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Vertical Analysis: What It Is and How It Can Help You

Acterys

In the dynamic world of finance, where strategic decisions shape the course of businesses, mastering vertical analysis can help you simplify your statement, make critical financial decisions, and understand the underlying composition and trends that drive your business’ financial performance.

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How AI transformed the tax and accounting profession in 2023

ThomsonReuters

By automating these mundane tasks, tax professionals can allocate more time to strategic planning, analysis, and providing valuable insights to their clients. This not only enhances the efficiency of tax and accounting processes but also improves the overall quality of financial reporting. It’s all about the data.

Tax 101
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Understanding GAAP rules

ThomsonReuters

GAAP rules for outstanding checks Staying up to date with GAAP standards Accurately tracking and presenting financial information can be complex, even for smaller organizations. It was thought that shady financial reporting practices by some publicly-traded entities caused (or partly caused) the financial calamities.

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What is Managerial Accounting and How Does it Differ from Financial Accounting?

Snyder

When starting a business, all the paperwork and accounting may seem daunting. To achieve your goals, you’ll need to prepare numerous reports, establish, evaluate, and strengthen external partnerships that generate new growth, create a strategic mapping to increase confidence in your actions, and the list goes on!

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The Best Staff Accountant Job Description Template

Ryan Lazanis

Do you want to attract top-tier talent for your staff accountant position? In this blog post, I share my insights about the job and the best staff accountant description template that will help you captivate the top candidates. The more exciting and unique, the more applicants you’ll receive.

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Overview of U.S. taxes on foreign income for individuals

ThomsonReuters

How to report foreign income What is Form 1099-DIV? tax on foreign income in order to help their clients ensure compliance and avoid penalties. To support this effort, forward-thinking accounting firms are increasingly using tax preparation software and scan-and-populate solutions to tackle the challenges of foreign income reporting.

Tax 40
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What is Data Visualization and Why It Matters to Your Business

Snyder

With rapid development of technology and even more rapid increase in the amount of generated data, data analytics is defining the success of any business trying to keep up and provide the best customer experience. Not bad when you’re trying to speed up the way you solve issues and plan your future strategy, right? Time-series.