Wed.Sep 18, 2024

article thumbnail

Fed cuts rates by half point

Accounting Today

The Federal Reserve lowered its benchmark interest rate by a half percentage point Wednesday, an aggressive shift aimed at bolstering the U.S. labor market.

article thumbnail

Beyond automation: How AI can transform the human side of accounting

Xero

I was excited to sit down at Xerocon Nashville recently with Ashley Francis, a CPA with almost 25 years of experience, who has become an accounting expert on using artificial intelligence. Based in the US, Ashley is a well-known speaker, teacher and writer in the accounting industry on the value of incorporating generative AI (GenAI) and automation into practices.

professionals

Sign Up for our Newsletter

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

article thumbnail

CFOs cautious as election looms

Accounting Today

A new Deloitte survey shows 58% of CFOs saying the result of the presidential election will be extremely or very consequential for their organization.

article thumbnail

How to Become a Tax Preparer in California

Intuit

Table of Contents What Is a Tax Preparer? What Does a Tax Preparer Do? How to Become a Tax Preparer in California Tax Preparer Training Current Openings for Tax Preparers With the workforce rapidly diversifying in 2024, many people in California are naturally looking for more flexible scheduling in their jobs. Becoming a tax preparer can be a rewarding career choice for anyone with a knack for numbers and a desire to help others deal with their most pressing tax problems.

Tax 130
article thumbnail

From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

article thumbnail

Accounting by the numbers: September

Accounting Today

Accountants weigh in on which groups are most affected by the economy, the importance of certifications, and other key metrics.

article thumbnail

How to Become a Tax Preparer in Texas

Intuit

Table of Contents What Is a Tax Preparer? What Does a Tax Preparer Do? How to Become a Tax Preparer In Texas Tax Preparer Training Current Openings for Tax Preparers Working as a tax preparer in Texas means handling the tax affairs of organizations large and small. Whether operating in the public or private sector, you’ll be at the forefront of the organization’s tax filing strategies, providing ongoing support via accurate filing and tax-related advice.

Tax 130

More Trending

article thumbnail

How to Become a CPA in California

Intuit

Table of Contents California CPA Requirements How to Become a CPA in California CPA Jobs Remote CPA Jobs Certified Public Accountants (CPAs) have met strict educational and professional criteria to reach the CPA designation. They’re highly motivated and competent individuals who have demonstrated expert-level knowledge on financial data, reporting, and filing standards.

CPA 130
article thumbnail

The case for consolidating your tech stack

Accounting Today

Pruning your technology from time to time will make sure its better serving you and your clients.

316
316
article thumbnail

How to Become a CPA in Florida

Intuit

Table of Contents Florida CPA Requirements How to Become a CPA in Florida CPA Jobs According to Florida’s Department of Business & Professional Regulation (DBPR), there are more than 36,000 Certified Public Accountants (CPAs) and 5,000-plus CPA firms in the state. Becoming a CPA has many benefits, including career advancement, higher-income opportunities, and more freedom to explore your favorite niches and specialties within the accounting and financial fields.

CPA 130
article thumbnail

Prosperity Partners acquires CCA

Accounting Today

Prosperity Partners, a private equity-backed firm in Chicago, has completed the acquisition of Detroit-based Cendrowski Corporate Advisors.

182
182
article thumbnail

Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

article thumbnail

How to Become a CPA in Texas

Intuit

Table of Contents Texas CPA Requirements How to Become a CPA In Texas CPA Jobs Remote CPA jobs Certified Public Accountants (CPAs) are like the guarantors of financial integrity and expertise for an organization. They’ve earned this certification by demonstrating an above-and-beyond commitment to ethics, professionalism, and competence in the accounting world.

CPA 130
article thumbnail

How Long Does AP Automation Take?

Compleatable

How Long Does AP Automation Take? So, what exactly is AP automation? In a nutshell – AP Automation describes software and solutions that aid the retrieval, registration, processing, approval, and payment of purchase invoices. Planned and executed properly, automating AP processes can improve the finance function, saving finance teams time and money.

AP 100
article thumbnail

How to Become a Tax Preparer in Florida

Intuit

Table of Contents What Is a Tax Preparer? What Does a Tax Preparer Do? How to Become a Tax Preparer in Florida Tax Preparer Training Current Openings for Tax Preparers Tax preparers are at the forefront of the financial world. Without them, businesses would essentially be left out in the lurch when it comes to handling tax regulations. The sheer weight of accurate filing would consume resources they don’t have, and they’d likely incur a number of unnecessary compliance penalties to add insult

Tax 100
article thumbnail

Cybersecurity in Accounting: 4 Industry Experts Share Their Insights

Ace Cloud Hosting

“It takes 20 years to build a reputation and a few minutes of cyber-incident to ruin it.” ― Stephane Nappo As technology is rapidly evolving, so is the dependency on.

article thumbnail

Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

article thumbnail

ProAdvisor CRM Survey Request

Insightful Accountant

Insightful Accountant wants your input on CRMs that you may use, refer to your clients, implement for your clients, or you are certified in. Please take 5 minutes to complete a very brief 3 question survey.

article thumbnail

Cloud in Legal Industry – Benefits and Use Cases

Ace Cloud Hosting

There has been a significant shift to cloud-based solutions across the legal industry in the last several years. The adoption of cloud technology in law firms is on the rise.

69
article thumbnail

Limited Partners Can No Longer Avoid Self Employment Tax

Insightful Accountant

The Tax Court's recent ruling in Soroban Capital Partners has significant implications for determining whether a limited partner's distributive share qualifies for the self-employment tax exception under Section 1402(a)(13).

Tax 52
article thumbnail

How Small Retailers in Singapore Can Manage Serial Returners Effectively

Counto

How Small Retailers in Singapore Can Manage Serial Returners Effectively As a small business owner in Singapore, you know that serial returners—customers who frequently buy and return items—can be a significant challenge. These customers often exploit lenient return policies, impacting your profitability and operational efficiency. In this blog, we’ll explore practical strategies tailored for small retailers in Singapore to effectively manage serial returners while maintaining a positive custome

Payroll 52
article thumbnail

Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

article thumbnail

You Only Need These 4 Things to Have a Great Firm

Future Firm

Discover the 4 crucial elements to focus on for business growth. Nail these, and you'll likely become a super happy firm owner—find out how! The post You Only Need These 4 Things to Have a Great Firm appeared first on Future Firm.

article thumbnail

New NetSuite SuiteProjects Pro

Insightful Accountant

NetSuite has Introduced new AI-Powered Project Management Capabilities to bolster the 'suiteness' of SuiteProjects and anticipate risk, accelerate planning, and increase productivity.

52
article thumbnail

Mastering Reimbursable Expenses: A Quick Guide for SMEs in Singapore

Counto

Mastering Reimbursable Expenses: A Quick Guide for SMEs in Singapore As a small business owner in Singapore, managing reimbursable expenses effectively is crucial for maintaining financial health and employee satisfaction. This guide provides a concise overview of common reimbursable expenses, the reimbursement process, tax implications, and the importance of clear policies. 1.

article thumbnail

Streamline Your E-commerce Bookkeeping with MyWorks Software with Peter Leonard

Insightful Accountant

In this episode of the Accounting Insiders Podcast, host Peter Leonard introduces MyWorks Software, an innovative tool designed to automate e-commerce bookkeeping for online businesses.

article thumbnail

Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

article thumbnail

How to set up financial document automation

Nanonets

Financial document automation is not just changing the game – it's rewriting the rules.  From multinational banks and big accounting firms to local insurance agencies and small healthcare providers, businesses of all sizes process hundreds and thousands of financial documents daily. The sheer volume of paperwork can be overwhelming, time-consuming, and prone to errors.

article thumbnail

How To Edit Engagement Letters in Drake Software

Ace Cloud Hosting

Drake tax software offers several features to manage e-filing and tax preparation. One such useful feature is “Engagement Letters.” Editing engagement letters in Drake Software is a quick process, but.

Tax 52
article thumbnail

NetSuite Document Management

Tipalti

One of NetSuite‘s key business processes is a document management system. The tool enables you to add reference documents to any record to simplify your audit trail. This facilitates year-end accounting and helps to organize files.

article thumbnail

House passes taxpayer privacy bill after Trump and billionaire tax leaks

Accounting Today

House lawmakers voted to stiffen the penalties for making an unauthorized disclosure of tax information to prevent the future theft and disclosure of Americans' private tax information.

Tax 321
article thumbnail

Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

article thumbnail

Accounting Software for SaaS Companies

Tipalti

See which accounting software SaaS companies choose to help with subscription management, billing automation, revenue recognition, and ensuring compliance.

article thumbnail

NetSuite Import Transactions

Tipalti

Each of these import options will create different record types (with an internal ID), but the data remains the same.

40