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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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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Rare Disease Day Hits Home with AccountingDepartment.com

Accounting Department

Rare Disease Day is the globally coordinated movement on rare diseases, working towards equity in social opportunity, healthcare, and access to diagnosis and therapies for people living with rare diseases.

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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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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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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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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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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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Hubdoc and Dext: Powerful Xero pairings for burgeoning businesses

Xero

Financial data lies at the heart of any small business operation. Managing it can be a juggle, but there are an array of tools you can use to stay on top of this crucial information and better manage your cash flow and compliance. Depending on what stage of the business growth journey you’re on, some Xero-connected solutions are more appropriate than others.

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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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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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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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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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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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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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2024: The year of change management

Accounting Today

Start by identifying the why, who and how to make the most of every change.

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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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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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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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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 Direct File pilot expands testing

Accounting Today

The IRS is planning to offer its free tax prep system around the clock next week and open it to a larger group of outside testers.

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Randy Crabtree on Unlocking Success: The Expert's Guide to Thriving in Tax Season

Insightful Accountant

In a dynamic conversation, Gary and Randy explore ways for tax professionals to expand their business leveraging the U.S. Tax Code.

Tax 105
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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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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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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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Why AI can be accountants' next big pivot

Accounting Today

Some generative AI scenarios and machine learning models can add incredible value even if they are right only 90% of the time.

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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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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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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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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 targets wealthy who haven't filed taxes with non-filer notices

Accounting Today

The Internal Revenue Service has begun sending notices to high-income taxpayers who haven't been filing tax returns since 2017.

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Platform Accounting Group Wins Karbon Excellence Award

Insightful Accountant

Platform Accounting Group is proud to announce it was selected as the winner for the 2023 Karbon Excellence Award for Practice Excellence.

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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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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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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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PCAOB dings EY and other big firms on latest inspections

Accounting Today

Ernst & Young issued a major mea culpa following a failed split of the firm.

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Tie Up the Year for Taxes in 10 Steps Part 1: Cleaning Up Bad Data

Insightful Accountant

It’s that time of year when business owners get anxious and accountants get busy. We’re all preparing for March’s tax season!

Tax 105
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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.