Canopy Accounting
SEPTEMBER 7, 2022
You’ve got the employees, skills, and clients in place to run a great accounting practice. But even the best team fails to operate at its fullest potential if the right systems aren’t in place. Efficiency plays a crucial role in any successful business, and your practice is no exception. Take a look at these eight components of a well-managed accounting firm.
Going Concern
SEPTEMBER 7, 2022
We ’ve written about the Great Resignation ad nauseam over the past two years, but one topic we really haven ’t talked about is Great Resignation regrets, or the Great Regret. The grass hasn ’t been greener for many people who quit their jobs recently, like this senior associate: There ’s actually quite a few people in similar situations. The job-search portal Joblist surveyed 628 of the 47.4 million Americans who voluntarily quit their jobs last year, and of those 628 people, 26% say they regre
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Patriot Software
SEPTEMBER 8, 2022
If you’ve ever sent an invoice to someone who planned to pay later, you’re probably using accrual accounting. It can be hard to keep track of finances when you’ve accrued payables and liabilities. But, using the matching principle can help you stay organized. The matching principle in accounting states that you must report expenses in […] READ MORE.
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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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.
ThomsonReuters
SEPTEMBER 9, 2022
We all know accountants have a certain reputation for being methodical, organized, risk-averse, and some might even say, boring. But for those accountants who’ve answered the call to provide advisory services and being that valued business partner their clients need, the accounting profession can be one exciting ride. How are today’s forward-looking accountants are breaking down stereotypes and building successful careers?
Withum
SEPTEMBER 6, 2022
As technology and emerging growth companies experience success, they find themselves in a position where their revenue is not the only thing growing. With the transition beyond the startup phase to the next growth phase, there is an inevitable increase in transactional volume and complexity. What used to be a process where an excel schedule took a few hours a month, is now or has been quickly becoming outdated.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
AccountingDepartment
SEPTEMBER 8, 2022
Operating a business comes with many demands. Whether you are a smaller start-up or an established medium-sized business, many sides of the business need to be successfully addressed. Things like bill payments, employee management, and long-term growth are just some of these things that a business owner needs to have a handle on.
Canopy Accounting
SEPTEMBER 6, 2022
The key to success in any business is building lasting relationships with clients. But what happens when managing clients takes up a lot of your time and energy? The best way to nurture and grow your relationships with each client when you are strapped for time—especially during tax season—is to practice both efficient and effective client management.
SMBAccountant
SEPTEMBER 9, 2022
by Chris Poponak – SMB Government Compliance Analyst. According to Samson Haileyesus (smallbiztrends.com,) women entrepreneurs own nearly half of all business enterprises in the United States. These same businesswomen employ almost nine-and-a-half million workers, and they generate nearly two trillion dollars in revenue across all industries. Also, according to Haileyesus, “most women-owned firms are small businesses with the top employment industries being health care; accommodation and food se
TaxConnex
SEPTEMBER 8, 2022
Businesses who sell over the internet must pay a lot of attention to far-flung economic tax thresholds – all states with a state wide sales tax and more than a few localities enforce them now – so it’s easy to overlook a more-obvious tripwire like physical presence. The Sales Tax Institute claims that one of the biggest misconceptions in the wake of the Supreme Court’s Wayfair decision is tax-collection requirements triggered by physical nexus (aka “physical presence”) no longer apply.
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
VetCPA
SEPTEMBER 8, 2022
Small businesses make accounting errors and oversights regularly. Here, we cover five of the most common small business accounting mistakes. Read on to see if you’re making any of these mistakes and how to avoid them in the future. 1. You don’t take bookkeeping as seriously as you should. Recording everything is an excellent rule to follow for bookkeeping and accounting for a small business.
BurklandAssociates
SEPTEMBER 6, 2022
Healthcare startups need a CFO who understands the industry, knows the regulatory landscape, and can open doors with healthcare-focused capital sources. The post What to Look for in a Fractional CFO for a Healthcare Startup appeared first on Burkland.
Withum
SEPTEMBER 8, 2022
Audited financial statements are a cornerstone of the financial markets. They are used to assist in raising money or obtaining loans. Without some form of independent assurance, capital acquisition would be delayed, made more cumbersome, and there would be added due diligence costs. Tonight I will conduct my second Auditing class session of this semester at Fairleigh Dickinson University, and I will be teaching what the auditor’s opinion means and what auditors do to arrive at their opinion.
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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.
Going Concern
SEPTEMBER 8, 2022
If you thought the AICPA’s only job is gatekeeping the CPA exam and selling you insurance offers you are WRONG. They also write strongly-worded letters, sometimes on behalf of our nation’s CPAs or, as in the case of this latest letter, on behalf of American taxpayers. Let’s see what they’ve been up to. From the news release : The American Institute of CPAs (AICPA) submitted comments to the Department of the Treasury and the Internal Revenue Service (IRS) requesting update
Intuitive Accountant
SEPTEMBER 6, 2022
September 6, 2022 is the day Intuit's QuickBooks Accountant Leader Ted Callahan announced the release of the QuickBooks Desktop 2023 line-up to ProAdvisors and Accountants. Murph provides a summary of what's new.
Withum
SEPTEMBER 7, 2022
The IRS Form 5500 filing due date is fast approaching – are you prepared and in compliance? Listen in as Donna Nevolo , Partner and Employee Benefit Plan Services Market Leader, and Israel Tannenbaum , Partner and Form 5500 Filing Lead, review the 5500 filing and deep dive into the changes that plan administrators and employers should be mindful of.
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?
Xero
SEPTEMBER 8, 2022
When it comes to understanding practical opportunities for up and coming decentralised technologies like blockchain, cryptocurrencies and smart contracts – there’s a lot to take in. Add in the potential challenges that businesses might have incorporating these offerings in the future, it’s no surprise that there are more questions than answers among our community.
Going Concern
SEPTEMBER 6, 2022
via r/linkedinlunatics. That polar bear’s name? Albert Einstein. Related articles: We Get It Lady, You Work For Deloitte. What’s Up With Deloitters and the LinkedIn Cult Mentality? Everyone Knows 11-Year-Olds Can’t Wait to Work at Deloitte. The post Deloitte is Out Here Being Cringey on LinkedIn Again appeared first on Going Concern.
Withum
SEPTEMBER 9, 2022
Withum, a Great Place to Work Certified firm, is excited to share that it was named on Fortune ’ s Best Workplaces in Consulting & Professional Services list for 2022. Withum is #23 on Great Place to Work’s Best Workplaces in Consulting and Professional Services list. The announcement follows the Best Workplaces in New York list , on which Withum ranked in the #12 spot.
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!
Xero
SEPTEMBER 7, 2022
Any way you slice it, the past two years have tested us all. None more so than you all — our valued accounting and bookkeeping partners — who have helped your clients navigate a digital acceleration and shift their business models to survive (and thrive). . Today at Xerocon Sydney , we were able to celebrate what we can achieve when we work together to support small businesses across Australia and New Zealand.
Intuitive Accountant
SEPTEMBER 7, 2022
First in our QuickBooks Desktop 2023 feature dive is Cash Flow Hub—your one-stop location to explore, manage and track your cash flow at a glance.
Reckon
SEPTEMBER 9, 2022
Clint Jensen, co-owner of start-up 3D printing footwear business ‘3D Able’, talks to us about his new business venture and what it took for him and his business partner, Richard Nizielski to get their idea off the ground. Both Clint and Richard are former professional speed skaters with backgrounds in sports shoe design and manufacturing. In fact, they even made the skates that Stephen Bradbury wore in his infamous Olympic gold medal run.
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.
Xero
SEPTEMBER 8, 2022
Part of Xero’s approach to sustainability includes helping our partners, customers and other small businesses on their sustainability journey, by providing education and resources about how to operate in socially and environmentally responsible ways. We’ve heard from small businesses that they want to operate more sustainably, but many don’t know where to start.
Patriot Software
SEPTEMBER 9, 2022
As an employer, you are responsible for withholding various taxes from employees’ wages. After you subtract all of the taxes and other deductions, money left over is considered take-home pay. Read on to learn more about what is take-home pay and how to calculate it. What is take home pay? Take-home pay consists of the […] READ MORE.
ThomsonReuters
SEPTEMBER 8, 2022
QUESTION: One of our DCAP participants has submitted a reimbursement claim that includes a $20 “late fee.” This charge is in addition to the regular monthly day-care fee for the participant’s child and appears as a separate entry on the statement from the day-care center with no further explanation. Can we reimburse it? ANSWER: It depends on what the charge is for.
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