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.

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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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CPA Practice

OCTOBER 16, 2024

Halloween can be a scary time for retailers. They typically need to order inventory months or years in advance, so they can miss out on late-breaking costume crazes. But I think figuring out whether and how to charge sales tax on candy is even more frightening. Americans are expected to spend more than $11.6 billion on Halloween candy, costumes, and decorations in 2024.

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Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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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.

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Tax 126

CPA Practice

OCTOBER 16, 2024

The Federal Trade Commission has announced a final “click-to-cancel” rule that will require sellers to make it as easy for consumers to cancel their enrollment as it was to sign up. Most of the final rule’s provisions will go into effect 180 days after it is published in the Federal Register. “Too often, businesses make people jump through endless hoops just to cancel a subscription,” said Commission Chair Lina M.

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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

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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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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.

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Construction Expense Management Manufacturing Maine 110

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.

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accounting and finance CPA Finance accountant 105

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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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.

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accounting and finance CPA New York Finance 105

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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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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accountant Account accounted 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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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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Withum

OCTOBER 16, 2024

Withum proudly announces the rollout of a new outsourcing service offering as part of our Sustainability and ESG Practice. Designed to help companies comply with the European Corporate Sustainability Reporting Directive (CSRD), the mandate requires reporting of detailed sustainability performance as it pertains to the European Sustainability Reporting Standards (ESRS), effective January 2023.

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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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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 118

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.

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accountant salary accountant Account accounted 52

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

Sales

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.

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Tax 115

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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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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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.

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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.

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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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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.

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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 Tax 52

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

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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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.

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accountant Account accounted 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.

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accounting firms accountant Account accounted 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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