Accounting Department
JULY 2, 2024
Running a small to medium-sized business (SMB) is no small feat. Between juggling sales, operations, customer service, and marketing, it’s easy to see why accounting often falls to the bottom of the priority list.
Accounting Today
JULY 3, 2024
Where does sales tax drive the most local revenue?
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FinOps Foundation
JULY 3, 2024
Key Insight: The FinOps X 2024 Day 1 Keynotes covered the Evolution of FinOps to include more technology spending beyond public cloud, FinOps for AI, cost-aware product decisions, carbon-aware FinOps. Stories from Disney and Uber spoke to the the constantly changing FinOps landscape, the FOCUS 1.0 GA launch landed and an executive panel of VPs from AWS, Microsoft and Google spoke together.
Insightful Accountant
JULY 2, 2024
Intuit is offering QuickBooks Bill Pay Elite to ProAdvisors and QBO-Accountant firms at no cost. We always want you to know when Intuit is offering a perk.
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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 Department
JULY 4, 2024
Growing a business can be an exhilarating experience, but it comes with its fair share of challenges. One crucial area that requires meticulous attention is accounting. Proper accounting practices are the backbone of financial stability and growth, yet many small to medium-sized businesses (SMBs) often overlook them.
Accounting Today
JULY 5, 2024
Whether there will be a next generation of accountants is, in many ways, up to all of us.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Accounting Tools
JULY 5, 2024
What are Financial Statements? Financial statements are a collection of summary-level reports about an organization's financial results, financial position , and cash flows. They include the income statement, balance sheet, and statement of cash flows. Advantages of Financial Statements Financial statements are useful for the following reasons: To determine the ability of a business to generate cash, and the sources and uses of that cash.
Economize
JULY 5, 2024
Introduction Building large-scale applications requires a solid data management strategy and a database that can handle large amounts of data with consistent, low-latency performance. High-traffic applications like e-commerce platforms, gaming backends, and social media networks need a database solution that can efficiently manage millions of requests per second without sacrificing speed or reliability.
Accounting Today
JULY 5, 2024
Huselton, Morgan and Maultsby's Student Leadership Program aims to steer more students into accounting — and prepare them for other decisions down the line.
Jetpack Workflow
JULY 4, 2024
Podcast Summary In this episode of the Growing Your Firm Podcast, host David Cristello welcomes back Katie Lilly of Lillyfield Accounting Solutions. Katie discusses the transformative changes her firm has undergone since her last appearance on the show, pre-COVID. She shares insights on her firm’s transition from serving primarily local clients to expanding regionally and nationally, and how they navigated the shift to remote work with ease, having been originally designed as a remote fir
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.
Accounting Tools
JULY 1, 2024
The write down of inventory involves charging a portion of the inventory asset to expense in the current period. Inventory is written down when goods are lost or stolen, or their value has declined. This should be done at once, so that the financial statements immediately reflect the reduced value of the inventory. Otherwise, the inventory asset will be too high, and so is misleading to the readers of a company's financial statements.
Insightful Accountant
JULY 2, 2024
National Taxpayer Advocate's report exposes IRS service metric flaws. LOS metric, based on answered calls, lacks full taxpayer interaction data. 88% LOS for 2024 is misleading, covering only 35% of phone lines without ensuring issue resolution.
Accounting Today
JULY 2, 2024
The end of Chevron deference, shifting IRS policies, and other major changes to the tax landscape.
Jetpack Workflow
JULY 2, 2024
If you’re part of the 80% of global accounting firms planning to add or expand their advisory services soon, you may be weighing which specific services you want to include and how to price them appropriately. Expanding into a new service department like client advisory services (CAS) can be a win-win scenario for you and your clients. It can offer your firm stable, recurring revenue outside tax season.
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.
Economize
JULY 2, 2024
For many AWS users, choosing between Amazon EKS vs ECS is a common challenge. With the increasing popularity of containerized applications, having an efficient container orchestration platform is indispensable. Both EKS and ECS deliver powerful solutions for deploying, managing, and scaling containers, though they feature different capabilities and use cases.
Insightful Accountant
JULY 1, 2024
IRS audit strategies have shifted towards auditing a broader range of high earners, impacting tax practitioners and their clients. Treasury Inspector General for Tax Administration report highlights this change.
Accounting Today
JULY 3, 2024
The job market continued to grow last month, but wage growth slowed, ADP reported.
Less Accounting
JULY 1, 2024
Effective expense management is essential for the financial health and sustainability of any business, regardless of its size. As a small business owner, understanding and managing your expenses efficiently is paramount to achieving profitability and long-term success. In this comprehensive guide, we’ll explore the fundamentals of business expenses and provide practical tips for effective expense management from a bookkeeper’s perspective.
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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.
Ace Cloud Hosting
JUNE 30, 2024
From small businesses to large enterprises, Sage offers a range of software to assist with different operations such as accounting, payment & banking, and supply chain management. Its desktop-based application.
Insightful Accountant
JULY 1, 2024
AI is reshaping accounting by automating tasks and improving decision-making. Accountants must differentiate between genuine AI and marketing hype to invest wisely in tools that deliver real benefits.
Accounting Today
JULY 2, 2024
The Internal Revenue Service issued a warning to tax professionals to be on guard against the identity thieves who are targeting them and their clients.
Billing Platform
JULY 5, 2024
Voided transactions occur across virtually all industries. However, void transactions and refunds at software-as-a-service and other subscription-based organizations are slightly different. Although frequently used, the two terms – void transactions and refunds – are sometimes misinterpreted. Additionally, there are subsequent questions that are typically asked, like: When should a payment be voided ?
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.
accountingfly
JULY 5, 2024
Top Remote Accounting Candidates This Week Looking for remote accountants? Accountingfly can help! With our ‘ Always-On Recruiting ‘ program, you can access highly skilled and experienced remote accounting candidates with no upfront cost. These are just a few of our top candidates this week. Sign up now to receive the full list of top accounting candidates available weekly!
Future Firm
JULY 5, 2024
Discover how to get more bookkeeping clients fast with our comprehensive guide. Learn effective tips to quickly find and grow your business. The post How To Get Bookkeeping Clients Quickly: 19 Tips To Use In 2024 appeared first on Future Firm.
Accounting Today
JULY 4, 2024
Going pro; uneasy easements; for he has sinned; and other highlights of recent tax cases.
CSI Accounting & Payroll
JULY 4, 2024
401(k) or IRA money may be used in a tax-advantaged way to buy a business, but there's a lot of risk. Is a Rollover for Business Startups (ROBS) account right for you? Let's discuss how ROBS work, their rules, & other financing.
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.
Insightful Accountant
JULY 4, 2024
In this second part of his mini-series, Murph gives our International ProAdvisors a glimpse into the new 2025 formal application.
Future Firm
JULY 4, 2024
ChatGPT has taken the digital world by storm. Discover how this revolutionary AI chatbot can enhance accuracy and efficiency in your firm. The post ChatGPT Accounting: 13 Ways Accountants Can Use ChatGPT Now appeared first on Future Firm.
Accounting Today
JULY 3, 2024
Louie Vazquez says he has all the characteristics of a bad employee and a good business owner.
finout
JULY 3, 2024
Azure cloud expenses can quickly add up if not managed properly, and Azure’s wide array of services can make cost management feel overwhelming. This blog focuses on essential Azure cost optimization tools and practices that can help you stay on top of your spending. We’ll walk you through tools like Azure Cost Management and Billing, Azure Advisor, and Spot Virtual Machines, offering practical tips to optimize your budget and enhance your cloud efficiency.
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.
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