Tue.Aug 13, 2024

article thumbnail

IRS updates information security plan for tax pros

Accounting Today

A new template for a 'Written Information Security Plan' is available for practitioners to meet their mandate.

Tax 331
article thumbnail

Where We're Going - Fidesic In-Person Event Schedule

Fidesic blog

2024 has been the year of in-person events over here at Fidesic. We have been going to a lot more meetups and smaller conferences this year.

130
130
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why CPAs must master the soft skills

Accounting Today

When a CPA transitions from individual contributor to leader of many people, his or her technical skills alone will not be enough to drive results.

CPA 294
article thumbnail

Where We're Going - Fidesic In-Person Event Schedule

Fidesic blog

2024 has been the year of in-person events over here at Fidesic. We have been going to a lot more meetups and smaller conferences this year.

130
130
article thumbnail

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

article thumbnail

TIGTA: IRS lacks plan for legacy systems

Accounting Today

The Treasury Inspector General for Tax Administration said the IRS lacks concrete plans for retiring and replacing legacy IT systems.

Tax 306
article thumbnail

5 Tips for Managing Inventory in QuickBooks Online

Reconciled Solutions

Running out of products? Stocking too many? Here's how managing inventory in QuickBooks Online can help solve both problems. The post 5 Tips for Managing Inventory in QuickBooks Online appeared first on Reconciled Solutions.

More Trending

article thumbnail

What is Volume Pricing?

Billing Platform

Volume pricing is a pricing structure where the cost per product decreases (aka volume discounts) as the quantity of products purchased increases. Essentially, volume pricing works by offering varying pricing thresholds that are tied to the quantity of products purchased. Beneficial to both the sellers and the buyers, this pricing strategy enables the seller to incentivize buyers to increase the volume purchased, as well as attract new customers – increasing revenue, while allowing customers to

Billing 52
article thumbnail

Ex-banker faces €14M bill in German tax scandal

Accounting Today

Former investment banker Martin Shields had already paid €3 million for his part in a dividend-tax refund scheme, and will now pay an extra €11 million.

Billing 189
article thumbnail

Warehouse Wednesday: Acumatica In-depth Part 2

Insightful Accountant

This is a prologue of Murph's second part of his in-depth series on Acumatica. this summary reports on the retail and eCommerce capabilities of Acumatica ERP including numerous eCommerce integrations and integrated POS offerings.

52
article thumbnail

B. Riley struggles to value assets as SEC steps up scrutiny

Accounting Today

The investment firm late Monday said it couldn't file its quarterly report with regulators on time, due to problems in valuing its loans and investments

Auditing 182
article thumbnail

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.

article thumbnail

August's QB Talks is our ProAdvisor Roundtable

Insightful Accountant

This month's edition of QB Talks is a ProAdvisor Roundtable featuring some of our 2024 ProAdvisor Top Award Recipients. Murph and Gary will be hosting this informative discussion with leading ProAdvisors.

52
article thumbnail

Baker Newman Noyes to be led by board of directors

Accounting Today

The Top 100 Firm is retiring the role of managing principal and adopting the new leadership structure on Jan. 1, 2025.

195
195
article thumbnail

IRS News: IRS Provides Extension Filers Summertime Help Ahead of October Deadline

Insightful Accountant

The IRS has encouraged taxpayers who requested an extension of time to file their taxes to consider using IRS Free File and other resources on IRS.gov to help them file over the summer rather than waiting for the October deadline.

Tax 52
article thumbnail

Weather victims in Minnesota get tax relief

Accounting Today

The affected by severe storms and flooding in June now have longer to file and pay.

Tax 195
article thumbnail

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.

article thumbnail

Choosing the Best AI-Powered Solution for Your Finance Team?

Oversight

Oversight has 20 years of experience developing and implementing A.I. solutions for finance professionals.

59
article thumbnail

In the blogs: Party time

Accounting Today

Crypto moves forward; what to know about gambling; new blog in town; and other highlights from our favorite tax bloggers.

Tax 145
article thumbnail

The Importance of Credit Management in Your Business

oAppsNet

Effective credit management is a cornerstone of financial stability and growth for any business. By carefully managing the extension of credit to customers, companies can enhance cash flow, reduce the risk of bad debts, and strengthen customer relationships. Understanding the importance of credit management can help businesses implement strategies that ensure long-term success and financial health.

article thumbnail

The difference between SOC Type 1 and Type 2 reports

Accounting Tools

What is a SOC Type 1 Report? Service organization control (SOC) reports can be either a Type 1 or a Type 2 report. A Type 1 report is management’s description of a service organization’s system and a service auditor’s report on that description and on the suitability of the design of controls. What is a SOC Type 2 Report? A Type 2 report goes a step beyond a Type 1 report, where the service auditor also reports on the operating effectiveness of controls during an audit period.

article thumbnail

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.

article thumbnail

Avoid Costly IRS Mistakes – Why You Should Hire a Remote Tax Preparer 

CapActix

Dealing with the IRS can be one of the most challenging aspects of managing a business. The complexities and nuances of tax regulations mean that even minor oversights can lead to significant financial consequences. Many businesses face the burden of IRS procedural errors, which can result in costly mistakes that are both unexpected and detrimental.

Tax 40
article thumbnail

Trump, Harris duel for voters with budget-busting tax proposals

Accounting Today

From not taxing tips to more than doubling the Child Tax Credit, the two candidates are borrowing from each other's tax playbooks.

Budgeting 312