Tue.Nov 05, 2024

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IAASB rolls out sustainability assurance standard

Accounting Today

The International Auditing and Assurance Standards Board is preparing for the adoption of its International Standard on Sustainability Assurance 5000 early next year as companies look to get outside approval from auditing firms on their environmental efforts.

Auditing 264
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The Benefits of Punch Out for Business: Why Compleat Software’s Solution Stands Out

Compleatable

What is Punch Out for Business? “Punch Out” for business is a system integration that connects a buyer’s procurement platform to a supplier’s online catalogue, enabling employees to access, select, and transfer items directly into their company’s procurement system without leaving it. Instead of purchasing immediately, selected items are brought into the buyer’s system for approval, generating a purchase order that is then sent to the supplier.

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KPMG trims US audit staff by 4% to counter low turnover rate

Accounting Today

The Big Four firm has cut roughly 330 people from its U.S. audit business to combat near historic low employee turnover rates.

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Warehouse Wednesday: What is the Cost of an ERP

Insightful Accountant

This prologue is a pricing supplement to Murph's Blue Paper Comparison of ten ERPs. The original and supplemental content requires "Be Insightful" Premium Content registration.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

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Master's programs hit five-year peak in application growth

Accounting Today

Nearly three-quarters of U.S. masters of accounting programs reported application growth, according to a report by the Graduate Management Admission Council.

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Employee Incident Report: How to Write One + Template

Fit Small Business

An employee incident report is a formal document that records the details of an event or situation—such as workplace injuries, property damage, or harassment—that occurred at work. A clear, well-documented report process ensures that incidents are accurately tracked and quickly addressed to prevent further complications. These help businesses maintain compliance, protect employees, and provide crucial.

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Best DocuClipper Alternatives for Document Processing

Nanonets

DocuClipper is an OCR-powered financial document processing tool that converts bank statements, credit card statements, invoices, receipts, and brokerage statements into Excel, CSV, or accounting software-ready formats. The software stands out for its ability to handle even poor-quality documents while maintaining high accuracy in data extraction. DocuClipper helps you: Match and check bank transactions Organize your transactions into categories Makes data entry quick and painless Handles poor-q

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Tax and the 2024 election: What's in the balance

Accounting Today

The future of the Tax Cuts and Jobs Act and other tax issues are on the ballot.

Tax 264
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Murph's ERP Alternatives Q&A Session is Thurday, November 7.

Insightful Accountant

Thursday, Murph is holding the Question and Answer Workshop portion of his 'Be Insightful' program covering ERP Alternatives. The workshop will review the Blue Paper, a new supplement on ERP Pricing, and also address attend questions and answers.

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Bloomberg announces strategic partner program

Accounting Today

Bloomberg Tax and Accounting announced a new strategic partner program with major tax prep software providers in order to expand the set of available tools for users.

Tax 130
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Solve Your Firms Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

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Are you annoying your accountant? 5 things to avoid

Plooto

Most small business owners don’t become entrepreneurs because they love managing finances. That’s why accountants and bookkeepers are so crucial to successfully running a business. Their relationship is an essential part of how SMBs achieve efficiency, scale, and control over their financial operations.

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IRS modernizes regs on sales of seized property

Accounting Today

The final regulations provide a long overdue update to rules that had been in place since at least the 1950s, and even the 19th century.

Tax 147
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What Tax Practitioners Need to Know About the New IRS Pass-Through Compliance Unit

Insightful Accountant

In a significant shift that will affect tax practices nationwide, the Internal Revenue Service has activated its new pass-through compliance unit within the Large Business and International Division (LB&I).

Tax 52
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ADM cancels earnings call over accounting errors

Accounting Today

Archer-Daniels-Midland will amend previous financial statements after uncovering accounting issues, prompting the crop trader to cancel its earnings call.

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Confronting the Change Challenge

Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.

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The Complete Guide to 3-Way Matching in NetSuite

Nanonets

Vendor bills are a critical part of AP workflows - the final document in an AP process that specifies how much you need to pay a vendor for a purchase. Getting a vendor bill payment right is important - to ensure accurate payments, prevent fraud, and streamline AP workflows. However, even a simple vendor bill payment requires multiple checks and approvals before it can be processed.

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Team vs. family

Accounting Today

In the intense war for talent, more and more firms are calling themselves a family. That can be dangerous.

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10 Questions To Ask When Choosing A Tax Preparer

Ace Cloud Hosting

Tax season is approaching, and it is quite obvious that taxpayers are looking for a tax preparer.

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Inside the 2024 Best Firms for Young Accountants

Accounting Today

The best accounting firms to start a career in are committed to trust, flexibility and investment.

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Travel and Expense Policy Success: Your Essential Checklist

Setting the stage for successful organizational change always begins with clear, thoughtful communication. When it comes to rolling out a new travel and expense (T&E) policy, establishing a well-structured communication plan is key to ensuring that all employees understand the changes and their impact. By following a step-by-step approach, you can guide your organization through the transition, fostering smooth adoption from the outset and improving compliance.

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ECI Software Solutions' Deacom ERP Helps SMBs Transform Business

Insightful Accountant

Deacom Essentials is a cost-effective, tailored ERP offering batch and process manufacturing.

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In the blogs: In full swing

Accounting Today

Updating engagement letters; tax neutrality; the usual losers; and other highlights from our favorite tax bloggers.

Tax 130
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"ProAdvisor" is indeed 'back on your badges'

Insightful Accountant

We wanted to follow-up on this topic and confirm our announcement of last week.

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The $10B battle for Congress: Races to watch

Accounting Today

The expiration next year of the 2017 tax law puts trillions of dollars in tax provisions in play.

Tax 130
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The Financial Leaders Playbook: How To Deliver Insight, Oversight, And Foresight

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

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Close 2024 election polls drive CEO angst over tariffs, taxes

Accounting Today

Much of the C-suite angst is over the risk of additional tariffs, particularly if Republican Donald Trump wins another term. Democratic candidate Kamala Harris' support for higher corporate tax rates is also a source of concern.