SMBAccountant

FEBRUARY 19, 2024

For small and medium-sized businesses (SMBs) in particular, ensuring compliance and optimizing financial performance under such contracts requires a nuanced understanding of accounting and financial management. This is where the expertise of a specialized SMB Accounting and Consulting firm can be invaluable.

Government 246

Government accounting principles Legal Account 246

RogerRossmeisl

JANUARY 14, 2024

Starting in 2024 newly formed, corporations, limited liability companies (LLCs), limited partnerships, and other entities that file formation papers with a state’s Secretary of State’s office (or similar government agency) must file a report with the U.S.

CPA 230

CPA Start-ups Tax Government 230

RogerRossmeisl

APRIL 25, 2023

Recently, the Financial Crimes Enforcement Network (FinCEN) told U.S. financial institutions to exercise caution when processing paper checks because they might be fake. Jokes aside, electronic transfers have indeed replaced paper checks for many consumer and business payments. Paper checks? Didn’t those go the way of the dodo?

CPA 238

CPA 238

SMBAccountant

MARCH 6, 2024

Accounting operates within its own language, a system of terms and conventions that serve as the backbone of financial communication and analysis. Understanding this unique language is essential for interpreting financial data, making informed decisions, and effectively navigating the intricate world of business finance.

accrual accounting 130

accrual accounting accounts payable Account accountant 130

SMBAccountant

MARCH 20, 2024

While these apps excel in peer-to-peer transactions, they may fall short when it comes to meeting the needs of small businesses seeking reliable payment solutions. Despite their widespread popularity, these platforms pose limitations and risks that can significantly impact business operations and financial security.

accounting and finance 130

accounting and finance accounting software Legal Tax 130

Acterys

NOVEMBER 27, 2023

In a rapidly changing business environment, companies turn to financial planning and analysis (‌FP&A) reports for a holistic understanding of business conditions and performance. Learn more about the major types of FP&A reports and how to leverage them to monitor your business’ financial health and performance.

financial statements 130

financial statements accounting and finance Sales accounting software 130

Airbase

DECEMBER 5, 2023

Business expense reports play a pivotal role in shaping the fiscal health and success of an enterprise. This blog explores the critical importance of these reports, delving into how they contribute to financial transparency, regulatory compliance, and the overall efficiency of business operations.

Approval Workflows 130

Approval Workflows Expense Management Entertainment Technology 130

SMBAccountant

APRIL 2, 2024

For small businesses, understanding various factors is essential. This includes budgeting, expense tracking, and reporting to ensure funds are used appropriately and in compliance with grant terms. These grant laws cover various aspects such as eligibility criteria, costs, reporting deadlines, compliance measures, and more.

Government 130

Government Account accountant accounted 130

Acterys

MARCH 13, 2024

Navigating Corporate Performance Management (CPM) needs has become a strategic force for businesses eager to harness data for insightful decision-making. Real-Time Data Processing: Enhancements facilitating instantaneous data processing and reporting, thus bolstering decision-making accuracy and timeliness.

Technology 130

Technology Finance 130

CPA Practice

MARCH 4, 2024

In October 2023, California became the first state to pass regulations for reporting greenhouse gas emissions (GHGs). The regulations are outlined in two bills, the Climate Corporate Data Accountability Act (SB-253) and the Climate-Related Financial Risk Act (SB-261). Reporting is required annually using a digital reporting platform.

California 119

California accounting and finance Government Finance 119

AccountingDepartment

MARCH 28, 2024

Efficient financial processes are essential for the success and growth of any business. However, managing tasks like invoicing, payroll management, and financial reporting can be time-consuming and complex, diverting valuable resources from core operations. This is where client accounting services come into play.

Account 85

Account accountant accounted NetSuite 85

Xero

FEBRUARY 1, 2024

Over the last 12 months, we’ve surveyed over 4,500 small business owners across the globe to find out how they’re managing cash flow amidst macroeconomic conditions such as high inflation and interest rates. Not being able to be paid will clearly have a flow-on impact on the personal finances of small business owners.

accounting and finance 106

accounting and finance bookkeeping Finance Account 106

Cherry Bekaert

FEBRUARY 22, 2024

Financial statement issuers must assess many items when planning to file a registration statement with the U.S. Securities and Exchange Commission (SEC), including which financial statements are required to be included in the registration statement. Our Accounting Advisory team regularly interprets and applies U.S.

financial statements 110

financial statements international accounting standards audit accounting standards 110

AccountingDepartment

MAY 16, 2023

Experienced business leaders know that accurately predicting future financial outcomes is a highly complex challenge. It’s a process not to be left only to logic that is based on reviews of combined financial reports from the past.

NetSuite 78

NetSuite Technology Account accountant 78

Going Concern

APRIL 17, 2024

Getting called out by senators in parliamentary ass-whoopings is one thing… …losing business is quite another. With consulting practices around the world struggling to drum up business these days, the timing couldn’t be worse. Imagine losing business to Grant Thornton. PwC Australia reported $3.4

Government 106

Government corporation tax Tax 106

ThomsonReuters

FEBRUARY 8, 2024

Staying up to date with GAAP standards Running an efficient and successful business isn’t easy. Therefore, when serving business clients, it is important that accounting professionals have the right framework to ensure that proper financial reporting procedures are in place to help with accounting assumptions.

Account 96

Account accountant accounted accounting principles 96

Cherry Bekaert

FEBRUARY 26, 2024

Contributor: Veronica Vannoy Cherry Bekaert offers outsourced accounting services to businesses that want to reduce costs, improve efficiency and focus on core operations. Our certified accounting professionals produce accurate and timely financial reporting, while ensuring confidentiality and data security.

Account 81

Account accountant accounted accounting and finance 81

Dent Moses

MARCH 13, 2024

In today’s business environment, companies are constantly seeking ways to optimize operations and enhance efficiency. Outsourcing accounting services can offer a myriad of benefits, revolutionizing a business’s financial landscape. One strategy gaining prominence is outsourcing, particularly accounting functions.

Account 98

Account accountant accounted Technology 98

Anders CPA

JANUARY 8, 2024

Jeanne Dee, CPA/CGMA, audit and assurance partner at Anders CPAs + Advisors (Anders), has been appointed to the Financial Accounting Standards Board (FASB) Not-for-Profit Advisory Committee (NAC) effective January 1, 2024. Louisans to Know to Succeed in Business by St. Louis Small Business Monthly.

Missouri 98

Missouri audit accounting principles accounting standards 98

SchoolofBookkeeping

APRIL 26, 2024

So, you're a small business owner. You've been managing your own books, stumbling through QuickBooks Online like a bull in a china shop, desperately hoping you're not accidentally committing financial seppuku. It's like having a personal trainer for your financial fumbles, except instead of building muscles, you're building reports.

quickbooks 98

quickbooks bookkeeping Account accountant 98

Withum

APRIL 9, 2024

In this article, we will explore the pivotal role of Enterprise Resource Planning (ERP) systems in preparing businesses for mergers and acquisitions (M&A). ERP is a system that integrates different business functions and processes, including accounting, finance, sales and supply chain management, into one platform.

accounting and finance 59

accounting and finance Finance Sales Account 59

Anders CPA

MARCH 5, 2024

Beneficial Ownership Information (BOI) reporting requirements directing closely held businesses to submit personal details about the beneficial owners to the Financial Crimes Enforcement Network (FinCEN) are now in limbo as the government prepares its response to the ruling. What are BOI Reporting Requirements?

Alabama 111

Alabama Legal Government CPA 111

Withum

JANUARY 26, 2024

Withum is proud to share that New Jersey business publication ROI-NJ has named Bill Hagaman, Ed O’Connell, and Pat Walsh to their 2024 Power Influencer List in Accounting. The Power List is published annually to recognize local business leaders in their respective industries.

Real Estate 111

Real Estate New Jersey accounting and finance audit 111

CPA Practice

SEPTEMBER 12, 2023

ESG has emerged as one of the top priorities for businesses worldwide as customers’, internal stakeholders’ and regulators’ demands continue to climb. Doing the right thing” is no longer simply a reputation booster for businesses. ESG reporting is truly at a watershed moment. By Michael Poveda, Partner, UHY LLP.

Government 111

Government 111

Cherry Bekaert

APRIL 24, 2024

companies are being urged to take action on sustainability and carbon reporting laws. Watch this video to learn more about what actions companies can take now to avoid potential legal and financial consequences. Learning Objectives: Understand the sustainability and carbon reporting laws in Germany and the U.S.,

Legal 52

Legal CPA Account accountant 52

AccountingDepartment

JULY 5, 2022

When performing the financial side of your small business operations, you'll come across several accounting and bookkeeping terms when making financial reports and balance sheets. However, they are two different financial practices in your business operations. One such term is accounts receivable.

accounts payable 81

accounts payable Account accountant accounted 81

CPA Practice

FEBRUARY 15, 2024

In a letter sent to leadership of the Senate Banking Committee and the House Financial Services Committee, the American Institute of CPAs expressed serious concerns with the Financial Crimes Enforcement Network Beneficial Ownership Information reporting requirement which went into effect on January 1, 2024.

cpas 81

cpas 81

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

GrowthForceBlog

MARCH 22, 2024

7 min read Most business leaders are familiar with their year-end financial closing process because it's closely associated with tax reporting. For this reason, lots of businesses end up putting off the work associated with month-end close, and this leads to their back-office work falling behind…

Finance 66

Finance bookkeeping financial statements Tax 66

Anders CPA

APRIL 26, 2024

Louis at the Salute to Business Achievement Awards. The award recognizes UMSL Business graduates who’ve made outstanding contributions to their community, profession and the university. Honorees are selected by leadership in the College of Business and the Alumni Association’s College of Business Alumni Chapter.

Missouri 52

Missouri accounting principles audit CPA 52

Going Concern

APRIL 12, 2024

The city’s audit committee, a monitoring body that tracks the findings and recommendations of Montreal’s auditor general, comptroller general and external auditors, makes the observation in its latest annual report. This situation worsened in 2023,” says the report, which was tabled in council in March. Tesla Korea was subjected to 25.1

CPA 87

CPA auditor Tax audit 87

AccountingDepartment

APRIL 26, 2021

Although individual financial statements each provide different snapshots of financial health, all financial reports reflect business activities that produce a company's profit or loss. Investors use the various reports as tools that inform investing decisions.

financial statements 97

financial statements Account accountant accounted 97

CPA Practice

FEBRUARY 27, 2024

In fact, if you have any sole proprietors who file Schedule Cs, QuickBooks Solopreneur is right sized to support their business. According to the Intuit QuickBooks Entrepreneurship in 2024 Report , as more people take the leap to work for themselves, solopreneurs are increasing in numbers. Separate business and personal expenses.

quickbooks 105

quickbooks accounting and finance Tax Finance 105

Going Concern

APRIL 22, 2024

Industry OG and commentator Gene Marks has written an opinion piece for The Hill about what audits actually are that is less opinion and more brutal fact: Why you should be very skeptical of that auditor’s report. Most of the time, auditors can confidently (and legally) shrug their shoulders and say “not my job.”

audit 101

audit auditor financial statements Education 101

CPA Practice

FEBRUARY 19, 2024

Most small businesses are feeling optimistic about growth in 2024 and their ability to expand over the next 12 months. Our survey of small business sentiment and cash flow data paints a deeper picture of the sentiment and overall health of small businesses today,” said Cory Kampfer, Co-President of Small Business Lending at OnDeck.

Kansas 114

Kansas Gaming Finance 114

Basis 365

JUNE 27, 2023

Running an eCommerce business comes with challenges, and accounting is a critical aspect that often poses difficulties. Accurate financial records, managing cash flow, ensuring compliance with financial reporting standards, and conducting financial analysis are all essential to running a successful eCommerce venture.

Account 98

Account accountant accounted accounting and finance 98

CPA Practice

SEPTEMBER 7, 2023

A new report from Xero , the global small business platform, shows that 48% of U.S. small business owners have experienced an extreme or high impact from inflation on their cash flow over the past six months, and 44% expect inflation to continue to have a similar impact throughout the next six months.

accounting software 124

accounting software Technology Account accountant 124