Sat.Jul 20, 2024 - Fri.Jul 26, 2024

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4 Financial KPIs Every Growing Business Should Monitor

Accounting Department

In today's competitive business landscape, staying ahead of the competition requires more than just a great product or service. Entrepreneurs, small business owners, and financial analysts must focus on tracking key financial metrics to ensure their company's growth and financial health.

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IRS not fully complying with TikTok ban

Accounting Today

The Internal Revenue Service isn't in full compliance with the federal government's guidance for removal of TikTok from devices, according to a new report, but mainly because it hasn't been inserting the requirement in all its contract actions.

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Fine Art Galleries in Inglewood   

Intuit

Art galleries in Inglewood, California, and the surrounding areas While Inglewood doesn’t have the name recognition of its larger neighbor, Los Angeles, it does offer a variety of exciting experiences for travelers. From its diverse culinary scene to world-class shopping and entertainment, there’s a little something for everyone in this city of more than 100,000.

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Five tips to make the most of app exhibitors at Xerocon Nashville

Xero

It feels like the magical two days that were Xerocon London just happened, and we’re already preparing to hit the road again for Xerocon Nashville this August! It’s the perfect time to not only meet some of the apps being exhibited at this year’s Xerocon, but hear real-life stories on how connecting apps with Xero can streamline your work and expand your possibilities.

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The Financial Leader's Playbook: How To Deliver Insight, Oversight, And Foresight

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

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How Do FinOps Teams Continue to Add Value in an Optimized Environment?

FinOps Foundation

Key Insight: FinOps at enterprise scale requires ongoing discipline, improvement, and maintenance; even if you think you have it all right, new challenges await as your cloud footprint and utilization increases. Accenture helps clients add FinOps Capabilities sequentially – for example, “you might start with tooling and visibility and then move to forecasting” – and simultaneously establishes a regular cadence for governance meetings with both the teams consuming cloud and with senior leadership

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Broker-dealer audits continue to have high deficiency rates

Accounting Today

The PCAOB issued its annual report on its audits of brokers and dealers and noted that it's seeing at least one deficiency in 70% of the 103 audit engagements it reviewed in 2023.

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How the Xero Beautiful Business Fund helped a sustainable farmers’ market start to sow new communities across South Africa

Xero

“After my partner and I were attacked in our home, we had a lot of questions about how to help improve the safety of our neighbourhood and a create a sense of community where neighbours don’t hide behind high walls,” said Sheryl Ozinsky, co-founder of Oranjezicht City Farm (OZCF), a non-profit project celebrating local food, culture and community in Cape Town, South Africa.

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 Effective tools for teaching financial literacy

Intuit

The importance of teaching financial literacy to students According to Intuit’s Financial Education survey , 81% of high school students get their financial knowledge from their parents or guardians. But approximately only 57% of adults in the U.S. are financially literate. This represents a financial knowledge gap for adolescents and how well they’re positioned to enter young adulthood with good financial habits.

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Beryl victims in Texas get tax relief

Accounting Today

Individuals and businesses in the affected counties now have until next Feb. 3 to file various federal individual and business tax returns and make tax payments.

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Automate Purchasing & Invoice Matching Seamlessly into MIP

Compleatable

Watch: Automate Purchasing & Invoice Matching Seamlessly into MIP Fill in the form to access the video recording of our Compleat for Non-Profits webinar looking specifically at our API integration with MIP Fund Accounting. Name Work Email Address Job Title Watch the video Automate Purchasing & Invoice Matching Seamlessly into MIP The post Automate Purchasing & Invoice Matching Seamlessly into MIP first appeared on Compleat Software.

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How to Select the Perfect Payments Partner: 7 Keys for Sustainable Growth

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

Join Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms for an informational webinar about how to select the ideal payments provider for your platform! This session highlights the 7 key criteria for assessing payments partners and maximizing the value of your investment. From evaluating technology and business development programs to understanding support and compliance, this webinar will equip you with a comprehensive evaluation framework and strategy for

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Three simple ways to transform money management

Xero

This guest blog was written by the team at GoCardless. Running a small business can mean moving between being a general manager to a customer services contact, marketing lead and, in some cases, debt collector. Without the proper processes in place, managing payments can take up too much time and even result in bigger problems. In fact, the Office of National Statistics shared that poor cash flow is responsible for up to 90% of new businesses failing.

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How to prepare Accounts Payable to adapt to e-invoice mandates

Cevinio

From understanding regulations to choosing the right software and automating processes, this guide covers everything businesses need to adapt and […]

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NASBA president elect appoints key leadership

Accounting Today

Daniel Dustin has named Kent Absec, Brenner Allen, William Emmer and Sedrik Newbern to key leadership roles at the National Association of State Boards of Accountancy, effective Aug. 1.

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Comparative financial statements definition

Accounting Tools

What are Comparative Financial Statements? Comparative financial statements are the complete set of financial statements that an entity issues, revealing information for more than one reporting period. The financial statements that may be included in this package are as follows: The income statement (showing results for multiple periods) The balance sheet (showing the financial position of the entity as of more than one balance sheet date) The statement of cash flows (showing the cash flows for

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2024 Annual Trends Survey: Expense Management Insights

Uncover the latest trends in expense management for small and medium-sized businesses. Our 5th Annual Trends Survey reveals that corporate card use is skyrocketing, but expense software isn't keeping up. This mismatch is creating real challenges for finance teams, who now take an average of 14 days to close their books. Travel policies are shifting to accommodate hybrid work, but many companies are struggling with off-tool bookings.

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Top 7 Invoice Processing Best Practices for Your Business

Gaviti

Running a business is hard enough. Don’t let invoicing and processing slow you down. Creating efficient invoice processing procedures ensures you make the most of your time and money. So, where do you start? Understanding the top invoice processing best practices and the importance of automation will create a solid foundation for your business. What Is an Invoice Processing Cycle?

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Simplifying Retirement Solutions: How Guideline Pro Empowers Financial Professionals

Insightful Accountant

Retirement savings plans, particularly a 401(k), are a major consideration for many workers. Financial professionals can play a key role in helping businesses establish these plans, but the process can often be complex and time-consuming.

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FASB proposes changes in scope of derivatives and shared-based payment rules

Accounting Today

The Financial Accounting Standards Board issued a proposed accounting standards update to request public comments on possible changes to two of its standards.

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How to account for self-constructed assets

Accounting Tools

What is a Self-Constructed Asset? A self-constructed asset is one that a business elects to build under its own management. A common example of a self-constructed asset is when a company chooses to build an entire facility. Or, the management team might elect to design its own production equipment, usually because its products are so unique that there are no standardized machines on the market that can manufacture them.

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Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

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QuickBooks Cloud Hosting: 9 Benefits for CPAs and SMBs

Ace Cloud Hosting

Embracing technology is no longer optional but necessary for staying competitive and efficient in today’s digital age. For Certified Public Accountants (CPAs) and Small to Medium-sized Businesses (SMBs), QuickBooks Cloud.

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2025 U.S. ProAdvisor Minimum Qualifications

Insightful Accountant

We made a slight change in the minimum qualifications for the 2025 ProAdvisor Awards, but it could significantly impact qualified applicants.

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Some countries see encouraging signs in accounting pipeline

Accounting Today

The accountant shortage remains an acute challenge in the U.S. and other parts of the globe, but some countries may be experiencing a comeback.

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How to write off a fixed asset

Accounting Tools

A fixed asset is written off when it is determined that there is no further use for the asset, or if the asset is sold off or otherwise disposed of. A write off involves removing all traces of the fixed asset from the balance sheet , so that the related fixed asset account and accumulated depreciation account are reduced. There are two scenarios under which a fixed asset may be written off.

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Unlock The Power Of The CFO Toolkit

Speaker: Duke Heninger

With the rise of fractional finance roles, many CFOs, FP&A professionals, controllers, and accountants are stepping into independent consulting. The expansion of fractional services presents new opportunities for finance professionals, but many face challenges in navigating this transition, finding it daunting. Whether you’re new to fractional work or refining your approach, this webinar will equip you with a repeatable system for success.

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Top 7 Cost-Saving Tips for AWS EBS Snapshots

Economize

What is an AWS EBS Snapshot? Snapshots play an important role in AWS data management, providing a secure, reliable, and cost-effective way to back up and restore data from Amazon EBS volumes. An EBS snapshot is a point-in-time copy of your EBS volume.

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IRS Continues To Expand Taxpayer Services and Online Tools

Insightful Accountant

Quarterly update highlights expansion on individual, business online accounts; Document Upload Tool hits 1 million submissions and more amended returns can be filed electronically.

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5 warning sides of a bad ERC claim

Accounting Today

Double-dipping on wage claims and saying masks disrupted operations are just two new hallmarks of bad Employee Retention Credit claims.

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Market value ratios

Accounting Tools

What are Market Value Ratios? Market value ratios are used to evaluate the current share price of a publicly-held company's stock. These ratios are employed by current and potential investors to determine whether a company's shares are over-priced or under-priced. The most common market value ratios are noted below. Book Value Per Share The book value per share is calculated as the aggregate amount of stockholders' equity , divided by the number of shares outstanding.

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3 Steps to Successful & Strategic Year-End HR Planning

Year-end can be a hectic time for HR professionals, but with proper planning and organization, you can navigate it smoothly. Learn the main watch outs for year-end HR prep with Paycor’s helpful checklist covering employee data, wage and tax information, and special situations. Ensure compliance and efficiency by downloading today!

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5 Common Document Management Mistakes Bookkeepers Should Avoid

LedgerDocs

Creating a system for document management is a great way to improve the accuracy and efficiency of your bookkeeping process, but there are a few common mistakes that can be made when setting up your system that can prevent you from experiencing the positive improvements. 1. Not Standardizing Document Naming Conventions The first and most common pitfall is using inconsistent naming conventions.

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Requisition Process

Tipalti

Whether you’re part of a purchasing team, a procurement department, or an employee making a purchase, odds are you’re following some kind of outlined requisition process. There’s no one correct way to initiate a requisition process, but having a working process in place is essential to making smooth, and smart, purchases in most companies.

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How modern CPA firms are leaving the old partnership model behind

Accounting Today

The CPA industry is undergoing profound change, reshaping the landscape of professional services.

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How to ensure a proper inventory cutoff

Accounting Tools

What is an Inventory Cutoff? An inventory cutoff is a procedure that is designed to ensure that all inventory transactions associated with a reporting period are actually recorded within that period. Without careful attention to this procedure, it is quite likely that some transactions will be recorded in the wrong period, resulting in an incorrect cost of goods sold figure for the targeted reporting period.

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Auditpalooza: Rocking the Month-End Close Audit

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

A good, fast, clean audit leads to a happy work life. Join us in this one-hour webinar, where we share the best ways to prepare and conduct your audit process to maximize audit satisfaction and minimize administrative time in month-end close and financial reporting. Learning objectives: This course objective is to review leading practices to maximize audit success.