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The Best Tech for Accounting Firms: The 2024 Tax and Accounting Innovation Awards Announced!

CPA Practice

After voting by the awards committee panel each year, the top five products are presented as winners of the Tax and Accounting Technology Innovation Awards. as they promise to dramatically improve client services, firm management, small business accounting and many other areas of operations.

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Should Tax Planners Work with Family Offices? How Family Offices Work

CTP

Administrative & Financial Support Moving into the realm of finances, a family office may handle bookkeeping, legal and estate planning oversight, cash flow management, financial advice, insurance management, accounting and tax filing oversight, and charitable giving management.

Tax 105
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B2B Financing Firm FreightRover Reportedly Impacted By Celadon Fraud Scam

PYMNTS

The Indianapolis-based firm, which works to accelerate B2B payments to truck operators, apparently has removed its CEO and COO — the result of a financial accounting scandal at another trucking firm where FreightRover executives had worked. FreightRover Financing Work. billion in financing every year.

B2B 54
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Moody’s Issues Another Supply Chain Finance Warning

PYMNTS

More than a year after Fitch Ratings raised concerns about a “loophole” allowing corporates to obtain supply chain financing without classifying it as debt, Moody’s has issued its own warning over the financing solution. The customer itself may not fully understand the added risk that accompanies the use of this financing technique.”.

Finance 64
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SEC Reignites Supply Chain Finance Debate

PYMNTS

Securities and Exchange Commission is turning its attention to a lack of transparency within corporates’ investor disclosures as more businesses use supply chain financing. Reports in Bloomberg Tax this week said SEC Corporation Finance Deputy Chief Accountant Lindsay McCord spoke Tuesday (Dec.

Finance 58
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Open Banking Deepens Its SMB Accounting, Lending Presence

PYMNTS

As Open Banking spreads further into the small business (SMB) financial services market, accounting and lending platforms are taking advantage. Small business accounting platform FreshBooks recently announced an agreement to integrate with Taxfyle , a data sharing arrangement that aims to automate tax prep for small business owners.

Account 87
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Pulling Back The Curtain On Corporate Finance Reports

PYMNTS

Corporate accounting standards are changing, with the Financial Accounting Standards Board adopting new standards in ways companies report on leases, hedging and other financial activity. A recent report from CFO.com shed light on another factor driving accounting and financial transparency within corporate America.

Finance 55