Wed.Sep 13, 2023

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Cybersecurity for CPAs: Beware the inside threat

Accounting Today

Not looking out for insider threats can cost a company dearly.

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Embracing growth and efficiency: Key Insights from the UK Accounting and Bookkeeping Industry Report 2023

Xero

We are pleased to share the key findings from our study of the accounting and bookkeeping sector. This report involved engaging with over 600 accounting and bookkeeping professionals practising across the UK, from sole practitioners to large practices. Despite global economic uncertainty and rising inflation, this sector has shown remarkable growth and resilience.

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EY sees global revenue grow 14.2% to $49.4B

Accounting Today

Ernst & Young saw one of the biggest revenue increases in its history despite the cancellation of its plan to spin off its consulting practice.

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Women in Tech: Why We Need More

Intuit

3 reasons why we need more women in tech Women continue to make strides in the workforce and break down barriers. Millions of women work in industries they may have never thought possible. Yet, despite the progress we see in today’s business landscape, we still don’t see enough women in tech. Many tech companies are launching initiatives to bring more women into the industry, but numbers still need to grow.

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Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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IRS cracks down on illegal sports betting

Accounting Today

The Internal Revenue Service's Criminal Investigation division is targeting illegal activity tied to sports betting as the pro football season gets underway.

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Xero Beautiful Business Fund: Apply now to help your business achieve its sustainability goals

Xero

There’s all sorts of great ways to help make your business more sustainable and have a positive impact. Some businesses might have a sustainability purpose core to what they do, like reducing food waste, wildlife conservation, or waterway restoration. Others might want to become more sustainable, through initiatives like reducing waste or consumption, shifting to a green fleet of vehicles, transitioning to a more sustainable business model, such as circular economy or regenerative agriculture, o

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Clients Can Have Peace of Mind with Rewind

Accounting Department

Since its establishment in 2015, Rewind has been dedicated to empowering businesses to safeguard their valuable SaaS and cloud data. With an impressive customer base of over 100,000 across 100 countries, Rewind's highly acclaimed apps and unwavering support have become the go-to solution for ensuring the uninterrupted operation of software-as-a-service applications.

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AICPA offers help with disaster preparedness and ESG

Accounting Today

The American Institute of CPAs is teaming up with other groups to help accountants cope with natural disasters, as well as learn more about the environmental, social and governance area.

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CPA pipeline problems: Insights from a state society CEO

Blake Oliver

The accounting talent pipeline is narrowing at a troubling rate. As baby boomers retire, fewer college students opt into the profession, creating a widening gap in the number of CPAs. In my latest Firm of the Future article , I share insights from a recent podcast interview with Jen Cryder, CEO of the Pennsylvania Institute of CPAs. She describes a profession facing urgent questions about its future workforce.

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Taking advantage of the shrinking middle tier of CPA firms

Accounting Today

The bevy of CPA firm M&A in recent years has changed the size and composition of firms in the market.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

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How Decluttering the Digital Workspace Can Boosting Productivity and Mental Well-being

LedgerDocs

In recent years document management has evolved from file cabinets and paper clutter to more sophisticated and intricate digital systems. The shift to digital document management has allowed businesses to make strides towards efficiency and accessibility, and it without a doubt had an impact on the mental well-being of employees. Digital document management has changed the way our workday flows, influencing our productivity and mental health through the reduction of clutter, increased organizati

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Idalia victims in Georgia get tax relief

Accounting Today

The IRS is pushing back filing and payment deadlines for those impacted by the storm.

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8 Steps to Improving Cash Flow Forecasting

Insightful Accountant

MineralTree's Jose Garcia explains how accurately projecting future cash inflows and outflows can help you anticipate short- and long-term financial circumstances.

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Inflation expected to drive up tax bracket limits in 2024

Accounting Today

Inflation-adjusted amounts in the Tax Code are predicted to increase 5.4% in 2024, according to a new report from Bloomberg Tax.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

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4 Scalable Features to Increase Your Tax Prep Prices

Future Firm

As I shared numerous times before, I love the idea of presenting clients with Gold, Silver, and Bronze options for personal tax preparation services. However, in this episode, our focus will be on highlighting some of the additional features you can provide and discussing how to present them, rather than demonstrating how to bundle them together. Listen Below. 0:51 – Out of all the services I offer, standalone personal tax preparation services are probably the ones I like the least.

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Accountants remain most trusted players in tax globally

Accounting Today

Professional accountants continue to be the single most trusted stakeholders in tax in every G20 country, according to a new survey.

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Whats New in QBO: QB Bill Pay

Insightful Accountant

Pay your bills right inside QuickBooks, without third-party apps, using the new QuickBooks Bill Pay.

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Cherry Bekaert acquires Cordia Partners

Accounting Today

The Top 30 Firm has acquired a provider of outsourced accounting, business advisory, technology and business process consulting services, plus its executive recruiting arm.

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Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

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Wanna Know Some Secrets (About Desktop 2024)?

Insightful Accountant

Wouldn't it be nice if Murph could reveal all the secrets he knows about QuickBooks Desktop 2024? Well, he plans to reveal them at our next 'QB Talks.

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U.K. charges four over Patisserie Valerie accounting fraud

Accounting Today

The Serious Fraud Office charged the former CFO as well as three others with inflating the cash in the bakery chain's balance sheets.

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Future Forward 2023: The Problem to Solve, Your Key in Technology

Insightful Accountant

Will Hill Consults' Will Hill will show you everything you need to know about sifting through today's technology opportunities. Sign up for the 'Future Forward' webinar today.

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California gets ahead of SEC in forcing firms' carbon disclosure

Accounting Today

State legislators passed a bill that would leapfrog the Securities and Exchange Commission's efforts to require companies to disclose their greenhouse gases and climate-related financial risks.

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Profit in the Details: Rethinking Spend for Monumental Impact

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

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FinOps Domains, Capabilities, and Maturity Model Assessment

Economize

Adopting and implementing FinOps within your organization requires an understanding of a few crucial concepts, namely FinOps Domains, FinOps Capabilities, and FinOps Maturity Assessments. In essence, FinOps Domains represent a sphere of activity or knowledge, covering every facet of cloud financial management. Within each domain, you’ll find a suite of FinOps Capabilities.

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Intuit Announces 'QuickBooks Money'

Insightful Accountant

QuickBooks Money is Intuit's new 'subscription-free' banking and payments product for small businesses.

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How Smart Is Intuit's New AI "Intuit Assist" (with Jack Castonguay)

Cloud Accounting Podcast

This week we dive into the pipeline shortage and the need for more accounting candidates, and discuss Intuit's groundbreaking use of AI in TurboTax and its potential impact on accounting professionals. Guest Jack Castonguay sheds light on FASB's recent announcement on accounting standards for digital assets and how it affects companies holding crypto assets.

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Understanding the Healthcare Claim Life Cycle: From Patient Registration to Payment

SSI Healthcare Rev Cycle Solutions

Understanding the Healthcare Claim Life Cycle: From Patient Registration to Payment Home / September 12, 2023 The claim life cycle as it travels through the world of healthcare administration is an intricate and complex journey. Within this process lies the essential task of medical billing, a behind-the-scenes operation that quietly ensures healthcare facilities are properly reimbursed for their services.

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Navigating Bleisure Travel: A Guide for Mid-Sized Companies

Bleisure travel — where employees combine work and leisure — has been around since the advent of corporate travel and is here to stay. Successful bleisure policies strike a balance between employee preferences and company goals — workers report a 64% improvement in work-life balance, while companies benefit from reduced travel costs and increased workforce innovation.

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Small Business Accounting Software

Tipalti

Which small business accounting software is outperforming the rest in 2023? From automating AP tasks to cutting costs, read our full lineup.

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Understanding the Healthcare Claim Life Cycle: From Patient Registration to Payment

SSI Healthcare Rev Cycle Solutions

Understanding the Healthcare Claim Life Cycle: From Patient Registration to Payment Home / September 12, 2023 The claim life cycle as it travels through the world of healthcare administration is an intricate and complex journey. Within this process lies the essential task of medical billing, a behind-the-scenes operation that quietly ensures healthcare facilities are properly reimbursed for their services.

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Days Payable Outstanding Calculator

Tipalti

Take simple steps towards improved cash flow and vendor management by using the days payable outstanding (DPO) calculator. Optimize payment strategies and boost your financial efficiency.

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6 Reasons Why Accounts Payable Outsourcing is the Best Choice for Your Business

Outsourced Bookeeping

Nowadays, when it comes to maintaining financial record statements and account books for businesses, it has become a highly stressful and cumbersome task. With increased responsibilities on the heads of different employees of organizations, managing accounts and financial statements of accounts payable domains is something that cannot be handled single-handedly by organizations internally.

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Unlock The Blueprint: How To Construct A Better Payment Workflow

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.