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Whitepapers On Accounting & Cloud Technology

March 22, 2021
Bill Kimball

accounting white paper

This white paper will give you a sense for what accounting automation software does, and why it’s now proving so popular. Read it to learn how real business owners automate accounting processes that were traditionally complex, time-consuming and error-prone. Every B2B marketing campaign needs a good white paper to build relationships with clients, so you must get good at creating them. Look at examples of white papers from other businesses that were successful. Applicant Tracking Choosing the best applicant tracking system is crucial to having a smooth recruitment process that saves you time and money. Find out what you need to look for in an applicant tracking system.

accounting white paper

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Spend your time wisely, and be confident that you’re gaining knowledge straight from the source. After our payroll manager left, we decided it would be best to hire a professional firm to handle our payroll instead of trying to find and keep a competent payroll staff. We have been very happy with the service provided by IQ BackOffice. We needed automation and workflow and Archimedes provides audit trails, visibility and controls. IQ assisted us with our software selection and, as a Sage Intacct Accounting Partner, has an in-house support team to assist us with the system including supporting integration with our other systems and writing custom reports.

Software Features

It can thus be used as a diagnostic to evaluate M&A transactions and to forecast future goodwill impairments. Accounting standard setters have long struggled with the development of a conceptual framework to guide rule making on specific issues. That has drawn criticism from those advocating an “income statement approach” based on revenue recognition and expense matching.

  • Even though many IQ team members may be located in a different country, the communication has been seamless.
  • The FASB adopted a balance sheet-based model of financial reporting about 30 years ago, and this model has been gradually expanded and solidified to become the required norm around the world today.
  • We needed automation and workflow and Archimedes provides audit trails, visibility and controls.
  • Once you have tried and tested a variety of algorithms on samples of your datasets, the time comes to draft a strategy that will enable your dashboard to do most of the work for you.
  • We are regularly discovering additional back office processes that can be more efficiently and cost effectively handled by IQ.

This whitepaper offers insights into the critical aspects of cloud-based accounting for accounting professionals and businesses. It discusses the early stages of computer-based accounting and the evolution of accounting in the cloud environment. It digs deep into the benefits of cloud accounting over the on-device software for individuals as well as business firms. As most major accounting firms are making their move to the cloud from the traditional local infrastructure, it is essential to understand benefits of cloud computing. This whitepaper sheds light on the benefits of cloud for accounting businesses and its role in enhancing data security.


This whitepaper discusses all the major benefits of QuickBooks cloud hosting and the tips on how to choose the right QuickBooks provider for your business. This whitepaper analyzes the latest trends of 2018 that will be part of the constantly evolving accounting industry. It discusses how the cloud will hold its place as a significant contributor to the accounting evolution with Big Data and Internet of Things showing their prominence. Use of portable devices to access the accounting process remotely will improve mobility.

The PRB utilizes a process that includes deliberation in meetings open to the public, public exposure of proposed standards and a formal vote. Exposure Drafts of these Standards are issued by the AICPA to invite public comment before a final pronouncement is issued. The public exposure time varies depending on the complexity of the issue and the circumstances surrounding the need for a new standard. Even though many IQ team members may be located in a different country, the communication has been seamless.

Client Acquisition and Retention are two significant factors that keep a business growing and help reach its utmost potential. However, with the competitive nature of the market, you must be two steps ahead of the rest. This whitepaper sheds light on all the marketing strategies that you can deploy before, during and after the tax season to acquire and retain clients. Cloud computing is a model for delivering information technology services where resources are retrieved from the internet through web-based tools. The term sales lead also refers to the data that identifies a potential buyer of a product or service. Once you have tried and tested a variety of algorithms on samples of your datasets, the time comes to draft a strategy that will enable your dashboard to do most of the work for you. The objective here is to increase the productivity and efficiency of employees by minimizing manual and monotonous tasks.

accounting white paper

Integrating various metrics and components that are related to the company’s daily functions in one dashboard, platform, or interface is the first step. Delivering a single view of customers, orders, items/SKUs and real-time reporting capabilities and combining all of this together will help keep the flow of processes organized. This term was initially employed to define government or politics-related documents that aimed to convince the population about certain ideas, normally to promote an agenda or a political campaign. Nevertheless, the term has been adopted by the marketing community as a way to identify a sales or marketing document that comprehensively describes a solution, a product or a service. White papers should be readable, so use subheaders to break up large blocks of text and organize the paper better so it’s easier to follow.

Business Continuity For Finance And Accounting Department

With the approval process and checks and balances that IQ provides, on top of the quick turnaround response, it is like having an AP Department within your office! If you are a small company or a Billion Dollar Company as ours, IQ makes the AP process easy and seamless. IQ BackOffice’s Archimedes solution provides us with centralized approval workflows and visibility across activity at Mina Group restaurants all over the US. And their Streamlinea solution for centralized web-based disbursements is amazing.

accounting white paper

Bitcoin famously launched a few months after the pseudonymous Satoshi Nakamoto issued its famous white paper online in October 2008. White papers are often written as sales and marketing documents to entice or persuade potential customers to learn more about or purchase a particular product, service, technology, or methodology. They are designed to be used as a marketing tool before a sale, and not as a user manual or other technical document developed to provide support to the user after making a purchase. Use bullet points, highlight critical data, keep paragraphs short, and use simple language instead of jargon. By making a paper user-friendly, you increase the chances not only that the reader actually absorbs the information, but retains it. Most people start at the beginning when they write, but in this case, you should start with the summary. This will help you organize your thoughts and guide the bulk of the paper as you write it.

Download this white paper to learn what financial leaders look for when considering upgrading their technology. QuickBooks is versatile accounting software that performs several accounting-related functions with ease. However, integrating it with the cloud infrastructure enhances its capabilities exponentially.

You need solid, correct financial data to make strong business decisions. A strong accounting professional should be able to work with you through a variety of scenarios and help you model various cash flows and growth opportunities. Plus, they should be able to ensure you have the right financial data to make strategic business decisions. Your financial data tells a story of where your business has been, where your business is now, and where you can go in the future. It takes your everyday business transactions, organizes it into meaningful data and allows you to make informed business decisions. This white paper will discuss the details of asset-based lending, tips for evaluating if it is the appropriate option for your business and situation, and strategies for finding the right alternative funding partner. Download this white paper to learn how CFOs can become the strategic business partners every organization needs.

In the history of white papers, no one has ever expressed excitement at reading one. But they don’t have to be — and, in fact, you should avoid that like the plague. A white paper is one of the most important documents you can create when it comes to landing future clients. Done well, they demonstrate trustworthiness, expertise, and an understanding of the customer’s problem.

Applicant Tracking Zoho Recruit Zoho Recruit combines a robust feature set with an intuitive user interface and affordable pricing to speed up and simplify the recruitment process. This quick guide walks you through the process of adding the Journal of Accountancy as a favorite news source in the News app from Apple. The policy brief on the root cause of the current financial crisis is published in Ideas At Work of Columbia Business School. Andreas Bezold, a former chief risk officer and deputy CFO of a large German Bank, authored the paper. Second, companies are more likely to communicate, both inside and outside, the currency impact on net income and revenue but not on operating costs, operating cash flows and the foreign subsidiary’s balance sheet. Hence, decision makers, especially investors, will be unable to readily isolate the portion of the firm’s performance attributable to currency changes. To develop expected answers to these questions, we provide a series of exhibits of hypothetical transactions at, and financial reports for, the foreign subsidiary.

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Be descriptive with your white paper and take a tone appropriate for the business you’re in. Aim for around 3,000 words or more, but don’t just put a lot of fluff in it. A white paper or white paper report is a document most commonly used in business-to-business relationships to break down a complex subject for the reader. This report not only describes the ins and outs of the issue but also describes the issuing organization’s opinion or recommendation on the matter. If you’ve been assigned to create a white paper and are staring at that blinking cursor wondering where to start, this guide is for you. We’ll discuss what a white paper is, what elements it should include, and how to put together a document that demonstrates your company’s knowledge and capabilities.