Fri.May 17, 2024

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Is the profession damaging its own pipeline?

Accounting Today

The Illinois CPA Society's "Re-Decoding the Decline" report shows that time is the top barrier to CPA licensure, not the 150 credit-hour rule.

CPA 347
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Knowing When to Let Go: Delegating for Business Growth | Beyond the Books Podcast by AccountingDepartment.com

Accounting Department

Andrea engages in a candid conversation with ADC co-founder Bill Gerber, exploring the pivotal decision-making process behind delegating tasks for business growth.

Billing 253
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Accounting Today news quiz: May 17

Accounting Today

Test your accounting knowledge on bad social media advice, AI adoption, and more. No. 2 pencil not required!

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The ROI of Outsourcing Your Accounts Receivable

Enterprise Recovery: Accounts Receivable

Outsourcing accounts receivable and collections is a strategic decision that can benefit businesses. By partnering with a collection agency, businesses can offload the time-consuming task of chasing unpaid invoices, allowing them to focus on their core operations. Discover the financial benefits of outsourcing your accounts receivable and how it can positively impact your business's bottom line.

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Forecasting Failures Are Costly: Here's How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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On the move: Forvis adds assurance partner

Accounting Today

Association for Accounting Marketing distributes slew of awards at annual AAM Summit; VSCPA announces officers and board of directors; and more news from across the profession.

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Top 10 Data Extraction Tools in 2024

Nanonets

Every company has tons of data, but it is hidden in PDF files or your employees' email attachments. Successful companies make data-driven decisions, and that is possible because of data extraction and analysis tools. This article examines the top 10 data extraction tools and their pros and cons. By the end, you will be equipped to select the best data extraction software according to your requirements.

More Trending

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The simple rule that turned my son from a screen-obsessed kid into an avid reader

Blake Oliver

When I walked into the kitchen this morning, this is how I found my son. Just a few months ago, he had zero interest in books. So what changed? I was talking with a neighborhood dad with older kids. I was complaining about my son being addicted to his iPad. This dad told me his kids don't have a problem. The family rule: No screen time Monday through Thursday.

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Getting ready for new digital asset reporting regs

Accounting Today

Insights into the IRS's progress on the Form 1099-DA and forthcoming regs on crypto asset reporting.

Tax 305
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Insights from ADP's Accountant Connect | Dawn Brolin & Rhonda Shurter

Insightful Accountant

Accounting Insiders guests Dawn Brolin and Rhonda Shurter from ADP. Rhonda, the Senior Director of Product Management at ADP, highlighted Accountant Connect features for industry trends and efficiency.

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Going corporate: Why letting pros handle estates can be best for clients

Accounting Today

A professional brings objectivity to dicey conversations between relatives as well as experience navigating the substantial work involved with transferring assets, experts say.

Tax 240
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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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Accounts Payable Automation Case Study

Tipalti

Learn how businesses across industries have leveraged Tipalti’s end-to-end AP automation software to streamline processes, save time, and money.

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The unique challenges of auditing REITs

Accounting Today

These investment vehicles present obstacles that require a deep understanding of the real estate industry and robust financial expertise.

Auditing 234
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Canopy Secures Funding to Enhance AI-Powered Practice Mgmt.

Insightful Accountant

Canopy has secured $35-million in funding to enhance their AI-powered Practice Management software for Accounting Firms.

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Checklist for Small Business Startups

SMB Accounting and Consulting

Are you a small business owner seeking expert guidance on accounting practices? Navigating the complexities of financial management is crucial to the success of any business. Establishing a core understanding of key accounting principles not only instills confidence but also ensures compliance with accounting and government regulations. Our checklist will guide you through some key items to consider when setting up your business and best practices for those already in operation.

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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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What does 'certified' copies mean?

Accounting Fun

Accountants frequently ask new clients to either bring their passport into the office or to supply certified copies. It's a requirement of the anti-money laundering regulations. An accountant told me recently that a new client recently sent him a package. On opening it the accountant found a copy of the client's passport. What else? Another one. Same as the first.

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How to Sell Your Accounting Firm

Earmark Accounting Podcast

Thinking of selling your practice? Join us as serial acquirer Michael Ly shares an insider’s guide to preparing, pricing & selling your accounting firm. Learn how to value your firm for maximum sale price, find the right buyer, negotiate win-wins, protect clients through transition, and structure creative deals - whether nearing retirement or just exploring options.

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Horizontal Vs Vertical Integration

Tipalti

What are the differences between horizontal and vertical integration and which will have the most beneficial impact on your business’s growth? Explore the different use cases for each.

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Ex-Soros star Scott Bessent jockeys with John Paulson to run Trump's Treasury

Accounting Today

One man, in the eyes of Donald Trump, is a "money machine." The other is a guy named "Scott.

Tax 298
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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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Trump Accountants Take the Stand Before the Stormy Daniels

Cloud Accounting Podcast

This week, Blake and David are puzzled by the results of a survey that shows 40% of tax professionals believe generative AI will allow them to charge clients higher rates. They also cover the sham audit firm BF Borgers and question why the firm's CPA is still licensed despite SEC charges. Blake demonstrates how he uses Zapier Central to build an AI agent that can automatically respond to client emails about the status of their tax returns.

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Key conservative group advises Trump: more tax cuts, no tariffs

Accounting Today

The Club for Growth Foundation, whose members have sparred with Trump advisors on economic policies, says its corporate tax cut plan — as well as a corresponding push for deregulation — are aimed at bolstering U.S. manufacturing.