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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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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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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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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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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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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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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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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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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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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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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Storage and Fulfillment Fees in Detail: How Much Do Amazon FBA Fees Cost?

Snyder

Selling products on Amazon FBA provides merchants with plenty of opportunities to streamline the way they do business by having Amazon handle storage and order fulfillment. However, these benefits come with a cost in the form of Amazon FBA fees. There are many types of fees that FBA sellers will incur. Knowing what to expect helps you plan future expenses while understanding how those fees are calculated can help you stay clear of additional fees or unplanned charges.

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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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Required Minimum Distributions | Canopy

Canopy Accounting

It’s no secret that the U.S. population is getting older. Today, there are more than 54 million adults aged 65 and older, but by 2030, that number is expected to rise to 74 million. While this trend will create a number of social issues, one thing we tax preparers know is; helping our clients deal with retirement accounts is going to become an increasingly large part of our practices.

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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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Mike Milan Dishes on the '5 Silent Cash Killers'

Intuitive Accountant

Truly Financial's Mike Milan, aka, 'Cash Flow Mike,' takes a deep dive into the factor interrupting the cash flow into your business. Jump over to the Insightful Accountant YouTube page to check out the interview.

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22 Shopify Tips and Tricks: How To Quickly Grow Your Online Store

Snyder

Shopify is one of the top commerce platforms that support sales made both online and in brick-and-mortar stores. Setting up an online Shopify store isn’t complicated , but with so many retailers and Shopify sellers, you really need to come up with ways to stand out. How do you get your product noticed? How do you continue steadily growing your business revenue?

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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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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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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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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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Omnichannel Retail Strategy: Create Your Own Omnichannel Strategy for E-commerce Business

Snyder

In the past few years, we’ve seen small businesses massively moving online. Social media has hugely contributed to this trend. Millions of companies have long and successfully used them as a means for marketing, brand recognition, and communication with customers. By providing businesses with easy-to-use and affordable e-commerce tools , it has helped establish online sales quickly and without additional investments.

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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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How To Prepare Your Small Business For The New Year

GrowthForceBlog

7 min read. It’s that time of the year…again! It’s hard to believe 2023 is right around the corner. Key Takeaways. Prepare Your Small Business for the New Year: The end of the calendar year requires that you complete your year-end financial reports such as a year-end income statement, balance sheet, and…. Assess and Improve Employee Engagement: Employee burnout, disengagement, and attrition rates are at an all-time high.

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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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Next phase of Xero’s platform growth will be driven by the community

Xero

A version of this blog was originally published as part of HubSpot’s ‘State of Partner Ops and Programs 2022’ report – you can read the full report here. . As we continue to grow as a global business platform, our partnerships are an invaluable part of how we support and provide #beautiful solutions to our customers. I was excited to be asked to participate in HubSpot’s ‘State of Partner Ops and Programs 2022’ report.

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How Qvinci Can Help Trusted Advisors Take Their SMB Clients 'Future Forward'

Intuitive Accountant

Murph shines some light on how Qvinci can help you be a better Trusted Advisor to your SMB clients when they are experiencing inflationary pressures.

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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.