Mon.Mar 24, 2025

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What the NICs Grant Delay Means for School Finance in 2025

Compleatable

The Department for Educations recent release of the National Insurance Contributions (NICs) grant methodology for April 2025 to March 2026 highlights a critical issue for school and trust leaders: the growing complexity of cash flow management in the face of rising employment costs. While the grant itself is welcome support in principle, intended to help schools meet increased NICs liabilities from April 2025, the reality is that the money wont land in school accounts until October.

Budgeting 100
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Tax season 2025 so far: By the numbers

Accounting Today

With tax season underway, here are the filing statistics, updated weekly.

Tax 194
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B2B Customer Retention: Proven Strategies for Finance Teams to Reduce Churn and Drive Loyalty

Gaviti

In today’s competitive landscape, B2B customer retention has become a critical focus for businesses aiming for sustainable growth. Companies often overlook the roles that finance teams play in the customer relationship equation. When customers have a good relationship with the people who serve them of which finance is one of them, it fosters customer loyalty and minimizes churn.

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FinCEN rule removes BOI reporting requirements for US companies

Accounting Today

The interim final rule removes the requirement under the Corporate Transparency Act for U.S. companies and people to report beneficial ownership information.

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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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Regulatory Updates On Nominee Directors: What SMEs Must Know In 2025

Counto

Regulatory Updates On Nominee Directors: What SMEs Must Know In 2025 In Singapores effort to strengthen corporate governance and transparency, regulatory changes affecting nominee directors came into effect in 2024 and are fully enforced in 2025. These updates impact how small and medium-sized enterprises (SMEs) appoint nominee directors and manage corporate compliance.

Payroll 52
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GASB finds widespread use of GAAP in states and localities

Accounting Today

GASB released a study on utilization of GAAP among state and local governments and found all the states are using GAAP, but only about three-quarters of localities are.

More Trending

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PCAOB offers videos on quality control monitoring, remediation

Accounting Today

The Public Company Accounting Oversight Board has created three videos from its staff on its quality control standard's monitoring and remediation process.

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Why Startups Need a Professional Company Secretary from Day One

Counto

Why Startups Need a Professional Company Secretary from Day One Starting a business in Singapore is exciting but in the rush to launch, many entrepreneurs overlook one of the most important compliance roles: the company secretary. While it may seem like an administrative formality, engaging a professional company secretary from day one can save you time, prevent legal issues, and keep your business running smoothly.

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Acumatica launches update with new interface, AI, payments

Accounting Today

ERP solutions provider Acumatica announced the rollout of its R1 release, sporting enhanced AI features as well as more industry-specific solutions.

Payroll 130
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How to Find Affordable Accounting Services for SMEs in Singapore

Counto

How to Find Affordable Accounting Services for SMEs in Singapore For many small and medium-sized enterprises (SMEs) in Singapore, managing finances effectively is essential but hiring a full-time accountant or engaging a large firm may feel out of reach. The good news? There are cost-effective accounting solutions tailored to SMEs that balance affordability with compliance and support.

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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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Art of Accounting: 15 ways of keeping calm as tax season ends

Accounting Today

Tax season usually is the most stressful period of the year for accountants. Staying calm will help you, your clients and staff.

Tax 130
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Is Your Business Ready For GST Registration Key Indicators To Watch

Counto

Is Your Business Ready For GST Registration Key Indicators To Watch As your business grows, youll eventually ask the question: Do I need to register for GST? In Singapore, Goods and Services Tax (GST) registration isnt just about crossing a revenue threshold its about knowing when, and how, to comply with IRAS requirements. Heres how to know if your business is ready or required to register for GST, and the key indicators you should be tracking now.

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Are you offering what clients value?

Accounting Today

All too often, what accountants are selling are services that clients have to endure, says Joe Woodard, not the sort of thing that they really value.

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Accounting For Project-Based Businesses: Tracking Profitability By Job

Counto

Accounting For Project-Based Businesses: Tracking Profitability By Job If your business delivers services on a project or job basis such as construction, design, consulting, or IT tracking overall revenue isnt enough. To truly understand your financial performance, you need to know which projects are profitable and which ones are not. Thats where job-level accounting comes in.

Payroll 52
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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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5 Best Long-Term Small Business Loans for 2025

Fit Small Business

Long-term business loans can provide you with the opportunity for longer repayment periods, helping maintain cash flow and allowing for overall business growth. The best long-term business loans will have a wide range of repayment terms, favorable interest rates, and flexible qualification requirements. Ive reviewed the best options across various lenders offering long-term financing.

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Cash Vs. Accrual Accounting: Which Method Suits Your Small Business?

Counto

Cash Vs. Accrual Accounting: Which Method Suits Your Small Business? One of the first financial decisions a small business owner must make is how to recognise income and expenses in other words, choosing between cash basis and accrual accounting. Each method offers a different view of your financial position and has implications for tax reporting, cash flow management, and compliance.

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How to Add a Signature in Outlook (New & Classic)

Fit Small Business

To learn how to add a signature in Outlook, first check if you have Outlooks new or classic version because the process differs slightly for each. The new Outlook was just released in 2024 and runs on Windows 11. Meanwhile, any version before that is Outlook classic. Adding a signature in Outlooks new version involves. The post How to Add a Signature in Outlook (New & Classic) appeared first on Fit Small Business.

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Leave And Claims Management: The Overlooked Role Of Payroll Services

Counto

Leave And Claims Management: The Overlooked Role Of Payroll Services When you think about payroll, its easy to focus on salaries, CPF contributions, and payslips. But for small businesses, especially in Singapore, leave and claims management is just as critical and it often falls under the radar. The truth is, that payroll services play a key role in streamlining leave and claims processes, ensuring compliance, and reducing admin headaches.

Payroll 52
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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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Succession planning: It's not just for clients

Accounting Today

When small CPA shops suddenly end, clients are left to scramble for a replacement and any enterprise value that the owner may have had withers away.

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How Accounting Services Simplify Estimated Chargeable Income (ECI) Filing

Counto

How Accounting Services Simplify Estimated Chargeable Income (ECI) Filing For many business owners, Estimated Chargeable Income (ECI) filing can feel like just another item on an already long to-do list. But in Singapore, this isnt something to overlook. Filing your ECI accurately and on time is a key compliance requirement set by IRAS and getting it wrong can lead to unnecessary penalties or tax issues.

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Latest Invoicera Updates: Better Ways to Create Invoices

Invoicera

We are excited to announce the newest features added to Invoicera that will transform how you customize invoices, do recurring and time-based billing, and manage expenses. These additions are created to prioritize simplicity, making your invoice management more accurate and time-saving. Lets look at whats new and how it can optimize your invoicing process.

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Choosing The Right Reporting Frequency: Monthly Vs. Quarterly Vs. Yearly

Counto

Choosing The Right Reporting Frequency: Monthly Vs. Quarterly Vs. Yearly When it comes to financial reports, timing matters. How often you review your numbers can influence everything from day-to-day decisions to long-term planning. But whats the right reporting frequency for your business monthly, quarterly, or yearly? The answer depends on your business size, complexity, goals, and regulatory obligations.

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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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IRS Return-to-Office Mandate Creates Operational Challenges

Insightful Accountant

The IRS's recent return-to-office mandate has created significant operational disruptions that may impact tax practitioners' interactions with the agency. Understanding these changes can help tax practice managers better navigate.

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Visualising Business Performance: The Power of Dashboards in Accounting

Counto

Visualising Business Performance: The Power of Dashboards in Accounting When youre running a business, the numbers matter but finding time to interpret rows of data or lengthy reports isnt always realistic. Thats where accounting dashboards come in. They offer real-time visual insights that help you track performance, make decisions, and stay in control without needing to be a financial expert.

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Voting for the 2025 ProAdvisor Awards Closes April 1

Insightful Accountant

If you haven't voted for the 2025 ProAdvisor Awards now is the time to cast your ballot for this year's candidates for both U.S. and International award candidates. Voting ends April 1, so don't miss this opportunity to vote for the awards.

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How Tax and Accounting Firms Can Stay Within Privacy Laws

Ace Cloud Hosting

Tax and accounting firms handle a wealth of sensitive client data, making compliance with privacy laws a legal necessity and a critical aspect of maintaining trust and reputation. If youre.

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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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Sales Tax Trip Tuesday Time - March 2025

Insightful Accountant

While this is our third trip (of the imagination) for this year, but the first of my 'battlefield' explorations. We will spend the night in Washington, DC and then take a day-long tour of Gettysburg, followed by a tour of Manassas Battlefield Park.

Tax 52
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Form 3922 on Tax Return

Black Ink Tax & Accounting

Table of Contents Self-Employed Housekeeper Tax Return: The Ultimate Guide If you are a self-employed housekeeper, you have the flexibility […] The post Form 3922 on Tax Return appeared first on bitaccounting.

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IRS reportedly nears deal to share info with immigration authorities

Accounting Today

The Internal Revenue Service is reportedly getting close to an agreement to share information such as taxpayers' addresses with ICE officials upon request.

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Singapore’s Move to a Single Identification Number: Key Impacts for SMEs and Businesses

Counto

Singapores Move to a Single Identification Number: Key Impacts for SMEs and Businesses Singapore is known for efficient, forward-thinking governance and one area now under review is the national identification system. As discussions about consolidating NRIC, FIN, and TIN into a single identification number gain traction, businesses should understand the potential implications.

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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.