ThomsonReuters

OCTOBER 20, 2022

The regulations expressly require participants to self-certify—including electronically—that they have insufficient cash or other liquid assets to alleviate the financial need, and plan administrators may rely on these self-certifications, absent actual knowledge to the contrary. For more information, see our Checkpoint Question of the Week.)

audit 105

audit Tax Account accountant 105

MineralTree

FEBRUARY 23, 2023

In this blog post, we will discuss the importance of cash flow forecasting and how businesses can better manage their cash flow through AP analytics and better data management. What is Cash Flow Forecasting? Cash flow forecasting is a critical part of financial planning for businesses of all sizes.

AP Automation 88

AP Automation accounting and finance AP Processes Finance 88

ThomsonReuters

NOVEMBER 11, 2020

Financial Reporting in the COVID-19 Era: Technology Can Help Accounting Professionals Ask—and Answer—the Right Questions. Understanding the key accounting questions raised by COVID-19. Going concern and liquidity. The first and most important topic to address is going concern and liquidity. Impairments.

Account 52

Account accountant accounted auditor 52

inDinero Accounting

FEBRUARY 28, 2022

When it comes to cash vs. accrual accounting, any financial advisor will tell you that accrual is the way to go. While cash accounting may be easier, accrual accounting gives you a better picture of your business’s operations and financial position. Your accounting method will affect several things. Tax Preparation.

accrual accounting 52

accrual accounting Account accountant accounted 52

MineralTree

MARCH 2, 2023

However, if teams are not confident in what is happening next with the economy, they are assuming major risks with an uninformed finance strategy for their organization. As a result, many finance departments are embracing automation to fill this gap, with a special focus on accounts payable as the top priority.

AP Automation 83

AP Automation Technology accounting and finance accounts payable 83

ThomsonReuters

OCTOBER 5, 2023

Jump to: What is amortization in accounting? What are the different amortization methods? Some assets will fall under amortization accounting. What is amortization in accounting? What are intangible assets? On the balance sheet, as a contra account, will be the accumulated amortization account.

Account 52

Account accountant accounted Expense Amortization 52

LyfeAccounting

OCTOBER 28, 2020

?. As Warren Buffet says, accounting is the language of business. He and other savvy business owners use accounting to make investment decisions and decisions to grow the businesses they invest in. But interestingly enough, many small businesses often neglect their accounting until tax time, or don’t do it all. Look, I get it.

accounting basics 52

accounting basics CPA Account accountant 52

LyfeAccounting

OCTOBER 15, 2020

It doesn’t matter if you’re a startup, growing small business, or major enterprise – if you do not know what KPIs are correlated to the success of your company, I can guarantee that you will eventually mismanage your business. What are Business KPIs? These KPI metrics tell you what’s really going on in your body.

Non-Profits 52

Non-Profits bookkeeping Start-ups financial statements 52

LyfeAccounting

JULY 30, 2021

Appreciation is a very important factor when you determine what asset you invest in because it allows you to take advantage of compound interest. In today’s post, we’re going to settle the great debate once and for all – and that is the answer to one question: Which is the better investment – stocks vs real estate? Tax Advantages.

Real Estate 52

Real Estate Tax income tax Start-ups 52

LyfeAccounting

OCTOBER 14, 2020

You see, here at LYFE Accounting, we handle the books for small business owners everyday and have a time-tested 6-step process that helps small businesses make better financial decisions that lead to greater profitability. Let’s get started by answering this question first- what is bookkeeping? How can you grow your business?

bookkeeping 52

bookkeeping financial statements accounting and finance Maine 52

ThomsonReuters

JANUARY 28, 2021

This blog post highlights certain changes in SEC reporting and disclosure across several key topics, along with practical takeaways. What follows is a discussion of the changes in these three focus areas. That, however, didn’t stop the SEC from pushing through several key rulemaking initiatives on its regulatory agenda.

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audit Legal auditor Government 72

PYMNTS

JANUARY 24, 2018

Bitcoin doesn’t necessarily have the blessing of government agencies, but what about blockchain? As the time goes on, blockchain technology will enhance the efficiency of sharing critical data, such as balance sheets, and foster a more liquid secondary loan market,” the paper said, according to reports. “As

Government 53

Government accounting and finance Technology Finance 53

ThomsonReuters

APRIL 6, 2023

If you are an accountant working within accounts payable, chances are you’ve got an interest in automation. But what should you look for in an accounts payable automation solution? From understanding the why and the how, to knowing what to look for, let us be your guide to accounts payable automation.

Accounts Payable Automation 59

Accounts Payable Automation accounts payable Technology Account 59

ThomsonReuters

APRIL 6, 2023

Whether you’re an accountant, a small business owner, or a professional working within an organization, understanding what accounts payable is and how it works is essential. As an important cash flow indicator, accounts payable is a sign of the health of a business. Often, these types of charges are invoiced.

accounts payable 52

accounts payable Account accountant accounted 52