Thu.Mar 14, 2024

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MassCPAs CEO aims to build accounting pipeline

Accounting Today

Zach Donah, the new CEO of the Massachusetts Society of CPAs has big plans for the organization.

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Unlocking Business Growth with ERP Systems for SMBs

Accounting Department

How an ERP system, such as Netsuite, tailored for the unique needs of SMBs, can be a pivotal tool in propelling small businesses to new heights.

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Audit committees set priorities

Accounting Today

A majority of audit committee members are eyeing cybersecurity as a top priority in the next 12 months, followed by enterprise risk management and talent.

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Robin Hall on Family, Tech Trends, and Personalized Accounting Services

Insightful Accountant

On this episode of Accounting Insiders, Gary talks to Robin Hall of VARC Solutions and her journey with Family, Tech Trends and Personalized Accounting.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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Tax Fraud Blotter: A naughty streak

Accounting Today

Nothing sacred; on the Lamborghini; Empire lost; and other highlights of recent tax cases.

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From Psychology to Programming: Navigating My Journey into the Tech Industry

Plooto

What led you to go into the tech industry? I started university studying psychology because it was my passion. In my second year, like everyone does, I took what I thought would be a really easy course: Computer Science 101. Many people might not think computer science would be an easy study, but for some reason, I thought it would be a breeze. Turns out, for me it was.

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Advisor Alliance: eTreem Partner Program

Insightful Accountant

With eTreem's Partner Program, you can grow your practice by helping clients simplify their accounts receivable while reducing the cost of inbound payments.

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Professionals don't know what gen AI is, but plan to spend more on it

Accounting Today

A recent survey of professional service providers found that the majority aren't exactly sure what generative AI even is, but they still anticipate spending more for it in both the short and long term.

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From Stress to Success: The Profit First Journey | Growth Amplifiers Podcast

Reconciled Solutions

Join us in this insightful episode as we talk about how Angie transformed her business and reduced stress by implementing Profit First. The post From Stress to Success: The Profit First Journey | Growth Amplifiers Podcast appeared first on Reconciled Solutions.

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The big 3 behind a healthy succession

Accounting Today

A healthy succession plan achieves three main objectives: continuity through client retention, client growth and fair financial treatment of all parties.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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QBO Now Auto-matches QuickBooks Paychecks

Insightful Accountant

QuickBooks can now automatically match each paycheck to the correct bank transaction. That means users will spend less time matching.

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IASB proposes to improve acquisition reporting

Accounting Today

The International Accounting Standards Board hopes to enhance the information provided by companies to their investors about acquisitions under IFRS.

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AWS CloudTrail: Pricing & 4 Cost Optimization Strategies

Economize

What is AWS CloudTrail? Effective management and optimization of resources are essential for businesses to exploit the full potential of cloud platforms like Amazon Web Services (AWS). As businesses increasingly migrate their operations to cloud platforms like AWS, ensuring data integrity, the confidentiality of sensitive information and adherence to regulatory standards become paramount concerns.

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Oracle Fusion Cloud Application Suite adds dozens of gen AI features

Accounting Today

Oracle announced the addition of more than 50 generative AI features in its Oracle Fusion Cloud Application Suite.

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Building a Business Case for Finance Automation

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

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Scaling Payroll Services to 7 Figures w/ Tyler Winn

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, brought to you by Jetpack Workflow, host David Cristillo sits down with Tyler Winn , the founder and CEO of Cirrus Payroll. Tyler shares his journey of falling into the payroll business in 2012 and subsequently building a seven-figure firm that specializes in processing payroll for small businesses.

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70 Percent of CSI’s Clients Are S-Corporations. Here’s Why.

CSI Accounting & Payroll

If you’re considering partnering your small business with CSI’s monthly accounting service, you may wonder if you’re a good fit to work with us and get the right value out of our service. For some, looking at your business entity type and comparing it to our client base can mean a lot. However, it’s definitely not everything! Let’s examine the following questions that we get about the small businesses we work with: Should I still work with CSI if I’m not an S-Corp?

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Complete Guide to Accounts Payable Outsourcing in 2024

Outsourced Bookeeping

The financial complexity of the business keeps increasing along with its growth and evolution. Accounts Payable process plays a key role in maintaining the financial health of the organization. Vendors with different procedures and standards of invoicing will often make accounts payable processes cumbersome and unmanageable. If your organization has very limited resources in the Accounts Payable department, then you need to make a way out to deal with larger volumes of data entry and invoices.

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1st April 2024 Changes – What do you need to know?

Ontrack Bookkeeping

It’s almost the end of the Financial Year (again? I know we say this every year, but doesn’t time just fly by?) Here is a summary of the 1st April 2024 changes you need to know: Minimum Wage Increase: The Adult minimum wage will increase from $22.70 per hour to $23.15 per hour The Starting Out/Training wage will increase from $18.16 per hour to $18.52 per hour ACC Earner Levy Threshold: The ACC Maximum Earnings threshold has increased from $139,384 to $142,283 The ACC Earner Levy has

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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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What Is EBPP? Exploring Electronic Billing Presentment and Payment Solutions

oAppsNet

In today’s digital age, electronic bill presentation and payment (EBPP) is a beacon of convenience and efficiency. It represents the evolution of traditional billing and payment methods into a streamlined, digital process accessible from any internet-connected device. With EBPP, gone are the days of waiting for paper bills to arrive in the mail or standing in line to make payments.

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Job Losses Continue According to Intuit QuickBooks Small Business Index

Insightful Accountant

The Intuit QuickBooks Small Business Index just issued reports an additional 7600 jobs lost during February, 2024.

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What is two-way matching and how does it work?

Nanonets

Accounting in any company involves dealing with invoices every month. One of the most challenging tasks while dealing with them is the verification of these invoices. All invoices received by a company for products or services that have been purchased from a vendor must be checked for accuracy before payment is initiated. For this, all details of the purchase as mentioned in the invoice are matched with the corresponding purchase order to ensure that the product/services that were ordered were d

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Best Practices for Managing High-Volume Accounts Payable

MineralTree

For scaling businesses, invoice payments rapidly grow in volume and complexity. However, many companies still rely on manual processes to manage accounts payable—and these outdated practices are causing problems across their financial operations. A manual approach slows down the payment process and increases the risk of errors and fraud while jeopardizing relationships with strategic vendors.

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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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Powering prosperity for women means addressing gender inequities in the tax code

Intuit

March is a time when we all come together to honor the remarkable women in our lives and communities. While we think about the women who inspire us, it’s also an opportunity to draw attention to the important work that remains to be done. When it comes to the complexities of the tax code, women encounter distinct challenges, and here at Intuit, we’re committed to empowering prosperity for every single person—especially the inspiring women who play an integral role in driving our coll

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