Ace Cloud Hosting
AUGUST 14, 2024
Billing software has become a necessity and around 58% of accountants use accounting software to meet their client’s needs. The accounting profession is rapidly evolving, and staying in a competitive.
Accounting Today
AUGUST 15, 2024
The timing came months before the reports have been released in recent years thanks to ongoing efforts to accelerate the release of reports.
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Accounting Department
AUGUST 14, 2024
In today's competitive landscape, small and medium-sized businesses (SMBs) need every advantage they can get to thrive and grow. One powerful tool that can significantly impact a company's bottom line is forecasting.
Xero
AUGUST 12, 2024
“We believe that Australian music is a vital part of life and we want to help musicians make a living from their craft,” shared Kathy Wilson, co-founder of Suitcase Records. The family-run business operates out of Brisbane, Australia, and aims to support local musicians by providing a more sustainable PVC compound to produce high-quality vinyl records.
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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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.
Fidesic blog
AUGUST 13, 2024
2024 has been the year of in-person events over here at Fidesic. We have been going to a lot more meetups and smaller conferences this year.
Accounting Today
AUGUST 14, 2024
A new study reveals increases in both local and new tax rates across the country, highlighting an urgent need for revenue at the municipal level.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Xero
AUGUST 14, 2024
The way we pay for products and services is changing faster than ever, and as a small business owner it’s important to keep up with these shifts to meet customer expectations. As payment trends evolve, you need to have all the facts so that you can get paid as fast as possible. So we asked consumers, ‘How do you want to pay?’ and delved into what options small businesses were offering today as well as the administrative challenges of paying suppliers.
Fidesic blog
AUGUST 13, 2024
2024 has been the year of in-person events over here at Fidesic. We have been going to a lot more meetups and smaller conferences this year.
Accounting Today
AUGUST 13, 2024
A new template for a 'Written Information Security Plan' is available for practitioners to meet their mandate.
Accounting Tools
AUGUST 14, 2024
What is a Business Combination? A business combination is a transaction in which the acquirer obtains control of another business (the acquiree ). Business combinations are a common way for companies to grow in size, rather than growing through organic (internal) activities. Combinations can be used to rapidly acquire market share, fill out product lines , and gain access to new markets.
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
accountingfly
AUGUST 12, 2024
“You can’t win the race for talent without hiring freelancers.” Is your accounting firm struggling to find the right talent? Freelancer staffing might be the solution you’ve been missing. In the latest episode of the Accounting Talent Podcast , Rob Brown sits down with Jeff Phillips, CEO of Accountingfly, to explore the growing impact of freelancer staffing in the accounting industry.
Insightful Accountant
AUGUST 11, 2024
Murph takes you step-by-step through configuring the new QBO shipping feature, setting up your ShipEngine account, and processing your first shipment.
Accounting Today
AUGUST 12, 2024
The Ben Affleck-starring sequel will continue the saga of lethal and brilliant small-town CPA Christian Wolff.
Billing Platform
AUGUST 13, 2024
Volume pricing is a pricing structure where the cost per product decreases (aka volume discounts) as the quantity of products purchased increases. Essentially, volume pricing works by offering varying pricing thresholds that are tied to the quantity of products purchased. Beneficial to both the sellers and the buyers, this pricing strategy enables the seller to incentivize buyers to increase the volume purchased, as well as attract new customers – increasing revenue, while allowing customers to
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Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.
accountingfly
AUGUST 16, 2024
Sharing our perspective on the latest trends impacting talent acquisition in the accounting industry – Freelance Recruitment 2.0, Salary Trends, and DIY Recruiting. All content is 100% written by the real humans working here at Accountingfly. Market Trends: Accounting Salary Trends 2019-2023 – Equity Partners Win; When to Reconsider DIY Recruiting; RTO Salary Math Goes Viral 5 Year Accounting Salary Trends: Partners Win; Staff Lose (?!
Accounting Tools
AUGUST 14, 2024
How to Account for Fair Value Fair value accounting uses current market values as the basis for recognizing certain assets and liabilities. Fair value is the estimated price at which an asset can be sold or a liability settled in an orderly transaction to a third party under current market conditions. This definition includes the concepts noted below: Current market conditions.
Accounting Today
AUGUST 14, 2024
The CPA certification is the third-most valued credential for CFO roles, according to a report by the Pennsylvania Institute of CPAs.
Reconciled Solutions
AUGUST 13, 2024
Running out of products? Stocking too many? Here's how managing inventory in QuickBooks Online can help solve both problems. The post 5 Tips for Managing Inventory in QuickBooks Online appeared first on Reconciled Solutions.
Speaker: Anna Tiomina, MBA
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
Nolan Accounting Center
AUGUST 15, 2024
Every entrepreneur wants to say his/her business is doing well. However, starting and running a company is not easy. As reported by the Bureau of Labor Statistics, about 20% of small businesses fail within their first year , with 50% failing by the fifth year, and 70% by the tenth year. When a small business is doing well, it is no small accomplishment!
Accounting Tools
AUGUST 14, 2024
What is a Bank Reconciliation? A bank reconciliation is used to compare your records to those of your bank, to see if there are any differences between these two sets of records for your cash transactions. The ending balance of your version of the cash records is known as the book balance , while the bank's version is called the bank balance. Why Conduct a Bank Reconciliation?
Accounting Today
AUGUST 16, 2024
The Internal Revenue Service is reopening the Voluntary Disclosure Program for a limited time to allow businesses to fix incorrect Employee Retention Credit claims without penalties or interest.
LedgerDocs
AUGUST 16, 2024
As an accountant or bookkeeper, you know how common it is for a small business owner to miss out on valuable tax deductions simply because they fail to keep track of all their receipts. Here’s a rundown of the top five Canadian tax deductions that small businesses often overlook and how you as their bookkeeper can help them preplan to ensure every receipt is captured and every deduction is claimed. 1.
Speaker: Melissa Hurrington
Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.
Outsourced Bookeeping
AUGUST 16, 2024
In any industry, quality and quantity often seem to be mutually exclusive, and accounting and bookkeeping are no exception. An accounting firm that is known for its accurate and effective accounting services may find it hard to scale its operations for fear of the potential loss of quality. Accounting firms looking to expand their operations often struggle to maintain the right quality of work due to a lack of expertise, difficulties in hiring the right personnel, and, most importantly, the ever
Accounting Tools
AUGUST 13, 2024
What is a SOC Type 1 Report? Service organization control (SOC) reports can be either a Type 1 or a Type 2 report. A Type 1 report is management’s description of a service organization’s system and a service auditor’s report on that description and on the suitability of the design of controls. What is a SOC Type 2 Report? A Type 2 report goes a step beyond a Type 1 report, where the service auditor also reports on the operating effectiveness of controls during an audit period.
Accounting Today
AUGUST 12, 2024
Accountants are generally pessimistic about the economy as a whole, but feel much more confident when it comes to their own firm and clients.
Insightful Accountant
AUGUST 14, 2024
Recent Supreme Court decisions have sent shockwaves through the accounting profession, particularly in the realm of tax law. These changes introduce a level of uncertainty that may make many tax professionals uncomfortable.
Speaker: Yohan Lobo
In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.
Less Accounting
AUGUST 14, 2024
In the ever-evolving landscape of business operations, bookkeeping stands as a fundamental pillar for small businesses. As technology continues to advance and market dynamics shift, the role of bookkeeping is undergoing a transformation. In this article, we’ll explore the emerging trends and technologies shaping the future of bookkeeping and why small businesses should embrace them.
Accounting Tools
AUGUST 11, 2024
What is a Process Costing System? A process costing system accumulates costs when a large number of identical units are being produced. In this situation, it is most efficient to accumulate costs at an aggregate level for a large batch of products and then allocate them to the individual units produced. The assumption is that the cost of each unit is the same as that of any other unit, so there is no need to track information at an individual unit level.
Accounting Today
AUGUST 13, 2024
When a CPA transitions from individual contributor to leader of many people, his or her technical skills alone will not be enough to drive results.
Economize
AUGUST 14, 2024
Importance of Monitoring AWS Costs Cost monitoring is fundamental for ensuring that your operations remain within budget while avoiding unexpected costs. This involves routine checks and analyses to align cloud spending with strategic business objectives, which aids in better financial and operational efficiency.
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