Accounting Today

OCTOBER 3, 2023

The 'beneficial ownership' disclosure requirements are a challenge for both small businesses and accountants.

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Accounting Accounting 321

Xero

OCTOBER 3, 2023

We recently announced at Xerocon Sydney that our team was busy enhancing the AI algorithms that power bank reconciliation in Xero, so it would recognise new contacts in your statement lines (even when they’re not in your contact list). We’re excited to share that this new feature is now live and available to all Xero customers globally. Here’s how it works and how to recognise it when it appears in your bank reconciliation.

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Bank Reconciliation XERO Reconciling Accounting 286

Accounting Today

OCTOBER 3, 2023

Firms need to develop new retention strategies, pairing automation with the changing role of the accountant.

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Accounting Accounting 247

Xero

OCTOBER 3, 2023

From your local plumber and barber, to your favourite cafe, these small businesses sit at the heart of our communities. They are the ones driving jobs, economic growth and a place for people to come together. These smallest businesses — those employing up to nine people — make up 15% of the UK’s turnover, and provide over a quarter of jobs. But despite this, a “digital drag” is holding the smallest firms back from reaching their full potential.

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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.

Accounting

Accounting Today

OCTOBER 3, 2023

A recent report from credit rating agency Moody's found organizations have increased their spending on cybersecurity by 70% over just four years.

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Accounting Department

OCTOBER 3, 2023

Budgeting is crucial for any business that wants to succeed in the long term. As a business owner or CFO for a small to medium-sized business, you may have experienced the challenges of creating and implementing a budget.

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Budgeting 233

Blake Oliver

OCTOBER 3, 2023

The economy these days is a bit like listening to talk radio - lots of conflicting voices making big claims. So I turned to economist Liz Wilke, Chief Economist at Gusto, to get an expert read on where we're headed. I recently spoke with Liz on an episode of The Accounting Podcast. Despite the economic rollercoaster of the past year, she offered reassuring and level-headed views.

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CPA Accounting Accounting 24

Accounting Today

OCTOBER 3, 2023

The private equity-backed firm has expanded to the Midwest.

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Ace Cloud Hosting

OCTOBER 3, 2023

Artificial intelligence, a technology that’s been more than just a buzzword in recent years, has laid its foot in the accounting industry. Think about it—every day, we use tools with.

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Accounting Accounting QuickBooks 105

Accounting Today

OCTOBER 3, 2023

New cybersecurity rules from the SEC have prompted execs to push for stronger protections for their own companies and for third parties they deal with.

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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.

Payroll

Compleatable

OCTOBER 3, 2023

The news is out- Compleat Software will be exhibiting at the Schools & Academies Show 2023! This year’s show will be held on the 22nd November 2023 at the NEC, Birmingham, and will see more than 3,000 attendees from a range of backgrounds, including representatives from schools, academies, MATs, local authorities, central government, specialist charities and the wider education sector.

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Budgeting 100

Accounting Today

OCTOBER 3, 2023

Your employees' well-being; statutory residency; new blog in town; and other highlights from our favorite tax bloggers.

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Tax 145

Compleatable

OCTOBER 3, 2023

The news is out- Compleat Software will be exhibiting at the Schools & Academies Show 2023! This year’s show will be held on the 22nd November 2023 at the NEC, Birmingham, and will see more than 3,000 attendees from a range of backgrounds, including representatives from schools, academies, MATs, local authorities, central government, specialist charities and the wider education sector.

Budgeting 20

Budgeting 20

Insightful Accountant

OCTOBER 3, 2023

While there are a number of dynamics at play, it is how you handle these situations that go a long way in determining if a family business is right for you. Bryan Cytron and Scott Cytron of Cytron and Company explain.

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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.

The Successful Bookkeeper

OCTOBER 3, 2023

In today's rapidly evolving digital landscape, ensuring the security of online accounts and the protection of sensitive data have become more critical than ever. This holds particularly true for accounting and bookkeeping firms in the United States, entrusted with the responsibility of safeguarding confidential client information. While traditional password-based authentication methods have been widely utilized, they are increasingly susceptible to various security threats.

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Bookkeeping Account Bookkeeping Accounting Accounting 83

Insightful Accountant

OCTOBER 3, 2023

MISys is offering a new cloud-hosting option for MISys Manufacturing for deployment with Microsoft Azure.

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Invoicera

OCTOBER 3, 2023

Whether you have a startup idea or are already running a business and want to improve your finance management, this blog post will be an insightful read for you. Financial management is the most important aspect to grow and make your organization renowned. A report by CB Insights says that 38% of businesses fail because they run out of cash. Any startup that does not plan finances has a very low possibility of becoming successful.

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Budgeting Tax Computation Financial Reporting 59

Insightful Accountant

OCTOBER 3, 2023

Our 'Future Forward 2023 Rewind' continues with a deep dive into the real-world power of AI and how it can help you.

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Accounting Accounting 52

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.

CPA

Invoicera

OCTOBER 3, 2023

Whether you have a startup idea or are already running a business and want to improve your finance management, this blog post will be an insightful read for you. Financial management is the most important aspect to grow and make your organization renowned. A report by CB Insights says that 38% of businesses fail because they run out of cash. Any startup that does not plan finances has a very low possibility of becoming successful.

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Budgeting Tax Computation Financial Reporting 52

Nanonets

OCTOBER 3, 2023

Today, PDF documents have become a standard format for sharing and preserving information across all organizations. However, sometimes it may be required to extract the text from a PDF file for various reasons like editing, analyzing, or simply copying and pasting the content for the organization's record. There are multiple ways in which text can be extracted from PDF files.

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Computation 52

Accounting Tools

OCTOBER 3, 2023

Related Courses Fair Value Accounting What are Market Participants? Market participants are those buyers and sellers transacting business in the principal market for an asset or liability. These participants are not related parties, have a reasonable understanding of the asset or liability, are capable of entering into a transaction to buy or sell the item, and are motivated to do so.

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Accounting Accounting 40

NACM

OCTOBER 3, 2023

NACM's Professional Certification Program gives credit professionals a space to create connections while mastering the tools needed for success in the B2B credit world. With six levels of certification, credit professionals can earn credentials along with several benefits such as new career opportunities, leadership recognition and mastery in the p.

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5

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

Accounting Tools

OCTOBER 3, 2023

Related Courses Bookkeeping Guidebook New Controller Guidebook The Problem With Numeric Account Codes The typical account code structure uses a four or five digit numeric code that describes a primary account, followed by a hyphen, and then a two or three digit numeric code that describes a department. Historically, these codes have been stated in a numeric format.

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Computation Accounting Software Bookkeeping Accounting 40

Accounting Today

OCTOBER 3, 2023

GOP members of Congress are demanding answers from the Internal Revenue Service about the backlog in processing claims for the Employee Retention Credit, only weeks after the IRS imposed a moratorium.

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Tax 325

Accounting Tools

OCTOBER 3, 2023

Related Courses Bookkeeping Guidebook New Controller Guidebook The Problem With a Large Chart of Accounts The typical chart of accounts is in desperate need of improvement, because it is too large. Having a large chart of accounts leads to issues with incorrect account usage, immaterial account balances, extensive accountant training, higher audit costs, and incorrect financial statements.

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Financial Statements Accounting Accounting General Ledger 40

Cloud Accounting Podcast

OCTOBER 3, 2023

Blake and David cover a plethora of topics including positive customer experiences, legal rulings, top cities for accountants, and the pressure on Intuit from major banks. They also dig into the discovery of a large sum of cash at a senator's home, how Trump defrauded the banks, another potential government shutdown, and the accounting talent crisis.

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Accounting Accounting Auditing AP 48

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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.

Accounting Tools

OCTOBER 3, 2023

Related Courses Bookkeeping Guidebook New Controller Guidebook A three digit chart of accounts allows a business to create a numerical sequence of accounts that can contain as many as 1,000 potential accounts. The three-digit format is most commonly used by small businesses that do not break out the results of any departments or divisions in their financial statements.

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Petty cash Computation Accounting Accounting 40

Accounting Today

OCTOBER 3, 2023

Tuesday will start off with more testimony from his former accountant Donald Bender. The next witness is expected to be Camron Harris, an audit partner with Trump's new accounting firm Whitley Penn LLP.

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Auditing Accounting Accounting Financial Reporting 182

Accounting Tools

OCTOBER 3, 2023

Related Courses Business Insurance Fundamentals What is a Coverage Period? A coverage period is the period of time during which an insured event is protected by an insurance contract. Outside of the coverage period, a loss is not covered by such a contract. From a loss prevention perspective, it can make sense for an insured party to have a procedure in place to always verify when coverage periods expire, so that replacement contracts can be obtained with enough time to avoid a loss of coverage.

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Accounting Tools

OCTOBER 3, 2023

Related Courses Bookkeeping Guidebook New Controller Guidebook The number of digits used to describe each account in a chart of accounts drives the level of detail that can be recorded. A five digit chart of accounts is used by organizations that want to track information at the departmental level. With a five-digit code, they can produce separate income statements for each department.

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Petty cash Accounting Accounting Computation 40

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.

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