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
The holiday season is a time for businesses to capitalize on increased consumer spending, yet despite the cheery holiday decoration, this period can be rife with accounting challenges for businesses. From managing cash flow to preparing for year-end reporting, the pressure on your accounting needs can quickly escalate during the holidays. Lets take a look into why businesses struggle with their accounting during the holidays, the common mistakes they make, and how outsourced bookkeeping and outs
Jump to Understanding the shift to advisory An introduction to Practice Forward Leveraging the Practice Forward community and resources A proven roadmap to stand out in a competitive market Advisory services represent a growing area of opportunity for accounting firms, driven by changing client demands for proactive, value-added tax guidance. Transitioning to an advisory-focused business model offers numerous benefits, including increased revenue, stronger client relationships, and a more fulfi
From those with no individual income tax at all, to those with complex tax structures a guide to most and least competitive states when it comes to individual income taxes.
CPAs, enrolled agents, and other practitioners would have to maintain technological competency under proposed regulations issued by the Treasury Department and the IRS on Dec. 20, which would update Circular 230.
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.
If youve settled into a hybrid environment, you may hear some backlash, but you may also have some excited staff members who enjoy being in the office.
The American Institute of CPAs is asking the Securities and Exchange Commission to reject the Public Company Accounting Oversight Board's recent standard.
The American Institute of CPAs is asking the Securities and Exchange Commission to reject the Public Company Accounting Oversight Board's recent standard.
After welcoming the MFK team, DSB Rock Island will have 110 employees, 16 partners and an estimated $31 million in revenue. This strategic transaction is part of long-term planning for both MFK and DSB Rock Island, according to firm leadership.
In this first of three parts of our second annual AI Thought Leaders Survey, our pool of experts share their take on the state of AI over the past year, for both good and ill.
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
Platform Accounting Group announced two more firms have joined the group. Based in Indiana and Illinois, the additions expand Platforms presence to the Midwest. Twelve firms have joined Platform this year, with a few more anticipated to join in January.
A Washington, DC tax accountant pleaded guilty for submitting falsified documents in his application for a $1.4 million purchase loan, which he later received.
Data is at the core of incorporating AI and automation into your firms workflows. Without a deliberate data strategy, these initiatives can fall short.
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.
This webinar is designed for accountants using QuickBooks, Xero, or similar accounting software. Learn how Avalara integrates seamlessly with your existing tech stack, saving time, reducing costly errors, and hear firsthand from a firm that has supported clients through their tax compliance journey. Plus, earn CPE credit!
HubSync Co. has announced several new enhancements to its product suite. These new features focus on how firms manage tax and accounting processes, leveraging cutting-edge AI and user-centric design.
55th GST Council meeting was held on 21st December, 2024 under the chairmanship of Union Minister of Finance and Corporate Affairs. The meeting was also attended by Union minister of different states. The GST Council made recommendations related to following matters: Changes in GST rates of Goods and Services; Clarification on GST Rates; Measures for facilitation of Trade; Measures for streamlining compliances under GST; Measures related to Law & Procedures Detailed discussions of recommenda
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?
Drivers had to follow a complex process to access their funds, and when they finally did, they faced further delays or fees if they needed to transfer the money they earned into an account of their choice.
During the 55th GST Council meeting, held on 21st December 2024 under the chairmanship of the Union Minister of Finance and Corporate Affairs, The GST Council recommended a change in the rate of GST on various Goods and Services and clarified the applicability of GST rates on various items. Detailed discussions of recommendations made by the GST Council with respect to GST rate is as follows: 1.
Holiday Leave is the perfect time to 'apply for' (or complete) your 2025 ProAdvisor Awards. Remember, you only have until February 11, 2025 to get those applications in for awards.
The invitation to comment is intended to explore ways the FASB can improve this area of financial reporting, which includes the accounting for acquired and internally developed intangibles.
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.
The accounting profession is undergoing significant changes in how it approaches CPA licensure, driven by an urgent need to attract new talent. Many view the traditional CPA path's return on time investment as insufficient.
Some services are a natural fit for CPAs. And although they might not be a part of their expected line-up, they are so closely integrated in business operations that it would almost be a disservice not to offer them.
Clearly define services and timelines to deliver great results while enjoying more free time with our bookkeeping template and expert tips. The post Bookkeeping Contract (Free Template + Instructions) appeared first on Future Firm.
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!
TheSECalleged that Entergy had inaccurate controls when recording materials and supplies, despite employees and management consultants flagging the issue.
New technology is impacting the speed of adoption, simplifying workflows and changing how businesses get paid and interact with taxing authorities worldwide.
The vast majority of family law cases are settled without trials. However, a client should not enter into a voluntary settlement if there are significant concerns about the truth of the financial disclosures and indications that assets or income may be hidden. The first step in determining whether a forensic accountant is needed to evaluate [.
The IRS on Dec. 20 released thedraft Instructions for Form 6765, Credit for Increasing Research Activities, and is seeking feedback on proposed changes to the form, which is used by taxpayers to claim the research and development tax credit.
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