Tue.Oct 01, 2024

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Salary guide: Accountants expect disruption, will see average job growth

Accounting Today

LHH's 2025 Annual Salary Guide reports 56% of accounting professionals feel their roles are at risk of disruption by digitalization, automation and AI.

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How Mutual Muse took circular fashion from trend to timeless

Xero

When you think of ‘circular fashion’ you might think of donating your old clothes and items to local charity shops, or online marketplaces. But what about consignment stores that pay you for your most-loved items and offer credit notes that allow you to refresh your wardrobe at the same time? That’s exactly what Kirsta Hawkins, owner of sustainable consignment store Mutual Muse, wanted to bring Australian shoppers when she opened her first store in 2014.

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Is Gen AI creating a pricing conundrum for CPAs?

Accounting Today

As more and more professional services organizations lean on AI-driven tools to enable new ways of working, there is some question as to how this will impact pricing models.

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Consumption-Based Pricing Model Software: 14 Benefits You Don’t Want to Miss

Billing Platform

Consumption-based pricing (also referred to as usage-based pricing) charges based on what you use or consume. This usage-based pricing model charges customers only for the resources consumed. For instance, let’s assume a SaaS company sells cloud-based data storage. Here’s how consumption-based pricing works. The customer uses the data storing software.

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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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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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AICPA asks for tax relief in aftermath of Helene and IRS grants it

Accounting Today

The American Institute of CPAs has sent a letter to the IRS asking for immediate tax relief in the wake of the hurricane, which caused widespread destruction in six states.

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Sara Grafals of Speedway Motorsports Embraces Automation

AvidXchange

“Automation” is a business buzzword for good reason. In this episode of “ The Power of Change ” podcast, AvidXchange Founder and CEO Michael Praeger sat down with Sara Grafals , the senior vice president of regional finance for Speedway Motorsports , to discuss how AvidXchange’s automation tools have saved her team $300K and hundreds of hours of staff time.

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All About Form 941: Employer’s Quarterly Federal Tax Return

CSI Accounting & Payroll

Many small business owners are required to file Form 941 quarterly. Whether you’ve filed before or not, you may still have some questions. There can be a bit of confusion about when you need to use this form!

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Frontrunner in Washington's gov. race defends capital gains tax

Accounting Today

Without an income tax, Washington has one of the most regressive tax systems in the U.S.

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Netgain launches Fixed Asset Solution for ERPs

Insightful Accountant

Netgain has launched 'NetAsset', a fixed asset accounting solution to streamline processes in ERPs.

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Ascend adds Lucas Horsfall

Accounting Today

The private equity-backed platform is adding Pasadena, California-based Lucas Horsfall.

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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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Intuit Updates

Insightful Accountant

Here are a couple of Intuit related updates you may not have seen. Insightful Accountant wants to make certain you know about both of them.

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In the blogs: This might hurt a bit

Accounting Today

Saying 'yes' too much; M&A mania; partners' income spread; and other highlights from our favorite tax bloggers.

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IRS Expands AI-Powered Chatbot Capabilities

Insightful Accountant

The Internal Revenue Service (IRS) is leveraging artificial intelligence (AI) chatbots to enhance taxpayer assistance, with potential implications for tax practitioners and their clients.

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Aiwyn releases PracticeOS for accounting firms

Accounting Today

Aiwyn announced the release of PracticeOS, a vendor agnostic practice management platform specifically for accounting firms.

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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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How to Create Sales Orders on NetSuite using the API

Nanonets

When it comes to running your AR process on NetSuite, one of the most common tasks you'll do is creating sales orders. Manually creating sales orders can be tedious - the NetSuite UI is not very straightforward, and there are further complexities that are present only in the API and not on the NetSuite UI application. However, the complexity of the NetSuite API can be difficult to deal with.

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Prosperity Partners acquires Wiener and Garg

Accounting Today

The Chicago-based accounting business backed by private equity, has completed the acquisition of a tax preparation, planning, advisory and accounting firm based in Rockville, Maryland.

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Comparing QuickBooks License Types: Which One Fits Your Needs?

Ace Cloud Hosting

QuickBooks, designed by Intuit, has always been businesses’ first choice for dedicated and efficient accounting software. It offers a suite of multiple licenses that fit all business sizes, from a.

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Small business job growth dipped in September as wages grew

Accounting Today

Job growth at small businesses moderated slightly in September, but hourly earnings growth reached 3.01%, up from 2.95% in August, payroll provider Paychex reported.

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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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Invoice validation 101: Best practices and automation tips

Nanonets

"Let's just ensure that going forward, all the invoices are forwarded to Mr. X for validation before processing." If only invoice validation were that simple. In reality, it requires systematic checks and balances, not just one person's oversight. Studies show that 25% of invoice errors slip through accounts payable processes undetected despite internal correction efforts.

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Supplier Statement Reconciliation – Steps and FAQ

oAppsNet

Supplier statement reconciliation is a vital process for businesses of all sizes. It involves comparing the records in a company’s accounts payable ledger with the statement provided by a supplier. This process ensures that both parties agree on the amount owed and that all transactions have been accurately recorded. Reconciliation plays a crucial role in maintaining the accuracy of financial records.