Thu.Jun 27, 2024

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Whistleblower awards from the IRS more than doubled

Accounting Today

The IRS Whistleblower Program paid whistleblowers 121 awards totaling $88.8 million in fiscal 2023, up from $37.8 million the previous year.

Tax 299
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How Entrepreneurs Can Leverage ERP's to Scale Their Businesses

Accounting Department

In today’s fast-paced business environment, entrepreneurs and business owners must find ways to streamline operations, improve efficiency, and scale effectively. Traditional enterprise resource planning (ERP) systems have long been associated with large enterprises.

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The past and future of accounting ethics

Accounting Today

Ethical standards in accounting encompass the moral principles and rules that accountants are required to adhere to during their professional work.

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Warning: AI for Tax Advice May Not Be a Fit

Insightful Accountant

AI in tax prep has boosted efficiency and accessibility. But concerns arise over the reliability of AI-generated tax advice, especially for complex cases.

Tax 105
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Breaking Ground on Better Payment Processes: Strategies for Construction Pros

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 With construction projects becoming more complex, outdated processes are no longer sustainable.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.

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Tax Fraud Blotter: The Empire strikes out

Accounting Today

Gone in a Flash; all in the family; spreadsheeting it high and deep; and other highlights of recent tax cases.

Tax 276
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ProAdvisor Awards All About Preparation

Insightful Accountant

The number of participants in the ProAdvisor Awards grows each year, with more and more highly qualified ProAdvisors entering the mix. We hope you are one of them, but preparation for participation goes a long way at achieving recognition.

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Credit Reporting Changes Should Prompt Revenue Cycle Optimization

RevCycle

By this point you’re certainly aware of the changes around the credit reporting of medical debt, which to recap are: Medical debts that have been satisfied will no longer appear on credit reports The amount of time before medical debt can be reported to the credit bureaus has doubled, from 180 days to one year Medical debt in collections of under $500 dollars will no longer appear on credit reports As the graph below shows ( courtesy of Urban Institute ); this has had the intended effect of clea

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Brazil says targets in Americanas fraud case have fled

Accounting Today

Brazilian Federal Police carried out their most extensive operation yet to punish those responsible for a massive fraud carried out at retailer Americanas SA with arrest and search warrants issued in Rio de Janeiro.

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Top 8 Expense Management Tips for Small Businesses

Remote Quality Bookkeeping

Managing your business’s finances is essential for establishing and maintaining success. However, increasing revenue is not the only goal; effective expense management is also critical. Our guide will reveal eight practical tips that small businesses can embrace to manage their expenses impeccably. Consider this a road map to financial discipline, focusing on several factors you may need to pay attention to for your business.

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Campari owner rejects claims after reports of €1B unpaid taxes

Accounting Today

The parent of Italian beverages group Davide Campari-Milano NV said it isn't aware of any investigation following reports over alleged tax avoidance.

Tax 162
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The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

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Top Remote Accounting Candidates for Hire | June 27, 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 candidates this week. Sign up now to receive the full list of top accounting candidates available weekly!

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Understanding Online Payment Processing

AvidXchange

Online payment processing involves handling financial transactions between customers and businesses over the Internet. It requires payment gateways and processors to authorize and complete transactions securely. Today, many B2B businesses are moving away from paper check payments towards online payment processing. Digital payments are generally more secure and efficient than these traditional payment methods.

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Essential Metrics for Bookkeepers To Track For Successful Client Management

LedgerDocs

Building a strong rolodex of bookkeeping clients can be challenging. It often takes months of phone calls, follow-ups, and estimates to land a lead. That’s why, as important as it is to build up a client base, it’s equally important to put effort into keeping these clients. Below are a few metrics to keep your eye on when working with your clients to make sure you are retaining as many clients as possible.

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Un guide complet sur fuzzy matching

Nanonets

Qu’est-ce que fuzzy matching? Fuzzy matching (également appelée correspondance approximative de chaînes) est une technique qui permet d'identifier deux éléments de texte, chaînes ou entrées qui sont à peu près similaires mais ne sont pas exactement identiques. Par exemple, prenons le cas d'une liste d'hôtels à New York comme le montrent Expedia et Priceline dans le graphique ci-dessous.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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Google Cloud Run Pricing And 6 Strategies for Optimization

Economize

Introduction to Google Cloud Run With evolving technology, businesses and developers are always on the lookout for efficient and scalable solutions to deploy their applications. Google Cloud Run is a standout service that meets these needs by providing a managed platform for running containerized applications.

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Règles métier : guide complet avec des exemples pour une automatisation efficace

Nanonets

Les règles métier sont des règles/conditions prédéfinies qui visent à normaliser le flux de travail d'une organisation et à réduire les erreurs, économisant ainsi du temps et des frais généraux. Essentiellement, les règles commerciales sont un ensemble de « lois » qui rationalisent les opérations commerciales.

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The Secret to Great CFO Leadership? Ditch the Foosball Table

Blake Oliver

In our latest episode of The Accounting Podcast , we dove deep into what's on CFOs' minds in 2024. From AI adoption to the ongoing talent crisis, we covered a lot of ground. But one question really stood out to me: What makes a great CFO leader in today's world? Being a CFO isn't just about crunching numbers anymore. It's about connecting with your team on a human level.

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Why is it Important to Reconcile your Bank Account?

Nanonets

Why is it Important to Reconcile your Bank Account? Reconciliation is a crucial accounting process that ensures the accuracy of the financial close process. It ensures that the money credited or debited in your bank account matches the money being expended or made. Reconciling the bank statement involves comparing the company's internal financial records or ledger to the bank statement received via the bank.

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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