Accounting Tools

MAY 12, 2024

What is a Transaction Cycle? A transaction cycle is an interlocking set of business transactions. Most of these transactions can be aggregated into a relatively small number of transaction cycles related to the sale of goods, payments to suppliers , payments to employees , and payments to lenders. A key role of the accountant is to design an appropriate set of procedures, forms, and integrated controls for each of these transaction cycles, to mitigate the opportunities for fraud and ensure that

Petty cash 75

Petty cash Revenue Cycle Purchase Order Accounting 75

Insightful Accountant

MAY 12, 2024

The ProAdvisor Sub-Economy flourished as these professionals shared knowledge and helped each other navigate the evolving landscape of accounting and QuickBooks.

QuickBooks 59

QuickBooks Accounting Accounting 59

Accounting Tools

MAY 12, 2024

What are Stocks? Stocks are securities that represents a fraction of the ownership of the issuing corporation. They are issued to investors in the form of stock certificates. Stock may be classified as common stock or preferred stock. What are Bonds? Bonds are a fixed obligation to pay that are issued by a corporation or government entity to investors.

Corporate Finance 75

Corporate Finance 75

CSI Accounting & Payroll

MAY 12, 2024

Whether you’re an employee or the owner of a small business, it’s important to know how to read a pay stub. Each one represents the earnings, deductions, and taxes from each pay period , and they can be needed for income verification, taxes, and personal record-keeping. At CSI Accounting & Payroll, we’ve worked with small businesses for over 50 years.

Record Keeping 52

Record Keeping Payroll Tax Accounting 52

Advertisement

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.

Accounting Tools

MAY 12, 2024

What is a Controllable Cost? Controllable costs are those costs that can be altered in the short term. More specifically, a cost is considered to be controllable if the decision to incur it resides with one person. If the decision instead involves a number of individuals, then a cost is not controllable from the perspective of any one individual. Also, if a cost is imposed on an organization by a third party (such as taxes), this cost is not considered to be controllable.

Financial Analysis 75

Financial Analysis Cost Accounting Tax Accounting 75

Nanonets

MAY 12, 2024

In today’s highly competitive business landscape, having access to updated and accurate data is imperative for an organization. However, constantly collecting and keeping this data updated is extremely time-consuming and resource-intensive. Hence, businesses must use automated data collection processes to gain a competitive advantage.  The digital age has ensured that most data organizations need is available online.

Collections 52

Collections 52

Insightful Accountant

MAY 12, 2024

Intuit has just announced a new ProAdvisor Training Medium, the "In the Know Hub." You may be familiar with Intuit's monthly In the Know Webinars, well now they will be producing new recorded product content education for ProAdvisors.

52

52

IMA's Count Me

MAY 12, 2024

Tune into this compelling episode of Count Me In with guest Srinath Ganesan , the Director of Finance & Risk Solutions at SAP. Srinath unpacks the transformative role of AI in finance, presenting it as both an enabler and a crucial tool for ethical considerations. With a wealth of experience, he brings practical insights, discussing how AI streamlines processes like financial reporting and influences investment decisions.

Financial Reporting 45

Financial Reporting 45

Ontrack Bookkeeping

MAY 12, 2024

Ever felt like the term “current ratio” sounds like something straight out of a high school mathematics class that you’d rather forget? You’re not alone. But here’s the thing – understanding the current ratio can be a game-changer for managing your business’s financial health. Here’s a simple breakdown. What is the Current Ratio?

Billing 52

Billing Accounts Payable Accounts Payable Payroll 52

Accounting Tools

MAY 12, 2024

What is Stakeholder Theory? Stakeholder theory takes a broad view of the constituencies that a corporation serves. A stakeholder is any person or entity that has a significant interest in the success or failure of a business. Stakeholders can have a significant impact on decisions regarding the operations and finances of an organization. Stakeholder theory states that the managers of a business must take into account the needs of all stakeholders, not just shareholders.

Tax 40

Tax Accounting Accounting 40

Advertisement

Setting the stage for successful organizational change always begins with clear, thoughtful communication. When it comes to rolling out a new travel and expense (T&E) policy, establishing a well-structured communication plan is key to ensuring that all employees understand the changes and their impact. By following a step-by-step approach, you can guide your organization through the transition, fostering smooth adoption from the outset and improving compliance.