Sat.Jul 23, 2022 - Fri.Jul 29, 2022

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Your Favorite Accountants in Pop Culture | Canopy

Canopy Accounting

Have you ever wondered how the rest of the world views your job? Entertainment can sometimes give us a peek through that window. Usually, when we want to plug into TV or movies, it’s to escape our daily lives. But, sometimes, it can be fun to watch shows about our lives, especially our work lives! There’s shows about doctors, lawyers, IT teams, journalists, government officials and a myriad of other professions.

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7 Indicators It's Time to Switch Sales Tax Compliance Providers

TaxConnex

Partnerships, just like your sales tax obligations, evolve over time. Sales tax is not a set it and forget it task, so if you’ve handed things off and aren’t sure how things are going, it may be time for a check-up with your provider. By examining a handful of operational indicators, you can assess whether your provider is still the right fit for your business.

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Reduce SaaS Churn – Strategic Tips for Startups

BurklandAssociates

Reduce SaaS churn by fostering a culture that listens to customers and puts their needs at the center. Here are some specific tips to help. The post Reduce SaaS Churn – Strategic Tips for Startups appeared first on Burkland.

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How Independent Contractors Can Help Drive Business Growth

Intuitive Accountant

In today's changing workplace, many organizations are looking to complement their full-time staff with independent contractors to grow their business. WorkMarket's Bridget Quinn Kirchner explains how it works.

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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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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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EY helping clients cope with recession fears amid rising inflation

Accounting Today

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Sales Tax Risk Mitigation: Your need-to-know guide

TaxConnex

Failure to comply with the applicable sales tax rules can have a devastating effect on a business, but they’re often overlooked because they’re considered “pass-through” as the business is responsible for collecting the applicable taxes which pass through the business and are subsequently turned over or paid to the states. While these pass-through taxes are not meant to create a financial burden on a business, failure to comply can create significant risk.

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Letter to the Editor: Small Firms Are Suffering in This Market, Does Anyone Care?

Going Concern

We received the following from a small firm owner who is suffering under the weight of talent shortages, massive workloads, and hoards of would-be clients shopping around because their accountant (rightly) raised their fees. What’s a small firm to do? I have a small firm in [redacted]. I have been reading constantly about how the large firms are merging, paying more for top talent, taking people away from other firms, etc. due to the natures of the current accounting marketplace.

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Boomer’s Blueprint: A trusted business advisor’s guide to the Four Cs

Accounting Today

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Five things we learned from the Xerocon London breakout sessions

Xero

Xerocon London 2022 boasted everything from inspirational keynotes, to major product announcements , and fantastic guest speakers. But, most importantly, it offered us an opportunity to come together and reconnect with our amazing community. It’s time to take a breath and reflect on an awesome event. . With this in mind, we’ll take a look back and share some of our key learnings from the Xerocon London breakout sessions. .

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My Cotton Mill Work Ethic

Intuitive Accountant

Insightful Accountant Top 100 ProAdvisor Susan Pruskin explains how some valuable lessons from her upbringing are still helping her succeed today.

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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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Monday Morning Accounting News Brief: EY Sucks at Auditing; Accounting Headaches; KPMG Partner Banned | 7.25.22

Going Concern

Some headlines to get you started on this fine Monday: KPMG partner banned from accounting after misleading regulator over Carillion. KPMG fined £14.4 million after the firm admitted to providing false and misleading information to its regulator during spot checks on audits of construction firm Carillion and outsourcing firm Regenersis. The spread of ESG labels into the $55 trillion market for short-term debt is creating new accounting challenges for those keeping track of how much good green fi

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New sustainability rules attacked for protecting profits over planet

Accounting Today

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How we’re improving employee and off payroll workers profiles in UK Payroll

Xero

If you’ve set up an off-payroll worker in UK Payroll, you might have noticed that it looks different from employee setup. To provide you with the best possible experience and deliver a more consistent look and feel across our platform, we’re rolling out an updated design of employee profiles in a few weeks’ tim e. . This is all part of our work to upgrade the technology that underpins our platform , so we can build new features faster than ever before.

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Libraries Are More Than Just Books

Withum

I just attended a meeting at my local public library and coincidentally just finished reading a book about a library. Neither is what you might think it would be about. The Personal Librarian by Marie Benedict and Victoria Cristopher Murray was about the establishment of The Morgan Library, which is a major museum in the heart of Manhattan. It started out as the private library of J.P.

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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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PwC’s Summer Break Works, Says Tim Ryan

Going Concern

From a recent CNBC article on company-wide vacation breaks to foster employee well-being : Feeling revitalized is what many employees and their employers both want. Starting this year, accounting and consulting firm PwC is giving its 60,000 U.S. employees two annual company-wide, week-long breaks — one in July and one in December — in addition to vacation time.

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IRS sent incorrect balance due notices to couples

Accounting Today

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Xero partners with Lewes FC to help women thrive on and off the pitch

Xero

We believe, as Lewes FC do, that for women’s football to thrive, the financial viability of clubs at all levels is essential. Put simply, we believe that better numbers off the pitch will deliver better numbers on it. Today we’re incredibly excited to announce a three year partnership between Lewes FC and Xero to help the club on its mission to drive greater equality in the women’s game.

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Red Alert: Beware of Data Thieves

Intuitive Accountant

News coming from the recent special Security Summit series warns tax professionals to beware of evolving email, cloud-based schemes to steal taxpayer data. Check out the story on Tax Practice News.

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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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The PCAOB Hasn’t Done a Lot With Audit Standards in the Last 20 Years But They’re Getting Around to It Now

Going Concern

From remarks delivered yesterday by PCAOB Chair Erica Y. Williams at a virtual event hosted by Council on Institutional Investors (CII) on the 20th anniversary of Sarbanes-Oxley and the establishment of the PCAOB: When the PCAOB was first getting off the ground in 2003, it adopted existing standards that had been set by the auditing profession on what was intended to be an interim basis.

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No innocent spouse relief for payroll taxes

Accounting Today

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A New Zealand Xero Awards winner shares why entering is definitely worth it

Xero

It’s time for the 2022 New Zealand Xero Awards, celebrating the accountants, bookkeepers, app partners and integrators who help Kiwi small businesses flourish. If you’ve been thinking of entering , you’ll love reading what Michael Parker, director of Crux Advice & Accounting has to say. Last year the Crux team won the Small Accounting Partner of the Year Award and they were also a finalist for the People’s Choice Award.

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GoTo Resolve – A Remote Support Software Synopsis

Intuitive Accountant

LogMeIn is now GoTo. And while I once used LogMeIn Rescue, I thought I'd cover GoTo Resolve, which may be a little more appropriate for the majority of our readers.

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New Software & You: Elevating Your Tech Stack

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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Someone Thought Taking on a Full-Time Second Job at a Big 4 Firm Would Be Low Stress

Going Concern

Have you heard of overemployment? I really shouldn’t be talking about it but since I’m not in the club, screw it. The concept is: work multiple jobs at the same time, putting in just enough effort so you remain employed but not so much that you’re working too hard despite juggling several “full-time” jobs at once. The key is not to be lazy but rather precisely meet expectations, not exceed them.

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IRS warns tax pros of identity theft phishing scams

Accounting Today

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Tax Guide for Small Businesses: How Much Should You Save for Taxes?

MazumaBusinessAccounting

Running a small business has its pros and cons. It can be incredibly freeing to be your own boss, but doing your own self-employment taxes? That can be intimidating. All businesses need to pay annual taxes. If your small business expects to owe more than $1,000 in federal taxes, you’ll also need to pay quarterly taxes. There are several ways to calculate how much (and when) you need to pay.

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QBO Monday Minute: Your Mid-year Accountant Tips

Intuitive Accountant

Don't look now, but we have moved past the mid-year point. To help stay on top of your game, Liz Scott is offering 5 nuggets you can put into place right now.

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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

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A Senior Partner Who Has Probably Been Burned Out Since 1997 Gives Tips on Avoiding Burnout

Going Concern

Why do I feel like this screenshot is going to end up on r/thanksimcured ? via r/accounting. Now this may be blasphemy to say this around these parts but he’s mostly right. Exercise? Hell yeah, great for you. Healthy eating? Also great for you, those takeout dinners can really take a toll on your health. Passion projects? Super important to find fulfillment in the otherwise boring and meaningless modern human existence. #3 though. #3. #3 great sounds good on paper — or rather, typed

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Blockchain CEO pleads guilty in crypto fraud scheme

Accounting Today

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"Bank Letter Required" Message Opening QuickBooks Desktop

SchoolofBookkeeping

Nothing like waking up to a fire alarm, right?? Today when opening QB desktop, we were greeted with the above screenshot. Every company we opened gave the same message, even the ones that didn't have QB Payments. Googling the phone number didn't give much confidence. I called the number and it is indeed Intuit, but they were having higher than normal call volume.

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TeamViewer – A Remote Support Software Synopsis

Intuitive Accountant

While the 'free' version of TeamViewer may be one of the best known remote software apps by Insightful Accountant readers, there is plenty to know about the features in the paid version.

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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.