Wed.Jul 03, 2024

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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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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.

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IRS warns of clean energy tax credit scam

Accounting Today

The Internal Revenue Service issued a warning cautioning taxpayers to beware of a new scam involving the purchase of clean energy tax credits.

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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.

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How to Avoid Getting Ghosted: 3 Secrets to Staying Relevant with Gen Z

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant or getting "ghosted" if they fail to meet the evolving needs of Gen Z consumers. In this new webinar, Brian Muse-McKenney of Episode Six and Matt Simester of Payments Consultancy Limited will reveal key considerations banks should factor into their efforts to develop target products for the next generation of bank customers.

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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.

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Fly the "Grand Old Flag" Proudly this 4th of July

Insightful Accountant

From Murph and all of us at Insightful Accountant, have a happy and safe holiday, and proudly remember the liberty and independence this holiday celebrates by flying the American Flag.

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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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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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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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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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SaaS Evolution: The Critical Role of Embedded Finance

Speaker: Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms

Join us for an exclusive webinar hosted by Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms, where he’ll explore the significant impact of embedded finance on the software industry! This session is designed to provide you with the strategic insights needed to navigate the future of SaaS successfully, all while gaining a deeper understanding of how these trends can enhance your competitive edge, boost revenue, and deepen customer loyalty.

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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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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