Fri.Sep 15, 2023

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Are accountants losing the ESG market?

Accounting Today

Reporting and assurance around sustainability disclosures are a natural fit for the profession — but it's attracting other players, too.

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Building Inclusion: setting a path to success for Latinos in tech

Intuit

Tell us a little bit about yourself and what brought you to Intuit. I was born and raised in Lima, Peru, and moved to the US when I was 19 for college. I graduated from UC Berkeley and have been working in project/program management focused in tech since graduation. My friend worked at Intuit and her team was looking for a technical program manager, and the rest is history.

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IRS aims to expand tax certainty programs for big business

Accounting Today

The Internal Revenue Service is asking for comments from business taxpayers and their advisors about ways to improve and expand its programs for resolving tax issues upfront before companies run into compliance problems.

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How this accounting firm nearly doubled productivity and reinvested the time in its team

Xero

The one thing accountants and bookkeepers are always short on is time. Balancing client work, advisory, admin and growing their own teams, all whilst trying to run a profitable practice. This can take its toll on accountants, with our recent State of Accounting research in South Africa revealing that two thirds (64%) experience stress as a result of work and face continued challenges like loadshedding (75%) and economic instability (71%).

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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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Tech News: Intuit introduces subscription-free QuickBooks Money

Accounting Today

Plus, TaxBuzz launches AI-powered "vertical" search engine powered by professionals; and other accounting technology news.

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A NEW Podcast is here! | Beyond the Books by AccountingDepartment.com

Accounting Department

Exciting news! We're thrilled to announce that Episode 1 of our NEW podcast, Beyond the Books , is now live and ready for your listening pleasure.

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4 Things Not to Do When Your Business is Audited

Nolan Accounting Center

Most of the time, small business returns are not audited. However, in recent years, the IRS has gotten more active. In November 2021, the IRS announced that audits would increase by 50% in 2021. In August 2022, the Inflation Reduction Act was passed, which included $80 billion in funding for the IRS, with approximately $45 billion of that going towards enforcement.

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On the move: EisnerAmper adds forensic, litigation and valuation partner

Accounting Today

RSM appoints new CFO; GSCPA raises $347K for food banks statewide; and more news from across the profession.

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Invoice to Payment: How to Streamline Accounts Receivable Workflows

Enterprise Recovery

Did you know that by optimizing your accounts receivable workflow, your cash flow can be boosted? Streamlining your processes and utilizing technology helps with faster payment cycles, fewer mistakes, and improved financial forecasting. Let's start with some best practices for improving your A/R - from invoicing to payment. How to streamline your accounts receivable workflow.

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Inspire Gen Z and millennial accountants through better engagement

Accounting Today

What can firms do to help young professionals get excited about accounting? The answer lies in engagement.

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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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Andrew Van De Beek Interviews Sabby Gill

Dext

During a recent trip to Australia to attend Xerocon Sydney and meet with Dext Australia’s partners, our CEO Sabby Gill was interviewed by Andrew Van De Beek FCA.

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11 reasons to hire a fractional CFO

Accounting Today

Access to expertise on a timely basis — and no full-time commitment — are just some of the benefits of outsourcing financial leadership.

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Streamline Your Business: Getting Back on Track with Bookkeeping Express

Bookkeeping Express

Running a small business can be challenging, and two things that often get pushed to the back burner are bookkeeping and taxes. Keeping tabs on your business finances is super important, but let’s face it, many small business owners end up in a bit of a mess when it comes to this stuff. That’s where Bookkeeping Express (BKE) can swoop in to save the day and sort out your financial chaos.

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Accountants on new FASB crypto standard: 'About time'

Accounting Today

Software vendors also lauded the board's new cryptocurrency standard as a worthy first step.

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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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GCP Compute Engine – 6 Storage Classes & Pricing Guide

Economize

When it comes to cloud computing, storage is a critical component. Google Cloud Platform (GCP) offers a variety of storage options to meet the needs of different workloads, from small-scale web applications to large-scale data processing.

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Ken Griffin subpoenas ProPublica over secret tax returns leak

Accounting Today

The hedge fund billionaire has subpoenaed the investigative news site and five of its journalists for documents related to the publication of reports that detailed his tax information.

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Do accountants enjoy what they do?

Accounting Fun

Do accountants enjoy what they do? Accountant one: You can't make a career out of doing something that you really enjoy as that would spoil it. It would cease to be pleasurable and it would become drudgery. Accountant two: That's why we became accountants. It's something one isn't in danger of enjoying too much!

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Should Credit and Collections Be One?

NACM

?️ On today's episode of Extra Credit: A recent eNews poll revealed that 34% of departments separate credit and collection functions. Regardless of the chosen strategy, open communication and well-defined procedures are essential to ensure the success of either approach.

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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.

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Managing Real Estate Assets: Best Practices in Accounting and Reporting

Outsourced Bookeeping

Managing the assets in a real estate business are truly bound with certain risk factors. In a world where hardly anyone can be trusted in managing your accounts for the real estate business dealings, accounts management and financial statements management can be highly stressful and tedious. We, at Outsourced Bookkeeping follow a thorough process of managing accounts payable processing for your real estate business by outsourcing real estate bookkeeping services.