Episode 23
CFO Optimism Is On The Rise: Highest Since 2021
We look at a Grant Thornton survey on how chief financial officers feel about the U.S. economy and their businesses, with optimism at its highest since 2021.
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Accounting Recounted
Accounting Recounted is a podcast for business owners and accountants that covers all things accounting and finance. Host and CEO of Accountable Numbers, Amanda Hendren, keeps listeners up to date with the latest news, trends, and accounting tips.
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Accounting Recounted
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Episode 22
What is a Multi-Member LLC?
Everything to know about multi-member LLCs: the benefits of this business structure, potential drawbacks, and tax requirements for the LLC and its owners.
Episode 21
Having Trouble Managing Cash Flow for Your Business?
Cash flow is the lifeblood of any business. This episode explores common causes of poor cash flow management in small businesses and practical ways to fix them.
Episode 20
The Growing Importance of ESG Reporting in Corporate Accounting
How companies are adding ESG factors to financial reporting, the challenges and benefits of doing so, and the role accountants play in transparent reporting.
Episode 19
Here’s Why No One Wants an Accounting Degree
An AICPA survey found an 18.3% drop in new accounting graduates from 2016 to 2022. We discuss why fewer students choose accounting, and how to fix the problem.
Episode 18
Decision-makers Hesitate to Hire Amid Economic Concerns
An AICPA economic outlook survey finds business decision-makers pessimistic about the U.S. economy and pausing expansion and hiring. We discuss the findings.
Episode 17
A Guide to Internal Controls
Why internal controls are essential, the risks of neglecting them, and practical tips and advice for implementing effective internal controls in your business.
Episode 16
Annual Inflation Adjustments for 2024
The IRS’s inflation adjustments for tax year 2024: standard deductions, income tax brackets, tax breaks, and limits for retirement accounts, HSAs and FSAs.
Episode 15
NEW! File Your 1099s for FREE on IRIS portal
The IRS’s free IRIS portal lets you file 1099s with the IRS and your state. We cover its features, which returns it accepts, and the steps to apply for a TCC.
Episode 14
Common Forms of Business Debt and Tips To Pay It Back
Debt isn’t always bad if you use it properly and stay on top of it. This episode covers common forms of business debt and effective strategies to pay it back.
Episode 13
Salary Budgets for 2024 Increase at Historic Rates!
Employee salary increase budgets grew an average of 4.4% in 2023, the highest increase in more than two decades. Learn how it could impact your business.
Episode 12
General Ledger and Trial Balance: What’s the Difference?
What’s the difference between a general ledger and a trial balance? We explain each one and how they keep your financial statements accurate and in balance.
Episode 11
Understanding Contra Accounts
Contra accounts help show the true financial state of a business. This episode explains what contra accounts are, how to use them, and some common examples.
Episode 10
How to Choose: S-Corp, C-Corp, or LLC?
Starting a business? This episode explains how to choose between an S-Corporation, a C-Corporation and a Limited Liability Company (LLC) for your new company.
Episode 9
How to Set Up Your Company’s Chart of Accounts
How to set up your company’s chart of accounts, from categorizing income and expenses to creating meaningful account codes for an organized financial system.
Episode 8
Common Tax Write-Offs for Solopreneurs
Common tax write-offs for solopreneurs: what deductions are, how to qualify for them, and often-overlooked write-offs that could save you money at tax time.
Episode 7
How to Choose: Cash Basis vs. Accrual Basis Accounting
How to choose between cash basis and accrual basis accounting: how the two methods differ, how to decide, and the legal requirements that apply to each one.
Episode 6
Strategies for Creating an Efficient and Compliant Travel Reimbursement Process
A look at travel expense approval and reimbursement, with three strategies to speed up the process while keeping it efficient and compliant for your company.
Episode 5
The Accounting Shortage in Giant Companies and the Dire Consequences for Small Businesses
The shortage of skilled accountants affects businesses of all sizes, but hits small businesses harder. We look at why, and how outsourced finance teams help.
Episode 4
What happens when you make serious errors on your tax returns?
Host Amanda Hendren explores what happens when you make serious errors on your tax returns, and the consequences those mistakes can have for your business.
Episode 3
Bookkeeping for Small Businesses Part 3: Setting Up Accounting Processes for your Business
Part 3 of our Bookkeeping for Small Businesses series puts parts 1 and 2 into practice, explaining how to set up bookkeeping processes for your company.
Episode 2
Bookkeeping for Small Businesses Part 2: Tax Prep and Compliance
Part 2 of our bookkeeping series covers small business tax prep and compliance: common deductions and credits, staying organized and meeting tax deadlines.
Episode 1
Bookkeeping for Small Businesses Part 1: Bookkeeping Basics
Part 1 of our three-part Bookkeeping for Small Businesses series covers bookkeeping fundamentals and essential tips for managing your business finances.
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