Sat.Jul 30, 2022 - Fri.Aug 05, 2022

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How to Get the Most Out of Your Online Accounting Firm

IgniteSpot

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.

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5 Skills Required to Deliver Effective Virtual CFO Services

Ryan Lazanis

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

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IRS warns preparers on signs of data theft

Accounting Today

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Attention OEMs: The Age of “Catalog Engineering” is Over

RogerRossmeisl

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

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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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Acterys Power BI App Contest: The Dashboard Challenge Begins!

Acterys

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.

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Marketplace facilitators: Your latest Q. and A.

TaxConnex

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.?

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More Trending

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3 Ways Startups Can Cultivate Positive Mental Health in the Workplace

BurklandAssociates

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.

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Acterys Hackathon: The Power BI Dashboard Contest Begins!

Acterys

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.

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Sales tax holidays for the rest of the year

TaxConnex

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.

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Unpaid payroll taxes Help – Los Angeles, CA local representation firm

MyIRSRelief

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

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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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Happy 20th Birthday, Sarbanes-Oxley!

Going Concern

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.

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How to prepare for potential climate change disclosure requirements

Accounting Today

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Mistakes Happen

Withum

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.

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Wash Sale Rules and Cryptocurrency Tax Planning for 2022

Anders CPA

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?

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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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Don’t Be Surprised to See Accounting Firms Aggressively Merging in the Next Year or Two

Going Concern

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.

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Taxpayer advocate appeals IRS decision to delay scanning tech

Accounting Today

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Managing Remote Teams

Intuitive Accountant

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.

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Anders Jumps 11 Spots to #89 on IPA Top 100 Firms for 2022

Anders CPA

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.

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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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Monday Morning Accounting News Brief: EY Exploitation; Ethics Training Sucks; Stick Around in Public? | 8.1.22

Going Concern

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

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Intuit sounds alarm on QuickBooks phishing

Accounting Today

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QBO Monday Minute: QuickBooks Early Pay Feature

Intuitive Accountant

Liz Scott shows us how this latest feature offers employees instant access to their money before payday.

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Steve Martini Named Top Advisor in San Fernando Valley Business Journal List

Withum

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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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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Why You Need to Stop Typing ‘Hello’ in Chat Immediately

Going Concern

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.

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The CAS/bookkeeping opportunity

Accounting Today

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Cloud-based Accounting Solution Hits Real Estate Industry

Intuitive Accountant

How new Sage Intacct capabilities are improving the efficiency of property billing and management workflows. Sage's Dan Miller explains.

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How to avoid VAT penalties in UAE?

Simple Accounts

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.

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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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The Accounting Profession is Scaring Away Gay People (and Lesbians, and Transgender People, and…)

Going Concern

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

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More companies looking for assurance on sustainability from accountants

Accounting Today

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ISL Online – A Remote Support Software Synopsis

Intuitive Accountant

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.

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QuickBooks Desktop Pricing Changes for 2023

SchoolofBookkeeping

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.

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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.