Sat.Jul 29, 2023 - Fri.Aug 04, 2023

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Maximize Profits With Smart Pricing And Strategic Plating

SLC Bookkeeping

In the dynamic and competitive restaurant business world, two essential elements play a significant role in captivating customers: smart pricing and food plating.

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CIMA and CPA Canada ink reciprocal membership pact

Accounting Today

The Chartered Institute of Management Accountants and the Chartered Professional Accountants of Canada signed a memorandum of understanding.

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Intuit Named to FIDO Alliance Board in Recognition of Passwordless Authentication Standards Leadership

Intuit

Every day, our employees set out to solve customer problems and deliver seamless experiences, propelled by our AI-driven expert platform strategy and mission to power prosperity around the world. Part of delivering on this means delivering industry-leading customer experiences for more than 100 million consumer and small business customers with Intuit TurboTax , Credit Karma , QuickBooks , and Mailchimp.

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5 tips to get the best out of apps at Xerocon

Xero

Xerocon is fast approaching: the best forum to hear about the latest innovations within Xero, get inspired and connect with other accountants and bookkeepers. Plus, with more than 70 app partners from the Xero ecosystem exhibiting at Xerocon Sydney on 23-24 August, it’s also the best opportunity you’ll have all year to connect with and learn about apps that can take your practice to the next level.

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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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Streamlining Financial Processes: How Client Accounting Services Drive Efficiency

Accounting Department

Efficient financial processes are essential for the success and growth of any business. However, managing tasks like invoicing, payroll management, and financial reporting can be time-consuming and complex, diverting valuable resources from core operations.

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The Leadership Files: Tim Ryan

Accounting Today

The chair and senior partner of PwC shares why it's important for firms to have their employees' backs.

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More Trending

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Why Does Your Home Healthcare Service Need Monthly Accounting?

CSI Accounting & Payroll

When you own a home healthcare practice, such as senior care or disability care, you're often dealing with small profit margins. If you run into even a moderate problem at the wrong time, that can mean big trouble for your business. You might be surprised to hear that your accounting strategy can make all the difference. Most small businesses have an administrative employee handle bookkeeping as a side task, then outsource annual taxes to an accountant.

Payroll 98
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Is it Time for an Outsourced Bookkeeper?

Accounting Department

Some business decisions are obvious. Others can seem like 50/50 propositions that make doing nothing a good third option. Deciding what to do about your bookkeeping, fortunately, is not a dilemma when you know what to factor into your considerations. So, how can you determine whether you would be better off with outsourced bookkeeping services or continuing it onsite at this stage of your growth?

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Employers added 187K jobs in July, but lost 400 in accounting

Accounting Today

The unemployment rate dipped one-tenth of a point to 3.5%, the U.S. Bureau of Labor Statistics reported.

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Can ChatGPT Comply with Accounting Rules?

Insightful Accountant

New Oracle NetSuite white paper not only provides a guide for CFOs about the topics of AI and Machine Learning, but also evaluates ChatGPT. Read our summary of how ChatGPT explained ASC 842 compliance.

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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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Healthcare Accounting Services Provide Security for Your Practice

CSI Accounting & Payroll

More and more medical groups, including small practices and home healthcare, are outsourcing accountants for expanded services. Why? Regardless of how small it is, a medical practice is a business and needs to turn a profit to operate and grow. However, not all accountants or forms of accounting are created equal. Finding the right fit for your practice is a crucial step in the process.

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Chat with PDFs using ChatGPT & OpenAI GPT API - A Detailed Tutorial

Nanonets

In this blog post, we explore Language Learning Models (LLMs) and their astounding ability to chat with PDF files. To start, we will show you how to chat with PDF files via the ChatGPT website. Next, we dive into a detailed code tutorial on how to chat with all kinds of PDF files. After that, we build our first automation to automate a repetitive task involving PDFs using ChatGPT API.

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On the move: Windes names next EVP of operations

Accounting Today

CBIZ Somerset promotes six to senior manager; Walter Shuffain hires CAS managing director; and more news from across the profession.

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AICPA Takes Aim at ERC Accountability

Insightful Accountant

American Institute of CPAs pushes for more ERC accountability following Capitol Hill committee hearing.

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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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6 Tips to Solve Scope Creep in Your Service-Based Business

Brigade

If you run a service-based business, you may be familiar with the term “scope creep” which is essentially a stream of change requests that come from clients either during or after project delivery. This can be a major challenge for many reasons, not the least of which being your profit margin!

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The Ultimate Guide To Google Kubernetes Engine (GKE) Pricing

CloudZero

Google Cloud released Google Kubernetes Engine (GKE) as a commercial version of native Kubernetes (K8s). GKE promises a user-friendly, reliable, and cost-effective service. Yet, calculating GKE costs can be daunting, including how to understand what you're paying for and how to maximize your return on investment.

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IRS guidance shows the value of home energy audits

Accounting Today

The service released information on how taxpayers can claim the energy efficient home improvement credit.

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Canopy Expands its AI-driven Capabilities

Insightful Accountant

With its new Canopy Insights, the account management software provider advances its practice management analytics with AI-Driven custom query and reporting capabilities.

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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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Fixed asset accounting

Accounting Tools

Related Courses Accounting for Intangible Assets Fixed Asset Accounting How to Audit Fixed Assets How to Account for Fixed Assets A fixed asset is an item having a useful life that spans multiple reporting periods, and whose cost exceeds a certain minimum limit (called the capitalization limit ). There are several accounting transactions to record for fixed assets, which are noted below.

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4 Ways SaaS Brands Evolved Their Pricing Strategy Using Cost Intelligence

CloudZero

One powerful way SaaS companies can balance their own costs while still providing plenty of value to their customers is to be strategic about pricing tiers and payment plans.

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IRS issues guidance on Medicare drug pricing tax

Accounting Today

The Internal Revenue Service and the Treasury Department said Friday they will be issuing rules for prescription drug makers and importers about a new tax imposed by a provision in last year's Inflation Reduction Act to allow Medicare to negotiate on the prices of many medications.

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How to Ensure Long-term Lease Accounting Success

Insightful Accountant

A new webinar by LeaseCrunch will help guide attendees through preparing for the next chapter of ASC 842 lease accounting implementation. See how to sign up today.

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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.

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Types of accounting functions

Accounting Tools

Related Courses Bookkeeping Guidebook CFO Guidebook New Controller Guidebook There are several types of functions fulfilled by the accounting department within a business. These accounting functions are noted below. Financial Accounting The financial accounting group records accounting transactions and converts the resulting information into financial statements.

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Billing Software: What You Need to Know

Billing Platform

Described as software that enables companies to, at its most basic level, generate and send invoices, collect payments, and calculate taxes – billing software is now capable of so much more. Regardless of whether you run a small and-medium sized business (SMB), a large enterprise, or something in between – implementing the right billing solution enables you to drive operational efficiencies, reduce errors, and boost profitability.

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IRS loses track of tax info between processing centers

Accounting Today

The service isn't doing enough to safeguard sensitive information when it's shipped between tax processing centers, according to a new report.

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QB Talks is All About Top 100 from Our List-makers

Insightful Accountant

Join Murph and Gary on Wednesday, Aug. 16, at 2 p.m. (EST) as they visit with members of the 2023 Top 100 and Categorical Awards.

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Profit in the Details: Rethinking Spend for Monumental Impact

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

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The asset conversion cycle

Accounting Tools

Related Courses Bookkeeper Education Bundle Bookkeeping Guidebook What is the Asset Conversion Cycle? The asset conversion cycle is the process by which cash is used to create goods and services, deliver them to customers, and then collect the resulting receivables and convert them back into cash. The nature of this cycle determines the extent to which a business has either a net cash inflow or outflow.

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How to Conduct an Internal Audit in Your Company

SMB Accounting and Consulting

Internal audits play a crucial role in the success and sustainability of a company. They are systematic and independent evaluations of a company’s internal controls, financial reporting, and operational processes. Conducting regular internal audits helps identify potential risks, improve operational efficiency, and ensure compliance with laws and regulations.

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Hunter Biden plea deal outlines tax and accounting problems

Accounting Today

According to a plea agreement, Biden was well aware of his tax liabilities from an accountant he hired. The accountant prepared Biden's returns and sent them to him for review and signature. Despite repeated encouragement by his accountant, Biden never signed or submitted his returns.

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To Save or Not to Save.Americans Show Some Regret Over Question

Insightful Accountant

According to a Bankrate study, 74% of Americans have a financial regret, most frequently not saving for retirement early enough

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Navigating Bleisure Travel: A Guide for Mid-Sized Companies

Bleisure travel — where employees combine work and leisure — has been around since the advent of corporate travel and is here to stay. Successful bleisure policies strike a balance between employee preferences and company goals — workers report a 64% improvement in work-life balance, while companies benefit from reduced travel costs and increased workforce innovation.