Accounting Department
AUGUST 31, 2023
In today's fast-paced business environment, optimizing spend management is essential for maintaining financial efficiency and driving profitability. Traditional manual processes can be time-consuming, error-prone, and resource-intensive. However, with the power of automation, businesses can streamline their spend management practices and unlock significant benefits.
Accounting Today
AUGUST 30, 2023
The Internal Revenue Service is telling companies they will need to start electronically filing their forms reporting cash payments over $10,000, starting Jan. 1, 2024.
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Fidesic blog
AUGUST 29, 2023
Summer went by in a flash and with the back-to-school season underway, things are only going to go faster. Before we know it, we’ll be seeing you in Charlotte for Community Summit North America (October 15-20).
Xero
AUGUST 30, 2023
The Xero Beautiful Business Fund has officially been open for one week and we’ve received an incredible response so far! We have four funding categories that Xero small business customers can apply to. Whether you’re looking to take the next step in your sustainability journey, seeking to innovate with the latest technological advancements, give back to your community or upskill yourself or your employees, there is a funding category for everyone.
Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting
Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical
Accounting Department
AUGUST 29, 2023
For any business to thrive, it is essential to have accurate and up-to-date information about its operations. Real-time data plays a crucial role in a business's success regardless of its industry or size. However, businesses that use outdated technology and traditional data management techniques, such as manually inputting data into spreadsheets or relying on quarterly reports, miss out on valuable insights regarding their business operations.
Accounting Today
AUGUST 30, 2023
The Internal Revenue Service issued guidance Wednesday on how taxpayers should report the special tax payments, refunds and rebates they received from states in recent years as a form of relief during the pandemic.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Xero
AUGUST 29, 2023
This guest blog post was written by the team at financial management app, Expensify. Finding the right balance between automation and compliance in any business process can be challenging. For example, when it comes to managing expenses, manual expense tracking and paper-based processes can lead to errors, delays, and inefficiencies. On the other hand, automating every aspect of expense reporting without proper checks and balances can potentially result in compliance issues too.
FinOps in Practice
AUGUST 28, 2023
The main parts of the scheme, which describes key MLOps processes, are horizontal blocks, inside of which the procedural aspects of MLOps are described (they are assigned letters A, B, C, D). Each of them is designed to solve specific tasks within the framework of ensuring the uninterrupted operation of the company’s ML services. To understand the scheme better, it would be good to start with Experimentation.
Accounting Today
AUGUST 30, 2023
The International Federation of Accountants issued a call to action to the G20 finance leaders urging them to focus more on sustainability as a way to achieve the United Nations' Sustainable Development Goals.
Intuit
AUGUST 30, 2023
Table of Contents Understanding the Average Cost of Tax Preparation for Small Businesses Small Business Tax Preparation Checklist for Accountants How to Prepare Taxes for Small Businesses Tax Preparation Software for Small Businesses Strategies for Attracting Small Business Clients to Your Tax Preparation Business Other Career Opportunities for Tax Accountants and CPA Work as a Virtual Tax Preparer With Intuit Apply for Business Tax Jobs at Intuit Experienced tax professionals understand that
Speaker: Amanda Adams, Fractional CFO, CPA
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.
Insightful Accountant
AUGUST 31, 2023
Murph wants to help you keep abreast of things happening around you—from news to vendor releases, conference tips and IRS updates. If he thinks you need to know, he's telling you.
Less Accounting
AUGUST 30, 2023
Let’s take a peek into the state of small business finances in 2023—What are their concerns? How are they acquiring financing? In the United States alone, small businesses make up 99.9% of all businesses. That’s 33.2 million small business owners making a global impact. Seeing the state of small business finances can help you understand the external factors affecting your business and how you can better prepare for the future. 1.
Accounting Today
AUGUST 30, 2023
Whitman Transition Advisors, an advisory organization for accounting firms, made a strategic investment of an undisclosed amount in Tax Titans, a veteran-owned company that operates an online marketplace connecting small businesses and qualified tax professionals.
Intuit
AUGUST 30, 2023
Table of Contents Why Bookkeeping and Tax Preparation are Great Jobs for Seniors Part-Time Jobs for Retirees in Tax Preparation and Bookkeeping Top Intuit Tax Preparation and Bookkeeping Jobs for Retirees Why Intuit Tax and Bookkeeping Expert roles are Great Jobs for Seniors Conclusion: Why Tax Preparation and Bookkeeping are Ideal Jobs for Older People Apply for Intuit Tax and Bookkeeping Jobs If you’re a senior or retiree who wants to supplement your income or try out a new career, Intuit may
Speaker: Abdi Ali, Sr. Lease Accounting Consultant
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
Future Firm
AUGUST 30, 2023
Many small accounting firm owners often obsess over automation to operate their business. In this episode, I discussed the key to reducing workload and enhancing firm success. Listen Below. 0:51 – While I was running my own accounting firm, I experienced the allure of technology and automation, and the tempting notion that the right tech solutions could solve all our issues. 1:21 – Numerous firm owners excessively focus on identifying the perfect tech stack, thinking it’s the k
AvidXchange
AUGUST 28, 2023
Labor Day is the unofficial end to summer for many. A last chance to enjoy the pool and regroup as children begin a new school year. For business finance staff, it’s a respite prior to the Q4 push. This year, in addition to relaxing with family and friends, we think Labor Day should be a time to reflect on how to make your job less “laborious.” And it just so happens our 2023 AP Career Satisfaction Survey results have some tips on how to do just that.
Accounting Today
AUGUST 31, 2023
Forvis reported annual revenue of $1,685,539,000 for the fiscal year ending May 31, 2023, a 13% increase a year after merging together two Top 20 Firms, BKD CPAs and Advisors and Dixon Hughes Goodman.
CloudZero
SEPTEMBER 1, 2023
Picture this. Gartner forecasts worldwide end-user spending for public cloud usage to ramp up to nearly $600 billion in 2023 — from $491 billion in 2022. Out of that spend, SaaS will make up a chunky $200 billion. For comparison, Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) will make up $150 billion and $139 billion, respectively.
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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.
Insightful Accountant
AUGUST 30, 2023
What makes an outstanding Partner Program besides the specific app or software?We're glad you asked.
Accounting Tools
AUGUST 31, 2023
Related Courses The Statement of Cash Flows Working Capital Management What is Cash Flow? Cash flow is the net amount of cash that an entity receives and disburses during a period of time. A positive level of cash flow must be maintained for an entity to remain in business, while positive cash flows are also needed to generate value for investors. In particular, investors want to see positive cash flows even after payments have been made for capital expenditures (which is known as free cash flow
Accounting Today
AUGUST 30, 2023
The Financial Accounting Standards Board released another chapter of its conceptual framework related to the recognition and derecognition of an item in financial statements.
CloudZero
AUGUST 30, 2023
The best pricing strategy for your SaaS business will depend on your specific business model, target market, and competition. You’ll also want to test different pricing strategies to see which one works best for you.
Speaker: David Warren and Kevin O’Neill Stoll
Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng
Insightful Accountant
AUGUST 27, 2023
Late last week, Intuit pushed out two fixes for the problem users had been having connecting their various third-party apps to QuickBooks Desktop.
Accounting Tools
AUGUST 27, 2023
What is a Credit? A credit is an accounting entry that either increases a liability or equity account, or decreases an asset or expense account. It is positioned to the right in an accounting entry. A credit is recorded on the right side of a T account. The term also refers to a delayed payment arrangement. For example, a customer is granted $10,000 of credit on 30 day terms, which means that the customer can make purchases of up to $10,000 without having to pay the seller until 30 days have pas
Accounting Today
AUGUST 30, 2023
The Financial Accounting Standards Board voted to require companies to tell the public more about the taxes they pay, starting as early as 2025.
Cloud Accounting Podcast
AUGUST 30, 2023
Blake and David discuss issues relating to the accounting profession's talent pipeline, including a high school student's negative experience in her first accounting class and efforts by state CPA societies to reduce licensing barriers. They move on to tech topics, like the slow adoption of AI tools such as ChatGPT among accountants and new product features announced by Intuit and Xero.
Speaker: Mark Stovel
When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.
Insightful Accountant
AUGUST 28, 2023
Murph clues you in to the advantages of possessing a QuickBooks Desktop Enterprise ProAdvisor Certification.
Accounting Tools
AUGUST 28, 2023
Related Courses Business Combinations and Consolidations CPA Firm Mergers and Acquisitions Divestitures and Spin-Offs Mergers & Acquisitions How to Value an Acquisition Target Acquisition valuation involves the use of multiple analyses to determine a range of possible prices to pay for an acquisition candidate. There are many ways to value a business, which can yield widely varying results, depending upon the basis of each valuation method.
Accounting Today
AUGUST 29, 2023
These are the first sanctions ever against a firm over independence violations because it's a member of an alliance where another firm did work for the same client.
Jetpack Workflow
SEPTEMBER 1, 2023
Podcast Summary David and Tejal have a vast conversation about all things business inception and building infractrues to IPOs and venture capital exits. Understanding the pace of trust in business and the importance of the emotional aspect of relationship building. Learning that good business really does speak for itself. Found in Today’s Conversation Congruent Advisory Services, LLC Tejal Shah CPA, MBA Double Your Accounting Firm Meet Tejal Shah Congruent Advisory Services, LLC be
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Setting the stage for successful organizational change always begins with clear, thoughtful communication. When it comes to rolling out a new travel and expense (T&E) policy, establishing a well-structured communication plan is key to ensuring that all employees understand the changes and their impact. By following a step-by-step approach, you can guide your organization through the transition, fostering smooth adoption from the outset and improving compliance.
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