Top 15 Accounting Blogs You Should Be Reading - Daddy Tv

Whether you’re doing the accounting yourself or working with an external party, these phrases will come up. Talking the talk will help you make better choices for your business. what is a cash discount definition meaning example These 15 terms will create the foundation on which you’ll build your knowledge. If you limit your accounting to material transactions, you can save time for your business.

It’s also a reliable source of information for individuals preparing for accounting certification exams or hoping to advance their careers in the accounting profession. Wolters Kluwer BlogAbout – Read the latest information from the world of tax and accounting at The Word, our Wolters Kluwer blog. Inform Accounting BlogAbout – We are a modern, tech-savvy accountancy firm, using the best of today’s technology to help your business grow (and save money in the process).

This blog tends to skew on helping keep accountants and small businesses productive in their firms. Being a fellow Canadian accounting professional and member of CPA Canada, I’m once again inclined to include this as a blog to check out for all CPA Canada members. Our professional bodies need to be more helpful in keeping firm owners and small businesses ahead of the curve.

1. Wolters Kluwer BlogAbout – Read the latest information from the world of tax and accounting at The Word, our Wolters Kluwer blog.
2. With nearly 300 episodes and counting, it’s no wonder everyone keeps tuning in.🎧Why should you get to know your bookkeeping clients?
3. AICPA (American Institute of CPAs) Insights is undoubtedly among the most well-known accounting blog.
4. Here are the documents and calculations we recommend picking up, even if you work with a professional consulting agency or have hired a certified public accountant (CPA).

Join an online community of peers where you can chat (and occasionally commiserate) about the accounting business. Read all about what the New York Times says about accounting and accountants. AccountingWEBProduced by the UK-based SIFT media company, it covers tax, technology, bookkeeping, and more. You can stay up-to-date by subscribing to their free newsletter.

When Congress passed the Tax Cuts and Jobs Act in 2017, the limitations placed on deductions of state and local taxes, SALT, created new challenges for accountants. As a result, Brian Strahle created the Leverage SALT blog to help fellow accountants and businesses deal with the new regulations. The MACPA Blog is run by Bill Sheridan of the Maryland Association of Certified Public Accountants. Sheridan takes an upbeat approach to the accounting profession and frequently heaps praise when accounting firms get recognized for their community efforts. The WeArePF blog provides actionable insights and marketing guidance.

In the accounting world, if you offer advisory services in your firm, Fathom has some great accounting bloggers on their team. Brought to you by the makers of the accounting software product, Sage, here’s a blog that has a bunch of helpful content for those running a firm. Blake Oliver is one of the OG’s in the world of cloud accounting and accounting technology, and his content is among some of the best out there. Be sure to sign up for his newsletter and to follow his podcast for your accounting solutions.

These blogs were chosen based on their popularity, post quality, and post frequency. All of these blogs are also actively posting new content as of June 2018. Blogs are a fantastic and severely underrated method of staying up to date on all kinds of interesting subcultures and industries. Whether you’re an established accounting professional or just getting started, your information workflow will always be a work in progress. However, you might just give yourself an edge and fast-track your professional growth with these tips to staying connected. Host John Garrett believes that taking time to share personal interests helps us all perform better as professionals.

Sometimes, this extra data can help the public image of a company or clarify the value of a company’s investments. All financial reporting methods should be consistent across time periods. It makes sure that you can compare financial reporting across a company. Say you’re comparing two departments, but they record the same transactions in different ways. This would make it difficult for stakeholders to compare them.

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At the same time, you want to make sure that financial information that’s important to stakeholders is easy to access and review. The accountant provides an accurate financial picture of the company. This principle regulates how accounting works as a profession. Without it, every company would manage finances in its own way. As an accountant, you need to be able to offer timely suggestions and recommendations to your clients. Keep track of where information is for all of your different clients.

Michigan Accounting Blog by BHT&D CPAs

When a close friend needed advice on starting her firm, Ben sprang into action. Private equity fund accounting includes compliance methods for reporting revenue. In this guide, pop the lid on private equity investments, to have a stronghold in your next finance meeting.

A business with healthy (positive) equity is attractive to potential investors, lenders, and buyers. Investors and analysts also look at your business’s EBITDA, which stands for earnings before interest, taxes, depreciation, and amortization. Capital refers to the money you have to invest or spend on growing your business. Commonly referred to as “working capital,” capital refers to funds that can be accessed (like cash in the bank) and don’t include assets or liabilities. To calculate your burn rate, simply pick a time period (such as a quarter or a year). Subtract your on-hand cash amount at the end of that period from your on-hand cash at the beginning, then divide that number by the number of months in the period (or by your chosen cadence).

SJ Gorowitz, P.C. – Accounting and Tax Articles and News

Many businesses operate out of a cash account – or a business bank account that holds liquid assets for the business. When a company pays for an expense out of pocket, the cash account is credited because money is moving from the account to cover the expense. This means the expense is debited because the funds credited from the cash account are covering the cost of that expense. If you have these abilities, you may be able to do a lot of your accounting yourself. If you need outside help, knowing these skills will help you choose a valuable business partner. If you’re on the prowl for an accountant, you want to find one that listens.

It can help accountants differentiate themselves in a crowded market, attract new clients, and grow their business through effective marketing strategies. Whether you’re a seasoned pro or just starting out, these blogs are the perfect way to spice up your daily dose of accounting (and let’s face it, who doesn’t need that?!). Here’s our selection of the top 13 accounting blogs to follow in 2023. Let Jetpack Workflow help you and your team stay up-to-date on changes in the accounting industry. Use Jetpack Workflow’s workflow management system to assign articles and set aside time for research and educational development.

To help you find the best of the best, we’ve cultivated a list of the top 50 https://intuit-payroll.org/s in no particular order. Stay informed with this list of blogs, podcasts, and resources for small business accounting professionals. CPA Practice Advisor provides readers with technology and practice management information to align with the changing needs in the accounting and tax industry. There is a TON of information out there and plenty of authors pushing out great content.

Powered by Intuit, Firm of the Future is your must-read blog if you are looking for expert advice and become an innovative firm of future. This blog is a great way to help you discover new ways to your accounting practice and become a strategic and technology advisor to your clients. You can explore various categories, such as QuickBooks, Networking, Technology, Client Relationship, etc.

We believe everyone should be able to make financial decisions with confidence. If the nature of your business is seasonal, you can tailor different factors, like the frequency of your evaluation, to this cycle. For instance, you might require more reviews of your accounting process during high season and fewer during slower months. The best way to do so is to educate yourself on your business’s tax obligations, keep accurate records, and set aside revenue (or pay ahead in quarterly taxes).