Tue.Apr 02, 2024

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The power of setting and explaining minimum fees

Mark Lee

The first question to consider here is whether you want all new clients to pay you at least a minimum fee. This is a good question to ponder. In most cases I think your reply should be ‘yes’. Where you set your minimum fees is up to you of course. As is whether you announce it publicly. And the other key decision is when and how to approach those existing clients who are not (yet) paying the same (minimum) fees you charge new clients.

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Is a Fractional CXO the Right Move for Your Growing Business?

BurklandAssociates

Explore the considerations and benefits of hiring a Fractional CXO for your company in various functions like finance and procurement. The post Is a Fractional CXO the Right Move for Your Growing Business? appeared first on Burkland.

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Small Business Guide to Government Grant Accounting and Compliance

SMBAccountant

It's crucial to assess your eligibility for federal grants before applying, as pursuing grants for which you are not legally eligible can waste time and resources. For small businesses, understanding various factors is essential. This includes budgeting, expense tracking, and reporting to ensure funds are used appropriately and in compliance with grant terms.

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PwC Signed a 141,000 Sq Ft Lease For a New Office in San Jose

Going Concern

Real estate news site The Real Deal reports everyone at PwC’s San Jose office will be moving away from downtown and into new digs soon: Accounting firm PricewaterhouseCoopers has signed a long-term lease for 141,000 square feet in Federal Realty Investment Trust’s Santana Row development, according to a Federal Realty press release. PwC’s current 15-year lease in downtown San Jose expires in 2025 and the agreement allows the firm to move to One Santana West in 2026.

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Forecasting Failures Are Costly: Here's How To Fix Them

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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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.

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BookSmiles: Spreading Joy and Literacy With Larry Abrams

Withum

Explore Other Episodes #CivicWarriors #WithumImpact The post BookSmiles: Spreading Joy and Literacy With Larry Abrams appeared first on Withum.

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Worth The Read - The Good, the Bad and the Ugly of It

Insightful Accountant

Who says 'progress' is always good? Sometimes it's a mess. Here's one case of QB Enterprise to QBO Advanced migration that was more of the later than the former. Maybe you can help???

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Payroll Data Security: Defending Against Payroll Data Breaches

Patriot Software

Data breaches and cyberattacks happen every day. Payroll contains sensitive employee information such as Social Security numbers and bank account details, making it a goldmine for cybercriminals. And because 43% of all data breaches target small businesses, payroll data security should be top of mind. Kickstart your payroll data security training here.

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Docyt To Unveil New Voice-Based Transaction Categorization

Insightful Accountant

Docyt will unveil new voice-based transaction categorization for its AI-powered Accounting Automation Platform at AAHOACON24. Docyt will also compete as a finalist in the event's Tech Pitch Competition.

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How to Handle Recent HRSA Notices to Providers for Provider Relief Funding

Withum

Recently, the U.S. Department of Health and Human Services Health Resources and Services Administration (“HRSA”) has reached out to providers that received Provider Relief Funds (“PRF”) and American Rescue Plan Rural Distribution Funds (“ARP Rural”) regarding either delinquency in required audit reporting, which must be reported by April 5, 2024, or final repayment notices.

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EY Oceania’s Appalling Culture Is Back in the News With Gruesome New Details

Going Concern

I noticed today that this July 2023 article on EY Oceania’s culture problems was getting an unusual amount of traffic over the past few days, a phenomenon that could only mean one thing: EY’s culture problems must be back in the news and not for anything good. Lo and behold, my instinct was correct. In that article we focused on the work side of an independent report EY Oceania commissioned itself after a young auditor was found dead at the Sydney office on a Saturday in August 2022.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

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

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U.S. CleanTech Subsidiary Expansion 101

Withum

As the world increasingly prioritizes sustainable and environmental practices, CleanTech companies play a pivotal role in shaping a greener future. If you’re a CleanTech entrepreneur looking to expand your business to the United States, here are just a few things you should be considering. Understand the U.S. Market Before diving in, thoroughly research the U.S. market.

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Direct Pay for Not-for-Profits

Cherry Bekaert

The Inflation Reduction Act of 2022 (IRA) opened the direct pay program for not-for-profit or tax-exempt organizations to qualify for energy tax credits if they were investing in clean energy solutions. Before the IRA, there were clean energy tax credits available to tax-paying entities to take advantage of, but tax-exempt organizations couldn’t reap any benefits when choosing to invest in energy enhancements.

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Meet the Brand: Nori HR

Accounting Insight

Learn more about first-time exhibitors NORI HR, ahead of meeting them at Accountex next month! What do NORI HR do? NORI HR and Employment Law are a firm specialising in those areas. We offer telephone, email and face to face support and training, plus a full suite of compliant documentation. We can offer these services as a white label to you, so you can increase your revenues and services by offering professional HR and Employment Law – wholly serviced by us, under your name.

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Streamlining the Agency Proposal Process and Managing Scope

Summit CPA

Jamie and Joey discuss the challenges creative agencies face with proposal and pricing strategies, particularly scope creep.

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Book of Secrets on the Month-End Close

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.

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KPMG U.S. CEO to Chair Center for Audit Quality’s Governing Board

CPA Practice

The next chair of the Center for Audit Quality (CAQ) Governing Board is Paul Knopp, U.S. CEO of Big Four firm KPMG, who was elected to the position on April 1. Knopp will succeed Tim Ryan, senior partner of PwC in the U.S., as CAQ Governing Board chair. Ryan is retiring from PwC on June 30. “With rapidly emerging technologies such as generative AI, new corporate reporting areas including new climate disclosure rules and a need to strengthen the talent pipeline for the future, now is a transforma

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Feeding Hope: How the New Markets Tax Credit is Revolutionizing Food Banks

Cherry Bekaert

Contributors: Joe Hennessee, Strategic Financing Services Senior Manager | Cherry Bekaert Janée Fenter, Strategic Financing Services Senior Associate | Cherry Bekaert Trevor Nelson, Strategic Financing Services Senior Associate | Cherry Bekaert Food banks, pantries and community food programs have established a longstanding tradition of serving those in need.

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Experience, Learn and Earn Program Off to Quick Start, AICPA and NASBA Say

CPA Practice

A pilot program developed by the AICPA and the National Association of State Boards of Accountancy (NASBA) last summer to help accounting graduates earn the required academic credits for CPA licensure has earned positive reviews in limited feedback so far from participants and the accounting firms that employ them, officials said on April 2. Thirty-eight students are currently enrolled in Experience, Learn and Earn (ELE), a program that provides accounting grads a flexible and affordable way to

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St. Louis Inno Partnership: Is Crowdfunding Right for Your Startup? Pros and Cons of the Popular Funding Strategy

Anders CPA

As startups continue to feel the effects of venture capital pulling back their investments, they still require funding to extend their runway. Crowdfunding is an attractive strategy for founders seeking alternative funding methods. Anders Tax Manager Max Goewert, CPA , broke down the different campaign types and shared valuable tips for startups considering crowdfunding for the St.

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How To Break Digital Transformation Barriers And Accelerate AI Adoption

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?

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Here Are the Eight Finalists in the ABC Tournament

CPA Practice

There are eight remaining participants competing for the championship in the 2024 Accountant Bracket Challenge, presented by Accounting High, as voting for the Elite Eight has begun and lasts until 10 a.m. EDT on April 5. Left are two 1 seeds, a 3 seed, a 4 seed, a 6 seed, a 7 seed, an 8 seed, and a 10 seed. In the Education Category , the two quarterfinal matchups are: 1.

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Federal Judge Rejects Hunter Biden’s Bid to Dismiss Tax Case in L.A.

CPA Practice

By James Queally, Los Angeles Times (TNS) A federal judge rejected Hunter Biden’s bid to dismiss multiple counts of tax-related offenses in an 82-page ruling handed down Monday, clearing the way for the president’s son to face court proceedings during the contentious 2024 election cycle. U.S. District Judge Mark C. Scarsi, an appointee of then-President Trump, appeared skeptical of the claims of outrageous government misconduct and vindictive prosecution made by Biden’s legal team during a hear