Sat.Aug 20, 2022 - Fri.Aug 26, 2022

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IRS will wipe away $1.2B in late fees from pandemic

Accounting Today

Tax 325
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Payroll history is launching in Australia

Xero

This week, one of our most highly requested product updates will be going live in Xero Payroll: payroll history. We listened to you, our customers and community, and will be launching the first stage of the feature in Australia – employee records. So, what does this mean? You’ll now have an easy-to-access audit trail of changes made within Xero by a small business owner, advisor or app partner.

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8 common accounts payable pitfalls and how to avoid them

AP Association

It's tough enough running a business without having to worry about making mistakes with your accounts payable. Even the best-managed businesses can fall into common traps that can cause problems down the road. By being aware of these traps and taking steps to avoid them, you can save yourself a lot of headaches. The following is a list of the most common accounts payable mistakes you should watch out for and try your best to avoid.

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Introducing Framework Updates

FinOps Foundation

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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 With construction projects becoming more complex, outdated processes are no longer sustainable.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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California pass-through entity tax credit circumvents SALT cap

Accounting Today

Tax 277
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Eight tips to prepare for (and make the most of) Xerocon Sydney

Xero

In just a couple of weeks, accountants and bookkeepers from all over Australia, New Zealand and Asia will descend upon Sydney’s International Convention Centre (ICC) for two days of inspiration, education, connection and fun. You guessed it; we’re talking about the return of Xerocon! After a three-year hiatus, we couldn’t be more excited to bring you – our partner community – together again at the world’s most beautiful and innovative conference for cloud accounting leaders. .

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More Trending

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25 Crucial DevOps Automation Tools Your Team Needs In 2022

CloudZero

With technology advancing and the business environment becoming increasingly competitive, your DevOps team needs to continually improve your product. Yet releasing new product features and improving existing ones require freeing up their time. You can do this by automating repetitive tasks.

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Do we need accounting firms?

Accounting Today

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What to expect from Xerocon Sydney

Xero

In case you haven’t heard, Xerocon is back with a bang. From London to New Orleans, and soon, Sydney, this year’s event series is an international tour celebrating our partner community around the globe. Whether you’re a first-timer or veteran, it’s safe to say you can expect the unexpected. After all, it’s been coined the world’s most beautiful and innovative conference for cloud accounting leaders for a good reason.

XERO 264
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Everything You Should Look For in a Procure to Pay Solution

AvidXchange

Everything comes at a cost. Companies must charge for the materials and services they use to create the final product, plus a little extra to ensure a return on investment of raw goods. In the B2B world, this is known as the procure-to-pay process. Table of Contents What is Procure-to-Pay? The procure-to-pay (also known as purchase-to-pay or P2P) process is the cycle in which businesses inquire, request, receive, and then pay for raw goods and services.

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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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15 Essential Container Orchestration Tools For 2022

CloudZero

Managing containerized applications or microservices can be difficult. It is even more demanding and error-prone if you do it manually. So, what’s the alternative?

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Supreme Court to hear case involving taxation of U.S. expats

Accounting Today

Tax 264
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The top three security priorities for your organization as you look ahead

Xero

The last two days at Xerocon New Orleans have been a fantastic whirlwind, and I was particularly thrilled to speak about my favourite topic – how to keep your practice cyber safe – in a breakout session on the second day for our delegates. . As Xero’s General Manager for Security Assurance, this is a topic very close to my heart, and it’s this education and awareness piece that makes up a huge part of the work my team and I do on a day-to-day basis. .

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Where does FinOps stop and GreenOps begin?

The FinOps Alliance

FinOps vs. GreenOps vs. Sustainability Since FinOps started gaining traction in the larger cloud technology community, we’ve seen an increase in the use of the term ‘GreenOps’ as well. For a lot of organisations, the goal of FinOps is reasonably clear, while GreenOps tends to just be ‘FinOps, but for sustainability’. We think there is more to the story than just that.

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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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5 Things A Successful VPE And CTO Should Do Every Day

CloudZero

Great leaders know how to think big. As a VPE or CTO, your leadership role puts you in a position to make important changes and guide policy.

FinOps 98
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What the student debt forgiveness plan would mean for taxpayers and the U.S. economy

Accounting Today

Tax 264
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Xero Small Business Insights expands to the United States and Canada, providing timely updates on state of small business

Xero

It takes passion and perseverance to run a small business. I saw this first hand growing up in my family’s small business in rural Canada. Now, more than ever, running a successful small business takes insight. Historical trends and timely market data can, when used effectively, help small businesses and their advisors adapt to complex present realities and prepare for future ones.

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Flawless Execution of Professional Billing for Northern Regional Hospital

SSI Healthcare Rev Cycle Solutions

Flawless Execution of Professional Billing for Northern Regional Hospital. August 24, 2022. August 24, 2022. Northern Regional Hospital is a leading provider of quality, affordable medical care, serving patients in Mount Airy, NC, and surrounding regions since 1953. The hospital features comprehensive healthcare solutions for an expansive range of specialties, including state-of-the-art emergency, diagnostics, and surgery centers.

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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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How One Church Focuses on Paying It Forward Instead of Worrying About Accounts Payables

AvidXchange

Daniel Miracola with Central Presbyterian Church shares how AvidXchange helped to automate their accounts payable process, allowing them to scale while reinvesting their savings back into the church. Central Presbyterian Church is a historic congregation on the Upper East Side of Manhattan, founded by pastor and abolitionist William Patton in 1821. After experiencing a period of decline in the early 2000s, the church has grown its congregation into a culturally diverse body of more than 500 m

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The future of the Metaverse holds great promise. The present, less so.

Accounting Today

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The KaiXen chapters: Xero’s approach to continual improvement

Xero

In Japanese philosophy, change is represented by the word ‘kai’, and ‘zen’ means ‘for the better’. As we rapidly scale our technology capabilities in the pursuit of becoming the world’s most sustainably excellent engineering company, we know just how important the kaizen approach to continual improvement – small changes, over time – is in how we identify problems, and solve them. .

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The Ins and Outs of Non-Profit Accounting

Brigade

Non-Profit organizations are often made up of passionate team members dedicated to supporting their community or cause, and not many have a professional accountant on staff. These organizations require the same basic financial tracking and services as other businesses (expenses, invoices, accounts payable, accounts receivable, etc.) but can sometimes require extra support, especially when funding through grants, recording donations or reporting to a board of directors is involved.

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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 Accountant’s Guide to Standardised VAT Returns

Dext

Whether you pull together the client’s VAT returns or another staff member does the work, a robust framework allows you to standardise your firm’s process, mitigating the risk of human-error, no matter who is doing the work. In this guide, we’ll be sharing what that looks like.

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IRS offers tax penalty relief to late-filing taxpayers, refunding $1.2B in penalties

Accounting Today

Tax 264
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Building for the future with Best Accountancy Services (Plymouth) Ltd and MTD for ITSA

Xero

The road to Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is long and winding, but the end is in sight. From April 2024, sole traders and landlords with a total annual turnover above £10,000 need to use MTD for ITSA compatible software to keep digital records and file returns. We spoke with Alexa Whyatt, Personal Tax Manager and Macauley Brammer, Personal Tax Senior at Best Accountancy Services (Plymouth) Ltd , who have successfully onboarded five clients using Xero’s MTD for

XERO 208
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Ep. 196: Amanda Cohen – Why your company needs a risk management makeover

IMA's Count Me

Connect with Amanda: [link] [link] [link] [link] [link] [link] Full Episode Transcript: Adam: I'm Adam Larson and welcome to Count Me In, the podcast focused on all the ways management accountants can help businesses thrive through smart financial management and data driven decision making. My guest today is Amanda Cohen, the vice president of product at Resolver, a software company helping businesses manage complex interconnected risks.

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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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72% of Economists Warn of a Recession in 2023

NACM

All eyes are on the Federal Reserve as it fights the worst inflation in four decades with aggressive interest rate hikes. Most economists (73%) expect the Fed to be unsuccessful in taming inflation in the next two years without triggering a recession, according to the National Association for Business Economics (NABE). 72% predict a recession by th.

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Former BDO audit manager shot and killed ex-boss

Accounting Today

Auditing 264
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Meeting the expectations of a digital customer

Xero

It’s been so amazing to bring our long-awaited Xerocon event back to life in New Orleans over the past two days. This vibrant city brought a festive atmosphere to the event and we were inspired with on-stage performances by local talent such as Amanda Shaw , a fiddler and Brandan Odum , a successful street artist. It was the perfect way to reconnect with our US and Canadian based accounting and bookkeeping partners and the wider Xero community. .

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Trump CFO Pleads Guilty to Tax Fraud

Cloud Accounting Podcast

Sponsors FreshBooks [link] RelayFI [link] Liscio [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes 1:46 – ?Big news from David Leary and Blake Oliver! ? [link] 2:14 – Dotcom Pioneer AccountingWEB Shuts Down - CPA Trendlines [link] 3:43 – Sift to Close AccountingWEB US Division [link] 5:58 – IRS issues immediate guidance for EV credits under Inflation Reduction Act [link] 7:24 – Yellen sets six-month

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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.