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
Business owners have a lot of decisions to make, especially in the beginning. One of the most important decisions is how to handle bookkeeping for your business. There are three methods of accounting to choose from: Cash-basis, modified cash-basis, and accrual accounting. The two methods that differ the most are accrual and cash-basis accounting.
The rise of remote work has impacted the majority of industries across the U.S. The Bureau of Labor Statistics found that between 2019 and 2021 the percentage of remote workers rose from less than 17% to over 39% among professional, scientific, and technical servicesincluding tax professionals. Adopting remote working practices comes with both advantages and disadvantages: how can you communicate well across geographies and time zones and make sure the client gets the best product?
On average 56 minutes a day, or 18 hours a month , according to the 2025 State of AI in Accounting Report by Karbon. Who’s working just 18 days a month? Good for them. Karbon said: On average, accounting professionals save 56 minutes a day (a potential of 18 hours a month) with AI, with over a third (38%) of this time spent on communication tasks like drafting emails and managing correspondence.
Time will tell how a federal hiring freeze, Elon Musk's push for efficiency and new tax-focused legislation will shape the path of the Internal Revenue Service.
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.
A total of 200,000 postage stamps worth $146,000 from Hong Kong were seized after an inspection determined the stamps were fake, according to a Feb. 21 CBP news release.
A total of 200,000 postage stamps worth $146,000 from Hong Kong were seized after an inspection determined the stamps were fake, according to a Feb. 21 CBP news release.
The AICPA cites the need for these updates to ease the confusion created by disaster relief due to the multiple deadlines for various actions necessary to be eligible for the qualified disaster loss.
Anders Managing Partner Robert Minkler, Jr. has been named to St. Louis Magazines Business 500, a definitive guide to the regions most influential, impactful and innovative leaders. The list recognizes C-suite executives and emerging entrepreneurs across a wide range of industries. As part of the St. Louis Business 500, St. Louis Magazine also released Beyond the Bios , offering an in-depth look at these leaders aspirations, achievements, and interests beyond the workplace.
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
Warren Buffett said the company has paid the U.S. government more than $101 billion in taxes since he took the helm 60 years ago, more than any other company in history.
WalletHub released a new study of the states with the highest property tax rates to give prospective homebuyers a better understanding of how much they can expect to pay each year.
A quick glance at the latest 2025 tax refund numbers may be cause for concern for those who havent filed yet, but the IRS says theres a good reason why certain numbers are down.
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.
"On the rail again and paying sales tax along the rail again" Did you catch that little change from the last time? Rail vs. Road! In this edition of Sales Tax Trip Tuesday we take our 'first ever' rail trip aboard the 'Rocky Mountaineer.
Join Amy Freshman (ADP) , Darren Root (Better Every Day) , and Nicole McMillan (Canopy) as they discuss practical strategies for accountants to maintain wellness, avoid burnout, and stay productive during the busiest time of the year.
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?
"On the rail again and paying sales tax along the rail again" Did you catch that little change from the last time? Rail vs. Road! In this edition of Sales Tax Trip Tuesday we take our 'first ever' rail trip aboard the 'Rocky Mountaineer.
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.
CBIZ and Mayer Hoffman McCann had been operating under an alternative practice structure long before many other firms began adopting one after a PE investment.
Migrating 40+ robotic process automations to Microsoft Power Platform for enhanced reliability and scalability. Executive Summary Building on established RPA automations, Fortune 500 food manufacturer undertook a significant project to migrate over 40 processes from a legacy automation platform to Microsoft Power Platform. This transition not only improved automation reliability and cost-effectiveness, but also allowed for broader employee participation in automation initiatives.
Across businesses, there is an expectation that you conform in the workplace. This makes sense: work is work, everyone has a job to do. But what about topics or behaviours that are left unsaid or avoided? The workplace taboo can take many forms, and most of the time we know what they are and dont engage or participate in them. For example, committing crimes like assault or robbery will find you without a job and in jail.
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!
In December 2023, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2023-08, significantly impacting how nonprofit organizations account for and disclose crypto assets. This update introduces new guidelines that require nonprofits to adapt their financial reporting practices to provide more accurate and transparent information.
In today’s digitally-driven world, businesses across all sectors undergo significant technological transformations. These changes, often involving transitions to cloud-based systems, are reshaping how core business functions operate, including taxation. For example, reduced IT maintenance can save businesses an average of $297k. IT professionals are essential to driving successful digital transformation across the indirect tax department.
Using Oracle NetSuite can significantly accelerate your procurement cycle time by leveraging process optimization, purchase order automation, integration features or adding a 3 rd Party application. The procurement cycle varies by industry and company but generally includes: Purchase order management and approvals Item receipt or service completion Accounts payable invoices and payments Vendor management Enhancing procurement cycle velocity offers benefits such as lower operational costs, quicke
The House Budget Committee has voted along party lines (21-16) to advance a budget resolution that would allocate $4.5 trillion primarily for extending the 2017 Tax Cuts and Jobs Act (TCJA) provisions and implementing additional tax reforms.
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.
Let's personalize your content