Tue.Feb 25, 2025

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Unlocking Value in Mergers & Acquisitions: Synergy Risks to Realization

Withum

Identifying and realizing synergies is the cornerstone of a successful M&A transaction. The path to realization can be challenging, with many known and unknown obstacles that must be managed swiftly and effectively. In part two of this series, well discuss common risks to synergy realization as well as how to proactively implement mitigation strategies to address these risks.

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Creating a Scalable Chart of Accounts for an AI Startup

BurklandAssociates

Building a scalable Chart of Accounts for your AI startup means aligning standard accounting practices with the unique challenges of a fast-evolving sector. The post Creating a Scalable Chart of Accounts for an AI Startup appeared first on Burkland.

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Survey Shows Adults Who Learned Financial Literacy as a Kid are More Likely to Get Raises

CPA Practice

People who grew up with a strong financial education were more likely than others to successfully negotiate their pay later in life once they started their careers.

Education 108
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PwC Israel fined $2.8M for exam cheating

Accounting Today

The PCAOB censured the firm, imposed a $2.75 million fine and instituted quality control requirements.

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Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

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Nevada Woman Pleads Guilty to $98 Million Covid-19 Employment Tax Fraud

CPA Practice

In total, these claims sought refunds of over $98 million, of which the IRS paid approximately $33 million. McCoy personally received over $1.3 million in fraudulent refunds and was.

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The 30 cities that put off their taxes the most

Accounting Today

Seattle has the most tax procrastinators in 2025, according to a recent study.

Tax 88

More Trending

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Zimbabwe firms brace for hyperinflation accounting under ZiG

Accounting Today

The southern African nation's difficult operating environment recently led to the exit of global accounting firms Deloitte LLP and PwC LLP.

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Hooters Restaurants May Be Headed for Bankruptcy

CPA Practice

Hooters is reportedly working on a bankruptcy plan that would allow the restaurant chain to restructure and manage debt.

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IRS COO named acting commissioner

Accounting Today

Treasury Secretary Scott Bessent named Internal Revenue Service chief operating officer Melanie Krause as acting commissioner after the retirement of Douglas O'Donnell.

Tax 78
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“Tooth Fairy” Poll Shows Drop in Value

CPA Practice

The average value of a single lost tooth during the past year declined by 14%. This marks one of the most significant year-over-year declines in Tooth Fairy giving since the poll's inception.

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What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

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PICPA offers guide to recruiting and compensation

Accounting Today

The Pennsylvania Institute of CPAs released a report analyzing how firms can attract and retain talent amid the accountant shortage.

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Tax Court Rejects Self-Employment Claim by Freelance Movie Critic

CPA Practice

Generally, self-employed individuals are required to pay annual self-employment tax, the equivalent of FICA tax for employees, on most business earnings.

Tax 71
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Lease accountants get new designation

Accounting Today

The Lease Accounting Institute launched the Certified Global Lease Accountant training program and professional designation.

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Avalara Amplifies Efforts for Governments and the Public Sector

CPA Practice

Governments can look to streamline tax administration to support transparent tax administration for constituents and businesses, while remaining budget conscious.

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Forecasting Failures Are Costly: Heres How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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The shiny object trap

Accounting Today

How can you stay focused on your most important business problems without being distracted by the shiny objects?

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Americans Don’t Trust Self-Driving Cars Says AAA Survey

CPA Practice

A national survey by AAA released Tuesday found that six in 10 drivers report being afraid to ride in a self-driving car, and interest in the technology is down to 13% compared to 18% in 2022.

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In the blogs: Judge for yourself

Accounting Today

Refunds without taxes; bouncing BOI; never too late for an Employee Retention Credit; and other highlights from our favorite tax bloggers.

Tax 59
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Acumatica 2025R1 - "New" Field Service Functionality

Insightful Accountant

More comprehensive project-specific functionality and lot/serial inventory tracking awaits Acumatica 2025R1 users.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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Tracing Digital Assets in Divorce (Cryptocurrency)

FraudFiles

Everyone is asking about cryptocurrency and NFTs (Non-Fungible Tokens) in divorce. More and more people are investing in and using cryptocurrency, and it could be an important asset that needs to be accounted for during the divorce. In some cases, one spouse has made or lost a lot of money trading crypto, and that has [.

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Let's All "Be Insightful" Today

Insightful Accountant

Join Murph, Gary and guest Kimberly Noh for today's "Be Insightful" webinar.

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Former IRS chiefs warn of tax season delays

Accounting Today

A group of former commissioners at the Internal Revenue Service is sounding the alarm about the thousands of layoffs at the agency in the midst of tax season.

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Expensify Launches Travel to All Customers

Insightful Accountant

Expensify Travel, the all-in-one corporate travel management tool, is now available to every Expensify member following a successful early release to select customers.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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Egg Prices Predicted to Increase Up to 40 Percent More in 2025

CPA Practice

The report stated, "Retail egg prices increased by 13.8 percent in January 2025 after rising by 8.4 percent in December 2024. Egg prices are predicted to increase 41.1 percent in 2025.

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Avalara Launches Redesigned Portal

Insightful Accountant

Avalara has made significant changes to the Account Overview page within the Avalara Portal in order to provide a simplified and improved customer experience.

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Etsy Sales Tax Explained: A Guide to Form 1099-K, Exemptions, & Filing

TaxConnex

Your sales tax obligations are almost always complex, but tax compliance can get even more complicated when you use a third-party platform - like Etsy. Not long ago, to successfully sell online you just needed to set up a website and market directly to your customers. Online selling today, though, often means leveraging household-name marketplaces such as Amazon and eBay and Etsy.

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Mapping the Customer Journey: Insights from Blake Grewal

Insightful Accountant

In this episode of the Accounting Insiders Podcast, host Gary DeHart sits down with Blake Grewal, founder and CEO of Customer IQ, to discuss the power of customer journey mapping for service-based businesses.

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How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?

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Are You Eligible for the St. Louis County Senior Property Tax Freeze Program?

Anders CPA

The St. Louis County property tax freeze for seniors provides eligible homeowners an opportunity to reduce their tax burden. There are several requirements for the Senior Property Tax Freeze program. Participants are also required to submit documentation to support their claim for the Senior Property Tax Credit by June 30, 2025, for tax year 2025. What Is the St.

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Musk Wants FAA to Use SpaceX Starlink Terminals in $2 Billion Contract Bid

CPA Practice

Jason Leopold and Allyson VersprilleBloomberg News (TNS) Elon Musks SpaceX is seeking to deploy Starlink satellite internet terminals to help accelerate an upgrade of the information technology networks that support the U.S. Federal Aviation Administrations national airspace system, according to people familiar with the matter. The effort raises questions about conflicts of interest for Musks.

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Dealer Detail – Quick Facts on How To Maximize Profits, Cut Costs, and Boost Efficiency in Your Dealership

Withum

Introducing Dealer Detail , a video series focused on the key business topics for auto dealers and dealership professionals. The mission of Dealer Detail is to provide practical insights and detailed information on dealership-related accounting and finance topics in a mini-episode format. By providing expert advice and practical tips, our goal is to inform, educate, and support dealership professionals in navigating the complexities of the industry.

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The PCAOB Continues Its Quest to Appear As Though It Adds Value to Capital Markets

Going Concern

The PCAOB announced today that they’ve hand-slapped PwC Israel — technically Kesselman & Kesselman C.P.A.s — because hundreds of staff there were sharing answers on mandatory internal training courses from 2017-2022. Shock. It’s almost as if this happens everywhere because ain’t nobody got time for that. PwC Israel is the 10th firm to get sanctioned by the PCAOB for answer-sharing since 2021, a fact they were sure to brag about in the press release.

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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.