Mon.Jan 06, 2025

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The decline in accounting majors: What's behind the shift?

Accounting Today

If accounting is to survive as a viable career path, universities and business schools must adopt a more proactive stance.

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Top 10 Collection Reminders Writing Tips

Gaviti

Managing accounts receivable can be challenging, but having a structured approach to writing collection reminders can make a significant difference. Many businesses that have embraced automated tools such as payment reminder software are able to simplify this process with dunning emails and late payment reminder templates that ensure consistency, save time, and improve efficiency.

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PCAOB imposed $35M in fines in 2024

Accounting Today

The Public Company Accounting Oversight Board ramped up enforcement, modernized standards, enhanced inspections and expanded engagement in 2024.

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Need-to-Know Nonprofit Trends for 2025

AvidXchange

In 2025, nonprofits stand at the crossroads of opportunity and challenge, navigating a rapidly evolving technological landscape. As organizations dedicated to fulfilling vital community needs, they face unique pressures to adapt while maintaining their core mission. Based on our review of industry research, three pivotal trends the increasing use of artificial intelligence (AI), the adoption of electronic payment methods, and the critical need for robust cybersecurity may reshape elements of t

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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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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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Letters to the Editor: A pipeline problem solution, and more

Accounting Today

Readers weigh in on recent articles, and the major trends impacting the profession.

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What Is a Promissory Note? Examples and Uses

Fit Small Business

A promissory note is a legal document that illustrates a written promise between two partiestypically a borrower (the note’s payee) and a lender (the notes issuer or maker)that states the terms and conditions of a financing agreement. It defines elements such as the principal loan amount, interest rate, maturity date, repayment schedule, collateral requirements, and.

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5 Tech Trends in Finance to Watch in 2025

NextProcess

Our world is shaped by technology, now more than ever before. As we head into the new year, how will technology shape the financial departments of modern companies? I cant tell you the future, but finance professionals can look at trends in the modern business world and predict what we might see in the new year. In 2025, we can expect to see more and more companies automating and digitizing, especially with cloud-based software.

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UHY merges in TBR and Botz Deal

Accounting Today

UHY is expanding its presence in Michigan and Missouri by combining with two firms: Tama, Budaj & Raab and Botz Deal & Co.

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Streamline AP in SAP Business One: A Guide to Full Automation

Tipalti

Learn how to implement AP automation for SAP Business One to streamline accounts payable, improve accuracy, and enhance workflow efficiency.

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Audit firms urge SEC to reject PCAOB metrics and reporting standards

Accounting Today

Auditing firms are asking the SEC to reject the Public Company Accounting Oversight Board's recent standards on firm and engagement metrics and firm reporting.

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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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QuickBooks Desktop Mobile App Survey

Insightful Accountant

Have you noticed a change in the functional capability of the QuickBooks Desktop Mobile App? I've had reports that the app's OCR (optical character reading) functionality isn't working for 'Receipts' or 'Bills' snapped for upload.

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3 oil and gas investments that bring big tax savings

Accounting Today

Wealthy clients and other accredited investors should consider drilling deductions, opportunity zones and 1031 exchanges in 2025, an expert says.

Tax 130
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2025 ProAdvisor Awards Application Process Continues

Insightful Accountant

You can still 'apply' for the the 2025 ProAdvisor Awards through the closing date on February 11, 2025 when all applications must be completed.

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Art of Accounting: Make 2025 your best year ever

Accounting Today

You need to offer more services to your current clients and then to new clients.

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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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7 Businesses We HATE to Work With

CSI Accounting & Payroll

If youre like me, when youre shopping for a service, you do a little research to make sure youre the kind of client they want to work with. That might even be why youre reading this right now!

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What is the difference between sole proprietorship and LLC?

Black Ink Tax & Accounting

Table of Contents What is the difference between sole proprietorship and LLC? When looking to start a business, one of […] The post What is the difference between sole proprietorship and LLC? appeared first on bitaccounting.

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The 10 Best Accounting Software Solutions for Education

Tipalti

Discover the top accounting software solutions for education, which streamline global instructor payments, automate processes, and simplify tax compliance.

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When does Tax Season start 2025 filing: Key Dates to File Taxes and Deadlines

Black Ink Tax & Accounting

Table of Contents When does Tax Season start 2025 filing: Key Dates to File Taxes and Deadlines Tax season is […] The post When does Tax Season start 2025 filing: Key Dates to File Taxes and Deadlines appeared first on bitaccounting.

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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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Beste Software für Beschaffung und Einkauf in 2025

Tipalti

Sind Sie bereit, Ihren Beschaffungsprozess zu modernisieren und Ihre Buchhaltung durch Automatisierung zu entlasten? Dann lesen Sie mehr ber die beste Software fr Einkauf und Beschaffung in der DACH-Region in 2024.

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6 Reasons to Go to Community Summit Roadshow

Fidesic blog

Have you heard of Dynamics Communities Summit Roadshow? It's a series of 1-day FREE regional conferences for Microsoft Dynamics users. Here's 6 Reasons to go. 1. Theyre Free Simple as that. Attending learning conferences and trade conventions is an important part of growing a business, from training up your team, to partner networking and selling on the floor.

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Top Side Hustles in Singapore for SMEs Looking to Boost Their Income

Counto

Top Side Hustles in Singapore for SMEs Looking to Boost Their Income As a small business owner in Singapore, you may be wondering how to boost your income and achieve your financial goals. Side hustles are a great way to do just that, providing additional income without overwhelming your busy schedule. Whether youre looking to reinvest in your business, pay off debt, or save for the future, there are countless opportunities in Singapore to help you earn extra income.

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Trump's major legislative agenda will pass by May, Johnson says

Accounting Today

Johnson said the massive bill would address issues such as border security, including money for the mass deportations of undocumented immigrants; and an extension of the 2017 Trump tax cuts.

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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.