CTP

FEBRUARY 29, 2024

American gaming has boomed since sports betting and online gambling were legalized. So, as an accountant of a gambling client, you need to have detailed knowledge about gambling winnings and losses, as well as all the rules and regulations related to tax on gambling income. Gamblers are self-employed professionals.

Gambling 105

Gambling Tax accountant Account 105

CPA Practice

AUGUST 30, 2024

Research conducted by the Center for Accounting Transformation revealed that about one-fourth of accounting professionals would like to increase their activity in DEI programs. Associate Professor, School of Accountancy & MIS, DePaul Driehaus College of Business & Kellstadt Graduate School of Business Claire Costin, CPA, Ph.D.

accountant 116

accountant Account accounted CPA 116

CPA Practice

JULY 16, 2024

Accounting is no exception. While some pundits say accounting has a dim future in the digital world of tomorrow, technologies such as cloud-based data management, process automation and advanced analytics are actually poised to further elevate accountants in new and empowering ways. Go to Part II of this two-part series.]

Technology 124

Technology accounting firms accountant Account 124

Accounting Today

SEPTEMBER 20, 2023

Gaming Finance represents a radical departure from conventional gaming models. It's a concept that doesn't just entertain players; it empowers them economically.

Entertainment 128

Entertainment Gaming Account accountant 128

Withum

MARCH 19, 2024

In 2024, professional gaming and streaming is a lucrative path for those with the skills and charisma to hold a crowd. Did you purchase a new gaming computer and webcam to start your streaming career? But understanding how income earned from gaming is reported and taxed is something that should not be overlooked.

Gaming 105

Gaming Tax Non-Profits income tax 105

Going Concern

JUNE 25, 2024

VC firm Andreessen Horowitz just did an interesting piece called “ Death, Taxes, and AI: How Generative AI Will Change Accounting ” that’s worth a read if you’re at all interested in this topic but most interesting of all (to us anyway) was this chart of early stage AI startups in this space.

accountant 116

accountant Account accounted Technology 116

Airbase

SEPTEMBER 14, 2023

These errors force accounting teams into troubleshooting mode, often when the pressure is on to get the books closed. An up-to-date and always-accurate GL is arguably the greatest feat of automated accounting and finance software. For our product, these are the accounting and operational workflows for company spend.

accounting software 130

accounting software NetSuite accountant Account 130

Going Concern

MARCH 21, 2023

Was ChatGPT sent to us from the future to rescue the industry from the pipeline crisis by filling open accounting jobs with cyborgs and sentient machines? Accounting is ridiculously rules-based: assets = liabilities plus equities; debits = credits; cash in > cash out, etc. It isn’t just another game, it’s a different sport.

accountant 115

accountant Account accounted tax return 115

Going Concern

AUGUST 9, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. So here, take this tweet instead. Also how much they pay offshore staff.

accounting firms 104

accounting firms accountant Account accounted 104

CPA Practice

SEPTEMBER 25, 2023

What does your game plan for this fall include? It would be best if you took this time to address the top few issues and develop a plan to complete those by mid-December while accommodating tax planning, Client Accounting Services, and cleaning up any other open projects for the year. So, What Makes Practical Sense as a Fall Game Plan?

Gaming 119

Gaming Construction Technology tax planning 119

CPA Practice

DECEMBER 19, 2023

In an era where AI, particularly generative AI, is reshaping industries, small accounting firms stand at a crossroads. As we approach 2024, the integration of AI into accounting practices is not just an opportunity for an advantage, but a necessity. Stay abreast of regulatory changes and guidelines specific to AI in accounting.

accounting firms 124

accounting firms accountant Account accounted 124

ThomsonReuters

OCTOBER 4, 2023

Jump to: How many accounting firms use AI? How do smaller accounting firms use AI? In today’s fast-paced business world, ignoring technology is not an option, and the field of accounting is no exception. How many accounting firms use AI? How do smaller accounting firms use AI? For now, not many.

accounting firms 111

accounting firms Technology accountant Account 111

CPA Practice

NOVEMBER 22, 2024

By combining AI with LinkedIn, you can streamline sales prospecting, reach the right people, and ultimately build a more efficient pipeline for your accounting firm’s growth. Qualifying Accounts This prompt investigates a prospect’s website for keywords to qualify the account, such as merger, acquisition, expansion, growth, etc.

accounting firms 111

accounting firms accountant Account accounted 111

Acterys

JULY 10, 2023

AI includes various components such as machine learning algorithms, deep learning, and robotics, which are increasingly being utilized in accounting and finance applications. The post How AI is a Game-Changer for FP&A appeared first on Acterys. Business leaders, including CFOs, are well aware of these technologies. applications.

Gaming 130

Gaming accounting and finance accounting software Technology 130

CPA Practice

MAY 16, 2024

Lili , the financial platform designed for small business owners, today announced the launch of a new generative AI tool — Accountant AI — which harnesses businesses’ financial data and the latest industry information to provide business owners with personalized, instant recommendations about their businesses’ finances.

accountant 103

accountant Account accounted accounting and finance 103

CPA Practice

AUGUST 7, 2024

Do your clients’ eyes glaze over when you start to explain accounting analysis or business strategy to them? Clients are often great at what they do in their business, but not too many clients are good at what we accountants do. The White Hat represents gathering all the facts and data before starting the game.

accrual accounting 110

accrual accounting accountant Account accounted 110

CPA Practice

SEPTEMBER 16, 2024

Hosts Randy Johnston and Brian Tankersley, CPA, review Supervizor , a continuous quality assurance system that helps accounting firm’s error-proof their client’s bookkeeping and curb fraud. And because they have so many accounting practices and almost a decade of experience at this point, they’re pretty confident in that.

Technology 120

Technology accountant Account accounted 120

Going Concern

MARCH 24, 2023

Up until now, Tax Heaven 3000 creators MSCHF have been known for sneaker drops more than sketchy tax prep games (is anyone known for sketchy tax prep games?). love and taxes forever my heart- “Suitable for singles without dependents” LOL The game’s itch.io Anyone else really, really want this to be real?

Tax 122

Tax tax return Gaming income tax 122

Airbase

NOVEMBER 2, 2023

Virtual cards are a game-changer for accounts payable departments. But when a virtual card payment program is backed by powerful software and accounting automation, the advantages extend far beyond the ease of online purchasing. The right virtual card program can save an accounts payable team hours of work every month.

accounts payable 130

accounts payable accountant Account accounted 130

Going Concern

OCTOBER 25, 2022

It’s 2022 and accounting firms are proudly buying up “real estate” in the metaverse, putting out self-congratulatory press releases about it like it’s supposed to make us think they’re ahead of the curve on technology. Best of all, firms can introduce loot boxes. THE FUTURE! Clients will love it!

accounting firms 116

accounting firms Real Estate Gaming accountant 116

CPA Practice

AUGUST 6, 2024

Keeping Your Team at the Top of Their Game So, you’ve built a high-performing team—congratulations! Keeping your team at the top of their game requires ongoing effort and attention. The future of accounting belongs to those who dare to build exceptional teams. But the work doesn’t stop there. Will you be one of them?

accounting firms 105

accounting firms accountant Account accounted 105

Going Concern

MAY 18, 2023

At its core, accounting is a challenging career that requires growth and learning and can usually pay pretty well. Even better, because it’s a challenging job that requires lots of training and experience, the supply of good accountants is never high enough to meet demand. So far, so good. So, the pay should be good, too, right?

accountant 111

accountant Account accounted cma 111

CPA Practice

SEPTEMBER 25, 2023

AICPA & CIMA, which together form the Association of International Certified Professional Accountants, are rolling out Career Launchpad , an artificial intelligence-guided program for students interested in accounting and finance. Students receive real-time feedback, also driven by AI, to refine performance and boost confidence.

accounting and finance 116

accounting and finance Finance forensic accounting accountant 116

CPA Practice

JUNE 5, 2023

More than 3,500 accounting, tax and financial professionals convened in Las Vegas this week for the 2023 AICPA/CIMA Engage Conference, the largest annual educational and network event hosted by the American Institute of CPAs and the Chartered Institute of Management Accountants.

Education 111

Education accountant Account accounted 111

Going Concern

FEBRUARY 2, 2023

There’s another article about the accountant shortage today and this time it’s in Insider. Kachelmeier has seen accounting majors decline between 20% to 40% over the past few years at his school and like many in the profession he believes that the key to fixing the shortage lies in pitching accounting to young people.

Sports 105

Sports accountant Account accounted 105

CPA Practice

AUGUST 9, 2024

Tankersley, CPA.CITP, CGMA 00:00 Welcome to the accounting Technology Lab sponsored by CPA practice advisor, with your hosts, Randy Johnston, and Brian Tankersley. Randy Johnston 00:10 Welcome to the accounting Technology Lab. But the accounting software modules are complete. Now Simon has been around a long time since 1980.

payroll 119

payroll Technology accountant Account 119

Going Concern

MARCH 16, 2023

Accounting Today has published “ The 20 biggest problems for firms in 2023 ” and no one will be surprised to find out that the war for talent ranks #1 among the firms AT surveyed. ” Raising salaries to levels that would put accounting back in the game as an attractive major to students is indubitably a hardship for firms.

accounting firms 123

accounting firms Technology Iowa accountant 123

Going Concern

JANUARY 9, 2023

Heller takes some of his strategy cues from Big Four accounting firms—which law firm leaders increasingly view as potential competitors. The smartest service businesses in the country are accounting firms,” Heller said. They get it. They understand they need to diversify the revenue streams of the company.

accounting firms 105

accounting firms accountant Account accounted 105

Going Concern

OCTOBER 20, 2023

In it the author covers their introduction to accounting, the impact the pandemic had on their goals, and the all too familiar feeling of watching your peers make buckets of money in other careers while you grind away in public. ” When I was a junior in high school, I took my first accounting class. I loved the class.

public accounting 122

public accounting accountant Account accounted 122

CPA Practice

NOVEMBER 15, 2024

Tankersley, CPA.CITP, CGMA 00:00 Welcome to the accounting Technology Lab sponsored by CPA practice advisor. With your hosts, Randy Johnston and Brian Tankersley, Randy Johnston 00:10 welcome to today’s accounting Technology Lab. In other accounting Technology Labs, we’ve talked about the privacy of data.

Technology 106

Technology accountant Account accounted 106

Going Concern

APRIL 1, 2024

Business Insider wrote about the accountant shortage, specifically Tupperware griping in regulatory filings that it can’t find enough people (again): The accountant shortage is so bad that companies are delaying filing key mandatory reports. A lot of this work that we’re doing is, I’d call it forensic accounting,” Cipriano said.

accountant 105

accountant Account accounted audit 105

Xero

SEPTEMBER 25, 2023

PayTo is set to change the payments game in Australia for multiple reasons. PayTo requires customers to verify themselves using their bank account so that we can quickly assess that they are who they claim to be. Those that appear risky will then be asked to verify that they own the bank account they’re trying to pay with.

accountant 100

accountant Account accounted Start-ups 100

ThomsonReuters

NOVEMBER 8, 2022

How has technology impacted accounting? From increasing accuracy to optimizing tax workflow to freeing up time for more value-added activities, technology has transformed the accounting industry—for the better. Accounting firm technology trends. Today, automation is the name of the game. Automation. The result?

Technology 98

Technology accountant Account accounted 98

ThomsonReuters

NOVEMBER 8, 2022

Most accountants know that choosing the right accounting technology can boost the ability to serve clients, satisfy staff, and build deeper client relationships.?But But how do you take full advantage of technology to streamline accounting processes? . uncovering new opportunities. . Standardize your tax workflow.

Technology 105

Technology accountant Account accounted 105

Canopy Accounting

DECEMBER 23, 2022

In accounting, WISP stands for Written Information Security Plan. A WISP is a document that accountants are required by law to create. A WISP is your strategy or game plan for keeping your client’s personal and financial information safe. If you get paid to do someone’s accounting, then yes!

accountant 96

accountant Account accounted Gaming 96

SkagitCountyTaxServices

FEBRUARY 1, 2024

It’s being talked about everywhere you turn (even Turbo Tax is airing commercials during football games to remind you). As part of last year’s Inflation Reduction Act (IRA), the IRS has rolled out new online business accounts for business owners. What specifically are these IRS business accounts good for?

business accounting 87

business accounting accountant Account accounted 87