Predictive analytics will transform accounting
Accounting Today
MARCH 25, 2025
By helping accountants to predict results and make informed, proactive decisions, the rise of predictive analytics improves traditional accounting tasks.
Accounting Today
MARCH 25, 2025
By helping accountants to predict results and make informed, proactive decisions, the rise of predictive analytics improves traditional accounting tasks.
Basis 365
MARCH 23, 2025
The way businesses handle their finances is evolving. Managing accounting in-house is expensive, time-consuming, and often inefficient. Hiring full-time staff, maintaining software, and ensuring compliance take valuable resources away from growth. Outsourced accounting services offer a smarter approach. By leveraging cloud-based technology and expert financial support, businesses can reduce costs, improve accuracy, and gain real-time financial insights.
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ThomsonReuters
MARCH 26, 2025
Businesses continue to face serious cyber threats that target payroll and tax information. As scams become more common, it is important for companies to protect sensitive data and stay compliant with regulations to better secure their payroll processes and reduce risks. Cliff Steinhauer, Director of Information Security and Engagement at The National Cybersecurity Alliance (NCA), recently highlighted the importance of recognizing common payroll-related tax scams, understanding the evolution of d
Wendy Tietz
MARCH 23, 2025
AI is transforming how we workand our students need to be ready to use AI in their future careers. As educators, we have a responsibility to help them understand how to use tools like ChatGPT responsibly and effectively.
Speaker: Claire Grosjean
Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.
Basis 365
MARCH 25, 2025
The month-end close process is a critical accounting procedure that ensures the accuracy of financial statements, providing a snapshot of your business's financial health. While many business owners rely on these reports to make informed decisions, few understand the extensive effort required to produce them. This blog walks you through the steps involved in the month-end close and explains why each step is vital for reliable financial reporting.
AccountingDepartment
MARCH 26, 2025
Financial reporting has long been a fundamental component of successful business management. It serves as the blueprint for decision-making, reveals opportunities, and identifies risks. Yet, in a rapidly changing economic environment, depending only on monthly or quarterly financial statements is gradually becoming outdated.
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RogerRossmeisl
MARCH 23, 2025
If an individual taxpayer has substantial business losses, unfavorable federal income tax rules can potentially come into play. Heres what you need to know as you assess your 2024 tax situation. Disallowance rule The tax rules can get complicated if your business or rental activity throws off a tax loss and many do during the early years. First, the passive activity loss (PAL) rules may apply if you arent very involved in the business or if its a rental activity.
Going Concern
MARCH 26, 2025
Saw this on the bird app yesterday and thought its message would be worth passing along what with 20 days remaining until April 15 and nerves as strained as ever around here. We need to do a better job at pushing healthy boundaries in our profession. Third time this week someone has called the office looking for an accountant because their current one has either passed away or is in critical condition in the hospital. — Albert J.
Accounting Insight
MARCH 26, 2025
The rise of cloud computing has transformed how businesses operate, offering scalability, flexibility, and innovation at an unprecedented pace. However, for finance leaders, this shift presents a challenge: how to manage unpredictable cloud costs while ensuring financial discipline and strategic investment. Enter FinOps (Financial Operations) a cloud financial management discipline that helps businesses maximise the value of their cloud investments.
SkagitCountyTaxServices
MARCH 26, 2025
The nations collective basketball-related madness has begun. (Thanks to tax season, my team and I have been feeling the madness for a while now. So welcome to the party). How is your bracket faring? Because I love statistics, heres one for you: So far in March Madness history, only one person has ever had an absolutely flawless bracket through the Sweet 16.
Speaker: David Worrell, CFO, Author & Speaker
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
RogerRossmeisl
MARCH 23, 2025
If youre getting ready to file your 2024 tax return and your tax bill is higher than youd like, there may still be a chance to lower it. If youre eligible, you can make a deductible contribution to a traditional IRA until this years April 15 filing deadline and benefit from the tax savings on your 2024 return. Whos eligible? You can make a deductible contribution to a traditional IRA if: You (and your spouse) arent an active participant in an employer-sponsored retirement plan, or You (or your s
BurklandAssociates
MARCH 25, 2025
Scaling a startup is exciting, but the wrong tools will slow you down. An ERP system automates tasks, centralizes data, and boosts efficiency for smarter growth. The post 5 Reasons Growing Startups Need an ERP System appeared first on Burkland.
Withum
MARCH 25, 2025
Advertising and marketing firms operate in a fast-paced, ever-changing environment where creativity, strategy and client relationships drive success. However, behind the scenes, these firms often face challenges with financial management, resource allocation and performance analysis. Without addressing these critical areas, issues like cash flow gaps and unclear project profitability can hinder a firm’s ability to scale and succeed in a competitive market.
Shay CPA
MARCH 26, 2025
Deciding to close down operations at a company you founded is never easy. This venture represents a lot of time, energy, and money. Shutting it down can feel like a major loss. At the same time, though, it might come with some measure of relief. By the time youre deciding to close up shop, youve probably had some difficult months or even years. Youve felt your runway slipping away and you might be, in some ways, ready to end this chapter.
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.
RogerRossmeisl
MARCH 23, 2025
Retirement is often viewed as an opportunity to travel, spend time with family or simply enjoy the fruits of a long career. Yet the transition may bring a tangle of tax considerations. Planning carefully can help you minimize tax bills. Below are four steps to take if youre approaching retirement, along with the tax implications. 1. Consider your post-career lifestyle Begin by assessing what retirement might look like for you.
Basis 365
MARCH 23, 2025
The way businesses handle their finances is evolving. Managing accounting in-house is expensive, time-consuming, and often inefficient. Hiring full-time staff, maintaining software, and ensuring compliance take valuable resources away from growth. Outsourced accounting services offer a smarter approach. By leveraging cloud-based technology and expert financial support, businesses can reduce costs, improve accuracy, and gain real-time financial insights.
Withum
MARCH 24, 2025
If the development of a real estate property is executed without any complications, the project will begin operations and be placed in service post-production. However, what if unexpected situations delay construction? There may not be material costs, but if a project is funded with loans, interest will continue to accrue. This article takes a closer look at the tax treatment of interest expense during prolonged real estate development.
CTP
MARCH 24, 2025
When you hear about the Tax Cuts and Jobs Act (TCJA), typically people are speculating about the future of the tax laws that expire this year. What we hear less about are the tax provisions that were made permanentand that could be beneficial to your business. For instance, when you established your business, you selected a method of accounting. If you have a C corporation or a larger business, that decision may have been made for you, since most of these entities are required to use the accrual
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
RogerRossmeisl
MARCH 23, 2025
The Child Tax Credit (CTC) has long been a valuable tax break for families with qualifying children. Whether youre new to claiming the credit or youve benefited from it for years, its crucial to stay current on its rules and potential changes. As we approach the expiration of certain provisions within the Tax Cuts and Jobs Act (TCJA) at the end of 2025, heres what you need to know about the CTC for 2024, 2025 and beyond.
Accounting Today
MARCH 24, 2025
With tax season underway, here are the filing statistics, updated weekly.
Accounting Insight
MARCH 26, 2025
BGL Corporate Solutions (BGL), a leader in company compliance solutions, has announced an enhanced integration of its company secretarial software, CAS 360, with Xero Practice Manager. This development introduces a more seamless two-way integration, enabling professional firms to manage their practice efficiently with a single firm database. The integration simplifies the management of company, trust, and individual client/contact data across both platforms, eliminating manual and duplicate data
CPA Practice
MARCH 25, 2025
The new framework offers chief information security officers and chief security officers a detailed risk assessment and control review of the necessary components of a comprehensive digital executive protection program.
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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.
RogerRossmeisl
MARCH 23, 2025
A business interests value is more than just a number to its owner. It represents years of hard work, sacrifice and investment. Owners often believe they have a clear understanding of their companys worth. But emotions and optimism about future earnings can cloud their perception. Lets look at psychological factors that may affect owners value perceptions and why the numbers might tell a different story.
Accounting Today
MARCH 27, 2025
In an era dominated by private equity and merger mania, firms that want to stand alone have to make that a conscious and continual choice.
Insightful Accountant
MARCH 27, 2025
Voting for the ProAdvisor Awards closes on Tuesday April 1. If you haven't voted for the 2025 ProAdvisor Awards now is the time to cast your ballot for both U.S. and International candidates.
CPA Practice
MARCH 26, 2025
Revenue generated by Hawaiis gas taxes is declining because more Hawaiians are driving electric and hybrid vehicles. The RUC isdesigned to providefair, long-term, sustainable funding for Hawaiis roads, according to the Department of Transportation.
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?
RogerRossmeisl
MARCH 23, 2025
Preventing financial losses from occupational fraud requires your company to remain vigilant. In a nutshell: Trust employees, but routinely verify they arent stealing. This includes salespeople who, if theyre unethical, could falsify sales commission records to illicitly line their own pockets. Because its sometimes impossible to spot crooks in your midst, be aware of potential sales commission fraud schemes and how best to detect and prevent them.
Accounting Today
MARCH 24, 2025
The interim final rule removes the requirement under the Corporate Transparency Act for U.S. companies and people to report beneficial ownership information.
Withum
MARCH 25, 2025
Explore Other Episodes The post Understanding ASU 2023-08 and Fair Valuing Your Digital Assets appeared first on Withum.
CPA Practice
MARCH 26, 2025
Extends solution enables what Visa defines as emerging middle-market companies to manage spending with the power of virtual cards to increase controls, fight fraud, and close their books faster.
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!
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