Tue.Dec 03, 2024

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By the numbers: IRS Direct File, the growing tax gap and more

Accounting Today

The latest data on the growth of the IRS's Direct File program, how many corporate tax pros believe generative AI is beneficial in accounting, and other key metrics.

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It's Giving Tuesday at AccountingDepartment.com

Accounting Department

Join AccountingDepartment.com in supporting the research, funding and treatment for rare diseases and Alternating Hemiplegia of Childhood.

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Time to double down on DEI

Accounting Today

Accounting leaders say the profession is largely vigilant amid the broader corporate backlash against diversity, equity and inclusion.

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What is a Ghost Card and Does Your Company Need One? 

AvidXchange

Many businesses are leveraging ghost cards to simplify payments, reduce fraud risk, and streamline expense management. But what e xactly is a ghost card, how does it work, and how can you determine if your business needs one? Read on for all the details. Talk to an Expert About Using Ghost Cards in Your Business What Is a Ghost Card? A ghost card, sometimes called a virtual credit card (VCC) or tokenized card, is a digital version of a credit or debit card.

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Forecasting Failures Are Costly: Here's How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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IRIS Software to acquire Dext

Accounting Today

IRIS Software Group announced its intention to acquire bookkeeping and accounting solutions provider Dext.

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Your Accounts Payable Audit Guide

oAppsNet

Accounts payable (AP) is an essential part of any business. It involves managing vendor invoice payments and ensuring your company’s financial health. However, without proper oversight, the accounts payable process can be vulnerable to errors, fraud, and inefficiencies. This is where an accounts payable audit becomes crucial. An AP audit ensures that your company’s payment processes are accurate, compliant, and efficient.

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What Are Dupes? Business Risks & Opportunities Explained

Fit Small Business

“Dupes” is shortened slang for “duplicates,” as they are duplicates of authentic branded products. Dupes are a prevalent trend on social media, with influencers posting on platforms like TikTok about how to find dupes for specific products. While dupes used to have a negative connotation, about a third of US consumers1 have intentionally purchased dupe.

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PCAOB revokes firm registration, bars partner for violations

Accounting Today

The Public Company Accounting Oversight Board posted a disciplinary order sanctioning Weinstein International CPA and its sole partner for audit and quality control failures.

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13 Tasks To Include In Your Monthly Bookkeeping Checklist

Future Firm

If you want your monthly bookkeeping checklist to be efficient and accurate, here are 13 tasks to include—with tips to make them easier. The post 13 Tasks To Include In Your Monthly Bookkeeping Checklist appeared first on Future Firm.

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Transform year-ends into an organizational asset

Accounting Today

The fiscal year-end brings a cycle of intense workloads that can extend into the new year, as accountants and auditors work to close the books.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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Sage Intacct Release 4 offers New Enhancements and Capabilities for SMB Growth

Insightful Accountant

Sage Intacct Release 4 brings AI-driven Sage Copilot and productivity tools to enhance decision-making and efficiency.

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Small firms aren't off the DEI hook

Accounting Today

What small accounting firms can do to move the needle on diversity, equity and inclusion.

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US SMBs Leading the AI Charge According to Sage Report

Insightful Accountant

American small and medium-sized businesses (SMBs) are at the forefront of the AI revolution, outpacing their global counterparts in adoption rates.

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Tax Strategy: A syndicated conservation easement update

Accounting Today

The long efforts to put in place the enforcement mechanisms to attack syndicated conservation easements appear to at last be finalized.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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The Total Guide to ERP Integration: Systems, Processes & Solutions

Tipalti

What is ERP integration and why use it? Discover the types, risks, benefits, and how to choose the best ERP integration for your business.

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Small businesses saw modest growth in jobs and pay in November

Accounting Today

Small business jobs growth remained steady in November, while workers' wages grew only slightly, payroll provider Paychex reported.

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PayPal Alternatives – UK

Tipalti

Explore the best PayPal alternatives for UK organisations in 2024. Discover top payment solutions tailored to your business needs, from global transfers to automation.

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M&A roundup: SolomonEdwards, LGA and BGA&F expand

Accounting Today

SolomonEdwards acquires Steele Consulting; LGA merges in McGaunn & Schwadron CPAs; and Barsz Gowie Amon & Fultz adds William E. Howe & Co.

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How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?

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What Is Rideshare Insurance? Coverage, Cost & Benefits

Fit Small Business

You’ve just picked up your first passenger and are taking them to the airport. Instead of focusing on the road, your attention is diverted to your passenger when you’ve run a red light and hit another car. In these situations, rideshare insurance is a standalone policy or endorsement on your personal auto policy that provides. The post What Is Rideshare Insurance?

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FASB proposes ASU on credit losses, contract assets

Accounting Today

The Financial Accounting Standards Board is seeking comments on a practical expedient and an accounting policy election for stakeholders.

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Diversity, Equity, and Inclusion (DEI) Calendar for 2025

Fit Small Business

One of the key concepts of diversity, equity, and inclusion is to provide awareness to employees about the celebrations of other cultures. By using our DEI calendar, you will have access to a large list of national and DEI holidays that focus on diverse groups, cultures, and religions. To help you keep track of monthly. The post Diversity, Equity, and Inclusion (DEI) Calendar for 2025 appeared first on Fit Small Business.

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UBS faces French criminal trial for harassing whistleblowers

Accounting Today

A French unit of the Swiss lender is accused of sidelining and slashing the bonus of a former auditor who was penning a report on potentially unlawful behavior.

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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.

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In the blogs: Grappling ahead

Accounting Today

On the path to 600; know your VAT; the overseer of marketing; and other highlights from our favorite tax bloggers.

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