Wed.Jan 08, 2025

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Dr. Jackie Meyer Redefines Success in Accounting

Canopy Accounting

In this episode, we sit down with Dr. Jackie Meyer, CPA, entrepreneur, and author of The Balance Sheet of Life Formula. Jackie shares her journey as she goes from a traditional accountant to pioneering innovative approaches in the field. She also discusses the challenges of postpartum depression and chronic fatigue, revealing how these experiences shaped her approach to work-life balance.

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How to Strengthen Financial Consolidation and Close for Smarter Insights

Acterys

Financial consolidation and close are fundamental processes that ensure accurate reporting and reconciliation and allow organizations to strategically plan for the future. Yet as businesses grow in complexity, these efforts become increasingly challenging. Outdated tools, manual efforts, and fragmented data spread across an ever-increasing number of teams can turn close and consolidation into a drawn-out process riddled with errors.

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Grant Thronton CEO steps down

Accounting Today

Seth Siegel, CEO of Top 10 Firm Grant Thornton, announced he is stepping down from his position after 30 years with the firm.

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Truewind Accounting AI Platform Raises $13 Million in Series A Funding

CPA Practice

Truewind, an accounting AI platform, recently announced that it has raised $13 million in Series A funding from Thomson Reuters Ventures, Rho Capital and Pathlight Ventures.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

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.

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Taxpayer Advocate spotlights IRS delays in ERC claims and ID theft assistance

Accounting Today

National Taxpayer Advocate Erin Collins released her annual report to Congress, highlighting improvements in taxpayer service, but pointing to persistent delays.

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Taxpayer Advocate: IRS Has Improved Taxpayer Services, But Delays in ERC Claims and Identity Theft Assistance Still a Concern

CPA Practice

In her latest annual report to Congress, National Taxpayer Advocate Erin Collins praised the IRS for a much-improved taxpayer experience but also highlighted several ongoing challenges at the tax agency.

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More Trending

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Survey: Despite AI’s Growing Impact on the Workplace, Most HR Leaders Are Not Focused on Reskilling Workers

CPA Practice

Only 7% of CHROs say they are implementing reskilling strategies for job roles that have a high probability for at least a quarter of tasks to be taken over by AI.

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Divide and Conquer: The Valuation of Undivided Real Estate Interests for Tax Planning

Withum

An undivided real estate interest is a form of ownership in which several parties hold ownership of the same property. Unlike typical ownership, where one individual or entity owns the entire property (a fee simple interest), undivided interests mean that multiple owners each have use of the entire property. This is like fractional ownership of a business entity, in which several owners each hold a percentage of the same company.

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IRS Free File System Opens Jan. 10, Allowing Some to Pre-File Tax Returns

CPA Practice

The early availability of the IRS Free File online systems will allow taxpayers to prepare and file their returns before the IRS officially starts accepting them, but they will then be already electronically in line when processing begins.

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FAF seeks nominations for leadership roles

Accounting Today

The Financial Accounting Foundation is looking for nominations for leadership roles, including FAF executive director.

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Cash Flow Secrets Every Upskilled CPA Should Know

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.

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Grant Thornton CEO Seth Siegel Leaves Post

CPA Practice

Siegel, who has been CEO of Grant Thornton since August 2022, announced on LinkedIn Wednesday that he was stepping down from his post and will transition to a senior advisor role with the firm.

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Texas court halts CTA in another lawsuit

Accounting Today

A federal court in Texas has issued another preliminary injunction and stay halting enforcement of the Corporate Transparency Act and its beneficial ownership information reporting requirement.

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How to Intuit Enterprise Suite: Support Multi-entities

Insightful Accountant

Murph summarizes the multi-entity features and functionality of Intuit Enterprise Suite in this edition of "How to ERP." Step-by-step for multi-entity set-up, intercompany transactions, user roles, and consolidated financials.

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My Thoughts on the Bench Meltdown

Ryan Lazanis

Bench, a leading bookkeeping firm, abruptly shut down recently. Here are my insights on this news and what this means for your business. The post My Thoughts on the Bench Meltdown appeared first on Future Firm.

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Profit in the Details: Rethinking Spend for Monumental Impact

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

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HBK Acquires Acuity Human Resources

CPA Practice

The Canfield, OH-based top 50 accounting firm has acquired Acuity Human Resources, a Cranberry Township, PA-based provider of human resources consulting services.

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January Webinars and Training Opportunities For ProAdvisors

Insightful Accountant

Join your peers for this amazing line up of training and webinars provided by Insightful Accountant and taught by some of the top trainers in the profession.

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Mastering the Art of Agency Growth: Lessons from Brad Ferris

Summit CPA

Brad Ferris, a seasoned expert with over 20 years in the marketing and creative agency space, discusses scaling creative agencies.

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IRIS Makes Enhancements to Firm Management Solution

CPA Practice

The updates announced on Jan. 8 make it easier for accounting firms to manage and onboard clients, stay compliant, and collaborate across teamsall while scaling for future growth, according to IRIS.

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Navigating Bleisure Travel: A Guide for Mid-Sized Companies

Bleisure travel — where employees combine work and leisure — has been around since the advent of corporate travel and is here to stay. Successful bleisure policies strike a balance between employee preferences and company goals — workers report a 64% improvement in work-life balance, while companies benefit from reduced travel costs and increased workforce innovation.

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Transforming Financial Reporting for Crypto With Sam Leichman of Propeller Industries

Withum

In this episode of Cryptonomix, Mark Eckerle sits down with Sam Leichman, Blockchain Practice Leader at Propeller Industries. They discuss the transformative potential of Web3, the creation of SODA, and the importance of accurate financial reporting for digital assets.

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IRIS beefs up Firm Management solution, customer success function

Accounting Today

IRIS expanded its IRIS Firm Management solution with enhanced document management capacities. It has also introduced a centralized Customer Success function.

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Opinion: The Case for Killing the Tax Credit for Electric Vehicles

CPA Practice

It's ineffective at shaping behavior, and it primarily benefits the wealthy while needlessly adding to the deficit. EVs aren't even good at curbing climate change, and the credit could be stifling better alternatives.

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CFO roles will expand, create more value in 2025

Accounting Today

Continuing talent challenges, increasingly dangerous cyber threats, renewed focus on ROI and the rise of AI will permanently change the way CFOs work.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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IRS Says Free Tax Filing Software Opens to Taxpayers Soon

CPA Practice

The IRS Free File Guided Tax Software system will start accepting individual returns on Jan. 10,the agency said. The system is open to taxpayers with adjusted gross incomes of $84,000 or less.

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You Asked, We Delivered: Accountant-Inspired Features in 2024 and Those On the Horizon

Insightful Accountant

2024 was an exciting year for innovation at QuickBooks, and we owe much of that success to you, the accounting community. In connecting with accountants, weve learned that as we continue to add new functionality.

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Small Business Job Growth Moderated in 2024

CPA Practice

Job growth in U.S. small businesses with fewer than 50 employees averaged modest employment growth throughout 2024, according to the Paychex Small Business Employment Watch.

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Bitcoin investor ordered to reveal access codes to $124M

Accounting Today

An early Bitcoin investor sentenced to two years in prison for tax fraud related to cryptocurrency sales has been ordered to disclose his secret pass codes.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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.

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ADP Says 122,000 Jobs Added in December, While Annual Pay Rose 4.6%

CPA Practice

ADP's pay measure uniquely captures the earnings of a cohort of almost 10 million employees over a 12-month period.

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Private sector added 122K jobs in December

Accounting Today

Annual pay grew 4.6% year over year as private sector employers added 122,000 jobs in December, payroll giant ADP reported.

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How to Do Affiliate Marketing: Guide for Accountants and Bookkeepers

Patriot Software

Finding new ways to drive passive income is a business-savvy move. Thats why more accountants are learning how to do affiliate marketing. Affiliate marketing programs can help you earn thousandsor even tens of thousandsin additional income per year. One study found that 33.08% earn at least $10,000 annually from affiliate marketing alone.

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Mid-Market CEOs Worried About Financial Impact of Trump’s Tariffs, Survey Finds

CPA Practice

However, optimism about the business environment is rising among middle-market CEOs, with tax policies getting a mixed reaction, according to the latest survey from top 15 accounting firm CBIZ and Hofstra University.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.