Accounting Insight

AUGUST 5, 2024

In today’s world, embracing the right software tools for accountants is not just a matter of convenience; it’s a fundamental necessity. As the accounting landscape evolves, these tools become indispensable. While your first thought might jump to invoicing tools or actual accounting software, there is a whole world of possible tools that can help you streamline complex workflows, ensure your accountants remain agile in their roles, improve client communication, and more.

accounting firms 59

accounting firms Technology accountant accounted 59

RogerRossmeisl

AUGUST 5, 2024

Social media gets blamed for a lot these days — sometimes for good reason. Recently, the IRS issued a warning to individual and business taxpayers to beware of false claims about various federal tax breaks that appear on social media platforms. The common denominator of such claims is that they involve legitimate tax provisions for which most taxpayers don’t qualify.

Tax 245

Tax CPA 245

Accounting Today

AUGUST 5, 2024

A selloff in the riskier corners of the global market deepened, with stocks plunging and traders rushing to the safety of bonds as concerns about a slowdown in the world's largest economy intensified.

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RogerRossmeisl

AUGUST 5, 2024

While many facets of the economy have improved this year, the rising cost of living and other economic factors have caused many businesses to close their doors. If this is your situation, we can help you, including taking care of various tax responsibilities. To start with, a business must file a final federal income tax return and some other related forms for the year it closes its doors.

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Tax income tax tax return CPA 255

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

accounting and finance

Accounting Today

AUGUST 5, 2024

Environmental, social and governance work could be for accountants in the 21st century what tax and audits were in the 20th.

audit 119

audit Government Tax accountant 119

Accounting Today

AUGUST 5, 2024

Beverage giant Coca-Cola said that it will pay the very old debt, but it is still appealing.

Tax 132

Tax corporation tax 132

Insightful Accountant

AUGUST 5, 2024

Insightful Accountant has released the training schedule for its Be Insightful Premium Content and Training program for the rest of the year.

accountant 105

accountant Account accounted 105

CPA Practice

AUGUST 5, 2024

By Steve Saah. CPA firm leaders that view their multigenerational workforce as a source of competitive advantage have the right outlook. Sure, it can be challenging to create a cohesive and productive work environment when you have four or even five different generations working in your organization. But harnessing the strengths of each group, from the Silent Generation to Generation Z, can create significant upside for your business — and help position your firm for future success.

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cpa firm CPA accounting and finance Virginia 98

Going Concern

AUGUST 5, 2024

INSIDE Public Accounting has dropped its highly regarded Top 500 list as it does every year around this time and we now know who gets bragging rights as the biggest — Big D, obviously. Quick golf clap for them, everybody. Because it’s 2024 and the profession is currently being disrupted by private equity and spaghetti throwing , some of this data was in desperate need of an update before the virtual ink dried on insidepublicaccounting.com’s CMS (for example, last week’s n

accounting firms 89

accounting firms public accounting accountant accounted 89

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Historical bookkeeping clean-up is like an archaeological dig for financial documents. It is a vigorous, systematic process that ensures thorough scrutiny of every document. From verifying inconsistencies to reconciling payments, each layer of exhaustive evaluation brings greater clarity into your company's financial past. In this article, we will walk through all that historical bookkeeping clean-up entails.

bookkeeping

Accounting Today

AUGUST 5, 2024

The Public Company Accounting Oversight Board announced its largest-ever cohort of students will receive $15,000 each, up from $10,000 in previous years.

accountant 95

accountant Account accounted Education 95

KROST

AUGUST 5, 2024

When contemplating a merger or acquisition, buyers and sellers must decide whether to structure the deal as a stock or asset sale. Each structure carries distinct implications for both parties, influencing aspects such as tax liability, legal considerations, and overall transaction complexity. Understanding these differences is crucial for making an informed decision.

Sales 80

Sales Legal Tax 80

Accounting Today

AUGUST 5, 2024

The Nasdaq 100 Index posted its biggest intraday drop in nearly two years as investors braced for days of volatility amid rising concerns over a slowing U.S. economy and overheated gains in the technology sector.

accountant 68

accountant accounted Account 68

Going Concern

AUGUST 5, 2024

Is that Sister Minnie in the stock photo? She and I share the same iblis. Good morning! I trust everyone had a good weekend. Thomson Reuters covers value pricing versus traditional fee. Important quote: “To me, the idea of value pricing is that someone is buying a relationship, not a transaction.” — Paul Miller, President of Business by Design, Edina, MN Anyone looking to bring their accounting practice into the 21st century should give that a look.

cpas 57

cpas double entry bookkeeping accountant accounted 57

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By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.

auditor

Accounting Today

AUGUST 5, 2024

And that should be their firm, says David Wurtzbacher of Ascend.

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LSLCPAs

AUGUST 5, 2024

Imagine a scenario where a person passes away suddenly, leaving behind a complex web of assets, debts, and personal belongings. Without someone designated to manage these affairs, chaos can ensue: legal battles may arise, assets may go unclaimed, and the deceased’s final wishes might never be honored. This highlights the critical importance of having someone.

cpas 52

cpas Legal Tax 52

Anders CPA

AUGUST 5, 2024

Audit partner Lesley Sanchez, CPA, was named a St. Louis Small Business Monthly (SBM) Top Accountant for 2024. Each month, SBM polls readers to help identify the best in the area in a particular industry. The August issue focuses on the Top Small Business Accountants and features 8 local accountants who were voted the best in St. Louis. In her feature in the most recent edition of St.

Missouri 52

Missouri Illinois accountant accounted 52

CPA Practice

AUGUST 5, 2024

Blue & Co., LLC, a top-60 accounting and advisory firm based in Carmel, IN, and Pioneer Technology, an IT solutions expert based in Chattanooga, TN, have announced the formation of a strategic joint venture under the name of Blue Pioneer Consulting. “We are excited to further solidify our legacy of bringing innovative and cutting-edge solutions to our clients,” said Brad Shaw, managing director of Blue & Co., “Our values of being responsive, caring, advocates are what guide us when we ev

accountant 52

accountant Account accounted 52

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Accounting firms must embrace digital transformation to stay competitive. From improving efficiency and client experience to ensuring data security, digital tools offer the edge needed in a digital-first world. Discover how Fincent can streamline your transition. The accounting industry faces a digital revolution. As technology reshapes business, firms must adapt or risk obsolescence.

Tax

Cherry Bekaert

AUGUST 5, 2024

In today’s highly competitive business landscape, strategic recruitment plays a crucial role in driving organizational success. External support in recruitment brings substantial benefits, from coping with talent shortages to promoting diversity and fostering innovation. Partnering with the right external support can profoundly impact your organization’s growth and operational efficiency.

accounting and finance 52

accounting and finance Finance Account accountant 52

Insightful Accountant

AUGUST 5, 2024

Murph wants to confirm how you should handle certificate uploads if the date on your ProAdvisor certificates doesn't reflect the most current actual re-certification date.

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52

Accounting Today

AUGUST 5, 2024

A study says that the most efficient way to use generative AI is a combination of robotic process automation and application programming interfaces, but it is also the most difficult to implement.

Technology 56

Technology 56

RogerRossmeisl

AUGUST 5, 2024

Divorce entails difficult personal issues, and taxes are probably the farthest thing from your mind. However, several tax concerns may need to be addressed to ensure that taxes are kept to a minimum and that important tax-related decisions are properly made. Here are six issues to be aware of if you’re in the process of getting a divorce. 1. Personal residence sale In general, if a couple sells their home in connection with a divorce or legal separation, they should be able to avoid tax on up t

Tax 52

Tax Legal CPA Sales 52

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Uncover the latest trends in expense management for small and medium-sized businesses. Our 5th Annual Trends Survey reveals that corporate card use is skyrocketing, but expense software isn't keeping up. This mismatch is creating real challenges for finance teams, who now take an average of 14 days to close their books. Travel policies are shifting to accommodate hybrid work, but many companies are struggling with off-tool bookings.

Expense Management

Accounting Today

AUGUST 5, 2024

Top 75 Firm Blue will offer cybersecurity and IT services through a partnership with Pioneer Technology.

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accounting firms accountant accounted Account 68

CPA Practice

AUGUST 5, 2024

Sage , a provider of accounting, financial, HR, retail and payroll technology for small and mid-sized businesses, has announced the launch of Inventory Planner Essentials, a new tool from Inventory Planner by Sage designed specifically to meet the needs of small merchants. Inventory Planner Essentials, initially available exclusively on the Shopify App Store, tackles a major pain point for small merchants: excess, unsold inventory.

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payroll Retail Sales accountant 111

Accounting Today

AUGUST 5, 2024

Here are some ways to build your wealth outside your practice.

accounted 92

accounted accountant Account 92

CPA Practice

AUGUST 5, 2024

Botkeeper is has announced the keynote speaker and other details of its upcoming conference AI Unchained 2024. Kal Penn will headline AI Unchained 2024, an electrifying, three-day event taking place in picturesque Santa Rosa, California, from October 8-10, 2024. The one-of-a-kind event will merge automation and artificial intelligence technology with unparalleled networking and educational opportunities.

Technology 104

Technology Education Entertainment CPA 104

Speaker: Duke Heninger

With the rise of fractional finance roles, many CFOs, FP&A professionals, controllers, and accountants are stepping into independent consulting. The expansion of fractional services presents new opportunities for finance professionals, but many face challenges in navigating this transition, finding it daunting. Whether you’re new to fractional work or refining your approach, this webinar will equip you with a repeatable system for success.

accounting and finance

Accounting Today

AUGUST 5, 2024

The planning strategies for large individual equity holdings pose tax, investment and behavioral questions for financial advisors and their customers.

Tax 54

Tax 54