Sat.Oct 07, 2023 - Fri.Oct 13, 2023

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Auditors more worried about cybersecurity than AI risks

Accounting Today

A majority of chief audit executives and information technology audit leaders consider cybersecurity to be a top risk over the next year, but they're less concerned about artificial intelligence.

Auditing 336
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It's Fantasy Sports Season at ADC! | Beyond the Books Podcast by AccountingDepartment.com

Accounting Department

In this episode, join Kevin, Alicia, and Sarah as they discuss the setup and execution of various fantasy sports leagues throughout the year.

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The single client record is coming: here’s what your practice needs to know

Xero

*Please note that while the process remains the same, all references to Xero Tax are applicable to Australia and New Zealand only. One of the most important ways we’re helping you save time and grow your practice is by moving towards a future where Xero Practice Manager (XPM), Xero HQ and Xero Tax will be seamlessly connected. This will streamline your workflows and give you confidence that your data is accurate and your teams are all working from the same information – no matter what practice

XERO 258
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3 Realities to Make your C-Suite Care about AP Automation

Fidesic blog

Whether you’re talking about your COO, CFO, CIO or the entire executive suite, these folks are probably juggling a lot of moving parts. If they are hesitant to invest or even spend time discussing AP automation, it’s probably because they are dedicating their busy calendar time to what they see as more important and more exciting.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

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.

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Number of accounting grads plummets further

Accounting Today

The number of students earning accounting degrees keeps falling, according to the latest figures released by the American Institute of CPAs.

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The BILL Spend & Expense Approach to Making Expense Management Easy

Accounting Department

When running a business, keeping track of expenses can be a daunting task. From petty cash expenses to vendor payments, you need to ensure every penny spent is accounted for. That's where expense reports come in.

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Could a simple licensing change increase the number of CPAs by 15%?

Blake Oliver

A University of Denver professors suggests replacing the 150-hour rule with a four-year degree and two years of work experience.

CPA 129
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Accounting groups look to identify pipeline problems

Accounting Today

State and local organizations hope to learn what's behind the decline in young people pursuing the CPA.

CPA 336
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The Importance of Regular Inventory Checks for Your Business

Accounting Department

Inventory management is crucial for any business, regardless of its size or industry. But, as a business owner, you may wonder how often you should perform a thorough inventory check.

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Planning for the road ahead: Key insights from the NZ ‘State of the industry’ report 2023

Xero

We are pleased to share the key findings from our study of the accounting and bookkeeping sector in Aotearoa New Zealand. The State of the industry report 2023 is the first of its kind in Aotearoa New Zealand and benchmarks the industry, highlighting key trends, challenges, and opportunities faced by accounting and bookkeeping professionals. Despite a recession being declared midway through 2023 and rising inflation, the sector has shown incredible progress and resilience during these challengin

XERO 203
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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

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.

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What Are S3 Lifecycle Rules? When Should You Use Them?

CloudZero

Amazon Simple Storage (S3) has become a cornerstone in the world of cloud computing, offering scalable and secure object storage solutions for a wide range of applications.

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The 2023 Best Firms for Women

Accounting Today

Our annual ranking of the most female-friendly workplaces in accounting.

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It's Time for QBTalks and the QBO Update

Insightful Accountant

Join Liz Scott on Wednesday, October 18, 2023 at 2 PM Eastern for the latest and greatest news about the QuickBooks Online product line-up. You won't want to miss it.

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Community Association Management Industry Trends for 2024 

AvidXchange

Community association managers have many responsibilities. From fielding resident concerns to handling accounting and legal matters to ensuring the maintenance of amenities and much more. These duties are made more difficult when working in an environment with outdated tools and inefficient processes. To better support employees, many community association management companies are turning to digital tools.

AP 105
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Building a Business Case for Finance Automation

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.

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The Most Used POS Systems for QuickBooks Integration in 2023

Ace Cloud Hosting

A robust POS (Point of Sale) application is essential for a retail or service-based business to efficiently manage sales, inventory, and customer data.

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Accounting salaries rise as talent pipeline shrinks

Accounting Today

With the number of freshly minted accounting graduates dwindling and the consumer price index still rising, the law of supply and demand is driving up salaries.

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Summary of Intuit's Investor Day 2023 Report

Insightful Accountant

Take a look at Intuit's bold goals, new strategy and five big bets for the company's future.

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2024 Real Estate Forecast

AvidXchange

As the year winds down, professionals in the real estate industry are naturally looking forward, planning budgets and goals for next year. Our 2024 real estate forecast predicts significant change in the retail and commercial sectors as well as an increased focus on building organizational efficiencies with technology. Below are a few of the top trends that will impact the 2024 real estate forecast.

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Fall In Love With the Month-End Close

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.

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11 Game-Changing Marketing Strategies for Accounting Firms in [2023]

Ace Cloud Hosting

Marketing strategy is one of the critical factors that separate high-growth accounting companies from low-growth ones. However, it’s not always the amount of money a company spends distinguishes the winner.

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IRS rules allow car dealers to provide rebates for EV tax credits upfront

Accounting Today

The guidance explains how buyers of electric vehicles can transfer their tax credits to dealers and get advance payments that lower the cost.

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Business News – US and Global

Insightful Accountant

Murph has once again compiled a synopsis of some of the key pieces of 'Business News' impacting both our US and international readership.

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Steps for Choosing an Accrual Method of Construction Accounting

CSI Accounting & Payroll

If your construction company has a contract that rolls into a new year , you must accrue for the materials, revenue, and labor involved in the contract - even if you use cash basis accounting for your business. This means accounting for these elements to accurately reflect the work performed and expenses incurred, even if the cash transactions occur in different accounting periods.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

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.

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Illinois Paid Leave for All Workers Act: What you need to know

Reconciled Solutions

If you own a business in Illinois, make sure you are prepared for the Paid Leave for All Workers Act. Start with these quick facts. The post Illinois Paid Leave for All Workers Act: What you need to know appeared first on Reconciled Solutions.

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Most companies unaware of beneficial ownership rules as deadline approaches

Accounting Today

Even though the effective date is less than 90 days away, most businesses are either unaware of it or uncertain how to comply.

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QuickBooks Desktop 2024 – Enhanced Item Categorization

Insightful Accountant

Murph reviews the enhanced functionality of Item Categories found in QuickBooks Enterprise v24.

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Thinking of Bringing on Temporary Employees?

CSI Accounting & Payroll

Many businesses took the step to hire temporary employees in 2020 due to industry changes and COVID. Spanning across all business sizes and all industries , temporary employees can provide valuable work with little commitment on behalf of either party. If you're thinking of bringing on temporary employees but haven't pulled the trigger yet, you probably still have some unanswered questions.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

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.

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Credit risk definition

Accounting Tools

Related Courses Credit and Collection Guidebook Effective Collections What is Credit Risk? Credit risk is the risk of loss due to a borrower not repaying a loan. More specifically, it refers to a lender’s risk of having its cash flows interrupted when a borrower does not pay principal or interest to it. Credit risk is considered to be higher when the borrower does not have sufficient cash flows to pay the creditor , or it does not have sufficient assets to liquidate make a payment.

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IRS offers tax relief to taxpayers affected by terror attack in Israel

Accounting Today

The agency is responding to the unfolding crisis in the Middle East.

Tax 321
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Insightful Accountant's 2024 International ProAdvisor Awards

Insightful Accountant

Insightful Accountant is proud to announce the new International ProAdvisor Awards for 2024. The awards will be conducted alongside the US Top 100 ProAdvisor and Up-n-coming ProAdvisor awards.

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Headlines: The Top 10 Cities for U.S. Accountants

Cloud Accounting Podcast

Looking for the best cities to launch your accounting career? This top 10 countdown will highlight the metro areas with the highest demand, abundant jobs, and the most competitive salaries for accountants. Forbes Advisor compiled this list. See the full list here: [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Get in Touch Thanks for listening and the great reviews!

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Cash Flow Secrets Every Upskilled CPA Should Know

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.