Thu.Nov 07, 2024

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IFAC names next president

Accounting Today

The International Federation of Accountants named its next president, deputy president, new board members and approved member organizations.

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ADC Gets "Unbridled" at EO XCentric!

Accounting Department

Our final Entrepreneurs' Organization (EO) event of the year, EO XCentric, took place in Fort Worth last week and ADC's Shawn Marcum, fresh off of EO Alchemy, set out to Texas and spend some time with all of the great event attendees.

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Changing the way people think about accounting

Accounting Today

For an industry that's often stereotyped as stagnant, the world of accounting is changing at unprecedented speed.

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FOCUS 1.1 Now Available. Adoption Continues for Practitioners and Vendors.

FinOps Foundation

Key Insight: Version 1.1, the fourth release of the FOCUS Specification, is now available for cloud vendors and FinOps Practitioners to adopt. This version adds new Columns that deepen support for billing data generated by cloud service providers, giving Practitioners the ability to do more granular, multi-vendor analysis. The community can expect incremental releases roughly twice per year over the next several years as the Specification is expanded to support SaaS datasets and other technology

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

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Could your client use the IRA 'bridge' strategy? Here are the numbers

Accounting Today

Financial advisors, tax professionals and their clients will need to make careful planning decisions about claiming Social Security benefits and starting distributions.

Tax 203
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Using LinkedIn to Drive $500K+ in CAS Services w/Roman Villardd

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, host David Cristello welcomes Roman Villard, CPA , founder of Full Send Finance and co-founder of Full Send Design. The conversation kicks off with a focus on the importance of consistency in achieving success across various endeavors, including social media and business. Roman shares insights from his experiences on LinkedIn, where his consistent efforts have significantly increased awareness of his brand and services over the past year and

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Top ProAdvisor Profiles: Stephanie Elia

Insightful Accountant

This week's Top ProAdvisor Profile focuses on Stephanie Elia of Elia Business Services of South Easton, Massachusetts.

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Vanguard to pay $40M to settle 'elephant stampede' investor case

Accounting Today

Target-date fund holders who invested through taxable accounts absorbed a giant capital gains distribution because of the firm's flub, the plaintiffs say.

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Push Through or Pivot? Finding the Balance for Long-Term Success

Insightful Accountant

Recently, we had the chance to reflect on some common situations we’ve seen firms encounter—moments where it’s unclear whether to push through with a strategy or pause to reassess.

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M&A roundup: Aldrich and GHJ expand

Accounting Today

Aldrich acquires HMA CPA; and GHJ merges in GGF.

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Solve Your Firms Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

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How to Optimise Payroll for Restaurant Staff and Shift Workers

Counto

How to Optimise Payroll for Restaurant Staff and Shift Workers Managing payroll effectively is crucial for restaurant owners, especially when dealing with restaurant staff and shift workers in Singapore. Optimising payroll helps reduce labour costs while ensuring staff are compensated fairly. Here are practical strategies to help you optimise payroll in your restaurant operations. 1.

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IRS financial report resolves longtime deficiency

Accounting Today

The IRS beefed up its information technology internal controls.

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Ignition publishes 2024 US Accounting & Tax Pricing Study

Insightful Accountant

Ignition has just released its 2024 U.S. Accounting and Tax Pricing Benchmark report. The report contains valuable information on the industry's current fees and pricing intentions for 2024.

Tax 52
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Top Remote Accounting Candidates for Hire | November 7, 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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Confronting the Change Challenge

Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.

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Understanding the Right to Disconnect: A Comprehensive Guide

Fit Small Business

What is the Right to Disconnect? The right to disconnect simply means that an employee is not obligated to perform any work-related tasks outside of their regular working hours. It’s intended to protect those employees who choose not to or refuse to respond to emails, phone calls, or requests when they are not working. The. The post Understanding the Right to Disconnect: A Comprehensive Guide appeared first on Fit Small Business.

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Addressing Burnout: Practical Strategies for SME Owners in Singapore

Counto

Addressing Burnout: Practical Strategies for SME Owners in Singapore The demands of running a small or medium-sized business in Singapore often bring intense pressures that can lead to burnout. SME owners must navigate financial complexities, manage teams effectively, and keep pace with regulatory requirements—all while remaining competitive in a dynamic market.

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Arizona Business Insurance Guide

Fit Small Business

Arizona is home to five different climate zones, two time zones, the Navajo Nation, the Grand Canyon, and a healthy economy driven by small businesses. Small businesses are a key part of employment, taxes, and production in Arizona. Small business insurance in Arizona is an important part of the economy both in its contribution to. The post Arizona Business Insurance Guide appeared first on Fit Small Business.

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Implementing Flexible Work Arrangements: A Key to Reducing Stress for SMEs in Singapore

Counto

Implementing Flexible Work Arrangements: A Key to Reducing Stress for SMEs in Singapore In recent years, flexible work arrangements (FWAs) have become an increasingly popular solution for businesses worldwide, including in Singapore. For small and medium-sized enterprises (SMEs), implementing FWAs presents an opportunity not only to attract and retain talent but also to reduce stress and improve employee well-being.

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How To Optimize Cash Flow: Your Roadmap To Resilience!

Speaker: Genevieve Hancock, CPA

Cash flow isn’t just about balancing numbers - it's about ensuring your organization is positioned for both immediate stability and long-term success. Understanding that cash flow management fuels every decision, every opportunity, and every growth phase is critical. But how can you shift from simply managing cash to strategically optimizing it for resilience?

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How to Do Progress Invoicing in QuickBooks Online

Fit Small Business

I’ll show you how to do progress invoicing in QuickBooks Online, which allows you to issue partial invoices from a single estimate. I’ll walk you through all the steps—from turning on progress invoicing to creating an estimate and generating a progress invoice from that estimate. I’ll also show you how to specify how much of. The post How to Do Progress Invoicing in QuickBooks Online appeared first on Fit Small Business.

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The Impact of E-commerce Growth on Transfer Pricing for Online Sellers in Singapore

Counto

The Impact of E-commerce Growth on Transfer Pricing for Online Sellers in Singapore As e-commerce continues to thrive, online businesses in Singapore face growing challenges when it comes to transfer pricing. In this digital age, adhering to transfer pricing regulations has become essential for businesses to ensure compliance and avoid penalties. This post will delve into how e-commerce growth is reshaping transfer pricing for online sellers in Singapore and highlight the best practices to remai

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4 Best Safety Management Software

Fit Small Business

Safety management systems help you manage, track, and improve workplace well-being and safety compliance. Designed to ensure employee health and safety while in the workplace, the best safety management software offers comprehensive emergency alerts, reporting and analytics, and risk assessment tools that allow you to identify and proactively address potential hazards.

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Top Klippa alternatives for streamlined document processing

Nanonets

Klippa DocHorizon might be on your radar if you’re looking to automate your document processing. This AI-powered platform transforms your documents — from invoices and receipts to complex business forms — into usable data. What makes Klippa stand out is its comprehensive approach to document automation. The platform doesn't just read your documents; it understands the context.

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Travel and Expense Policy Success: Your Essential Checklist

Setting the stage for successful organizational change always begins with clear, thoughtful communication. When it comes to rolling out a new travel and expense (T&E) policy, establishing a well-structured communication plan is key to ensuring that all employees understand the changes and their impact. By following a step-by-step approach, you can guide your organization through the transition, fostering smooth adoption from the outset and improving compliance.

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Pros and Cons of Merchant Financing for Small Businesses

Fit Small Business

If you’re having trouble getting approved for a traditional loan, merchant financing can provide you with the funds needed to cover daily expenses or other funding needs. It is typically easier to get and rarely requires any additional collateral since your sales are considered collateral for the loan. Additionally, since repayments are often calculated based.

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Key Differences in Compliance Between Sole Proprietorships and LLPs in Singapore

Counto

Key Differences in Compliance Between Sole Proprietorships and LLPs in Singapore When starting a business in Singapore, small and medium enterprises (SMEs) often consider various structures, with Sole Proprietorship (SP) and Limited Liability Partnership (LLP) being two common options. Each has distinct compliance requirements and implications. This blog highlights the key differences in compliance between Sole Proprietorships and LLPs, helping you make an informed choice. 1.

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Top 7 Benefits of Diversity in the Workplace

Fit Small Business

Diversity in the workplace is more than just ticking boxes or meeting quotas for hiring people from specific demographic groups or using inclusive language. Genuine diversity, equity, and inclusion (DEI) involves creating an environment where all employees feel valued, respected, and empowered to contribute fully. When organizations embrace this, they unlock a wealth of benefits.

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Exploring the New QuickBooks ProAdvisor Academy: Certification and Training Reinvented

Insightful Accountant

The QuickBooks ProAdvisor Academy, a fresh initiative by Intuit, brings new levels of flexibility and rigor to accounting professionals pursuing QuickBooks certifications. And…it’s all FREE!

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The New Frontier: A Guide to Monetizing AI Offerings

Speaker: Michael Mansard and Katherine Shealy

Generative AI is no longer just an exciting technological advancement––it’s a seismic shift in the SaaS landscape. Companies today are grappling with how to not only integrate AI into their products but how to do so in a way that makes financial sense. With the cost of developing AI capabilities growing, finding a flexible monetization strategy has become mission critical.

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Top 10 Super AI Alternatives for Document Processing

Nanonets

Super.AI is an Intelligent Document Processing (IDP) platform that harnesses the power of Large Language Models (LLMs) to extract data from any document with guaranteed accuracy.  By offering access to the latest AI models and an on-demand human-in-the-loop (HITL) review through its Data Processing Crowd, Super.AI ensures high-quality results, supporting businesses in generating precise, labeled data essential for training AI models across various industries.

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Managing Your Tax Practice's Risk Landscape in 2024: A Guide for Practice Leaders

Insightful Accountant

As tax practice leaders navigate 2024's complex landscape, three major liability challenges demand immediate attention: the new Corporate Transparency Act (CTA), artificial intelligence integration, and evolving cybersecurity threats.

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FinOps X Barcelona 2024: My Session Picks and Recommendations

finout

This article examines how you can manage Snowflake costs and reduce spend with a few easy steps,

FinOps 52
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Understanding Singapore’s Tax Requirements for F&B Businesses

Counto

Understanding Singapore’s Tax Requirements for F&B Businesses Running a food and beverage (F&B) business in Singapore presents unique opportunities and challenges, especially when it comes to understanding Singapore’s tax requirements. For small business owners in the F&B sector, it’s crucial to stay informed about the various tax obligations and financial regulations that affect daily operations.

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Navigating Corporate Travel Changes Post-Pandemic

Global business travel is surging, with companies spending as much as or more than they did before the pandemic. This trend is expected to continue, with more growth on the horizon. The types of travelers are also changing, with millennials and Gen Zers taking on the majority of the load. Business travel is evolving, and younger generations expect less hassle, even though there are more ways to book and pay for travel than ever before.