Mon.Aug 26, 2024

article thumbnail

BF Borgers prosecuted in Canada over audit work

Accounting Today

An Ontario court placed the firm and owner Ben Borgers on probation for two years for unlicensed, unregistered audit work, and ordered both to pay fines.

Auditing 278
article thumbnail

Introducing Xero Mentor Match, a mentoring program for accounting and bookkeeping partners

Xero

It’s no secret the accounting and bookkeeping industry has been battling a critical talent shortage for some time. In fact, we’ve conducted new research that reveals almost two-thirds of employing practices (65%) have experienced challenges with finding and keeping the right staff in recent years. Our report, Reshaping accounting and bookkeeping: Image, talent and the way forward , suggests this talent problem is, in part, due to an image problem, with most accountants and bookkeepers (81%) agre

XERO 215
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How many millionaires? Tax returns by income group for 2024

Accounting Today

Millionaires only accounted for 0.22% of total returns filed this year for the 2023 tax season.

Tax 330
article thumbnail

What is document classification?

Nanonets

In our hunter-gatherer days, we had to classify objects and beings as food, foe, or friend, for survival. Today our need for classification is less for conservation and more for clarity.  In this era of information overload, document classification is of considerable importance for the efficient management and use of information and knowledge.   In this article, we will look at the types of document classification and how ML techniques are being increasingly used for this purpose.

article thumbnail

4 Things Great Companies Do to Improve Cash Flow

Speaker: Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

article thumbnail

Building the profession together

Accounting Today

AICPA chair Carla McCall talks about how accounting firms need to work together so they can all thrive separately.

article thumbnail

Can You Buy QuickBooks Enterprise Without Subscription? Here Is How

Ace Cloud Hosting

QuickBooks Enterprise is a popular accounting software designed for medium to large-sized businesses. The software offers a range of advanced features and tools that can help enterprises manage their financial.

More Trending

article thumbnail

Cloud in Manufacturing Industry – Benefits and Use Case

Ace Cloud Hosting

Manufacturers face enormous pressure to innovate quickly to meet changing customer demands. These rising demands and expectations often leave them questioning how to stay ahead in today’s digital landscape. Cloud.

article thumbnail

3 types of trusts that could help wealthy clients' estate plans

Accounting Today

New rules for IRA beneficiaries, the expiration of the Tax Cuts and Jobs Act and guidelines for qualified stock make these strategies especially relevant.

Tax 221
article thumbnail

The Savannah Bananas' Playbook for Unconventional Business Growth: Insights from CFO Tim Naddy

Blake Oliver

What happens when you throw out the old playbook and reimagine what a baseball team can be? You get the Savannah Bananas - a viral sensation with a million-fan waitlist and over 200 consecutive sold-out games. In this episode of the Earmark Podcast , I interviewed Tim Naddy, CFO of the Savannah Bananas, to uncover the financial strategy behind their explosive growth.

article thumbnail

Doeren Mayhew receives PE investment

Accounting Today

The Top 100 firm announced it has partnered with Audax Private Equity, making it the latest in a string of large accounting firms to score PE money.

article thumbnail

The Financial Leader's Playbook: How To Deliver Insight, Oversight, And Foresight

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

article thumbnail

A Tale of Two Niches - the 2025 ProAdvisor Awards Part 2

Insightful Accountant

Murph looks at a couple of the 'sub-categories' used by Insightful Accountant for both the 'Niche' and 'CAAS' Award categories. This week's Part 2 cover 'Tax' as a specialty or CAAS service.

Tax 52
article thumbnail

Art of Accounting: How to succeed with changes

Accounting Today

Innovation and changes are hot topics, but many who talk about it or wish for it never seem to move forward or make changes.

article thumbnail

QB Talks April | Modern Reports and Pivot Tables | Archives

Insightful Accountant

Get a jump on transitioning to the new 'Modern View' Reports that Intuit is starting to roll out into QuickBooks Online by attending Insightful Accountant's QB Talks on April 24, 2024 at 2:00 Eastern Daylight Saving Time.

article thumbnail

Longtime Apple CFO to take on smaller role

Accounting Today

Kevan Parekh will take on the CFO role from Luca Maestri at the end of the year, as part of a planned succession.

article thumbnail

How to Select the Perfect Payments Partner: 7 Keys for Sustainable Growth

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

Join Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms for an informational webinar about how to select the ideal payments provider for your platform! This session highlights the 7 key criteria for assessing payments partners and maximizing the value of your investment. From evaluating technology and business development programs to understanding support and compliance, this webinar will equip you with a comprehensive evaluation framework and strategy for

article thumbnail

QB Talks March | Revenue Recognition in QBO | Archives

Insightful Accountant

In QB Talks on March 20, 2024, Alicia Katz Pollock demonstrated QBO Advanced’s latest feature, Revenue Recognition. Accrual-based companies will love the ability to automatically schedule Deferred Revenue transactions.

article thumbnail

IRS adds payments, Spanish to Business Tax Account

Accounting Today

The Internal Revenue Service continues to expand the things business taxpayers can do with BTA.

Tax 177
article thumbnail

Are Your Non-Compete Agreements Null and Void?

Insightful Accountant

A federal judge in Dallas has blocked the U.S. Federal Trade Commission's (FTC) near-total ban on noncompete agreements, which was set to take effect next month.

52
article thumbnail

QB Talks May | QB Live: Assisted Bookkeeping | Archives

Insightful Accountant

Check out this special edition of QB Talks, where Alicia Katz Pollock and special guest Ted Callahan dive into the subject of assisted bookkeeping.

article thumbnail

2024 Annual Trends Survey: Expense Management Insights

Uncover the latest trends in expense management for small and medium-sized businesses. Our 5th Annual Trends Survey reveals that corporate card use is skyrocketing, but expense software isn't keeping up. This mismatch is creating real challenges for finance teams, who now take an average of 14 days to close their books. Travel policies are shifting to accommodate hybrid work, but many companies are struggling with off-tool bookings.

article thumbnail

QB Talks August | Top ProAdvisor Roundtable | Archives

Insightful Accountant

Join Murph, Gary and others to learn what it takes to be an Insightful Accountant "Top ProAdvisor" in the August QB Talks session.

article thumbnail

QB Talks | Converting from QBDT to QBO | Archives

Insightful Accountant

Check out this special edition of QB Talks, where Alicia Katz Pollock dives into converting from QuickBooks Desktop to QuickBooks Online.

article thumbnail

Essential HR Strategies for Small Businesses | Insights from Michelle LeBlanc & Gary DeHart

Insightful Accountant

Join Gary DeHart and HR expert Michelle LeBlanc as they dive into crucial HR strategies for small businesses!

52