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Climate reporting legislation: What it means for small businesses and accountants

Xero

The requirements for small businesses and their accountants are due to be phased in over 2026 and 2027. Xero partner Sumday provides accountants with an easy-to-use tool for measuring and reporting emissions to an auditable standard. In the end, it’s just maths. There’s something for everyone.

XERO 230
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Auditing Standards Board proposes 5-year plan

Accounting Today

The American Institute of CPAs' Auditing Standards Board is looking for feedback on its proposed strategic plan for 2026-30.

Auditing 147
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Remote Work Going Away or Here to Stay?

Cloud Accounting Podcast

Moving on, they take a look at recent audit failures, particularly the FTX case and discuss the controversial Beneficial Ownership Information reporting requirements and some potential issues for small businesses. Will Be Empty by 2026 [link] Big Banks are Taking Hits from Commercial Real Estate [link] Need CPE?

CPA 53
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Stay Tax-Savvy: Regional Invoicing Rules Explained

Invoicera

Moreover, proper invoicing practices are highly crucial during tax audits. Discrepancies can trigger further scrutiny, penalties, or audits, which will only cost your business dearly. It’s a high necessity for financial auditing, legal verification, and historical analysis. That includes paper, electronic, or both versions.

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5 Ways to Use Travel and Expense Data Strategically

NextProcess

trillion dollar mark” in the middle of 2026. 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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Record Keeping Requirements for New Businesses in Singapore

Counto

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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B2B Payment Trends in 2024 and Beyond 

AvidXchange

billion in 2026, quadrupling from 2022. According to The Federal Reserve , at launch in July 2023, 35 financial institutions were participating in the FedNow Service Network. Customizable approval hierarchies and audit trails help AP teams retain control over their processes. As of May 2024, that number had ballooned to 758.

AP 52