Tue.Aug 20, 2024

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SEC approves tougher rules around auditor 'negligence'

Accounting Today

The commission approved proposals from the PCAOB around contributory liability, the responsibilities of the auditor, and technology-assisted data analysis.

Auditing 334
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How to become a prompt engineer

Intuit

Prompt engineers specialize in making the most of artificial intelligence (AI) platforms. These professionals understand the ins and outs of how AI platforms think, designing the most efficient prompts for achieving desired results. Prompting roles appear to have a promising future, too. The global prompt engineering market size is projected to grow at a compound annual growth rate (CAGR) of nearly 33% from 2024 to 2030.

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Unauthorized access of tax returns rebounds, disclosure violations stay low

Accounting Today

In 2023, 125 violation cases of unauthorized access of tax return data were reported, the highest since 2018, but instances of disclosure violations remains low.

Tax 317
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How to become a prompt engineer

Intuit

Prompt engineers specialize in making the most of artificial intelligence (AI) platforms. These professionals understand the ins and outs of how AI platforms think, designing the most efficient prompts for achieving desired results. Prompting roles appear to have a promising future, too. The global prompt engineering market size is projected to grow at a compound annual growth rate (CAGR) of nearly 33% from 2024 to 2030.

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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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EisnerAmper adds Krost CPAs

Accounting Today

EisnerAmper, a Top 25 Firm based in New York, is adding the partners and colleagues of Krost CPAs, a Top 100 Firm based in the Los Angeles area, in a combination expected to close in September.

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How to support people with disabilities in the workplace

Intuit

Most companies report that 4 to 7% of their employees have a disability. Odds are, it’s more than that. Businesses are dramatically underestimating the reality of disabilities in the workplace, according to a 2023 Boston Consulting Group (BCG) survey of 28,000 employees across 16 countries. It found that a staggering 25% of employees have a disability or health condition.

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How to become a data engineer

Intuit

Data engineer job opportunities will increase by 21% from 2018 to 2028. This staggering growth has many job seekers asking how to become a data engineer. In this guide, we’ll define the role of a data engineer, detail the steps it takes to become one, and provide helpful tips to steer you in the right direction. Who knows? By the time you’re done reading, you may have chosen a new career path.

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Missing tech tycoon was celebrating acquittal before storm hit

Accounting Today

Mike Lynch, who is missing after his yacht sank off Sicily, had only recently fended off a U.S. criminal fraud case over the sale of his company to Hewlett Packard.

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The Art of Getting Paid: Avoiding Common Pitfalls in Accounts Receivable

Reconciled Solutions

For small businesses, timely payments are the lifeblood that keeps operations running smoothly. Every day that passes without collecting on outstanding accounts receivable is a. The post The Art of Getting Paid: Avoiding Common Pitfalls in Accounts Receivable appeared first on Reconciled Solutions.

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Greatland Corporation buys Information Returns

Accounting Today

Greatland Corporation, the company behind Yearli, announced it has acquired Information Returns Inc.

Tax 182
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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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Warehouse Wednesday: Acumatica In-depth Part 3

Insightful Accountant

This is a prologue of Murph's third part of his in-depth series on Acumatica. this summary reports on the construction capabilities of Acumatica ERP for home builders, general contractors and sub-contractors.

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SOC 2 reports reimagined: From burden to business enabler

Accounting Today

It's time to change our outlook and embrace the advancements in performing SOC 2 audits to fully realize the incredible amount of value and competitive advantage the service can provide.

Auditing 182
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QuickBooks and Allstate Health Report on Employee Benefits

Insightful Accountant

QuickBooks and Allstate Health have compiled a new report on the impact of employee benefits on the workforces of small and large businesses.

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Pawlow joins Brady Martz as chief execution officer

Accounting Today

Jeffrey Pawlow was most recently president of Engineered Tax Services, including the two he co-founded before their acquisition by ETS, The Growth Partnership and ABLE.

Tax 182
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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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Today's QB Talks is our ProAdvisor Roundtable

Insightful Accountant

Today's QB Talks is a ProAdvisor Roundtable featuring four 2024 ProAdvisor Top Award Recipients. Murph and Gary will be hosting this informative discussion with leading ProAdvisors.

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Net of tax definition

Accounting Tools

What is Net of Tax? Net of tax is the initial (or gross) results of a transaction or group of transactions, minus the related income taxes. The term is most commonly associated with the results of an entire business, such that its profits or losses are described as being "net of tax" if the effects of income taxes are calculated into the profits or losses.

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Desktop Product Discontinuation: September 30, 2024

Insightful Accountant

Intuit is reminding customers that new subscription sales for certain Desktop products will be discontinued on September 30, 2024.

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Why Is It Important to Choose the Right Credit Management System?

oAppsNet

Selecting the right credit management system is crucial for businesses that extend credit to their customers. The right system can streamline credit operations, enhance cash flow, reduce risks, and improve customer relationships. Understanding why choosing the right credit management system is essential can help businesses make informed decisions that support their financial stability and growth.

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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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In the blogs: They're off

Accounting Today

A useful AMT; refunds of the dead; core-satellite portfolios; and other highlights from our favorite tax bloggers.

Tax 140