Thu.Mar 21, 2024

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SEC charges advisors over misleading AI claims

Accounting Today

The Securities and Exchange Commission has charged two separate investment advisors for severely overstating their use of AI and machine learning for financial advice.

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To franchise or not to franchise: What should a business consider before taking the leap?

Xero

Dive into the world of franchising in this Q&A with Lime Licensing ’s CEO, Andy Cheetham, as he shares his expertise, insights, and advice for businesses looking to franchise. How can a business determine if its model is suitable for franchising? Franchising is all about replication. If your current business can create a clone of itself in another location then it’s likely that your clone could be a franchise, provided it can be profitable of course!

XERO 288
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Lawmakers question Biden budget proposals as tax experts plan ahead

Accounting Today

The Senate Finance Committee held a hearing to discuss the Biden administration's recently unveiled budget and tax proposals, as tax experts try to predict what will happen after the election.

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Maximizing Financial Operations with Outsourced FP&A

Accounting Department

This comprehensive guide illuminates the value proposition that outsourcing Financial Planning and Analysis can offer to small and medium-sized businesses.

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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

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Deadline looms Friday for ERC voluntary disclosure program

Accounting Today

The Internal Revenue Service is urging businesses that have filed claims for the Employee Retention Credit to make sure they didn't incorrectly claim the credit and to come forward if they did.

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Key 2024 Changes to the FinOps Framework

FinOps Foundation

Key Insight: The FinOps Framework has been updated to reflect the present-day practice of FinOps and to better align activities with best practices that maximize the business value of cloud. The 2024 revisions include updates to the definition of FinOps, changes to simplify the Framework organization, improvements to the Domain and Capability names, and an augmented set of Personas and Capabilities that are central to modern FinOps practices.

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More Trending

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How to select an Accounts Receivable Automation solution

Cevinio

Transform your Accounts Receivable processes with the right automation solution. Learn how to choose the best AR automation tool to boost efficiency, accelerate payments, and optimize cash flow.

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The changing role of the CFO

Accounting Today

The modern chief financial officer is increasingly tasked with risk management, including identifying and mitigating various risks such as cyberthreats and regulatory compliance issues.

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Beyond Survival: Transforming the Busy Season with AI and Proactive Strategies

Insightful Accountant

Contributing Author Katie Thomas, CPA shows you how you can not only make it through "the busy season' by help future-proof your firm by adopting AI and proactive strategies.

CPA 111
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Mike Lynch jury told of staff fired after raising red flags

Accounting Today

A former employee of U.K. tech mogul Mike Lynch's Autonomy Corp. told jurors at his U.S. criminal trial that she and one of her higher-ups were both fired after flagging concerns about accounting irregularities.

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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.

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Beyond Survival: Transforming the Busy Season with AI and Proactive Strategies

Insightful Accountant

Contributing Author Katie Thomas, CPA shows you how you can not only make it through "the busy season' by help future-proof your firm by adopting AI and proactive strategies.

CPA 98
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FASB clarifies guidance on profits interest awards

Accounting Today

Businesses will get help determining whether profits interest and similar awards should be accounted for as share-based payment arrangements.

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Balance Daily Life Coaching Might Just Be For You

Insightful Accountant

We've all heard of 'life coaches', but a CPA turned Life Coach who specializes in coaching CPAs to "bring a sense of calm to their lives" WOW!

CPA 102
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Top 7 Benefits of UltraTax Cloud Hosting You Cannot Ignore in [2024]

Ace Cloud Hosting

UltraTax CS by Thomson Reuters is a popular tax preparation and filing software with advanced features. However, with a local UltraTax setup, you get limited data accessibility. You get stuck.

Tax 90
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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.

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Top Remote Accountants for Hire | March 21, 2024

accountingfly

Remote Accounting Candidates This Week Are you struggling to hire remote accountants? Accountingfly is ready to partner with you. With Always-On Recruiting , you can gain full access to a pool of highly skilled and experienced remote accountants. Plus, there’s no up-front cost! Below is a small selection of our available top accounting candidates this week.

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5 Effective Strategies for Getting Clients to Pay Invoices on Time

Enterprise Recovery

Are you finding it challenging to get your clients to pay their invoices on time? Delays can be frustrating, impacting your cash flow and potentially causing financial strain. Several effective strategies can be implemented to streamline your payment process and ensure timely payments from your clients. Check out these five effective strategies to improve your payment process and boost your cash flow.

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Chris Sabby and John Witherspoon from Drake Software on Enhancing Customer Experience & Security Standards

Insightful Accountant

Gary Dehart discusses Drake Software products with John and Chris. John manages Drake Portals, Chris handles Drake Pay. Both focus on customer satisfaction and product improvement through feedback and tech team collaboration.

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How to Accept Check Payments Online

Plooto

Paper checks add extra manual processes to your financial management, creating time wasted on tedious tasks. Luckily, eChecks are an option you can implement that offers more convenience than paper checks.

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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.

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Common SSIC Codes Requiring Licenses

Counto

Common SSIC Codes Requiring Licenses Setting up a company in Singapore? You’ve likely encountered SSIC codes. These codes hold significant weight, shaping your regulatory path in various industries. We’ve put together a guide to help you in determining if you’ll need any extra licenses or permits before launching your operations, based on the SSIC code you’ve selected.

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How to edit scanned documents: 6 quick ways

Nanonets

Scanning paper documents is an essential step in digitization. With  more than half  of small businesses still relying on paper records, you will likely have a stack of receipts, invoices, and contracts you need to scan. But what happens when you need to change those documents after scanning them? Whether it's redacting sensitive information, merging files, or converting formats, sometimes you may need to edit your scanned documents.

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Banks Will Fail & Listener Mail

Cloud Accounting Podcast

Blake and David start with a discussion on Federal Reserve Chairman Jerome Powell's testimony regarding the failure of small and mid-sized banks due to exposure to the commercial real estate sector. They also get into Minnesota's CPA licensure bill for 150-hour requirement alternatives and KPMG's audit findings on the Department of Education and the cost of the federal student loan program.

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What Are Common Accounts Receivable Challenges?

oAppsNet

In business finance, accounts receivable management is critical to financial stability and growth. However, despite its importance, businesses often need help with many challenges. From late payments to invoice disputes and inefficient billing processes, navigating the complexities of accounts receivable management requires finesse and strategic planning.

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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

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Yellen hearing foreshadows tax policy battle as cuts expire

Accounting Today

Treasury Secretary Janet Yellen testified Thursday at a congressional hearing that presaged a partisan battle over tax policy in the coming election, with sweeping reductions set to expire at the end of next year.

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