Sat.Oct 28, 2023 - Fri.Nov 03, 2023

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Revenue vs. Profit: Understanding the Difference and the KPIs that Matter

Accounting Department

Business owners strive to maximize their company’s profits. After all, profits are the primary metric of a successful business. However, not everyone understands the difference between revenue and profit, and why it matters for their business.

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CFOs should embrace digital transformation or risk irrelevance

Accounting Today

In an ever-shifting global landscape full of economic uncertainties, the traditional role of chief financial officers is undergoing a seismic evolution.

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Global Engineering Days 2023 – a week on the road to beautiful code

Intuit

GED is a weeklong code-a-thon that brings together Intuit technologists from all over the world to innovate and collaborate on projects they’re passionate about. This fall’s GED had a number of “firsts”: #1: Intuit’s Chief Technology Officer, Alex Balazs kicked off the week in Bangalore, India. Over 1,000 technologists from our India office came together in person to watch the GED kickoff, hosted by Alex.

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Xero Awards UK: Introducing our 2024 judges

Xero

We’re excited to announce our official judging panel for the Xero Awards UK 2024. This year’s panel is made up of Xero leadership, as well as guest judges from the Xero community, including previous Xero Award-winners and industry leaders. They’re taking on the difficult task of selecting our winners for the 12 accountant, bookkeeper and app partner award categories.

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Breaking Ground on Better Payment Processes: Strategies for Construction Pros

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

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The Ins and Outs of DCAA Accounting for Government Contractors

Accounting Department

When it comes to compliance with government regulations, navigating the intricacies and nuances of DCAA accounting is essential for any government contractor. DCAA stands for Defense Contract Audit Agency, a branch of the Department of Defense that is tasked with auditing and evaluating proposal and contract costs for the government.

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What the tax gap tells us

Accounting Today

The IRS's most recent study of how much taxpayers aren't paying suggests some important priorities going forward.

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Accounting Firm Marketing In The Era of Generative AI

Earmark Accounting Podcast

David Toth of Winding River Consulting joins Blake to examine how digital marketing and AI are disrupting accounting firm marketing. They also look at how innovative firms use marketing automation, CRMs, and content marketing to generate leads and close deals from their websites. Sponsor Check out our Sponsor LiveFlow — Advanced Financial Reporting on Autopilot Chapters (00:51) - Earn Free CPE credit (01:32) - David Toth joins the show to talk about marketing for accounting firms (04:53) - How m

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Supporting Military Spouses One Career at a Time | Beyond the Books Podcast by AccountingDepartment.com

Accounting Department

We are thrilled to announce that Episode 5 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.

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20 states that burden taxpayers the most

Accounting Today

The worst five states have an average total tax burden of 11.21%.

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Thomson Reuters Unveils Generative AI Strategy Designed to Transform the Future of Professionals

Insightful Accountant

Thomson Reuters, a global content and technology company, today announced updates on its multi-year global investment strategy in generative artificial intelligence. These include integrating generative AI skills through product, Westlaw Precision.

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The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

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4 Very Common Bookkeeping Mistakes and How LedgerDocs Can Save the Day

LedgerDocs

Bookkeeping is not for the faint of heart. There seem to be so many ways to mess up your financial records without knowing it. But don’t worry, a lot of these mistakes are common, and, most importantly, they are correctable if they are caught early enough. In this blog post, we will explore four common bookkeeping mistakes and, more importantly, how LedgerDocs can be your savior, helping you to avoid or fix these pitfalls.

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The advantages of electronic invoicing for accounts payable

Cevinio

The advantages of electronic invoicing for accounts payable Governments around the world continue to encourage digitization and push companies towards adopting financial technologies such as electronic invoicing, or e-invoicing. A rapidly maturing area of fintech, e-invoicing is replacing paper-based methods as more organizations realize that not only is it far more efficient, but it also brings a wide variety of advantages for businesses that adopt it, and their trade partners.

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IRS increases 401(k) and IRA limits

Accounting Today

The service issued its annual adjustments for retirement plans, with some reflecting changes in the SECURE 2.0 Act.

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December 2023 QB Desktop Payroll Price Increase

Insightful Accountant

While many changes won't take effect until the next renewal date(s), price changes are coming to QuickBooks Desktop Payroll and Payments this December.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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4 Very Common Bookkeeping Mistakes and How LedgerDocs Can Save the Da

LedgerDocs

Bookkeeping is not for the faint of heart. There seem to be so many ways to mess up your financial records without knowing it. But don’t worry, a lot of these mistakes are common, and, most importantly, they are correctable if they are caught early enough. In this blog post, we will explore four common bookkeeping mistakes and, more importantly, how LedgerDocs can be your savior, helping you to avoid or fix these pitfalls.

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The Next Era of Healthcare Revenue Cycle Management: Why Experience and Expertise Matter More Than Ever

SSI Healthcare Rev Cycle Solutions

The Next Era of Healthcare Revenue Cycle Mananagement: Why Experience and Expertise Matter More Than Ever Home / October 30, 2023 In an industry characterized by tightening margins, workforce reduction, and the omnipresent rise in medical claim denials, hospitals and health systems find themselves grappling with an age-old question: How do you do more with less?

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IRS extends e-signature and encrypted email options

Accounting Today

The Internal Revenue Service is extending two of its pandemic-related options for taxpayers and tax professionals.

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New QBO Accountant COA Template feature

Insightful Accountant

QuickBooks Online Accountant users now can standardize their clients' Chart-of-Accounts easier with a new COA Template feature. Consider this your Halloween treat.

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

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

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How to Effectively Audit Accounts Payable

MineralTree

Accounts payable is a foundational function that ensures organizations maintain accurate invoices, payments, and vendor relationships, while making bill payments on time. However, amidst today’s rapid and intricate business transactions, particularly in high volumes, managing accounts payable processes can pose significant challenges. Without proper oversight and regular checks, accounts payable can turn into a source of financial complexity and risk.

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Step costs definition

Accounting Tools

Related Courses Cost Accounting Fundamentals What are Step Costs? A step cost is a cost that does not change steadily with changes in activity volume, but rather at discrete points. The concept is used when making investment decisions and deciding whether to accept additional customer orders. A step cost is a fixed cost within certain boundaries, outside of which it will change.

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NASBA CEO Ken Bishop plans to retire

Accounting Today

The longtime leader of the National Association of State Boards of Accountancy plans to retire at the end of July.

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Client Hub Revolutionizes Email Management for Firms with AI-Enabled Email Integration

Insightful Accountant

Client Hub, a leader in modern workflow platforms for accounting and bookkeeping firms, is proud to announce the launch of its groundbreaking AI-enabled email integration.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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.

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Key Advantages of Autonomous Finance in A/R Collections

Gaviti

The role of the CFO is changing as the financial industry undergoes a rapid transformation. By 2025, Gartner predicts that more than 80% of new job opportunities in finance will be in roles other than traditional accounting and financial planning and analysis (FP&A). With the assistance of autonomous technology, companies that want to be prepared for the future are welcoming this as a new opportunity for their financial departments to promote greater efficiency and an enhanced customer exper

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Deferred tax asset valuation allowance definition

Accounting Tools

Related Courses Accounting for Income Taxes Small Business Tax Guide What is a Deferred Tax Asset Valuation Allowance? A deferred tax asset is a tax reduction whose recognition is delayed due to deductible temporary differences and carryforwards. This can result in a change in taxes payable or refundable in future periods. A business should create a valuation allowance for a deferred tax asset if there is a more than 50% probability that the company will not realize some portion of the asset.

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IRS criminal investigators team up with other countries to tackle cybercrime

Accounting Today

Officials from the IRS's Criminal Investigation division met with tax officials from four other countries to uncover tax evasion and money laundering schemes through data mining.

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BatchMaster for QuickBooks – Part 2

Insightful Accountant

It's 'Warehouse Wednesday' and we are returning this week to our series on BatchMaster, the application specifically designed for formula/batch processing that integrates with QuickBooks.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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9 Bookkeeping Basics Every Bookkeeper Needs

Bookkeepers.com

Start your bookkeeping career the right way with these nine bookkeeping basics for beginners! Bookkeeping Basics 101: 9 Bookkeeping Basics for Beginners 1. Assets Assets are the things the business owns. Tangible and intangible assets are part of the Balance Sheet. Intangible assets include royalty and goodwill, while tangible assets include the following: Cash Account … 9 Bookkeeping Basics Every Bookkeeper Needs Read More » The post 9 Bookkeeping Basics Every Bookkeeper Needs appear

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Substance over form definition

Accounting Tools

Related Courses Accountants' Guidebook Bookkeeper Education Bundle Bookkeeping Guidebook What is Substance Over Form? Substance over form is the concept that the financial statements and accompanying disclosures of a business should reflect the underlying realities of accounting transactions. Conversely, the information appearing in the financial statements should not merely comply with the legal form in which they appear.

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CLA makes plans for expansion abroad amid AI push

Accounting Today

CliftonLarsonAllen has been building its international network since starting it last year in the U.K. and Ireland, with further expansion plans to other parts of the world as it begins to roll out artificial intelligence technology that it's calling CLA GPT.

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Imagineering Field Service Management for NetSuite

Insightful Accountant

I put my mind to work while I was at SuiteWorld to think about new ways to 'imagineer' the uses for the new NetSuite Field Service Management feature.

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Back to Basics with Reconciliations

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.