Sat.Nov 26, 2022 - Fri.Dec 02, 2022

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As tax season looms, staffing issues plague practitioners again

Accounting Today

Tax 290
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4 things you need to check out at AccountingWeb Live Expo

Xero

AccountingWeb Live Expo is taking place this week, with a huge number of the amazing accounting and bookkeeping community in attendance to enjoy keynotes, panels and mingling at an incredible two-day event. At Xero, we can’t wait to head to Coventry on the 30 November – 1 December and see so many of you in person. Here, we break down what we have planned for the event, and why you should come say hello at stand D20. .

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Accrued Expenses: Explained

Accounting Department

Accrued expenses, also known as accrued liabilities, refer to expenses that are recognized on the books before they have been paid. The expense is recorded during the period in which it is incurred, rather than when it is paid.

Accruals 245
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Understanding AWS pricing models: how to choose a strategy that helps optimize your cloud costs

FinOps in Practice

So, why is everyone so worked up about AWS and its pricing models? Well, it’s because it’s of utmost importance for literally all businesses that use Amazon Web Services to come up with a pricing strategy that will suit their needs but won’t hit the wallet. Luckily, Bezos’ brainchild offers various pricing models, which allow you to choose a suitable payment system, but at the same time may cause an embarrassment of riches and be a bit too confusing and complicated.

FinOps 130
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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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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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Get ready for increasing cybersecurity threats

Accounting Today

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Helping UK small businesses to reach net-zero with Ecologi

Xero

We’re excited to welcome Bristol-based climate tech start-up, Ecologi , to the Xero App Store to support service-based small businesses in the UK to track and reduce their impact on the environment. . It’s more important than ever for the business community to play its part in protecting our planet. During the recently concluded COP27, there was an increased call during the summit for stronger action on net-zero.

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More Trending

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Why Financial Planning is Important for SaaS CFOs During a Market Downturn

Sage Intacct

Financial planning can feel like spinning plates on sticks even during the best market conditions. There’s so much to keep up in the air, and if things fall, they certainly won’t fall gently. And when the markets turn against you during a recession, this feeling of fragility and anxiety can get even worse.

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Tech News: American Express launches B2B payments ecosystem

Accounting Today

CPA 288
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How to scale your business globally with Xero and Airwallex

Xero

Despite the current economic climate, running a global enterprise is still the goal of many small and medium businesses. Recent research by our partner Airwallex shows that 70% of UK SMEs plan to expand into foreign markets in 2023. Of those, 81% want to grow their business in Europe and North America, while 60% hope to scale in the Asian Pacific, Latin American, African and Middle Eastern markets. .

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How Finance Can Instill An ROI Mindset In Engineering

CloudZero

Conventional wisdom states that SaaS engineers don’t care about costs. They care about building an optimal product, regardless of the dollar signs associated with it.

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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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Building the Modern, Automated Accounting Firm

Plooto

It is a brave new world for accounting firms. New technology , pent-up client demand for advisory services, and ever-increasing compliance and regulatory oversight have created a new “business” mindset among accounting organizations — identifying clients’ needs and building the infrastructure to meet those needs.

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Comey and McCabe weren't targeted for tax audits, TIGTA finds

Accounting Today

Auditing 277
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Highlights from this year’s Xero Australia Award celebrations

Xero

Last week, we celebrated our winning cohort of Xero Australia Award champions from FY22 and FY23. It was awesome to bring together 26 small business owners, advisors and app partners from across Australia to acknowledge their outstanding contributions to their local communities and the wider world of business. . So what did the winning experience involve?

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B2B Sales & Marketing Tips to End the Year Strong

Enterprise Recovery: Accounts Receivable

While we typically write about the end-of-the-year processes for accounts receivable , year-end brings about its own stress for the sales and marketing teams. With quotas to meet and budgets to assess, the challenges can weigh on even the most seasoned professional. Here are four tips for B2B sales and marketing professionals to end the year strong.

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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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Automation, Metrics, and MUD: A CFOs Guide for SaaS Success

Sage Intacct

The rules have changed for SaaS CFOs. Should we do lay-offs? How do we drive to profitability? How do we extend our cash runway?

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The 2022 Top 100 People: The biggest issues in accounting

Accounting Today

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App partner of the month: Datamolino

Xero

Xero has more than 1000 connected apps in its ecosystem, all working to help small businesses and their advisors succeed. Each month we celebrate an app partner who stands out from the pack. Find out more about becoming a Xero app partner here , and you can browse the Xero App Store here. We’re excited to announce November’s app partner of the month is Datamolino – an automated data-capture and invoice coding solution that saves small and medium-sized businesses time by reducing manual dat

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Don't Let Past Due Invoices Ruin Your Holidays!

Enterprise Recovery: Accounts Receivable

The holidays are a special time when your business breathes out a sigh as one year ends and another begins. Right? Before that happens, there is much to do! The end of the year signals the looming beginning of tax preparation and budget decisions. It also means closing out the books for the year and discovering delinquent receivables. Don't let past-due invoices ruin your holidays!

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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 Significance of Correcting Errors in Business Accounting

Analytix Finance & Accounting

Business bookkeeping and accounting are key components of business sustainability and success in virtually any industry. Therefore, ensuring reliable accounting is key to sound financial health for any business. This is also why correcting errors in business accounting (also known as catch-up) is so important. Here are some of the reasons why it’s critical for businesses to identify and correct accounting errors: Catch-up helps review bookkeeping and accounting processes and determine loopholes

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The top people in public accounting — 2022

Accounting Today

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Next phase of Xero’s platform growth will be driven by the community

Xero

A version of this blog was originally published as part of HubSpot’s ‘State of Partner Ops and Programs 2022’ report – you can read the full report here. . As we continue to grow as a global business platform, our partnerships are an invaluable part of how we support and provide #beautiful solutions to our customers. I was excited to be asked to participate in HubSpot’s ‘State of Partner Ops and Programs 2022’ report.

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How to Reduce Overdue Payments in Accounts Payable

MineralTree

Late payments can be a huge headache for businesses of all sizes. Not only do they cost you money in the form of interest and fees, but they can also hurt your reputation with suppliers and other business partners. The good news is that there are several ways your business can reduce overdue payments in your accounts payable department, and it starts with AP automation.

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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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ITA Fall 2022 Applied Improv

dynavistics

Session: Practical/Applied Improvisation For Leaders.

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IRS prodded to make more progress on closing tax gap

Accounting Today

Tax 264
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How to manage the Singapore GST rate change in Xero

Xero

In the 2022 budget announcement, Singapore’s Minister for Finance announced the GST rate will increase from 7% to 8% on 1 January 2023, and from 8% to 9% on 1 January 2024. This change will impact all Singapore businesses that file GST. Here’s what we’re doing to make it easy for you to manage this change in Xero. Update your default rate. We’ll make the new 8% rate available in Xero by 9 December 2022.

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How Can a Small Business Establish Trust with its Employees?

Nolan Accounting Center

There are many different reasons why employees choose to change employers- but there does seem to be a common theme: lack of trust. Many times, this is due to changes in the company, such as a change in leadership or a merger/acquisition. Other times, it’s due to a lack of trust in co-workers. However, the most common problem is that managers don’t establish trust in their employees to complete the assigned tasks without being micromanaged.

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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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Dext is releasing an end-to-end MTD ITSA solution

Dext

On December 5 2022, the first release will be available to existing Dext Prepare customers as part of the Dext Prepare product. In early 2023, we will make the MTD ITSA solution available to the wider market. Dext’s solution will include the option to submit directly to HMRC on behalf of self-employed and landlord clients.

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Lawmakers push to expand housing tax credit

Accounting Today

Tax 264
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3 Things to Know about AvidXchange and ResMan Integration

AvidXchange

When using an accounts payable (AP) automation system, it’s important to find a solution that integrates with your existing technology. A full application programming interface (API) integration between your property management accounting software and AP automation solution can offer a more efficient AP process. API integrations, like AvidXChange and ResMan Software , replace a manual, file-based process with a secure, automated sync of GL codes, suppliers, payment details and invoice batches.

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How Can a Small Business Establish Trust with its Employees?

Nolan Accounting Center

There are many different reasons why employees choose to change employers- but there does seem to be a common theme: lack of trust. Many times, this is due to changes in the company, such as a change in leadership or a merger/acquisition. Other times, it’s due to a lack of trust in co-workers. However, the most common problem is that managers don’t establish trust in their employees to complete the assigned tasks without being micromanaged.

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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.