Thu.Nov 21, 2024

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The Secret Weapon for SMBs Thriving with CFO Support Services

Accounting Department

In the dynamic business world, financial strategy plays a pivotal role in determining success. But what if your small or medium-sized business (SMB) can't afford a full-time financial executive? Enter CFO Support Services —a game-changer for SMBs and startups alike. This blog uncovers the essence of a CFO support service provider, the immense value they bring, and why your business might need one.

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Jackson Hewitt looks to hire thousands for tax season

Accounting Today

The tax prep giant is once again looking to bring on close to 20,000 seasonal workers.

Tax 298
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5 Accounts Receivable Collection Mistakes You Should Avoid

Gaviti

Many businesses underestimate the importance of their accounts receivable (A/R) process, assuming they’ll “get paid eventually.” This mindset often leads to underinvestment in collections efforts, and when budget cuts are necessary, accounting departments like collections are typically the first affected. However, maintaining a steady cash flow is essential for business survival, and efficient collections directly impact the bottom line.

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Tough choices ahead in the federal, state and local tax landscape

Accounting Today

Who controls how many branches of government is having repercussions at every level.

Tax 290
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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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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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Behind the Scenes of a Private Equity Backed Accounting Firm w/Tim Brackney

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, host David Cristello welcomes Tim Brackney , the Chief Executive Officer of Springline Advisory , a firm backed by private equity. They delve into the philosophy of utilizing talent from small firms to enhance shared services, while also discussing the complexities and nuances of private equity in the industry.

CPA 59
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PCAOB adopts far-reaching metrics and reporting standards

Accounting Today

The Public Company Accounting Oversight Board voted to adopt new requirements to report on various metrics for the firm and its engagements.

More Trending

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Private equity isn't a silver bullet

Accounting Today

PE brings a lot to accounting, but it's not for everyone, say experts at Accounting Today's PE Summit.

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10 Best Invoicing Software For Digital Agencies

Invoicera

Owning a digital agency is not an easy job! There are multiple tasks, clients, and invoices to issue. And at times, invoicing becomes so tough manually! But thankfully! There are a number of invoicing software that could help you to save time and make the invoicing job easy. The right invoicing tool can help you manage invoicing, payment tracking, and payment collection easily.

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IRS to accept duplicate dependent returns with an IP PIN

Accounting Today

The Internal Revenue Service will begin accepting e-filed tax returns that contain dependents who have already been claimed on another taxpayer's return.

Tax 259
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Your Guide to Accounts Receivable Aging Reports & How to Calculate AR Aging

Billing Platform

Does your organization extend credit to customers? Do members of your accounts receivable team find themselves overwhelmed with the task of determining which customers have uncollected debt? An accounts receivable (AR) aging report simplifies the process and expedites receiving the money youre owed. Wait a minute, what is aging accounts receivable? Accounts receivable aging is a periodic report that categorizes a companys accounts receivables according to the length of time an invoice is outstan

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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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Gary Gensler plans to step down from SEC in January

Accounting Today

The SEC chair's ambitious agenda drew fierce resistance from Wall Street and the crypto industry.

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8 Best Invoicing Software For Gym And Fitness Clubs

Invoicera

Running a fitness club takes a lot of effort, and handling invoices is no exception. With a 3-4% annual fitness industry growth over the past ten years and 20% of Americans currently holding a fitness club membership, according to the International Health, Racquet, & Sportsclub Association (IHRSA) , gyms and fitness centers are busier than ever.

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Can a multistate business entity dissolve in one state but continue operations in others?

Accounting Today

There are ways the business owners can continue to operate in the other states.

Tax 147
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Top Remote Accounting Candidates for Hire | November 21, 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!

CPA 52
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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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Investigation collaborator stands trial over €428M tax scheme

Accounting Today

Kai-Uwe Steck, one of the main collaborators with German prosecutors in their vast Cum-Ex probe, appeared in a Bonn court.

Tax 130
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Intuit Offering new 'Level 1' Certification Prep V-con

Insightful Accountant

Intuit will provide a free virtual conference with live training for the new 'Level 1' QuickBooks Online ProAdvisor Certification.

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The impact of the 'racial will gap' on wealth

Accounting Today

A new study shows how the estate planning work of financial advisors carries a direct connection to reducing disparities over time.

Tax 113
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Murph's Payroll Solutions Comparison

Insightful Accountant

December 12 is the upcoming date for our next 'Be Insightful' Premium Content App Comparison covering twelve Payroll Solutions.

Payroll 52
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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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5 ways to get the most from your accountant relationship

Plooto

When you run or manage a small business, having the right accountant can be a lifesaver. They can support you in areas that you don’t have the time for or expertise in, from reconciling your books to understanding where your cash flow stands.

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Essential Strategies for Managing Finance in Healthcare

Tipalti

Optimize finance in the healthcare industry with efficient management practices and the benefits of AP automation for enhanced productivity.

AP 40
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IRS 1099 NEC Form: Definition, Purpose, and How to Fill it Correctly

Ace Cloud Hosting

The IRS 1099-NEC form is a key document for reporting non-employee compensation. Whether you’re a freelancer, contractor, or business owner, this form helps you report payments made to independent workers.

Tax 40
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TIGTA assesses IRS efforts to respond to Oct. 7 attack in Israel

Accounting Today

The Treasury Inspector General for Tax Administration issued a report Thursday on the Internal Revenue Service's response to the Oct. 7, 2023 attack on Israel by Hamas.

Tax 162
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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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Cooking up success with Intuit’s Food Truck program

Intuit

Seasoned Chef brings flavor and heat to Morse High School Award-winning culinary entrepreneur, Chef Phillip Esteban, recently visited his alma mater, Morse High School. As part of the Intuit Food Truck Program, he met with culinary students and shared his experience working in the food industry. Esteban’s journey began when he graduated from Morse High School in 2000.

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Cohn says Trump has 'plenty of time' to settle on Treasury pick

Accounting Today

Hedge fund executive Scott Bessent, Apollo Global Management executive Marc Rowan and former Federal Reserve Governor Kevin Warsh remain among the leading contenders for the post.

Tax 246
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A career defined by purpose—one employee’s journey

Intuit

The benefits of returning to a former workforce is a hot topic. And intuitively, it makes sense for employees to fit into a team and culture that are familiar to them. But for Amit Raj, the decision to return to Intuit was not based solely on the prospect of career growth. Rather, his choice was fueled by a deep-seated purpose as he considered several critical factors: Am I inspired by Intuit’s tech path and culture?

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New York's Lawler says SALT cap must go to pass GOP tax bill

Accounting Today

A New York Republican congressman says that lifting the cap on state and local taxes will be crucial to getting Trump's tax overhaul through the House.

Tax 130
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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.