Fri.Dec 13, 2024

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Hedge fund founder jailed over $1.3B tax scam

Accounting Today

Sanjay Shah was sentenced to 12 years in prison, the heaviest jail term handed down so far in Europe's sprawling Cum-Ex trading scandal.

Tax 241
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Legal Protection in B2B Sales: The Power of Contracts

Enterprise Recovery

In B2B sales, a signed contract is of immense sanctity. It serves as the cornerstone for ensuring security and trust between business partners. These contracts provide a clear framework for the business relationship, outlining the rights and obligations of each party involved. This assurance is invaluable in fostering a stable and reliable partnership, as it minimizes the risk of disputes and misunderstandings.

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Death to A/R

Accounting Today

Professionals should never be bill collectors.

Billing 29
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20 Employee Retention Strategies to Keep Your Top Talent in 2025

Fit Small Business

Employee retention strategies benefit your companys growth by helping promote cost savings, increasing productivity, establishing your brands reputation, and, ultimately, retaining top talent. The simplest approach is to compensate your employees with fair wages and benefits, focus on work-life balance, and provide opportunities for development and upward mobility.

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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 With construction projects becoming more complex, outdated processes are no longer sustainable.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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IRS, Treasury release final rules for Investment Tax Credit for energy

Accounting Today

The Inflation Reduction Act extended the tax incentives for clean energy development project developers, and the new rules add more clarity.

Tax 130
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The Role of a Company Constitution in Singapore

Counto

The Role of a Company Constitution in Singapore When incorporating your small business in Singapore, one of the most important legal documents you must prepare is the company constitution. Often overlooked, the company constitution serves as the backbone of your businesss governance and operations, outlining the rules, internal structure, and key processes.

Tax 52

More Trending

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Mastering Cash Flow Statements: What Every SME in Singapore Needs to Know

Counto

Mastering Cash Flow Statements: What Every SME in Singapore Needs to Know For small and medium-sized enterprises (SMEs) in Singapore, mastering cash flow statements is crucial for sustaining growth, ensuring operational efficiency, and navigating the complexities of a competitive market. One of the most powerful tools in understanding and improving cash flow is the cash flow statement.

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Stop trying to engage your employees

Accounting Today

Equip employees to self-engage.

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Overcoming the Challenges of Remote Sales in a Startup Environment

Counto

Overcoming the Challenges of Remote Sales in a Startup Environment In todays fast-paced business world, remote sales have become a necessity, especially for startups in Singapore. While offering flexibility and efficiency, remote sales also bring unique challenges, particularly for businesses used to in-person interactions. These challenges extend to both sales and accounting processes, as managing remote sales requires seamless coordination between client relations, accounting, and sales servic

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On the move: INCPAS bestows annual awards

Accounting Today

GRI appoints new CEO; Tennessee Society of CPAs celebrates Accounting Opportunities Month; and more from across the profession.

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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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5 Best ACI TaskTracker Alternatives for 2025

Jetpack Workflow

Need a new task management solution now that ACI TaskTracker has been discontinued? If youre a CPA or tax professional searching for a task-tracking solution thats easy to use and streamlines client work, there are a few popular options worth considering. In this article, we highlight five workflow alternatives successful accounting firms use to meet critical deadlines, collaborate with team members, and keep client work organized. 1.

Billing 52
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Tech News: Protiviti awarded patent on automated audit artifact reconciliation process

Accounting Today

Plus, Avalara named leader in three IDC MarketScape reports; LeaseCrunch to hold webinar; and other accounting tech updates.

Auditing 130
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Accounts Payable Fraud: Red Flags & 10 Methods of Prevention

oAppsNet

Accounts payable (AP) fraud is a growing threat to businesses of all sizes. Fraudsters are finding increasingly creative ways to exploit vulnerabilities within the accounts payable process, leading to significant financial losses for companies. If left unchecked, accounts payable fraud can disrupt cash flow, damage supplier relationships, and erode the reputation of a business.

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Clarify Capital Review

Fit Small Business

Clarify Capital is a loan broker that offers small business financing solutions for a wide variety of borrowers. With loan options such as term loans, lines of credit, and equipment financing, business owners needing financing can be presented with multiple loan options with a single application. In this review, I will go over Clarify Capitals. The post Clarify Capital Review appeared first on Fit Small Business.

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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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Navigating Share Capital and Shareholder Agreements During Company Incorporation

Counto

Navigating Share Capital and Shareholder Agreements During Company Incorporation When incorporating a company in Singapore, understanding the fundamentals of share capital and shareholder agreements is essential for ensuring smooth operations and future growth. Both elements are crucial to structuring your companys ownership and defining the rights and responsibilities of its shareholders.

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15+ Factors to Consider When Setting Up Cloud Infrastructure

Economize

Setting up a cloud infrastructure is a smart way for businesses to save money. It removes the hassle of buying and managing hardware or hiring large IT teams to support your business. Instead, you get flexible, on-demand resources while avoiding the upfront costs and complexities of traditional hardware investments.

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Role of Digital Signatures in Company Incorporation in Singapore

Counto

Role of Digital Signatures in Company Incorporation in Singapore When starting a new business, ensuring smooth and compliant operations is crucial. In company incorporation in Singapore, one key aspect that has become increasingly important is the use of digital signatures. These digital tools have revolutionised the way business owners can complete necessary documentation and sign legally binding agreements.

Tax 52
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Why Does Your Business Need Proper GST Billing Software?

Invoicera

It is becoming more apparent to businesses that GST billing processes can best be handled through automation. With more than 1.4 crore GST taxpayers registered in India, the trend of using software solutions is evident. While small and large enterprises work towards achieving proper GST compliance , they can ease the process of tax returns and invoices through digital tools.

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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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Post-Incorporation Requirements: What to Do After Your Company is Registered in Singapore

Counto

Post-Incorporation Requirements: What to Do After Your Company is Registered in Singapore When your company is registered in Singapore , it marks the start of your business journey. However, incorporation is just the first step. To ensure compliance with Singapores regulatory framework, there are several post-incorporation requirements that every business must meet.

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A tax themed Christmas Carol

Accounting Fun

We nick ye merry gentlemen and confiscate your sleigh For using it to bootleg booze and ciggies from Calais To you we're wise, you've dodged excise, We've tailed you all the way. You're go-o- ing to pris-i-on old boy! Oh what a joy! You're go-o-ing to Wormwood Scrubs old boy!

Tax 40
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Understanding the Role of a Company Secretary in Singapore Company Incorporation

Counto

Understanding the Role of a Company Secretary in Singapore Company Incorporation When incorporating a company in Singapore, one of the essential requirements that founders must consider is appointing a company secretary. While the title might seem straightforward, the role of a Company Secretary is crucial to ensuring legal compliance, efficient business operations, and maintaining good corporate governance.

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Trump's tax cuts may fail to boost economy

Accounting Today

A new analysis from the Committee for a Responsible Federal Budget warns that extending the expiring tax cuts could do almost nothing to grow the economy.

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

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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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The Importance of Due Diligence and Know Your Customer (KYC) in Singapore Company Incorporation

Counto

The Importance of Due Diligence and Know Your Customer (KYC) in Singapore Company Incorporation When incorporating a company in Singapore, ensuring compliance with the law is critical. One essential aspect of this process is due diligence , particularly the Know Your Customer (KYC) requirements. These regulatory measures have become increasingly important in the fight against financial crimes, including money laundering and fraud.

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Trump woos Wall Street with corporate tax cuts at NYSE visit

Accounting Today

The president-elect vowed to lower the corporate rate to 15% from 21% and is talking with his advisors about cutting levies on capital gains and dividends.

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Tax Implications and Incentives for New Companies in Singapore

Counto

Tax Implications and Incentives for New Companies in Singapore When launching a business, understanding the tax implications and available incentives for new companies in Singapore is crucial for long-term success. A reliable company incorporation service can help guide you through the setup process and ensure compliance with tax laws. Singapore offers a highly favourable tax environment, with various exemptions, rebates, and deductions that can significantly reduce a companys tax burden, partic

Tax 52
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Choosing the Right Vesting Schedule for Your Singapore Startup

Counto

Choosing the Right Vesting Schedule for Your Singapore Startup As an entrepreneur in Singapore, equity allocation is one of the most impactful decisions for your team and company. A thoughtful vesting schedule not only motivates long-term commitment but also ensures fairness and protects your businesss equity. When you begin your business registration service , it’s important to also consider the equity structure that will set your startup on the path to success.

Tax 52
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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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Avoiding Common Pitfalls: Navigating Vesting Schedules in Company Incorporation

Counto

Avoiding Common Pitfalls: Navigating Vesting Schedules in Company Incorporation As a small business owner in Singapore, ensuring the right allocation of equity in your company is vital to its success. One critical component to consider is the vesting schedule, which helps retain key team members and assures investors that the companys founders are committed.

Tax 52