CPA Practice

DECEMBER 6, 2024

Brian Tankersley, CPA, and Randy Johnston provide a recap of the 2024 CCH Connections user conference. Tankersley, CPA.CITP, CGMA 00:00 Welcome to the accounting Technology Lab, sponsored by CPA practice advisor, with your hosts, Randy Johnston and Brian Tankersley. Ai, so think about it, General. Ai, productivity. Ai, industry.

Technology 98

Technology accountant accounted Account 98

CPA Practice

DECEMBER 22, 2023

By Kaitlin Accardi, CPA. In addition, as with all forms of fraud, segregation of duties and oversight of individuals with access to the general ledger are key to mitigating manipulation. According to the Federal Trade Commission (FTC), the Consumer Sentinel Network received 2.4 million fraud reports in 2022.

Expense Reimbursements 117

Expense Reimbursements payroll financial statements general ledger 117

CPA Practice

JUNE 19, 2024

The integration of timekeeping data with the general ledger, as stipulated by DFARS and the Standard Form 1408 Preaward Survey, ensures a seamless flow of information from time recording to financial reporting. This aspect underscores the system’s flexibility while maintaining its rigor.

Government 115

Government general ledger audit accounting system 115

Snyder

SEPTEMBER 20, 2022

However, the account reconciliation process usually takes place at the end of the accounting period to ensure the general ledger account balance is complete and accurate. Checking account reconciliations generally requires two pieces of data to match. Account Reconciliation Process Step #1: Checking general ledger.

general ledger 98

general ledger accountant accounted Account 98

CPA Practice

AUGUST 9, 2024

Hosts Randy Johnston and Brian Tankersley, CPA, review CYMA Payroll , a system designed for providers offering volume payroll processing and unique markets that process complex payroll. You know, in the old days, we used to say glamper, General Ledger, AP and so forth. They also have a not for profit addition. But Brian F.

payroll 119

payroll Technology accountant accounted 119

Withum

OCTOBER 17, 2023

With all these different funding sources, it is imperative that healthcare-related not-for-profits have a general ledger system that can support both financial reporting and operational efficiency. A general ledger system is a software application that records and summarizes the financial transactions of an organization.

general ledger 64

general ledger Non-Profits Healthcare accounting principles 64

CPA Practice

DECEMBER 3, 2024

Availability: Early adopter in all regions Localised Features for France: Sage Intacct manual lettrage allows for tracking the evolution of general ledger accounts and production of accurate entries.

general ledger 59

general ledger Non-Profits accounting and finance Finance 59

CPA Practice

SEPTEMBER 11, 2024

This Canopy and CPA Practice Advisor survey asked respondents to share where they currently were and where they thought their firms would be three to five years from now on topics like automation, AI integration, workforce dynamics, remote work models, client interaction, digital transformation, security and more.

accountant 121

accountant accounted Account Technology 121

CPA Practice

MAY 26, 2023

With an experienced and trusted tax professional providing assistance, you can resolve the matter expeditiously.

audit 138

audit general ledger income tax tax return 138

TaxConnex

APRIL 4, 2023

First, consider engaging a specialist such as a CPA or sales tax expert to both keep you clear of audit triggers and to prepare you in case the taxman does come knocking. No matter how it happens, being audited also ranked among our survey respondents’ biggest worries when it comes to sales tax. Presenting your information is a balance.

audit 130

audit Sales auditor Tax 130

CPA Practice

SEPTEMBER 6, 2023

From the advent of first-to-market generative AI systems like ChatGPT, to highly specialized, accounting-focused systems, proponents of AI are fervent in their belief that the technologies will dramatically improve client services, firm management, small business accounting and many other areas of operations.

Technology 122

Technology accounting and finance Tax CPA 122

Withum

JANUARY 24, 2023

Whether it be seeking a bank loan, meeting regulatory requirements, or preparing for sale or initial public offering, all avenues lead to CPA-audited, reviewed or compiled annual financial statements. Establishing an open line of communication and setting expectations with your CPA will lead to an effective and efficient audit process.

audit 69

audit auditor general ledger cpa firm 69

CPA Practice

OCTOBER 19, 2023

Transfer job cost and general ledger data to existing ERP. Automate applying prevailing wage and fringe rates for government funded projects. Manage and assign union wages and benefits. Create Certified Payroll and Union reports within the system.

Construction 119

Construction payroll general ledger payroll tax 119

CPA Practice

MAY 25, 2023

With an experienced and trusted tax professional providing assistance, you can resolve the matter expeditiously.

audit 130

audit general ledger income tax tax return 130

Cherry Bekaert

JUNE 5, 2024

In response to the talent shortage and the declining number of certified public accountants (CPA) professionals, many corporate accounting departments are relying on professional services firms to fill the gaps. billing, collections, procurement, accounts payable, payroll general ledger).

accountant 75

accountant accounted Account general ledger 75

Withum

JUNE 16, 2022

Outlier Detection for General Ledger. Once your bank or credit card transactions are imported you can easily record them into the general ledger and reconcile your accounts. Author: Amberlyn Casey , CPA | acasey@withum.com. The outlier detection will note if an entry is coded to an unusual account or dimension.

general ledger 59

general ledger Accounts Payable Automation Approval Workflows accounts payable 59

CPA Practice

APRIL 3, 2024

In addition, Botkeeper Infinite introduces the “Activity Hub” module—offering a centralized space within the platform for all comments, feedback, and interactions—and “Bot Review,” which automates searching through the general ledger to find variances and exceptions.

Technology 64

Technology general ledger bookkeeping accounting software 64

Snyder

AUGUST 12, 2022

Those wishing to work for larger companies pass the examination necessary to become a CPA, a Certified Public Accountant, who can represent their clients before the IRS, work for a public company, and assist with an array of official bureaucratic and financial matters on all levels. Otherwise, you can outsource accounting to a CPA firm.

bookkeeping 98

bookkeeping accountant accounted Account 98

Going Concern

MARCH 17, 2023

Restoring Exam credits expired during COVID would help address CPA shortage [ AICPA ] The accounting profession is confronted with a talent shortage, and reinstating CPA exam credits that have expired since January 1, 2020, could have an immediate impact on our CPA pipeline.

Government 97

Government Gambling audit CPA 97

Anders CPA

JULY 12, 2022

While there is a lot of useful information in the accounting records, there is also a lot of evidence that is contained outside of the debits and credits of the general ledger. The post What to Expect During a Fraud Examination appeared first on Anders CPA. CONTACT ANDERS.

forensic accounting 97

forensic accounting general ledger Start-ups Sports 97

CPA Practice

MAY 21, 2024

Connected technologies : Applications that connect and synchronize with each other and share information. Collaborative technology : A digital environment for firms and their clients to collaborate—with access to and the ability to work in shared files.

Technology 69

Technology general ledger bookkeeping accounting firms 69

Snyder

JUNE 20, 2022

You can choose how to deal with your small business accounting, several options are available: Employ a full-time specialist to cover your bookkeeping and accounting needs; Outsource accounting to an independent CPA or an accounting firm. Set up a general ledger. So let’s proceed to small business accounting basics.

accounting basics 52

accounting basics general ledger accountant accounted 52

Going Concern

SEPTEMBER 25, 2023

In that capacity, Urban was responsible for maintaining the company’s general ledger, preparing financial statements, and reconciling the company’s accounts payable and receivable and bank statements. Therefore, there were no controls that could be evaluated.”

tax preparation 105

tax preparation Gambling accountant accounted 105

CPA Practice

OCTOBER 15, 2024

At statement closing, PivotLynx automates the reconciliation between the card statement and the general ledger, eliminating manual accounting steps. The integration allows virtual card spending controls to be individually applied. Eligible American Express U.S.

general ledger 52

general ledger cost accounting accountant accounted 52

CPA Practice

MAY 26, 2023

With NetSuite for Government, agencies can automate: Core Fund Accounting: Helps agencies to efficiently manage finance and accounting with integrated general ledger, accounts receivable, accounts payable, cash management, statistical accounting, allocation schedules, and real-time reporting capabilities.

NetSuite 52

NetSuite Government general ledger Approval Workflows 52

Shay CPA

DECEMBER 7, 2022

General ledgers. The post Shutting Down a Tech Company – Some Tax/Accounting Tips appeared first on Shay CPA. Here at ShayCPA, we’ve seen countless examples of founders not filing FINAL tax returns and consequently finding out later on that they left multiple tax periods open. Don’t let that happen to you.

tax accountant 59

tax accountant Tax tax return accountant 59

ThomsonReuters

MAY 12, 2022

If your business has been selected for an audit, consider using a specialist, such as a CPA, a sales tax expert, or a tax professional who specializes in state and local taxes (SALT). Be prepared to produce additional financial documents, including general ledgers and sales journals. can help ensure a smooth process.

audit 105

audit Sales Tax auditor 105

CPA Practice

FEBRUARY 9, 2024

Hosts Randy Johnston and Brian Tankersley, CPA, discuss the Acumatica Summit, which they attended in Las Vegas in late January. So they would look at how many checks you wrote how many general ledger entries you made, how many, how many invoices you sent, and all kinds of other things like that, they would come up with a number.

Technology 64

Technology accountant accounted Account 64

CPA Practice

SEPTEMBER 26, 2024

Integrated into audit workflows, this enables customers to seamlessly ingest client data to automate audit steps from within the solution, including trial balance, general ledger and subledger detail import and coding, risk analysis to optimize sample selection, and testing of details.

auditor 59

auditor audit general ledger Technology 59

Snyder

NOVEMBER 29, 2022

To even be eligible for consideration, a product must: have at least 20 unique user reviews in the last 24 months; be a stand-alone Small Business Accounting software product; offer the following features: For Small Businesses; Accounts Payable; General Ledger; Accounts Receivable.

E-commerce 52

E-commerce small business accounting software general ledger small business accounting 52

CPA Practice

JANUARY 23, 2024

This complementary pairing can help organizations collaborate across tax, finance, and other operational areas; collect and manage data from various source systems, including the general ledger, subledgers, and more; and better model future impacts of the new requirements. International tax compliance is incredibly complex.

general ledger 59

general ledger Technology Finance Tax 59

Shay CPA

DECEMBER 27, 2023

Finally, export and download the following to add to your file: General ledgers Financial statements Accounts payable Accounts receivable Obviously, you can’t just lock the door and walk away. Here’s What You Need to Know appeared first on Shay CPA. When you’re closing a tech company, there’s a lot you need to get handled.

general ledger 52

general ledger Delaware payroll accounts payable 52

MazumaBusinessAccounting

MAY 27, 2021

Luckily, Ben Sutton, Mazuma’s co-founder and CPA, took the time to explain how an income statement and balance sheet work. Or they can help you decide if it’s time to expand your business. As helpful as financial reports are, they can only help you if you understand how to read them.

Entertainment 98

Entertainment accounting and finance accounting degree Tax 98

CPA Practice

JULY 6, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss models for technology governance. And like said it, it almost seems like the kind of consultation I might have if I was leading a CPA firm tech committee retreat, and we were trying to look at the systems they’re using and figure out where they need to go.

Technology 98

Technology Government audit quickbooks 98

CPA Practice

MARCH 4, 2024

For instance, an intelligent general ledger anomaly detector can analyze a company’s ledger data to identify irregular transaction clusters or booking patterns and extract data outliers for more investigation. As such, auditors can use AI capabilities to support risk detection.

auditor 69

auditor audit general ledger Technology 69

CPA Practice

AUGUST 3, 2023

BlackLine’s quick time-to-value 5-Day Fast Track includes: Implementation of BlackLine’s Modern Accounting Playbook (MAP) for Financial Close offering including Task Management, Account Reconciliations, and Transaction Matching solutions Set-up of a connector for ERP platforms most commonly used by midsize companies Data integration from multiple sources, (..)

general ledger 52

general ledger accounting and finance accounting software Healthcare 52

CPA Practice

OCTOBER 3, 2023

But with Billy the Bot now performing such time-consuming manual tasks as coding invoices to the correct general ledger accounts, the AP team has seen their responsibilities shift to projects that add much greater value to the business. Today, we think of Billy as a team member, not an AI.

AP Automation 59

AP Automation Technology Accounts Payable Automation accounts payable 59