article thumbnail

Nominations Open for 2025 “Most Powerful Women in Accounting” Awards

CPA Practice

The Most Powerful Women in Accounting Awards , now in their 12th year, were created by CPA Practice Advisor to promote and support the success of women leaders as part of its broader mission of sustaining the profession. We’re excited to open the nominations for the 2025 Most Powerful Women in Accounting.”

article thumbnail

Understanding Cash vs. Accrual Accounting

Withum

When it comes to accounting methods, businesses primarily choose between two approaches: cash basis accounting and accrual basis accounting. Understanding the key differences between cash vs. accrual accounting is essential as this decision impacts financial reporting, cash flow management and long-term planning.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top 5 Trends Impacting Accounting in 2025

Accounting Seed

The accounting landscape continues to evolve at a rapid pace with emerging technologies, shifting workforce dynamics, and new operational demandsall of which impact the way accounting teams operate, and businesses achieve growth goals. In fact, accounting and finance is predicted to be one of the top areas impacted by AI in 2025.

article thumbnail

Making Accounting Work: The Balance of Technology and Teamwork

CPA Practice

Accounting is often one of the last areas a company invests in because it’s traditionally seen as a cost center rather than a revenue generator. This tends to be the case in departments like sales or marketing, but not in areas like accounting, HR, or operations. By Ting Song. So, what’s the solution?

article thumbnail

Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

Technology is rapidly changing the way accountants perform and manage month-end activities. Watch SkyStem’s sneak peek into their award-winning account reconciliation software – ART. Spreadsheets, emails, and shared drives no longer need to slow you down.

article thumbnail

Optimism declines among accountants

Accounting Today

accountants who advise small and midsized businesses are feeling less confident this year, according to a new survey. Between January and April, the net sentiment among accountants swung from a positive 19% to a negative 39%. All rights reserved. EDT 3 Min Read Facebook Twitter LinkedIn Email U.S.

article thumbnail

Decisions 2024: The Opportunities for Accounting Firms Have Never Been Greater

CPA Practice

We track the top products in every category and discuss them in our weekly podcasts in The Accounting Technology Lab. In the coming months, my K2 organization and this column will continue to cover useful AI tools for Client Accounting Services (CAS), tax, and audit. Trullion could be a replacement for DataSnipper.

article thumbnail

Close Time Chaos? 10 Reasons to Automate & Chill.

Discover 10 game-changing reasons why accounting teams are ditching manual processes and embracing automation. Month-end doesn’t have to mean long nights and last-minute scrambles. It’s time to trade chaos for peace—and finally make the close feel… well, closed.

article thumbnail

Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.

article thumbnail

Book of Secrets on the Month-End Close

Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process. Field of Study: Accounting. Recommended CPE: 1 CPE. Program Cost: $0.

article thumbnail

How Unify Turned Month-End Mayhem Into a Growth Party With Automation!

Elevate your accounting efficiency with ART’s game-changing capabilities! ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.

article thumbnail

How Finance and Accounting Operations Fail to Scale Efficiently

Every company, no matter its size, must address its finance and accounting requirements. This guide looks at the finance function for companies at different stages, and the types of issues and challenges that they face when they fail to build agile, scalable accounting and finance operations from the start.

article thumbnail

Change Your Mindset: The Key to Growing Your Accounting Practice

Speaker: David Bergstein, Chief Innovation Officer at Bergstein CPA

In the accounting profession, the post-COVID business model is surely on everyone's minds. Join David Bergstein, Chief Innovation Officer at Bergstein CPA, as he shares insight on the accounting landscape, new trends, and practical tips for reevaluating your company's positionality.

article thumbnail

10 Pragmatic Guidelines to Inspire Trust in Your Accounting Firm During COVID Times

Speaker: Javier Goldin, Managing Partner at Goldin Group LLC

The accounting profession has been moving from transactional to advisory work. In this webinar you will learn: How important are face to face relationships for an accounting firm? Advisory work is based on relationships and an ongoing dialogue. The pandemic has forced many firms into a remote environment.

article thumbnail

Rethinking the Concept of the Employee: How Outsourcing Can Help Grow Your Accounting Business

Speaker: Dixie McCurley, Principal, Digital Advisory at Cherry Bekaert LLP

In this post-COVID world, clients are reevaluating their expectations as far as an in-person relationship with their CPAs and accounting professionals. What a supplemental "gig economy" looks like for an accounting firm. Why outsourcing can help yield growth by augmenting your current model.