Wed.Dec 11, 2024

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The 2024 Top 100 People: The most vital issues in accounting

Accounting Today

Accounting's most influential outline the profession's biggest challenges.

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Navigating the Hidden Costs of Business Decisions: The Crucial Role of Opportunity Cost

Accounting Department

In the dynamic world of entrepreneurship and business management, every decision you make can significantly impact your business's trajectory. Whether it's choosing between investing in new technology or expanding your product line, the choices are endless and often complex.

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PCAOB sees signs of improvement in audit quality

Accounting Today

Auditing firms appear to be making headway on fixing some of the problems identified by the Public Company Accounting Oversight Board.

Auditing 278
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FOCUS Sandbox and sample data available now

FinOps Foundation

Key Insight: To support the adoption of FOCUS , the FinOps Foundation has augmented the Use Case Library with the introduction of the FOCUS Sandbox. FinOps Practitioners can use this sandbox to run SQL queries on actual (anonymized) FOCUS billing data to gain a clear understanding of what FOCUS data looks like, and the real-world insights it yields.

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Breaking Ground on Better Payment Processes: Strategies for Construction Pros

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

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Modernized e-File system slates shutdown for December

Accounting Today

IRS Business Modernized e-File system will partially and temporarily offline for maintenance just before the end of the year.

Tax 259
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What to Look Out for in 2025: Finance, Purchasing & AP Automation Trends

Compleatable

The world of finance, purchasing, and accounts payable (AP) automation is transforming rapidly, and 2025 is set to bring even more significant changes. To stay ahead, businesses must be prepared to embrace cutting-edge technology and strategies that enhance efficiency, reduce costs, and foster resilience. Heres what to watch for in the coming year: The Rise of Hyper-Automation in Finance Automation is no longer a novelty; in 2025, hyper-automation will dominate.

AP 100

More Trending

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What to Look Out for in 2025: Finance, Purchasing & AP Automation Trends

Compleatable

The world of finance, purchasing, and accounts payable (AP) automation is transforming rapidly, and 2025 is set to bring even more significant changes. To stay ahead, businesses must be prepared to embrace cutting-edge technology and strategies that enhance efficiency, reduce costs, and foster resilience. Heres what to watch for in the coming year: The Rise of Hyper-Automation in Finance Automation is no longer a novelty; in 2025, hyper-automation will dominate.

AP 100
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Maximize tax benefits with year-end tax planning

Accounting Today

With changing tax regulations and incentives, staying informed about the latest updates is crucial for optimizing client outcomes.

Tax 230
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How to Deduct Meals and Entertainment in 2025

Billah and Associates

Meals and entertainment (M&E) expenses are often incurred by businesses, but they can be confusing to deduct. To ensure you’re maximizing your deductions, it’s essential to understand the specific rules and regulations. As a business owner, maximizing tax deductions is crucial for maintaining healthy financials. In 2025, meals and entertainment deductions might offer valuable savings when handled correctly.

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CAS practices grow 17%

Accounting Today

The American Institute of CPAs and CPA.com released their 2024 CAS Benchmark Survey.

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The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

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How to Avoid Hidden Cloud Costs: A Must-Know for Startups

Economize

Cloud computing simplifies IT management for startups. It does not require large upfront investments and has the scalability to adapt to changing business needs. It easily adapts to emerging technologies. like machine learning and generative AI. However, keeping your cloud budget under check is often a challenge for many new startups.

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Franklin Alliance offers PE alternative to small firms

Accounting Today

The Franklin Alliance, a venture capital-backed operating company, acquired Bement & Company, offering small firms an alternative way to scale outside of private equity.

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Murph's Payroll App Comparison is Today

Insightful Accountant

At today's 'Be Insightful' Premium Content App Comparison, Murph will be reviewing fourteen Payroll Solutions that work with QuickBooks or Xero, as well as other general ledgers. You can still register for the 3:00 PM (Eastern) Webinar.

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Springline Advisory adds HM&M and Clark, Raymond

Accounting Today

The private equity-backed firm invested in HM&M Advisory, based in Dallas, and Clark, Raymond & Company in Redmond, Washington.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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Increasing Your Prices Without Changing Service Levels

Future Firm

Many firm owners struggle with raising prices for underpaying clients. Discover the challenges involved and how to overcome them. The post Increasing Your Prices Without Changing Service Levels appeared first on Future Firm.

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Certinia touts enhanced analytics, AI, automation in latest release

Accounting Today

Financial operations platform Certinia announced its latest release, featuring new enhancements to its professional cloud as well as bolstered AI, analytics and automation capacities.

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Can you go to jail for not filing taxes

Black Ink Tax & Accounting

Table of Contents Can you go to jail for not filing taxes It is important to respect the law. Not […] The post Can you go to jail for not filing taxes appeared first on bitaccounting.

Tax 52
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2024 Top 100 People extra: AI, PE and other concerns

Accounting Today

As part of this year's Top 100 Most Influential People survey, Accounting Today asked, "What is the most important issue currently facing the accounting profession?

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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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10 Invoicing Software Every USA Business Should Know About

Invoicera

Managing invoices can sometimes feel a tough task, much like a performance of trust where an error could lead to a complete disaster! Invoicing is considered an essential need and not a mere want for owners of small and medium enterprises across the United States of America. Recent statistics reveal that 61% of late invoice payments in the U.S. are due to manual processing errors, highlighting the critical need for efficient invoicing solutions.

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Macy's shares fall after profit hit by accounting error

Accounting Today

The retailer trimmed its profit outlook after concluding its investigation into an employee plot to hide millions of dollars in expenses.

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The Side Hustle Generation: Gen Z and Millennials Redefine Financial Success

Intuit

The multiple gigs hustle is alive and thriving among Gen Z and millennials. According to Intuits latest consumer survey, The Side Hustle Generation: Gen Z and Millennials Redefine Financial Success, nearly two-thirds of 18-35-year-olds have started or plan to start a side hustle as an addition to another form of income. Even more telling, 65% of them intend to carry their entrepreneurial ventures into 2025.

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7 Best Asana Alternatives & Competitors in 2025

Fit Small Business

Asana is a leading project management tool known for its user-friendly interface and task coordination across teams and projects. However, based on our review, it lacks real-time collaboration features, native time tracking, and advanced automation for scaling businesses. Fortunately, many Asana alternatives offer competitive pricing, robust free plans, and tailored features to suit various needs.

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

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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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Bessent to meet Senators as he preps for Treasury Secretary vote

Accounting Today

Republicans seek to pass sweeping legislation that renews Trump's 2017 tax overhaul and eliminates taxes on tips, overtime pay and Social Security benefits.

Tax 130
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What Is Recommerce? 2025 Small Business Guide

Fit Small Business

Recommerce offers a promising business model that caters to both budget-friendly shopping and the growing demand for environmentally responsible retail options. This introductory guide will walk you through the essentials of recommerce and explore how it can benefit your business and customers. How Does Recommerce Work? Recommerce entails selling used or pre-owned productsanything from electronics.

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Biden defends economic record, says Trump plans threaten growth

Accounting Today

President Joe Biden warned that Republican Donald Trump's plans to extend tax cuts and reshape global trade through tariffs risked reversing economic gains.

Tax 130
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What Is Revenge Spending? Everything Retailers Should Know

Fit Small Business

Revenge spending or revenge buying is the phenomenon wherein consumers spend more money than usual after they are denied spending opportunitiesfor example, as a response to challenging economic situations or collective crises. Consumers could see it as making up for lost time. Because revenge spending drives increased demand for goods and services, understanding this phenomenon.

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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.