GrowthForceBlog
DECEMBER 12, 2024
8 min read December 12th, 2024 Every new year brings new challenges and opportunities in business. It's up to business owners to ensure they are prepared for what lies ahead in the coming year. The best business leaders keep a continuous eye on the future. Key Takeaways Types of Financial Forecasts: Business leaders can generate forecasts for just about any aspect of their business.
inDinero Tax Tips
DECEMBER 12, 2024
It finally happened investors saw your vision, you raised a Series A, and now you have the green light to grow as quickly as possible. Now what? Or perhaps youre building an MVP and scrapping for revenue. Your idea has potential, but you have to diligently manage resources until you can raise seed funding. Regardless of where you are in your journey, cash flow management for your startup will be crucial.
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FraudFiles
DECEMBER 12, 2024
Tracy Coenen talks about the prevalence of fraud allegations related to construction projects and the work a forensic accountant can do in construction claims. She goes through the basics of the financial analysis performed on the numbers and documents related to the construction project. The construction analysis includes a comparison of the following numbers: Total [.
Anders CPA
DECEMBER 12, 2024
Navigating the complexities of Regulation C as it applies to HMDA reporting can be daunting, but understanding key definitions and reporting requirements can ensure your financial institution remains in compliance. Brad Stumpe, CPA, CRCM , partner and compliance and loan review practice leader, hosted a webinar, HMDA Refresher Including What Reporters Must Know Prior to Section 1071 Implementation , to inform financial institutions of their obligations under HMDA reporting requirements.
Speaker: Claire Grosjean
Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.
Accounting Today
DECEMBER 12, 2024
The Internal Revenue Service is adding more features to the Tax Pro Account, Business Tax Account and Individual Online Account, and starting a new enforcement campaign.
Accounting Insight
DECEMBER 12, 2024
63%* of people admit they find filing tax returns stressful Over a fifth (22%) admit losing sleep as the deadline looms The crunch is also affecting family time, with over a quarter (27%) of people saying they spent less time with friends and family due to the demands of filing their tax returns Incredibly, more than 25,000 people filed tax returns on Christmas Eve, Christmas Day and Boxing Day last year Executive Coach, Jessica Rogers offers top tips for staying financially and mentally healthy
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
Going Concern
DECEMBER 12, 2024
The PCAOB released a Spotlight the other day [ PDF ] and it seems large firms are just now recognizing that increased offshoring might have a negative effect on the foundational skills early-career auditors. By “negative effect” we mean a loud sucking sound as these tasks get pumped to distant corners of the world where offshore staff work for pennies on the dollar.
CPA Practice
DECEMBER 12, 2024
Its been months in the works, and today we are excited to share our new site with you! Please click around, enjoy the new features, explore the site, and by all means please share your feedback with us in the Comment section below!
AccountingDepartment
DECEMBER 12, 2024
In today's rapidly evolving business landscape, the ability to turn raw data into actionable insights is paramount for sustainable growth and success. For many organizations, especially those without the resources to maintain a full-scale finance department, CFO support services offer a critical link between data and decision-making. These services transform complex financial information into strategic plans that drive business excellence.
Patriot Software
DECEMBER 12, 2024
Before you can begin looking into your businesss profit, you need to understand and know how to calculate cost of goods sold (COGS). So, where do you begin? Start here by learning all about COGS, including how to get cost of goods sold using the cost of goods sold equation.
Speaker: David Worrell, CFO, Author & Speaker
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
CPA Practice
DECEMBER 12, 2024
According to SCORE, 82% of small businesses fail due to issues managing cash flow. If money has not been set aside for taxes, an unexpected rise in expenses can cause their business to fail. As a result, personal savings can be wiped out, and those with small business loans can go into debt.
Accounting Today
DECEMBER 12, 2024
Zoho announced the US release of its end-to-end payroll solution, Zoho Payroll, on top of enhancements to its existing suite of finance products, which include Zoho Books, Zoho Inventory, and Zoho Practice.
CPA Practice
DECEMBER 12, 2024
While 70% of hiring managers believe employees should feel comfortable discussing personal issues with their manager if they impact their work, nearly 39% find it challenging to help employees navigate these issues (e.g., health, relationships, finances) to improve productivity.
Accounting Today
DECEMBER 12, 2024
Dutch treat; for the record; last Resort; and other highlights of recent tax cases.
Speaker: Dave Sackett
Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.
CPA Practice
DECEMBER 12, 2024
82% of employees over the age of 45 wish they had sought advice or guidance on retirement savings when they were younger.
Summit CPA
DECEMBER 12, 2024
It takes a lot of hard work, time and skill to keep a small business running smoothly, day to day. There are so many tedious tasks that take time away from the important work that needs to be done. Even if you have all the brains and brawn to wear all those different hats, trying to take care of everything yourself could soon become very overwhelming.
CPA Practice
DECEMBER 12, 2024
Two of their top eight stressors include finances. Cost of living is the second-most common stressor (35%), followed by paying for college/student loan debt (29%).
Menzies
DECEMBER 12, 2024
Menzies LLP - A leading chartered accountancy firm. Join Giuseppe Parla , Bethan Evans , and Alexandra Davies for an insightful discussion on the fundamentals of administrations, the concept of pre-packed administrations, and how the profession has worked to enhance perceptions of these arrangements. If you’re a creditor, discover the key factors to watch for when a company enters administration.
Speaker: Erroll Amacker
As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R
CPA Practice
DECEMBER 12, 2024
The report concluded that Generative AI has the potential to reduce the burden of human interaction for many types of tasks, freeing up a workforce for higher productivity and space for more ambitious strategies.
Insightful Accountant
DECEMBER 12, 2024
Even though 3rd-party nominations of ProAdvisors for the 2025 Awards have closed, ProAdvisors can still Apply (or complete their applications) until February 11, 2025.
Withum
DECEMBER 12, 2024
Are you struggling to keep your chemical manufacturing operations efficient while driving sales? In this fast-paced industry, staying competitive is essential. The current sales process is complex and challenging to systematize. Lets explore how to rethink your sales process and offer simple CRM strategies that can enhance sales, minimize inefficiencies and optimize regulatory compliance.
Insightful Accountant
DECEMBER 12, 2024
Withum is driving talent recruitment and retention using technology and innovation.
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Going Concern
DECEMBER 12, 2024
Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Sign up now to view the complete candidate list and connect with potential hires.
Insightful Accountant
DECEMBER 12, 2024
Rhonda Rosand of New Business Directions in North Conway, New Hampshire, is our ProAdvisor Profile focus this week.
Accounting Today
DECEMBER 12, 2024
The Committee of Sponsoring Organizations of the Treadway Commission published a framework for imposing internal controls over robotic process automation.
CPA Practice
DECEMBER 12, 2024
This month, a new record-high share of consumers indicated that they expect mortgage rates to decline over the next 12 months, while fewer respondents said they expect home prices to rise.
Speaker: Anna Tiomina, MBA
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
Accounting Today
DECEMBER 12, 2024
Payment solutions provider Bill released a tool that lets users manage their AP needs and 1099-NEC and 1099-MISC forms together from a single platform.
TaxConnex
DECEMBER 12, 2024
Holiday shopping season offers probably the years best chance for your online business to score big, not only through sales on your own website but also through household-name marketplace facilitators like Amazon. Black Friday this year saw a record $10.8 billion in U.S. online sales up 10.2% over last year. Cyber Monday wasnt far behind, as consumers looked to spend $13.2 billion, up more than 6% over 2023.
Accounting Today
DECEMBER 12, 2024
Accountants' skill sets can help them navigate leadership, foster innovation and drive successful financial operations in any organization.
Xero
DECEMBER 12, 2024
I wanted to give you a quick update on a decision weve made about payroll after listening to customer feedback. Earlier this year we launched our new plans: Ignite, Grow, Comprehensive and Ultimate. We designed the plans to give everyone more access to some of the most useful tools for running a business. For employers, payroll is obviously one of those critical tools.
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