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However big or small your business is, you’re familiar with the notions of accounts receivable and accounts payable as integral parts of accounting. These two ledger lists are available on your balance sheet and indicate how well your business is performing. They act as two sides of an equation – if you neglect either side, it will affect the financial health and stability of your venture.
We have done it again. Acterys has been included in the Top-Rated Performance Management Vendors for 2022 by BPM Partners. Last year, Acterys entered the ring as the Best New Vendor in the Annual BPM Pulse Awards 2021. Acterys is now a returning champion securing an overall Excellent 4.6 rating for overall customer satisfaction and a whopping 94% user recommendation rate.
Gross margin is a critical metric for SaaS startups to measure and improve. Low margins aren’t healthy or sustainable for most SaaS companies, and gross margin is one of the Read More. The post Improve Your SaaS Gross Margin appeared first on Burkland.
There is a lot going on regarding taxes these days. For starters, Democrats are still trying to pass a smaller version of Build Back Better (BBB), the legislation that stalled in Congress last year. Senate Majority Leader Chuck Schumer and Senator Joe Manchin from West Virginia are leading the discussions because Sen. Manchin’s buy-in will be essential to passage of any tax legislation.
In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.
Now that we are halfway through the new year, most companies have wrapped up their books and records for 2021 and sent them to their accounting professionals for tax and audit preparation. While the inclination can often be to consider the cleanup of accounting records to be an annual process, there are real benefits to a business in having a month-end close process.
What kind of monster does this?! via r/accounting. That very edition — published in 2008 — is going for $50 used on Amazon and people have left reviews for it as recently as last year. This find could be a score for the right person! Is leaving accounting textbooks a nefarious plot to scare even more people away from accounting ? Hmmm… The post Would Whoever Is Leaving Accounting Textbooks in the Little Free Library Please Stop Immediately?
What kind of monster does this?! via r/accounting. That very edition — published in 2008 — is going for $50 used on Amazon and people have left reviews for it as recently as last year. This find could be a score for the right person! Is leaving accounting textbooks a nefarious plot to scare even more people away from accounting ? Hmmm… The post Would Whoever Is Leaving Accounting Textbooks in the Little Free Library Please Stop Immediately?
Australian Financial Review said this morning they are in possession of tax salary data that EY is providing to some of its teams internally : Staff in EY’s tax division have learnt for the first time the salary ranges paid for graduates, consultants, managers and directors as part of a pay transparency drive at the big four firm. A former EY partner said the rates were “disturbingly low”.
One of the most productive things accountants can do during their morning commute is expand their knowledge by listening to industry-related podcasts. No matter what area of interest or specialization you may have, there's sure to be a podcast to satisfy that need. If you want to improve your professional skills and expand your firm, skip the self-help books and head straight for a podcast.
The New Jersey Society of Certified Public Accountants (NJCPA) has named Joe Breen a 2022 Ovation Award winner in the Emerging Leaders category. Joe is a Senior Tax Accountant working in both the Construction Industry Team and Private Client Services , specifically with High Net-Worth Individuals. He is a teaching fellow and understands the value of teamwork and mentorship.
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
Withum is proud to share that Great Place to Work and Fortune magazine has named Withum as one of this year’s Best Workplaces in New York. Ranking at number 12 on the Large Business list, Great Place to Work recognized the Firm for its flexible work hours, team member appreciation initiatives, bonus days off and overall people-focused philosophy. Withum recently installed a new childcare reimbursement program , another benefit highlighting the Firm’s family-first values.
UK inflation is at a balmy 9.1% and rising, the job market is red hot, and accounting firm partners everywhere are digging through their kitchen junk drawers for all the buy-one-get-one pizza coupons they can find. It’s rough out there — for employers. eFinancialCareers is busy sharing details on Big 4 salaries across the pond in this blessed workers’ market and if you don’t follow them already you really should, their Morning Coffee newsletter is just full of lovely info
Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.
As an employer, you’re probably familiar with W-2 wages and how they work. But, have you ever heard of 3401(a) wages? If you offer retirement plans, it’s time for your crash course. Get the lowdown on what 3401(a) wages are, how they work, and other 3401(a)-specific rules. What are 3401(a) wages? The 3401(a) compensation definition […] READ MORE.
Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.
Starting your own business? Here’s why calling your friendly neighborhood CPA is the best first move you can make—and how you can make that happen. Reach Reporting’s Justin Hatch explains.
Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.
If you have previously worked with Power BI or any other self-service BI tool, then I am sure you have found the incredible value it brings to an organization when making important data-driven business decisions. Users no longer must come from an extensive coding or developer background to ingest data from disparate sources, design and create data models, or perform analysis on their data using a low code development environment.
Crypto has crashed–oops sorry, there’s a “crypto winter” and apparently that’s important for CPAs to be aware of. Mid-tier firms have crappy technology. “ Deloitte Consulting Analyst got minimum 15% base increase since May 2021 ” is something relevant to PwC UK staff getting a 9% pay bump to offset cost of living according to one Redditor though we aren’t sure why.
For instance, you need to understand how Shopify works and how much you’ll be expected to pay for your store. Before you set up your Shopify store, you may be asking questions like: How much is Shopify? Which payment details should I provide? Is it profitable to sell on Shopify, and does Shopify take a percentage of sales? It’s important to be aware of how much you’ll be charged for setting up a Shopify store so that nothing comes as a surprise.
Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.
Following the increase in the Bank of England base rate to 1.25% earlier this week, HMRC has confirmed that it will raise interest rates on late tax bills by a further 0.25%. This means that the late payment interest rate will increase to 3.75% from 5 July 2022. The rate last increased to 3.5% on 24 May. This is the highest rate since the height of the financial crisis in January 2009.
• According to accountants, the biggest financial issue for small business clients is a cash flow squeeze (52%), yet only a quarter of firms offer cash flow management support. • The latest research report from iwoca suggests the answer to this is Open Banking – accounting firms are currently missing a key opportunity to use this technology to help small businesses through these periods of economic uncertainty. • Open Banking enables accountants to meet clients’ needs by matching services to the
“You cannot do kindness too soon, for you never know how soon it will be too late.” — Ralph Waldo Emerson. Sometimes we get stressed. The client needs something pronto. We pressure staff to get work done. We are backlogged on review. Many people want our attention. There seems to be question after question from the team. There seems to be interruption after interruption.
Podcast host Doug Davidson and Lisa Patt-McDaniel go way back. Not only did he make the introduction to her husband, but he influenced her professional career while attending Miami University. From politics to public service, Lisa’s passion for people continues to make an impact. Podcast host Doug Davidson and Lisa Patt-McDaniel go way back. Not only did he make the introduction to her husband, but he influenced her professional career while attending Miami University.
Documents are the backbone of enterprise operations, but they are also a common source of inefficiency. From buried insights to manual handoffs, document-based workflows can quietly stall decision-making and drain resources. For large, complex organizations, legacy systems and siloed processes create friction that AI is uniquely positioned to resolve.
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