SMBAccountant
JANUARY 5, 2024
Beyond the mere transition in dates, New Year's marks a universal opportunity for change. It can serve as a catalyst for reflection, inspiring individuals to set resolutions, for themselves and their businesses. The beginning of a new year also means a fresh start for your Income Statement; which is why now is the perfect time to review your accounting software needs.
Accounting Today
JANUARY 5, 2024
The Internal Revenue Service will be hosting a Tax Professional Awareness Week starting Monday, Jan. 8, to give tax pros an opportunity to get ready for tax season.
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Going Concern
JANUARY 5, 2024
Our 2024 Predictions For the Accounting Profession survey is still open and we invite you to share your thoughts on what lies ahead. Not only do we care about the future, we also asked what issue is currently affecting the profession but not talked about nearly enough or even at all. Shout-out to all of you who mentioned pay as if that isn’t THE most talked about issue.
Accounting Today
JANUARY 5, 2024
Businesses eager to see Congress revive expired research and investment tax breaks have reason for optimism that a deal could come together as soon as this month.
Speaker: Amanda Adams, Fractional CFO, CPA
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.
Going Concern
JANUARY 5, 2024
If any of the qualities listed below sound familiar, don’t even bother. TL;DR Are you an annoying person without any friends who can’t strategize your way out of a paper bag? If so, the coveted CFO position is — and will likely remain — out of your reach. So, you think you’re ready to be a Chief Financial Officer (CFO)? Before you start fantasizing about that corner office and the fancy title, let’s get one thing straight: being a CFO is not as easy as you think.
Withum
JANUARY 5, 2024
Mark Eckerle and Ron Quaranta of Wall Street Blockchain Alliance, discuss WSBA’s activity within the crypto ecosystem and its plans for 2024. Listen now.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
Randal DeHart
JANUARY 5, 2024
In the construction industry, communication takes many forms, including written reports, drawings, emails, and face-to-face meetings. Each form of communication has its own set of advantages and disadvantages. For example, written reports and illustrations provide a permanent record of information, but they may not be as effective in conveying complex ideas as face-to-face interactions.
Accounting Today
JANUARY 5, 2024
The Internal Revenue Service is extending the period for dealers and sellers of so-called "clean" vehicles such as electric cars to submit time-of-sale reports by a few days to qualify for tax credits.
SkagitCountyTaxServices
JANUARY 5, 2024
Making New Year’s resolutions seems like a waste of time. Sure, we might start with the best of intentions, but by February most of us have quit the gym, returned to normal eating habits, and left books unread on our bedside tables. But something I do believe in making at the start of the year are goals — both personally and professionally, short- and long-term.
Cherry Bekaert
JANUARY 5, 2024
Transitioning our energy infrastructure to cleaner sources will take significant capital investment, rapid technological innovation, and collaboration between industries and regulatory bodies. Those were the key points shared by manufacturing leaders from both the supply and demand side of the energy equation, who spoke at a session about operations and sustainability during Cherry Bekaert’s 2023 Modernizing Manufacturing Symposium.
Speaker: Abdi Ali, Sr. Lease Accounting Consultant
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
Withum
JANUARY 5, 2024
The NYC Biotechnology Tax Credit offers a valuable financial incentive to investors and owners of qualified biotechnology companies. This credit can offset various taxes including business corporation tax, general corporation tax, and unincorporated business tax. Eligibility Criteria To be eligible, a company must: Engage in Biotechnology: This involves manipulating living organisms to create products that enhance life and health, along with related scientific research and services.
Accounting Insight
JANUARY 5, 2024
Investment platform Lightyear announces a record year of investment activity on the platform. Seeing nearly 20% month-on-month growth in assets under management (AUM), the appetite for investing – despite another rollercoaster year for the public markets – remains high. In 2023, the company also increased its headcount by 45%, taking the team size to over 50 people, released 8 new products and launched in 2 new countries. 2023 was the year of cash With the GBP interest rate reaching
Accounting Today
JANUARY 5, 2024
The unemployment rate remained unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported.
CPA Practice
JANUARY 5, 2024
By Augusta Saraiva, Bloomberg News (via TNS). U.S. job growth picked up in December and wage gains exceeded expectations, diminishing prospects for an imminent Federal Reserve interest-rate cut. Nonfarm payrolls increased 216,000 after downward revisions to the prior two months, a Bureau of Labor Statistics report showed Friday. The unemployment rate held at 3.7% as the workforce shrank.
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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.
Withum
JANUARY 5, 2024
Streamline Essential Financial and Operational Functions. Download the Guide As the roles of accounting and finance executives continue to modernize, they continue to ask themselves, “How can I become more productive in less time?” Your team can enjoy increased productivity and efficiency with the right automation tools. For businesses looking to enhance their financial planning and strategic decision-making, NetSuite provides the reports and tools needed for long-term growth and success.
CPA Practice
JANUARY 5, 2024
A Nevada accountant was sentenced Wednesday to 13 months in prison for his role in separate bribery and tax fraud conspiracies. According to court documents and statements made in court, Dustin M. Lewis, of Henderson, was a CPA employed by Las Vegas-based accounting firm L.L. Bradford & Company. Beginning in February 2015 through about February 2016, Lewis conspired with and paid a public official with the U.S.
Menzies
JANUARY 5, 2024
Menzies LLP - A leading chartered accountancy firm. “Unused warehouse roofs could generate ‘15GW a year’ in solar energy.” – UKWA The manufacturing sector possesses approximately 45M square feet of warehousing space in the UK; a significant percentage of commercial roof space which could be utilised for energy production in the form of solar panel installations.
CPA Practice
JANUARY 5, 2024
The Financial Accounting Standards Board ( FASB ) has appointed six new members to its Not-for-Profit Advisory Committee ( NAC ), effective January 1, 2024. The NAC serves as a standing resource for the FASB. Its role is to obtain input from the not-for-profit sector on existing financial reporting guidance, current and proposed technical agenda projects, and longer term or pervasive financial reporting matters affecting those organizations.
Speaker: David Warren and Kevin O’Neill Stoll
Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng
FraudFiles
JANUARY 5, 2024
Forensic accounting existed quietly for a long time before the general public started to become aware of it. Twenty years ago when the frauds of Enron, WorldCom, and Tyco became big news, the work of forensic accountants was finally given the spotlight. It has been a slow evolution, but the general public is becoming more [.
Cherry Bekaert
JANUARY 5, 2024
While the U.S. inflation rate has dropped significantly from a year ago—3.2% for the 12 months ended October 2023 compared to 7.7% in October 2022, companies carry on in their pursuit to remain resilient in the shadows of financial uncertainty. While several financial ratios exist to assess an organization, a single metric alone cannot identify overall financial health.
Inform Accounting
JANUARY 5, 2024
We have joined Chaser’s Partner Programme to help SMEs get paid faster with market-leading credit control software and debt recovery services. We are proud to announce our recent partnership with award-winning credit control software and debt collections services company Chaser.
Accounting Insight
JANUARY 5, 2024
Did you know? Over 170 countries worldwide have implemented VAT or GST. Despite how common VAT is, the tax is difficult at the best of times to understand. Knowing who pays VAT – the buyer or the seller – is straightforward, though, if you take the time to learn about the tax or have help. That’s why we share plenty of knowledge on the topic, from an in-depth introduction to EU VAT to how VAT changes when trading between different EU countries.
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The first Market Momentum Index: AI and Unstructured Data Management, conducted by Deep Analysis with support from AIIM and M-Files, surveyed 500 enterprises across various industries to assess their readiness to employ AI. The results reveal that AI is already far more embedded into organizations' operations than previously realized. These findings and more insights have been brought to you in the "Market Momentum Index: AI and Unstructured Data Management.
Accounting Today
JANUARY 5, 2024
Brown Schultz Sheridan & Fritz assumes new name of Brown Plus; FASB appoints six to Not-for-Profit Advisory Committee; and more news from around the profession.
CPA Practice
JANUARY 5, 2024
A new survey from MyPerfectResume found that 85% of employees fear losing their job in 2024, with 50% saying they were a little worried and 35% saying they were definitely worried. Other key findings from MyPerfectResume’s 2024 Workplace Trends Survey , which polled 1,867 U.S.-based respondents this past October, also reflect a not-so-positive outlook from job seekers for 2024: Eight in 10 respondents (78%) expect a recession in the U.S. in 2024. 69% believe that competition for jobs will incr
Accounting Today
JANUARY 5, 2024
CPA firms play a pivotal role in supporting small businesses as they embark on the challenging path of international expansion.
CPA Practice
JANUARY 5, 2024
Randy Johnston and Brian Tankersley, CPA, review Zoho Practice , a complete practice management software that streamlines accountant workflows for enhanced efficiency, collaboration, growth, and exceptional client service. Use the podcast player below to listen. Transcript (Note: There may be typos due to automated transcription errors.) SPEAKERS Randy Johnston, Brian F.
Speaker: Mark Stovel
When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.
Accounting Today
JANUARY 5, 2024
The Regional Leader merged in a firm in Winter Park, Florida.
Ronika Khanna CPA,CA
JANUARY 5, 2024
The idea of using an accounting software can be a bit intimidating for some new business owners. Others are put off by the cost when a spreadsheet is both free and straightforward. While a spreadsheet makes sense when you have a simple business with very few transactions per year, accounting software has significantly more functionality. You can invoice your clients and customers , analyze the performance of the business, reduce the amount of manual data entry that your current accounting system
CPA Practice
JANUARY 5, 2024
RSM US kicked off the new year by admitting 72 new partners and principals. Last year RSM, the fifth largest accounting firm in the U.S. by revenue, gave keys to the partnership to 109 individuals. “We are operating in a time of significant change and innovation, and this group of talented leaders have all proven that they not only embrace, but also thrive in this environment.
Accounting Today
JANUARY 5, 2024
The debt ceiling agreement included a side deal that would allow $70 billion in accounting moves to spare agencies most cuts, though $20 billion in cuts to IRS funds may be accelerated.
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With automation, you’ll reduce errors and save valuable time, allowing you to focus on what really matters: strategic analysis and insightful decision-making. Picture accurate financial reports ready at your fingertips, giving you the confidence to tackle business challenges head-on. Embracing automation not only boosts productivity but also elevates your role from number cruncher to closing rockstar.
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