They talk about everything from future trends to the fundamental struggles of running a practice. For the audiophiles out there, check out these podcasts to take in your accounting news by listening to real conversations with real people. Future FirmWant someone who’ll give you actionable advice for scaling your accounting or bookkeeping firm? Look no further than Ryan Lazanis, a straight-talking CPA who shares the lessons he learned while building his own modern firm from scratch in only 5 years.
Unfortunately, it is not an option anymore, but the IRS did make some changes to simplify reporting on Schedule C. Coenen likes to keep her clients informed with blog posts such as Recognizing the Signs of Fraud, Finding Bribery and Corruption Schemes and How Not to Get Swindled by Your Financial Advisor. Accountants from the firm of Belfint Lyons and Shuman have put together The Belfint Nonprofit Ledger specifically for nonprofit accounting.
- If you’re thinking of starting up your own bookkeeping business, there’s a lot of helpful advice too with a special section called 5MB Academy.
- The articles in the accounting segment of the blog will be helpful to many accountants working with different kinds of software.
- Ultimately, as long as you bring a different take on the accounting blog to your site, you should have no problem developing a successful accounting business blog.
- That would be Accounting Coach, where accounting instructor Harold Averkamp has created a meticulously organized end-to-end educational resource for accounting professionals.
With a primary focus on whistleblowers, this blog can provide interesting information for accounting professionals regarding unsavory financial practices. Although this blog features accounting and finance as its primary focus, an interesting secondary focus to many of their posts involves business management. This makes for an excellent blog for accounting professionals who work in upper management. Get useful insights and trend highlights for all things tax and accounting. AccountingWEB is a community site that is dedicated to improving the best practices and services of accounting and tax professionals.
A cash flow statement analyzes your business’s operating, financing, and investing activities to show how and where you’re receiving and spending money. Regardless of how you manage your business accounting, it‘s wise to understand accounting basics. If you can read and prepare these basic documents, you’ll understand your business’s performance and financial health — as a result, you’ll have greater control of your company and financial decisions. Being a rockstar accountant is more than just being good with numbers. You need a vast array of knowledge on tax codes, financial regulations, and the best practices for maintaining a healthy balance sheet. Then, you need the soft skills to apply your knowledge to the real world.
Another Accounting Firm Has Had Its Data Breached
However, it‘s normal (and recommended) to audit your process at the end of every month, quarter, and year. This way, nothing slips through the cracks or becomes a problem that’s too large to bounce back from. Ecommerce platforms like Shopify, BigCommerce, and WooCommerce often provide built-in payment gateways. These are always the easiest to adopt as they’re already integrated with your website. Collecting money in person (at a storefront, marketplace, etc.) can get pricey.
The topics that are being covered include financial tax and accounting software, free and personal software, and much more. They also post informative software comparisons and a lot of educational material. The best thing to think about is how you will bring something different to the table in terms of accounting blogs.
It doesn’t matter if you love crunching numbers or consider yourself the more creative type. Entrepreneurs have to be aware of the financial health of their businesses and have a good grasp of accounting basics. Jason Blumer runs Thriveal with his partner and he always has awesome content for modern firms on his blog.
QX Accounting Services Blog
The blog discusses management of nonprofits, human resources, finances and fundraising. Content Snare covers it all, from accounting jokes and productivity apps to financial planning questionnaires. Our blog is a valuable resource for accounting pros who want to understand the latest industry trends and tools. Heather Smith’s small business blog is an invaluable resource for firms eager to improve internal processes and become more productive.
Newsletters
I’m a fan of the GoingConcern blog because it keeps things pretty light-hearted (and they tend to place a few digs on the Big 4). Some of the accounting newsletter topics that would be ideal are the topics that would make a great series read. You could write a series on the most frequent reasons that small businesses file for bankruptcy. In the series, you could fully elaborate on each reason, turning them into a full post. Accounting is a universal principal, but not a universal language.
Montreal Financial Blog
You can learn a lot from it, from new tools and professional development tips to CPA exam instructions. The Journal of Accountancy focuses on the most important trends in the accounting industry. 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. However, national boards do regulate accounting best practices and professional standards. Some of these large-scale organizations are formed around specific activities, like investing and government accounting.
At the same time, Book Mark Lee has tons of career development content that provides guidance for building a successful career in the accounting industry. The blog’s focus on the future of the accounting profession makes it an excellent resource for accounting professionals who want to adapt to the rapidly evolving business landscape. At the same time, Future Firm’s posts help entrepreneurs eager to try their luck in the accounting world.
Accounting Blogs Worth the Read
The site features original stories from accounting experts and news from a variety of credible sources. It also has a section for live events where accounting professionals can find webinars and conferences. It’s an invaluable resource for those in the accounting profession. From accounting software selection to filing taxes to client relationships, Ignition has the scoop. If you’re looking to improve your accounting game or stay ahead of the curve, this blog is for you.
The Journal of Accountancy is an invaluable resource and a leader in its field. It publishes timely, relevant, and solution-based articles beneficial to all who want to stay door hangers are informed on the latest news and industry trends. The website regularly conducts salary surveys and provides insight into the compensation criteria of top accounting firms.
Here’s how that would be recorded in your financial records before that amount is paid out. If you limit your accounting to material transactions, you can save https://quickbooks-payroll.org/ time for your business. At the same time, you want to make sure that financial information that’s important to stakeholders is easy to access and review.
This blog does have a focus on accounting concepts along with general accounting and finance news. This gives us an opportunity to share the knowledge we have and offer detailed guidelines. Synder has a very active blog with posts being issued, not every week but every day. Those thoughtful articles and guides are actually answers to the most commonly asked questions related to business and accounting software, and other latest trends in the field.
In exchange, you should provide employees with a W-2 form, which summarizes their yearly gross pay. (Hallelujah for modern-day technology, right? 🙌🏼) Check out solutions like Gusto, Zenefits, and Intuit Quickbooks Payroll. Perhaps you’re managing on your own for now but are considering expanding in the future. Regardless, you’ll need to understand and secure a payroll system. For your first order of business, decide where to keep your money.