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.

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MYCPE and Entrigrity merge to form MYCPE One

Accounting Today

Continuing professional education provider MYCPE and staffing solutions provider Entigrity are merging to create a new company, MYCPE One.

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8 Most Common Business Loan Terms to Be Aware Of

Fit Small Business

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.

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Simplify Ad Budgets with Spend Management Software

AvidXchange

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?

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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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Be Insightful For $1.00 For The First Month

Insightful Accountant

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.

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When to Complete Form 4835 vs Schedule F vs Schedule E

Fit Small Business

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.

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Top 12 Invoicing Software For Legal Firms/Lawyers

Invoicera

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.

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What Is the Profit First Method & How to Use to Increase Profits

Fit Small Business

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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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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10 Best Hyperscience Alternatives - Ratings, Reviews & Pricing

Nanonets

Hyperscience is known for its AI-driven document processing capabilities. It offers organizations a robust solution for automating and streamlining data extraction from various document types.  Its unique selling proposition lies in its ability to handle complex, unstructured documents accurately and efficiently.  Some of the key features of Hyperscience include: Advanced data extraction: Utilizes machine learning to accurately extract data from diverse document formats, including hand

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What Is Merchant Financing?

Fit Small Business

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?

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The costs of NOT using financial technology in your business

Plooto

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?

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"Input. Input. Input Required" - We need your App Input.

Insightful Accountant

We want to hear from you as to your preferred App Comparison categories. Please take this 1-minute survey to give us your input.

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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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Funding Options for F&B Entrepreneurs in Singapore

Counto

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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Newest Xero Features

Insightful Accountant

Xero has rolled out a couple of new 'bill' related features. 'duplicate detection' and 'bill quick-view'.

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Financial Health Check: Key Ratios for a Successful F&B Business in Singapore

Counto

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.

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PCAOB releases CAMs guidance for auditors of small firms

Accounting Today

Board members face the likelihood of a deregulatory emphasis under the incoming Trump administration and probable changes in board composition.

Auditing 297
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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.