These blogs are integral to the accounting world, and a good accounting blog is worth its weight in gold. As a team, we’ve been to so many conferences and events that we’ve seen all the good, the bad, and the ugly that any event has to offer. It’s no surprise that when we host our own events, we take the good and make it better, and we completely reinvent the bad and ugly.
Ace Cloud Hosting is the premier source of information and advice on accounting and cloud technology to help your business. But, accounting is a constantly evolving industry and has so many subcategories, so you cannot thrive by limiting yourself to the stagnated accounting skills. To grow, innovate, and become an exceptional accounting professional, you need to learn and develop your skills continuously.
You might start your business accounting recording every transaction. But as your business grows or circumstances change, you may want to revisit the way you record and report small transactions. It’s also a good idea to set your fiscal year when you start your business. Business moves fast, and many companies rely on in-progress projects and income to meet goals.
Your business can decide which transactions are “material” and which are not. Enterprise companies will approach what is and is not “material” differently than a small business would. If something isn’t “material” it’s something the business feels is too small to mention. It makes it easier for stakeholders to understand and compare performance because it separates it into short periods of time. It also makes it easier for them to see what the most current financial information is. All accounting entries should be reported during relevant time periods.
Cloud accounting software comes equipped with role-based dashboards that allow SaaS CFOs access to by-the-second financial updates. One of the primary concerns centers on how AI will affect accounting jobs and the career outlook for tax professionals. While AI is undeniably changing the face of the industry, it also holds positive implications for the future of accounting. The world of finance is alwayschanging, and an accountant’s work must be on a par with the current standards and practices. Websites, blogs, journals, trade magazines, and social media are some of the ways to stay tuned to new developments in this field. Ultimately, state and territory boards of accountancy regulate accounting firm licensure processes.
Make it a point to connect with other professionals who are learning about financial accounting. Being part of a network of dedicated learners can provide support and motivation as you hone your accounting skills. People in your network may have run into similar challenges you’re facing, and you can offer each other perspective and support, in addition to celebrating one another’s successes. A community aspect might be built into an online program you’re taking, or you may need to find other ways to reach out to like-minded professionals and grow your network.
Veronica Wasek has hundreds of posts on her blog explaining accounting tasks in five minutes or less. Rita Keller has been providing advice to CPAs for over a decade on her informative blog. In the fast-paced and constantly changing world of finance, this blog has stood the test of time by continually offering high-quality content. Don’t be fooled by the name; this reputable finance blog with a dry wit shares no tangible similarities with satirical news outlet The Onion. Although the writers of the Accounting Onion took a long hiatus, they have resumed updates in the past few months.
These two might sound the same if you’re new to business finance, but they’re very different. If you don’t feel like these skills are your strongest areas and you run a business, you may want to seek out help to manage your accounting. While math skills are helpful, data and systems analysis are keys to success in this role. This means that curiosity and deductive reasoning skills are also useful. There are many other technical and soft skills that this role uses on a daily basis to make sure a business is financially healthy.
Drink While You Think
Pull up a chair and listen to a weekly conversation with Kenji Kuramoto, a FreshBooks Accounting Partner, and Matthew May, co-founders of the virtual CFO firm Acuity. Fully leaded beverages are optional on this vlog that covers topics ranging from the challenges of scaling your firm to being a numbers savant. Wolters Kluwer BlogAbout – Read the latest information from the world of tax and accounting at The Word, our Wolters Kluwer blog. Clear Books BlogAbout – Accounting blog covering small business and accountants.
Most of their content is focused on technology, CPA practice, and tax. If you want to stay up to speed with the state of the accounting industry, AccountingWEB is worth following. Stay informed with this list of blogs, podcasts, and resources for small business accounting professionals.
Bookkeeping Side Hustle
Created by FreshBooks Accounting Partner Kate Josephine Johnson, this blog is just one component of her side hustle community. Emphasizing that hustle does not mean hobby, her mission is to help fellow bookkeepers do what they love, serve their clients well, and make a living. Bookkeepers.com
Founder Ben Robinson and his team are on a mission to build an army of 25,000 21st-century bookkeeping pros by 2025. When a close friend needed advice on starting her firm, Ben sprang into action. With so many saying that the future of accounting is in advisory services, experts weigh in on whether there will be room for more traditional services. A recent Deloitte survey clues us in on how you can attract millennials to your accounting firm.
As Kellie would say, if you want to simplify, “techify,” and solve your workflow woes, this is the place. All of the content on this informative blog is free and paid plans give you access to video content, worksheets, and more. Experts share their advice on the best ways to launch a shift in your practice. To give you a head start, the platform has a helpful video How to begin that shows you how the website and the learning process work. The topics range from accounting basics all the way to much more advanced subjects.
The best part of the blogs on Don’t Mess with Taxes is that anyone can read them, understand the content, and implement the tips and information into their daily lives. why evaluation is important for your nonprofit The articles address topics from regulations to practice management. Ignition covers anything from accounting software selection to tax news and client relationships.
Accountancy firmly belongs to the financial sector but it also shares a lot of key features with the service industry. Tailoring your offer to your customers, marketing your firm, choosing the latest technology, or providing excellent customer care – it all becomes very important in this competitive market. No one can be an expert in all those areas, that’s why finding a helpful blog for accountants is such a great idea. I’m an entrepreneurial CPA that founded Xen Accounting, a
100% cloud-based accounting firm, in 2013. Following its acquisition in 2018,
I started Future Firm to help accountants fast-track the growth of a modern, scalable accounting firm of their own. In the accounting world, if you offer advisory services in your firm, Fathom has some great accounting bloggers on their team.