Wed.Jan 29, 2025

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Utilizing FP&A for More Effective Financial Planning

Accounting Department

For any business owner, prioritizing the companys 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 hasnt 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?

Budgeting 276
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Rupert Murdoch tests how irrevocable a trust can be

Accounting Today

The media mogul is in court to allow him to change the terms of a trust but it's not that easy.

Tax 309
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Top Remote Accounting Candidates for Hire | January 30, 2025

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 this week’s top remote tax and accounting candidates. Sign up now to receive the full list of available top accounting candidates on a weekly basis!

CPA 52
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Archeologists uncover tax fraud in ancient Rome

Accounting Today

Court documents from an ancient tax fraud and forgery case show that tax evasion was an issue even 2,000 years ago.

Tax 305
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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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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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Hiring Update: January 2025 | 2024 Recap + 2025 Outlook

accountingfly

Sharing our perspective on the latest hiring trends in accounting that impact talent acquisition – Tax Season; Hiring Hybrid and Remote; Salary Updates. All content is 100% written by the real humans working here at Accountingfly. Looking Back at 2024 Accountingfly By the Numbers: Candidates 30,000+ applications received/reviewed 1,000+ candidates selected for interviews 400+ top candidates featured in weekly emails to Accountingflys Always-On Recruiting clients, plus many more delivered d

CPA 52
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IRS reduces wait times for some identity theft victims

Accounting Today

The Internal Revenue Service is making progress on whittling down the amount of time it takes to help victims of tax-related identity theft.

Tax 200

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Tax Strategy: Developments in the taxation of digital assets

Accounting Today

Inside the IRS's recent focus on broker reporting of digital asset transactions and the Form 1099-DA.

Tax 183
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A Guide to Cost-Plus Pricing: Definition, Benefits and Strategy

Billing Platform

One of the most straightforward pricing strategies for the sale of goods and services, cost-plus pricing is a pricing model where a fixed percentage is added to the cost of producing or purchasing the product. Its also known as cost-based pricing and markup pricing. A simple example of, What is cost-plus pricing? is: Regardless of whether you purchase a bottle of juice or a hybrid vehicle, the price you pay is often much higher than what it actually costs to produce or purchase the item.

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Leadership transitions: A chance for change

Accounting Today

A change in command is a natural time for firms and their leaders to take stock of where they are, and to consider new directions, new ideas and new approaches.

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Sage Copilot's data leak reveals the hidden dangers of AI in accounting

Blake Oliver

Sage Copilot (their new AI chatbot) reportedly showed one customer's financial data to another. The incident happened when users asked Sage Copilot for a list of recent invoices. The AI displayed invoices from other businesses. This is one of the big security challenges of integrating AI into SaaS business systems. If the same AI can access multiple companies, it could unintentionally reveal information to the wrong customer.

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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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Convicted hedge fund trader wins cut in prison term in tax scandal case

Accounting Today

The massive scandal cost Denmark's treasury a total of 12.7 billion kroner ($1.8 billion).

Tax 162
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Summarizing the 2025 Acumatica Summit

Insightful Accountant

Murph wraps up his Las Vegas reporting from this years Acumatica Summit with a summary of what hes learned.

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Multi-entity complexity and family office clients

Accounting Today

For accountants with clients with multiple entities, one of the biggest bottlenecks is in multi-entity consolidation, especially family offices. How can you, as their trusted advisor, help combat the issue?

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How to Handle an Upset Client

Future Firm

Every firm will have unhappy clients. Discover quick and effective ways to turn situations around and keep clients happy. The post How to Handle an Upset Client appeared first on Future Firm.

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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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It's time to modernize the painfully obsolete $150K PAL threshold

Accounting Today

While other parts of the Tax Code are updated routinely, the passive activity threshold threshold has stayed frozen in time, punishing hardworking Americans.

Tax 133
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Finout's Round C - A Milestone Moment for Finout and the FinOps Community

finout

Today, were proud to announce a pivotal milestone in Finouts journey: our $40M Series C funding, led by Insight Partners, with participation from Pitango, Team8, Red Dot Capital, and Maor Investments. This moment is not just a testament to Finouts growth but a reflection of the critical role FinOps now plays in modern enterprises.

FinOps 52
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top 10 best payroll companies

Black Ink Tax & Accounting

Table of Contents Top 10 Best Payroll Companies 2025 Payroll management is an important operation for businesses of all sizes. […] The post top 10 best payroll companies appeared first on bitaccounting.

Payroll 40
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IBAN vs. SWIFT BIC Code: Are These the Same Thing?

Tipalti

IBAN vs. SWIFT codes are both internationally recognized for identifying bank accounts when a transfer is being made. The specific identifier required depends on the countries involved, as well as the recipient's bank.

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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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7 Reasons Why Bookkeeping is Important for Your Small Business Success

Black Ink Tax & Accounting

Table of Contents Top 10 Best Payroll Companies 2025 Payroll management is an important operation for businesses of all sizes. […] The post 7 Reasons Why Bookkeeping is Important for Your Small Business Success appeared first on bitaccounting.

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Bessent sworn in as 79th Treasury Secretary

Accounting Today

Bessent is expected to be a key advocate for the Trump administration's much-anticipated tax cut package.

Tax 147
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Trump freeze targets Biden's green bank, EV tax credits and more

Accounting Today

A $400 billion green bank for clean energy projects and a consumer tax credit for electric vehicles are being reviewed under a government-wide spending freeze.

Tax 113