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Accounting Automation: The Definitive 2023 Guide

Ryan Lazanis

Let’s now briefly outline the main benefits of automated accounting: 1) Time Savings. This is an obvious benefit of accounting process automation. The more manual accounting data input tasks that you can automate through the accounting software, the more time you can save to focus your efforts elsewhere.

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How to Improve Accounting for a Transportation Business: 4 Essential Cash Accounts

Anders CPA

While profit margins can be heavily impacted by increasing operating costs for things like labor, fleet maintenance, and fuel, a company’s accounting practices (or lack thereof) tend to contribute significantly to business failure. That said, everything your business does comes down to cash.

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Friday Footnotes: Accountant Shortage Ramps Up Work Pressure; Celebrities’ Trusted CPAs; ERC Reverse Card | 12.8.23

Going Concern

Audit SEC approves new PCAOB audit confirmation standards targeting fraud [ CFO Dive ] The Securities and Exchange Commission has approved a new standard tightening the requirements for auditors when confirming details of an audit, including verifying with a third party assertions made by a client in a financial statement.

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Accountant Busy Season: 5 Survival Tips for Accounting Busy Season

Snyder

Many business owners today are implementing accounting automation solutions, which is a great option to keep your financial records accurate and secure. But it’s not everything that a modern business needs from an accounting system. Luckily, accounting software solutions make the whole process easier.

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Beyond Traditional Law Firm Accounting: Virtual CFO Services for Law Firms

Anders CPA

But at a certain point, they’ll grow to a size where they can’t get any further on their own — or they realize that they need more than just the latest version of some law firm accounting software. That’s where a virtual CFO comes in: A consultant whose entire focus is the financial health of the company.

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Beyond Traditional Law Firm Accounting: Virtual CFO Services for Law Firms

Anders CPA

But at a certain point, they’ll grow to a size where they can’t get any further on their own — or they realize that they need more than just the latest version of some law firm accounting software. That’s where a virtual CFO comes in: A consultant whose entire focus is the financial health of the company.

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14 Biggest Tax Write Offs for Small Businesses! [What the Top 1% Write-Off]

LyfeAccounting

Every year, more than 2 million taxpayers overpay their income taxes. This could be due to poor tax planning, or because they’re missing some of the biggest business tax write-offs. Meanwhile, the top 1% are using the tax law to their advantage to minimize their tax liability, oftentimes leaving us clueless….

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