Withum

OCTOBER 16, 2024

Are you aware of the potentially severe implications of failing to report your foreign bank and financial accounts to the U.S. Department of Treasury? Regulations mandate that U.S. persons with foreign bank and financial accounts exceeding $10,000 in aggregate value must file the FinCEN Report 114, or FBAR, annually. U.S. taxpayers must be aware of the requirements for filing these reports to prevent substantial penalties and unintentional non-compliance.

Arizona 94

Arizona California Legal financial accounting 94

CPA Practice

OCTOBER 16, 2024

Acumatica has launched its new Professional Services Edition , built to enable small and midsized professional services firms to increase efficiency and accelerate growth. This new solution marks an important expansion of the company’s industry-specific product line, delivering tailored features and capabilities designed to enhance collaboration and boost operational efficiency for firms in architecture, engineering, IT and beyond.

Construction 110

Construction Expense Management Manufacturing Maine 110

BurklandAssociates

OCTOBER 16, 2024

Strategic move further enhances Burkland’s strength in serving fintech startups. The post Burkland Expands Expert Team with FintechForce Acquisition appeared first on Burkland.

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Accounting Today

OCTOBER 16, 2024

Ernst & Young is leveraging its $1 billion investment in talent and technology to expand the use of artificial intelligence and machine learning over the next four years.

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audit 128

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

Finance

CPA Practice

OCTOBER 16, 2024

The New Jersey Society of Certified Public Accountants ‘ has announced that 40 individuals are the recipients of its 2024 Ovation Awards in seven categories: Lifetime Leader; Diversity, Equity & Inclusion; Exceptional Educators; Emerging Leaders; Impact; Innovation; and Women to Watch. Robert A. Fodera, CPA , retired partner from Baker Tilly US LP, received the Lifetime Leader Award, which recognizes an outstanding NJCPA member who is credited with extraordinary contributions to the accounti

New Jersey 114

New Jersey CPA cpas cma 114

Accounting Today

OCTOBER 16, 2024

The Internal Revenue Service says it is processing some 400,000 claims for the Employee Retention Credit, representing about $10 billion of eligible claims.

Tax 126

Tax 126

Accounting Today

OCTOBER 16, 2024

The Allinial Global president and CEO will be succeeding longtime chief Barry Melancon, who is retiring at the end of this year.

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Account accountant accounted 124

CPA Practice

OCTOBER 16, 2024

The board of directors of the Association of International Certified Professional Accountants has appointed Mark Koziel, CPA, CGMA, as the organization’s next CEO. Koziel will succeed Barry Melancon, CPA, CGMA, who will retire at the end of 2024. Koziel is currently president and CEO of Allinial Global, an association of independent accounting and advisory firms with $6 billion in collective revenue and 268 member firms worldwide.

accounting and finance 105

accounting and finance CPA New York Finance 105

Accounting Today

OCTOBER 16, 2024

While other industries rapidly adopt data-driven solutions like artificial intelligence (AI), many CPA firms still rely on spreadsheets and processes that merely digitize the traditional paper-based approach.

Technology 115

Technology cpa firm CPA 115

Going Concern

OCTOBER 16, 2024

…Mark Koziel, CPA, CGMA. Surprising, our bets were on Kimberly Ellison-Taylor. Announced by the AICPA yesterday , the current president and CEO of Allinial Global — described in the press release as “an association of independent accounting and advisory firms with $6 billion in collective revenue and 268 member firms worldwide” — will be taking over for Barry Melancon in January.

accounting and finance 105

accounting and finance CPA Finance accounted 105

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

Account

Canopy Accounting

OCTOBER 16, 2024

Reserve your spot for Canopy's Demo Sweepstakes! Attend live to win from $5000 of prizes and see how current Canopy users have transformed their firms with all-in-one accounting practice management.

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accounted Account accountant 98

Insightful Accountant

OCTOBER 16, 2024

In the aftermath of Hurricanes Milton and Helene, the Internal Revenue Service today cautioned taxpayers of scammers who use fake charities to gather sensitive personal and financial data from unsuspecting donors.

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98

Accounting Today

OCTOBER 16, 2024

Whether someone incorporates their business now as the year comes to a close or waits until the new year can affect their company in various ways.

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Tax 91

CPA Practice

OCTOBER 16, 2024

Get inspired by influential speakers and expert-led sessions on topics such as QuickBooks tools and services, Mailchimp, firm growth, client advisory, and more. Conference Date: Oct. 28-30, 2024 Aria Resort and Casino, Las Vegas Register at: [link] Formerly known as QuickBooks Connect, the reimagined event will continue to be THE premier event for accounting leaders to network, learn, and get inspired.

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quickbooks Education Start-ups accounting firms 88

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Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

accounting and finance

Accounting Today

OCTOBER 16, 2024

The CFP Board, the FPA, FSI, NAPFA and the IAA called jointly for the restoration of incentives for financial planning as part of the looming TCJA debate.

Tax 88

Tax 88

Withum

OCTOBER 16, 2024

Withum is proud to share that New Jersey business publication ROI-NJ has named Pat Walsh to their 2024 Top Champions of the C-Suite list. Pat Walsh, Managing Partner and CEO, was recognized for his commitment to leading an inclusive and diverse workplace and continuing to support the Firm’s rich culture. Having taken over the helm on January 1, 2023, Withum has continued its consistent year-over-year positive growth under Pat’s leadership.

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New Jersey Sports cpas Healthcare 105

Accounting Today

OCTOBER 16, 2024

Plus LiveFlow raises $13.5 million to modernize accounting, a host of developments in AI, and other technology stories you may have missed in the last month.

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Technology accounted Account accountant 75

Canopy Accounting

OCTOBER 16, 2024

In this episode of the Canopy Practice Success Podcast , Dominic Piscopo, the founder of Big 4 Transparency , discusses his journey in creating a crowdsourced database for accounting salaries to promote fairness in compensation. Dominic explains the need for accountants to advocate for fair compensation while addressing the underpricing in the accounting industry.

accountant salary 52

accountant salary Account accounted accountant 52

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Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

Technology

Accounting Today

OCTOBER 16, 2024

SAP announced improvements to its spend management and business network solutions, not least of which is the embedding of a generative AI assistant.

Spend Management 72

Spend Management Expense Management Technology 72

Insightful Accountant

OCTOBER 16, 2024

We want to know what our readers thought about the Intuit Enterprise Suite ProAdvisor Training presented on Wednesday, October 16th. Has your comfort level changed?

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52

Accounting Today

OCTOBER 16, 2024

The new regulatory environment has faced legal challenges, creating uncertainty for companies and auditors.

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auditor Legal audit Tax 63

Insightful Accountant

OCTOBER 16, 2024

Murph is starting a new 'How to" series related to various ERPs. In today's version he's selected a core functionality of Acumatica involving a Warehouse Manager, a Warehouse Worker, and Receiving Clerk.

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52

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

Account

Ryan Lazanis

OCTOBER 16, 2024

Advisory services give clients peace-of-mind, but they're often delivered ad hoc. Here's how to offer advisory services on a recurring basis. The post How to Turn Advisory Work Into a Recurring Service appeared first on Future Firm.

Account 52

Account accountant accounted 52

Nancy McClelland, LLC

OCTOBER 16, 2024

One of my favorite books when I was a kid was “ Hail, Hail, Camp Timberwood ,” about a girl who goes to summer camp for her first time. She’s standing around, feeling (and probably looking) uncomfortable as all the return campers are running around, hugging each other, excited to be reunited. All of a sudden, someone runs up to her and gives her a big hug and says how happy she is to see her again.

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quickbooks bookkeeping Hospitality Sales 52

CPA Practice

OCTOBER 16, 2024

During its Spend Connect Live conference in Las Vegas on Oct. 15, SAP announced updates to its spend management solutions to help companies collaborate strategically, increase productivity, manage compliance, and gain business insights. SAP is embedding its generative AI copilot Joule across the SAP Ariba source-to-pay solution portfolio, making it easier for customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions.

Spend Management 52

Spend Management Spend Management Solutions 52

IgniteSpot

OCTOBER 16, 2024

There is a catastrophic problem that is causing businesses to fail financially in this economy I'm going to tell you what I'm seeing, how to identify it, and how to fix it. I am one of the partners here at Ignite Spot outsourced accounting, and we have the blessing and (sometimes the curse) of seeing what's happening out in the business world. It is both exciting and scary.

accounted 52

accounted Account accountant 52

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging technology to drive productivity and cost savings. So, how do you make the case for automation within your organization?

AP Automation

CPA Practice

OCTOBER 16, 2024

Dan Lohrmann Government Technology (TNS) That didn’t take long. According to CBS, Aas Hurricane Milton steams toward Florida even as Americans continue to clean up from Hurricane Helene, another threat looms: scammers trying to exploit the disasters, and many people’s impulse to help those in need, by posing as legitimate charities. “The National Center for Disaster Fraud (NCDF), established by the Justice Department after Hurricane Katrina in 2005 to protect people from scams following disaster

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Utah Florida North Carolina Texas 52

Withum

OCTOBER 16, 2024

In September 2024, California’s Senate passed Senate Bill 219 (SB 219), a bill consolidating SB 253 and SB 261 to streamline compliance and address ongoing litigation and concerns from Governor Gavin Newsom. SB 219 passed through the California Senate and was signed into law by Governor Newsom on September 27, 2024.  Key Updates SB 219 still requires scope 1 and 2 emissions reporting in 2026 for the prior fiscal year (January 1, 2025).

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California Account accounted accountant 52

CPA Practice

OCTOBER 16, 2024

IRIS Software Group, the London-based accounting and payroll solutions provider, recently launched Practice in a Box, an all-in-one solution designed to simplify accounting firms’ workflows and allow them to grow more profitably. Built on the IRIS Elements cloud-based platform, Practice in a Box combines essential accounting services into one seamless and easy-to-use bundle, the company said in a media release.

accounting firms 52

accounting firms Account accounted accountant 52

Dent Moses

OCTOBER 16, 2024

A number of federal tax provisions included in the 2017 Tax Cuts and Jobs Act (TCJA) are set to expire after December 31, 2025. Many of these provisions were designed to reduce taxes in order to stimulate economic growth but included sunset clauses that will automatically revert back to the pre-TCJA rules unless Congress takes action. Some of the key expiring provisions are listed below.

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tax preparation Tax Construction Account 52

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It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

Technology