Here we are again at the end of another month in 2016. As usual, we like to do a web round up of what we at the Rules of Thumb blog from MoneyThumb.com feel are the best accounting-related posts for the month. For October, the following accounting blog posts get our vote as best:
Best Accounting Blog Posts for October 2016
From the blog Ledgers Online, this post, 5 Tips for Maintaining Positive Cash Flow, has great advice for both accountants and other small business owners. Read and learn about ways to maintain positive cash flow.
From Bloomberg BNA's accounting blog, this post, Accounting and Auditing Highlights for October 2016, will help accountants stay up-to-date on changes in accounting laws, standards, and news related to accounting and accountants. For instance, "Oct. 4: The American Institute of CPA’s issued four proposals with specific guidance for applying the revenue recognition standard for the gaming industry, asset managers, software providers and users and the telecommunications industry. This brings to nine the number of industry-specific applications in the works from the AICPA for complying with the Financial Accounting Standards Board’s Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers, which takes effect for most publicly traded companies in 2018."
The blog at Big4.com deals mainly with those who work for or desire to work for one of the Big 4 accounting firms. But this post, Approaching a Friction-less Process in the Cloud, is a great read for all accountants and firms, big and small. According to this blog posts, "One of the most interesting findings from The Global State of Information Security® Survey 2017, released by PwC US in conjunction with CIO and CSO, goes beyond the fact 59% of respondents reported increased cyber security spending as a result of digitization to the point 63% of survey respondents say they run IT services in the cloud.
When advanced technologies and cloud architectures combine and work together, organizations are more nimble at responding to threats, according to David Burg, PwC’s US and Global Leader, Cyber Security and Privacy."
Sleeter.com's Accountex Report, which they consider the accounting technology source, has this great post with step-by-step guides and screenshots to help you along, A New Way to Reconcile QuickBooks Online.
And last but certainly not least, AccountingDepartment.com has a post that every accountant will find helpful, Five Tips to Get Clients to Pay On Time. I am sure you all agree that this is a problem all accountants face from time to time, great advice here.
Leave a reply