Thu.Jul 18, 2024

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RSM acquires firms in Europe

Accounting Today

The RSM network made five strategic acquisitions in Europe, including specialist audit and consulting firms in Austria, Denmark and France, plus a prestigious law firm in Spain.

Auditing 328
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Maximizing Cash Flow During the Summer Slowdown

Accounting Department

Summer can be a challenging time for many businesses, with sales often dipping as customers take vacations and routines shift. But a slowdown doesn't have to mean a cash flow crisis.

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IRS updates RMD guidance

Accounting Today

The Treasury Department and the Internal Revenue Service issued final regulations Thursday to update the rules for required minimum distributions.

Tax 336
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Top Remote Accounting Candidates for Hire | July 18, 2024

accountingfly

Top Remote Accounting Candidates This Week Looking for remote accountants? Accountingfly can help! With our ‘ Always-On Recruiting ‘ program, you can access highly skilled and experienced remote accounting candidates with no upfront cost. These are just a few of our top remote accounting candidates this week. Sign up now to receive the full list of top accounting candidates available weekly!

CPA 121
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From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

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Using AI to shed the constraints of the monthly close

Accounting Today

To achieve greater agility, accuracy and the foresight needed to adjust and adapt, businesses must shed the constraints of the financial close and embrace continuous accounting.

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Keeping Dynamics GP Fresh

Fidesic blog

Seldom used features in Dynamics GP! Keeping GP fresh with tricks you might not know.

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More Trending

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How to Use QuickBooks Enterprise for Order Management

Ace Cloud Hosting

One of a business’s most frequently overlooked elements is its order management. Companies must coordinate the entire process, from when customers place orders until they receive their product or service.

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It's time for tax leaders to invest in AI

Accounting Today

The time is ripe to start implementing AI in organizations to harness its power in time for next year's busy season.

Tax 267
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CMiC issues new Construction Industry Survey

Insightful Accountant

If you are a ProAdvisor, Consultant, or Accountant wanting to support construction businesses as they digitally transition, you won’t want to miss this survey, which will provide valuable insights into the industry.

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20 states that collect the most tax per capita

Accounting Today

The top state takes in $7,200 in tax per capita.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Having Trouble Budgeting? QuickBooks Online Can Help

Reconciled Solutions

Creating a budget that actually works can be tough. Use QuickBooks Online’s setup tools and these tips for more effective budgeting. The post Having Trouble Budgeting? QuickBooks Online Can Help appeared first on Reconciled Solutions.

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Tax Fraud Blotter: Treated like royalty

Accounting Today

Go Pats; on the hook; two down; and other highlights of recent tax cases.

Tax 291
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7 Accounting Firm Acquisitions in Nine Years w/ Cory Gayman, CPA

Jetpack Workflow

Podcast Summary On this episode of Growing Your Firm, host David Cristello welcomes Cory Gayman, CPA , the CEO/CFO/Founder of JCG Tax & Advisory Firm. Cory shares insights on establishing common ground with entrepreneurs, addressing the accounting talent shortage, improving accounting efficiencies, and navigating the world of virtual firms. Tune in for valuable tips from a firm owner in the trenches.

CPA 59
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The road to November: What tax pros' clients think about the election

Accounting Today

Expiring provisions and a misunderstanding of how tax law is made top the list of client worries, practitioners say.

Tax 247
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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Short Term Vs Long Term Cash Flow Forecasting

Gaviti

There are two main types of cash flow forecasting: short term and long term. Short-term forecasting predicts the company’s cash flow for under 12 months, while long-term forecasting looks beyond twelve months. Financial professionals often agonize over which one to use, but most organizations need both. What is Short-Term Cash Forecasting? Short-term forecasting looks at the cash inflows and outflows over a shorter period.

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San Francisco mayor hopeful wants tax cut to spur return to work

Accounting Today

San Francisco mayoral candidate Mark Farrell has a plan to get workers back into downtown offices — and it doesn't include commuter benefits or coffee machines.

Tax 182
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What Is A Phantom Tax & How Does It Work?

Invoicera

Introduction There is an idea that many people and companies never anticipate within the taxation context – phantom tax. This uncommon term refers to gross income reported for taxation purposes but not followed by an actual cash flow. In other words, income is recorded on the books but does not yet exist in cash. This situation is often associated with scenarios like stock options, forgiven debts, or income from partnerships in which income is reported before it has been received, which might

Tax 52
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Unlock the Power of Technology in Your Tax Practice: Join Our Exclusive Webinar

Insightful Accountant

Are you ready to revolutionize your tax practice? Don't miss our upcoming webinar, "Building a Tech-Driven Tax Practice” the first in an exciting series designed to help small and medium-sized tax firms thrive in the digital age.

Tax 52
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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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What Happens To Your Credit Score If You Don’t Manage Your Debt Wisely?

Invoicera

Introduction In the financial world, your credit score is crucial for economic opportunities, but making poor choices can have lasting adverse effects. Did You Know? Experts advise maintaining your credit usage below 30% to keep your credit score high. What adverse effects result from failing to manage debt? The answer is extensive as it impacts you not only in terms of money for the present or the next few days or weeks but also significantly influences your financial future.

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The Augusta Rule: What is it and how can it help me improve my tax-saving strategies?

Reconciled Solutions

Learn more about the Augusta Rule, a legal way to increase tax deductible business expenses and personal income without paying more in taxes. The post The Augusta Rule: What is it and how can it help me improve my tax-saving strategies? appeared first on Reconciled Solutions.

Tax 52
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There's "a lot of spammin goin on!" Intuit wise.

Insightful Accountant

Be aware—be very aware—the 'dark side' is out in force these days, with a lot of 'spamming' of phone, email, and text messages.

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13 things to consider before moving from employee to owner

Reconciled Solutions

Are you ready to take the leap from employee to owner? Ask yourself these questions if you're considering starting your own business. The post 13 things to consider before moving from employee to owner appeared first on Reconciled Solutions.

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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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AWS Cost Optimization: 6 Free Tools & 10 Hacks to Cut AWS Bills

finout

What Is AWS Cost Optimization? AWS cost optimization is the practice of managing and reducing cloud expenditures while maintaining performance and capacity. It involves analyzing your AWS usage and identifying areas where you can save costs without compromising the functionality of your applications.

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How Carbon Accounting Works: The Complete Picture

oAppsNet

Carbon accounting is essential in today’s environmental context, where businesses are held accountable for their carbon emissions. It refers to the process companies use to measure the amount of greenhouse gases they emit. This is a critical step for organizations committed to reducing their environmental impact and adhering to national and international climate mandates.

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QBO Payroll offers Employee Organization Chart

Insightful Accountant

Now, you can create an employee organization chart using QuickBooks Online Payroll.

Payroll 52
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Intuit Survey: Few Canadian high schoolers feel they have a solid understanding of personal finance terms

Intuit

Financial education has the power to improve the lives of thousands of Canadian high school students by giving them the skills they need to make informed decisions. However, new data from Intuit Canada shows a lot more work needs to be done to prepare them for life after high school. The results of Intuit Canada’s latest survey on financial education are in, and they reveal some concerning data points about how Canada’s high schoolers feel about money: 73% of Canadian high schoolers wish they un

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Solve Your Firm's 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.