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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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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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.

Budgeting 305
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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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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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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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Tax Fraud Blotter: But we just sat down

Accounting Today

The gang's all here; not in good hands; lack of redemption; and other highlights of recent tax cases.

Tax 304
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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.

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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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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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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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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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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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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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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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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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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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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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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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5 Effective Strategies for Getting Clients to Pay Invoices on Time

Enterprise Recovery: Accounts Receivable

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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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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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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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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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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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.