Sat.Oct 14, 2023 - Fri.Oct 20, 2023

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IRS to offer free direct file online tax system in 13 states

Accounting Today

The Internal Revenue Service plans to run a limited pilot test of its free online tax system in 13 states next tax season, but it will only support certain tax credits.

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Powering A More Sustainable Future Through Solar Energy in Virginia and West Virginia

Intuit

In support of our Climate Positive Program’s commitment to reduce 2 million metric tons of carbon dioxide equivalent emissions outside our operations by 2030, we are investing in equitable deployment of sustainable solutions like renewable energy. The program aims to support a ‌transition to 21st-century renewable energy sources coupled with job and learning opportunities for students in underserved communities.

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5 Crucial Components Your ERP System Should Include

Accounting Department

Enterprise resource planning (ERP) systems are instrumental in helping businesses achieve optimal efficiency. By integrating various essential business functions into a unified platform, ERP systems provide a real-time overview of the business while supporting day-to-day operations and workflows.

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2023 Xero Awards Canada Winners

Xero

Back in July, we announced the launch of the first-ever Xero Awards in Canada. This initiative celebrates Xero’s valued accountants, bookkeepers, and app partners by putting them in the spotlight and recognizing their commitment to excellence and ongoing support of the small business sector. Thank you to each and every one of you who took the time and commitment to submit an entry.

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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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IRS offers process for withdrawing bogus ERC claims

Accounting Today

The Internal Revenue Service is giving employers a way to rescind inaccurate claims for the Employee Retention Credit if they've fallen victim to a scam at the hands of so-called "ERC mills.

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Connecting to new career opportunities and supportive people at Intuit

Intuit

Living and working abroad After completing college, I decided to work for a nonprofit in Zimbabwe. This was the first time I left the US, and I am grateful for the experience of living and working in Africa. Later, I moved to China and Thailand for work. These experiences broadened my outlook on life and made me more attuned to the financial challenges faced by a diverse customer base.

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Excelling in AP Management through Automation with AP Leader Caroline Adams

Cevinio

Excelling in AP Management through Automation with AP Leader Caroline Adams In this interview with Caroline Adams, an accomplished AP leader, we ask her a series of questions about AP management, the influence of automation, and the journey toward modern AP processes. Discover her valuable insights. Introduction In the past years, the role of Accounts Payable (AP) has undergone a profound transformation.

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EAs call on IRS to restart balance due notices

Accounting Today

The National Association of Enrolled Agents is asking the Internal Revenue Service to resume sending reminder notices immediately to non-filers and those with balances due of more than $10,000.

Tax 338
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NetSuite Extends Analytics Warehouse

Insightful Accountant

By extending Analytics Warehouse, NetSuite hopes to help customers gain greater and faster value from their data. Companies are using the newly enhanced AI-powered features of NSAW to simplify data management and access greater insights.

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What is the Cost of Cloud Computing for Small Businesses?

Economize

Cloud computing is not merely a technological upgrade, it’s a business strategy that can significantly enhance operational efficiency, agility, and innovation, all while providing substantial cost savings. For small businesses operating with limited resources, understanding the investment required in cloud computing is crucial.

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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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Nonprofit Trends You Need to Know for 2024 

AvidXchange

As the year winds down, finance teams are looking ahead to determine plans and priorities for next year. Nonprofits in particular are brainstorming ways to do more with less. In the current macroeconomic climate of uncertainty, the following nonprofit trends are likely to impact organizations next year. Growing Demand Nonprofits see demand for services spike during times of inflation, according to the National Council of Nonprofits.

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Younger accountants more likely to leave employers

Accounting Today

Young accounting and finance professionals have been seeing the highest turnover over the past two years and are most likely to leave their current jobs over the next year, according to a new report.

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My Favorite Newbies – QuickBooks Desktop 2024

Insightful Accountant

As the last piece in our QuickBooks Desktop 2024 series, Murph is giving us another of his favorite feature picks or, as he likes to call them, "his favorite newbies.

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Have you been pwned?

Ontrack Bookkeeping

I have just returned from a Accountants and Tax Agents Institute of NZ (ATAINZ) Workshop in Auckland, where members of the ATAINZ congregated for a day of learning and community connection. Given I am a people person, I loved seeing people in person and really being able to connect on a level you just cant get over the internet. It was great to have our ethical responsibilities as a member of ATAINZ covered in one of the first sessions, with scenarios on how to deal with certain situations.

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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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A Complete LlamaIndex Guide

Nanonets

Introduction Welcome to our guide of LlamaIndex! In simple terms, LlamaIndex is a handy tool that acts as a bridge between your custom data and large language models (LLMs) like GPT-4 which are powerful models capable of understanding human-like text. Whether you have data stored in APIs, databases, or in PDFs, LlamaIndex makes it easy to bring that data into conversation with these smart machines.

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IRS introduces business tax accounts as it targets big corporations for audits

Accounting Today

The Internal Revenue Service is making improvements to its online tax professional accounts and hiring more accountants as it ramps up enforcement.

Tax 358
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Terlato Wine Group is 'Suite' on NetSuite

Insightful Accountant

Following up on his trip to 'SuiteWorld 2023,' Murph gives you a first-hand impression of how Terlato Wine Group is benefiting from its transition to NetSuite.

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How Profit First transformed my business and personal life

Reconciled Solutions

I recently attended ProfitCon 2023 in New Jersey, and as I do every year, I left feeling uplifted and reinvigorated. Gathering with other Profit First. The post How Profit First transformed my business and personal life appeared first on Reconciled Solutions.

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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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Financial Forecasting for Small Business Growth

Nolan Accounting Center

One of the most important tasks of a small business owner is planning for the growth and stability of the business. The best way to do this is with financial forecasting, which is the process of predicting your company’s performance. This is done by considering the historical data of your company as well as the current industry trends. If your business is located in Southeast Wisconsin, Nolan Accounting can help with your company’s financials.

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Gemini, DCG sued by NY for alleged $1.1B crypto fraud

Accounting Today

DCG's Genesis unit is accused in the suit of failing to adequately audit the Three Arrows Capital hedge fund and lying to Gemini when it claimed to regularly review its borrowers' financial statements,

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ADP Research Institute Launches Today at Work

Insightful Accountant

The new resource for business leaders helps accountants share this quarterly workforce report with their clients looking for actionable insights to improve business operations.

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How Much Does Slack Spend On AWS?

CloudZero

The Slack messaging app is popular because it is easy to use, affordable, and highly customizable. With Slack, you can collaborate in teams and with colleagues in real-time, accessing files from anywhere.

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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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How to Choose the Best Accounts Payable Software Solution

MineralTree

Accounts payable (AP) is a critical business function, responsible for protecting cash flow, maintaining good relationships with vendors, and ensuring compliance with financial regulations. However, the traditional manual approach to AP can be time-consuming and error-prone, meaning AP teams are spending valuable time on tedious tasks such as data entry, reconciliation, and chasing approvals.

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Companies shifting disclosures in response to SEC cybersecurity rules

Accounting Today

New cybersecurity rules from the Securities and Exchange Commission are already prompting companies to put more emphasis on the topic in their disclosures.

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Oracle NetSuite Introduces Enterprise Performance Management

Insightful Accountant

NetSuite's newly unveiled Enterprise Performance Management will help finance leaders increase productivity, efficiency and profitability.

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How to convert cash basis to accrual basis accounting

Accounting Tools

Related Courses Accountants' Guidebook Bookkeeping Guidebook Under the cash basis of accounting , business transactions are only recorded when the cash related to them is either issued or received. Thus, you would record a sale under the cash basis when the organization receives cash from its customers , not when it issues invoices to them. The cash basis is commonly used in small businesses, since it requires only a limited amount of accounting expertise.

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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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How Much Does Capital One Spend On AWS?

CloudZero

Capital One offers a variety of financial products, such as credit cards, financial accounts, and auto financing. Now, Capital One might appear as a leading financial institution. But it views itself as a technology company that provides financial services — rather than a financial services company that uses technology.

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Emerging risks for accountants

Accounting Today

Stephen Vono and John Raspante of McGowan Pro look at the new areas that are sparking claims against firms — and the tools they can use to protect themselves.

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ADP Launches First All-in-One HCM Solution for Construction Industry

Insightful Accountant

ADP Workforce Now for Construction is the first comprehensive HCM solution built for the unique challenges of the construction industry.

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Separation of duties

Accounting Tools

Related Courses Accounting Controls Guidebook Accounting Procedures Guidebook What is Separation of Duties? The separation of duties concept prohibits the assignment of responsibility to one person for the acquisition of assets , their custody, and the related record keeping. For example, one person can place an order to buy an asset, but a different person must record the transaction in the accounting records.

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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.