Tue.Jan 21, 2025

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KPMG aims to become a law firm too

Accounting Today

KPMG US has set up a subsidiary that has filed an application in Arizona to establish a law firm in the state, with hopes of going national.

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Why Real-Time Financial Reporting Is a Game-Changer

Accounting Department

Financial reporting has always been a critical pillar of effective business management. It's the roadmap that guides decisions, uncovers opportunities, and highlights risks. However, in a fast-evolving economic landscape, relying solely on monthly reports or quarterly financial statements is slowly becoming obsolete.

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California extends tax relief to LA fire victims

Accounting Today

Affected taxpayers now have until Oct. 15 to file and pay their taxes, matching the federal relief from the IRS.

Tax 264
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Sage AP Automation – Simplify Your Finance Department

Compleatable

Sage AP Automation for Sage 50, Sage 200 and Sage Intacct. In most finance teams, specifically accounts payable, manual AP processes are a major cause of frustration for your finance function. But with AP automation, it doesnt have to be that way. Say goodbye to manual data entry tasks, basic or complicated approval workflows, and a lack of visibility and control.

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The Silent Crisis: Why Finance Lags in Digital Transformation and How to 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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Taxpayers should oppose a strategic bitcoin reserve

Accounting Today

If we establish a Bitcoin reserve the US taxpayer loses and the wealthiest Bitcoin holders win.

Tax 264
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How Do I Access QuickBooks Enterprise Remotely?

Ace Cloud Hosting

In today’s fast-paced business world, flexibility and accessibility are key to maintaining productivity and efficiency.

More Trending

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Minimum Corporate Tax Rate in Singapore 2025

Counto

Minimum Corporate Tax Rate in Singapore 2025 As we approach 2025, small business owners in Singapore need to understand the implications of the minimum corporate tax rate and any updates in the tax landscape. With new global tax regulations on the horizon, its crucial to stay informed about how these changes may impact your business. In this blog, we will break down the current tax rate, explain the global minimum tax set to take effect in 2025, and provide insights on how small businesses can r

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Economic confidence grows among US accountants but plummets globally

Accounting Today

Accountants and other financial professionals in the U.S. are showing more signs of confidence in the economy, but optimism is waning elsewhere.

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Accounting Firms vs. Individual Accountants: Which Is Right for Your Small Business?

Counto

Accounting Firms vs. Individual Accountants: Which Is Right for Your Small Business? As a small business owner in Singapore, managing your finances can be one of your most challenging tasks. Choosing the right accounting support is essential for ensuring smooth operations and long-term growth. While an individual accountant may seem like the personal, affordable option, an accounting firm can provide a broader, more reliable solution thats better suited to supporting your business as it scales.

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RSM forms audit quality board

Accounting Today

RSM formed an advisory body composed of three independent board members responsible for evaluating quality control and quality management within the firm's assurance practice.

Auditing 162
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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

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When Employees Google Payroll Questions in Singapore: Common Issues Explained

Counto

When Employees Google Payroll Questions in Singapore: Common Issues Explained Payroll is an essential aspect of any business, but its not just the business owners or HR managers who think about it. Employees, too, often have questions about their pay, benefits, and tax deductions. While many may approach HR or payroll departments for clarification, some may turn to Google to search for answers.

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In the blogs: To be continued?

Accounting Today

TikTok and taxes; future of L.A. revenues; engagement limits; and other highlights from our favorite tax bloggers.

Tax 147
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How Sikich Is Transforming the Accounting Firm Model – And Putting Employees First

Blake Oliver

Private equity flowing into accounting firms is great for partners, but what about everyone else? In this issue of Earmark Edge , Ryan Spohn, CFO of Sikich, reveals how they turned their $250M PE deal with Bain Capital into a win for employees, too.

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CRI merges in CapinCrouse

Accounting Today

Carr, Riggs & Ingram, a Top 25 Firm based in Enterprise, Alabama, has added CapinCrouse, a Regional Leader based in Indianapolis, effective Jan. 17, 2025.

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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

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KPMG set to become the first big four firm to practice law in the U.S.

Blake Oliver

KPMG is set to become the first Big Four accounting firm to practice law in the U.S. They're doing this in Arizona, which lifted restrictions on non-lawyers owning law firms back in 2021. KPMG already practices law in 80+ countries and pulled in $8.7 billion globally from tax and legal services last year (their fastest-growing division). Now they're eyeing the world's largest legal market - the U.S.

Tax 52
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The power of immediate feedback

Accounting Today

As a firm leader you have hundreds of opportunities every week to give positive feedback to your team.

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How Do I Check Proof of Ownership in Singapore?

Counto

How Do I Check Proof of Ownership in Singapore? When it comes to verifying proof of ownership for a business or asset in Singapore, its important to know where to look and how to obtain the relevant documentation. Whether youre involved in a transaction, entering a partnership, or ensuring compliance, this guide will help you understand how to check proof of ownership in Singapore accurately and efficiently. 1.

Tax 52
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SEC charges GrubMarket for overstating revenue by $550M

Accounting Today

The Securities and Exchange Commission settled charges against the California-based e-commerce food distributor for overstating revenue to Series D investors.

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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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Tax Deadlines in Singapore for 2025: Every Small Business Should Know

Counto

Tax Deadlines in Singapore for 2025: Every Small Business Should Know As a small business owner in Singapore, managing your taxes may feel like a challenge. However, keeping up with tax deadlines doesnt need to be stressful. With a clear grasp of the important tax deadlines in 2025 and some forward planning, you can navigate the year with ease. Lets break down the key tax deadlines for 2025 and share practical tips to help you stay on track. 1.

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A $500M ETF will be next big launch in tax-busting trend

Accounting Today

A Missouri-based wealth manager is poised to join the small but growing list of firms who have flipped assets into exchange-traded funds to help investors slash their tax bills, prepping one of the largest launches of its kind.

Tax 130
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QBO Payroll Class and Project Enhancements

Insightful Accountant

Intuit continues to make enhancements to their QuickBooks Online Payroll options. Here is one that may have gone unrecognized.

Payroll 52
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KPMG audit of Entain investigated by UK's accounting regulator

Accounting Today

Gambling operators have attracted increasing regulatory scrutiny in the U.K. in recent years, leading to significant fines.

Auditing 100
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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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How to Consolidate Business Debt

Fit Small Business

Ill walk you through how to consolidate business debt and help you understand the nuances involved in the processfrom determining the total amount needed to pay off existing loans and finding a lender, to applying for a loan and ensuring proper payoff of your old accounts. Business debt consolidation can provide multiple benefits, such as. The post How to Consolidate Business Debt appeared first on Fit Small Business.

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How much CPA charge per Hour

Black Ink Tax & Accounting

Table of Contents Top 10 Accounting Firms in the World Over the course of time, business proceedings have changed a […] The post How much CPA charge per Hour appeared first on bitaccounting.

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Getting a Business Loan to Pay Off Credit Card Debt

Fit Small Business

Ill walk you through the process of getting a loan to pay off credit card debts, from considering your current credit card debt obligations and comparing lenders to applying for financing, signing the lenders agreement, and obtaining the funds. By using a business loan to pay off credit card debt, you can optimize your cash. The post Getting a Business Loan to Pay Off Credit Card Debt appeared first on Fit Small Business.

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Outsourcing Accounting Services for Small Business

Black Ink Tax & Accounting

Table of Contents Outsourcing Accounting Services for Small Business As competitive as today’s infrastructure is getting, small startups and businesses […] The post Outsourcing Accounting Services for Small Business appeared first on bitaccounting.

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AP Automation: The Competitive Advantage Your Business Needs

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 technology to drive productivity and cost savings. So, how do you make the case for automation within your organization?

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How to Close Your Business with ACRA: A Guide for Small Business Owners

Counto

How to Close Business with ACRA: A Guide for Small Business Owners Closing a business is a significant decision, and doing so correctly is essential to avoid future complications. Whether youre winding down your operations, shifting to a new venture, or retiring, its crucial to follow the necessary steps for closing your business with ACRA (Accounting and Corporate Regulatory Authority) in Singapore.

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How to Choose the Right Contract Renewal Software

oAppsNet

Contracts are the spine of most business relationships, from vendor agreements to customer subscriptions. At their end date, the process of renewing paperwork can be time-consuming and error-prone. Certain businesses rely on physical paper, digital spreadsheets, or manual reminders, while others try to track everything through email chains. These methods often lead to lost revenue, missed deadlines, and legal risks.

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How to Buy an ACRA Report: A Guide for Small Business Owners

Counto

How to Buy an ACRA Report: A Guide for Small Business Owners Whether you need it for due diligence, verifying company details, or any other business purposes, purchasing an ACRA report is a simple process in Singapore. This guide will take you through the steps to obtain an official ACRA (Accounting and Corporate Regulatory Authority) report for a business , ensuring you’re informed and compliant. 1.

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Trump plans to impose 25% tariffs on Mexico, Canada by Feb. 1

Accounting Today

Trump said in his inaugural address that "instead of taxing our citizens to enrich other countries, we will tariff and tax foreign countries to enrich our citizens.

Tax 246
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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.