Fri.Nov 22, 2024

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Board members need more audit and finance skills

Accounting Today

Audit and finance skills are heavily in demand on corporate boards, according to a survey by BDO.

Auditing 312
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Accounts Payable Procedures and Policies Manual & How to Create One

Fidesic blog

Accounts payable is a roller coaster… Ok, maybe it’s not quite that exciting, but those of us who work in AP everyday know how volatile it can be. We also know the dangers that a poorly managed accounts payable process can pose. With that in mind, this post will offer up some tips and best practices to create a killer accounts payable procedures policy handbook.

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AICPA wary of new PCAOB firm metrics standard

Accounting Today

The American Institute of CPAs is still concerned about the Public Company Accounting Oversight Board's new firm and engagement metrics standard, despite some modifications from the original proposal.

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FinOps X Europe 2024 – Day 1 Keynote

FinOps Foundation

Key Insight: The practice of FinOps continues to evolve around several key themes that all point to its deeper integration into existing processes, business frameworks, and technology environments. Across the globe from the Americas, to Europe, and to Asia, FinOps is shaping up to be the driver of value realization for all kinds of organizations. The FinOps Foundation was thrilled to bring FinOps X to Europe this year, where we found a community eager to engage with and learn from each other.

FinOps 130
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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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Tech news: Intuit announces Intuit Assist for QuickBooks

Accounting Today

Plus, Deloitte releases four new accelerators on Workiva marketplace; KPMG invests $100 million in Google Cloud Alliance; and other accounting tech news.

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Setting Up an Accounts Payable Policy and Procedures Manual

Fidesic blog

Accounts payable is a roller coaster… Ok, maybe it’s not quite that exciting, but it’s not the wet blanket that some people think it is (looking at you sales team). Those of us who work in AP everyday know how volatile it can be and the dangers that a poorly managed accounts payable process can pose. With that in mind, this post will offer up some tips and best practices to create a killer accounts payable procedures policy handbook.

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How Changing AI is Transforming Fraud Detection and Prevention

oAppsNet

Artificial Intelligence (AI) is evolving rapidly, revolutionizing how industries operate, and the fraud detection landscape is no exception. With the increasing sophistication of fraud tactics, traditional systems have struggled to keep up. But with AI’s ability to learn, adapt, and analyze massive datasets in real time, organizations are starting to turn the tide against fraudulent activity.

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Tax Fraud Blotter: Partners in crime

Accounting Today

Captive audience; some disagreement; game of 21; and other highlights of recent tax cases.

Tax 278
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Starting a Cloud Kitchen in Singapore: Legal and Financial Considerations

Counto

Starting a Cloud Kitchen in Singapore: Legal and Financial Considerations Starting a cloud kitchen in Singapore offers a unique opportunity to tap into the booming food delivery market. This business model allows you to operate a kitchen without a physical storefront, focusing on delivery-only services. To ensure success, it’s crucial to understand the legal and financial considerations involved in setting up a cloud kitchen.

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ACFE marks International Fraud Awareness Week

Accounting Today

More than 1,400 organizations across the world are educating their communities about the threat of fraud and scams and how to stay safe.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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In the Paper-To-Digital AP Transformation Race, Are You Winning?

NextProcess

The history of accounts payable (AP) automation began in the 1960s, with electronic data interchange (EDI) and continues today with new innovations like machine learning and artificial intelligence poised to continue transforming AP. Despite constant technological improvements, many companies havent kept up with all the innovations. Thats understandable.

AP 52
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On the move: KSM hired director of IT operations

Accounting Today

Hannis T. Bourgeois celebrates 100 years with charitable initiative; KPMG and Moss Adams release surveys; and more news from across the profession.

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Top Accounting Challenges for SMEs in 2025

Outsourced Bookeeping

In today’s business landscape, small businesses will have to face loads of challenges. Among these challenges, accounting and financial management can pose serious problems for most firms. Thus, it is vital that Small businesses understand these specific challenges and act accordingly. Now, businesses can be strategic and hire external services to manage their accounting complexities.

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Tax scheme star witness clams up at his own €428M trial

Accounting Today

Kai-Uwe Steck, who spilled the beans to German prosecutors and TV viewers about the Cum-Ex scandal, turned silent at a trial into his own alleged role.

Tax 130
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Building a Business Case for Finance Automation

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

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Holistic Hiring: Closing the Gaps in Your Recruitment Strategy

Insightful Accountant

You can earn CPE Credits while you learn from Michelle LeBlanc and Keely Collins Pate about how recruiting top talent in finance and tax is more competitive than ever. This webinar explores how to approach hiring holistically.

Tax 52
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UPS hit with $45M penalty by SEC over improper valuation

Accounting Today

The company failed to follow GAAP when it evaluated its less-than-truckload operations in 2019 and 2020.

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QuickBooks Bill Pay Review & Pricing

Fit Small Business

QuickBooks Bill Pay is an accounts payable (A/P) automation tool within QuickBooks Online. It allows you to send checks and ACH payments to vendors, and your vendors can accept the payments without enrolling in QuickBooks Bill Pay. I find it similar to other online bill pay services like BILL and Melio, but QuickBooks Bill Pay. The post QuickBooks Bill Pay Review & Pricing appeared first on Fit Small Business.

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Intuit falls after giving tepid outlook despite new AI tools

Accounting Today

The financial software company is working on implementing artificial intelligence features through its applications including tax preparation program TurboTax.

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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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Technology Q&A With Four of Tipalti’s Most Innovative Customers

Tipalti

The Tipalti Customer Awards aim to recognize customers who are empowering their organizations with streamlined and automated financial operations.

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Franchise vs. Independent: How to Incorporate Your F&B Business in Singapore

Counto

Franchise vs. Independent: How to Incorporate Your F&B Business in Singapore Starting a food and beverage (F&B) business in Singapore is an exciting opportunity, but deciding whether to go down the franchise or independent route is crucial. Both options offer unique advantages and challenges, and understanding these differences will help you make the right decision for your business.

Tax 40
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PayPal Fees EU

Tipalti

Explore a complete list of PayPal fees for European organisations in 2024, including consumer and merchant rates, domestic vs. international fees, and strategies to minimise costs.

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True story about an ex-chartered accountant

Accounting Fun

True story - An accountant in his sixties sells part of his practice. He keeps a few favoured clients and stops paying his Institute subs. He tells a friend that "My clients don't care whether I keep paying my subs etc and I don't need the pressure of prospective visits from the Practice Assurance team - or anyone else." The friend reminds him that he won't be able to describe himself as a Chartered Accountant any more or to give references that rely on that description.

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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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W9 Automation

Tipalti

Automated W9 management helps tremendously with tax compliance but there are several other factors that make digitization an attractive strategy. Automation cuts down on incorrect information and speeds up the entire process. It facilitates invoice management and vendor finances.

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What is Climate Action Incentive Payment

Billah and Associates

About Climate Action Incentive Payment (CAIP) / CCR The Climate Action Incentive Payment (CAIP) also known as the Canada Carbon Rebate (CCR) is a federal tax-free benefit introduced to offset the cost of the federal carbon pricing system. Essentially, it returns proceeds from carbon taxes directly to individuals and families. The program aims to incentivize greener choices and make sustainable living more accessible and affordable.

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Best AP Automation for NetSuite – UK

Tipalti

Ready to get more out of NetSuite? Learn about the best AP automation integrations that seamlessly connect with Netsuite for a holisitc, end-to-end payables experience.

AP 40
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FinOps X Europe 2024 – Day 2 Keynote

FinOps Foundation

Key Insight: Day 2 of FinOps X Europe was full of FinOps, FOCUS, and sustainability content. We were reminded that while a lot of organizations have been on their FinOps journeys for many years, others are still getting started. FOCUS is making an impact already today, but there is unlimited potential for the Specification to support additional use-cases in the future, such as normalizing carbon emissions data.

FinOps 130
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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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How to Incorporate a Restaurant Business in Singapore: A Step-by-Step Guide

Counto

How to Incorporate a Restaurant Business in Singapore: A Step-by-Step Guide Incorporating a restaurant business in Singapore is an exciting venture, but it requires navigating several legal steps and regulatory requirements. Whether you are a local or foreign entrepreneur, understanding the process of registering a business and obtaining the necessary licenses is crucial.

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Billionaire Ken Griffin says he's wary of Trump's tax-cut and tariff agenda

Accounting Today

He believes Republicans should be mindful of the effect of tax cuts on the growing national debt.

Tax 130
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Incorporating a Café in Singapore: Key Steps and Compliance Requirements

Counto

Incorporating a Café in Singapore: Key Steps and Compliance Requirements Opening a café in Singapore is an exciting venture that blends passion with business opportunity. However, to ensure success, it’s essential to navigate the complexities of business incorporation, licensing, and compliance with health and safety standards. To simplify this process, consider utilizing a company incorporation service that can guide you through the necessary steps and requirements.

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Setting Up a Food Truck Business in Singapore: What You Need to Know

Counto

Setting Up a Food Truck Business in Singapore: What You Need to Know Starting a food truck business in Singapore offers a unique opportunity to enter the dynamic food scene while keeping costs manageable. However, it’s crucial to understand the business model, licensing requirements, and operational considerations before you begin. To streamline the process, consider utilizing a business registration service that can help you navigate the necessary paperwork and compliance requirements.

Tax 52
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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.