Mon.Sep 09, 2024

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IRS urged to take action on diversity in upper ranks

Accounting Today

The Internal Revenue Service is more diverse than many workplaces, but more can be done, especially in the upper echelons, according to a new report.

Tax 307
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How to write a bookkeeper resume: Examples and tips

Intuit

Table of Contents Bookkeeper resume sample template How to write a bookkeeping resume: What to include Resume writing best practices Update your resume to apply to bookkeeping jobs For bookkeeping roles and beyond, the job market is highly competitive these days. Chances are good you’ll be up against a sea of applicants for whatever jobs you apply to.

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Accounting Today calls for nominations for 2024 Top 100 People

Accounting Today

The annual list recognizes thought leaders, decision-makers, standard-setters and others who are shaping the future of the profession.

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How to Match Vendor Item Codes to Inventory in NetSuite: A Step-by-Step Automation Guide

Nanonets

Matching vendor item codes to your own inventory is an annoying (but necessary) task that often comes up in NetSuite - especially when you're working with standardized inventory that's available with multiple suppliers, or when your purchasing department is sourcing from multiple locations. When processing such vendor bills, the invoice coding stage becomes very manual and time-consuming; AP teams often end up having to call the vendor/check with purchasing, or make some assumptions th

AP 98
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From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

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Audit teams missed risks of material misstatement by banks

Accounting Today

The Public Company Accounting Oversight Board staff released a report Monday on last year's banking crisis.

Auditing 317
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Xero vs QuickBooks (2024 Comparison)

Ace Cloud Hosting

In today’s competitive environment, the right business accounting solution defines a company’s success. The accounting software you choose should not be used only to maintain books but must also be.

XERO 59

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AWS Billing Alerts vs AWS Budget: What’s the Difference?

Economize

Today, one in five organizations has 75% of its workloads running on cloud-based infrastructure. Cloud adaptation grows each day as organizations adopt new technologies and focus more on agility, scalability, and flexibility. As enterprises increasingly move their workload to the cloud, managing your cloud cost and keeping your cloud bills in check has become essential.

Billing 59
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SEC approves PCAOB quality control standard

Accounting Today

The SEC approved the PCAOB's QC 1000, which will require firms to identify risks to their practice and design quality control systems that can safeguard against those risks.

Auditing 204
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The Role of Cybersecurity Consultancy in Securing Remote Work Environments in Singapore

Counto

The Role of Cybersecurity Consultancy in Securing Remote Work Environments in Singapore As businesses in Singapore increasingly adopt remote and hybrid work models, ensuring robust cybersecurity measures has become a critical concern. This blog post explores how cybersecurity consultancy can address the unique challenges of securing remote work environments and why it is essential for small business owners in Singapore.

Tax 52
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Buy-sell agreements in focus with Court decision and TCJA expiration

Accounting Today

The handoff of a company carries important tax implications alongside a plethora of succession challenges. Here's what financial advisors need to talk about with clients.

Tax 200
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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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.

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Are You Still Thinking About the ProAdvisor Awards?

Insightful Accountant

In case you didn't know it, the 2025 ProAdvisor Awards are already underway. If you are a ProAdvisor, anywhere in the World, you can apply. You can also nominate a deserving ProAdvisor. learn more inside.

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FBAR penalties: 'Grossly disproportionate'

Accounting Today

The Eleventh Circuit splits with the First Circuit and reduces an FBAR penalty under the Constitution's Excessive Fines Clause.

Tax 247
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Future of QuickBooks Desktop - September's QB Talks

Insightful Accountant

Murph looks at the future of QuickBooks Desktop and Desktop alternatives from Intuit and Non-Intuit sources during this informative webinar being conducted this month as part of Insightful Accountant's Future Forward Event.

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All about ESOPs

Accounting Today

Michael Bannon explains which accounting firms might want to look into employee stock ownership plans — and why,

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Launching Your Employment Agency in Singapore: What You Need to Know

Counto

Launching Your Employment Agency in Singapore: What You Need to Know Starting an employment agency in Singapore offers a promising business opportunity, thanks to a dynamic job market and growing demand for skilled professionals. This guide provides essential insights into the importance of employment agencies, the requirements for starting one, and the benefits and challenges associated with this venture.

Tax 52
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An ESG backlash erupts in Europe on world's strictest rules

Accounting Today

Unlike the U.S., where the federal government can offer tax breaks, EU taxation rests with member states, leaving the bloc to work largely through loans and grants.

Tax 140
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Select vs Comprehensive Licenses for Singapore Employment Agencies

Counto

Select vs Comprehensive Licenses for Singapore Employment Agencies Choosing the right licence is crucial for employment agencies in Singapore to ensure compliance and effective operation. The Select Licence and the Comprehensive Licence cater to different recruitment needs and come with specific requirements. Here’s a concise comparison to help you decide which licence best suits your agency. 1.

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Nine Questions To Help Build Profitability Into Your Business Accounting

Reconciled Solutions

Do you want to build profitability into your business accounting? Let’s start with one question. Do you follow generally accepted accounting principles? GAAP tells the. The post Nine Questions To Help Build Profitability Into Your Business Accounting appeared first on Reconciled Solutions.

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Back to Basics with Reconciliations

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.

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How to Match Vendor Item Codes to Inventory in NetSuite: A Step-by-Step Automation Guide

Nanonets

It's a common AP challenge that you've probably seen before - when it comes to buying goods and services, no two people (or companies) will use the same language. While you can create uniform item codes and UPCs (Universal Product Codes) in your NetSuite environment, your vendors all have a mind of their own - and will rarely (if ever) follow the same terminology.

AP 52
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AWS Savings Plans: Your Ultimate Guide

finout

Cloud on-demand pricing gives you the flexibility to pay only for the resources you use and scale up or down as needed. It’s great for staying agile, but it can also lead to higher costs compared to other pricing models. To help manage these costs, AWS offers several discount plans like Reserved Instances (RIs) , Savings Plans, and Spot Instances. For example, Savings Plans can give you cost predictability while still allowing some flexibility in how you use your resources, and Spot Instances ca

FinOps 52
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Compliance Is Essential When Offering A 401(k) Plan

Insightful Accountant

Offering a retirement plan is a great way for clients to show their employees they care about their future and want to compensate them well.

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What’s new in Xero – September 2024

Xero

It’s been a huge three months: we’ve hosted Xerocons in both London and Nashville, and have been hard at work delivering numerous product updates, many inspired by your ideas, requests, and feedback. In last month’s edition we shared how we’re making it easier for you to navigate and tab through fields in invoicing , and in July we rolled out the ability to toggle payment methods on and off in your payment settings without leaving Xero.

XERO 199
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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

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

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Murph’s Live from SuiteWorld 2024

Insightful Accountant

Murph is ‘on the scene in Vegas’ for the 2024 editions of SuiteWorld and OracleWorld. Here’s his preliminary report.

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Harris vows to end subminimum wages in policy push before debate

Accounting Today

She also reiterated a call to end taxes on tips for service and hospitality workers, a proposal Trump made first.

Tax 306
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Oracle NetSuite announces new AI capabilities across the Suite

Insightful Accountant

Major AI announcements made during opening keynote at todays SuiteWorld.

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Streamlined Payments with Helcim & Xero with Joanna Wynn

Insightful Accountant

In this episode of the Xerocon Accounting Insiders Podcast, host Gary DeHart interviews Joanna Winn from Helcim, a leading payments processor in Canada and the U.S.

XERO 52
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Solve Your Firm's Automation Complexities Once and For All

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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A Proposal for Corporate Tax Cuts

Insightful Accountant

Former President Trump has proposed a significant change to corporate taxation, targeting domestic manufacturing. Speaking at an Economic Club of New York event on Sept. 5, 2024, Trump outlined a plan to reduce the corporate tax rate from 21% to 15%.