Sat.Feb 24, 2024 - Fri.Mar 01, 2024

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The benefits of non-PO invoice process automation

Cevinio

Automating non-PO invoices alongside PO invoices brings numerous advantages, contributing to a more efficient and reliable financial process […]

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The 20 worst states for doing business

Accounting Today

The lowest-ranked states have property and unemployment insurance taxes like every state, but significantly they also have complex, non-neutral taxes with comparatively high rates.

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How GenAI will shape the future for our customers

Xero

We shared a number of product and tech updates at Xero’s Investor Day in Melbourne on how we are bringing new capabilities to help Xero customers run their operations and manage their finances more efficiently. However, with Generative AI (GenAI) being one of the more recent exciting and emerging technology developments, it was one of the big areas we wanted to share more detail around how we are approaching it and how we see it impacting accounting in the future.

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Client Accounting Services to Help Drive Your Business

Accounting Department

When you have a small or mid-size business, one of the issues you can run into is not having all the departments a larger company would have. In other words, you might not have dedicated employees for HR, accounting, and other areas. Fortunately, there are ways to outsource a number of services, including client accounting services. This helps keep your company growing and succeeding, without the need to bring on more employees or overwork yourself to get everything done.

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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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Top Cybersecurity Trends for 2024

Ace Cloud Hosting

Life moves fast in the cloud, mirroring the pace of our daily lives. In 2023, unpredictability defined everything from global events to economic trends. Cybersecurity, too, had its share of.

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FTC hits H&R Block over 'free' online filing claims

Accounting Today

The Federal Trade Commission filed a complaint against tax prep giant H&R Block accusing the company of deceptively marketing "free" online tax filing when its products often were not free and deleting consumers' data when they tried to downgrade to less expensive products.

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How AI is Transforming and Disrupting Audit

Blake Oliver

In my latest podcast episode, "How AI is Transforming and Disrupting Audit," I had the pleasure of speaking with Rob Valdez about the impact of artificial intelligence and generative chatbots, like ChatGPT, on the audit profession. We delve into how these technologies are not just automating routine tasks but are also revolutionizing how we train staff, improve quality, and save time on substantive testing.

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Managed Security Services for Accountants – What They Need to Know

Ace Cloud Hosting

Being targeted by a cyber-attack isn’t just embarrassing; it can also bring significant consequences for your business. As per PwC, the Accounting industry is at a 30% higher risk of.

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PCAOB proposes rule on false or misleading statements

Accounting Today

The Public Company Accounting Oversight Board is proposing a new rule to prevent auditing firms from making false or misleading statements about being registered or overseen by the PCAOB.

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New partnership to bring bill pay capabilities to US customers

Xero

Paying bills and getting paid on time are critical requirements for small businesses to effectively manage cash flow. However, this is still a very manual process for small businesses. Our Money Matters report found many small businesses utilize multiple payment strategies to manage their cash flow. To tackle this problem, we have announced a new partnership with BILL , a leading financial operations platform for small and midsize businesses (SMBs), to bring bill pay capabilities to our US custo

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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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ADP® Offering AI-Enabled Partner Solutions

Insightful Accountant

ADP® is offering AI-Enabled Partner Solutions on their powerful, simple and secure ADP Marketplace so HR leaders can rapidly source and implement the benefits of AI across their HCM ecosystems.

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What Is The Difference Between Lacerte and ProSeries?

Ace Cloud Hosting

When it comes to tax preparation software, accounting professionals often find themselves at a crossroads, debating between popular options like Lacerte and ProSeries. Intuit has developed both Lacerte tax and.

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R&D expensing gets another chance

Accounting Today

The ability to write off research and development expenses in the first year would be revived if the Senate ever manages to pass the Tax Relief for American Families and Workers Act.

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Tax accounting definition

Accounting Tools

What is Tax Accounting? Tax accounting refers to the rules used to generate tax assets and liabilities in the accounting records of a business or individual. Tax accounting is derived from the Internal Revenue Code (IRC), rather than one of the accounting frameworks , such as GAAP or IFRS. Tax accounting may result in the generation of a taxable income figure that varies from the income figure reported on an entity's income statement.

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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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Tax Season Credit Changes on the Horizon

Insightful Accountant

The Tax Relief for American Families and Workers Act is delayed in the Senate but may progress soon. If passed, tax law changes could impact mid-tax season.

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QuickBooks Online Vs. QuickBooks Enterprise: Learn The Difference

Ace Cloud Hosting

QuickBooks is a popular accounting software choice for businesses of all sizes, but the decision can get tricky when it comes to QuickBooks Enterprise and QuickBooks Online. Both offer excellent.

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IRS donor-advised fund proposal could have 'chilling effect'

Accounting Today

Planners who recommend the increasingly popular charitable vehicles could face penalties for what's currently a pretty common practice in the industry, experts say.

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The difference between the general ledger and trial balance

Accounting Tools

What is a General Ledger? A general ledger is the master set of accounts that summarize all transactions occurring within an entity. The general ledger is comprised of all the individual accounts needed to record the assets , liabilities , equity , revenue , expense , gain , and loss transactions of a business. What is a Trial Balance? The trial balance is a report run at the end of an accounting period, listing the ending balance in each general ledger account.

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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.

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IRS enhances ‘Where’s My Refund?’ tool for 2024 filing season

Insightful Accountant

With millions of tax refunds going out each week, the IRS reminded taxpayers today that recent improvements to “Where's My Refund?” on IRS.gov provide more information and remains the best way to check the status of a refund.

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Sage 50 Cloud Hosting Guide For Beginners

Ace Cloud Hosting

Are you looking to integrate Sage 50 cloud hosting into your business’s operations? If so, this guide is the perfect place to start. Cloud-based accounting solutions like Sage 50 offer.

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IRS delays Form 1042 e-file requirement

Accounting Today

The Internal Revenue Service issued a notice granting an administrative exemption from the electronic filing requirements for the Annual Withholding Tax Return for U.S. Source Income of Foreign Persons.

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The difference between NPV and IRR

Accounting Tools

What is Net Present Value? Net present value (NPV) discounts the stream of expected cash flows associated with a proposed project to their current value, which presents a cash surplus or loss for the project. It is used to evaluate a proposed capital expenditure. A desirable investment is one that yields a positive net present value, which implies that a business will receive excess cash over time as a result of the investment.

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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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FinQuery Announces New Contract Management Solution

Insightful Accountant

FinQuery’s new contract management solution is purpose-built to provide insight and intelligence into organizations’ contractual financial obligations

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QuickBooks Online Vs. QuickBooks Enterprise: Learn The Difference

Ace Cloud Hosting

QuickBooks is a popular accounting software choice for businesses of all sizes, but the decision can get tricky when it comes to QuickBooks Enterprise and QuickBooks Online. Both offer excellent.

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With 340,000 fewer accountants, companies pay the price

Accounting Today

The lack of help means current accountants' hours and workloads can be grueling, upping the odds of mistakes and burnout.

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Types of audits

Accounting Tools

What is an Audit? In general, an audit is an investigation of an existing system, report, or entity. It may be conducted by either an internal or external party, depending on the situation. There are many types of audits that can be conducted, as noted below. Compliance Audit A compliance audit is an examination of the policies and procedures of an entity or department, to see if it is in compliance with internal or regulatory standards.

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Solve Your Firm's 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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Thomson Reuters' Acquisition of Pagero Opens Doors for Growth Opportunities

Insightful Accountant

Accelerating the companies’ joint vision for a connected suite of e-invoicing and indirect tax solutions for customers across the globe.

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Ep. 253: Jonathan Smalley - Proxy Voting Makeover: Shaking Things Up with Digital Transformation

IMA's Count Me

Welcome to the Count Me In Podcast, where we bring you conversations with top industry professionals and thought leaders. In this episode, host Adam Larson sits down with Jonathan Smalley , Co-Founder at Proxymity , for a deep dive into shareholder engagement in the corporate world. They discuss the critical importance of strengthening shareholder engagement, the impact on investor relations, and the ongoing digital transformation of proxy voting.

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How taxes reflect and exacerbate racial wealth disparities

Accounting Today

Stubbornly persistent differences between white and Black households' income and assets present financial advisors with the big-picture implications of their work.

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Capital budgeting techniques

Accounting Tools

What is Capital Budgeting? Capital budgeting is a set of techniques used to decide when to invest in projects. For example, one would use capital budgeting techniques to analyze a proposed investment in a new warehouse, production line, or computer system. There are a number of capital budgeting techniques available, which include the following alternatives.

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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.