Acterys
OCTOBER 29, 2024
Collaborative planning and forecasting brings business leaders together to evaluate historic business performance against changing circumstances and create a plan for future success. Yet despite producing more data than ever before, many organizations still struggle to unlock its full potential. Instead of driving smarter decision-making, data often remains underutilized due to issues with access and clarity.
CPA Practice
OCTOBER 29, 2024
By Mark Thomas. As you embark on your career journey into the world of accounting, you’ll find that your first years can be full of twists and turns. While some of you may seamlessly land a dream role right out of school, others might navigate through multiple positions before discovering their true professional passion. Amidst this exploration, it becomes crucial for you to refine your approach to personal finances so you can confidently manage the financial realities of adult life.
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Going Concern
OCTOBER 29, 2024
This post is for the employers. If you’re a job seeker you can ignore this. With many of the big firms having called their people back to the office three or more days a week, more professionals than ever are on the hunt for remote work. Adding to this flood of jobseekers in the accounting space is the worrying trend of layoffs which you’d think would make things great for hiring managers.
CPA Practice
OCTOBER 29, 2024
A new pass-through field operations unit announced in fall 2023 has officially started work in the IRS’s Large Business and International (LB&I) division to more efficiently conduct audits of pass-through entities, the tax agency said on Oct. 22. Pass-through organizations—including large partnerships, S corporations, and trusts—will be in the crosshairs of the new work unit within LB&I.
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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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.
BurklandAssociates
OCTOBER 29, 2024
Recent additions to Burkland’s cash runway extension toolkit include a free runway calculator and a customizable treasury policy template. The post Measure & Extend Your Startup’s Cash Runway appeared first on Burkland.
CPA Practice
OCTOBER 29, 2024
Lili , a financial platform designed for small business owners, today announced that it is launching Lili Connect,an embedded finance integration that streamlines small business banking, accounting, and tax processes, allowing partners to offer Lili’s comprehensive financial management tools directly through their platform. With Lili Connect, partner companies can help their small business customers manage their financial needs in one place with Lili’s unique offerings—including a business che
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
CPA Practice
OCTOBER 29, 2024
Propense , a SaaS platform utilizing AI technology to improve client experiences and drive cross-selling revenue for professional services firms, announced today a significant investment from Thomson Reuters Ventures to propel its growth. The investment enables Propense to continue advancing its proprietary cross-selling technology by developing innovative, human-centered AI solutions designed to help firms predict client needs and use the full breadth of their offerings to serve clients and ma
ThomsonReuters
OCTOBER 29, 2024
The rise of continuous transaction controls (CTCs)—and the increasing number of other digital real-time controls being implemented every year—makes managing indirect tax more complex and riskier than ever. In many jurisdictions, you must now ensure that your assessment is correct at the moment of the transaction, if not before. There’s no time to review it and reconcile it later.
CPA Practice
OCTOBER 29, 2024
GBQ Partners, a full-service accounting firm with over 300 professionals across multiple Ohio offices, has established itself as a trusted advisor to clients in construction and various other industries. With the implementation of the new lease accounting standards under ASC 842, GBQ faced significant challenges in helping their construction clients navigate these complex changes.
Withum
OCTOBER 29, 2024
Generative AI for business is a transformative technology that allows developers to build applications using machine learning models trained on vast data sets to generate business content that often resembles human creation. While powerful, it poses certain risks, emphasizing the need for responsible AI practices. This guide outlines Microsoft’s approach to responsible generative AI, based on the Microsoft Responsible AI standard, and addresses specific considerations for generative models.
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
CPA Practice
OCTOBER 29, 2024
Global revenue for PwC grew 3.7% in local currency terms and 4.3% in U.S. currency terms to $55.4 billion during its 2024 fiscal year that ended June 30, the Big Four accounting firm said on Monday. PwC’s 4.3% revenue growth is slightly larger than the 3.8% and 3.6% year-over-year growth shown by its Big Four counterparts, EY and Deloitte , respectively, this year.
Accounting Today
OCTOBER 29, 2024
Uncertainty around sunsetting provisions should have professional athletes planning ahead on their taxes.
Anders CPA
OCTOBER 29, 2024
Guillermo and Brett are joined by Kevin Brooks, CEO of Conception Nurseries. They break down cannabis cultivation, particularly tissue-culture services. Kevin shares his journey from the tech industry to cannabis, emphasizing the importance of tissue culture in providing clean, consistent plant genetics. He discusses the challenges in the cannabis supply chain and the benefits of outsourcing mother plant cultivation.
Accounting Today
OCTOBER 29, 2024
The Financial Accounting Standards Board issued a proposed accounting standards update to update the guidance on accounting for software, specifically when it comes to developing software for internal use.
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CPA Practice
OCTOBER 29, 2024
Top 200 accounting firm Herbein + Co. has established its first location in Delaware after acquiring Bumpers & Co., a Wilmington, DE-based full-service accounting and advisory firm, effective Oct. 28. Financial terms of the deal weren’t disclosed. Bumpers’ managing partner, Douglas Kook, director Chadwick Milton, and the firm’s team of 18 professionals will remain at their current Wilmington location, which will become a new Herbein office.
Accounting Today
OCTOBER 29, 2024
Thomson Reuters has made a major investment in Propense, an AI-powered cross-selling solution, which will enable the company to expand its reach among CPA firms.
CPA Practice
OCTOBER 29, 2024
Artificial intelligence (AI) is changing industries worldwide. A recent survey found that 90% of respondents are using AI to some extent, but this doesn’t mean that everyone is sitting at their desks and putting all of their work duties on autopilot. Like other software, AI is helping streamline some tasks and is used as an aid for many in the accounting industry.
Accounting Today
OCTOBER 29, 2024
The increasing amount of investment from private equity firms in the accounting profession is transforming the ways accountants pursue their careers, according to a new report.
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?
CPA Practice
OCTOBER 29, 2024
Intuit Inc. the global small business and personal financial platform that makes Intuit TurboTax , Credit Karma , QuickBooks , Mailchimp , and several technologies for tax and accounting professionals, released new innovations at its annual Intuit Connect conference to serve the accounting community and business customers through the company’s AI-driven expert platform.
Accounting Today
OCTOBER 29, 2024
Job and wage growth continued at a moderate pace among small businesses in October, likely slowed by the impact of recent hurricanes down south, according to payroll company Paychex.
CPA Practice
OCTOBER 29, 2024
Professionals on the Move is a round-up of recent hiring and staffing announcements from around the profession. KPMG Announces New Leaders KPMG recently announced that Rob Fisher, who has been leading KPMG’s sustainability practice, is moving to a new role as the US Consulting Sector Leader for Financial Services and Insurance. Maura Hodge will be taking over as the new KPMG US Sustainability Leader.
Accounting Today
OCTOBER 29, 2024
The number of taxpayers filing Forms 1040 and 1040-SR are projected to increase by about 10,000,000 over the next eight years.
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CPA Practice
OCTOBER 29, 2024
Few things have created more discussion and disruption in the profession than the current confluence of private equity’s entry into the accounting world with the ongoing talent shortage. But this story goes beyond just the financial implications. “While the influx of cash is grabbing headlines, we believe the real story is how this new structure will transform firm dynamics and career opportunities for its team members, particularly women and people of color,” said Bonnie Buol Ruszczyk, Accounti
Accounting Today
OCTOBER 29, 2024
Foreign gifts and penalties; FBARs and the Constitution; contention and confusion; and other highlights from our favorite tax bloggers.
Insightful Accountant
OCTOBER 29, 2024
Cyngn is bringing autonomous warehouse robots into reality just like Tesla is bringing autonomous commercial vehicles into reality.
Accounting Today
OCTOBER 29, 2024
The Pennsylvania-based Regional Leader is expanding to Delaware.
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 29, 2024
Good news for hundreds of thousands of ProAdvisors, the term ProAdvisor is making its way back onto the New Badges and Certificates that have appeared over the last week or so.
Accounting Today
OCTOBER 29, 2024
Taiwan's firms see high U.S. taxes as a major impediment to additional investment in America.
Insightful Accountant
OCTOBER 29, 2024
In this episode of the Accounting Insiders Podcast, Gary DeHart sits down with CPA doctoral candidate Christine Gervais to address the biggest technology challenges facing small tax practices.
Accounting Today
OCTOBER 29, 2024
What looks like a domestic triumph is also a win for America's primary industrial and geopolitical rival.
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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