ThomsonReuters

JANUARY 4, 2024

Jump to: 1. Make a personal stress inventory 2. Automate what you can 3. Delegate or outsource where you can 4. Schedule downtime – and don’t skip it 5. Take advantage of wellness benefits The numbers are in, and they reinforce the mental health challenges facing accountants. Nearly 9 in 10 accountants want a better work-life balance, while just over 70 percent would like more help from their organizations to manage mental health, according to ACCA’s Global Trends Survey

Tax 71

Tax Technology payroll tax accounting careers 71

Accounting Today

JANUARY 4, 2024

The contract will provide development support to two mission-critical systems at the agency.

Technology 126

Technology Tax 126

Going Concern

JANUARY 4, 2024

FT ‘s Stephen Foley has written an opinion piece for, you guessed it, FT on the profession’s deadest of horses: the accountant shortage. Rather than rehashing bits of information that have been repeated ad nauseam for the last two years in the reputable accounting press and the last ten here at Going Concern, I’d like to call your attention to this bit of information: Membership of the American Institute of Certified Public Accountants, the US professional body, fell from 430,0

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Accounting Today

JANUARY 4, 2024

Fictions and ghosts; Indian connection; pulled over; and other highlights of recent tax cases.

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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

CPA Practice

JANUARY 4, 2024

By Don Lee, Los Angeles Times (via TNS). These days, it looks like the bloom is coming off the rose for remote work : Many employers are talking tougher. New research shows employees are actually less productive when they work from home full-time. And, with the tight job market starting to slacken, some predict 2024 will be the year employers finally clamp down.

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Accounting Today

JANUARY 4, 2024

The service-providing sector added 155,000 jobs, including 1,000 in professional and business services.

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CPA Practice

JANUARY 4, 2024

By Ethan Baron, The Mercury News (via TNS). Google has reached a deal in a class-action lawsuit accusing it of making an Orwellian grab of “potentially embarrassing” data from tens of millions of people using the company’s “Incognito mode” and other private browsing, according to a court filing. The three Californians and two others who sued the Mountain View digital-advertising giant on behalf of themselves and legions of other internet users in 2020 claimed the firm captured the data despite s

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Withum

JANUARY 4, 2024

Withum and Kostelanetz LLP collaborate to break down ERC tax audits. The employee retention credit (ERC) has exploded in recent years and the IRS has started cracking down on improper and abusive ERC claims. The IRS audit process can be time consuming and expensive, and the complexity of the ERC makes these audits particularly vexing to taxpayers. In this article, Withum Partner Daniel Mayo collaborates with Kostelanetz LLP Partner Chris Ferguson to break down ERC audits and to discuss winning s

audit 110

audit Tax 110

Insightful Accountant

JANUARY 4, 2024

Don't know about you, but I'm a fan of Newman's Own Balsamic Vinaigrette. Newman's Own is leveraging NetSuite to reduce operational costs, improve productivity to donate more after-tax proceeds to charity.

NetSuite 105

NetSuite Tax 105

Cherry Bekaert

JANUARY 4, 2024

On December 26, 2023, the proposed rule for the Department of Defense (DoD) Cybersecurity Maturity Model Certification (CMMC) Program was published in the Federal Register. Listen to Eric Poppe , a Managing Director in Cherry Bekaert’s Government Contractor Industry practice and Brian Kirk , Senior Manager in the Firm’s Information Assurance & Cybersecurity practice, as they share insights into the proposed rule, including the surprises that came out and DoD’s timing for implementatio

Government 105

Government audit 105

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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

Insightful Accountant

JANUARY 4, 2024

As an accounting practice grows, it must adapt to meet clients' needs. This includes assessing technology requirements for both the firm and clients.

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AccountingDepartment

JANUARY 4, 2024

While planning for 2024, the question of whether or not it's time to hire a financial controller may come up for many business owners. To help make that decision easier, this article explains the duties of a financial controller and the benefits of partnering with an outsourced accounting provider, rather than trying to find a controller of your own.

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ThomsonReuters

JANUARY 4, 2024

Jump to: Utilize short-term staffing solutions Incorporate AI and automation into your workflow Become a strategic advisor As accounting firms usher in 2024, it’s important to take a fresh look at the business landscape — both its challenges and its opportunities — to best prepare for the year ahead. With so much change inside and outside the profession, now is the perfect time to reflect on your goals, how they’ve changed, and what you can do to incorporate new learnings to make this your

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AccountingDepartment

JANUARY 4, 2024

Accounting is a critical aspect of any organization, and keeping up with the latest trends and technologies in this field is essential to ensure that businesses remain competitive and successful. As we enter 2024, there are a few key trends that business owners simply cannot ignore. In this blog post, we will explore these trends in detail, discussing how they will impact the industry and what businesses can do to stay ahead of the game.

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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

Accounting Today

JANUARY 4, 2024

The company has introduced two options to help companies comply with the new requirements of the Corporate Transparency Act.

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CPA Practice

JANUARY 4, 2024

Wolters Kluwer has launched an expert solution aimed at helping the nearly 33 million U.S. businesses impacted by the beneficial ownership reporting rule under the Corporate Transparency Act (CTA). This Wolters Kluwer solution spans its Financial & Corporate Compliance (FCC) and Tax & Accounting (TAA) divisions to serve the reporting and filing needs of small businesses, corporate, financial, legal, tax and accounting professionals across the U.S.

Technology 64

Technology accounting firms Legal Tax 64

Accounting Today

JANUARY 4, 2024

Here are several trends that are set to shape the investment accounting space and the end-to-end investment process this year.

Account 61

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CPA Practice

JANUARY 4, 2024

The global consulting and accountancy firm Grant Thornton has issued a statement in support of a standard for global climate reporting. “Grant Thornton is pleased to support the IFRS Foundation in their push for a common global standard for climate-related disclosures,” said Trent Gazzaway , global leader of service line capabilities and quality at GTIL, of our network’s commitment to advance the International Sustainability Standards Board’s climate-related reporting.

accounting and finance 64

accounting and finance accounting firms Finance Account 64

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

Accounting Today

JANUARY 4, 2024

The 49-year-old ran the group's Portuguese unit when the alleged acts of corruption, money laundering and tax fraud took place.

Tax 60

Tax Technology 60

Going Concern

JANUARY 4, 2024

My gosh that’s a firm handshake. Hey, it’s the first partner promotions of 2024! Moss Adams announced via press release on Monday that 20 of its people successfully made the long crawl up the ladder to make partner. The class of 2024 is 44% smaller than that of 2023 when 36 people at Moss Adams earned their stripes. “The new class of partners and directors comes after another year of growth as Moss Adams expanded and augmented its services,” said the firm.

Real Estate 59

Real Estate Hospitality Texas Construction 59

Menzies

JANUARY 4, 2024

Menzies LLP - A leading chartered accountancy firm. The UK’s “David”s (representing our SMEs) fight a constant and punishing battle against the big-business Goliaths, who seemingly make up their own rules when it comes to payment terms and settling trading debts. This puts huge pressure on cash flow and the general working capital requirements of these SME businesses, who typically suffer higher borrowing costs to cover the funding gap, when compared to those big businesses, who cause these prob

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accounts payable chartered accountant Government accounting software 59

Insightful Accountant

JANUARY 4, 2024

Ignition makes it simple to sell, bill and get paid for your services - all in one place.

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quickbooks 52

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

CPA Practice

JANUARY 4, 2024

By Dave Charest. The holidays are big business. That’s not going to come as a shock to anybody — but, just how important are they to America’s economy? The latest figures from Adobe Analytics show that from November – December 2023, during which people celebrate Hanukah, Christmas, New Years, and other holidays, Americans spent more than $222 billion (yes, billion!

Sales 52

Sales Retail Start-ups 52

Withum

JANUARY 4, 2024

Already registered? Click Here Listen in as John Smith and James Trubenbach-Byrne discuss in this timely webinar how to ensure your healthcare organization is prepared for all the year-end tax accounting and auditing qualifications. From the tax side, John will provide a 2023 annual update on year-end employer payroll tax and 1099 reporting, including developments from both the Federal and state and local levels.

Healthcare 52

Healthcare Tax payroll tax accounting standards 52

CPA Practice

JANUARY 4, 2024

By Augusta Saraiva, Bloomberg News (via TNS). U.S. companies ramped up hiring in December, suggesting there’s still appetite for workers in a cooling labor market. Private payrolls increased 164,000 last month after a revised 101,000 gain in November, according to figures published Thursday by the ADP Research Institute in collaboration with Stanford Digital Economy Lab.

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payroll Hospitality Education 52

Insightful Accountant

JANUARY 4, 2024

We sat down with Travis to get his thoughts on being a Top 25 Up-N-Coming ProAdvisor, his journey, path to success, and passion to empower businesses to navigate their way toward profitability through American Sign Language.

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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

CPA Practice

JANUARY 4, 2024

By Robert Higgs, cleveland.com (via TNS). Higher minimum wages that kicked into effect with the start of 2024 will boost minimum hourly pay in some states as high as $16.28, benefiting as many as 10 million workers. About 9.9 million workers will be paid nearly $7 billion more a year in annual wages, according to the Economic Policy Institute, a left-leaning research group.

Montana 52

Montana Delaware Nevada Oregon 52

Menzies

JANUARY 4, 2024

Menzies LLP - A leading chartered accountancy firm. The historical ability for non-residents to avoid UK tax on property sales and potentially benefit from reduced stamp duty has undergone significant changes. Recent times have seen the erosion of many benefits for non-resident investors, with an expanded scope of taxation on their gains. This article, by Richard Turner explores the complexities of navigating Capital Gains, Stamp Duty Land Tax (SDLT), and Annual Tax on Enveloped Dwellings (ATED)

Non-Profits 52

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CPA Practice

JANUARY 4, 2024

The automation platform DataSnipper has partnered with on-demand accounting data provider Validis to offer auditors a seamless end-to-end audit testing process. DataSnipper, when integrated with Validis, delivers one audit test workflow to drive significant audit quality and efficiency. Validis provides instant access to financial data provided by the ERP systems from an audit client and structures the data into usable reports with the ability to extract the structured data as an Excel file.

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Inform Accounting

JANUARY 4, 2024

Starting a business from scratch or eyeing a new commerce partner? The options might be overwhelming, but let us introduce you to the Shopify magic. Here are seven stellar reasons why Shopify could be the perfect fit for your brand!

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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.