Ronika Khanna CPA,CA

JULY 28, 2023

This is all possible with a few apps, sufficient digital space and a shift in your mindset and processes. While accounting records and bank statements are a good starting point, if you do undergo an audit, CRA and RQ will almost always want to see the underlying receipt, bill or invoice that accompanies a specific transaction.

bookkeeping 98

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MineralTree

SEPTEMBER 28, 2023

Under the finance umbrella, accounts payable (AP) is particularly ripe for digitalization, with the potential to streamline operations and enhance efficiency. Why Productivity Matters in Finance Financial accounting productivity facilitates healthy cash flow.

Finance 78

Finance AP Automation AP Processes Technology 78

Cherry Bekaert

SEPTEMBER 28, 2023

The Regulatory Compliance Digest is intended to keep you informed of regulatory changes in advance of their effective date so your institution can evaluate changes or updates to necessary policies, procedures and processes in place to be compliant at the time of enactment. banking system. economy and financial system. financial system.

accounting and finance 96

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Shay CPA

MARCH 20, 2024

As we zoomed out and looked ahead, we identified three trends that will likely play a big role in the accounting industry — and financial best practices in general — through the rest of 2024. 1: The accountant shortage As The CPA Journal put it , “The accounting profession is in crisis.” That trend continued in 2022.

Technology 52

Technology Account accountant accounted 52

MineralTree

JANUARY 26, 2023

This is one key reason why Accounts Payable was reported as the top digitization priority for the back office for the last two years. Time savings Recent economic instability has prompted organizations to prioritize efficiency gains across departments to improve overall cash flow and reduce operating costs.

AP Automation 75

AP Automation Technology AP Processes accounts payable 75

MineralTree

JANUARY 25, 2024

This blog takes a deeper dive into 7 accounts payable trends that will help shape 2024. Key Takeaway: Ensure your work environment is optimized for all employees, no matter where they work. AP teams are prime targets for these scams because of their access to sensitive payment account details.

accounts payable 69

accounts payable AP Automation Account accountant 69

Cherry Bekaert

APRIL 9, 2024

Managing Your Carbon Footprint The words “net zero” were repeated countless times at CERAWEEK. As a Microsoft Partner , we can help your organizations enable insights with Power BI. Ensuring your IT systems are data-ready is a critical step in transitioning to new technologies.

Technology 52

Technology Government Account accountant 52

Lockstep

APRIL 13, 2022

Is your AR Aging creeping beyond resolution? Are you even able to review and report on your aging accounts receivable? The role of accounts receivables (AR) teams is increasingly important as the backbone of your organization’s financial health. Can remote users access notes and account information? .

Account 52

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PANALITIX

AUGUST 23, 2020

We covered a lot of ground in a recent interview with Panalitix client Michael Burke of Burke Raftery Chartered Accountants. Along the way, he completed a post-graduate degree in behavioral science, not a usual approach for an accountant! Business Advisory in a Post-COVID Environment: An Interview with Michael Burke. Target Clients.

chartered accountant 130

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Going Concern

AUGUST 22, 2022

A former senior accountant for a Chicago construction company has been indicted on federal fraud charges for allegedly embezzling millions in company funds. Reno’s KOLO ran a segment about the accountant shortage : “The reasons are simple say analysts. Public accountants continue to quit, why are they leaving?

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MineralTree

FEBRUARY 16, 2023

As an example, a fraudster may impersonate a vendor — often through BEC or account takeover — and contact the AP team to update payment information to a fraudulent account. The Accounts Payable (AP) team is the most susceptible department in terms of this attack, with 58% of those surveyed noting their AP teams were compromised.

AP Automation 52

AP Automation Technology accounts payable Account 52

Basis 365

MARCH 30, 2023

ARE ALL ACCOUNTING SERVICES THE SAME? COMPARING DIFFERENT ACCOUNTING PARTNERS CAN BE LIKE COMPARING APPLES AND ORANGES. ACCOUNTING SERVICES (OR OFFERINGS) ARE NOT ALL THE SAME. BREAKING DOWN THE DIFFERENT ACCOUNTING PARTNERS YOU MAY BE CONSIDERING AND WHICH ONE IS RIGHT FOR YOU. WHO CAN ADVISE YOUR BUSINESS?

accrual accounting 52

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Withum

DECEMBER 19, 2023

Augmented reality and virtual reality devices that can create immersive and interactive experiences for entertainment, education and collaboration. From securing the new systems to preventing misuse, IT departments will have to provide governance for an area that is facing more scrutiny from regulators and legal systems. Stay tuned!

Technology 59

Technology Legal Start-ups Entertainment 59

SkagitCountyTaxServices

JANUARY 5, 2022

Your choices will make all the difference this year — not government policies, congress, sloppy vendors, or recalcitrant employees. And we’re in your corner: 360-424-1040. And one of the things for which we are in your corner is to keep you and your Skagit County business from getting in hot water.

Tax 79

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PYMNTS

NOVEMBER 3, 2017

The most recent iOS 11 and watchOS 4 software updates from Apple enable Apple Pay users to make P2P payments through either the Apple Messenger platform or Apple’s virtual assistant Siri. Users can simply ask Siri to send money to contacts, with funds withdrawn from a virtual debit or credit card. About the Tracker .

Non-Profits 50

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Cherry Bekaert

APRIL 27, 2023

This includes the establishment of an effective board of directors, as well as the implementation of policies and procedures that promote transparency and accountability. As an example, in a Risk & Accounting Advisory podcast published last year , our team covered inventory challenges and the need for inventory audits and counting.

auditor 40

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Going Concern

JULY 21, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday. ” Then Robinson agreed.

audit 84

audit Tax Manufacturing Government 84

MineralTree

MARCH 16, 2023

The State of Accounts Payable Today Recession and inflation are top challenges for CFOs as they look to keep companies profitable in 2023. This dynamic, coupled with ongoing threats related to recession and inflation, result in numerous challenges for accounts payable teams. What is Accounts Payable Outsourcing?

AP Automation 88

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Going Concern

APRIL 19, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday. The Big Four accounting firm is considering adding about 85 U.S.

cpas 76

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Going Concern

MARCH 1, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday. This is an accounting trick. Damn you, Peter Collins.

audit 94

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Anders CPA

DECEMBER 7, 2023

In this podcast episode from the Summit Virtual CFO by Anders Modern CPA Success Show , Tom Wadelton and guest co-host John Scott , Virtual CFO and legal industry leader, are joined by Terrell Turner , CEO of the TLTurner Group, to discuss the importance for non-finance professionals to understand financial metrics, specifically law firms.

Finance 52

Finance accounting and finance Start-ups Non-Profits 52

CPA Practice

AUGUST 17, 2023

Over the last year, the hottest topic of discussion among accounting professionals has been about how artificial intelligence will shape professional firms. For a profession as risk averse as accounting, what can we gather from this? AI has potential to save accounting.

accounting firms 98

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Going Concern

JANUARY 12, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday. Audit Do former regulators improve the quality of audits?

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Withum

JULY 14, 2022

340B drugs are designated only for outpatient visits, requiring virtual inventory accounting for 340B qualified and non-qualified patients. Complications can occur regarding which entity’s virtual stock is used to supply the patient with their prescription. Contact Us. Employee Prescriptions. Healthcare Services.

Technology 64

Technology Non-Profits Pharmaceutical Hospitality 64

CPA Practice

NOVEMBER 10, 2023

Now get busy, has both smart vault and virtual cabinet to different document management systems specifically for the accounting profession. Smart vault is really very, very strong and has some integrations that nobody else has in the accounting vertical. And they have worked on PBC, your client requests lists from way back.

Technology 110

Technology quickbooks Start-ups Tax 110

Cherry Bekaert

APRIL 3, 2023

Growing Your Business Starts With Evaluating, Governing and Managing Risk Author: Brian Murrow, Managing Partner – Risk & Accounting Advisory Services Naturally, after unfortunate incidents, risk governance and security are on top of mind for many. 18 (SSAE 18) and No. 21 (SSAE 21), which governs SOC attestations.

financial statements 75

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Snyder

FEBRUARY 1, 2023

In 2023 even if you been living in the middle of nowhere, you must have come across various types of automation, starting from cookie-based advertising and automated bank notifications going all the way to stock markets and accounting automation. Note: BPA doesn’t focus on one single department. Contents: 1. billion USD by 2026.

Technology 52

Technology E-commerce accounting and finance quickbooks 52

Going Concern

DECEMBER 8, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday. Peak W-2: What’s It Take to Be the Accountant to the Stars?

cpas 90

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Withum

NOVEMBER 2, 2022

It centralizes all critical data, which increases the opportunity to meet your customers’ needs and enables you to tactically manage campaigns, track leads and make important business decisions with an increased data-driven approach. . Minimize your time and figure out who will be the best possible customers. Customer Service.

NetSuite 72

NetSuite Technology B2B E-commerce 72

Going Concern

FEBRUARY 16, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday. Despite the implementation of these practices in U.S.

Real Estate 96

Real Estate Iowa audit CPA 96

Ryan Lazanis

NOVEMBER 9, 2022

This is my complete guide to accounting automation in 2023. So if you want to: Learn the 8 benefits of automated accounting. Save time by automating your accounting processes. Automate all 15 areas of your accounting. Find out the latest tools to help you streamline and automate your work.

Technology 98

Technology Account accountant accounted 98

Cherry Bekaert

NOVEMBER 28, 2023

The Regulatory Compliance Digest is intended to keep you informed of regulatory changes in advance of their effective date so your institution can evaluate changes or updates to necessary policies, procedures, and processes in place to be compliant at the time of enactment. Action Plan April 1, 2024 is quickly approaching.

Real Estate 52

Real Estate accounting and finance Finance Hawaii 52

Cherry Bekaert

FEBRUARY 23, 2024

Specialized AI excels in discrete tasks like virtual assistants, customer chatbots, or document verification, which is a significant leap in automation capabilities in and of itself. Think of Netflix’s recommendation engine, which uses AI to personalize content recommendations and has grown to account for 80% of viewer activity.

Technology 52

Technology Government Transportation New York 52

PYMNTS

OCTOBER 3, 2016

Sure, there were ads in newspapers and magazines, but before John Selfridge revolutionized the department store model by putting goods out on display for everyone to see, customers had to ask a clerk behind a counter to fetch the things they wanted to buy. In both cases, payment and shipping is pegged to the account on file online.

Retail 79

Retail Sales Maine Technology 79