Accounting Today

DECEMBER 16, 2024

Embracing artificial intelligence and automation can help accounting firms take a human-centered approach to efficiency.

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CPA Practice

DECEMBER 16, 2024

Savvy savers should plan ahead to help save more and avoid penalties and tricky tax situations. Here are five changes coming to IRAs and 401(k)s in 2025.

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Tax 105

Accounting Today

DECEMBER 16, 2024

Pennsylvania Institute of CPAs CEO Jennifer Cryder dives into why and how new paths to CPA licensure are opening up.

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AccountingDepartment

DECEMBER 16, 2024

When you have a small or mid-size business, one of the issues you can run into is not having all the departments a larger company would have. In other words, you might not have dedicated employees for HR, accounting, and other areas. Fortunately, there are ways to outsource a number of services, including client accounting services. This helps keep your company growing and succeeding, without the need to bring on more employees or overwork yourself to get everything done.

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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.

Finance

Accounting Today

DECEMBER 16, 2024

The Institute of Internal Auditors and the Association of Chartered Certified Accountants have renewed their memorandum of understanding for another three years.

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ThomsonReuters

DECEMBER 16, 2024

Jump to 1. Use data encryption when working with clients 2. Implement access controls to use GenAI 3. Implement a quarterly security audit 4. What to consider when selecting the right technology 5. Provide security training as part of your firms annual curriculum 6. Minimize unnecessary data 7. Incorporate privacy considerations into the GenAI system 8.

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ThomsonReuters

DECEMBER 16, 2024

Jump to Understand the value of an advisory model Identify ideal clients for advisory services Convert clients from compliance to advisory Build long-term, meaningful relationships with clients The shifting dynamics in the accounting industry present an opportunity for small and midsized firms to gain a competitive edge by moving beyond traditional compliance tasks and embracing a more advisory-focused approach.

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cpas Education Technology CPA 52

Basis 365

DECEMBER 16, 2024

As the new year approaches, many business owners scramble to prepare for the January 31st deadline to file 1099 forms. These forms are essential for reporting payments made to vendors, contractors, and other non-employee service providers. Failing to file accurate and timely 1099s can result in penalties, frustration, and wasted time. However, with outsourced fractional accounting services , you can simplify this annual task.

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Withum

DECEMBER 16, 2024

On November 27, 2023, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2023-07, Segment Reporting Improvements to Reportable Segment Disclosures. Effective for fiscal years beginning after December 15, 2023, it applies to public entities, including broker-dealers. The goal of segment reporting is to provide insight into a companys business activities and economic environment.

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Insightful Accountant

DECEMBER 16, 2024

You can still 'apply' for the the 2025 ProAdvisor Awards even though 3rd-party nominations have closed. Applications, new or in progress, must be submitted by February 11, 2025.

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Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

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Accounting Today

DECEMBER 16, 2024

Chief financial officers continue to experience a downward decline in tenure and the lowest level of job security in the C-suite, according to a new study.

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Insightful Accountant

DECEMBER 16, 2024

The recent nationwide preliminary injunction against the Corporate Transparency Act (CTA) enforcement creates significant uncertainty for tax practitioners handling beneficial ownership information (BOI) reporting.

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Tax 52

Accounting Today

DECEMBER 16, 2024

The average audit fee increased to $3.01 million from 2022 to 2023, up from $2.83 million in the previous cycle, according to a new report.

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audit 52

CPA Practice

DECEMBER 16, 2024

Part of SAP Sustainability solutions, SAP Green Ledger allocates carbon emissions to specific economic activities and transactions captured by ERP solutions from SAP.

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Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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Canopy Accounting

DECEMBER 16, 2024

Accountant-client privilege is a vital element of building trust, but balancing compliance rules is challenging. Learn how the right CRM can help.

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CPA Practice

DECEMBER 16, 2024

Vertex delivers innovative tax technology designed to support complex operations across industries, helping ensure accurate tax determination, and seamlessly integrating with evolving business models.

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Accounting Today

DECEMBER 16, 2024

Kahn, Berman, Solomon, Taibel & Mogol in Hunt Valley, Maryland, is adding Varanko & Black CPAs, another firm in Baltimore County, effective Jan. 1, 2025.

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Withum

DECEMBER 16, 2024

Many manufacturing companies encounter challenges when trying to manage their operations within an ERP system. Unlike more standardized industries, manufacturing involves a wide range of variables, including custom production workflows, specialized machinery and intricate supply chain logistics that are often unique to your product. Configuring out-of-the-box NetSuite to meet these unique requirements can be particularly difficult.

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Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Accounting Today

DECEMBER 16, 2024

Ed is offering to email a bundle of articles that provide helpful tax, valuation, financial planning and practice management advice.

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CPA Practice

DECEMBER 16, 2024

The NJCPA Emerging Leaders Council, which sponsored the Food Drive, also held a volunteer day at the FoodBank to help pack food for seniors and veterans.

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Accounting for Good

DECEMBER 16, 2024

An Australian Of The Year Finalist in the local hero category, Claude Robinson and Rainbow Lodge care for the men nobody wants.

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CPA Practice

DECEMBER 16, 2024

The program, now in its 16th year, was held in Durham from December 9-12. The AICPA Leadership Academy was created to inspire, nurture and empower the next generation of diverse CPA leaders by providing them with advanced leadership training.

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Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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Accounting Today

DECEMBER 16, 2024

Chicago Mayor Brandon Johnson is reversing his plan to raise property taxes by offering to use some bond refinancing savings and defer a loan repayment.

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Going Concern

DECEMBER 16, 2024

Good morning and happy Monday! I heard you like news so here’s some just for you. A Los Angeles firm is doing a reverse pioneer thing and planting a flag in Salt Lake City : Salt Lake Citys growing and vibrant business base, experienced workforce, and the presence of world-class accounting programs at local universities are prompting HCVT, the largest CPA firm based in Los Angeles, to open a sizable office in the market, company officials announced today.

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Wellers Accounting

DECEMBER 16, 2024

Tom Biggs ACA CTA, provides a comprehensive list of the tax and financial dates you need to be aware of in 2025.

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Withum

DECEMBER 16, 2024

As businesses continue to evolve and embrace digital transformation , the need for efficient and automated workflows has never been greater. Power Automate, a versatile workflow automation tool from Microsoft Power Platform , empowers organizations to create cloud flows that automate a wide range of tasks, reducing the need for manual intervention. To maximize the benefits of Power Automate, it is essential to follow best practices that ensure your Power Automate cloud flows are not only efficie

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Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging technology to drive productivity and cost savings. So, how do you make the case for automation within your organization?

AP Automation

Anders CPA

DECEMBER 16, 2024

As the son of a commercial collection attorney, Brett Gelfand never wanted to get into debt collection. But when he found himself in the thick of the cannabis business in Colorado, where delinquency rates were through the roof, he saw an opportunity that would lead him to create Cannabiz Collects – the only cannabis debt collection agency. Brett started wholesaling his product on terms in 2015, before that was common in the industry.

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Accounting Insight

DECEMBER 16, 2024

Modulr, a leading digital payment services provider, is today announcing a significant new contract with His Majesty’s Revenue and Customs (HMRC) for the provision of Confirmation of Payee (CoP) services. Under the agreement, Modulr will continue to protect the security of HMRC’s payments to individuals and businesses through its CoP service, which helps prevent fraud by validating bank account details in real-time with receiving banks and payment institutions.

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Menzies

DECEMBER 16, 2024

Menzies LLP - A leading chartered accountancy firm. The Ever-Changing Economic Landscape As decades pass working in the UK, the nature of the boom and bust cycle continues to evolve. From high interest rates to low, and from slow growth to unsustainable surges, the economic tides shift constantly. Yet, one thing seems to remain the same: the construction industry persists as the bellwether of the economy.

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