Xero

SEPTEMBER 1, 2022

It offers an easy-to-access audit trail of changes made within Xero by a small business owner, advisor or app partner. The post Latest product news — September 2022 appeared first on Xero Blog. One of our most highly requested product updates is now live in Xero Payroll: payroll history.

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XERO Payroll Data Entry Tax 264

Accounting Today

APRIL 19, 2024

Seventeen percent of comment forms in 2021 and 2022 contained auditor evaluation deficiencies, according to the PCAOB.

Auditing 334

Auditing 334

Accounting Today

DECEMBER 16, 2024

The average audit fee increased to $3.01 million from 2022 to 2023, up from $2.83 million in the previous cycle, according to a new report.

Auditing 130

Auditing 130

Xero

JULY 26, 2022

Xerocon London 2022 boasted everything from inspirational keynotes, to major product announcements , and fantastic guest speakers. First, is to carry out sustainability audits. But, most importantly, it offered us an opportunity to come together and reconnect with our amazing community.

XERO 302

XERO Tax Bookkeeping Auditing 302

Xero

OCTOBER 31, 2022

We’ve added so much value to new invoicing that we’re going to make it the default invoicing experience for new Xero customers from 16 November 2022. New Xero customers will default to new invoicing. Don’t worry, classic invoicing is still available and everyone can continue to switch between classic and new at any time.

Invoicing 264

Invoicing XERO Auditing Tax 264

Accounting Today

OCTOBER 25, 2024

Williams, who began her first term in January 2022, will now helm the Public Company Accounting Oversight Board through Oct. 24, 2029.

Accounting 182

Accounting Accounting Auditing 182

Intuit

JANUARY 9, 2024

Intuit’s recently published TurboTax Tax Trends Report showed only 37% of single tax filers in the lowest income category received a refund in tax year 2022—down from 59% in the prior year. times more likely to be targeted by current IRS systems for an audit. So what are we doing about it?

Tax 246

Tax Auditing 246

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. In August 2022, the Inflation Reduction Act was passed, which included $80 billion in funding for the IRS, with approximately $45 billion of that going towards enforcement.

Auditing 92

Auditing Tax Accounting Accounting 92

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.

CPA 59

CPA Auditing Accounting Accounting 59

Future Firm

APRIL 4, 2022

Do you want to know how to start a bookkeeping business or accounting firm in 2022? You: Seeing as you say your books not be fully accurate, how would it make you feel if the government audited your books? These elements are crucial in 2022 if you want to know how to start a bookkeeping business. Let’s make this simple.

Bookkeeping 98

Bookkeeping Bookkeeping Services XERO QuickBooks 98

Xero

SEPTEMBER 8, 2022

Transactions that take place on a public blockchain are time-stamped and transparent, which creates a clear audit trail for all to see. Accountants would be able to see transactions in real time and verify records via a trusted audit trail.” . Time delays caused by trust intermediaries and process inefficiencies (i.e.

XERO 264

XERO Computation Collections Tax 264

AvidXchange

FEBRUARY 11, 2022

We’re taking a look at the current state of AP in banks and how key financial services industry trends are predicted to impact the way they manage their invoicing and payments to better serve their business in 2022 and beyond. In fact, $60 billion in deal activity is expected in 2022. What does it mean for AP departments?

Financial Services 52

Financial Services Accounts Payable Accounts Payable AP 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.

AP 52

AP Financial Operations Financial Operations Accounts Payable 52

Nanonets

AUGUST 1, 2023

Internal audits play a crucial role in assessing a company's internal controls, corporate governance, and accounting processes. These audits are essential for ensuring compliance with laws and regulations, as well as maintaining accurate and timely financial reporting and data collection.

Auditing 52

Auditing Data Entry Collections Financial Statements 52

AvidXchange

SEPTEMBER 1, 2021

Here are four tips for speeding up your 2022 budget process: 1. EVALUATE YOUR CURRENT PROCESSES TO IDENTIFY INEFFICIENCIES It’s crucial to ask these questions: When was the last time you audited your business processes? The process includes negotiating and securing all necessary buy-ins and approvals. Many companies take even longer.

Budgeting 52

Budgeting Data Entry AP Computation 52

Cloud Accounting Podcast

MARCH 22, 2023

Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] (00:00) - CAP 324 (00:17) - Preview: The job of a lawyer in setting up businesses (00:49) - Introduction and welcome Matt to the show (04:18) - What does a tax lawyer do? (25:28) We appreciate you!

Tax 75

Tax Auditing Accounting Accounting 75

RevCycle

SEPTEMBER 25, 2024

A study by Kodiak Solutions shows that the denial rate from initial RFI’s has increased by nearly 9% since 2022. The first five months of 2024 had $6B in claims delayed across more than 1900 hospitals, which when prorated over the year would be $14.4B, versus $11B in 2022.

Revenue Cycle 72

Revenue Cycle Revenue Cycle Management Data Entry Auditing 72

Counto

MAY 4, 2024

It was recently updated on 14 March 2022 to include features like auto-renewal submissions and an offline payment process, enhancing the overall user experience. Certification Audit and Ongoing Inspections Post-application submission and fee payment, a certification audit will be conducted at your premises by MUIS.

Corporation Tax 97

Corporation Tax Auditing Bookkeeping Computation 97

Intuit

JANUARY 19, 2024

A Certified Public Accountant is an accounting professional who performs tasks such as auditing books or analyzing financial statements. CPAs work closely with clients to review financial statements and perform audits to ensure compliance. What Is a CPA? First, you must have a bachelor’s degree and at least 150 credits of coursework.

CPA 130

CPA Bookkeeping QuickBooks Financial Statements 130

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.

Auditing 40

Auditing Collections MS Office Computation 40

Blake Oliver

NOVEMBER 8, 2024

If working on two clients at the same time isn't ethical, maybe EY should audit their timesheets and see who's double-dipping there. This CPE crackdown might be tied to EY's $100 million fine from the SEC in 2022 for employees cheating on ethics exams. You've got to hit those hourly billing minimums somehow. What do you think?

Auditing 52

Auditing Billing Accounting Accounting 52

Compleatable

JUNE 15, 2023

These steps are absolutely necessary; they’ll be reviewed during the annual audit and have to be correct for fiscal statutory returns. Amazon Business and Compleat announced the global launch of the ultimate online buying experience in February 2022 – Amazon Business Punch-In- and it’s causing quite a stir.

Invoicing 100

Invoicing Accounting Software Billing Purchase Order 100

Billah and Associates

JANUARY 27, 2021

Corporate tax return filings are due 6 months after the year-end For eg, a December 31, 2022 year-end would have a June 30, 2023, due date. Note Down These Important Dates for Corporate Income Tax 2023: RRSP Contribution Deadline : The deadline for contributions toward the 2022 tax year must be made before March 1, 2023.

Tax 52

Tax Corporation Tax Financial Statements Bookkeeping 52

Cloud Accounting Podcast

NOVEMBER 4, 2022

link] 29:46 – Matt Foreman on Twitter: "Tell me you’re taking incredibly aggressive tax positions that won’t withstand audit without saying you’re taking incredibly aggressive tax positions that won’t withstand audit. I’m looking at you @sweatystartup [link] 49:12 – How the FedNow(SM) Service will work [link] Federal Reserve Gov.

Auditing 52

Auditing CPA QuickBooks Tax 52

Nanonets

AUGUST 23, 2023

Lastly, this workflow makes it easier to create an audit trail, ensuring that your business remains compliant and maintains a clean record of all data processing activities. Compliance made easy: Nanonets creates automatic audit trails and ensures your documents are aligned with regulatory standards. in 2018 to 3.8

Data Entry 97

Data Entry Customer Service Purchase Order Auditing 97

Nanonets

MARCH 23, 2023

These roles will complement the tasks performed by cognitive technology and ensure the work of machines is effective, responsible, fair, transparent, and auditable. According to Ipsos and McKinsey , in 2022, 58% of Americans had the option to work from home at least once a week, and 38% were not required to work in the office regularly.

AR 105

AR Customer Service Data Entry Collections 105

SSI Healthcare Rev Cycle Solutions

AUGUST 18, 2022

August 17, 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. SSI Wins Oracle Cerner 2022 Collaboration Award. Infographic: Get Out of the Denial Danger Zone.

Revenue Cycle 52

Revenue Cycle Revenue Cycle Management Auditing Billing 52

Cloud Accounting Podcast

MAY 16, 2023

Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes KPMG pens deal with MindBridge to apply AI to digital audits | Accounting Today [link] We ran the CPA exam through ChatGPT and it failed miserably | Accounting Today [link] I Cloned Myself With AI.

CPA 52

CPA Auditing Tax Billing 52

Cloud Accounting Podcast

JANUARY 26, 2023

million bill that caused it to quit the cloud [link] Accountant must repay employer after software shows ‘time theft’ [link] George Clooney to Headline Expensicon 2023 [link] U.S. accounting watchdog faces lawsuit over its 'secretive. [link] TaxBit Announces Acquisition of Digital Asset Accounting Startup.

CPA 40

CPA Auditing QuickBooks Tax 40

Cloud Accounting Podcast

NOVEMBER 21, 2023

Billion Deal for Melio [link] Bill Holdings stock sinks amid report of $1.95B deal talks for Melio. Billion Deal for Melio [link] Bill Holdings stock sinks amid report of $1.95B deal talks for Melio.

QuickBooks 56

QuickBooks Billing Auditing CPA 56

Cloud Accounting Podcast

JANUARY 6, 2022

We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary.

QuickBooks 40

QuickBooks Payroll CPA Tax 40

Invoicera

FEBRUARY 5, 2024

A 2022 study by McKinsey & Company revealed that companies with effective cross-selling strategies experience a 15-25% increase in revenue. 81% of consumers crave more self-service options, as the 2022 Digital-First Customer Experience Report revealed. No more phone calls or emails about lost invoices!

Invoicing 52

Invoicing Invoice Processing Data Entry Billing 52

Cloud Accounting Podcast

NOVEMBER 25, 2022

link] 23:00 – Meet the Metaverse Nightclub–Loving Audit Firm That Presided Over FTX’s Financials [link] 35:29 – Imagine McDonald’s makes its own money [link] Get in Touch Thanks for listening and for the great reviews!

QuickBooks 40

QuickBooks Auditing Accounting Accounting 40

Analytix Finance & Accounting

JUNE 23, 2023

dollars in 2022. dollars in 2022, whereas corporate income taxes totaled 425 billion U.S. Reducing Errors : Late or rushed filing often leads to errors, which results in penalties, interest charges, and audits. The Cost of Missed Tax Benefits: According to a study by Statista , the total revenue of the U.S. trillion U.S.

Tax 52

Tax Payroll Auditing Accounting 52

NextProcess

JULY 20, 2023

According to the Association of Certified Fraud Examiners (ACFE)’s “ Occupational Fraud 2022: A Report to the Nations ,” organizations lose about 5% of their revenue to fraud every year. Internal audit (16%), management review (12%), and document examination (6%) are the next most common detection methods.

Expense Reports 52

Expense Reports Purchase Order Invoicing Budgeting 52

Cloud Accounting Podcast

AUGUST 16, 2023

18:45) - Smaller firms are the ones really impacted by this talent shortage (20:04) - PCAOB says 40 percent of 2022 audits are deficient (24:35) - What are the things younger accountants are really complaining about? (30:34) (13:28) - Are substantial equivalency and mobility really a roadblock? (18:45)

CPA 52

CPA Accounting Accounting Auditing 52

Atlassian

FEBRUARY 14, 2022

access to audit and oversee capabilities to ensure they have the information they need to do their own risk assessments. As we head into 2022, we’ll continue to double down on our commitment to bolster our security and compliance program in Cloud to ensure that our policies maintain the integrity of consumer data. Looking forward.

Financial Services 74

Financial Services Auditing 74