FraudFiles
AUGUST 30, 2024
Tracy Coenen talks to a group of CPAs about the top ways fraud is detected within companies. The Association of Certified Fraud Examiners (ACFE) conducts a survey of its members every two years. It consistently finds that the most common way fraud is found within companies is through tips from employees, customers, and vendors. Next, [.
CPA Practice
AUGUST 30, 2024
Research conducted by the Center for Accounting Transformation revealed that about one-fourth of accounting professionals would like to increase their activity in DEI programs. However, only about 30% of accounting organizations implement DEI initiatives. The findings were shared during the Center’s recent webinar on the research results, “The DEI Journey of Accounting Professionals – A Research Study Analysis,” which was hosted by Donny Shimamoto, CPA, CITP, CGMA, the founder and managing di
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Going Concern
AUGUST 30, 2024
StoneTurn’s Brad Wilson wrote an opinion piece for Bloomberg Tax about how business leaders can take proactive steps to address the accountant shortage and I am presenting it here for you to critique. According to Glassdoor , StoneTurn is a global professional services firm that works with law firms, corporations, and government agencies in solving the most complex and consequential business issues.
Accounting Today
AUGUST 30, 2024
Plus, Crowe solution streamlines financial spreading process; Patriot Software releases new payroll, compliance tools; and other accounting tech news.
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
CPA Practice
AUGUST 30, 2024
Hosts Randy Johnston and Brian Tankersley, CPA, review CCH AnswerConnect. CCH AnswerConnect is backed by the trusted CCH editorial team of CPAs and tax law experts, and designed to deliver comprehensive answers and information as an all-in-one tax research tool. Use the video player below to watch, or the podcast player below to listen to the podcast. – Or use the below podcast player to listen: – Transcript (Note: There may be typos due to automated transcription errors.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
|
CPA Practice
AUGUST 30, 2024
By Hana Ikramuddin New Haven Register, Conn. (TNS) Aug. 29—FARMINGTON — An accountant pleaded guilty in Bridgeport Thursday to filing fraudulent tax returns for multiple years after failing to report $1.4 million in income, federal officials said. Mark Legowski, 60, a self-employed accountant who did work filing tax returns in Farmington, underreported gross receipts from 2015 to 2017 as part of an effort to reduce his income tax liability, according to a news release from the U.
Accounting Today
AUGUST 30, 2024
OSCPA makes 66th Hall of Fame induction; CohnReznick opens digital forensic lab; and more news from across the profession.
Randal DeHart
AUGUST 30, 2024
We often overlook the immense value that construction contractors bring to our communities. From building our homes and schools to developing infrastructure and commercial spaces, construction contractors like you play a vital role in shaping our world. Your contributions are undeniably essential, yet they often go unrecognized. This Labor Day weekend, it's time to shed light on your significant impact on our everyday lives.
Accounting Today
AUGUST 30, 2024
The Treasury Department directed the IRS not to use any additional Inflation Reduction Act funds to increase audits on small businesses or households earning less than $400,000.
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.
CPA Practice
AUGUST 30, 2024
The U.S. Department of Treasury, the Internal Revenue Service and the U.S. Department of Energy have received over 800 concept papers — project proposals — seeking a total of nearly $40 billion in tax credits, representing $200 billion in total project investments, for Round 2 of the Qualifying Advanced Energy Project Tax Credit (48C) Program. Of the nearly $40 billion, approximately $10.3 billion is from projects in designated energy communities census tracts.
Accounting Today
AUGUST 30, 2024
Olli Zeidler was one of 10 Deloitte professionals who competed at the 2024 Olympics and Paralympics.
Accounting Insight
AUGUST 30, 2024
It’s important to understand your payslip. Aside from showing your workplace salary payments, UK payslips cover a lot of useful information. If you are aware of everything that’s going on on your payslip, you can better plan your personal finances. Why is a payslip important? Payslips are important because they allow you to ensure you are being paid and taxed the right amount.
Accounting Today
AUGUST 30, 2024
Vice President Kamala Harris said she would unveil a proposal to provide a tax credit for new small businesses next week, as she visited a local gift and kitchen supply store in Georgia.
Advertisement
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.
Insightful Accountant
AUGUST 30, 2024
All of us at Insightful Accountant want to wish all of you, and your families a great Labor Day as we celebrate this day of recognizing all that the American 'working man and woman' have done for this great country, the United States of America.
Accounting Today
AUGUST 30, 2024
The U.S. has taken a first step toward a potential challenge of Canada's digital services tax on large foreign technology companies under the North American trade deal.
CPA Practice
AUGUST 30, 2024
Accounting and payroll software provider Patriot Software has released a new HR Center, which comes at no additional cost for its payroll and HR software customers. Powered by Miratech Mineral, a leader in HR compliance, the HR Center includes proactive federal, state, and local compliance monitoring and robust HR tools, resources, and templates, the company said in an Aug. 23 press release.
Accounting Today
AUGUST 30, 2024
In this installment of The Fundamentals, we asked firm leaders and tech experts the basics of selecting a tax research solution.
Advertisement
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.
CPA Practice
AUGUST 30, 2024
By Alex Tanzi Bloomberg News (TNS) The U.S. labor market is expected to grow by 0.4% a year through 2033, less than one-third of the pace in the preceding decade, according to new Bureau of Labor Statistics projections. The annual rate translates to 6.7 million additional jobs over the decade, or about 55,000 a month, the BLS said in a report published Thursday.
Cherry Bekaert
AUGUST 30, 2024
Cherry Bekaert offers corporate and strategic finance services to companies with financial planning and analysis (FP&A), financial operations and strategy, and data analytics needs. We provide a wide range of services focused on areas such as financial and operating model development, cash management, budgeting, forecasting long-term planning, operating expense (OpEx) benchmarking and much more.
Accounting Today
AUGUST 30, 2024
Transfer pricing, Pillar Two, GLAM and more are important considerations.
Cherry Bekaert
AUGUST 30, 2024
Contributor: Yani Diaz, Senior Manager Risk & Accounting Advisory What is Sarbanes-Oxley? The Sarbanes-Oxley (SOX) Act of 2002 is a federal law administered by the Securities and Exchange Commission (SEC) that requires public companies to meet certain criteria and standards regarding internal controls over financial reporting (ICFR). ICFR is a critical component of a company’s overall system of internal controls, and it is designed to prevent, detect and correct errors or fraud that co
Advertisement
Accounting firms must embrace digital transformation to stay competitive. From improving efficiency and client experience to ensuring data security, digital tools offer the edge needed in a digital-first world. Discover how Fincent can streamline your transition. The accounting industry faces a digital revolution. As technology reshapes business, firms must adapt or risk obsolescence.
Accounting Today
AUGUST 30, 2024
The IRS has received over 800 project proposals seeking over $40 billion in credits.
Accounting Today
AUGUST 30, 2024
As the presidential campaign heats up and with a hotly anticipated debate coming between Vice President Kamala Harris and former President Donald Trump, a tax expert is weighing in with his thoughts about the child tax credit and other proposals.
Expert insights. Personalized for you.
52 
Let's personalize your content