Tax extenders bill throws new uncertainty into tax season
Accounting Today
JANUARY 24, 2024
The House Ways and Means Committee reported the text of the Tax Relief for Workers and Families Act after voting last week to advance the bipartisan bill.
Wed.Jan 24, 2024
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Inventory Management Strategies To Maximize Efficiency
Accounting Department
JANUARY 24, 2024
From a manufacturing perspective, inventory is everything for business owners that can significantly impact their financial well-being. That is why effective inventory management is of utmost importance for manufacturers or other businesses that keep things on the shelves.
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SEC to impose tougher rules on blank-check deals
Accounting Today
JANUARY 24, 2024
The agency is adding new financial reporting and accounting requirements for SPAC deals.
Can Finance and Engineering Teams See Eye-to-Eye on FinOps?
FinOps Foundation
JANUARY 24, 2024
Key Insight: Assuring Finance leaders that cloud providers are committed to optimizing (and reducing) the cost of cloud services can help give executives confidence to approve cloud migration and usage. A memorable moment for Jennifer, who is Head of Engineering Excellence, was a conversation with Fidelity’s head of Finance, who explained that she has a personal fiduciary responsibility to ensure the company is spending wisely.
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 With construction projects becoming more complex, outdated processes are no longer sustainable.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.
State sales tax changes could mean more audits
Accounting Today
JANUARY 24, 2024
Businesses are likely to see more sales tax audits in 2024 as a result of changes happening across the states, according to a new report.
How IT Executives Establish a Culture of Accountability from the Top Down
FinOps Foundation
JANUARY 24, 2024
Key Insight: Hosting weekly meetings for engineers to share tips and tricks can help establish a collaborative, cost-conscious culture. Aside from a top-down focus and investment into FinOps, Athene also finds value in hosting a weekly ‘cloud demo’ where engineers share tips and tricks for building applications and addressing FinOps. It helps to establish a cost-conscious culture and a sense of community, while upleveling Athene’s engineers, who have experienced rapid change as Athene went from
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Can FinOps Best Practices Ease Multi-cloud Data Analysis?
FinOps Foundation
JANUARY 24, 2024
Key Insight: Granular data helps Wallace give the right level of visibility to each stakeholder and keep everyone aligned to business goals. Wallace’s biggest challenge is dealing with a lot of different types of data: cost data, asset data, observability data, etc., all of which come from different clouds and different teams using different tools. In order to know if FinOps is “working,” SAP reviews spending and optimization progress on a weekly basis– a process sponsored and supported by leade
Beyond client emails: The rise of resource hubs
Accounting Today
JANUARY 24, 2024
A client resource hub is a dedicated section of your website that serves as an easy-to-skim central repository of information for your clients.
Can FinOps Best Practices Ease Multi-cloud Data Analysis?
FinOps Foundation
JANUARY 24, 2024
Key Insight: Granular data helps Wallace give the right level of visibility to each stakeholder and keep everyone aligned to business goals. Wallace’s biggest challenge is dealing with a lot of different types of data: cost data, asset data, observability data, etc., all of which come from different clouds and different teams using different tools. In order to know if FinOps is “working,” SAP reviews spending and optimization progress on a weekly basis– a process sponsored and supported by leade
ADM unit being probed helped make leaders more than $70M
Accounting Today
JANUARY 24, 2024
The division of Archer-Daniels-Midland that's under investigation for its accounting practices is responsible for less than 10% of the crop giant's revenue. Yet it's had an outsized influence on recent executive bonuses.
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.
Key 2024 Changes to the Definition of Cloud FinOps
FinOps Foundation
JANUARY 24, 2024
Key Insight: The definition of Cloud FinOps is evolving to reflect the practices of more than 16,000 community members who are managing public and private cloud together, incorporating other consumption-based PaaS and SaaS solutions, deepening interactions with sustainability and other IT disciplines, and sharpening focus on the overall business value of cloud.
Fed study says telework has little impact on productivity
Accounting Today
JANUARY 24, 2024
Recent research from the Federal Reserve Bank of San Francisco says that working from home has little relationship with productivity, either positive or negative.
Can Finance and Engineering See Eye-to-Eye?
FinOps Foundation
JANUARY 24, 2024
Key Insight: Assuring executive s that cloud providers are committed to optimizing (and reducing) the cost of cloud services can help give Finance teams confidence to approve cloud migration and usage. A memorable moment for Jennifer, who is Head of Engineering Excellence, was a conversation with Fidelity’s head of Finance, who explained that she has a personal fiduciary responsibility to ensure the company is spending wisely.
Shohei Ohtani's deferred $680M drives home tax and planning lessons for financial advisors
Accounting Today
JANUARY 24, 2024
The superstar player's decision to push back his record-breaking pay intrigued planners who pointed out a bevy of wealth-related questions.
2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)
Advertiser: Paycor
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!
How Do You Establish a Culture of Accountability?
FinOps Foundation
JANUARY 24, 2024
Key Insight: Hosting weekly meetings for engineers to share tips and tricks can help establish a collaborative, cost-conscious culture. Aside from a top-down focus and investment into FinOps, Athene also finds value in hosting a weekly ‘cloud demo’ where engineers share tips and tricks for building applications and addressing FinOps. It helps to establish a cost-conscious culture and a sense of community, while upleveling Athene’s engineers, who have experienced rapid change as Athene went from
Six Things Accountants Wish Their Small Business Clients Knew
Insightful Accountant
JANUARY 24, 2024
Surrounded by a passionate group of QuickBooks Accountants, Bookkeepers and ProAdvisors, Dave Talach asked the question, "What's one thing you wish your small business clients knew?" Here are some of his favorite answers.
Wallace Reviews Data Weekly to See if FinOps is Working
FinOps Foundation
JANUARY 24, 2024
Key Insight: Granular data helps Wallace give the right level of visibility to each stakeholder and keep everyone aligned to business goals. Wallace’s biggest challenge is dealing with a lot of different types of data: cost data, asset data, observability data, etc., all of which come from different clouds and different teams using different tools. In order to know if FinOps is “working,” SAP reviews spending and optimization progress on a weekly basis– a process sponsored and supported by leade
Essential FinOps Strategies for Optimizing Cloud Costs in 2024
finout
JANUARY 24, 2024
Explore FinOps strategies for 2024: cloud cost optimization, resource efficiency, strategic pricing, and how Finout enhances these processes.
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
Key 2024 Changes to the Definition of Cloud FinOps
FinOps Foundation
JANUARY 24, 2024
Key Insight: The FinOps Foundation’s Technical Advisory Council has approved an updated definition of FinOps. Over the next few months, other changes to the FinOps Framework will follow. On February 26, 2019, the FinOps Foundation was publicly launched on a webinar hosted by a committed group of enthusiasts managing cloud cost and usage, and viewed by dozens of people around the world.
The Importance of Reporting Cash Tips for Employees and Employers
CSI Accounting & Payroll
JANUARY 24, 2024
Nobody wants to pay more in taxes than they absolutely have to! We’ve all had lunch with a friend who specifically leaves a cash tip so the server doesn’t have to document it. They can pocket it without paying income or FICA taxes, and their employer also doesn’t have to pay the FICA taxes. While this seems like a nice gesture, is it worth the risk to the worker and the small business?
Can Finance and Engineering See Eye-to-Eye?
FinOps Foundation
JANUARY 24, 2024
Key Insight: Assuring executive s that cloud providers are committed to optimizing (and reducing) the cost of cloud services can help give Finance teams confidence to approve cloud migration and usage. A memorable moment for Jennifer, who is Head of Engineering Excellence, was a conversation with Fidelity’s head of Finance, who explained that she has a personal fiduciary responsibility to ensure the company is spending wisely.
The Only 4 Things Your Clients Care About
Future Firm
JANUARY 24, 2024
Clients care about 4 things, and it's important to know them. By doing so, you'll have more success in price increases and much more. The post The Only 4 Things Your Clients Care About appeared first on Future Firm.
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.
How Do You Establish a Culture of Accountability?
FinOps Foundation
JANUARY 24, 2024
Key Insight: Hosting weekly meetings for engineers to share tips and tricks can help establish a collaborative, cost-conscious culture. Aside from a top-down focus and investment into FinOps, Athene also finds value in hosting a weekly ‘cloud demo’ where engineers share tips and tricks for building applications and addressing FinOps. It helps to establish a cost-conscious culture and a sense of community, while upleveling Athene’s engineers, who have experienced rapid change as Athene went from
3 Features That Would Help Simplify Your Bill Payment and Creation Process
Spenmo
JANUARY 24, 2024
Managing bills and invoices is an integral part of any business, but the traditional manual processes can be time-consuming and prone to errors. According to a report by the Institute of Finance and Management , manual invoice processing can take up to 45 days. Automation can reduce this to five (5) days–a whopping 89% decrease in processing time. In today's fast-paced business environment, efficiency and accuracy are paramount.
Wallace Reviews Data Weekly to See if FinOps is Working
FinOps Foundation
JANUARY 24, 2024
Key Insight: Granular data helps Wallace give the right level of visibility to each stakeholder and keep everyone aligned to business goals. Wallace’s biggest challenge is dealing with a lot of different types of data: cost data, asset data, observability data, etc., all of which come from different clouds and different teams using different tools. In order to know if FinOps is “working,” SAP reviews spending and optimization progress on a weekly basis– a process sponsored and supported by leade
Balancing the Books: A Bookkeeping Firm’s Guide to Franchise Financials
Bookkeeping Express
JANUARY 24, 2024
Dive into the world of franchise businesses, where established brands and support systems entice entrepreneurs. Success in franchising hinges on effective financial management. In this guide to franchise financials, we’ll navigate the landscape of franchise accounting, shedding light on crucial elements like royalty fees, advertising funds, and franchisee support.
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.
Redefining FinOps and Building a Stronger Framework
FinOps Foundation
JANUARY 24, 2024
On February 26, 2019, the FinOps Foundation was publicly launched on a webinar hosted by a committed group of enthusiasts managing cloud cost and usage, and viewed by dozens of people around the world. The first edition of Cloud FinOps was published later that year. The guidelines and best practices in that book described the dramatic changes required in organizations adopting cloud.
AI Practice Management Takeover
Insightful Accountant
JANUARY 24, 2024
Automating tasks like inbox management, client leads, and data collection can save time during tax season. AI tools like ChatGPT offer cost-effective solutions for practice management.
How Fidelity uses FinOps to Inform Finance Executives that Cloud can be Cost Efficient
FinOps Foundation
JANUARY 24, 2024
Fidelity is 5 years into their FinOps journey, and as Jennifer Hays, Sr. Vice President at Fidelity says, they are “definitely into the walk phase, maybe a little bit into the run phase.” Throughout those five years, they have automated a lot of tasks and activities. Fidelity has been successful with a “Hub & Spoke” model for FinOps: A core team completes tasks that can benefit the entire company, but each business unit is free to choose their own clouds and resources, and has their own Fin
Balancing the Books: A Bookkeeping Firm’s Guide to Franchise Financials
Bookkeeping Express
JANUARY 24, 2024
Dive into the world of franchise businesses, where established brands and support systems entice entrepreneurs. Success in franchising hinges on effective financial management. In this guide to franchise financials, we’ll navigate the landscape of franchise accounting, shedding light on crucial elements like royalty fees, advertising funds, and franchisee support.
Back to Basics with Reconciliations
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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.
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