Wed.Jul 03, 2024

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IRS offers relief on reporting renewable energy tax credits

Accounting Today

The IRS's Large Business and International Division is providing companies that claim tax credits for renewable energy and electricity projects an expedited way to report them.

Tax 244
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The Evolution of FinOps: Day 1 Keynote Themes from FinOps X 2024

FinOps Foundation

Key Insight: The FinOps X 2024 Day 1 Keynotes covered the Evolution of FinOps to include more technology spending beyond public cloud, FinOps for AI, cost-aware product decisions, carbon-aware FinOps. Stories from Disney and Uber spoke to the the constantly changing FinOps landscape, the FOCUS 1.0 GA launch landed and an executive panel of VPs from AWS, Microsoft and Google spoke together.

FinOps 130
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Founder Files: The accountant who hates accounting

Accounting Today

Louie Vazquez says he has all the characteristics of a bad employee and a good business owner.

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Clouds announce FOCUS support and GenAI tools at FinOps X

FinOps Foundation

Key Insight: At FinOps X in San Diego last week, the three largest cloud service providers took the stage to announce feature launches and improvements to their FinOps offerings. Native FOCUS support was a ubiquitous theme, optimization recommendations were improved, and the use of AI assistants were common threads. Mike Fuller , CTO of the FinOps Foundation, and J.R.

FinOps 100
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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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Private sector added 150K jobs in June as annual pay rose 4.9%

Accounting Today

The job market continued to grow last month, but wage growth slowed, ADP reported.

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Process Improvement is Not a Top Priority

Future Firm

If your goal is to systematize your firm, improving processes shouldn't be your top priority. Find out why in this episode. The post Process Improvement is Not a Top Priority appeared first on Future Firm.

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Azure Cost Optimization Tools: A Comprehensive Guide

finout

Azure cloud expenses can quickly add up if not managed properly, and Azure’s wide array of services can make cost management feel overwhelming. This blog focuses on essential Azure cost optimization tools and practices that can help you stay on top of your spending. We’ll walk you through tools like Azure Cost Management and Billing, Azure Advisor, and Spot Virtual Machines, offering practical tips to optimize your budget and enhance your cloud efficiency.

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States that rely the most on sales taxes

Accounting Today

Where does sales tax drive the most local revenue?

Tax 347
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10 Top Finance Conferences for CFOs and Finance Leaders in 2024

Gaviti

As the role of the CFO has expanded to include financial planning and predictions, it’s your job to stay on top of the tools and technologies that can best assist you in achieving these tasks. But economic uncertainty, supply chain disruptions and rising interest rates have made these tasks increasingly challenging. By attending a finance conference, however, you can meet with fellow financial professionals who can share their experiences on how they’ve overcome these challenges.

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Yet another deepfake scam, and other tech stories you may have missed

Accounting Today

Plus, unbundling Office and Teams, Apple and on-device AI, and more.

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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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The going concern principle

Accounting Tools

What is the Going Concern Principle? The going concern principle is the assumption that an entity will remain in business for the foreseeable future. Conversely, this means the entity will not be forced to halt operations and liquidate its assets in the near term at what may be very low fire-sale prices. By making this assumption, the accountant is justified in deferring the recognition of certain expenses until a later period, when the entity will presumably still be in business and using its a