Thu.Jan 11, 2024

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Upgrading Your Traditional Bookkeeping with FP&A

Accounting Department

Every savvy business leader knows the value of having a well-run bookkeeping or accounting department. However, not everyone is aware of how important it is today to have a financial planning and analysis (FP&A) team to help back their business with effective and accurate financials.

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AI in Accounts Payable: Can a Computer Do My Job? 

AvidXchange

If you’re worried that artificial intelligence (AI) may make your job obsolete, you’re not alone. A recent Forbes Advisor survey found that 77% of consumers are concerned that AI will cause human job loss in the near term. Experts have identified many use cases for AI in accounts payable (AP) and other finance and accounting functions, noting that the technology is particularly well-suited to these data-centric departments.

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How to Change Your Payroll Provider 

Counto

How to Change Your Payroll Provider End of the pay cycle often brings stress to business owners, who are tasked with running accurate payroll. Despite spending hours on payroll processing, many still encounter errors. That’s why many businesses opt for professional payroll services in Singapore. In this guide, we’ll explore the reasons to switch payroll solutions, what to expect from them, the associated costs, and a comprehensive checklist to ensure a seamless transition.

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20 states that burden individuals the least

Accounting Today

The seven states that impose the least on residents have an individual income tax burden of 0.00%.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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Making Electronic Payments with NetSuite & AP Automation

MineralTree

Embracing electronic payments is necessary for businesses seeking to enhance efficiency, reduce manual errors, and improve financial control. However, accounts payable (AP) automation can make electronic payments in ERP systems , like Netsuite, much easier. AP automation technology enables streamlined and error-free payment processing while maximizing the potential of NetSuite electronic payments and accelerating ROI.

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Illinois CPAs spot numerous issues with accountant retention

Accounting Today

Salary, burnout and work-life balance are among the factors affecting retention of accountants, according to a report from the Illinois CPA Society.

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IRS to begin accepting business tax returns next week

Accounting Today

The official start date of tax season for individual taxpayers will be on Jan. 29, but the Internal Revenue Service plans to accept business tax returns as soon as Jan. 16.

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How Can You Independently Track Multiple Income Streams?

Invoicera

Introduction Are you trying to manage several income sources and finding it tough to keep everything in check? It’s like handling many moving parts—it can get tricky and overwhelming. Nowadays, it’s pretty common to have more than one source of income. Studies show that about 45% of working Americans are hustling on the side, and experts think this trend will keep growing.

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Congress nears deal on $70B tax break for businesses, children

Accounting Today

U.S. congressional negotiators are nearing a bipartisan deal to renew expired business tax breaks and boost the child tax credit in time for many voters to receive the benefit during the current election year.

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Understanding the CPF Changes in Singapore from Jan 1

Counto

Understanding the CPF Changes in Singapore from 1 Jan 2024 Singapore’s Central Provident Fund (CPF) is an integral part of the nation’s social security system, designed to provide financial security for citizens during their retirement years. Recent CPF changes , announced in the Singapore Budget 2023, will have a significant impact on both employees and employers.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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SEC approves Bitcoin spot exchanges

Accounting Today

The Securities and Exchange Commission has approved several new Bitcoin-based exchange traded products, despite skepticism of the asset and its value, following an appeals court decision.

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Lisa McCarthy on Mastering Advisory Services and Cloud Migration Strategies

Insightful Accountant

Gary DeHart and Lisa McCarthy discuss the opportunities available to firms for growing an advisory services practice and how they are positioned to fill the role of advisor.

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Secure the future by transforming your firm's business model

Accounting Today

Is a legacy firm one that follows tradition, or one that's interested in maintaining its legacy for years to come?

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Ben Richmond on the Impact of Cash Flow on Small Businesses

Insightful Accountant

Gary sits down with Ben Richmond, Country Manager, US at Xero, to delve into the recent report on the profound impact of cash flow on small businesses.

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Building a Business Case for Finance Automation

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

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Tax Fraud Blotter: Good people

Accounting Today

Not so amusing; in the rough; interior designs; and other highlights of recent tax cases.

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Can’t Miss Conferences of 2024

Insightful Accountant

Start planning your conference season now and make sure you don't miss out on the best events of the year, despite tax season distractions.

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Harvard, MIT tax status probed by Congress over antisemitism

Accounting Today

The failure of the leaders of the Ivy League universities to condemn antisemitism could affect their tax-exempt status, the chairman of the House Ways and Means Committee said.

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Murph on Intuit's Announcements at QuickBooks Connect 2023

Insightful Accountant

Join William Murphy, Sr. Technical Editor of Insightful Accountant, in this special episode of the Accounting Insiders Podcast as he shares top takeaways from QuickBooks Connect 2023!

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Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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Prager Metis adds Goldsmith Molis & Gray

Accounting Today

The Top 60 Firm is expanding its footprint in North Carolina.

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Tax Season Survival Guide

Insightful Accountant

Get unconventional tips to make tax season less painful and more productive. Avoid burnout with this out-of-the-box survival guide.

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Setting Up an Offshore Company in Singapore

Counto

Setting Up an Offshore Company in Singapore Are you considering setting up an offshore company in Singapore? Offshore companies, often incorporated in jurisdictions different from their principal place of operation, offer numerous advantages, including tax benefits, simplified reporting requirements, and more. In this useful guide, we’ll walk you through the process of establishing a Singapore offshore company, highlighting the key benefits and requirements.

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QB Talks February - App Neighborhood Watch | Webinar Archives

Insightful Accountant

In February 2023's QB Talks, Kelly and Kristen will be talking about the apps you might want to check out to help with next year's year-end

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

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Singapore Employment Pass: Get to Know the New Requirements in 2024

Counto

Singapore Employment Pass: Get to Know the New Requirements in 2024 The Employment Pass (EP) in Singapore is not just a work visa; it’s a gateway to personal and professional growth in one of Asia’s most dynamic business hubs. However, recent changes in regulations have significantly impacted access to the EP and its salary requirements.

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Tax Practice News: Don't Screw Up Your S Corps | Webinar Archives

Insightful Accountant

Form 7203 compliance could be an easily overlooked form this tax season. Not all tax software or all preparers are aware of the form’s filing requirements or when they need to be prepared. Discover more in this webinar replay!

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Guide to Filing Financial Statements for Business Owners in Singapore

Counto

Guide to Filing Financial Statements for Business Owners in Singapore Filing financial statements is a crucial annual requirement for businesses in Singapore. The Accounting and Corporate Regulatory Authority ( ACRA ) mandates this process to ensure transparency, accountability, and compliance with the Singapore Financial Reporting Standards (SFRS).

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Tax Practice News - New IRS WISP Requirements | Webinar Archives

Insightful Accountant

A WISP (Written Information Security Plan) is required for tax and accounting professionals. Lucky for you, Christine Gervais did a webinar on this topic a few months ago and we’re bringing it back around for your viewing.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

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A Quick Guide to Payroll for New Businesses in Singapore

Counto

A Quick Guide to Payroll for New Businesses in Singapore Introduction: Navigating Singapore’s intricate payroll regulations can be a daunting task, especially for small and medium-sized enterprises (SMEs) that make up the majority of the country’s businesses. The consequences of payroll errors can be severe, making it essential for employers to understand and comply with the regulations.

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Creating a Future-Focused Secure Firm | Webinar Archives

Insightful Accountant

Accountants can enhance their firm's security without being IT specialists. By creating a security partnership with Swizznet, they can share resources and expertise to protect against cyber threats and data breaches during tax season wrap-up.

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Enhanced Accounting Workflows: A Comprehensive Look at QuickBooks API Integration

Nanonets

Introduction For decades, accountants have relied on various software tools, with classics like Excel playing a role in accounting operations. However, in today's competitive business environment, simplistic solutions fall short of scalability and efficiency.  The imperative solution is the automation of the entire accounting workflow.   As part of the broader area of process automation, accounting workflow automation tools like QuickBooks are gaining traction among companies and

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The Outsourcing Advantage for Accounting Firms: BUILD, SCALE and THRIVE | Webinar Archives

Insightful Accountant

Overcome growth and profitability challenges with outsourced accounting Pacific Accounting and Business Services invites you to a power packed Webinar: The Outsourcing Advantage for Accounting Firms: BUILD, SCALE and THRIVE.

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Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.