Thu.Dec 07, 2023

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Audit partners see more use of AI at public companies

Accounting Today

Nearly one-third of public companies are using artificial intelligence in their financial reporting, according to a new survey.

Auditing 331
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Getting the most from a mentoring relationship

Intuit

Working with a mentor can be a powerful way to build your skills, advance your career, and develop a strong professional network. But what’s the best way to go about it? When you make a connection with a role model with time and insights to share, how do you get the most from the opportunity? In our last blog, we talked about why mentorship matters.

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Are special districts too special for meaningful financial data comparisons?

Accounting Today

Municipal bond investors and government regulators could benefit from easier access to consistent, machine-readable financial data from government bond issuers.

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ADC Attends The 2023 Genius Network Annual Event

Accounting Department

Last week, AccountingDepartment.com Co-Founder, Bill Gerber, and Business Development Representative, Shawn Marcum hit the road and attended the Genius Network Annual Event in Scottsdale, AZ.

Billing 204
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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.

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Business leaders worry about risks from economy and inflation

Accounting Today

Economic conditions, including inflationary pressures, topped the list of concerns cited by executives on a new survey.

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Key MLOps processes (part 5): Project initiation, or project initialization

FinOps in Practice

In this article, we describe the block of the scheme, devoted to project initiation, or project initialization. Please, find the whole scheme, which describes key MLOps processes here. The main parts of the scheme are horizontal blocks, inside of which the procedural aspects of MLOps are described. Each of them is designed to solve specific tasks within the framework of ensuring the uninterrupted operation of the company’s ML services.

FinOps 130

More Trending

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Xero Increasing Cost of US 'Cashbook' Subscriptions

Insightful Accountant

Xero will increase the cost of their 'Cashbook' subscriptions for U.S. customers effective March 4, 2024.

XERO 104
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Tax Fraud Blotter: Playing chicken

Accounting Today

A world view; muscle head; in the hunt; and other highlights of recent tax cases.

Tax 294
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ACH vs. Checks vs. Virtual Cards: Key Differences

MineralTree

For accounts payable (AP) teams, vendor payments are the cornerstone of business relationships. Timely, accurate, and convenient payments are not just transactions — they’re the foundation of trust and partnership. In addition to meeting supplier expectations, choosing the right payment method can significantly improve the finance department’s efficiency and productivity.

AP 79
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Tips for using a 'medical IRA' that offers triple the tax savings

Accounting Today

More working Americans have a health savings account, but many are not using them to their fullest potential.

Tax 240
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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.

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Holiday Collection Policy Tips from the RevCycle Heroes

RevCycle

The holiday season is a time for giving and receiving. It’s also a time when many businesses experience an increase in delinquent payments. This can put a strain on your staff and increase your operating expenses. Reducing delinquent payments during the holiday season is crucial for businesses, as it can significantly impact cash flow and profitability.

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IAASB offers audit standard for less complex entities

Accounting Today

The International Auditing and Assurance Standards Board has unveiled a new standard for auditing smaller businesses and organizations.

Auditing 204
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11 Innovative Ideas for Healthcare Entrepreneurs & Startups

Invoicera

The healthcare industry is expected to cross the trillion-dollar mark soon. As per Grand View Research, the global smart healthcare industry is expected to reach a valuation of $144.9 billion in 2022 and increase at a compound annual growth rate (CAGR) of 11.3% from 2023 to 2030. As a result of the global pandemic and […] The post 11 Innovative Ideas for Healthcare Entrepreneurs & Startups appeared first on PixelCrayons.

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KPMG weighs merging UK and Swiss accounting arms to boost growth

Accounting Today

Like other accounting firms, KPMG has been battling a fall in demand for its services caused by the tougher economic climate.

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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.

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Small Business Laws and Rules: The Basics of Accounting Compliance

CSI Accounting & Payroll

When you own a small business, you’re only sure of two things; your business is your passion, and you want to keep its doors open. To keep your company running, you have to follow the rules. At CSI Accounting & Payroll, we’ve helped keep thousands of businesses in compliance for over 50 years. However, we can only offer guidance and suggestions.

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FreshBooks Compatibility Check: 5 Questions to Ensure It’s the Right Fit for Your Client

Outsourced Bookeeping

Picking the right accounting software matters for companies planning to handle their money well. FreshBooks is a popular choice, but it needs to match what each client needs. This guide gives five important questions to check if FreshBooks is right for a client. By thinking about these things, businesses can decide if FreshBooks is the right fit for their money-related matter. 1) How tech-savvy is your team?

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Mastering the Art of Marketing for Your Bookkeeping Business: Proven Strategies for Success

LedgerDocs

Competition can be fierce in the world of bookkeeping. The market may be saturated with bookkeepers to choose from, so mastering the art of marketing is essential to stand out and succeed. In this comprehensive guide, we’ll explore some of the best strategies to use to promote your bookkeeping business, covering everything from understanding your target audience to utilizing paid advertising and the importance of client testimonials.

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Why You SHOULD Get Into Form 1040 Services w/ Trina Rozen

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, host David Cristello interviews Trina Rozen, owner of Trina Rozen CPA. They discuss various topics, including unique ways Trina has structured her firm, pricing strategies, making tax prep profitable, and her opinions on the coaching community. Trina shares insights on dealing with challenging clients and finding success as a solo practitioner in South Pasadena, California.

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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.