Thu.Aug 22, 2024

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Tax Fraud Blotter: No class

Accounting Today

Pushing 100 notices; nothing but the tooth; checking out; and other highlights of recent tax cases.

Tax 317
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10 Key Performance Indicators SMB Owners Should Track for Business Growth in 2025

Accounting Department

In the dynamic world of small business, staying ahead means constantly measuring and optimizing performance. That's where Key Performance Indicators (KPIs) come in. These metrics help small business owners, entrepreneurs, and startups monitor their progress, identify areas for improvement, and make data-driven decisions. In this blog post, we'll explore the top 10 KPIs every SMB owner should track for sustained growth in 2025.

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Truckers face looming tax deadline

Accounting Today

Operators of large trucks and buses must file their Form 2290 by Sept. 3.

Tax 306
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How Art Outreach is drawing on the Xero Beautiful Business Fund to create new possibilities for education

Xero

“I used to volunteer at a local food distribution program. Seeing the kids we served take food to their home made me want to do something beyond just providing a basic necessity,” said Mae Anderson, Chairman of Art Outreach , a non-profit arts intermediary dedicated to supporting art practitioners as well as championing art appreciation and visual literacy in Singapore.

XERO 243
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Forecasting Failures Are Costly: Here's How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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FTC ban on worker noncompete deals blocked by federal judge

Accounting Today

U.S. District Judge Ada Brown in Dallas sided with the U.S. Chamber of Commerce and the Texas-based tax firm, Ryan.

Tax 296
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Top ProAdvisor Profiles: Sheri Radler and Nikki Mullins

Insightful Accountant

Sheri Radler and Nikki Mullins are our featured Top ProAdvisors this week.

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Patient Access: The Cornerstone of Healthcare Success

RevCycle

Patient access, often overlooked as a mere administrative function, is the linchpin that connects patients to care. It encompasses the systems and processes that determine how easily patients can obtain healthcare services, from finding a provider to scheduling appointments and understanding billing. A well-optimized patient access department is crucial for delivering timely, high-quality care, improving patient satisfaction, and driving financial success.

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Starboard urges Autodesk to hold CEO accountable after probe

Accounting Today

Starboard Value LP urged Autodesk Inc.'s board to evaluate whether Chief Executive Officer Andrew Anagnost is the right person to lead the company following recent accounting issues.

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300 Client Consults in Year 1? Learn How and More w/ Max Minsker

Jetpack Workflow

Podcast Summary On this episode of Growing Your Firm, David Cristello interviews Max Minsker , the founder and CEO of Bookmate , a remote accounting firm. Max shares insights into his journey of establishing Bookmate, focusing on tax returns and bookkeeping services. The discussion delves into his unique approach to packaging and pricing, highlighting his atypical path to success in the industry.

Tax 59
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MHM changes name to CBIZ CPAs

Accounting Today

Mayer Hoffman McCann P.C. is changing its name to reduce market confusion and better align its attest practice with CBIZ's non-attest services.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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4 Common Accounting Mistakes Landscaping Businesses Should Avoid

Outsourced Bookeeping

Running a successful landscaping business is all about precision—whether it’s in design, operations, or even accounting. However, while you can control many aspects of your business, bookkeeping and accounting can be particularly challenging. Let’s all agree that accounting and bookkeeping aren’t always at the top of the priority list for landscape business owners who often juggle multiple responsibilities.

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PwC expects six-month ban in China for Evergrande audit

Accounting Today

PricewaterhouseCoopers LLP's China unit expects the Chinese government to hand down a six-month ban as part of punishment over its audit of failed property giant China Evergrande Group, according to a person familiar with the matter.

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Understanding the FinOps Lifecycle: Inform, Optimize, Operate

finout

What Is Cloud Cost Management? FinOps is gaining importance as the real-time nature of cloud operations changes how organizations manage their resources. Unlike traditional procurement, where purchasing decisions were made over weeks or months, passing the proposal from one department to another, cloud resources can now be acquired in seconds. This flexibility, while being the biggest advantage of the cloud, has created a gap between finance and operations, leading to inefficiencies in managing

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How Often Do Small Businesses Get Audited? Types & Triggers

CSI Accounting & Payroll

As a small business owner, you don’t have to be doing anything wrong to worry about going through an audit. After all, audits can be random, time-consuming, and even costly.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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Key Features to Look For in a Credit Management System

oAppsNet

Selecting the right credit management system is crucial for businesses that extend credit to their customers. An adequate system streamlines credit operations, reduces financial risks, and enhances customer relationships. To make an informed choice, businesses must understand the key features to look for in a credit management system. These features ensure the system meets the business’s needs and supports its financial goals.

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Top Remote Accounting Candidates for Hire | August 22, 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!

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Xerocon 2024: Xero's Latest Platform Enhancements & Inventory Plus Feature | William Murphy

Insightful Accountant

In this episode from Xerocon 2024, host Gary DeHart and lead technical editor William "Murph" Murphy dive into the latest updates on Xero's platform. Xero is enhancing its services to be more insightful, powerful, and customizable.

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How to Convert Word to Excel?

Nanonets

Stuck with complex Word documents? Need to analyse data but sick of manually copy pasting data points or tables into Excel spreadsheets? Your answer is probably yes, which is how you have landed here.  While we agree that Microsoft Word is great for text-based documents, it is not specialised for maintaining records of data, analysing or visualising it.

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How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?

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Travel & Accounting Tips: Gina’s Rome Favorites & Exclusive Perks!

Insightful Accountant

In the latest episode of the Accounting Insiders podcast, hosted by Gary DeHart and guest Gina Allard, discussed several key topics, focusing on the intersection of travel and accounting.

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3 ways investments in technology lead to investments in community

Plooto

Small-to-medium businesses (SMBs) are important cornerstones to both our economy and community. In Canada, businesses with fewer than 100 employees employ nearly 11 million people, and nearly three times as many Canadians work for small businesses than larger ones. The impact of SMBs is similar in the U.S., with small businesses accounting for 99.9% of companies and generating nearly two-thirds of all new jobs.

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Xerocon 2024: The 'Coachella for Accountants' | Insights from Ben Richmond

Insightful Accountant

Join us as we dive into the upcoming Xerocon with newly appointed Managing Director for North America, Ben Richmond. Described as the "Coachella for accountants," this event is set to attract a global audience and inspire the accounting community.

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Trump, Harris tout different visions for tax policy

Accounting Today

As the November election draws nearer, accounting and tax pros are looking at the candidates' past records to understand what changes each administration could enact.

Tax 321
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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.

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CPAClub™ and Caseware™ Partner to Elevate Audit Quality for Progressive Accounting Firms

Insightful Accountant

Fractional audit experts from CPAClub and advanced Caseware technology deliver streamlined compliance with new quality management standards.