Wed.Nov 15, 2023

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How to Find FP&A Solutions That Meet Your Business Needs

Acterys

Corporate financial planning and analysis (FP&A) involves more than budgets, forecasts and spreadsheets. FP&A solutions deliver key insights into business performance and financial health that drive strategic decisions and set companies on the path to growth. Unfortunately, too many companies are slow to detect or address performance issues.

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The major benefits of AP Automation.

Airbase

Accounts payable (AP) refers to the series of steps that companies take to pay their bills. It requires the safe handling and recording of funds transferring from the company’s bank account to suppliers and vendors. Automation replaces the manual accounts payable process with software that can make everyone more efficient and lead to cost savings.

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How to Find FP&A Solutions That Meet Your Business Needs

Acterys

Corporate financial planning and analysis (FP&A) involves more than budgets, forecasts and spreadsheets. FP&A solutions deliver key insights into business performance and financial health that drive strategic decisions and set companies on the path to growth. Unfortunately, too many companies are slow to detect or address performance issues.

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Building a better P2P solution at breakneck speed.

Airbase

It’s been just seven months since we launched our groundbreaking Guided Procurement module, which represents a new milestone for spend management. Guided Procurement closes the loop on the multi-stakeholder compliance requirements that must be met in the procurement process. The result is being able to offer a full procure-pay-close platform that has earned rave reviews.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

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.

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Why 2024 will be the year of generative AI for investment accounting

Accounting Today

While it initially garnered attention for its creative applications in content and image generation, the true potential of generative AI lies in its ability to unlock new ways of thinking in the business world.

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IRS Revolutionizes Correspondence With Taxpayers Through New Online Document Upload Tool

Withum

In a move aimed at modernizing and streamlining the interaction between the Internal Revenue Service (IRS) and taxpayers, the IRS has recently announced the launch of its new Online Document Upload Tool. This tool represents a significant shift from the traditional method of correspondence, which primarily involved sending paper documents via regular mail.

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AICPA Honors 3 Tax Experts with Dixon and Horn Awards

CPA Practice

The American Institute of CPAs recently recognized three prominent Tax Division members during the 2023 AICPA & CIMA National Tax & Sophisticated Tax Conference and Fall Tax Division Meetings. Michael P. Dolan, JD, and Edward S. Karl, CPA were presented respectively with the Arthur J. Dixon Award and Brian D. Myers, CPA, received the Jonathan Horn Distinguished Service Award.

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5 Critical Questions to Ask Your Accountant About Tax Planning BEFORE Tax Season

CTP

Do you feel that you pay too much in tax? You’re not alone. The General Accounting Office estimates that Americans over-pay their taxes by almost a billion (yes, that’s billion) dollars each year! That’s why tax planning is gaining in popularity. Why do so many pay more than they have to? Some obvious reasons are mistakes or oversights on their tax returns.

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Engagements

Canopy Accounting

Canopy Engagements enables you to manage all interactions and touch points with clients, keep information secure and easily accessible, and simplify the process for clients to interact with you — all directly within Canopy.

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Anders Implements a Firm-Wide Quiet Week During Thanksgiving Week November 20-22, 2023

Anders CPA

To empower our employees to focus on individual projects and their professional development, Anders will be implementing a Quiet Week leading up to Thanksgiving. Interactions internally and externally will be limited from Monday, November 20 through Wednesday, November 22. The firm will be closed Thursday, November 23 and Friday, November 24 in observance of the Thanksgiving holiday.

CPA 105
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Fostering Exquisite Enterprises for a Thriving Future: Introducing the winners of Xero Beautiful Business Fund and State of the Industry Report

Insightful Accountant

Xero unveils the recipients of the prestigious Xero Beautiful Business Fund and present an insightful State of the Industry Report. Join us as we delve into the world of fostering exceptional enterprises.

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Understanding Form 8283 and non-cash charitable contributions

ThomsonReuters

Jump to: What is Form 8283? Boat donation tax deduction What is the cost basis for non-cash charitable contributions? Tax deduction for donation of clothing What are the rules for non-cash donations? Can donated services be tax deductible? Tax benefit for donating a car Helping clients with non-cash charitable contributions on their tax return Donating to charitable organizations not only enriches society but can also offer beneficial tax deductions.

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4 Super Easy Ways to Increase Your Firm’s Referrals

Insightful Accountant

Referrals are the best way increase your firm’s prospect pipeline and are worth way, way more than any referral you could get through traditional marketing sources, including social media and PPC (pay-per-click) ads.

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FAQ on giving to non-charity organizations

ThomsonReuters

Jump to: Are political donations tax deductible? Are church donations tax deductible? Are GoFundMe donations tax deductible? Are donations to the ACLU tax deductible? Are donations to Planned Parenthood tax deductible? Helping clients with non-charity donations on their tax returns When it comes to giving, most people immediately think of charitable donations to organizations like the Red Cross or Salvation Army.

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Back to Basics with Reconciliations

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.

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Ignition and Intuit Expand Partnership

CPA Practice

Ignition , a platform for professional services to get paid faster and run smarter, has expanded its strategic partnership with Intuit by integrating with ProConnect Tax , a cloud-based tax software. Accounting and tax firms are now able to import their ProConnect clients into Ignition, filter clients by return type, and send tax proposals to multiple clients in bulk using templates – enabling them to improve efficiency and profitability this tax season.

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What is an Engagement Letter and Why Accountants Need Them

Canopy Accounting

Engagement Letters are a critical tool in the accounting profession. They serve as a binding document between an accountant and their client, outlining the responsibilities and expectations of each party. But what exactly are they, how are they used, and why are they an important tool for accountants? Let's dive in.

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Schedule A and tax-deductible donations to charities

ThomsonReuters

Jump to: Which donations are tax deductible? Charitable contributions from IRAs How much of a donation is tax deductible? Rules for cash donation tax deductions Filling out Schedule A for Form 1040 Helping clients with tax deductible donations on their tax return As the season for giving approaches, many individuals and businesses consider making monetary donations to charitable organizations.

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Forvis and Mazars form global network

Accounting Today

The two-member combination will be called Forvis Mazars when it's finalized next June.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

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

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The SEC Has Released Its Enforcement Action Totals For 2023, Will Have to Try Harder Next Year

Going Concern

The Securities and Exchange Commission has released its enforcement action totals for 2023 and while enforcement actions were up, they did not beat 2022’s record of $6.4 billion in penalties and disgorgement. Better luck next year, guys. In fiscal 2023, the SEC filed 784 total enforcement actions, a three percent increase over fiscal year 2022.

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PCAOB releases flood of fines and sanctions

Accounting Today

The audit overseer hit at least nine different firms, with fines totaling approximately $4 million.

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17% of Retirees Consider Returning to Work

CPA Practice

By Howard Hook, CPA, CFP®. They leave to good cheer and perhaps some feelings of envy, as a retirement party and gifts from their colleagues usher them off to the next chapter in their lives. Then, for various reasons and maybe in just a matter of months, they un-retire, and return to the workforce, at least in some cases with their tails between their legs.

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New QuickBooks offerings focused on automation, efficiency, integration

Accounting Today

Intuit QuickBooks announced a raft of new capacities and features, mostly focused on automation, workflow efficiency and integration.

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Harness the Potential of Your Enterprise Knowledge

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.

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Unlock the Full Potential of Caseware Working Papers with Sherlock: Your Data Detective!

LSLCPAs

In the digital age, we’re swimming in an ocean of data that’s as vast and deep as the imagination itself. The numbers are staggering; according to statista.com, we’re talking about 328.77 million terabytes of data being churned out daily, with a mind-blowing 120 zettabytes predicted this year alone. And brace yourselves, because this data tsunami.

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Carson Block, Nate Anderson become SEC tipsters for cash payouts

Accounting Today

Alongside their public reports, short sellers are quietly sharing their research about sketchy accounting and other misdeeds with the Securities and Exchange Commission's whistleblower office in hopes of making some extra money.

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The Largest Private Company in the U.S.

CPA Practice

By Brooks Johnson, Minneapolis Star Tribune. (via TNS) With Cargill’s record-setting revenue announced earlier this year, the company has once again claimed the top spot in the annual Forbes ranking of America’s largest private companies released Tuesday. The Minnetonka-based firm has topped the list almost every year since Forbes introduced it in 1985.

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EisnerAmper merges in SKP

Accounting Today

The deal is expected to close early next year and is the latest in a string of M&A transactions since EisnerAmper received private equity funding.

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Solve Your Firm's Automation Complexities Once and For All

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.

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Aprio to Add Bay Area Firm Rubens Partners

CPA Practice

Top 30 accounting firm Aprio will be merging in Lafayette, CA-based CPA firm Rubens Partners on Dec. 1. As part of the deal, 14 Rubens Partners team members, including partners Sharon Rubens and Linda Martins, will join Atlanta-based Aprio. The firm’s employees will relocate to Aprio’s existing office in Walnut Creek, CA, and join Aprio’s West Coast team, led by Tom Neff, West Coast regional leader.

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Fresh accounting issues add scrutiny on Brazil retailers

Accounting Today

Magazine Luiza's announcement of accounting "inconsistencies" deals another blow to companies that have struggled after the scandal that brought down Americanas.

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How to Get a Do-Over on Social Security Benefits

CPA Practice

By James Royal, Ph.D., Bankrate.com. (via TNS) When it comes to Social Security, the standard advice you might hear suggests that you won’t get a second chance to decide when to start taking your benefits. But in at least two circumstances you can get a chance at a “do-over.” If you do decide to change your benefits, you could end up with substantially more money each month.

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Your Part-Time Controller gets PE funding

Accounting Today

YPTC received a strategic growth investment from Pamlico Capital, a private equity firm based in Charlotte, North Carolina.

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It Takes Two to Tango

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.