The world of accounting has witnessed a significant transformation in recent years, thanks to the advent of automation technologies. Gone are the days of manually crunching numbers and sifting through mountains of paperwork. Today, accounting https://deandorton.com/embrace-automation-within-accounting-or-get-left-behind/
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Automation: Finances With Shorter Close Times
The COVID-19 pandemic has sparked a fascinating conversation about the future of work, automation, and the end of the traditional office. It seems all but certain that remote work will play a bigger role than before. Most see this as either https://deandorton.com/automation-finances-with-shorter-close-times/
It’s Time! 7 Reasons to Give QuickBooks the Boot
7 Reasons to Give QuickBooks the Boot In the past, using QuickBooks for your financials was probably a worthwhile solution. So many businesses look to it when they’re starting out, but now that your business has grown, and become more complicated, https://deandorton.com/quickbooks-boot/
The Tax Gap: A Measure of Taxpayer Compliance
By: Erica Horn, CPA, JD | ehorn@deandorton.com The IRS periodically measures overall compliance of taxpayers with their federal tax obligations. The difference between actual compliance and full compliance is referred to as the “tax gap.” The most https://deandorton.com/the-tax-gap-a-measure-of-taxpayer-compliance/
Nonprofit Finance Committee – Financial Management
As we noted in the first article of this series, a key role of the nonprofit finance committee is to assess the organization's financial health and performance. The finance committee should review various financial data and ratios to accomplish this https://deandorton.com/nonprofit-finance-committee-financial-management/
What is Data-Driven Decision Making for Finance Leaders?
There’s an old saying that everyone loves an underdog. We like cheering for the downtrodden and urging on the slowest runner. However, being the underdog in today’s cutthroat world of business isn’t usually a feel-good story with a happy https://deandorton.com/what-is-data-driven-decision-making-for-finance-leaders/
2017 Mid-Year Sales Tax Changes
Repost from Avalara Dealing with change is standard operating procedure for many companies: employees leave and are hired; new products are introduced and old ones phased out; there are booms, and there are busts. On top of all that, companies need https://deandorton.com/mid-year-sales-tax/
Micro Horse Owners Are in It to Win It, but What About the Tax Burden?
This article was first published in the May 2022 edition of the Blood Horse Magazine Written by: Jen Shah, CPA Over the past few years, we have seen an increase in large ownership groups participating in our sport, particularly on the racing side. https://deandorton.com/micro-horse-owners-are-in-it-to-win-it-but-what-about-the-tax-burden/
2017 OIG Work Plan: Bulls Eye on Skilled Nursing and Hospice
The 2017 OIG Work Plan was issued by the Office of Inspector General on November 15, 2016. Historically, we have seen the Medicare Part A & B Work Plan focus primarily on hospitals with a few items for skilled nursing, home health, and hospice. https://deandorton.com/2017-oig-work-plan/
Using Sage Intacct Attachments
They say, “A picture tells a thousand words”. Since many accounting transactions result from some type of document, doesn’t it make sense to include that document with the transaction, so that we see the full picture? That’s where Intacct https://deandorton.com/using-intacct-attachments/