July, 2023

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Online marketplace opens for clean energy credits

Accounting Today

Basis Climate introduced a digital exchange where companies can buy and sell renewable energy tax credits like the kind offered under the Inflation Reduction Act.

Tax 246
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5 Common Challenges That Financial Controllers Face

Accounting Department

Managing the accounting department is a vital task for any company. As the ultimate authority on the organization's financial affairs, the Financial Controller oversees all aspects of financial operations, from day-to-day tasks to long-term strategic planning. To excel in this role, the controller must possess exceptional skills in data analytics, team management, communication, and financial technology.

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7 tips on how to negotiate pay and approach compensation

Intuit

What is Black Women’s Equal Pay Day? Each year, the date of Black Women’s Equal Pay Day roughly reflects how long a Black woman must work into the year to make what a white, non-Hispanic man made the previous year. The later in the year this day falls, the wider the wage gap. This year, Black Women’s Equal Pay Day is on July 27th, 2023. According to the non-profit organization, the American Association of University Women and ACS Census data, Black women in 2021 made 58 cents for every dollar ea

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Business as usual for Xero Mid-Size Firm of the Year winners: Sempar Accountancy and Tax

Xero

Sempar Accountancy and Tax have been crowned the Xero Mid-size Firm of the Year at the 2023 Xero Awards for UK and Ireland. This award recognises their innovative practice and unwavering commitment to delivering exceptional client service. We take a look at what sets Sempar apart, and how the firm has helped their clients achieve their business goals.

XERO 246
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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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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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ACH Boom Continues Long After Quarantine

Fidesic blog

Last year we published a post about the impact of the 2020 pandemic on accounts payable, in particular, the rise in digital B2B payment methods. As with many of the new trends we saw during the pandemic, this one didn’t go away.

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Geni Whitehouse Named President of Information Technology Alliance

Insightful Accountant

Effective Aug. 1, 2023, the noted thought leader will take the reins of the North American independent membership association of leading mid-market technology professionals, consultants and product/service providers.

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5 Key Metrics for Financial Planning & Analysis

Accounting Department

In the dynamic and competitive business landscape, financial planning and analysis (FP&A) plays a crucial role in guiding organizations toward success. By utilizing key metrics, FP&A provides valuable insights into a company's financial health, identifies trends, and helps business owners make informed decisions that drive profitability and strategic growth.

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4 Free Procurement Training Courses to Impress your Boss

Compleatable

If you’re anything like me, you always want to be learning something new. Even better if it’s related to your work, so you can learn the best practices, find out current trends, and impress your boss! A lot of companies will support staff in studying, but you don’t need to wait for finance to approve your PO if the course is free! I’ve found four free procurement training courses which are aimed at a range of levels from beginner to advanced.

FinOps 20
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Singapore Xero Awards 2023: Congratulations to our winners

Xero

Last night I had the enormous privilege of hosting our very first in-person Xero Singapore Awards ceremony to celebrate the outstanding achievements of our accounting and bookkeeping partners and crown our 2023 winners. It was a brilliant night, bringing everyone together in person again. I loved seeing the camaraderie and festivity in the room as our partners reconnected with one another and cheered each other on.

XERO 243
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Webinar Coming Up! Reducing Accounting Overhead for Long Term Care

Fidesic blog

Is your organization highly mission focused? This webinar is for you. Healthcare, Non-Profits, Dental & Long Term Care professionals, check it out.

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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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You Need a WISP - We've Made it Easy

Insightful Accountant

Liscio's Alison Ball explains how to fast-track your compliance with IRS Pub 4557 and the FTC Safeguards Rule

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BDO USA revenue increases 13.3%

Accounting Today

The firm reports a substantial revenue increase to $2.82 billion as it transitions from a partnership to a professional service corporation.

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Understanding the Important Roles of Inventory Management in E-Commerce Accounting

Accounting Department

This article recaps the important role of inventory management in e-commerce and the vital ways it helps businesses control costs and improve customer relationships.

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What do new CPAs want?

Blake Oliver

I'm honored to have been included in Dr. Sean Stein Smith's recent article " What New CPAs Want: Insights and Recommendations from the Field ," published on the New Jersey Society of CPAs website. It's great to see experienced professionals like Sean gathering perspectives from those just starting out in this profession and their mid-careers. Some common themes are work-life balance, career development, and desiring a high return on our invested time.

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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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Q&A with England Football legend Karen Bardsley

Xero

Ahead of the FIFA Women’s World Cup 2023, we sat down with Karen Bardsley to find out her perspective on the growth of the women’s game. Karen was goalkeeper for the England Women’s team, and she played for and now oversees the women’s teams at Manchester City F.C. Q: When you were younger, did you dream of becoming a professional footballer or did you have another career in mind?

XERO 237
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2028 and Beyond Poll - Dynamics GP Partners

Fidesic blog

Microsoft Partners, We have launched a 6-question poll series exclusively on LinkedIn to find out where how the Dynamics GP Community is preparing for 2028 and Beyond. Check out and follow #2028andBeyondPoll for the current question.

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More Top 100 Clues from Award Recipients

Insightful Accountant

In this second part of Murph's mini-series on "clues to Top 100 from 2023 Aware Recipients', he provides valuable insight into how maximized 'App engagement' is the key to scoring in many different award categories.

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Accounting firms pursue non-traditional applicants in bid to diversify

Accounting Today

CPA firms have been recruiting more people without accounting degrees and backgrounds as a way to fill their open jobs while expanding diversity in their workforce.

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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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The Last ERP System You'll Ever Need

Accounting Department

Every business owner loves growth. It's simple. But what's not so simple is if the business can handle growth. When businesses are operating on dated enterprise resource planning (ERP) systems, it's easy to outgrow and be throttled back on growth because of it.

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55 Fascinating DevOps Statistics You NEED To Know In 2023

CloudZero

Today's development and operations teams are intertwined like the strands of a rope. The two heavily depend on each other to form a stronger, more solid unit. Unlike traditional teams that worked in silos, today's developers and operations’ workflows should work like a well-oiled machine.

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7 Tips for CPAs to Manage Remote Employees During Coronavirus Crisis

Ace Cloud Hosting

In these challenging times, when the coronavirus outbreak has become a menace for most parts of the world, it is not only insisted but advised by the authorities to stay.

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ExpensiCon 3: How Artificial Intelligence Will Save Accounting

Blake Oliver

How will generative AI change the accounting profession? Learn how in this video of my presentation, “How Artificial Intelligence Will Save Accounting.” We’ll explore the transformative impact artificial intelligence will have on the accounting industry in the coming years. With talent shortages causing pressing problems, AI represents a long-awaited solution to boost productivity.

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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.

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Starting Your QuickBooks Online Company File Over

Insightful Accountant

If your QBO Company-file is less than 60 days old, you can simply purge all the data from it and start over. Otherwise, you must cancel your subscription and start a new one.

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IRS tightening filters to screen refundable tax credits for fraud

Accounting Today

The service has updated its systems to detect invalid claims for the Child and Dependent Care Credit and the EITC.

Tax 279
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Keep Manufacturing Businesses Organized with NetSuite

Accounting Department

As a manufacturing business owner, keeping track of every moving part of your operation can be challenging. From tracking inventory levels to managing finances and processing orders, disparate systems can quickly become overwhelming.

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The Ultimate Cloud Storage Pricing Comparison (2023 CHART)

CloudZero

Syncing files and folders across multiple devices, updating them between remote team members, and sharing them across individuals and teams are all essential aspects of running a modern business.

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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

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AWS Textract Teardown - Pros and Cons of using Amazon's Textract in 2023

Nanonets

Text Recognition in 2023 In many companies and organizations, plenty of valuable business data is stored in documents. This data is at the heart of digital transformation. Unfortunately, according to statistics, 80% of all this data is embedded in unstructured formats like business invoices, emails, receipts, PDF documents, and many more. Therefore, to extract and make the most out of information from these documents, companies slowly started relying on Artificial intelligence (AI) based service

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Review of TurboTax LIVE Full Service Business 2023 for Tax Professionals

Blake Oliver

Tax pros - want an inside look at TurboTax's new full-service offering for business returns? My business partner David Leary and I just went through the process of using TurboTax LIVE Full Service for our partnership return and recorded our experience in a new video. Watch to see: How the onboarding and document collection process works Where the experience fell short compared to working directly with a CPA/EA The surprise requirements needed before our preparer could file How responsive and ava

Tax 98
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Like Presents Under the Tree – QuickBooks HR Improvements

Insightful Accountant

Intuit has released—or is about to release—a whole new group of improvements in the HR arena for QuickBooks users with QuickBooks Online Payroll and Workforce.

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Three words can make all the difference for your clients

Accounting Today

Sometimes a straightforward "We appreciate you" is more powerful than a bouquet of flowers or a thank-you card.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.