TaxConnex
DECEMBER 3, 2024
There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent changes and updates. NOMAD news. Will “NOMAD” soon be just a NOD? The five-letter acronym stands for the states without a statewide sales tax – New Hampshire, Oregon, Montana, Alaska and Delaware – and two of those states might be leaving the group sooner than later.
CPA Practice
DECEMBER 3, 2024
UHY is getting an injection of private equity funding from Boston-based investment firm Summit Partners, calling it a significant milestone in its growth and strategic development, the top 30 accounting firm said on Dec. 3. Financial terms of the deal weren’t disclosed. With this deal, more than 35% of the top 30 accounting firms in the U.S. by revenue have sold stakes in their firms—many a controlling stake and some a minority stake —to private equity investors.
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Going Concern
DECEMBER 3, 2024
Multiple sources are reporting that the King’s EY is looking at axing about 150 people in consulting, 3% of that service line and 1% of the overall workforce. Bloomberg Law said the cuts are “another sign of a weak consulting market that lately has affected big accounting firms globally” but with how long this excuse has been going, it’s really starting to feel like firms are just bad at managing their headcounts and making money.
CPA Practice
DECEMBER 3, 2024
Staff reports The Albany Herald, Ga. (TNS) ATHENS, GA (Nov. 27)—A tax preparer who admitted to filing more than $3 million in fraudulent tax returns on behalf of her clients is facing up to 30 years in prison for her crime. Jessica Crawford, 33, of Athens, pleaded guilty to one count of wire fraud and one count of aiding and assisting in the preparation and presentation of false income tax returns before U.S.
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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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.
DMCL
DECEMBER 3, 2024
DMCL is thrilled to share that Donna Branston , our Entertainment Accounting and Business Management Partner, was recently featured in CPABC’s Backstage Pass , a podcast exploring the unique stories of CPAs working in entertainment. In her interview, Donna sheds light on the dynamic world of entertainment accounting, the challenges faced by artists and creatives, and how her work at DMCL helps clients navigate the complexities of this exciting industry.
CPA Practice
DECEMBER 3, 2024
Sage, a maker of accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs), has announced that Sage Copilot is available to early adopters initially in the US and UK on Sage Intacct. As part of a raft of new enhancements and updates for Sage Intacct customers globally, the introduction of this cutting-edge generative AI tool will support customers with actionable insights and intuitive support to help drive productivity and growth.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
CPA Practice
DECEMBER 3, 2024
SolomonEdwards , a national professional services firm offering financial, operational and technology consulting along with operations support, has acquired the national tax consulting firm Steele Consulting. Effective immediately, SolomonEdwards clients gain access to an expanded suite of tax support services across state, local, federal and international jurisdictions.
Accounting Today
DECEMBER 3, 2024
Accounting leaders say the profession is largely vigilant amid the broader corporate backlash against diversity, equity and inclusion.
CPA Practice
DECEMBER 3, 2024
The IRS is giving payroll companies and third-party payers more time to help resolve their clients’ erroneous claims for the Employee Retention Credit (ERC). The tax agency has extended the deadline for third-party payers—such as certified professional employer organizations, professional employer organizations, and IRC Section 3504 agents—to file a supplemental claim for their clients until Dec. 31.
Accounting Today
DECEMBER 3, 2024
IRIS Software Group announced its intention to acquire bookkeeping and accounting solutions provider Dext.
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
Withum
DECEMBER 3, 2024
In this episode of Cryptonomix, Mark Eckerle sits down with Jeff Rundlet, Head of Accounting Strategy at Cryptio, an institutional-grade crypto accounting platform.
Accounting Today
DECEMBER 3, 2024
UHY, a Top 50 Firm based in Farmington Hills, Michigan, has received private equity funding from Summit Partners, a Boston-based investment firm, the latest in a long line of accounting firms receiving PE financing.
AccountingDepartment
DECEMBER 3, 2024
Join AccountingDepartment.com in supporting the research, funding and treatment for rare diseases and Alternating Hemiplegia of Childhood.
Accounting Today
DECEMBER 3, 2024
The Public Company Accounting Oversight Board posted a disciplinary order sanctioning Weinstein International CPA and its sole partner for audit and quality control failures.
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Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.
Ryan Lazanis
DECEMBER 3, 2024
If you want your monthly bookkeeping checklist to be efficient and accurate, here are 13 tasks to include—with tips to make them easier. The post 13 Tasks To Include In Your Monthly Bookkeeping Checklist appeared first on Future Firm.
Accounting Today
DECEMBER 3, 2024
The fiscal year-end brings a cycle of intense workloads that can extend into the new year, as accountants and auditors work to close the books.
Anders CPA
DECEMBER 3, 2024
Navigating the Medicaid and Medicare enrollment process is a critical step for health care providers seeking a broad patient base. While the process is necessary, it can be complex and time-consuming with each program having its own requirements, timelines and potential pitfalls. Failing to properly complete the enrollment process can delay reimbursements and disrupt your revenue cycle, making it essential to approach the enrollment process with precision and strategy.
Accounting Today
DECEMBER 3, 2024
What small accounting firms can do to move the needle on diversity, equity and inclusion.
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?
Insightful Accountant
DECEMBER 3, 2024
Sage Intacct Release 4 brings AI-driven Sage Copilot and productivity tools to enhance decision-making and efficiency.
Accounting Today
DECEMBER 3, 2024
The long efforts to put in place the enforcement mechanisms to attack syndicated conservation easements appear to at last be finalized.
Insightful Accountant
DECEMBER 3, 2024
American small and medium-sized businesses (SMBs) are at the forefront of the AI revolution, outpacing their global counterparts in adoption rates.
Summit CPA
DECEMBER 3, 2024
Jamie and Jody chat with Zaid Ammari from PPC Masterminds to explore advanced marketing strategies including digital marketing retargeting.
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Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.
Accounting Today
DECEMBER 3, 2024
Small business jobs growth remained steady in November, while workers' wages grew only slightly, payroll provider Paychex reported.
Menzies
DECEMBER 3, 2024
Menzies LLP - A leading chartered accountancy firm. A finance manual is a comprehensive file that documents a business’ internal financial processes and policies. It serves as a guide for staff to ensure consistency, compliance, and efficiency in financial operations. A finance manual may also be requested by investors, buyers, and board members to support making business/finance decisions.
Accounting Today
DECEMBER 3, 2024
SolomonEdwards acquires Steele Consulting; LGA merges in McGaunn & Schwadron CPAs; and Barsz Gowie Amon & Fultz adds William E. Howe & Co.
CPA Practice
DECEMBER 3, 2024
IRIS Software Group , has announced a definitive agreement to acquire Dext Software Ltd (Dext), a bookkeeping automation platform provider. The acquisition will unite two sector-leading cloud-based platforms – Dext’s Bookkeeping Automation Platform and IRIS Elements – to deliver a complementary and fully integrated, end-to-end solution for accountants, bookkeepers, and businesses.
Speaker: Joe Wroblewski, Senior Sales Engineer
Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!
Accounting Today
DECEMBER 3, 2024
The Financial Accounting Standards Board is seeking comments on a practical expedient and an accounting policy election for stakeholders.
CPA Practice
DECEMBER 3, 2024
By Jarrell Dillard Bloomberg News (TNS) U.S. job openings picked up in October while layoffs eased, suggesting demand for workers is stabilizing. Available positions increased to 7.74 million from a revised 7.37 million reading in September, the Bureau of Labor Statistics Job Openings and Labor Turnover Survey, known as JOLTS, showed Tuesday. The median estimate in a Bloomberg survey of economists called for 7.52 million openings.
Accounting Today
DECEMBER 3, 2024
A French unit of the Swiss lender is accused of sidelining and slashing the bonus of a former auditor who was penning a report on potentially unlawful behavior.
CPA Practice
DECEMBER 3, 2024
The Financial Accounting Standards Board (FASB) published a proposed Accounting Standards Update (ASU) on Dec. 3 that addresses the measurement of credit losses for accounts receivable and contract assets for private companies and certain not-for-profit entities. The FASB and the Private Company Council, the group that advises the U.S. standard-setting board on private company accounting matters, took on this project to address challenges with applying the guidance in Topic 326, Financial Inst
Speaker: Melissa Hurrington
Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.
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