Wed.Sep 27, 2023

article thumbnail

The top cities to be an accountant

Accounting Today

Forbes Advisor has ranked the 99 best places for an accounting career.

article thumbnail

40 years of powering prosperity: Highlights from Intuit’s 2023 Corporate Responsibility and Diversity, Equity, and Inclusion Report

Intuit

At Intuit, we believe everyone should have the opportunity to prosper, and for 40 years we’ve been working to make that a reality. Today, I’m proud to announce the release of our 2023 Corporate Responsibility and Diversity, Equity, and Inclusion report. Corporate responsibility (CR) and diversity, equity, and inclusion (DEI) are core to who we are and intrinsic parts of our business strategy.

professionals

Sign Up for our Newsletter

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

article thumbnail

AICPA backs STEM accounting bill in Congress

Accounting Today

The American Institute of CPAs expressed strong support for bipartisan legislation that would establish the accounting profession as a STEM career pathway.

Billing 334
article thumbnail

Employee management tools to help your cash flow

Xero

With economic conditions putting pressure on Australian small businesses, owners are looking at different ways to maintain a healthy cash flow. Our ‘Money matters’ report showed that 61% of Australian small business owners increased their prices in the last 12 months to stay ahead of rising costs and make a profit. 27% also had to dip into their personal savings to manage their cash flow.

XERO 251
article thumbnail

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.

article thumbnail

IRS and Treasury offer guidance on energy efficient home tax credit

Accounting Today

The Internal Revenue Service and the Treasury Department released information on two energy-related tax breaks under the Inflation Reduction Act.

Tax 331
article thumbnail

Xero Beautiful Business Fund: Apply now to upskill your team for the future

Xero

Running a small business often means you and/or your team need to wear a few different hats to get things done. You might be an expert plumber or talented hairdresser, but that doesn’t mean you have all the skills you need to run a small business. Filling that skills gap by investing in training is a great step that small businesses can take to set themselves up for success by building and retaining a great team.

XERO 218

More Trending

article thumbnail

Making a global impact

Intuit

This year, Intuit marked its 40th anniversary. A lot has changed in the company since our founding, but our commitment to live by our values and make the world a better place has never wavered. This commitment has been one of the key drivers in our ability to grow and thrive for over four decades. At Intuit, corporate responsibility (CR) and diversity, equity, and inclusion (DEI) are not afterthoughts; they’re core to who we are and intrinsic parts of our business.

article thumbnail

SEC appoints George Botic to succeed Duane DesParte at PCAOB

Accounting Today

The Securities and Exchange Commission appointed a CPA who has served as director of the Public Company Accounting Oversight Board's Division of Registration and Inspections.

CPA 299
article thumbnail

Green Accounting: How Accountants Can Embrace Sustainability With LedgerDocs

LedgerDocs

Environmental consciousness is on the rise; sustainability isn’t just a buzzword anymore; it has become a necessity. In the coming years, industries across the board will be seeking ways to reduce their carbon footprint and minimize their impact on our planet. Accountants and bookkeepers are no exception; as one of the most paper-heavy departments , their workflow is a great place to start when it comes to limiting a business’s impact.

article thumbnail

Financial restatements surge among SPAC startups

Accounting Today

The number of companies that have restated their financial results or disclosed accounting problems has increased significantly in recent years.

article thumbnail

Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

article thumbnail

How to Fully Staff Your Firm by January

accountingfly

Are you having trouble finding talent for your accounting and tax teams? You’re not alone. But w e believe you can hire and fully staff your firm by January. That may seem like a shocking statement especially since we just saw an article in Accounting Today that said 1% of firm representatives believe they can find qualified talent right now. 1%!

CPA 105
article thumbnail

Farmers and ranchers get more time to replace livestock

Accounting Today

With droughts impacting almost all 50 states, the IRS is giving more relief.

Tax 195
article thumbnail

Compleat Software as a Service (SaaS) Service Terms

Compleatable

The Software as a Service (SaaS) Service shall include the following support service: An advisory and explanatory service with respect to the Software involving the provision of a Support Portal, plus telephone and email consultation service (help-line) as required, to be provide between the hours of 09.00 and 17.00 UK time each day excluding English public holidays and weekends.

article thumbnail

What CPAs can learn from Smucker's

Accounting Today

How do you get as much benefit as possible from in-office collaboration while giving as much flexibility to work remotely?

195
195
article thumbnail

Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

article thumbnail

Why I became a Certified Pumpkin Plan Growth Strategist

Reconciled Solutions

We have some big news at Reconciled Solutions: I recently became a Certified Pumpkin Plan Growth Strategist! I am now officially trained and certified to. The post Why I became a Certified Pumpkin Plan Growth Strategist appeared first on Reconciled Solutions.

article thumbnail

Vendor Spotlight: Laurel

Accounting Today

In this week's Vendor Spotlight, we catch up with Laurel, the AI-powered time tracking software solution.

189
189
article thumbnail

General administrative theory definition

Accounting Tools

Related Courses New Manager Guidebook Understanding Organizational Behavior What is General Administrative Theory? General administrative theory is a set of 14 principles of management, as set forth by Henri Fayol, a French mining engineer and executive. He believed that the following principles could be applied to any business. Division of Work By having employees specialize in just a few tasks, they can become much more efficient than having employees engage in every possible task.

75
article thumbnail

PwC Australia says lack of board oversight enabled tax scandal

Accounting Today

The firm said its risk controls were inadequate and its board didn't challenge leadership enough, following a months-long independent inquiry into malpractice.

Tax 189
article thumbnail

Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

article thumbnail

Sage Intacct Integration

Tipalti

Get more out of your Sage Intacct software with robust integrations designed to streamline and automate your accounts payable processes. Simplify invoice management and increase accuracy.

article thumbnail

PCAOB fines Deloitte's Colombia firm $900K for violations

Accounting Today

The Public Company Accounting Oversight Board sanctioned a Deloitte member firm in South America for violating quality control standards.

article thumbnail

AI in Accounts Payable

Tipalti

In what ways can artificial intelligence be used in accounts payable, and what are the risks and rewards? Deep-dive on AI powered AP automation in our comprehensive article.

article thumbnail

What Is Temp to Hire? Pros and Cons

CSI Accounting & Payroll

As a small business owner, you’re generally more susceptible to risk than larger businesses are. A common risk area is losing a lot of money, time, and effort when you hire the wrong employee. This is especially true if you’re in a highly competitive industry or are hiring for an entry-level position. What if there was a way to work with a new employee on a trial basis?

Payroll 52
article thumbnail

Profit in the Details: Rethinking Spend for Monumental Impact

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

article thumbnail

How 6 Companies saved up to 80% Cloud Costs – Case Studies

Economize

The allure of cloud computing often promises scalability, flexibility, and enhanced performance. But for many companies, the transition to the cloud comes with an unwelcome surprise: escalating costs. This usually happens due to misconfigured workloads, oversight of optimum pricing models, or simply a lack of understanding about the available discounts.

article thumbnail

Everything You Do in Your Firm is Sales

Future Firm

Beyond client acquisition, I discovered that sales permeates all aspects of effective business management. In this episode, I shared the importance of sales and how to incorporate it into your firm’s processes. Listen Below. 1:05 – At the outset of establishing my accounting firm, I dreaded sales calls, grappling with low self-assurance and a challenging learning curve as an introvert. 1:33 – Emphasizing a sales-oriented approach to recruitment is key to attracting the right ca

article thumbnail

The California Board of Accountancy wants to know how you feel about the 150-hour rule for CPA licensure

Blake Oliver

The California Board of Accountancy is surveying applicants and licensees about educational requirements for CPA licensure!

CPA 52
article thumbnail

Hierarchy of needs definition

Accounting Tools

Related Courses New Manager Guidebook What is the Hierarchy of Needs? The hierarchy of needs is a characterization of an individual’s needs, as classified by Abraham Maslow in his 1943 research paper, A Theory of Human Motivation. Level 1 - Physiological Needs In essence, this concept states that the most essential need of a person is physiological, such as having enough food and housing – essentially the base minimum needed for survival.

52
article thumbnail

Navigating Bleisure Travel: A Guide for Mid-Sized Companies

Bleisure travel — where employees combine work and leisure — has been around since the advent of corporate travel and is here to stay. Successful bleisure policies strike a balance between employee preferences and company goals — workers report a 64% improvement in work-life balance, while companies benefit from reduced travel costs and increased workforce innovation.

article thumbnail

Member Spotlight: Build Your Credit Career with Designations

NACM

The credit industry plays a pivotal role in modern economies, facilitating access to financial resources for individuals and business alike. By earning designations through NACM's Professional Certification Program, credit professionals can take various courses that allow them to increase their knowledge of business credit and become experts in the.

5
article thumbnail

Audit definition

Accounting Tools

Related Courses How to Conduct an Audit Engagement What is an Audit? An audit is the examination of an entity's accounting records , as well as the physical inspection of its assets. If performed by a certified public accountant (CPA), the CPA can express an opinion on the fairness of the entity's financial statements. This opinion is then issued along with the financial statements to the investment community.

article thumbnail

Outsourced Bookkeeping for CPAs: 8 Options Compared

Future Firm

If you’re a CPA firm looking to outsource your bookkeeping, you’ll want to check out this post on the 7 different options for outsourced bookkeeping for CPAs. In this article, I’ll run through some of the more modern options that might make the most sense for your firm at the moment. Check it out: Outsourced Bookkeeping for CPAs Terminology Before continuing, there are 3 terms that I want to briefly define which will have an impact on the option you select.

article thumbnail

Appreciation definition

Accounting Tools

What is Appreciation? Appreciation is an increase in the value of an asset over time. This is one of the main reasons why investors hold certain assets, such as common stock , real estate, rare coins, and artwork. There are a number of reasons why assets can appreciate. For example, the supply of an asset may become restricted. Or, the demand for an asset may increase.

article thumbnail

Unlock The Blueprint: How To Construct A Better Payment Workflow

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.