Sat.Nov 26, 2022 - Fri.Dec 02, 2022

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Here Is a Massive List of Accounting Salaries Broken Down By City

Going Concern

Came across this list from Smartest Dollar of “the best-paying American cities for accountants in 2022” on the Googs and thought it worth sharing because getting paid is the only reason many of you do this job. Before the salary data appears at that link there are several paragraphs about the Inflation Reduction Act that somehow relate to accountant salaries because Smartest Dollar, like everyone else on the planet, seems to believe accountant = tax, we’ll go ahead and skip rig

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Accountant Networking: The Best Places + 9 Tips

Ryan Lazanis

Accountant networking is a tried, tested, and true method to build connections, grow your business, and advance your career. In this article, you’ll find out why accountant networking is so important, where you can network plus 9 of the best tips to succeed. Let’s go! Table of Contents. What is Networking in Accounting? Why is Networking Important for Accountants?

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Accounts payable automation: the ultimate game changer for accounting firms

Accounting Insight

Accounts payable automation, also known as AP automation or invoicing automation, is the process of automating accounts payable processes and activities while collecting the critical data required to make smart decisions, improve efficiency, and grow your business. How can AP automation streamline your accounting firm’s processes? 1. IMPROVING AP EFFICIENCY BY ELIMINATING BOTTLENECKS IN THE AP PROCESS.

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Top Tips to Prepare for an eCommerce Audit

TaxConnex

*as previously posted on the Retailist – check out the article there - [link]. Data shows?that the likelihood of your business being audited is low, but that likelihood has been increasing in recent years. If you sell online across multiple states and have met economic thresholds or have a physical presence, you definitely don’t want to take that chance.

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Building a Business Case for Finance Automation

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

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Are You Ready For the BUSY SEASON FUN Calendar??

Going Concern

I have just been made aware of the existence of this Busy Season Fun calendar by way of the Journal of Accountancy podcast in which host Jeff Drew mentions “it’s about time for PCPS to publish their annual busy season fun calendar.” The what now? You can find it on this Private Companies Practice Section (PCPS) landing page. In.docx format.

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How to Use Self Service for a Seamless Accounting Experience

Lockstep

Accompls. Accounts receivable (AR) teams, today, are bombarded with emails all day, every day. On average, AR inboxes receive over 100 emails each day. And a good number of these are requests from customers to resend invoices or other key accounting documents. These requests are often “lower priority” than other emails, often falling to the end of the day, week, or longer before a response is sent.

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Form W-9 vs. W-4: What Are the Right Forms for Employees and Contractors?

Patriot Software

You must withhold the right amount of taxes on employee wages when paying employees. But what if you need to pay an independent contractor? To keep tax information straight between independent contractors and employees, you need to know the difference between Form W-9 vs. W-4. Read on for the scoop. What is the difference between […] READ MORE.

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Navigating the Risks of Slow Consolidated Financials

Intuitive Accountant

Reach Reporting's Justin Hatch explains why the timing of consolidated financial statements is important for all aspects of the business.

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What was new in October for state sales and use taxes

TaxConnex

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. Back to court. An Arizona business challenging Louisiana’s remote seller sales tax structure is appealing to the U.S. Court of Appeals after a federal judge bumped the company’s lawsuit. Halstead Bead , a small craft and jewelry wholesaler, has filed an appeal with the Fifth Circuit in the ongoing challenge to Louisiana’s sales tax system, which requires remote

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Getting Maximum Value from Your Fractional CFO

BurklandAssociates

Marc Zablatsky and Steven Lord share guidelines and tips to help your startup receive the most value from your fractional CFO investment. The post Getting Maximum Value from Your Fractional CFO appeared first on Burkland.

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Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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FTB Back Tax Representation – Get Help

MyIRSRelief

If you were to ask most Californians if they knew what the IRS does, most of them would know exactly what you were talking about. However, if you were to ask the same people if they knew what the California FTB does, I would guess a small number of them would know. The answer to the question of what the FTB does is? Is quite simple, they are tasked with collecting all of the income taxes assessed by the state of California.

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Accounting Firms Are Embarrassing Themselves on the Talent Dating Market

Going Concern

It’s December 2022 and we’re now a good year into “The Great Accounting Shortage,” the depth of which won’t truly be known until the fines start rolling in for p**s-poor audit work performed by skeleton crews. So, any day now. I’m sharing this r/accounting post so six months from now we can look back on it and fondly remember a time when it seemed desperate for partners to be out combing the LinkedIn meat market for talent leads.

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As tax season looms, staffing issues plague practitioners again

Accounting Today

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Pay Transparency: A Plan & Rollout Strategy Blueprint

BurklandAssociates

A step-by-step guide to help your startup build bands, audit, and roll out your scalable pay transparency program. The post Pay Transparency: A Plan & Rollout Strategy Blueprint appeared first on Burkland.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

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Ignition Council Set Transform Professional Services Interactions

Intuitive Accountant

The 16-member council of accounting industry leaders will inform Ignition’s strategic product direction, and accelerate technology adoption and upskilling programs.

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How Do Big 4 Consulting Internships Stack Up Against MBB?

Going Concern

McKinsey, Bain, and Boston Consulting Group —the Nos. 2, 1, and 3 best consulting firms to work for, respectively, in 2022, according to Vault and Firsthand—either have really crappy internship programs or didn ’t want to participate in Firsthand’s internship survey because MBB is not among the top 15 consulting firms that provide the best experiences for their young’uns.

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Get ready for increasing cybersecurity threats

Accounting Today

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Helping UK small businesses to reach net-zero with Ecologi

Xero

We’re excited to welcome Bristol-based climate tech start-up, Ecologi , to the Xero App Store to support service-based small businesses in the UK to track and reduce their impact on the environment. . It’s more important than ever for the business community to play its part in protecting our planet. During the recently concluded COP27, there was an increased call during the summit for stronger action on net-zero.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

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The MacGyver-esque Way for Transactions to Appear on a Customer’s Transaction List

Intuitive Accountant

Internationally renowned ProAdvisor Esther Friedberg Karp shares some insights on how she helped a client take care of a transaction issue in QuickBooks Online.

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EY Reports a Rise in Naughty Behavior Now That People Have Returned to the Office

Going Concern

EY Oceania has released its second Value Realised Scorecard — a wide-ranging report on how the firm is doing — and Daily Mail Australia immediately latched on to page 33: Workplace Incidents: DM’s salacious headline “ EY rocked by soaring number of sexual misconduct and bullying complaints as big four accounting firm workers return to the office after Covid and the tragic death of a female staffer who plunged from 10th floor balcony ” slightly exaggerates the situat

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Tech News: American Express launches B2B payments ecosystem

Accounting Today

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How to scale your business globally with Xero and Airwallex

Xero

Despite the current economic climate, running a global enterprise is still the goal of many small and medium businesses. Recent research by our partner Airwallex shows that 70% of UK SMEs plan to expand into foreign markets in 2023. Of those, 81% want to grow their business in Europe and North America, while 60% hope to scale in the Asian Pacific, Latin American, African and Middle Eastern markets. .

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Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

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Xero Updates North America: Fall/Winter 2022

Intuitive Accountant

Xero has made several notable updates to its product recently for the US and Canadian markets. Murph has summarized them for you.

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Carillion Liquidators Roast KPMG: “A Competent Auditor Would Have Detected the Misstatements”

Going Concern

The Carillion failure is still working its way through the courts and now KPMG is accused by Carillion’s liquidators of missing multiple red flags, the likes of which should not have been missed had KPMG had any clue what it is doing. So say the liquidators. WSJ : KPMG received £29 million from Carillion without qualifying its audit opinions over the course of 19 years, according to the liquidators.

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Comey and McCabe weren't targeted for tax audits, TIGTA finds

Accounting Today

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Highlights from this year’s Xero Australia Award celebrations

Xero

Last week, we celebrated our winning cohort of Xero Australia Award champions from FY22 and FY23. It was awesome to bring together 26 small business owners, advisors and app partners from across Australia to acknowledge their outstanding contributions to their local communities and the wider world of business. . So what did the winning experience involve?

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Profit in the Details: Rethinking Spend for Monumental Impact

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

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Will an SPD Posted on Our Company’s Intranet Satisfy ERISA’s Requirement That SPDs Be Delivered to Participants?

ThomsonReuters

QUESTION: We would like to post the SPD for our company’s health and welfare plan on the company intranet instead of delivering paper copies to participants. Would this delivery method satisfy ERISA? ANSWER: Yes, if certain requirements are met. ERISA requires that SPDs be delivered in a manner that is “reasonably calculated to ensure actual receipt.

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By the Numbers: The Accounting Firms That Received $635 Million in PPP Loans

Going Concern

Remember PPP loans? The Small Business Administration defines PPP as “an SBA-backed loan that helps businesses keep their workforce employed during the COVID-19 crisis.” Remember all the layoffs and pay cuts at accounting firms we were meticulously tracking in early 2020? Transparency group OpenTheBooks.com crunched the numbers using Small Business Administration data and found $635 million in forgiven PPP loans by 237 accounting firms, some of which also appear on the layoff list.

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The 2022 Top 100 People: The biggest issues in accounting

Accounting Today

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The Future of Early Childhood Education With Strong Starts for Success

Withum

Explore Other Episodes. #CivicWarriors #WithumImpact. The post The Future of Early Childhood Education With Strong Starts for Success appeared first on Withum.

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Navigating Bleisure Travel: A Guide for Mid-Sized Companies

Bleisure travel — where employees combine work and leisure — has been around since the advent of corporate travel and is here to stay. Successful bleisure policies strike a balance between employee preferences and company goals — workers report a 64% improvement in work-life balance, while companies benefit from reduced travel costs and increased workforce innovation.