Accounting Today
SEPTEMBER 25, 2024
Amid widespread adoption of traditional and generative forms of artificial intelligence, the looming question on the minds of many accountants is what diving deeper could mean.
inDinero Accounting
SEPTEMBER 21, 2024
Streamlining Nonprofit Financial Management To streamline financial management for your nonprofit, start by standardizing financial policies to guarantee consistency and transparency. Align budgeting with your organizational goals by engaging stakeholders and monitoring budget performance regularly. Conduct monthly and quarterly financial reviews to identify discrepancies and foster fiscal responsibility.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Accounting Today
SEPTEMBER 24, 2024
Five major trends and key takeaways from Bill's Accountant Partner Council.
CPA Practice
SEPTEMBER 23, 2024
In case this got buried in your inbox on Friday, the IRS said in an email to tax professionals that they could be randomly selected to participate in a voluntary survey to help the IRS improve services to practitioners and taxpayers. The IRS said, “Survey invitations will arrive by mail with phone follow-ups. This is not a scam. Please don’t hang up.
Speaker: Ashley Harlan, MBA
What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.
Accounting Today
SEPTEMBER 24, 2024
The sanctions against Accell, Crowe MacKay, EY Switzerland, Grant Thornton Canada and Halpern 7 Associates come following an ongoing enforcement sweep.
Accounting Today
SEPTEMBER 24, 2024
They're great for customers, but these annual events are not necessarily great for retailers.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
LSLCPAs
SEPTEMBER 24, 2024
LSL Webinar ‘Back to Basics | Grants from A-Z’ presented by LSL Senior Manager, Krystal Cabrera, CPA, and Supervisor Keili Gonzalez outlined how local government finance departments can navigate the complexities of grant reporting from A-Z. In case you missed it – as grant funding becomes a vital part of many organizations’ financial strategies, understanding.
CPA Practice
SEPTEMBER 25, 2024
A new report published Wednesday by the Association of Chartered Certified Accountants (ACCA) says accounting professionals are taking the lead in shaping artificial intelligence and data strategies across businesses. Based on interviews and a survey of more than 900 accounting leaders who are already using AI, the report, The Smart Alliance: Accounting Expertise Meets Machine Intelligence, found 56% of practitioners said they had an advisory role in adopting AI, and 20% said they were the str
Xero
SEPTEMBER 23, 2024
In this increasingly digital age, small businesses are becoming more and more vulnerable to the threat of cybercrime. In particular, there has been an increase in supply chain attacks targeting small businesses. Cybercriminals are constantly adapting their tactics and using AI to fuel their attacks. As technology advances, so does the risk to your sensitive data.
TaxConnex
SEPTEMBER 24, 2024
Wouldn’t it be great if you, a seller in multiple states, could get free sales tax calculation and reporting? Sure would – and that’s long been the draw for becoming a “volunteer seller” in Streamlined Sales Tax (SST) states. Does everyone qualify? And even if you do, how do you make sure to maintain no-cost sales tax calculation and reporting services?
Advertiser: Paycor
Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!
BurklandAssociates
SEPTEMBER 24, 2024
Outsourced CFO services provide firms with expert financial support, helping partners stay focused on smart investments and strategic growth. The post How Outsourced CFO Services Boost Financial Performance for Smaller Investment Firms appeared first on Burkland.
CPA Practice
SEPTEMBER 23, 2024
Come Oct. 1, the per diem rates used to calculate tax deductions for business travel expenses will be $319 for travel to high-cost locations and $225 for travel to low-cost areas, the IRS said on Friday. Each year the IRS announces special per diem rates taxpayers can use to substantiate the amount of expenses for lodging, meals, and incidental expenses when traveling away from home.
Going Concern
SEPTEMBER 21, 2024
As you may have seen, RSM US laid off a bunch of people yesterday — at least 460 to our knowledge. Accounting Today reported 5% of consulting was slashed, that seems more than the figure of 260 people we were told by a tipster (with another 200+ in audit). Safe to say times are tough. But are they? Are they really? Sure, demand for consulting services is down as businesses clench their buttholes in anticipation of a significant economic downturn — sphincters have been getting a worko
TaxConnex
SEPTEMBER 26, 2024
The exception certificate figures big in your sales tax toolbox. But that document isn’t going to do you much good if it’s out of date. A sales tax exemption certificate means you, the seller, don’t have to collect and remit sales tax on certain products and services and to certain clients (such as schools, hospitals or churches) in a state. Your buyer produces a valid exemption certificate that you keep on file.
Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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.
Acterys
SEPTEMBER 25, 2024
Budgeting, planning, and forecasting (BP&F) is so much more than producing reports and spreadsheets — it’s an essential part of the strategic decision-making process. That requires clear communication of complex financial data to decision makers across the organization, as well as seamless collaboration with cross-functional teams. Excel and Power BI are powerful, yet accessible tools to facilitate that communication, but even small mistakes with a dataset can become a major risk when integ
Accounting Today
SEPTEMBER 23, 2024
ADP announced the release of its new generative AI-based platform Lyric, touted as an all-in-one platform for payroll, service and other human capital management needs.
CPA Practice
SEPTEMBER 23, 2024
’Tis the season for staffing firms to release their salary prognostications for various accounting and finance roles for the upcoming year, and one of the first for 2025 comes from Atrium. The staffing and recruiting firm recently put out its 2025 Salary Guide , which includes a section for finance and accounting. Atrium said its team gathers salary and compensation data from the company’s own historical data and reputable third-party sources, conducts a comprehensive analysis of the employment
Going Concern
SEPTEMBER 26, 2024
This afternoon NASBA held a webinar on how to choose a CPA exam discipline and in case you couldn’t or refused to attend, I’ll have more on that later. For now, I wanted to share a tip from presenter Joe Maslott, PwC alum and Associate Director at the AICPA. TLDR: Don’t choose Tax Compliance and Planning (TCP) as your discipline just because of its high pass rate.
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.
CTP
SEPTEMBER 27, 2024
As property tax bills continue to rise, property owners are turning to us as tax professionals asking what they can possibly do to lower these costs. If someone owns an income-producing property, they may be especially dismayed to find that taxes are taking up a significant portion of that income—or they may have a newly-purchased property that is not yet making enough money to justify the hefty tax bill.
Accounting Today
SEPTEMBER 26, 2024
Beyond private equity lie a host of other acquirers and accounting firm structures — and not all of them will be good for the profession.
CPA Practice
SEPTEMBER 25, 2024
A new program designed to enhance the accounting talent pipeline by offering an “earn and learn” opportunity at the entry level was unveiled on Sept. 25 by the AICPA & CIMA, which collectively form the Association of International Certified Professional Accountants. In the new Registered Apprenticeship for Accounting and Finance Associate program, apprentices will work directly for the participating organization and receive foundational and operational levels of CGMA Finance Leadership Progr
Going Concern
SEPTEMBER 24, 2024
The AICPA, NASBA, and state boards make the CPA exam harder than it needs to be because they make more money off exam fees when you fail. That’s the (totally unconfirmed) tinfoil theory thrown out here by a user of r/CPA : Tinfoil hat – Personally feel like it’s a money grab, AICPA/NASBA/State Boards purposely don’t tell you what questions you got wrong and how they grade the tests so it’s not about application of what you know, it’s more about memorizing as much as you can while hop
Advertisement
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.
CTP
SEPTEMBER 24, 2024
Want information on residential property assessment appeals instead? Read here. Working with property owners can be a lucrative investment—both for your client and for you as a tax professional. To ensure that their income-producing property isn’t losing a huge chunk of its income to taxes, property owners need the support of someone who knows where the tax savings opportunities lie.
Accounting Today
SEPTEMBER 27, 2024
Third-party payers like payroll providers can now withdraw claims for individual clients.
CPA Practice
SEPTEMBER 25, 2024
The Financial Accounting Standards Board (FASB) released an exposure draft on Sept. 25 on a proposal that would clarify parts of its current guidance on hedge accounting and address several incremental hedge accounting issues arising from the global reference rate reform initiative. In 2017, the FASB issued Accounting Standards Update No. 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities , to “better portray the economic results of an entity
Going Concern
SEPTEMBER 23, 2024
KPMG has released their CEO Outlook report for 2024 [ PDF ] and we’ll be completely honest, we couldn’t care less about half of this crap. Economic outlook? Pfft. Generative AI? *jerking motion* Call us when companies are actually using it in earnest and not just telling survey takers they plan to invest in it. This bit though: 83 percent of the 1,345 CEOs surveyed expect a full return to office over the next three years, up from 64 percent in 2023.
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
Summit CPA
SEPTEMBER 26, 2024
With the Fed’s decision last week to drop interest rates, we’ve been getting a lot of questions about debt. Top of the list: “Is now a good time to take out a business loan or secure a new line of credit?
Accounting Today
SEPTEMBER 26, 2024
Accountants weigh in on which companies have cyber vulnerabilities, states with the highest tax collections per capita and other key metrics.
CPA Practice
SEPTEMBER 27, 2024
The IRS is opening a supplemental claim process to help payroll companies and third-party payers and their clients resolve incorrect claims for the Employee Retention Credit (ERC), the agency announced on Sept. 26. The move comes more than a month after the IRS announced it has once again opened the ERC voluntary disclosure program through Nov. 22. Businesses that incorrectly claimed and received the pandemic-era tax credit can voluntarily repay 85% of it back to the agency without having to pay
Going Concern
SEPTEMBER 23, 2024
Happy Monday! I’m here with some news to start your week, just like I do every Monday “morning” (this really gets published closer to noon). ICYMI: the weekend discussion was about firms acting like a s and making it that much more difficult to seduce the next generation of accountants to the profession. Shocking. The words “circling the drain” come to mind.
Advertisement
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.
Expert insights. Personalized for you.
126 
Let's personalize your content