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How Accountants Can Help Clients Navigate the New World of E-Invoicing

CPA Practice

In the midst of the accounting profession entering a brave new world where digitization of tax and accounting processes is increasingly the norm, it should come as no surprise that the humble invoice is now in the crosshairs of governments around the globe, including the U.S. And in lock step, though behind the curve and less visible to U.S.

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Navigating the World of Bookkeeping for Marketing Agencies

Steve Feinberg

Every digital marketing agency should have a proper bookkeeping system in place to manage their preferred cash flow, whether that’s cash and accrual accounting, single-entry, or double-entry bookkeeping. Marketing agencies should choose their bookkeeping system based on their preference and accounting needs.

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How firms can create inclusive workplaces to retain LGBTQ+ accountants

ThomsonReuters

To combat this alarming rate of departures from the tax & accounting profession, employers need to focus on creating an inclusive culture where all voices are valued and respected. For related information on this topic, learn about how tax and accounting firms can develop an ESG narrative.

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Monday Morning Accounting News Brief: Inside PwC When Scandal Breaks; SCOTUS Makes CPAs Nervous | 8.5.24

Going Concern

Related to the above, Financial Review published an excellent long read on what it was like inside PwC when the tax scandal story was breaking last year , part one in a series. Goethe called double-entry bookkeeping one of the finest inventions of the human mind. The disclosures were not well received. “We

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Accounting Cost For Small Business: How Much An Accountant Costs Your Small Business

Snyder

What are the peculiarities of bookkeeping for small businesses? Double-entry bookkeeping, transaction recording, reconciliation, getting invoices paid and bills covered – the entire process is centered around making sure that your bank account is in balance with your books records.

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Role of CPAs in the Overall Economy

Withum

Money does not get invested, committed or taxed without those involved having an understanding of the underlying activities. Contact Us If you have any tax, business, financial or leadership or management issues you want to discuss please do not hesitate to contact me at emendlowitz@withum.com or click here.

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The Playbook for SaaS to Convert from Cash to Accrual

inDinero Accounting

double-entry) and expense is of value to your future success? Why recurring revenue needs double-entry bookkeeping. As SaaS revenue streams have become more flexible, double-entry bookkeeping has remained integral to running a subscription business model. You’ve got the playbook.