IRS audit rates declined further in 2022
Accounting Today
JANUARY 4, 2023
Accounting Department
JANUARY 4, 2023
Most business owners and managers are busy to the point that they overlook the signs that indicate it is time to outsource bookkeeping and/or accounting projects to outside specialists. Instead of attempting to do everything in-house, trust the bookkeeping services professionals to complete numbers-related projects on your behalf.
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Ascend Software blog
DECEMBER 31, 2022
Explore your AP team’s day-to-day to maximize their potential and your enterprise overall According to a survey by Oracle , “strategic CFOs have stated that investing in new financial management technology is one of the most important goals for financial success.
SAP Accounts Payable
JANUARY 6, 2023
As we take the time to get back into the swing of things and dig ourselves out of backlogged emails, we reflect on what we were able to accomplish last year while looking forward to our goals for 2023. Did you close that big deal you were hoping for in Q4? Or were you able to hit those last-minute cost savings objectives? Is part of your 2023 goals to improve your internal collaboration across silos?
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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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.
Accounting Department
JANUARY 5, 2023
With 2022 behind us, it's time to start focusing on closing the books for the year and putting 2023's goals in the sights of business owners. Closing the books is a critical business process for many reasons. Doing so leads to the data needed for the creation of financial statements that can guide strategy and decision-making for business owners.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
SAP Accounts Payable
DECEMBER 31, 2022
It’s time to present the next Remote Function Adapters (RFA) delivered by SAP Profitability and Performance Management (PaPM), namely the RFA Finance Accounts Payable (RFA FI-AP) and RFA Finance Accounts Receivable (RFA FI-AR). These RFAs, along with other functions provided by PaPM, such as allocations, calculations, joins, can facilitate various business processes of calculating values and immediately booking them as for instance Accounts Payable and Receivable.
SMB Accounting and Consulting
JANUARY 4, 2023
New rules are going into effect for lease accounting which may change how small businesses who follow Generally Accepted Accounting Principles (GAAP) think about and reporting leases. Under the old rules, financial reporting requirements were determined based on whether a contract was considered a capital or operating lease. Capital leases were leases of equipment or large assets.
Insightful Accountant
JANUARY 5, 2023
Canopy's Tax Resolution Subject Matter Expert Jason Penninger provides his thoughts on what the accounting profession might expect to see in 2023.
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
CloudZero
JANUARY 6, 2023
It's hard to predict the precise amount of resources a new Kubernetes workload requires for optimal performance. And, as your workload evolves, that initial resource consumption will also change. Fortunately, Kubernetes supports scalability by default.
Accounting Today
JANUARY 3, 2023
Enterprise Recovery: Accounts Receivable
JANUARY 6, 2023
The Wall Street Journal is reporting that the number of accountants and university students that are studying accounting is falling. The long hours, especially during tax season, are turning off young recruits. Enterprise corporations are offering college credits and higher pay to entice more people into the field. Let's evaluate what accountants do at your business and what to do when your accounting team is dwindling.
MineralTree
JANUARY 5, 2023
The Current State of Finance. There’s no debating that the COVID-19 pandemic has shifted how companies operate. Faced with staff cuts, the Great Resignation, and supply chain issues, executive teams must now carefully strategize how to propel their companies in the right direction. So where are they setting their focus in the new year? According to data from Gartner , the top three most difficult tasks for CFOs to manage in 2023 include: hiring and retaining staff (54%); forecasting (36%); and c
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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.
CloudZero
JANUARY 2, 2023
There are almost as many reasons for learning FinOps practices as there are resources available to learn from.
NextProcess
JANUARY 6, 2023
All companies need methods for handling reimbursement of employee expenses. For small companies, this is typically a simple system. Employees save their receipts, and the business issues a payment. As a company grows, though, managing expenses becomes more complicated. For organizations with hundreds or thousands of employees, it’s nearly impossible to process all the expense reports using a manual, paper-based system.
Earmark Accounting Podcast
JANUARY 5, 2023
Thanks to our sponsor, Accountests for making this episode possible! To learn more about Accountests, visit: [link] Sign up to get free CPE for listening to this podcast [link] Download the Earmark CPE App Apple: [link] Android: [link] Connect with Our Guest, Sandra York LinkedIn: [link] Follow Sandi on Instagram: [link] Learn more about Fit Money Coach Website: [link] Connect with Blake Oliver, CPA LinkedIn: [link] Twitter: [link] Sandra York, CPA, burned out as a senior manager at a Top 100
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?
CloudZero
JANUARY 4, 2023
Amazon SageMaker makes it easy to prepare data for machine learning (ML) and then train, deploy, and modify ML models. SageMaker is a fully managed service that automates much of the ML lifecycle. So, if you want a single partner to help you through all stages of your Artificial Intelligence (AI) lifecycle, SageMaker might be the answer.
SLC Bookkeeping
JANUARY 5, 2023
With the past two years of Covid behind us, we would all hope to start seeing great margins come back. However, even in a post-Covid time, there are still a lot of things that are jeopardizing those margins. Things like higher food costs, supply problems, and consumer behaviors have changed. Restaurant owners now see trends of even tighter margins in the industry.
Future Firm
JANUARY 5, 2023
You may be starting an accounting firm and unsure how to build it without burning yourself out, or you may have a 6- or 7-figure firm where you’re working too much. I’ll share a 7-step path you can follow to significantly minimize your workload. Listen Below. 1:17 – The goal of each step will be to better systematize your business and/or significantly shield your time from areas that you should not be involved in. 2:00 – Step 1 in the pathway to reduce your workload is to
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.
Blake Oliver
JANUARY 4, 2023
Me: "Why can't accountants work 40-hour weeks?" Grizzled Director/Partner: "Because accounting is deadline-driven. Unless you change the deadlines, you can't change the busy season." That's the number one argument I hear against the 40-hour week for accountants. Maybe that was true in the past, but it isn't true today. There's tech your firm can buy TODAY that will cut your workload by 20% or more.
Bookkeeping Essentials
JANUARY 4, 2023
IRS news and other information that would be of interest to U.S. business owners who do their own bookkeeping or work from home bookkeepers. News on 2023 COLA & FICA.
Counto
JANUARY 3, 2023
How to Choose the Right Accounting Software for Your Needs Starting and running a small business can be daunting. Accounting software, in conjunction with key accounting practices , can help you manage financial data and ensure that your company runs smoothly and efficiently. There is many accounting software for small businesses in Singapore. However, knowing which to choose can be challenging.
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.
Blake Oliver
JANUARY 3, 2023
Audit is "completely irrelevant" and "useless." That’s according to accounting thought leader, Ron Baker. As you can tell from the clip above, Ron's not too impressed with the audit these days. Ron Baker joined me and David Leary on the Cloud Accounting Podcast to talk about crypto and the role of auditors in protecting investors and the public. Ron's got a point— The latest Public Company Accounting Oversight Board (PCAOB) inspection of 2021 audits found that 55% of audits are defective — and O
Bookkeeping Essentials
JANUARY 4, 2023
What will your New Year's resolution be?
Counto
JANUARY 3, 2023
How to Choose the Right Accounting Software for Your Needs Starting and running a small business can be daunting. Accounting software, in conjunction with key accounting practices , can help you manage financial data and ensure that your company runs smoothly and efficiently. There is many accounting software for small businesses in Singapore. However, knowing which to choose can be challenging.
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Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.
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