CPA Practice

SEPTEMBER 18, 2024

The U.S. Federal Reserve announced on Wednesday that it will lower the federal funds rate by half a point. The rate is the amount it charges banks to borrow funds, which in turn affects the rates consumers and businesses see for loans, mortgages, credit cards and other finances, and can impact the economy as a whole. The Federal Reserve said the decrease will help decrease inflation, and was justified due to the economy achieving a better balance with employment levels.

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Finance 69

Going Concern

SEPTEMBER 18, 2024

EY has issued a statement addressing the now-viral email written to EY India Chairman and Regional Managing Partner Rajiv Memani by a mother who tragically lost her daughter, an EY employee for just four months, in July. Anita Augustine’s scathing letter details how her 26 year old daughter Anna Sebastian Perayil “worked tirelessly at EY, ” giving in to unreasonable demands placed upon her day after day because she was new and wanted to impress. “However, the workload, ne

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Accounting Today

SEPTEMBER 18, 2024

The Federal Reserve lowered its benchmark interest rate by a half percentage point Wednesday, an aggressive shift aimed at bolstering the U.S. labor market.

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GrowthForceBlog

SEPTEMBER 18, 2024

7 min read September 18th, 2024 The Association of Certified Fraud Examiners (ACFE) has released its latest internal business fraud findings in its Occupational Fraud 2024: A Report to the Nations study. It is the largest global study on occupational fraud and examines nearly 2,000 cases that resulted in more than $3.1 billion in monetary losses. Key Takeaways What Are Internal Controls: Internal controls are guidelines, policies, and procedures that are designed and implemented to protect a bus

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Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be

accounting and finance

Canopy Accounting

SEPTEMBER 18, 2024

In this episode, Andrew Lassise, founder of Tech for Accountants, shares his career journey, from entering the financial planning world during the 2009 recession to transitioning into IT and tech consulting for accountants. He discusses the importance of leveraging technology in accounting firms, integrating AI, and building a robust tech stack that can scale with business growth.

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Technology accounting firms Account accountant 59

Insightful Accountant

SEPTEMBER 18, 2024

Insightful Accountant wants your input on CRMs that you may use, refer to your clients, implement for your clients, or you are certified in. Please take 5 minutes to complete a very brief 3 question survey.

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Accounting Today

SEPTEMBER 18, 2024

A new Deloitte survey shows 58% of CFOs saying the result of the presidential election will be extremely or very consequential for their organization.

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corporation tax Tax Account accountant 64

Insightful Accountant

SEPTEMBER 18, 2024

The Tax Court's recent ruling in Soroban Capital Partners has significant implications for determining whether a limited partner's distributive share qualifies for the self-employment tax exception under Section 1402(a)(13).

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Tax 52

Accounting Today

SEPTEMBER 18, 2024

Accountants weigh in on which groups are most affected by the economy, the importance of certifications, and other key metrics.

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Account accountant accounted Tax 70

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Global business travel is surging, with companies spending as much as or more than they did before the pandemic. This trend is expected to continue, with more growth on the horizon. The types of travelers are also changing, with millennials and Gen Zers taking on the majority of the load. Business travel is evolving, and younger generations expect less hassle, even though there are more ways to book and pay for travel than ever before.

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Ryan Lazanis

SEPTEMBER 18, 2024

Discover the 4 crucial elements to focus on for business growth. Nail these, and you'll likely become a super happy firm owner—find out how! The post You Only Need These 4 Things to Have a Great Firm appeared first on Future Firm.

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Account accountant accounted 52

Accounting Today

SEPTEMBER 18, 2024

Intuit announced the release of Intuit Enterprise Suite, an all-in-one solution that is meant for larger, more complex businesses.

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Insightful Accountant

SEPTEMBER 18, 2024

NetSuite has Introduced new AI-Powered Project Management Capabilities to bolster the 'suiteness' of SuiteProjects and anticipate risk, accelerate planning, and increase productivity.

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Xero

SEPTEMBER 18, 2024

I was excited to sit down at Xerocon Nashville recently with Ashley Francis, a CPA with almost 25 years of experience, who has become an accounting expert on using artificial intelligence. Based in the US, Ashley is a well-known speaker, teacher and writer in the accounting industry on the value of incorporating generative AI (GenAI) and automation into practices.

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Technology Account accountant accounted 52

Speaker: Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

Finance

Summit CPA

SEPTEMBER 18, 2024

How does an accidental agency owner attract prospects, convert them into clients, and then scale their business to a point that selling is a realistic possibility? What are the factors that separate an ordinary agency from one that thrives?

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CPA Practice

SEPTEMBER 18, 2024

Many small businesses rely on a strong holiday season to make ends meet, and while inflation has cooled from previous highs, its longtail impact is being felt by both SMBs and their customers. The latest Small Business New report from Constant Contact shows that 89 percent of SMBs globally have been impacted by inflation, and 52 percent of consumers have reduced their spending at SMBs due to inflationary pressures.

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Withum

SEPTEMBER 18, 2024

Implementing a new Enterprise Resource Planning (ERP) system is a transformative decision for your organization and marks a significant milestone in its growth trajectory. As with any major initiative, the journey begins with a strong foundation and strategic approach. This article provides a deep dive into the initiation and ERP implementation planning phases of your ERP implementation project, offering strategic steps to ensure your organization is set up for success from the very beginning.

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CPA Practice

SEPTEMBER 18, 2024

Lauren Rosenblatt The Seattle Times (TNS) Amazon will require employees to work from the office five days a week, starting in January, the tech giant has announced. It’s a shift from the current three-day-a-week return to office mandate, which Amazon has had in place since May 2023. In a note to employees Monday, CEO Andy Jassy wrote that the company is going to return to being in the office the way we were before the onset of COVID.

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Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

accounting and finance

Insightful Accountant

SEPTEMBER 18, 2024

In this episode of the Accounting Insiders Podcast, host Peter Leonard introduces MyWorks Software, an innovative tool designed to automate e-commerce bookkeeping for online businesses.

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E-commerce bookkeeping Account accountant 52

CPA Practice

SEPTEMBER 18, 2024

By Izzy Kharasch. Sometimes you tip at a restaurant, sometimes you give a gratuity and more and more you’re paying a service charge. What happens to that money? All of those may equal 20 percent, but how much goes to the server depends on which one you are paying. How Much of Your Tip Does the Server Get? My bill is $300 and I like to tip 20 percent, which means I am giving the server $60.

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Wendy Tietz

SEPTEMBER 18, 2024

Ford Motor Company (NYSE: F) is moving ahead with a $1.5 billion expansion of its Ohio Assembly Plant in Avon Lake to start producing a new electric commercial van by 2026. This investment is part of Ford’s strategy to shift towards more electric and hybrid vehicles that are cost-efficient and offer better value to customers.

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CPA Practice

SEPTEMBER 18, 2024

Kurt Wagner, Aisha Counts Bloomberg News (TNS) Instagram is changing the default privacy settings for many U.S. teenagers, part of an effort to keep them safer and give parents more control over how their kids interact online. The new settings will make teen accounts private by default, limit who those users can send private messages to, and put teens in the “most restrictive” tier when it comes to viewing sensitive content.

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Historical bookkeeping clean-up is like an archaeological dig for financial documents. It is a vigorous, systematic process that ensures thorough scrutiny of every document. From verifying inconsistencies to reconciling payments, each layer of exhaustive evaluation brings greater clarity into your company's financial past. In this article, we will walk through all that historical bookkeeping clean-up entails.

bookkeeping

Anders CPA

SEPTEMBER 18, 2024

The CannaBiz Success Show is excited to announce its new co-host, Brett Adams! For Brett’s first episode, he and Guillermo explore the New Jersey cannabis market with Brian Dowling, CEO of Sussex Cultivation, and Joe Bellantoni, CFO of Sussex Cultivation. Brian shares his transition from college athlete to cannabis entrepreneur, influenced by his family’s healthcare business.

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CPA Practice

SEPTEMBER 18, 2024

Top 300 accounting firm KNAV Advisory said on Sept. 16 that it has secured a minority investment from NKSquared, the U.S. investment vehicle of Indian billionaire entrepreneur and investor Nikhil Kamath. The funding will be used to drive the firm’s growth initiatives, including both domestic and foreign acquisitions, as well as to bring in new talent to offer expanded services and increase technology investments, KNAV said in a media release.

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New York accounting firms Account accountant 52

Shay CPA

SEPTEMBER 18, 2024

Getting an audit notice from a tax authority is enough to stop most founders in their tracks. It doesn’t necessarily mean you’ve done anything wrong, though. While things like high deductions can definitely trigger an audit, it’s also possible to get chosen at random. The IRS, for example, uses computer screening to pick out companies to audit, and anything that deviates you from their statistical formula can land you in the audit pile.

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CPA Practice

SEPTEMBER 18, 2024

Chicago-based tax and accounting firm Prosperity Partners has made its first acquisition since rebranding from NDH Advisors earlier this month, announcing Sept. 18 that it’s adding Cendrowski Corporate Advisors. Founded in 1983 by Harry Cendrowski, Cendrowski Corporate Advisors is a boutique tax consulting firm offering comprehensive tax, outsourced accounting, family office services, business valuation, dispute advisory, and forensic accounting services to its clients.

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forensic accounting tax consultant Kansas tax preparation 52

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By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.

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Canopy Accounting

SEPTEMBER 18, 2024

In modern accounting, one thing remains constant: the need to provide real value to clients. However, in the quest to keep clients happy, many firms adopt a ‘yes to everything’ mentality. It seems harmless, even admirable, to accommodate every whim and demand, but in reality, it can lead to scope creep, unrealistic expectations, and ultimately, a strain on resources.

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CPA Practice

SEPTEMBER 18, 2024

By Vanessa Piedrahita. Hispanic- and Latino-owned businesses are an economic powerhouse in the U.S., driving growth, innovation, and job creation. Nearly 5 million Hispanic-owned companies generate about $2.8 trillion in economic output and $800 billion in annual revenue, outpacing the overall growth of U.S. businesses. Understanding and addressing the unique needs of these businesses is crucial for advisory firms seeking to make a meaningful impact in this sector and foster growth.

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Accounting Today

SEPTEMBER 18, 2024

Pruning your technology from time to time will make sure its better serving you and your clients.

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