Xero

APRIL 17, 2024

What used to be time consuming and cost-prohibitive is now quick and affordable, and readily available to businesses of all kinds. Within your carbon footprint, emissions are broken down and reported into three scopes based on ownership and control: Scope 1: Direct emissions that occur from sources owned or controlled by the company.

Account 89

Account accountant accounted accounting apps 89

Acterys

JULY 10, 2023

In this blog post, we will explore the concept of AI within the realm of FP&A (Financial Planning and Analysis) and examine the potential benefits it offers in terms of generating valuable financial insights. The need for timely action has never been more paramount. The launch of ChatGPT has taken the world by storm.

Gaming 130

Gaming accounting and finance accounting software Technology 130

Withum

SEPTEMBER 8, 2022

Audited financial statements are a cornerstone of the financial markets. All publicly owned companies must have audited financial statements that contain a report of the registered independent accounting firm performing the audit. They are used to assist in raising money or obtaining loans.

accounting principles 119

accounting principles auditor audit financial statements 119

MyIRSRelief

AUGUST 1, 2023

Non-compliance can lead to severe penalties and financial setbacks, posing a significant threat to their operations. In this blog post, we will explore the common tax compliance challenges faced by trucking companies and highlight how our specialized tax firm can offer tailored solutions to help them overcome these hurdles.

payroll tax 130

payroll tax Tax payroll audit 130

MineralTree

FEBRUARY 15, 2024

This blog explores the intricacies of the AP check run and actionable tips to fortify your financial processes. The AP check run process plays a vital role in maintaining the financial stability of an organization. Is your accounts payable (AP) check run holding your business back? What is a check run in accounts payable?

AP Automation 78

AP Automation accounts payable Technology accounting and finance 78

Basis 365

NOVEMBER 30, 2023

In this blog, we will delve into essential financial tactics that small businesses can adopt to optimize their accounts payable processes, with a focus on the solutions offered by Basis 365 Accounting. Automation for Accuracy and Efficiency In this fast-paced business world, time is money.

accounts payable 102

accounts payable Account accountant accounted 102

CPA Practice

NOVEMBER 14, 2023

Features include automated bank feeds, bank reconciliation, financial statements, 1099 tracking, and a seamless transition to tax preparation. Chart of Accounts Templates: Now available in QBOA, Chart of Accounts templates save you time by streamlining the creation, customization, and saving of chart of accounts for new and existing clients.

quickbooks 119

quickbooks E-commerce Approval Workflows Account 119

Accounting Seed

FEBRUARY 3, 2023

Here’s how to take control What was once a gentle push and recommendation to take your accounting to the cloud has become a mandate. Now is the time to understand your current cloud applications, integrations, and operational challenges, so that you can make the best decision for your business.

accounting software 98

accounting software Account accountant accounted 98

ThomsonReuters

APRIL 5, 2024

Businesses that do not have sound tax provision processes are at an elevated risk of damaging their company’s financial health. That’s because interim tax reporting plays a pivotal role in providing valuable financial information between annual reporting periods. Why is interim reporting important?

Tax 68

Tax income tax financial statements accounting standards 68

ThomsonReuters

JUNE 16, 2023

Researchers stated that, “In spite of all the regulation, roughly half of the US financial statements suffer from misreporting more serious than pure clerical errors.” In today’s economic environment, which is riddled with rising costs and uncertainties, the risk of increased fraud remains high. The Worldcom scandal.

Account 93

Account accountant accounted financial statements 93

ThomsonReuters

JANUARY 8, 2024

Traditionally, tax professionals spend a considerable amount of time on repetitive and time-consuming activities such as data entry, invoice processing, and reconciliations. By automating these mundane tasks, tax professionals can allocate more time to strategic planning, analysis, and providing valuable insights to their clients.

Tax 101

Tax Account accountant accounted 101

ThomsonReuters

MAY 2, 2023

In the first blog in this series, we looked at the identification and assessment of risks of material misstatement. This now includes the following: Documentation of the evaluation of the design of certain identified controls and determination of whether such controls have been implemented.

audit 52

audit auditor financial statements Account 52

Xero

APRIL 12, 2023

It wasn’t that long ago that you needed to take out a credit card and enter the number every time you wanted to pay for something online. Embedded finance integrates financial tools or services — like lending, payments or even insurance — into non-financial experiences that you might use every day.

Finance 98

Finance accounting and finance accounting software Start-ups 98

ThomsonReuters

APRIL 24, 2023

At the core of every audit is the identification and assessment of risks of material misstatement, which is critical given the potential impact on a company’s financial position. SAS 145 supersedes the existing guidance in AU-C 315A and amends other sections related to risk assessment and assessing control risk.

auditor 59

auditor audit financial statements Tax 59

Lockstep

MARCH 21, 2023

In this blog post, we will discuss how QuickBooks Online and Lockstep Inbox work together to create the perfect accounting solution for small businesses! This powerful software is designed to streamline accounting processes, allowing business owners to reduce time-consuming manual work that used to take up to 10 hours a week.

quickbooks 52

quickbooks Account accountant accounted 52

Acterys

APRIL 11, 2023

As a CFO, you need to rely on complex financial models and contingency scenarios to make decisions that better mitigate risk and ensure optimal business performance. CFOs are currently transitioning towards autonomous financial planning and analysis (FP&A) in order to attain heightened agility. What is Autonomous FP&A?

Technology 130

Technology Finance Manufacturing Legal 130

Going Concern

MARCH 5, 2024

Last year around this time, one of the big crypto blogs noticed Deloitte had suddenly placed more than 300 job openings for positions such as Blockchain & Digital Assets Manager, Blockchain & Cryptocurrency Tax Manager, and Blockchain & Cryptocurrency in NFTs Tax Manager (LOL). Perform link chart analysis.

audit 56

audit Virginia accounting and finance Legal 56

MineralTree

JANUARY 25, 2024

This blog takes a deeper dive into 7 accounts payable trends that will help shape 2024. AP automation remains a top priority because it provides substantial operational efficiencies and helps teams track payment flows and gain control over payment transaction timing.

accounts payable 69

accounts payable AP Automation Account accountant 69

CPA Practice

DECEMBER 19, 2023

There is no time to waste in growing your understanding of AI You may not have anticipated a need for data science and systems engineering skills when you decided to become an accountant — and depending on your role, it may turn out you don’t need them. That includes creating more demand for their skills. But generative AI is different.

accounting and finance 121

accounting and finance Finance Account accountant 121

Xero

JUNE 8, 2023

And with a new financial year around the corner, it’s no surprise that retailers are cleaning house in preparation. So if you’re looking to do the same (and tackle tax time while you’re at it), below are a few simple tips to consider ahead of the ‘23 year-end. And as a retailer, it’s imperative to get it right.

Retail 91

Retail Tax bookkeeping payroll 91

PYMNTS

NOVEMBER 9, 2020

With a new Google Play app called Device Lock Controller, creditors for installment phone plans have gained the ability to restrict access to one's phone if they don't make a payment on time, according to a report from XDA. Google said it launched Device Lock Controller with Kenya-based Safaricom.

Finance 92

Finance 92

ThomsonReuters

FEBRUARY 1, 2024

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.

Non-Profits 52

Non-Profits accounting standards Maine accounting and finance 52

ThomsonReuters

APRIL 25, 2024

When it comes to navigating the tax landscape of 401(k) contributions and withdrawals, it’s important for accountants to stay informed and help clients make tax-efficient decisions during their retirement years. Let’s take a look at some commonly asked questions and answers on 401(k) tax considerations for contributions and withdrawals.

Tax 52

Tax income tax tax preparation Account 52

PYMNTS

AUGUST 14, 2020

Coinbase, the digital currency exchange, will offer bitcoin-backed cash loans to select customers as early as next month, the San Francisco-based company announced on its blog this week. Customers in 17 states have been invited to join the waitlist to borrow up to 30 percent of their bitcoin holdings.

North Carolina 107

North Carolina New Hampshire Wyoming Nebraska 107

Withum

AUGUST 18, 2022

Some meetings go on and on and on, and some are held with strong control by the presiding person. Start meetings on time and have a clear agenda. Set an ending time, whether it be a half hour, one or two hours (Ugh? That seems like an hour or hour and a half should be the maximum time. Two-hour meetings.

Start-ups 111

Start-ups Tax 111

Xero

JANUARY 30, 2024

Australia’s current property market presents both challenges and opportunities, with changing tenancy rules and rental controls, and the impact of interest rates and cost of living pressures. Your success lies in solid financial and legal foundations to weather storms – real or metaphorical.

Account 93

Account accountant accounted accounting and finance 93

Reckon

AUGUST 2, 2023

Guest post blog by Catherine Schwartz Today, having more than one income stream is completely feasible. By monetising YouTube videos and blogs, taking up flexible freelance gigs, and cashing in on social media affiliate marketing (some of the most common and lucrative side hustles) many digitally skilled young guns are taking the plunge.”

accounting and finance 98

accounting and finance Non-Profits Start-ups Finance 98

Acterys

JULY 12, 2023

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. What is vertical analysis?

financial statements 130

financial statements accounting and finance accounts payable Sales 130

ThomsonReuters

JUNE 28, 2023

Audits are increasingly reliant on technology, from machine learning algorithms that can detect anomalies in financial transactions, to automated document review systems that speed up the audit process. What is the role of innovation in auditing?

audit 98

audit Technology auditor Start-ups 98

Xero

JUNE 16, 2022

As we look towards the new financial year, it’s the perfect time to reflect on what’s needed to make FY23 the best year yet for your business. Taking time at the beginning of the new financial year to set up your systems and processes can save considerable time in the long run.

Technology 118

Technology accounts payable Manufacturing Tax 118

ThomsonReuters

JUNE 6, 2022

But how do you stay current on accounting and auditing standards when there are new developments happening all the time? But how do you stay current on accounting and auditing standards when there are new developments happening all the time? At the same time, professionals must adhere to new auditing standards SAS 134-140.

accounting standards 142

accounting standards Account accountant accounted 142

Lockstep

JANUARY 4, 2023

In this blog post, we’ll explore the benefits of using a shared inbox for AR and AP management. The larger productivity gains here promise ample financial rewards for organizations willing invest in adopting this modern enterprise technology solution. A shared accounting inbox helps teams ensure accountability.

Account 92

Account accountant accounted accounts payable 92

Xero

AUGUST 7, 2023

Whether you own a small business, manage a team, or close the books for your clients, Expensify makes it easy so you have more time to focus on what really matters. Whether you own a small business, manage a team, or close the books for your clients, Expensify makes it easy so you have more time to focus on what really matters.

bookkeeping 91

bookkeeping E-commerce Tax Account 91

ThomsonReuters

OCTOBER 24, 2023

Yet, for many companies, the journey of data from disparate sources to financial close, tax returns, and reporting can be torturous. Data consolidation challenges, complex calculations, and reporting requirements can turn the trek into a daunting ordeal fraught with time-consuming inefficiencies and greater risk of errors. “One

Technology 52

Technology Tax corporation tax accounting and finance 52

Accounting Seed

FEBRUARY 7, 2023

Here’s how to take control What was once a gentle push and recommendation to take your accounting to the cloud has become a mandate. Now is the time to understand your current cloud applications, integrations, and operational challenges, so that you can make the best decision for your business.

accounting software 52

accounting software Account accountant accounted 52

Xero

MARCH 19, 2023

But the promise of a new financial year brings the chance for small business owners to reset their work routines – creating new habits, goals and even wellbeing practices to make life a little easier. Despite continued uncertainty, year end is the ideal time to think about how you can set yourself up for success in FY24.

Start-ups 93

Start-ups tax planning Tax 93

ThomsonReuters

JUNE 15, 2023

Increased focus on ESG There are a number of issues and challenges around ESG that tax and accounting firms need to consider. Here is a brief summary of the top five: 1. How is the growing focus on ESG affecting the audit profession? What are some of the key challenges that audit firms face when auditing ESG disclosures?

audit 96

audit auditor Education Tax 96