Accounting Today

MAY 8, 2024

Here are some suggestions to help you take your job, your career — and our profession — to the next level.

accounting careers 132

accounting careers Account accounted accountant 132

Acterys

MAY 8, 2024

Acterys’ esteemed Italian partner, Bi Factory , recently hosted the “Next Generation FP&A” workshop on April 11, 2024. This event was specifically arranged for Italian organizations aiming to refine their planning and analytics processes. Featuring profound insights from industry experts at Bi Factory, including Franco Perduca (CEO and CTO), Sara Bozzo (CEO and Team Lead), and Walter Gabetta (Head of Global Business Relationship), the workshop attracted numerous companies a

Technology 130

Technology Legal audit Government 130

Accounting Today

MAY 8, 2024

The SEC's guidance is a part of a much broader movement as the U.S. strives to catch up with Europe.

accountant 131

accountant accounted Account 131

CPA Practice

MAY 8, 2024

By Dr. Sangeeta Chhabra There is no question about how CPAs have evolved in their role over the past couple of decades, but what has really been behind it and, more importantly, how do you they get there? As the business world sees a paradigm shift in the form of technological innovations, global operations, and government regulations, traditional roles and responsibilities of professionals are evolving for the better.

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cpas bookkeeping Technology CPA 123

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 automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

Finance

Accounting Today

MAY 8, 2024

Senior citizens often fall victim to elder financial abuse, even at the hands of their closest relatives, but accountants can help protect them.

forensic accounting 128

forensic accounting Account accounted accountant 128

CPA Practice

MAY 8, 2024

By Josh Schauer. The finance industry is undergoing an incredible transformation this year as it continues to face expanding regulations, ongoing AI dilemmas, and complex markets. In fact, 70% of finance decision-makers feel pressure from market factors like inflation and economic disruption. Finance teams are forced to do more with stretched resources and staffing shortages, and as a result, organizations of all sizes are specifically overwhelmed with data and struggling with how to manage it e

Finance 119

Finance accounting and finance Government accountant 119

CPA Practice

MAY 8, 2024

Although many small business owners face continued economic uncertainty, their personal drive and long-term aspirations are buoying their optimism. That’s according to data from the third Amex Trendex: Small Business Edition, an annual survey commissioned by American Express. “Small business owners are concerned about issues like pricing and cash flow, but they are overwhelmingly happy that they chose their career path as an entrepreneur, and most intend to be small business owners for the long

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Government Finance 115

Canopy Accounting

MAY 8, 2024

South Jordan, UT – [May 8, 2024] – Canopy, the firm-wide operating system that helps accountants build the firm they’ve always wanted , is thrilled to announce the successful raising of $35 million in an oversubscribed round. The round was led by Ten Coves Capital and Ankona Capital, with participation from Pelion Venture Partners, Tenaya Capital, and NewView Capital.

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Account accountant accounted 105

CPA Practice

MAY 8, 2024

The Great Resignation saw workers quit their jobs in droves—but many are now regretting it. A new survey of U.S. workers reveals those who changed jobs since the pandemic are significantly less satisfied with their jobs than their colleagues who stayed. What’s causing job hoppers to regret their decision? The Conference Board survey found that leadership and culture saw the greatest gaps in satisfaction between the job switchers and job stayers.

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Insightful Accountant

MAY 8, 2024

In preparation for next week's QB Talks about Finding and Cleaning Up Bad Data, I thought I'd talk about one of my favorite issues. Failure to Balance the Balance Sheet.

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It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

Technology

CPA Practice

MAY 8, 2024

By Sarah Lynch, Inc. (TNS) The class of 2024 graduates this month—and soon, many will be swiping in at the office. Full-time salaried employees between the ages of 20 and 24 are less likely to work fully remotely than other age groups, according to a new analysis from the payroll provider Gusto of more than 300,000 small and midsize businesses. These recent graduates are 27 percent less likely to be fully remote than workers in their 30s.

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payroll 98

CTP

MAY 8, 2024

The Tax Cuts and Jobs Acts (TCJA) of 2018 stirred up mixed responses by introducing a $10,000 cap on state and local tax (SALT) deductions for individual taxpayers. However, since the legislation did not include a limit for businesses, the states most impacted by the SALT cap have leveraged this as a workaround for their constituents. This led to the introduction of a pass-through entity (PTE) tax , which allows S corporations, LLCs, partnerships, and sole proprietorships to pay their state tax

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Rhode Island Tax South Carolina Connecticut 93

Patriot Software

MAY 8, 2024

In accounting, you deal with a variety of accounts to balance and organize your books. One type of account you will likely run into is a real account. But, what are real accounts exactly? And, how does it differ from other accounts in accounting?

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Account accounted accountant general ledger 91

AccountingDepartment

MAY 8, 2024

An enterprise resource planning (ERP) system acts as the central nervous system for a business, integrating core processes needed to run a company into a single system. However, the path to ERP success is fraught with challenges.

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NetSuite accounting system accountant accounted 88

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

payroll

Patriot Software

MAY 8, 2024

Keeping an eye on your business’s finances is oh-so-important if you want your company to thrive and grow. This includes monitoring your financial statements and calculating financial figures, such as total revenue. Get the lowdown on how to calculate total revenue and ways to use it to benefit your business. What is total revenue?

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financial statements Account accounted accountant 87

Accounting Today

MAY 8, 2024

The Top 25 Firm bolstered its business process outsourcing practice with the latest M&A deal.

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Patriot Software

MAY 8, 2024

Paying your employees on time is essential, especially because 62% of Americans live paycheck to paycheck. Plus, many state pay frequency requirements regulate when you pay employees. Understand payroll cutoffs to pay your team on time, every time. So, what is a “payroll cutoff?” What is a payroll cutoff?

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payroll 84

CPA Practice

MAY 8, 2024

While only 6% of company executives recently polled by Deloitte have already implemented generative AI solutions to support finance and accounting processes, considerably more of these decision-makers say they’re actively discussing use cases (15.4%) or have future plans to adopt the technology (27.8%), according to the Big Four firm. What does the C-suite believe are the biggest opportunities for GenAI within their organization’s accounting department?

accounting and finance 69

accounting and finance Finance Account accounted 69

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

Finance

KROST

MAY 8, 2024

USA TODAY and Statista have named KROST one of America’s Most Recommended Tax Firms 2024! The recent collaboration between USA TODAY and Statista marks the first year the recognition is being presented. Statista conducted extensive research by surveying tax and accounting professionals and their clients. They were asked to recommend up to ten tax or Read the full article.

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Tax accounted Account accountant 67

SkagitCountyTaxServices

MAY 8, 2024

This is how I often feel about the government’s decision-making with taxes: Q: What’s the difference between death and taxes? A: Congress doesn’t meet every year to make death worse. Honestly, as a small business owner, you most likely feel that pain. Take this for example: The U.S. Department of Labor (DOL) just introduced a new overtime rule. Beginning July 1, salaried workers earning less than 43,888 a year will qualify for 1.5 times pay if they work more than 40 hours a week.

Healthcare 64

Healthcare Government Manufacturing payroll 64

Withum

MAY 8, 2024

AI, or Artificial Intelligence, has been around for decades and can be defined in one way as the simulation of human intelligence, specifically by machines. The first discussions regarding artificial intelligence originated back in 1956, the first chatbot went live in 1964, and college students were commonly studying this concept by the late 1980`s.

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Hospitality 64

CPA Practice

MAY 8, 2024

AuditBoard, the leading cloud-based platform transforming audit, risk, compliance, and ESG management, today announced powerful enhancements for its InfoSec Solutions to help organizations meet their IT compliance, cyber risk, and vendor risk management needs in the face of rising risks and increased regulatory requirements. With these new capabilities, including enhanced AI automation, customizable automated workflows, and real-time analytics, teams can better manage and communicate InfoSec ris

Technology 59

Technology Legal audit Government 59

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

CPA

Withum

MAY 8, 2024

In the context of claims processing for self-insured plans, Third Party Administrators (TPAs) play a critical role in designing internal controls to ensure accuracy and timeliness. However, relying solely on the TPA’s internal control structure may not be sufficient for a plan sponsor. This is where User Entity Controls (UECs) come into play, providing essential oversight to ensure the proper functioning of the system.

CPA 59

CPA 59

CPA Practice

MAY 8, 2024

Patriot Software, a provider of online accounting and payroll software for American businesses, announced the launch of the 1099 contractor portal to streamline information between clients and their independent contractors. The 1099 contractor portal is a secure self-service platform for 1099 contract workers granting them access to view and edit their personal and direct deposit information, and their payment history from clients.”The 1099 contractor portal was a highly requested feature,” said

payroll 59

payroll accounting software online accounting Tax 59

Anders CPA

MAY 8, 2024

Whether you own a creative agency and oversee operations or you are an operations professional of an agency, I’m certain there are many questions you are plagued with daily. Do we need to hire more people? What kind of skills will those people need? When do we hire them? Will we still have the money to make this hire if we don’t get our next pending contract?

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Non-Profits payroll Education CPA 59

CPA Practice

MAY 8, 2024

Top 20 accounting firm Eide Bailly has promoted 24 individuals to partner or principal, according to a post on its LinkedIn page. The new partners and principals in the class of 2024 “have a diverse range of skills, backgrounds, and expertise that will further strengthen our firm’s capabilities and bring value to the many clients we serve,” the firm said.

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audit tax services accounting firms Tax 59

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

Spend Management

Dent Moses

MAY 8, 2024

IRS Commissioner Danny Werfel reported to the Senate Finance Committee that even with the moratorium since September 2023 on processing previous and new claims for the ERC, the IRS averages 20,000 new applications weekly. The IRS recently announced ERC that claims processing could resume by late spring depending on whether Congress extends the statute of limitations for ERC claims.

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audit Tax Finance Construction 52

CPA Practice

MAY 8, 2024

Top 25 accounting firm Citrin Cooperman has acquired Maier Markey & Justic (MMJ), a White Plains, NY-based CPA firm, expanding the firm’s presence in the New York City metro area. Financial terms of the deal weren’t disclosed. As a result of the acquisition, four MMJ partners and more than 40 employees have joined Citrin Cooperman. “MMJ is fantastically aligned with our firm in both service offerings and industry expertise,” Alan Badey, CEO of Citrin Cooperman, and Mike Zyborowicz, managing

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Real Estate cpa firm Healthcare New York 59

Ryan Lazanis

MAY 8, 2024

Marketing is arguably the practice that most firms use to attract new clients. But, do you really need it? Find out in this episode. The post Do You Even Need Any Marketing? appeared first on Future Firm.

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accountant accounted Account 52

CPA Practice

MAY 8, 2024

Given the severe auditor shortage in the USA, many CPA firms have expanded their adoption of outsourced auditors, increasing from 6% pre-pandemic to more than 40% at present. May 02, 2024 CPA firms are facing the twin challenges of managing a high volume of audit engagements and coping with the industry-wide talent shortage. Amidst this landscape, the value of an experienced audit team becomes even more significant.

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audit cpa firm auditor CPA 52

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