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.
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!
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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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.
Snyder
SEPTEMBER 9, 2022
Shopify dropshipping is a popular e-commerce business model that allows anyone to sell physical products without having to own any stock. It’s ideal for entrepreneurs who are looking to start a Shopify store with limited capital, want to test a product before investing in it, or for those who don’t have the space or know how to run a physical store.
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.
Going Concern
SEPTEMBER 8, 2022
This morning turned out to be a pretty big Big 4 news day. First, we had EY ’s top brass approving splitting its auditing and consulting businesses (no surprise here). Then we had Deloitte announcing its global revenue for 2022 —and it’s a record amount (no surprise here either). The Green Dot pulled in $59.3 billion in revenue for the financial year ending May 31, an 18.1% increase over 2021 ’s haul of $50.2 billion.
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.
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
Xero
SEPTEMBER 8, 2022
A person’s career path doesn’t necessarily travel in a straight line. There can be twists, turns and unexpected junctures in which you find yourself enamoured with a field you never considered before. This was the case for Marykate McAndrew, founder of DS Business Support. Here, Marykate tells us about her journey from hair salon owner to founding her own bookkeeping business, and how Xero is helping DS Business Support best serve its clients.
Withum
SEPTEMBER 6, 2022
Withum is excited to share that INSIDE Public Accounting (IPA) has not only named the Firm on their Annual Best of the Best List but has also named Withum as an IPA 100 Fastest-Growing All Growth Firm and an IPA 100 Fastest-Growing Organic Growth Firm. IPA named Withum the Top 22 nd Firm, which is once again up in the rankings from previous years, marking Withum’s highest spot yet. .
Intuitive Accountant
SEPTEMBER 9, 2022
If you have QuickBooks Desktop 2023 with Assisted Payroll, get Guideline 401(k) for your business and employees. Easy and affordable, it does all the plan administration and compliance work for you.
Inform Accounting
SEPTEMBER 5, 2022
If you use Royal Mail to deliver your goods, you should be aware of the planned industrial action that is due to take place on: Thursday 8 September. Friday 9 September. Royal Mail's services will be affected by delays to mail posted the day before, during, or in the days after any strike action. Royal Mail has contingency plans, but they cannot fully replace the daily efforts of its frontline workforce.
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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.
Going Concern
SEPTEMBER 9, 2022
Supply and Demand. New York First in Projected Growth of Auditor and Accountant Jobs: Weekly Stat [ CFO ] Projections on four position categories — accountants and auditors; credit analysts; financial managers; and financial and investment analysts, financial risk specialists, financial specialists, and all others — reveal that despite a global shift in workflow and flexibility, the most populated and economically productive states continue to lead the way in hosting tomorrow’s financial support
Dent Moses
SEPTEMBER 6, 2022
Parents are accustomed to making decisions for their children but at age 19 (Alabama), your ability to make decisions for you child changes. While unmarried adult children may be perfectly capable of making their own decisions, the consider the following circumstances: Your 24-year-old son working in another city is injured in an accident and unable to make healthcare or financial decisions.
Patriot Software
SEPTEMBER 7, 2022
Did you employ workers at your small business this year? When you have employees, you need to handle employment taxes, like federal unemployment (FUTA) taxes. For each employee you have, you must pay a percentage of their wages for federal unemployment taxes, deposit the tax with the IRS, and report your tax liability on Form […] READ MORE.
Basis 365
SEPTEMBER 5, 2022
Small and medium-sized companies who want to cut overheads without sacrificing efficiency are increasingly choosing outsourcing accounting. Understanding the differences between in-house and outsourced accounting is essential if you are starting a business or just studying accounting. Both methods of accounting operations have the same scope, but each one is unique in how they are structured.
Speaker: Mark Stovel
When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.
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