Fri.Nov 10, 2023

article thumbnail

Texas hits EY with $3M penalty

Accounting Today

The fallout from a CPA exam cheating from last year continues down to the state level.

CPA 334
article thumbnail

Navigating the Challenges of B2B Debt Collections

Enterprise Recovery

Debt collections between businesses (B2B) is the recovery of overdue payments for goods or services provided to another company. Understanding the intricacies of B2B debt collections is essential for businesses to manage their cash flow effectively and maintain healthy financial relationships with their clients. Businesses of all sizes often face delayed payments, invoice disputes, and communication difficulties.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Smoother sailing for next tax season?

Accounting Today

The IRS and preparers are preparing to navigate the filing season ahead.

Tax 306
article thumbnail

Earmark Media Presents: Unofficial QuickBooks Accountants Podcast

Cloud Accounting Podcast

Listen to the full Unofficial QuickBooks Accountants Podcast here: [link] Earmark Media Presents a bonus episode of Unofficial QuickBooks Accountants Podcast. Hector and Alicia dig into all the details and speculation around Intuit's newest cloud accounting product QuickBooks Ledger. Is it an affordable option for write-up clients or an over-hyped limited edition QBO?

article thumbnail

Fall In Love With the Month-End Close

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.

article thumbnail

Tough budget decisions ahead as state tax revenue drops

Accounting Today

Cooling economic growth, tax cuts and weak stock-market performance are big contributors to the drop.

Budgeting 304
article thumbnail

The Introvert's Guide to Networking at QBConnect

Insightful Accountant

Picture yourself at QB Connect, casually mingling with industry bigwigs, tech wizards, and soon-to-be buddies. With these three simple tips, you'll be ready to conquer the challenge.

69

More Trending

article thumbnail

Using Automation Software for Improved Procurement Spend Analysis

NextProcess

Procurement plays a vital role in company success through spend management. By leveraging procurement data and optimizing the procurement process, companies can improve cash flow, cut costs, and collect useful financial data. The process of collecting and analyzing the data related to procurement is called spend analysis. Spend analysis involves collecting data from the entire procurement process.

article thumbnail

Tech News: Intuit shutters Mint

Accounting Today

Plus, Results Software returns to original ownership; Tax Autopilot applies generative AI to federal and state tax filing; and other accounting tech news.

Tax 298
article thumbnail

Finding Ways to Improve Stakeholder Engagement in the Procure-to-Pay Process

NextProcess

17Procurement professionals work with a wide range of people throughout the company as well as suppliers outside the company. These internal and external stakeholders play a vital role in procurement. Engaging internal stakeholders and effectively managing external stakeholders can make a huge difference in how well a procurement department performs.

article thumbnail

Survey finds 37% have already laid off workers due to AI

Accounting Today

A recent survey of finance leaders has found that 37% have already laid off workers because AI made their positions unnecessary, and 44% anticipate such layoffs to continue next year.

252
252
article thumbnail

Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

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.

article thumbnail

How AvidXchange Streamlined Payments for Medium Buying

AvidXchange

Ad-buying in today’s world is more complicated than ever as brands and advertisers look for innovative ways to make a bigger splash in a crowded marketplace. Medium Buying, a political media agency, was developed with this in mind, noting that “today, a good ad-buying company is focused on getting powerful creative or content in front of their target audience regardless of the medium it takes to reach them.

article thumbnail

Tech startup faked an audit report, and more: SEC

Accounting Today

The former co-CEOs of Bitwise Industries used a number of fake documents to help raise money from investors.

Auditing 200
article thumbnail

The Power Pair: Simplifying Paper Conversion & Reassociation with SSI

SSI Healthcare Rev Cycle Solutions

The Power Pair: Simplifying Paper Conversion and Reassociation with SSI [On-Demand Webinar] Home / Every revenue cycle leader is familiar with the grueling challenges of paper conversions: a time-consuming, error-prone process that often stands between your organization and timely payments. But consider this — according to the CAQH Core 2022 report, by switching from manual remittances to ERAs (electronic remittance advice), there’s a potential savings of $4.02 and 7 minutes per transactio

article thumbnail

On the move: Forvis expands to San Francisco Bay area

Accounting Today

CohnReznick names chief people officer; Moss Adams adds to forest products practice; and more news from across the profession.

189
189
article thumbnail

Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

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.

article thumbnail

Why You Need Cash Flow Projections

Invoicera

The most important aspect of any business is financial stability. If you understand your company’s financial health, then only you can make better future decisions ensuring its sustainability. So, how can you do this? Cash flow projections help you to predict future finances to a greater extent. Let’s consider the below quote. It clearly explains how crucial is the cash flow in your business.

article thumbnail

Tax Strategy: Guidance on the Clean and Used Clean Vehicle Credits

Accounting Today

Proposed regulations from the IRS are generally effective beginning in 2024.

Tax 189
article thumbnail

The Power Pair: Simplifying Paper Conversion & Reassociation with SSI

SSI Healthcare Rev Cycle Solutions

The Power Pair: Simplifying Paper Conversion and Reassociation with SSI [On-Demand Webinar] Home / Every revenue cycle leader is familiar with the grueling challenges of paper conversions: a time-consuming, error-prone process that often stands between your organization and timely payments. But consider this — according to the CAQH Core 2022 report, by switching from manual remittances to ERAs (electronic remittance advice), there’s a potential savings of $4.02 and 7 minutes per transactio

article thumbnail

Tax inspectors don't tend to believe in magic

Accounting Fun

A tax inspector arrived at the front door of a magnificent 8 bedroom mansion in the depths of the countryside. "How have you managed to buy this luxurious mansion whilst your income is so low?" he asked the market trader who lived there. "Well" replied the trader, "When I was fishing last year, I caught a golden fish. When I took it off the hook the fish looked at me and spoke.

Tax 49
article thumbnail

Cash Flow Secrets Every Upskilled CPA Should Know

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.

article thumbnail

Inside the Booming Creator Economy: What Brands Need to Know

Tipalti

Inside the Booming Creator Economy: What Brands Need to Know In 2011, I had zero dollars to my name and was living off Ramen noodles and the hope that someone would read my Glee spec script.

40
article thumbnail

A World Without Credit Would Be Chaos

NACM

?️ On today's episode of NACM's Extra Credit podcast. Trade creditors are the lifeblood of our economy, currently providing approximately $5.6 trillion of capital to businesses in the United States, most of which is extended on an unsecured basis. Here we explore what a world might look like without credit (hint: It is pure chaos).⭐ Hear from Er.

5