Summit CPA
OCTOBER 24, 2024
Business owners experiencing inconsistent cash flow can feel out of control. Cash flow management isn't a one-size-fits-all, but there are a few common cash flow mistakes I see business owners making.
CPA Practice
OCTOBER 24, 2024
The Public Company Accounting Oversight Board (PCAOB) posted three new resources on Oct. 23 related to the implementation of QC 1000, A Firm’s System of Quality Control , a new standard the board approved this past May. Before the new standard was adopted by the board, the quality control rules on the books were developed and issued by the AICPA before the PCAOB was established in 2002.
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Accounting Insight
OCTOBER 24, 2024
Chaser , the leading accounts receivable platform, is proud to mark its 10-year anniversary. What began in 2014 as a tool to automate overdue invoice reminders has evolved into a globally recognized platform, and has empowered over 7,000 businesses to manage credit control efficiently. In the past decade, Chaser has helped businesses recover £30 billion in late payments and saved more than 6 million hours of manual work by continuously advancing the field of credit management with AI and automa
ThomsonReuters
OCTOBER 24, 2024
← Blog home Jump to ↓ How to communicate with clients effectively What should an advisory consulting proposal include? Writing an advisory services proposal with a template An easier way to write advisory proposals The shift toward providing more higher-value advisory services continues to gain momentum as accounting firms increasingly look for ways to better serve clients, sharpen their competitive edge, and drive greater profitability.
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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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.
Going Concern
OCTOBER 24, 2024
That firm? Allegedly it’s IPA Top 100 #47 Cohen & Company of Cleveland (revenue of $153,896,588). We’re told they did an internal announcement today and will make the news of a minority investment from Lovell Minnick Partners public tomorrow. Of themselves and their investment strategy Lovell Minnick says : Lovell Minnick Partners (“LMP”) invests in growth-oriented companies.
Accounting Today
OCTOBER 24, 2024
The Internal Revenue Service is looking to boost its historically low audit rates for complex arrangements.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
CPA Practice
OCTOBER 24, 2024
Visual Lease, a software platform for integrated lease management, accounting, and reporting, is being acquired by CoStar Group, a provider of online real estate marketplaces, information, and analytics in the property markets, the companies said on Oct. 22. Financial terms of the deal weren’t disclosed. Woodbridge, NJ-based Visual Lease will become part of the CoStar Real Estate Manager business line, providing additional lease management and lease accounting solutions to corporations of all si
Accounting Today
OCTOBER 24, 2024
Accountants are pretty unhappy with the current political situation.
CPA Practice
OCTOBER 24, 2024
By Ken de la Bastide The Herald Bulletin, Anderson, Ind. (TNS) Oct. 23—ANDERSON, INDIANA — An Anderson accountant has been sentenced to federal prison for the theft of almost $1 million from the Anderson company where he was employed. Nathaniel Wills, 34, of Anderson, was sentenced to 41 months in federal prison, followed by three years of supervised release, and ordered to pay $877,507 in restitution after pleading guilty to wire fraud.
Accounting Today
OCTOBER 24, 2024
Makin' a list; caught again; back to school; and other highlights of recent tax cases.
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
Withum
OCTOBER 24, 2024
Withum is proud to announce the launch of its new AI-focused website, withum.ai designed to offer businesses cutting-edge services around AI strategy, implementation, engineering, and AI adoption and governance. The website will serve as a hub for thought leadership, providing valuable insights, blogs, webinars, and resources to help companies navigate the rapidly evolving AI landscape.
CPA Practice
OCTOBER 24, 2024
By Sally Bakewell Bloomberg News (TNS) A top U.S. consumer watchdog warned companies not to use tools that track or assess their workers without their knowledge or permission, a move that comes amid the emergence of new technology making it easier to monitor staffers. Employers are increasingly deploying tools such as algorithmic scores or background dossiers to assess workers, the Consumer Financial Protection Bureau said in a statement Thursday.
AccountingDepartment
OCTOBER 24, 2024
In today's rapidly changing business world, small and medium-sized businesses (SMBs) face numerous challenges, especially when it comes to managing their financial operations efficiently. Many business owners find themselves juggling multiple roles, often at the expense of financial management.
CPA Practice
OCTOBER 24, 2024
Fears about the integrity and reliability of crucial corporate reporting data are weighing on the minds of finance leaders around the world, but hopes are rising that Artificial Intelligence (AI) may offer some much-needed answers, according to the 2024 EY Global Corporate Reporting Survey. The ninth edition of the survey explores the views of more than 2,000 finance leaders and 815 institutional investors around the world on the state of corporate reporting.
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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.
Accounting Today
OCTOBER 24, 2024
The Internal Revenue Service set the credit at $1.25 to $1.75 per gallon of fuel with a minimum reduction of 50% of GHGs.
CPA Practice
OCTOBER 24, 2024
About half of global employers report they are effectively delivering on each of the six individual core objectives of pay programs, despite pay being the most commonly cited reason employees join and stay with an employer. This is according to the 2024 Pay Effectiveness and Design Survey by WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company.
Accounting Today
OCTOBER 24, 2024
Learning should be an ongoing process, not just an annual obligation or an item to tick off during performance evaluations.
CPA Practice
OCTOBER 24, 2024
On October 28, attendees at the Intuit Connect conference in Las Vegas will be introduced to new features offered by Bill360, the end-to-end accounts receivable (AR) automation platform that accelerates cash flow by 20% – 30% for accountants and most B2B small-to-medium-sized business clients. The Bill360 platform already improves cash flow for B2B companies with AI and data-driven tools so they can seamlessly process larger transactions, improve client communication for customers with collabora
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?
Accounting Today
OCTOBER 24, 2024
Intuit announced the launch of the new ProAdvisor Academy, an expansion of the QuickBooks ProAdvisor Program which offers new training, certifications and badges.
CPA Practice
OCTOBER 24, 2024
More than 3 in 5 Americans (62%) feel behind on their emergency savings, according to a new Bankrate survey. That includes 26% who say they are slightly behind and 37% who say they are significantly behind. In contrast, just 23% feel right on track with their emergency savings, while only 15% feel ahead (5% feel significantly ahead and 10% feel slightly ahead).
Accounting Today
OCTOBER 24, 2024
The International Public Sector Accounting Standards Board today issued Exposure Draft 92, Tangible Natural Resources.
Menzies
OCTOBER 24, 2024
Menzies LLP - A leading chartered accountancy firm. Substantial change to company size thresholds The UK government has recently announced a substantial change to company size thresholds, the first revision to the thresholds since 2016, as they attempt to simplify the regulatory landscape for UK businesses. The changes are intended to reduce the complexity and administrative burden for companies and will directly impact the type of accounts a company is required to prepare and whether the compan
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Insightful Accountant
OCTOBER 24, 2024
Firm's innovations enhance services and work culture. Robotic process automation results in time-savings equivalent to five full-time employees annually and ROI by the end of first month.
Canopy Accounting
OCTOBER 24, 2024
What's new: Send an invoice for a related group of clients to one account, thereby streamlining and enhancing the billing process. It also lets you send a group statement to one account.
Insightful Accountant
OCTOBER 24, 2024
Brex is launching a a suite of new product experiences, services, and dedicated programs tailored to the needs of modern accounting professionals.
CPA Practice
OCTOBER 24, 2024
According to the Paychex Small Business Employment Watch for September, which reflects U.S. small businesses with fewer than 50 employees, the national jobs index moderated slightly in September (99.84) but has averaged 100.31 so far in 2024, representing modest employment growth. Hourly earnings growth for workers showed 3.01% in September, while the three-month annualized hourly earnings growth has remained below three percent for the past five months.
Speaker: Joe Wroblewski, Senior Sales Engineer
Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!
Insightful Accountant
OCTOBER 24, 2024
Coefficient streamlines reporting, analysis, and data sharing. Works with QuickBooks Online and Xero. Extracts and refreshes your accounting date with Excel or Google Sheets.
CPA Practice
OCTOBER 24, 2024
For the second year in a row , top 30 accounting firm PKF O’Connor Davies not only has the best internship program in the nation for incoming public accountants, but it also has the top overall internship program in the U.S. , according to the 2025 Internship Rankings from career resource website Vault.com. This past summer, Vault surveyed nearly 20,000 current and former interns from almost 300 internship programs and asked respondents to rate a list of top companies on how prestigious their in
Insightful Accountant
OCTOBER 24, 2024
In the world of AP automation, many organizations have relied on Optical Character Recognition (OCR) technology to streamline their invoice processing. However, with the advancement of Artificial Intelligence (AI), the landscape is changing rapidly.
CPA Practice
OCTOBER 24, 2024
Existing-home sales drew back in September, according to the National Association of Realtors. Three out of four major U.S. regions registered sales declines while the West experienced a sales bounce. Year-over-year, sales fell in three regions but grew in the West. Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – receded 1.0% from August to a seasonally adjusted annual rate of 3.84 million in September.
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.
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