Wed.Nov 27, 2024

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Leverage FP&A for Smarter Financial Planning

Accounting Department

For any business owner, prioritizing the company’s future is essential. Financial planning plays a crucial role in this, enabling business owners to drive growth and broaden their operations. If a business owner hasn’t focused on this aspect, they need to understand what it is, what it does, and how it differs from regular accounting. What Is FP&A?

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Notable 401(k) and IRA plan changes for 2025

Accounting Today

The IRS introduced changes to certain contribution limits to 401(k) and retirement plans for 2025, while some limits will remain the same.

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How To Maximize Medicare Reimbursements

RevCycle

Medicare presents both opportunities and challenges for healthcare providers, with reimbursement management being the primary focal point. With complex regulations, evolving policies, and an intricate reimbursement structure, maximizing Medicare reimbursements is critical for the financial health of practices, clinics, and hospitals. In this blog post, we’ll explore practical strategies healthcare providers can use to optimize their Medicare reimbursements.

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Can PE buy transformation?

Accounting Today

Many private equity-backed firms at Accounting Today's PE Summit think so, along with much more.

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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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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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Why Transparent Pricing Matters in Account Migration Services for Small Businesses in Singapore

Counto

Why Transparent Pricing Matters in Account Migration Services for Small Businesses in Singapore As a small business owner in Singapore, you know that efficiency is key, especially when it comes to managing finances. Migrating your accounting system is a major decision that can impact the future of your business. One crucial factor that will affect the success of your migration is transparent pricing.

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IRS faces steep budget cuts without congressional action

Accounting Today

The Treasury Department is warning Congress that it needs lawmakers to unlock $20 billion in funding for the Internal Revenue Service that could be rescinded due to duplicative legislative language.

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On the move: MACPA hosts swearing-in for new CPAs

Accounting Today

INCPAS announces awards finalists; ConvergenceCoaching graduates Transformational Leadership Program fall class; and more news from across the profession.

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Capital One Spark Cash Select Review

Fit Small Business

Editorial and Partnership Disclosure The card_name is a straightforward, low-cost cash-back card for business owners, offering unlimited 1.5% cash back on all purchases with $0 annual and foreign transaction fees. Designed for easy recordkeeping, it allows you to download purchase records compatible with popular accounting software. If you wish to compare one card over another, The post Capital One Spark Cash Select Review appeared first on Fit Small Business.

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Accountants need to balance AI, automation and crucial skills

Accounting Today

Over-reliance on artificial intelligence carries concerns that cannot be overlooked. Technology can't replace critical thinking and professional skepticism.

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Valley Visa® Secured Business Credit Card Review

Fit Small Business

Editorial and Partnership Disclosure The Valley Visa® Secured Business Credit Card is designed for business owners looking to build or improve their credit. This secured card requires a cash deposit of 110% of your desired credit limit, up to $25,000. Cardholders benefit from a 0% introductory Annual Percentage Rate (APR) on purchases and balance transfers.

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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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Macy's touted a metric that had been juiced for years

Accounting Today

The retailer said the incident involved only one former employee, who had hidden as much as $154 million of delivery expenses since 2021.

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Top Remote Accounting Candidates for Hire | November 27, 2024

accountingfly

Top Remote Candidates This Week Are you in need of remote accountants? Accountingfly can assist you! Our ‘ Always-On Recruiting ‘ program allows you to connect with highly skilled and experienced remote accounting candidates without any upfront costs. Here are some of our top remote accounting candidates for this week. Sign up now to receive the full list of available top accounting candidates on a weekly basis!

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Get intentional and reclaim your calendar

Accounting Today

By viewing time as a valuable asset — much like the financial assets you manage for clients — you can make better choices about how you invest your hours.

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Guidant Financial Review

Fit Small Business

Guidant Financial provides funding solutions for small businesses and franchises. It’s perhaps most well known for its Rollover for Business Startups (ROBS) product, which allows retirement funds to be accessed tax- and penalty-free. However, Guidant Financial also offers other products and services, such as Small Business Administration (SBA) loans, unsecured loans, portfolio loans, and equipment.

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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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My take on the Macy's accounting error

Blake Oliver

Happy to contribute the CPA perspective to The New York Times' coverage of Macy's Thanksgiving Week Accounting Error. Here's my take: This sort of accrual journal entry mistake is easy to make. But was it a mistake? The account from Macy's doesn't quite add up. Macy's said that a single employee "intentionally" hid up to $154 million in delivery expenses over several years.

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Tennessee Business Insurance Guide

Fit Small Business

Since joining the union in 1796, Tennessee has been known for outsized contributions, hence its nickname as the Volunteer State. So, it is not surprising that small businesses in Tennessee account for almost 100% of employment and contribute to a healthy, growing economy. Tennessee business insurance is essential to the TN economy, protecting businesses from.

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Understanding the True Cost of Account Migration: What Singapore SMEs Should Know

Counto

Understanding the True Cost of Account Migration: What Singapore SMEs Should Know When small and medium-sized enterprises (SMEs) in Singapore decide to migrate their business accounts to new software or platforms, they often focus on the benefits of improved efficiency and better functionality. However, the migration process comes with a range of costs that many SMEs overlook.

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Murph's Payroll App Comparison

Insightful Accountant

December 12 is the upcoming date for our next 'Be Insightful' Premium Content App Comparison, now covering fourteen Payroll Apps.

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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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Navigating Account Migrations: Key Considerations for Singapore SMEs

Counto

Navigating Account Migrations: Key Considerations for Singapore SMEs For Singapore SMEs , account migrations are crucial to improving operational efficiency, enhancing financial reporting, and keeping up with evolving business needs. Whether upgrading accounting services , switching providers, or moving to cloud solutions, a successful migration is key to maintaining financial accuracy and regulatory compliance.

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4 Easy Tax Season Marketing Tactics

Future Firm

Make tax season marketing manageable with these 4 easy tactics. Keep your campaigns effective without overloading your schedule. The post 4 Easy Tax Season Marketing Tactics appeared first on Future Firm.

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Nov 27, Comparing Regular vs. Simplified Home Office Deduction

Bookkeeping Essentials

There are two methods to calculate the home office deduction: Regular Method and Simplified Option. Let's take a look at who qualifies and how each method works.

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European Family Office

Tipalti

With Tipalti automating so many of its payments processes, the company is now poised to scale its operations with confidence.

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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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Nov 27, CRA Releases Guidance on Proposed 2024 Capital Gains Inclusion Rate Changes

Bookkeeping Essentials

CRA news for home based business owners doing their own bookkeeping. Keep abreast of relevant changes and announcements.

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Legal Requirements for F&B Franchises in Singapore: How to Get Started

Counto

Legal Requirements for F&B Franchises in Singapore: How to Get Started Starting a food and beverage (F&B) franchise in Singapore can be an exciting and rewarding business opportunity. However, there are several legal requirements that must be met to ensure compliance with local regulations. Understanding these requirements is crucial to ensuring your business incorporation is legally sound and ready to operate smoothly.

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Foobar

Tipalti

With Tipalti automating so many of its payments processes, the company is now poised to scale its operations with confidence.

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From Concept to Company: Incorporating a Unique F&B Brand in Singapore

Counto

From Concept to Company: Incorporating a Unique F&B Brand in Singapore Starting a food and beverage (F&B) business in Singapore can be a rewarding venture, given the city’s dynamic culinary scene and its reputation as a global food hub. However, to succeed, it’s essential to turn a great idea into a well-executed plan. To facilitate this process, engaging a company incorporation service can streamline the necessary steps and ensure compliance with local regulations.

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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

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Introducing the Compleat EcoSystem: A Game-Changer for Customers and Suppliers

Compleatable

At Compleat Software, we’ve always been committed to empowering small to medium sized businesses with tools that drive efficiency and growth. Today, we’re excited to announce the launch of the Compleat EcoSystem , a groundbreaking platform designed to transform how customers and suppliers interact and transact. For Our Customers: The Compleat EcoSystem enhances yet simplifies the entire purchasing process by putting trusted supplier information at your fingertips.

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How to Set Up a Central Kitchen for Multiple F&B Outlets in Singapore

Counto

How to Set Up a Central Kitchen for Multiple F&B Outlets in Singapore Operating multiple F&B outlets in Singapore can be rewarding but also complex. Managing consistency in food quality, ensuring operational efficiency, and controlling costs across various locations can quickly become overwhelming. One effective solution to address these challenges is the setup of a central kitchen.

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Setting Up a Self-Service Food Kiosk in Singapore: Key Steps and Considerations

Counto

Setting Up a Self-Service Food Kiosk in Singapore: Key Steps and Considerations Starting a self-service food kiosk in Singapore can be an exciting and profitable venture, especially given the growing demand for convenient dining options. However, it involves navigating various legal, regulatory, and operational requirements for your business incorporation.