Sat.May 14, 2022 - Fri.May 20, 2022

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What you need to know about changes coming to payroll from 1 July 2022

Xero

While it may be lacking the fireworks and champagne of New Year’s Eve, come 1 July the new financial year ushers in fresh opportunities for Australia’s small businesses. Along with the new calendar, there are often regulatory changes for you to manage or implement. And this year is no different, with updates coming to payroll in FY23. . Starting from 1 July 2022, there are a number of government requirements that will impact how you manage payroll (including superannuation) for employees.

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IRS audit rates plummet, especially for wealthy

Accounting Today

Auditing 336
professionals

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30 Best Cloud Monitoring Tools (Updated By Category)

CloudZero

The purpose of cloud monitoring is to identify, observe, track, and manage cloud infrastructure components and services. Cloud monitoring helps organizations ensure their services meet customer expectations of performance, availability, and security.

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4 Priorities During Your First 90 Days as a SaaS CFO

Sage Intacct

I f y ou want to take the shot at being a CFO at a SaaS start-up, how do you reduce your risk on picking the right firm and making an impact in your first 90 days? I like to think the way you start is how you finish. This may not be true to all circumstances, but for transition into the CFO club it sure is. Growth through a subscription-based model is often the north star for SaaS startups.

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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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Steps to perfect your payroll this EOFY

Xero

Tax time will look a little different this year compared to last, with the conclusion of the JobMaker and JobKeeper schemes and business slowly returning to normal. However, most of us will have completed an EOFY using Single Touch Payroll (STP) before, so wrapping up the 2021/22 financial year should be smooth sailing. . Whether this is your first time finalising your EOFY with STP, you’re an old hand, or you need to submit payment summaries for your employees – by following these steps y

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New AICPA chair pledges to 'open doors, broaden horizons'

Accounting Today

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FinOps Shared Responsibility Model

The FinOps Alliance

The theory When someone starts their journey into the AWS cloud resources and services, one of the first things they are bound to run into is the AWS Shared Responsibility Model for security. The model describes how it is both up to AWS and the end user to ensure that their cloud workloads are sufficiently secure. AWS makes the destinction between security of the cloud and security in the cloud.

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What matters most to small businesses in this Federal Election?

Xero

In less than a week, millions of Australians will cast their ballot in this year’s Federal Election. This is a chance for eligible voters to have their say about who will be our next prime minister and which parties will have the most influence in Federal Parliament. . For our nation’s self-employed community – comprising 2.4 million people or roughly 10 percent of the voting population – this election outcome feels especially important.

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Tax season wasn’t as bad as some expected: Survey

Accounting Today

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5 Top Cloud Financial Management Software Solutions In 2022

CloudZero

Cloud computing offers nearly limitless capacity on-demand, but left unmanaged, that flexibility can lead to surprisingly high monthly cloud bills.

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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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FCPA Compliance in M&A | Oversight

Oversight

The Foreign Corrupt Practices Act (FCPA) , enacted in 1977, generally prohibits the payment of bribes to foreign officials to assist in obtaining or retaining business. The FCPA can apply to prohibited conduct anywhere in the world and extends to publicly traded companies and their officers, directors, employees, stockholders, and agents. Agents can include third-party agents, consultants, distributors, joint-venture partners, and others.

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A short guide to Making Tax Digital for hospitality

Xero

The hospitality industry is no stranger to new challenges. From pandemic restrictions to Making Tax Digital (MTD), hospitality businesses have had to stay agile and adapt to many changes in the past few years. In this guide, we’ll look at what the government’s Making Tax Digital initiative means for your hospitality business in practical terms. We’ll also explore how the additional benefits of digitisation and cloud-based accounting software can help you run a healthier business.

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IRS increases interest rates for Q3

Accounting Today

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WEBINAR: Hiring and Keeping Your Talent In The Great Resignation

accountingfly

Is your firm struggling with retaining accounting talent or making hires? If so, your firm is not alone. The problem is real! CPA firm turnover is at record levels, leaving firm staff overwhelmed and struggling to deliver for clients. To combat this, Jeff Phillips will give your firm the playbook to immediately decrease your talent loss, retain your best staff, and fill your open roles.

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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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What Is A Recurring Transaction?

EasyBooks

When a customer pays an amount at regular intervals for a subscription or membership fee, this is known as a recurring transaction. For instance, spending $10 per month to access premium content on your website is a recurring transaction.

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How Candice Brown tackled Making Tax Digital and kept her pub pouring through the pandemic

Xero

It’s hard to overstate how damaging the global pandemic was for local pubs. Many of these businesses are institutions – not simply a place to get a cold pint, but a home away from home, with friendly staff, possibly a sleepy dog and, if you’re lucky, a roaring fire. . Yet, forced to shut their doors as the pandemic ripped through our lives, many struggled to cope with the restrictions that kept customers away.

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KPMG Audit Kickstart CPA program will pay new hires to study

Accounting Today

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Switch to FreshBooks in May to Track Business Expenses the Easy Way

FreshBooks

Unless you filed an extension (which is a great idea by the way), tax season might feel like it was months ago…wait, it was right? Now that it is, it’s time to start thinking about getting ready and staying ready for next year. Whether you had things in order or not, it’s never too early […] The post Switch to FreshBooks in May to Track Business Expenses the Easy Way appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners.

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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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Orphan 1040s

Cloud Accounting Podcast

Sponsors OnPay: [link] FreshBooks: [link] Canopy: [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes 2:57 – Tether (USDT) stablecoin drops below $1 peg [link] Bitcoin plunged to its lowest level since December 2020 as a cryptocurrency selloff gathered steam [link] 10:46 – Crypto investors likely pay less than half the taxes they owe [link] 12:05 – Web3 accounting firm officially launches on Tactic.com

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Everything you need to know about digital links for Making Tax Digital

Xero

As a small business owner getting to grips with what’s needed to comply with Making Tax Digital (MTD) for VAT, you’d be forgiven for feeling a little overwhelmed by the number of actions and items you’ve likely never encountered before. From bridging software to HMRC-compliant solutions , you may still be playing catch up. Now, we turn to digital links , which have been mandatory for MTD for VAT compliance since April 2021 and play a vital role in connecting software packages and submitting MTD-

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Tips to avoid an audit on a like-kind 1031 exchange

Accounting Today

Auditing 290
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Marketing for Accountants: The Top 19 Strategies

Future Firm

If you’re looking for the best marketing for accountants’ strategies, you’ve come to the right place. In this post, I’m going to outline 18 of the top strategies working well right now to help you attract clients. Most of these methods I’ve personally used myself to help take my cloud accounting firm from scratch to sale in just 5 years. Let’s check them out!

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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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Homebuilding Permits Tumble in April

NACM

The housing market is showing signs of cooling, as U.S. homebuilding permits dropped to a five-month low last month, Reuters reports. "Homebuilding was already being constrained by soaring prices as well as shortages of materials," the article reads. "The housing market is the sector of the economy most sensitive to interest rates, with building pe.

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Ep. 183: Casey Woo – CFOs are on a mission to grow

IMA's Count Me

Connect with Casey: [link] Full Episode Transcript: Adam: (00:05) Welcome back to the Count Me In podcast. I'm your host. Adam Larson in today's guest is really interesting. Casey. Woo. Casey's been a strategic financial leader in Silicon valley for the past two decades, investing in an operating high growth tech and tech enabled companies. He is the CFO of landing, the former head of strategic finance at WeWork and the co-founder of operators Guild, a knowledge sharing community for CFOs and ot

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IRS probed hundreds of cases of unauthorized access to taxpayer data

Accounting Today

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IRS may start collecting more demographic info

Accounting Today

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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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AICPA announces 2021 Elijah Watt Sells Award winners

Accounting Today

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On the move: RubinBrown elects new MP

Accounting Today

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ISSB aims for global baseline of sustainability disclosures

Accounting Today

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Tech News: Scaling New Heights expands

Accounting Today

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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.