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 231
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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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If It Aint Broke, Don’t Fix It: A Dangerous Mindset

Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be

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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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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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States that rely the most on sales taxes

Accounting Today

Where does sales tax drive the most local revenue?

Tax 343
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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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Business Travel Expense Strategies for Everybody

Global business travel is surging, with companies spending as much as or more than they did before the pandemic. This trend is expected to continue, with more growth on the horizon. The types of travelers are also changing, with millennials and Gen Zers taking on the majority of the load. Business travel is evolving, and younger generations expect less hassle, even though there are more ways to book and pay for travel than ever before.

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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