This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Maintaining compliance documentation is crucial for businesses to ensure smooth and successful audits. Proper documentation allows auditors to interpret and verify your financial transactions accurately. Unfortunately, many businesses find themselves unprepared when faced with an audit, lacking the necessary documentation. This can lead to auditors assuming transactions are taxable, or making historical projections or arbitrary assessments of taxable sales.
The Department of the Treasury and the Internal Revenue Service has issued final regulations updating the required minimum distribution (RMD) rules. The final regulations reflect changes made by the SECURE Act and the SECURE 2.0 Act impacting retirement plan participants, IRA owners and their beneficiaries. At the same time, Treasury and IRS issued proposed regulations, addressing additional RMD issues under the SECURE 2.0 Act.
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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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.
In an opinion piece published in Fortune on July 17 , former IRS commish Chuck Rettig recognizes that his former employer was wise to put a moratorium on processing fraud-plagued Employee Retention Credit (ERC) claims but says the IRS should process the less shady ones in the meantime. The work of identifying the risk level of individual claims has apparently already been done so at this point they know which bunch are most likely to be legit.
The RSM network made five strategic acquisitions in Europe, including specialist audit and consulting firms in Austria, Denmark and France, plus a prestigious law firm in Spain.
Summer can be a challenging time for many businesses, with sales often dipping as customers take vacations and routines shift. But a slowdown doesn't have to mean a cash flow crisis.
Summer can be a challenging time for many businesses, with sales often dipping as customers take vacations and routines shift. But a slowdown doesn't have to mean a cash flow crisis.
If you are a ProAdvisor, Consultant, or Accountant wanting to support construction businesses as they digitally transition, you won’t want to miss this survey, which will provide valuable insights into the industry.
To achieve greater agility, accuracy and the foresight needed to adjust and adapt, businesses must shed the constraints of the financial close and embrace continuous accounting.
The Connecticut paid sick leave law was the first state-mandated paid sick leave in the United States, dating back to 2012. In 2024, the state passed a major Connecticut sick leave expansion that begins in 2025. Do you have to pay your employees for sick days in CT?
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
Jump to: What are the top challenges accountants are facing? Attracting, hiring, and retaining staff Time management and deadlines Keeping up with tax law Billing and cash flow issues Rising challenges for accountants The accounting industry continues to experience profound change as tax and accounting professionals navigate the fluid regulatory landscape amid shifts in client and employee expectations and advancements in innovative technologies like artificial intelligence.
AICPA & CIMA, which together form the Association of International Certified Professional Accountants, are officially a Great Place To Work , according to the organization of the same name that tracks employee experience. AICPA & CIMA are certified as a Great Place to Work in seven countries – The U.S., U.K., Ireland, South Africa, Malaysia, India and China.
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.
A recent study looked at the impact of the European Union's General Data Protection Regulation and found that firms lost some value but, at the same time, suffered fewer data breaches.
Managing finances is a critical aspect of running a business, yet it often poses a significant challenge, especially for startups and small businesses. Recognizing this, Basis 365 has relaunched its Bookkeeping plan , designed specifically for startups and simple businesses. This plan aims to provide streamlined, efficient, and cost-effective bookkeeping services.
San Francisco mayoral candidate Mark Farrell has a plan to get workers back into downtown offices — and it doesn't include commuter benefits or coffee machines.
The Midwest’s favorite accounting firm announced earlier this week that 25 of its brightest stars have reached the very top of the ladder so join us in giving them a salute. Matthew Bohdan , risk and accounting advisory services, Southfield Eric Bowers , Plante Moran Financial Advisors, East Lansing Amanda Carrigan , risk and accounting advisory services, Denver Tech Center Alicia Cole , wealth management, Detroit Ben Cote , tax, Denver Tax Center Adam Counts , assurance, Southfield [Ed. n
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?
Bloomberg Tax & Accounting has announced new enhancements to Bloomberg Tax Workpapers, including an innovative AI formula generator and additional integrations with Bloomberg Tax’s Fixed Assets and Tax Provision solutions. These advancements continue Bloomberg Tax & Accounting’s commitment to integrating and streamlining corporate tax workflows across its suite of solutions.
Struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can help! With our Always-On Recruiting service, access a pool of top remote accounting candidates without any upfront costs. Sign up now to see the complete candidate list and connect with potential hires. TAX CANDIDATES FTE Tax Manager | Candidate ID #22002360 Certifications: CPA Education: BS Accounting, MS Finance Experience (years): 8+ years tax experience Work ex
Paying your employees, keeping the lights on, and staying within your line of credit : If you want to stay in business, you need to stay on top of cash flow. It doesn’t matter how many contracts you have signed or customers you have rushing through your doors, if you don’t have enough money to cover your expenses today. It also doesn’t matter if you have a huge amount of money in your bank account, if you’re about to get hit by a shortfall next month.
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.
Hosts Randy Johnston and Brian Tankersley, CPA, take a look at BQE Core , an all-in-one accounting and invoicing software that let’s you manage everything from one platform. Use the video player below to watch, or the podcast player below to listen to the podcast. Or use the below podcast player to listen: Transcript (Note: There may be typos due to automated transcription errors.
In the fast-paced world of business, having a strategic plan is like having a compass in a vast ocean—it guides your actions and decisions, steering your company toward its goals. Yet, astonishingly, there are still businesses out there operating without a clear strategic plan in place. If you find yourself among them, fear not! Today, The post Still Don’t Have a Strategic Plan?
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!
Top 100 accounting firm HoganTaylor has expanded its talent services business by joining forces with Tulsa, OK-based Talent Acquisition Group (TAG). As of July 16, TAG and HoganTaylor’s existing talent practice will do business as HoganTaylor Talent. Tulsa-based HoganTaylor has offered clients a wide array of talent development and talent management services for nearly a decade, including HR outsourcing and compliance, strategic planning facilitation, team-based training, executive coaching, and
NFP leadership practices are experiencing a transformative shift, focusing on diversity, collaboration, empathy, data-driven decision-making, and sustainability. These emerging trends underscore that diverse perspectives and experiences lead to better decision-making and outcomes and underscore a commitment to driving positive social change and community impact in the nonprofit sector.
Are you ready to revolutionize your tax practice? Don't miss our upcoming webinar, "Building a Tech-Driven Tax Practice” the first in an exciting series designed to help small and medium-sized tax firms thrive in the digital age.
Innovation in the workplace doesn’t happen spontaneously; it needs to be encouraged and cultivated for change to truly take place. Before your company can make transformative use of emerging technologies such as AI, you must carefully examine your organization’s culture and leadership’s reaction to failure to make the jump to the next level not just feasible but inevitable.
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.
We organize all of the trending information in your field so you don't have to. Join 237,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
264 
Let's personalize your content