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Start with Robust Onboarding. Efficient online accounting services don’t take shape overnight. We usually describe it the same way as starting a new job—it starts with a 90-day probationary period. The difference is that an employee spends 90 days learning the ropes, whereas an accounting team uses the time to set you up for success.
Offering virtual CFO services requires a specific skill set to deliver effective and profitable results. In this podcast episode, I’ll discuss the five important skills you need to be successful. Listen Below. 0:44 – An effective virtual CFO service is valuable to your client, profitable to your firm, and can be delivered in a systematic manner. 1:15 – When you provide CFO services, you’re expected to deliver results and deliver an ROI. 1:46 – Clients need to see at
Excerpt of an article posted to the Memos by Heller House website on 7/27/22 In their book The Innovator’s Solution, Clayton Christensen and Michael Raynor cite the example of IBM as a cautionary tale against outsourcing activities that “might seem to be a non-core activity today” but that “might become an absolute critical competence to have mastered in a proprietary way in the future” IBM decided to outsource the microprocessor for its PC business to Intel, and it
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.
Calling all Acterys partners! It is time to unleash the Power BI wizard in you – wield your magic staff to build and showcase outstanding dashboards. Acterys is bringing you, the first of many to come, the Acterys Power BI App Contest. Use this opportunity to boast your skills and expertise in building stunning reporting and analytic solutions using Power BI.
We talk a lot about nexus and compliance processes in our content, but what about marketplace facilitators? In this blog we answer your top questions about marketplace facilitators. What is a marketplace facilitator? This is a business or organization that contracts with third-party businesses to sell goods and services on its platform and facilitates retail sales.?
Our careers and work are an integral part of our lives and even play a role in how we view ourselves and our identity. We spend, on average, 90,000 hours, Read More. The post 3 Ways Startups Can Cultivate Positive Mental Health in the Workplace appeared first on Burkland.
Calling all Acterys partners! It is time to unleash the Power BI wizard in you – wield your magic staff to build and showcase outstanding dashboards. Acterys is bringing you, the first of many to come, Acterys Hackathon. Use this opportunity to boast your skills and expertise in building stunning reporting and analytic solutions using Power BI. About Acterys Hackathon.
Holiday time already? In many states, sales tax holidays have been in full swing this year and will continue for months to come. Some of the deals are long-standing; others have been trotted out by lawmakers claiming to want to help constituents weather inflation. These holidays are limited times (frequently weekends) where a state allows sales tax to be eliminated or reduced on categories of consumer products.
According to the most up-to-date US Tax Code, all US-based business employers are required to file employment 941 / 940 Payroll Tax forms with the IRS every quarter and year-end at a prescribed date. These employment reporting forms goes along with all of the necessary payments that are made to the IRS throughout the year. When a Los Angeles, CA business employer runs afoul of the IRS, it is very important to know that it is serious and you should seek out professional help from a representation
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.
Sarbanes-Oxley was signed into law by President George W. Bush on July 30, 2002. The post Happy 20th Birthday, Sarbanes-Oxley! appeared first on Going Concern.
Yesterday there was a bruhaha over a politician’s misstep followed by a bungled apology. If you follow New York City politics, you likely know what I am referring to. If you do not, then the details and who said it are not important. What is important is that someone misspoke, and when confronted with it, she gave an apology that made it worse. Everyone makes mistakes.
Cryptocurrencies are on the rise, but many investors don’t understand the tax treatment and impacts of these digital currencies. If you’re already investing or looking into investment opportunities, now is the time to familiarize yourself with current tax reporting requirements and wash sale rules before they apply to cryptocurrencies. What is a Wash Sale?
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
Have you heard? There’s an accountant shortage! This is probably coming as a shock to you but it’s true. Firms are trying all sorts of tricks to find and retain talent but the problem may be deeper than not having the right set of perks but rather an actual shortage of qualified talent. This issue has been building since accounting graduate numbers peaked in 2015-16, seven years later we’re starting to see the effects of a shrinking pool of accountants.
In the post-pandemic world, remote working is here to stay. Arc Management's Tate Henshaw offers the three biggest things every firm should do to make it work.
After joining INSIDE Public Accounting (IPA)’s list of Top 100 firms at #100 in 2021, Anders jumped 11 spots in 2022 to #89. The IPA Top 100, 200, 300, 400 and 500 recognize the top U.S.-based accounting firms based on net revenues. This is IPA’s 32nd annual ranking of the largest accounting firms in the nation. Anders rose through the ranks of the Top 200 firms for many years and broke into the Top 100 list in 2021 with 2020 firm revenue of $43.5 million.
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.
Happy Monday! Here are your headlines. SOX turned 20 over the weekend. SEC Chair Gary Gensler had some things to say about Sarbanes-Oxley’s past, present, and future. Tim Ryan on leadership : “Too often, I find in corporate America, we go into the huddle where we agree on a pass play but not on what routes everybody is running,” he said in a recent interview. “My experience has taught me that one of the enemies of great teams is lack of clarity, on the part of our leaders
Withum is proud to share that Steve Martini , Partner in Withum’s Encino office, was named on San Fernando Valley Business Journal’s Top 200 List. The annual Top 200 list honors influential industry leaders in healthcare, government, real estate, finance, education, advisors and business. It focuses not only on each honoree’s title but on their involvement in the business community and greater California professional landscape, including their leadership in civic projects and social organization
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Hey. What’s up. Hi. Hello. Do you hate it when a colleague messages “hello” and then leaves you hanging while they type out the next thing they have to say? ME TOO. And we’re not alone. Instead of silently building resentment, send them this link. You don’t even have to say anything, just hit ’em with the nohello.net and let the website do the rest.
As you are on this page, we assume that you either live in the United Arab Emirates or are curious about the subject. In either case, you are in the right place. We cannot avoid paying taxes in our daily lives. We all pay taxes every day in one way or another. So, it’s important to keep up with the latest developments. In UAE, most of the goods and services are subject to Value Added Tax.
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!
Despite accounting firms changing their Twitter logos to rainbows for the month of June, a shocking number of LGBT accountants are straight up leaving the profession because they feel they don’t belong. This is very bad news considering how shallow the talent pool is to begin with. Thomson Reuters on IMA and CalCPA research : LGBTQ+ accountants’ high attrition rate — with one-in-five LGBTQ+ respondents in the US reporting they have left the profession due to a lack of DEI — is highlighted
ISL Online offers one of the most technologically advanced remote access solutions for businesses of almost any size and nearly any requirement. It offers remote tools techs will find beneficial.
In an email sent August 2, 2022 to much of the accountant community, Ted Callahan , Intuit's Accountant leader itemized out some changes to for the Desktop lineup beginning soon. We will comb through this email and offer our take on what this means to you as a desktop user or those who support QuickBooks Desktop Clients. Introduction. Our Take: We were made aware of impending changes to Desktop Pricing in May.
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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