The worst of times: Issues in accounting in 2024
Accounting Today
MARCH 20, 2024
Senior leaders from Accounting Today's Top 100 Firms and Regional Leaders share their biggest concerns for the year ahead.
Accounting Today
MARCH 20, 2024
Senior leaders from Accounting Today's Top 100 Firms and Regional Leaders share their biggest concerns for the year ahead.
Accounting Department
MARCH 20, 2024
QuickBooks Online makes a chart of accounts accessible, but it's up to you to tailor it to your business's unique structure and financial tracking needs.
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Accounting Today
MARCH 20, 2024
The Public Company Accounting Oversight Board imposed a total of $150,000 in fines against three partners at KPMG's firm in mainland China for violating PCAOB standards and imposed sanctions on them.
Insightful Accountant
MARCH 20, 2024
During this year's Sage Transform event, one of the big announcement was the incorporation of Fixed Asset Management into Intacct.
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Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.
Accounting Today
MARCH 20, 2024
A pair of lawmakers proposed a bill to end the abuse of grantor-retained annuity trusts to avoid taxes.
Insightful Accountant
MARCH 20, 2024
The introduction of Microsoft 365 Copilot, the powerful new AI assistant integrated across Microsoft's productivity apps, promises to transform the way professional firms operate, including accounting and tax practices.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Insightful Accountant
MARCH 20, 2024
Tax pros: With the IRS hiring thousands of revenue agents, the agency encourages members of the tax professional community to consider applying for one of the many career opportunities
Accounting Today
MARCH 20, 2024
Companies lose an estimated 5% of their revenue each year due to fraud, according to a report from the Association of Certified Fraud Examiners.
RevCycle
MARCH 20, 2024
The idyllic landscapes and tight-knit communities of the Great Lakes region mask a growing concern – the financial struggles of rural healthcare. These facilities, often the sole source of medical care for miles around, face unique challenges in maintaining financial margins and collecting patient revenue. This article explores the financial struggles of rural healthcare in the Great Lakes region and proposes solutions, including implementing flexible payment policies, up-front collections, and
Accounting Today
MARCH 20, 2024
Mike Lynch's Autonomy Corp.
Speaker: Susan Richards
Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.
Future Firm
MARCH 20, 2024
Having a sales process that gets the job done can be tough. In this episode, I explained what mine looks like and why I made it that way. The post What My Firm’s Sales Process Looked Like appeared first on Future Firm.
Jetpack Workflow
MARCH 20, 2024
As you onboard more tax clients to grow your firm, generating higher top-line revenue can be exciting. However, realizing what this means for your team’s workload during the accounting year’s busiest season may be equally daunting. With each additional tax return, the incremental administrative tasks required can bog down your team’s productivity. When performed manually, these individual steps for preparing client tax returns can be prone to human error, tedious, and time-consuming, creating ev
Counto
MARCH 20, 2024
Cash vs Accrual Accounting: Which is Better? The choice between cash and accrual accounting can significantly impact how businesses manage their finances. Let’s delve into the differences, benefits, and downsides of each method. Cash Basis Accounting Cash basis accounting revolves around timing – recording revenue and expenses based on when money exchanges hands.
Nanonets
MARCH 20, 2024
Bank loans, investor funding, IPOs; if there’s one thing business leaders are familiar with, it’s the challenge of securing access to funds when their organization needs them most. The constant push and pull of spending enough money to make money, seeking out new capital sources, and taking advantage of smart debt financing are topics that sit at the forefront of most business conversations.
Speaker: Danny Gassaway and Wayne Richards
Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.
SMB Accounting and Consulting
MARCH 20, 2024
In today's digital age, the convenience of instant money transfers has become a staple in our daily lives, thanks to platforms like Venmo, Cash App, and Zelle. While these apps excel in peer-to-peer transactions, they may fall short when it comes to meeting the needs of small businesses seeking reliable payment solutions. Despite their widespread popularity, these platforms pose limitations and risks that can significantly impact business operations and financial security.
Accounting Tools
MARCH 20, 2024
What is Cash Flow to Stockholders? Cash flow to stockholders is the amount of cash that a company pays out to its shareholders. This amount is the cash dividends paid during a reporting period. Investors routinely compare the cash flow to stockholders to the total amount of cash flow generated by a business, to measure the potential for greater dividends in the future.
Accounting Tools
MARCH 20, 2024
What is an Estimated Liability? An estimated liability is an obligation for which there is no definitive amount. Instead, the accountant must make an estimate based on the available data. This results in an accrued expense that appears within the current liabilities section of the balance sheet. Example of an Estimated Liability There are many types of estimated liabilities that you might experience.
Accounting Tools
MARCH 20, 2024
What are Accounting Policies? Accounting policies are the rules used by an entity to ensure that transactions are recorded properly and financial statements produced correctly. These policies ensure that accounting activities are handled consistently over time. They are also needed to ensure that an organization follows the applicable accounting framework , such as GAAP or IFRS.
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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.
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