Accounting Today

APRIL 26, 2024

Test your knowledge of the biggest accounting headlines of the week. No. 2 pencil not required!

accountant 130

accountant accounted Account Tax 130

CPA Practice

APRIL 26, 2024

With the 2024 filing season in the rearview mirror, the IRS provided an update Friday on how well its Direct File pilot program fared this year but said little about what the future holds for its prized tax-filing service. “From the very beginning of the Direct File pilot, we wanted to test new ways to give taxpayers an easy, accurate, and free way to file their taxes online directly with the IRS,” IRS Commissioner Danny Werfel said on April 26.

South Dakota 110

South Dakota Tax New Hampshire Wyoming 110

Accounting Today

APRIL 26, 2024

While the term "innovation" isn't necessarily associated with most CPA firms, this perception can easily be changed with the right strategic moves.

cpa firm 108

cpa firm CPA 108

SchoolofBookkeeping

APRIL 26, 2024

So, you're a small business owner. You've been managing your own books, stumbling through QuickBooks Online like a bull in a china shop, desperately hoping you're not accidentally committing financial seppuku. But fear not, dear entrepreneur, Intuit QuickBooks has heard your cries for help. And their solution? QuickBooks Live Assisted Bookkeeping, because apparently, managing your own finances just isn't stressful enough.

quickbooks 98

quickbooks bookkeeping accounted Account 98

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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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.

Finance

Accounting Today

APRIL 26, 2024

Financial advisors, tax professionals and their clients get another year to think through potential tax, distribution and trust strategies, according to experts.

Tax 93

Tax 93

Randal DeHart

APRIL 26, 2024

In the world of small businesses, positive cash flow is king. The driving force keeps your business engine running smoothly, covering all your liabilities. But what happens when outflow exceeds inflow? Cash flow problems ensue, threatening the survival and growth of your construction business. These cash flow problems can originate from various sources, including macroeconomic issues like recessions, natural disasters, wars, and microeconomic problems like business decisions and performance.

Construction 91

Construction accounted Account accountant 91

Accounting Today

APRIL 26, 2024

The Internal Revenue Service's Direct File pilot program officially closed Friday, after 140,803 taxpayers used it in 12 states.

Tax 81

Tax 81

Going Concern

APRIL 26, 2024

This past February, the PCAOB released KPMG’s 2022 inspection report but inexplicably redacted the firm’s deficiency rate. To say this was very strange would be minimizing the situation, something we aren’t generally known to do. VERY strange. CAPS exclamation points Confused Nick Young meme strange. This isn’t something we’d ever seen, certainly not in a Big 4 inspection.

audit 69

audit Texas 69

Accounting Today

APRIL 26, 2024

The bank successfully fought off a London court claim brought by investors over tax breaks linked to financing for 'Pirates of the Caribbean 2.

Tax 78

Tax Finance Entertainment 78

CPA Practice

APRIL 26, 2024

By Natallie Rocha, The San Diego Union-Tribune (TNS) Katherine Lu Acquista, 47, pleaded guilty to wire fraud in federal court Thursday, admitting to stealing more than $430,000 for her own personal expenses while she was the director of operations and accounting for the San Diego Regional Economic Development Corporation (EDC). She carried out the scheme for about five years, from 2017 to 2022, according to court records.

accounted 69

accounted Account accountant payroll 69

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

Technology

Accounting Today

APRIL 26, 2024

Plus, the Kansas Society of CPAs gives out scholarships; the Accounting MOVE Project announces a mini summit; and more.

Kansas 75

Kansas cpas accounted Account 75

CPA Practice

APRIL 26, 2024

The Private Company Council ( PCC ) met on Thursday, April 18, 2024. Below is a summary of topics discussed by PCC and FASB members at the meeting: PCC Agenda Priorities: PCC members discussed their agenda priorities and the factors that should be considered in their determination. PCC members supported conducting preliminary research on the following areas: debt modifications and extinguishments, credit losses—short-term trade accounts receivable and contract assets, lease accounting simplifica

accounting standards 64

accounting standards Government financial statements Education 64

Accounting Today

APRIL 26, 2024

The Los Angeles-based boutique investment bank's audit by Marcum cited multiple material weaknesses in the company's reporting, and some of the previously reported data was revised.

audit 72

audit 72

CPA Practice

APRIL 26, 2024

PKF O’Connor Davies, one of the nation’s largest accounting, tax and advisory practices, has established the PKF O’Connor Davies University as a formalized, enhanced approach to team members’ continuing education. Designed as a key element of the organization’s recently launched career development program, Pathways to Success, PKF O’Connor Davies University provides team members with an array of industry-specific training, coaching and certification opportunities that are foundational for career

Education 52

Education audit Tax accounted 52

Advertisement

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.

Account

Accounting Today

APRIL 26, 2024

Even if a program is predominantly funded with federal dollars, there may be other sources of funds from which local governments can draw.

Government 72

Government accountant accounted Account 72

Cherry Bekaert

APRIL 26, 2024

Company Background The Company is a prominent player in commercial and residential real estate construction, operating across the southeast of the U.S. With more than five million square feet of space developed or redeveloped, the Company focuses on retail, multi-family, hospitality, office, industrial and residential properties. Its success is underpinned by conservative investments and a commitment to high-quality projects, fostering long-term relationships with major retailers and commercial

Real Estate 52

Real Estate Construction North Carolina South Carolina 52

Accounting Today

APRIL 26, 2024

AuditBoard announces AuditBoard AI now generally available; Earmark launches web app; and other accounting technology news.

Technology 72

Technology accounted Account accountant 72

CPA Practice

APRIL 26, 2024

By Arcelia Martin, The Dallas Morning News (TNS) Within 45 minutes of the Federal Trade Commission posting its latest ruling outlawing noncompete clauses , Ryan, a Dallas-based global tax services firm, filed the first of what would soon be a slew of lawsuits against the ban. Business groups in Texas and across the country are fighting the FTC’s decision to prohibit agreements between companies and workers that typically bar employees from working for competitors in the future or starting a simi

North Dakota 52

North Dakota Texas Oklahoma Minnesota 52

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?

Finance

Accounting Today

APRIL 26, 2024

We're witnessing the evolution of the "new firm.

cpas 60

cpas 60

Cherry Bekaert

APRIL 26, 2024

Over the past four decades, enterprise resource planning (ERP) solutions have evolved to incorporate new technologies and have expanded their reach to support back-end business processes as well as front-office functions, driving massive efficiencies across business operations enterprise-wide. By 2025, the ERP market is expected to exceed $49.5 billion, with defense and aerospace, retail, and government utility sectors driving its growth. 1 With the rapid adoption of AI, cloud technology, and ad

Technology 52

Technology NetSuite Manufacturing Government 52

Accounting Today

APRIL 26, 2024

The bakery chain collapsed into insolvency in 2019 after a forensic investigation revealed thousands of false entries in its accounts.

accountant 56

accountant accounted Account 56

Anders CPA

APRIL 26, 2024

Jeanne Dee, CPA/CGMA, audit and assurance partner at Anders, will be honored by the University of Missouri – St. Louis at the Salute to Business Achievement Awards. The award recognizes UMSL Business graduates who’ve made outstanding contributions to their community, profession and the university. Honorees are selected by leadership in the College of Business and the Alumni Association’s College of Business Alumni Chapter.

Missouri 52

Missouri accounting principles audit CPA 52

Advertisement

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.

accounting and finance

Ronika Khanna CPA,CA

APRIL 26, 2024

As business owners and employees are increasingly working remotely, often from their home offices , it helps to set up an infrastructure where business functions can be handled online. This includes tax payments, which tax agencies have tried to make as easy as possible by offering several options. The benefit of making tax payments online is that they allow businesses reduce the hassle of manually transcribing information onto forms that then have to be mailed in along with a cheque, before a c

corporation tax 56

corporation tax payroll Tax Sales 56

Going Concern

APRIL 26, 2024

ICYMI: These are the most read stories on Going Concern this week Deloitte Checks in on Women at Work, the Results Aren’t Good PwC Announces It’s ‘Aligning Its Organizational Structure’ and Using Fewer BS Words in Job Titles KPMG Was Too Cheap to Pay Foreign Graduates More So They Yanked All Their Job Offers The PwC Partner Class Will Be Much Smaller This Year Accounting Firms Will Not Be Leading the AI Revolution Big 4 KPMG hires ex-prisoners as part of Gov strategy to tackle £18bn reoffending

cpas 105

cpas auditor West Virginia accounting and finance 105