Wed.Aug 28, 2024

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Federal tax lien notices drop significantly at IRS

Accounting Today

In 2023, 179,000 notices of federal tax lien were filed, down roughly 84% from the high in 2010 of nearly 1.1 million.

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Transforming Business Efficiency with Seamless Systems Integration

Accounting Department

In today's fast-paced business world, growing companies often find themselves accumulating multiple applications to enhance productivity. However, without proper integration, these applications can lead to siloed operations and data redundancies, ultimately hampering efficiency.

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Microsoft's AI spreadsheet, and other tech stories you may have missed

Accounting Today

Plus Google's about-face on cookies, the gadgets you need to keep working no matter what, and seven other developments in technology this past month.

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FinOps Tool Vendors Adopt FOCUS

FinOps Foundation

Key Insight: In addition to all major cloud infrastructure providers, third-party FinOps tool vendors are adopting the FOCUS for their platforms. Thousands of Practitioners rely on these tools to perform FinOps in their organizations. To help Practitioners understand this landscape, the FinOps Foundation will continue to track vendor adoption, and will eventually offer an official certification signifying conformance with the Specification.

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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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3 tax strategies for summer daycare, jobs and vacation rentals

Accounting Today

Property owners, entrepreneurs and parents can tap into savings available through credits, deductions and exemptions during the sunny season.

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SMBs and Consumers Differ on Payment Preferences

Insightful Accountant

Xero data reveals a mismatch in payment preferences between small businesses and consumers. Nine out of ten consumers favor paying by card, while 30% of SMBs don't accept cards for payment.

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More Trending

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My Firm’s Worst Marketing Fails (And Lessons Learned)

Future Firm

Learn from my marketing missteps at Xen Accounting. In this episode, I share my biggest failures to help you save time, money, and effort. The post My Firm’s Worst Marketing Fails (And Lessons Learned) appeared first on Future Firm.

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KPMG US forms Independent Audit Quality Advisory Committee

Accounting Today

KPMG US has established an Independent Audit Quality Advisory Committee, along the lines of its fellow Big Four firms, in an effort to improve its audits amid tougher inspections and enforcement by the Public Company Accounting Oversight Board.

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7 Ways CFO Can Improve Cash Flow Management

Analytix Finance & Accounting

Navigating financial challenges can feel like a rollercoaster ride, especially for small and medium-sized businesses. With market swings, industry shifts, and the constant push for growth, managing cash flow can be challenging. Get ready to explore seven powerful and proven ways to increase cash flow and grow your business. 1) Optimize Cash Flow Forecasting Predicting cash flow accurately is important for managing your finances well.

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Eide Bailly sells wealth management arm to Sequoia

Accounting Today

The Top 25 Firm is also taking an equity investment in Sequoia Financial, and the two plan deliver services to each other's clients.

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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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Is Intuit Going Enterprise? In THIS Economy?

Cloud Accounting Podcast

In this episode, Blake and David dive into Intuit's strategic shift towards enterprise solutions, discussing the potential impact on the accounting industry. They also examine some recent economic trends, including the U.S. debt situation and its comparison to historical empires. They then get into audit deficiency rates reported by the PCAOB, highlighting the need for transparency and reform in the auditing profession.

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IASB to publish proposed IFRS update

Accounting Today

The document will be available for comment on the International Financial Reporting Standards website.

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App Aware: Amalgam

Insightful Accountant

Amalgam is productivity software for accounting and finance teams by reducing the time spent with manual record-keeping and data entry.

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Ernesto victims in Virgin Islands get tax relief

Accounting Today

The IRS is pushing back filing and payment deadlines for those impacted by the storm on all four islands.

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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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Vendor Contract Management

Tipalti

Discover the key elements of successful vendor contract management, including strategies and tools to optimize vendor relationships and drive business success.

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Internal audit faces a critical decade ahead

Accounting Today

The IIA Internal Audit Foundation's newly released Vision 2035 project sheds light on the challenges over the next decade.

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Finance and Procurement

Tipalti

Discover strategies to enhance collaboration between procurement and finance teams. Learn how to encourage teamwork, streamline processes, and achieve optimal business results.

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IRS Unveils Draft Form 1099-DA for 2025 Transactions

Insightful Accountant

The Internal Revenue Service (IRS) has released a draft of Form 1099-DA, "Digital Asset Proceeds From Broker Transactions," signaling a significant shift in the reporting requirements for digital asset transactions.

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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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Netsuite Purchase Order

Tipalti

Learn how to navigate purchase orders and the PO process in NetSuite. Streamline your workflows by implementing best practices and robust NetSuite add-on integrations.

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What is a PO System

Tipalti

Ready to optimize your purchase order system? Learn what a PO system is, how it works, and tips for mastering its use to streamline your procurement process.

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Category Management

Tipalti

Master critical category management principles with step-by-step guidance and best practices to enhance supplier relationships and streamline procurement.

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Odoo Alternatives

Tipalti

Discover the best CRM systems that serve as great alternatives to Odoo, offering powerful automation features and flexibility for your business needs.

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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