Sat.Jun 01, 2024 - Fri.Jun 07, 2024

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Many nonprofits missed filing deadline

Accounting Today

Between inflation and reduced contributions, charities and not-for-profits are being squeezed, and even though millions of them are tax-exempt, a lot of them need extra help and time to file their Form 990 with the IRS.

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Why Businesses Should Turn to FP&A for the Second Half of 2024

Accounting Department

In today's tumultuous economic climate, the importance of sound financial strategy cannot be overstated—especially for small and medium-sized businesses that might not have the buffer of large corporations. Financial Planning & Analysis (FP&A) isn't just a set of buzzwords; it's a compass for navigating the murky waters of modern economics. As we approach the second half of 2024, now is the time for businesses to fortify their financial plans.

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What are the KPIs in Accounts Payable for Health and How to Improve Them

Fidesic blog

Healthcare accounting is often complex. Healthcare accounting is often managed by health support organizations or management offices that handle tons of vendors across geographies. This can create pretty complex back-office processes. This includes super complex invoice processing requirements.

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Top 4 AP Automation misconceptions — and what you need to know

Ascend Software blog

Change doesn’t come easy, and this can be particularly true for Accounts Payable teams that are considering an a new software solution. After building our business around Accounts Payable Automation since 1997, we’ve heard from many customers and prospects alike who are understandably apprehensive about expanding their existing tech stack outside of Workday.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

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.

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The 2024 Billion-Dollar Wealth Magnets

Accounting Today

The leading CPA financial planners with over $1 billion in assets under management, from Accounting Today's annual ranking.

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The Art of Firing a Client | Beyond the Books Podcast by AccountingDepartment.com

Accounting Department

We are thrilled to announce that Episode 21 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.

More Trending

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FinOps and Sustainability Teams Collaborate to Optimize Carbon

FinOps Foundation

Key Insight: Carbon optimization is a growing concern for organizations, and Environmental, Social, and Governance (ESG) teams can leverage the culture of collaboration and waste reduction that FinOps teams have cultivated. Cloud Service Providers are delivering more granular carbon emissions data and tooling that FinOps practitioners can use for reporting and optimization within a cloud, and FinOps vendors are beginning to offer sustainability features to optimize carbon across clouds.

FinOps 130
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The tax consequences of digital nomadism

Accounting Today

The freedom of working remotely while traveling the world doesn't include freedom from tax compliance issues.

Tax 336
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Jun 4, Basic Accounting Concepts and Principles - GAAP and ASPE

Bookkeeping Essentials

Overview of the basic accounting concepts and principles around which Canadian GAAP and ASPE was developed. FRF for SMEs is a U.S. alternative to GAAP.

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QuickBooks Hosts Accountants for Ecosystem Care Jam

Insightful Accountant

QuickBooks recently hosted an Ecosystem Care Jam for accountants involving more than 300 QuickBooks employees from around the world.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

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.

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FinOps and Carbon Optimization: Two Sides of the Same Coin

FinOps Foundation

Key Insight: Carbon optimization is a growing concern for organizations, and Environmental, Social, and Governance (ESG) teams can leverage the culture of collaboration and waste reduction that FinOps teams have cultivated. Cloud Service Providers are delivering more granular carbon emissions data and tooling that FinOps practitioners can use for reporting and optimization within a cloud, and FinOps vendors are beginning to offer sustainability features to optimize carbon across clouds.

FinOps 130
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IRS tries to use AI to close tax gap

Accounting Today

The Internal Revenue Service is turning to artificial intelligence to help select tax returns to audit and narrow the tax gap, but it needs to use this new technology consistently and transparently, according to a new government report.

Tax 334
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Jun 1, Canadian Bookkeeping Tips- Small Business Accounting Basics

Bookkeeping Essentials

Over 30 basic home business accounting and bookkeeping tips along with information on managing your accounting system. Bookkeeping Essentials is a free resource for your book keeping questions.

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Tips for Bookkeeper To Handling a Ghosting Client

LedgerDocs

If you work with clients, you know that communication is key. But what happens when your clients become unresponsive or “ghosts” us. This is a frustrating, stressful, yet familiar circumstance that we have all faced at one point or another. But we can’t just ignore them back especially when you’re waiting on essential information or approvals.

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Building a Business Case for Finance Automation

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.

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FinOps and ESG Teams Collaborate to Optimize Carbon

FinOps Foundation

Key Insight: Carbon optimization is a growing concern for organizations, and Environmental, Social, and Governance (ESG) teams can leverage the culture of collaboration and waste reduction that FinOps teams have cultivated. Cloud Service Providers are delivering more granular carbon emissions data and tooling that FinOps practitioners can use for reporting and optimization within a cloud, and FinOps vendors are beginning to offer sustainability features to optimize carbon across clouds.

FinOps 100
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Accounting Today news quiz: June 3

Accounting Today

Test your accounting knowledge on Gen Z employees, big four AI partnerships, and more. No. 2 pencil not required!

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Jun 2, Confused About the Balance Sheet?

Bookkeeping Essentials

Learn why it matters that you understand your balance sheet. Then discover what it reveals about your business finances. The mystery is about to unfold!

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Nancy McClelland's Biggest Takeaways of Scaling New Heights 2023

Insightful Accountant

Gear up for Scaling New Heights 2024 by taking a look at Nancy's takeaways from last year's Scaling New Heights.

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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.

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Super-variable costing definition

Accounting Tools

What is Super-Variable Costing? Super-variable costing only considers totally variable costs to be part of the cost of inventory. All other costs are charged to expense in the period incurred. This typically means that only direct materials are included in the cost of inventory. The result of this approach is that nearly all costs of production are charged to expense at once, resulting in lower reported profits in the short term.

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The 20 most charitable states in America

Accounting Today

Where are residents the most giving? Check out this ranking, which tracks the states with the most charitable donations, as well as volunteering and service.

Tax 333
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Jun 1, Evaluate Your Book Keeping System

Bookkeeping Essentials

Whether you are just starting out or have been in business awhile, how do you know if your book keeping system is the right one for your business? It’s best to keep it as simple as possible for.

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Intuit to offer Account Management program for QuickBooks customers

Insightful Accountant

Intuit has selected customers who display complexity for this new program and you need to be aware of this offering because some of those customers may also be your clients.

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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.

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International Wire Transfer

Tipalti

Explore both online and offline reliable methods for making international wire transfers. These methods are ideal for businesses and individuals with consistent international payment needs.

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IRS backlog grows from tax adjustments

Accounting Today

While the Internal Revenue Service has managed to reduce its backlog of unprocessed tax returns since the pandemic, one area where it's losing ground is in processing all the documentation for tax adjustments.

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Jun 1, Chart of Accounts | Your Blueprint

Bookkeeping Essentials

Your chart of accounts is the blueprint of your accounting system around which everything is built. If your COA is poorly designed, the quality of your information is affected.

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What's New in QBO: Invoices via Text Message

Insightful Accountant

QuickBooks Payments recently added the ability for QuickBooks users to send their customers invoices via Text-message.

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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.

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AWS CloudFormation: 5 Tips to Optimize Your Cloud Setup

Economize

Introduction to AWS CloudFormation AWS CloudFormation stands out as a powerful tool designed to simplify the process of provisioning and managing a collection of AWS resources. This powerful service enables you to model and set up your entire cloud environment in a consistent manner, ensuring that your deployments are both reliable and scalable.

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Tech news: Marcum acquires CLA's Enhanced Managed Services division

Accounting Today

Plus, Vertex consolidates Accelerator and Chain Flow Accelerator into single solution; and other accounting tech news.

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Jun 5, Learn How To Use QuickBooks | Learning QuickBooks

Bookkeeping Essentials

Learning how to use QuickBooks to create & customize reports such as cheques issued, customer deposits, holdbacks will help you make sound business decisions.

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Guide To Tax Registration Procedures In The UAE For 2024

Outsourced Bookeeping

The issue of tax registration is often quite intricate and challenging to address, particularly in the context of the contemporary environment that is rapidly changing, such as the UAE. By 2024, there have been impressive advancements in the efficiency of the taxation system in the UAE where the companies are assisted to fully and effortlessly meet their legal obligations and consequently concentrate on their progress.

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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.