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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Going Concern
OCTOBER 24, 2024
Well they’ve been talking about a deal for months now, here it is: Grant Thornton US is merging in Grant Thornton Ireland. As told to us by a tipster and also this Irish Times article that just went up : Grant Thornton Ireland and Grant Thornton US are to merge their advisory and tax businesses, in a deal backed by New York private equity firm New Mountain Capital.
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.
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.
Accounting Today
OCTOBER 24, 2024
The Internal Revenue Service is looking to boost its historically low audit rates for complex arrangements.
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.
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
The Department of the Treasury and the Internal Revenue Service have issued Revenue Procedure 2024-31 PDF and proposed regulations to provide guidance for the Energy Efficient Home Improvement Credit. The revenue procedure provides procedures and requirements that a manufacturer of specified property must follow to be treated as a qualified manufacturer (QM).
Accounting Today
OCTOBER 24, 2024
Accountants are pretty unhappy with the current political situation.
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
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.
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.
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
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
Confidence in the global economy among accountants and finance professionals declined moderately in the third quarter and is now at its lowest since Q4 2023 and slightly below its historical average, according to the latest Global Economic Conditions Survey from the Association of Chartered Certified Accountants (ACCA) and the Institute of Management Accountants (IMA).
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.
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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.
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
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.
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
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.
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
Going Concern
OCTOBER 24, 2024
Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Sign up now to view the complete candidate list and connect with potential hires.
Accounting Today
OCTOBER 24, 2024
The International Public Sector Accounting Standards Board today issued Exposure Draft 92, Tangible Natural Resources.
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.
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.
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The first Market Momentum Index: AI and Unstructured Data Management, conducted by Deep Analysis with support from AIIM and M-Files, surveyed 500 enterprises across various industries to assess their readiness to employ AI. The results reveal that AI is already far more embedded into organizations' operations than previously realized. These findings and more insights have been brought to you in the "Market Momentum Index: AI and Unstructured Data Management.
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
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.
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.
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
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.
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 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.
FraudFiles
OCTOBER 24, 2024
When a business owner or executive encounters proof of a fraud-in-progress, a natural reaction is often to immediately begin investigating. After all, someone has to get to the bottom of the situation. Yet that’s not usually the best way to go. Just like on television, we need to give owners and executives a warning that [.
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.
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With automation, you’ll reduce errors and save valuable time, allowing you to focus on what really matters: strategic analysis and insightful decision-making. Picture accurate financial reports ready at your fingertips, giving you the confidence to tackle business challenges head-on. Embracing automation not only boosts productivity but also elevates your role from number cruncher to closing rockstar.
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