Thu.Feb 01, 2024

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Melancon looks to build accounting pipeline amid tax changes

Accounting Today

American Institute of CPAs president and CEO Barry Melancon discussed the new tax extenders bill that's working its way through Congress, along with a variety of issues affecting the accounting profession, during a wide-ranging talk Thursday at the Accountants Club of America in New York.

Tax 317
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Intuit and Khan Academy Team Up to Offer Free Financial Education to Students and Teachers

Intuit

Today, we announced a new initiative with Khan Academy that aims to empower educators and students with free financial education tools. With the help of Khan Academy, we’re working toward our goal of engaging 50 million students with free learning resources by 2030. Intuit and Khan Academy have a shared goal to provide free financial resources to all high school students across the United States.

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20 Years of 1099s at AccountingDepartment.com

Accounting Department

It is that time of the year again, tax season. Many businesses dread this time of the year - it's tough. But thankfully, it's not as tough when you have the unrivaled support of AccountingDepartment.com.

Tax 238
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Tax Fraud Blotter: We have a winner

Accounting Today

Mule the merrier; cashing out; going for the gold; and other highlights of recent tax cases.

Tax 299
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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

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Can Using a FinOps Score Help Advance Your Practice?

FinOps Foundation

Key Insight Google Cloud’s FinOps Hub gives teams a central place to measure and improve your FinOps practice at crawl, walk, and run stages. Summary PRACTITIONER FOCUS : Early tooling was designed for engineers, but Google Cloud’s 2023 roadmap aimed to address the needs of FinOps practitioners. DATA : Google Cloud added more metadata in BigQuery exports and went from having 40% of all costs covered by granularity to having 70% of costs covered by granularity, with plans to achieve 100%.

FinOps 130
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Trends that will shift the accounting landscape in 2024

Accounting Today

From digitalization and consultancy to Bitcoin and cryptocurrency, 2024 is set to be a year of growth and possibility.

More Trending

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What is Accounts Receivable Automation, and how can you leverage it for your business?

Cevinio

What is Accounts Receivable Automation, and how can you leverage it for your business? Introduction The efficiency and accuracy of your financial processes play a pivotal role in the success of your business. One such critical aspect is managing Accounts Receivable (AR). This encompasses a range of tasks, from sending invoices and confirming their receipt to chasing overdue payments and updating customer records.

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The Great Debate: Optimize Usage or Cost First?

FinOps Foundation

Key Insight AWS Cost Optimization Hub deduplicates competing recommendations from AWS cost optimization tools, so practitioners can optimize usage and rates simultaneously, and trust the savings number that they see is achievable. Summary Cost Optimization Hub : Cost Optimization Hub pulls recommendations from all AWS cost optimization products together and deduplicates competing recommendations, so customers can optimize usage and rates simultaneously, and trust the savings number that they see

FinOps 130
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Do audit opinions matter?

Accounting Today

Audit reports contain significant, material information, argues accounting educator J. Edward Ketz.

Auditing 150
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Can Using a FinOps Score Help Any Practitioner Advance Their Practice?

FinOps Foundation

Key Insight Google Cloud’s FinOps Hub gives teams a central place to measure and improve your FinOps practice at crawl, walk, and run stages. Summary PRACTITIONER FOCUS : Early tooling was designed for engineers, but Google Cloud’s 2023 roadmap aimed to address the needs of FinOps practitioners. DATA : Google Cloud added more metadata in BigQuery exports and went from having 40% of all costs covered by granularity to having 70% of costs covered by granularity, with plans to achieve 100%.

FinOps 130
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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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.

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Avalara updates partner program

Accounting Today

Tax solutions provider Avalara announced updates to its partner program.

Tax 154
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How to Optimize Usage and Rates Simultaneously

FinOps Foundation

Key Insight AWS Cost Optimization Hub deduplicates competing recommendations from AWS cost optimization tools, so practitioners can trust that the potential savings number is achievable. Summary Cost Optimization Hub : Cost Optimization Hub pulls recommendations from all AWS cost optimization products together and deduplicates competing recommendations, so customers can optimize usage and rates simultaneously, and trust the savings number that they see is achievable.

FinOps 130
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How Drake Tax Software on Cloud Benefits Tax Professionals in 2024

Ace Cloud Hosting

While there are multiple software solutions for tax preparers, Drake is among the most preferred choices. Features like Drake Scheduler, e-signature, Drake Tax Planner, etc., help them prepare accurate tax.

Tax 110
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Use a FinOps Score to Measure Improvements in Your Practice

FinOps Foundation

Key Insight Google Cloud’s FinOps Hub gives teams a central place to measure and improve your FinOps practice at crawl, walk, and run stages. Summary PRACTITIONER FOCUS : Early tooling was designed for engineers, but Google Cloud’s 2023 roadmap aimed to address the needs of FinOps practitioners. DATA : Google Cloud added more metadata in BigQuery exports and went from having 40% of all costs covered by granularity to having 70% of costs covered by granularity, with plans to achieve 100%.

FinOps 130
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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.

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ADP launches generative AI assistant

Accounting Today

ADP announced the launch of ADP Assist, a generative AI assistant.

Payroll 145
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How to Optimize Usage and Rates Simultaneously

FinOps Foundation

Key Insight AWS Cost Optimization Hub deduplicates competing recommendations from AWS cost optimization tools, so practitioners can trust that the potential savings number is achievable. Summary Cost Optimization Hub : Cost Optimization Hub pulls recommendations from all AWS cost optimization products together and deduplicates competing recommendations, so customers can optimize usage and rates simultaneously, and trust the savings number that they see is achievable.

FinOps 130
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A Guide for Bookkeepers and Accountants to Have Better Client Conversations.

LedgerDocs

As a numbers person, you are probably a wiz when it comes to managing your clients bookkeeping tasks. But many of us accountants and bookkeepers struggle with the communication aspect of working with our clients. It just doesn’t seem to come to us as naturally as the numbers do sometimes. We have created this guide to help give you some simple tips to improve your communication with your clients.

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Can Using a FinOps Score Help Any Practitioner Advance Their Practice?

FinOps Foundation

Key Insight Google Cloud’s FinOps Hub gives teams a central place to measure and improve your FinOps practice at crawl, walk, and run stages. Summary Practitioner Focus : Early tooling was designed for engineers, but Google Cloud’s 2023 roadmap aimed to address the needs of FinOps practitioners. Data : Google Cloud added more metadata in BigQuery exports and went from having 40% of all costs covered by granularity to having 70% of costs covered by granularity, with plans to achieve 100%.

FinOps 130
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Back to Basics with Reconciliations

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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Meet 2023 International ProAdvisor - Non-Americas Award Winner : Emma Fabbro

Insightful Accountant

We sat down with Emma to get her thoughts on being the 2023 International ProAdvisor: Non-Americas Award Winner, her journey, her path to success and helping her clients understand the numbers behind their business.

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Optimize Usage and Rates Simultaneously

FinOps Foundation

Key Insight AWS Cost Optimization Hub deduplicates competing recommendations from AWS cost optimization tools, so practitioners can trust that the potential savings number is achievable. Summary Cost Optimization Hub : This new hub pulls recommendations from all AWS cost optimization products together and deduplicates competing recommendations, so customers can optimize usage and rates simultaneously, and trust the savings number they see.

FinOps 130
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Meet 2023 International ProAdvisor - Non-Americas Award Winner : Emma Fabro

Insightful Accountant

We sat down with Jennie to get her thoughts on being the 2023 International ProAdvisor: Non-Americas Award Winner, her journey, her path to success and helping her clients understand the numbers behind their business.

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Optimize Usage and Rates Simultaneously in Increments

FinOps Foundation

Key Insight AWS Cost Optimization Hub deduplicates competing recommendations from AWS cost optimization tools so practitioners can address usage and rate optimization simultaneously. Summary Cost Optimization Hub : This new hub pulls recommendations from all AWS cost optimization products together and deduplicates competing recommendations, so customers can trust that the potential savings number is achievable.

FinOps 130
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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

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Intuit Announces Black History Month Survey Results

Insightful Accountant

Intuit QuickBooks has released the results from its Black History Month survey revealing the top challenge facing Black small business owners is 'inflation.

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FinOps Hub: Designed for Practitioners to Measure and Improve their Practice

FinOps Foundation

Key Insight Google Cloud’s FinOps Hub gives teams a central place to measure and improve your FinOps practice at crawl, walk, and run stages. Summary Google Cloud’s 2023 roadmap aimed to better address the needs of FinOps practitioners. Data Usability More granular data in the console: – Went from 40% of all costs covered by granularity to 70%.

FinOps 130
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Making Accounts Payable More Efficient

MineralTree

It’s almost four years since COVID first appeared, and AP teams are still pressured to get more done despite fewer resources and persistent challenges. The pandemic dramatically exposed the inefficiencies of manual, paper-based processes and the difficulties of managing remote team members, invoice approvers, and payment authorizers. Yet, it also underscored the critical role that AP plays in enabling prompt vendor payments and strengthening relationships to keep goods and services flowing durin

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Finps Score Measures Improvements in Your Practice

FinOps Foundation

Key Insight Google Cloud’s FinOps Hub gives teams a central place to measure and improve your FinOps practice at crawl, walk, and run stages. Summary Practitioner Focus : Early tooling was designed for engineers, but Google Cloud’s 2023 roadmap aimed to address the needs of FinOps practitioners. Data : Google Cloud added more metadata in BigQuery exports and went from having 40% of all costs covered by granularity to 70%.

FinOps 100
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Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

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What is Accounts Payable (AP) Automation?

Nanonets

In the rapidly evolving business landscape, the efficiency of Accounts Payable (AP) processes is no longer just a back-office concern but a strategic imperative. The complexity and resource-intensive nature of traditional AP work is becoming unsustainable, particularly in the face of growing demands for speed and accuracy. Accounts Payable (AP) automation is the use of technology to streamline and improve the process of managing a company's bills and payments owed to others.

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FinOps Score Helps Practitioners to Measure and Improve their Practice

FinOps Foundation

Key Insight Google Cloud’s FinOps Hub gives teams a central place to measure and improve your FinOps practice at crawl, walk, and run stages. Summary Practitioner Focus : Early tooling was designed for engineers, but Google Cloud’s 2023 roadmap aimed to address the needs of FinOps practitioners. Data : Google Cloud added more metadata in BigQuery exports and went from having 40% of all costs covered by granularity to 70%.

FinOps 100
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Understanding the Impact of Unbilled Receivables on Your Bottom Line

Billing Platform

Common among subscription-based software-as-a-service (SaaS) businesses, unbilled receivables is revenue the company has earned, with invoices sent in arrears. Simply put, unbilled receivables equates to the amount of revenue that is billable. For subscription-based companies, revenue is received on a monthly, quarterly, or annual basis even if invoices have yet to be generated.

Billing 52
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Is My Payroll in Compliance With the IRS?

CSI Accounting & Payroll

When you do your own payroll or you’re just starting payroll with the assistance of a payroll service, you may wonder if your payroll is following all of the rules. The first thing that comes to mind is the federal government since it’s the largest authority that your payroll has to be in compliance with. When there are audits, penalties, and interest on the line, how do you know if your payroll is in compliance with the IRS?

Payroll 52
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Confronting the Change Challenge

Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.