Nolan Accounting Center

SEPTEMBER 15, 2023

Most of the time, small business returns are not audited. In November 2021, the IRS announced that audits would increase by 50% in 2021. If you are audited, we will have all the paperwork that you need to get through it. Most of the time, audits are fairly routine. Never ignore an audit notice.

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Auditing Tax Accounting Accounting 92

Xero

SEPTEMBER 7, 2022

We shared the first phase of this new feature — employee records — and explained how it will help you identify, audit, and reconcile your clients’ payroll quickly and accurately. . Another compliance update we shared with advisors at Xerocon Sydney was one of our most highly requested features: payroll history.

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XERO Payroll General Ledger Bank Reconciliation 264

Accounting Today

DECEMBER 27, 2023

The residential landlord with thousands of properties across Germany has been under intense public scrutiny since October 2021.

Financial Reporting 150

Financial Reporting Auditing Accounting Accounting 150

Jetpack Workflow

FEBRUARY 5, 2025

Podcast Summary In this episode of Growing Your Firm, host David Cristello speaks with Michael Meihaus , the owner of Meihaus CPA , who transitioned from a decade in public accounting to launching his own firm focused exclusively on retirement plan audits.

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CPA Auditing Accounting Accounting 59

Blake Oliver

JANUARY 3, 2023

Audit is "completely irrelevant" and "useless." As you can tell from the clip above, Ron's not too impressed with the audit these days. Does that mean that 1/3 of audited financial statements shouldn't necessarily be relied upon? Are audits useless these days? That’s according to accounting thought leader, Ron Baker.

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Auditing Financial Statements Accounting Accounting 52

AvidXchange

MARCH 17, 2025

McKinsey reports that 82% performed a digital payment in 2022 up from 78% in 2021. Additionally, they ease report generation, tax compliance and auditing. In this piece, well address five trends impacting K-12 schools and share how automating financial operations can help so you can focus on educating your students.

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AP Financial Operations Financial Operations Accounts Payable 52

Nanonets

APRIL 24, 2024

Audit Bank Reconciliation Guide  Both internal and external accounting audits are essential parts of financial management as well as organizational risk management. A bank reconciliation audit is one such process that helps in identifying financial gaps or discrepancies. Looking out for a Reconciliation Software?

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Bank Reconciliation Auditing Reconciling General Ledger 52

Nanonets

AUGUST 1, 2023

Over the years, the auditing landscape has undergone remarkable transformations, and among the most significant advancements has been the advent of audit automation software solutions. Computer-Assisted Audit Tools and Techniques (CAATTs) have been available to auditors since the early 1990s. The situation has changed now.

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Auditing Collections MS Office Computation 40

Cloud Accounting Podcast

MARCH 8, 2024

Blake and David meet with Chris Vanover, President of CPAClub, about the recent $2 million PCAOB fine against Withum for poor audit quality on many 2021 SPAC audits. They examine Withum's 500% increase in audits with minimal staff growth, leading to overworked teams and partners working 100+ hour weeks.

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Auditing Accounting Accounting 69

Jetpack Workflow

NOVEMBER 7, 2024

He began his journey in the accounting world at prestigious firms such as Baker Tilly and Crowe, where he honed his skills in audit and consulting. With a career spanning several years in both public accounting and business development, Roman has amassed a wealth of experience that informs his current endeavors.

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Accounting Accounting CPA Financial Reporting 106

IMA's Count Me

OCTOBER 19, 2021

Our profession can review and "audit" these types of technologies to ensure that they provide those unbiased answers the same way we apply our bias reviews to financial forecast and analysis. Margaret: (08:08) That's interesting. That's where the management accountant can be of value.

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Management Accounting Auditing Accounting Accounting 40

Nanonets

AUGUST 1, 2023

The era of automation has brought about a revolution in various industries, and the audit sector is no exception. The integration of Artificial Intelligence (AI), cloud-based data storage solutions, and data analytics tools is set to transform the audit industry, reshaping the way accountants and auditors carry out their tasks.

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Auditing Data Entry Purchase Order Computation 40

Intuit

JUNE 23, 2023

Auditing Jobs Auditing involves examining financial statements of organizations to ensure accuracy and compliance with laws and regulations or improvements to processes and internal controls. To become an auditor, you typically need an accounting degree and may also need to obtain auditing certification.

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Accounting Accounting Bookkeeping QuickBooks 130

Blake Oliver

SEPTEMBER 24, 2024

They fined the company a record 441 million yuan ($62 million) for audit failures related to Evergrande—the most significant penalty ever for a Big Four accounting firm in China. In 2021, Evergrande defaulted on its debts and filed for bankruptcy in 2023. In 2021, Evergrande defaulted on its debts and filed for bankruptcy in 2023.

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Auditing Accounting Accounting 52

Blake Oliver

JANUARY 10, 2023

As discussed on Episode 312 of the Cloud Accounting Podcast , pilots blame former CEO Gary Kelly , who worked as an audit manager at Arthur Young before joining Southwest as a controller. Kelly was sitting at the controls of Southwest Airlines from 2004 to 2021. He rose from controller to CFO and then — you guessed it — CEO.

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Accounting Accounting Auditing 52

Billah and Associates

JANUARY 27, 2021

For individual taxpayers, income tax returns are due on April 30, 2021. The closing date to file your tax return is Tuesday, June 15, 2021, if you are self-employed. The audits and tax schedules are the most important to take care of. Company formation, business planning, loan applications, government audits, etc.

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Tax Corporation Tax Financial Statements Bookkeeping 52

Counto

JANUARY 10, 2024

Company records in Singapore can be kept either manually or electronically, provided they are readily auditable. For instance, if your business’s financial year concludes in December 2021 (covering January 1, 2021, to December 31, 2021), you should retain records until at least December 31, 2026.

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Record Keeping Tax Computation Invoicing 52

Cloud Accounting Podcast

OCTOBER 7, 2021

Today, we're talking about one good reason to get your CPA, along with a host of news from the accounting world, including PwC's new mandate that allows staff to work remotely forever (with a catch), how work-life balance improves audits, but not job satisfaction, and why going back to the office isn't so great when teams are hybrid.

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QuickBooks XERO CPA Auditing 40

Cloud Accounting Podcast

NOVEMBER 3, 2021

Full Transcript Available Upon Request - info@cloudaccountingpodcast.com We’re back from Scaling New Heights 2021 with lots of reviews, and interested tidbits for your ears, including how you can win your very own Tesla! We’ve got news from Gusto, Audit Sight, and Xero, as well. Also, in today’s episode, we’re looking at Rippling’s $6.5

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Accounting Accounting XERO CPA 40

Cloud Accounting Podcast

JUNE 11, 2021

Sponsors Odoo: [link] Client Hub: [link] Rewind: [link] Meet Liz LinkedIn: [link] Twitter: [link] Website: [link] Show Notes 1:12 – Meet our guest, Liz Mason, CEO and Founder of High Rock Accounting 2:46 – Is the Maricopa County election audit truly an audit? We'll also talk about the PCAOB house-cleaning efforts.

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XERO Accounting Accounting QuickBooks 40

Cloud Accounting Podcast

JANUARY 6, 2022

In the last recorded episode of 2021, we've got app updates from QuickBooks Online, and Intuit ProConnect Tax, numbers from Expensify, raises by LiveFlow, and much more. Hit the link below to get more info. Go here to create your classified ad: [link] Full Transcript Available Upon Request - info@cloudaccountingpodcast.com Happy New Year!

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QuickBooks Payroll CPA Tax 40

SSI Healthcare Rev Cycle Solutions

AUGUST 18, 2022

A Path Forward: SSI Solutions (Claims Reporting and Analytics, Denial Management, Audit Management). SSI AUDIT MANAGEMENT: Gain insight into the root cause of denials and maximize appeal recoveries. You will be able to move audit requests electronically to any department, scan, and attach any supporting documents.

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Revenue Cycle Revenue Cycle Management Auditing Billing 52

Atlassian

FEBRUARY 14, 2022

Cybercrime has dramatically increased during the pandemic, with businesses suffering 50% more cyberattack attempts per week in 2021 compared with 2020. access to audit and oversee capabilities to ensure they have the information they need to do their own risk assessments.

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Financial Services Auditing 74

CapActix

APRIL 13, 2023

CapActix Business Solutions Capctix is an ISO and GDPR-certified Offshore Staffing Company that helps businesses build their offshore dynamic teams that can cater to all your business requirements for Accounting Outsourcing , Tax Preparation Services , Audit Support Services , and many other services.

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Tax CPA Auditing Financial Analysis 52

Oversight

DECEMBER 22, 2021

While using internal controls and manual auditing is helpful, this is not a complete solution. com , Wiley, July 2009, [link] Accessed 9 December 2021. Steer The Future. 1 Work Cited: Goldmann, Peter. Anti-Fraud Risk and Control Workbook: Goldmann, Peter, Kaufman, Hilton: 9780470496534.”

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Financial Reporting Financial Statements Billing Auditing 52

AvidXchange

APRIL 18, 2023

McKinsey reports that 82% performed a digital payment in 2022 – up from 78% in 2021. Additionally, they ease report generation, tax compliance and auditing. In this piece, we’ll address five trends currently impacting K-12 schools and share how automating financial operations can help.

AP 52

AP Accounts Payable Accounts Payable Financial Operations 52

Nanonets

JULY 4, 2023

Hyperautomation was rated the number one technology trend for 2021 by Gartner, the IT research and advisory firm. Audit-readiness: Hyperautomation not only allows standardization of operations but also ensures maintenance of records of all stages of a business process, thereby creating an audit trail.

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Cloud Accounting Podcast

JUNE 16, 2019

16:12 — Trust begets opportunity for accountants in assurance | Accounting Today — Susan Coffey, executive vice president of the Association of International Certified Professional Accountants, says that analytics have the capacity to one day eliminate the need for human-verified audits. explored this question earlier this month.

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Nanonets

SEPTEMBER 21, 2023

Moreover, including the purchase order number on the invoice provides a transparent audit trail, allowing for easier tracking and reconciliation of financial records. Invoices also serve as important documentation for legal and auditing purposes.

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Purchase Order Invoicing Financial Records Record Keeping 52

TOA Global

FEBRUARY 7, 2023

The number of occupations experiencing shortages in Australia rose from 153 to 286 in a single year, 2021 to 2022. United States The 2021 financial reporting season saw corporate finance teams and their outside auditors having to deliver accurate financial statements to investors with fewer staff on hand. The US is facing $8.5

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Corporate Finance Financial Statements CPA Financial Reporting 52

Nanonets

MAY 31, 2023

million individuals in the United States fell victim to identity theft in 2021. In 2021, a staggering 323,972 internet users worldwide became victims of phishing attacks, indicating that half of the cybercrime victims fell prey to this method. According to the Federal Trade Commission, USA, over 1.4

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Data Entry Auditing Computation Purchase Order 52

NextProcess

JANUARY 19, 2023

3) Improve Reconciliation and Audits With NextProcess’s T&E system, complete transparency of reimbursement policy and processing makes for easier audits. Electronic expense reporting happens with audit requirements programmatically enforced.

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Expense Reports Collections Budgeting Auditing 52

Cloud Accounting Podcast

FEBRUARY 10, 2021

Thank you, Sean Birdsell! 55:18 - Taxpayers need clarity on coordination of ERC and PPP loans [link] Get in Touch Thanks for listening and for the great reviews!

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QuickBooks Tax AR XERO 40

Cloud Accounting Podcast

JANUARY 14, 2022

We've got updates on the Kronos ransomware attack, Theranos, and how its auditing firms failed to audit, and why California is nearing two decades of feet dragging at a cost of a cool billion dollars. link] 48:08 – Ted on Tech: Time for a home office update? All this, and much more, right now!

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Deposits Auditing QuickBooks Tax 40

Nanonets

JUNE 22, 2023

Compliance and audit readiness Reconciled invoices provide a solid foundation for compliance with regulatory requirements and internal audits. This helps them stay compliant with legal obligations and be well-prepared for external audits or reviews.

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AvidXchange

FEBRUARY 11, 2022

M&A forcing banks to reconsider AP processes, seek support Financial services was among the industries most impacted by corporate mergers and acquisitions in 2021. Many of the requests AP fields — from the FDIC, the state, internal compliance departments, and slews of others — relate to audit procedures and compliance issues.

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Financial Services Accounts Payable Accounts Payable AP 52

IMA's Count Me

FEBRUARY 6, 2022

The global pandemic in 2020 and 2021 has shifted how finance and accounting professionals work in a virtual environment. And even when you're talking about accuracy of data it does make me think of the auditor who is trying to audit all of your books and all of those things.

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