Insightful Accountant
SEPTEMBER 3, 2024
Accounting is evolving along with the rest of the world, and it's definitely one of those industries that will keep expanding. However, there are certain trends you should pay attention to if you want to succeed more quickly.
BurklandAssociates
SEPTEMBER 3, 2024
By prioritizing backups, startups can protect their data, ensure compliance, maintain business continuity, and build trust with stakeholders. The post Data Backup Essentials: Safeguarding Your Startup’s Success appeared first on Burkland.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Accounting Today
SEPTEMBER 3, 2024
The Internal Revenue Service is ramping up its scrutiny of large partnerships, leveraging increased funding under the Inflation Reduction Act of 2022.
CPA Practice
SEPTEMBER 3, 2024
A Top Technology Initiative Article For those in public practice dealing with tax extension season, ask yourself: Did our tax software work correctly and quickly? If not, perhaps you have a software issue, a configuration problem, or something else to resolve. While there used to be over 100 tax software products, there are only around a dozen options today.
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.
Accounting Today
SEPTEMBER 3, 2024
Hourly earnings growth for workers at small businesses dropped to 2.89% in August, Paychex reported Tuesday, the first time growth has been under 3% since January 2021.
Withum
SEPTEMBER 3, 2024
Explore Other Episodes #CivicWarriors #WithumImpact The post Combating Isolation and Finding Community With Project Refit appeared first on Withum.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
Accounting Today
SEPTEMBER 3, 2024
A recent survey has found that while small businesses still primarily use accounting software to record and manage transactions, usage dropped from 85% to 68% from April 2023 to July 2024.
CPA Practice
SEPTEMBER 3, 2024
By Chantal Allam The News & Observer (Raleigh, NC) (TNS) High-earning millennials—those with annual incomes above $200,000—are exiting states like New York and California in droves, according to new analysis by SmartAsset. And a large percentage of them are ending up in the Old North State. North Carolina ranked No. 3 for the nation’s highest net migration of well-heeled millennials, ages 26 to 45, posting a net gain of 1,970, the study found.
Accounting Today
SEPTEMBER 3, 2024
The International Auditing and Assurance Standards Board 2023-2024 Handbook includes ISA 600 and ISA for LCE.
CPA Practice
SEPTEMBER 3, 2024
Top 15 accounting firm Marcum has promoted 15 individuals to partner in eight states, effective Sept. 1. “These individuals represent Marcum’s dedication to excellence. They bring a wealth of experience, skill, and an entrepreneurial spirit. In a rapidly evolving world, they have shown adaptability and dedication to understanding and exceeding our clients’ expectations,” Chairman and CEO Jeffrey Weiner said in a statement.
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.
AccountingDepartment
SEPTEMBER 3, 2024
It has been said that human capital is an organization's most valuable asset in today's climate. However, managing your financial assets is the ultimate responsibility of the company leadership. Without sound financial planning and asset management, a business can't thrive. And, ultimately, your human assets will suffer. Forecasting is an essential part of the equation.
Accounting Today
SEPTEMBER 3, 2024
This combination of trusts, credits and other tax strategies are great ways help wealthy clients protect their families and their businesses.
ThomsonReuters
SEPTEMBER 3, 2024
The 2024 Generative AI in Professional Services research conducted by the Thomson Reuters Institute provides a comprehensive overview of the burgeoning role of GenAI across various professional sectors, including legal, tax, accounting, risk, and government. This study captures the complex spectrum of emotions surrounding GenAI, from hope and excitement to hesitancy and concern.
Accounting Today
SEPTEMBER 3, 2024
Twenty-five percent of accounting professionals want to increase their roles in implementing diversity, equity and inclusion initiatives, per the Center for Accounting Transformation.
Advertisement
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.
Cherry Bekaert
SEPTEMBER 3, 2024
Questions? Contact Us Private Equity Dealmaking Shows Improvement but Falls Short of Expectations Key Observations Banks have returned to the M&A lending market and are recapturing market share from nonbank lenders who moved in during their absence. While the U.S. Federal Reserve (Fed) has not instituted any rate reductions, the competition in leveraged finance sector is resulting in more favorable terms—both in terms of rates and covenants—than what was in place 12 months ago.
Accounting Today
SEPTEMBER 3, 2024
Tax professionals are calling for changes to the proposal, even though they welcome clarifications they have been waiting on for decades.
Accounting Insight
SEPTEMBER 3, 2024
Value Added Tax (VAT) is an increasingly complex area of tax. Many of the VAT rules have been determined by court cases and, as a result, important questions such as “is a Jaffa Cake a biscuit or cake?” have been addressed by HMRC. Jaffa Cakes The importance of whether a Jaffa Cake is a biscuit or cake was taken to the courts back in 1991. The debate was significant for McVitie’s as cakes are zero-rated for VAT purposes while chocolate covered biscuits are standard rated (20%) for VAT purposes.
Going Concern
SEPTEMBER 3, 2024
“Market slowdown” On Saturday, Financial Times reported that due to a “market slowdown,” EY UK has gotten rid of a small number of partners and given out annual salary increases of 2.2% to its 4,400-person tax advisory business. It was six percent in 2023 and 10 percent in 2022. FT said bonuses would be smaller as well (£500 for junior staff — that’s $655 USD — to £4,000 for directors) and explained the math thusly: Bonuses for EY employees are calculate
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
Anders CPA
SEPTEMBER 3, 2024
The Department of the Treasury and the Internal Revenue Service (IRS) have released the highly anticipated clarification on inherited IRA accounts for non-spouse beneficiaries. Previous guidance didn’t indicate whether a taxpayer who inherits an IRA account would need to take annual required minimal distributions (RMDs) to comply with the 10-year rule.
Accounting Today
SEPTEMBER 3, 2024
For too long, tax departments have longed to improve their workpapers process, but they lack the time, resources or expertise to do so.
VJM Global
SEPTEMBER 3, 2024
Under the Goods and Service Tax (GST) , the Refund is a key component in the case of export of goods or services. The following two mechanisms of claiming a refund in case of export are: Claiming refund of Input Tax Credit about goods exported without payment of IGST; Claiming refund of IGST paid on export of goods CBIC has received various representations from the industry seeking clarification on how to claim a refund where goods were exported on payment of IGST and additional IGST is paid pos
Insightful Accountant
SEPTEMBER 3, 2024
This is a prologue to Murph's next part of his in-depth series on Acumatica. a summary of Acumatica ERP's Wholesale and Distribution businesses that simply can't get the job done with smaller accounting solutions.
Advertisement
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.
CPA Practice
SEPTEMBER 3, 2024
Small and medium-sized businesses (SMBs) are facing new cash flow challenges. Caught between advancing technologies and tighter lending standards, many of your SMB clients could be struggling to find the comprehensive financial advice they need for success. This is where you come in. In “Be the Financial Hero for SMB Clients (Without Being Their Bank),” you’ll learn top strategies to become a more trusted advisor – just by helping your clients overcome their financial constraints and objections.
LSLCPAs
SEPTEMBER 3, 2024
Calling all local government finance departments! Let’s talk about your financial statements, which can be your Annual Comprehensive Financial Report (ACFR), Popular Annual Financial Report (PAFR), budget book, or even a small monthly report. Does your team still use manual processes to create these financial statement reports with Word and Excel? Maybe you’d like to.
Summit CPA
SEPTEMBER 3, 2024
Building an agency from the ground up is no easy feat. You have to invest a lot into your business to ensure its growth and longevity. As a service-based business, sales is one of the deciding factors as to whether your company will sink or swim. With that said, it's very easy for sales representatives to fall into the trap of working hard to close a deal, only to have the unsuspecting project team realize – after speaking more with the client – that they'll be delivering a very different produc
CPA Practice
SEPTEMBER 3, 2024
Pending home sales in July retreated 5.5%, according to the National Association of Realtors. All four U.S. regions posted monthly losses in transactions. Year-over-year, the Northeast rose while the Midwest, South and West registered declines. The Pending Home Sales Index (PHSI) – a forward-looking indicator of home sales based on contract signings – slipped to 70.2 in July, the lowest reading since the index began tracking in 2001.
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 Insight
SEPTEMBER 3, 2024
In the ever-evolving landscape of financial services, off-channel communications have emerged as a critical area of concern. These unofficial channels, such as messaging apps like WhatsApp and WeChat, pose unique challenges for compliance, record-keeping, and risk management. But does using these apps actually have a real-world impact on financial services firms?
CPA Practice
SEPTEMBER 3, 2024
The Paychex Small Business Employment Watch for August, which reflects U.S. small businesses with fewer than 50 employees, reported the growth in hourly earnings for workers workers slowed to 2.89%. This marks the first time growth has been under three percent since January 2021. In addition, the one-month annualized hourly earnings growth dropped to 1.91%.
Accounting Insight
SEPTEMBER 3, 2024
The Practice Owners Podcast ™ is the blueprint to perfecting your practice for bookkeepers, accountants and wannabe practice owners. If you’re starting, running or scaling a practice and you want to change the way your practice feels then you’re in the right place. But this isn’t just a podcast. It’s a behind closed doors community, weekly episodes straight into your inbox on DEEP practice topics covering practice management, marketing, managing a team.
CPA Practice
SEPTEMBER 3, 2024
The Conference Board Consumer Confidence Index rose in August to 103.3 (1985=100), from an upwardly revised 101.9 in July. The Present Situation Index—based on consumers’ assessment of current business and labor market conditions—improved to 134.4 from 133.1 in July. The Expectations Index—based on consumers’ short-term outlook for income, business, and labor market conditions—also improved in August to 82.5.
Advertisement
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.
Expert insights. Personalized for you.
52 
Let's personalize your content