Mon.Feb 17, 2025

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Art of Accounting: SmartProof template available

Accounting Today

When staff use this SmartProof worksheet, they have a method to self-check and self-review their own work and fix any errors before it goes to the reviewer.

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Accrued Revenue: Definition, Examples, and How to Record It

Billing Platform

Accrued revenue is a cornerstone of accrual accounting, playing a vital role in accurately reflecting a company’s financial performance. For businesses operating in dynamic industries, understanding the concept is essential for aligning with Generally Accepted Accounting Principles (GAAP) and maintaining transparency with stakeholders. This article explores the meaning, examples, and importance of accrued revenue, while comparing it with deferred revenue and accounts receivable.

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Thank You 2025 ProAdvisor Award Applicants

Insightful Accountant

Applications for both U.S. and International ProAdvisor Awards for 2025 have now closed.

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Procurement Analytics

Tipalti

Discover how spend analytics in procurement, combined with finance automation, can optimize processes, reduce costs, and streamline decision-making.

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Forecasting Failures Are Costly: Here's How To Fix Them

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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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.

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Securing Your Tax Practice: Essential Strategies for the Digital Age

Insightful Accountant

As tax season intensifies, cybersecurity has become a paramount concern for tax professionals nationwide. This weeks Tax Talk "Data Security Essentials for Tax Season," comes at a crucial time when cyber threats are escalating at an alarming rate.

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Purchase Order Management System

Tipalti

Discover actionable strategies to optimize your purchase order management system, improve efficiency, and streamline your procurement process.

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8 Apptio Competitors to Know in 2025

finout

Apptio is a technology business management (TBM) solution commonly used for IT financial management.

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Business Automation Solutions

Black Ink Tax & Accounting

Table of Contents Comprehensive Business Automation Solutions: Enhance Your Automation Strategy In today’s ever-changing world of business, the integration of […] The post Business Automation Solutions appeared first on bitaccounting.

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What Are Interim Financial Statements? Purpose & Examples

Fit Small Business

Interim financial statements are composed of the income statement, balance sheet, and cash flow statement. Think of a visit to your doctor for a routine checkup, wherein theyll often run blood tests to see if everything looks good. These tests give a snapshot of your health at that moment, helping catch any potential issues early. The post What Are Interim Financial Statements?

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DOGE Chaos, Reciprocal Tariffs, Deloitte Backs off DEI, AICPA Caves on 150

Cloud Accounting Podcast

Sponsors CPA.com - [link] Relay - [link] Cloud Accountant Staffing - [link] Rho - [link] Chapters (00:00) - Welcome to The Accounting Podcast (00:54) - Chaos Created by Doge (01:32) - Top Stories of the Week (02:17) - Listener Mail and Additional Topics (05:09) - Live Stream Interaction (06:42) - DOJ and Treasury Payment Freeze (17:40) - Young Engineers at DOJ (24:15) - Automation Features for Seamless Transactions (24:44) - Addressing Viewer Questions on Treasury Policies (25:34) - Debate on Fe

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

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

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The end of the PCAOB? Trump's SEC nominee signals potential regulatory shift

Blake Oliver

The biggest change to public accounting in decades could be coming soon. Paul Atkins, Trump's nominee for SEC chairman, has advocated for eliminating the PCAOB and giving its job back to the SEC. This move would unwind 20+ years of post-Enron audit oversight. Mark Koziel, president of the AICPA, confirmed the association is preparing for this possibility, telling the Accountants Club of America: Well work with whatever regulator we need to serve the public interest.