Sat.Sep 14, 2024 - Fri.Sep 20, 2024

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Streamline Your Monthly Close Process with These Effective Strategies

Accounting Department

The month-end is coming up and that means it is time to close. A monthly close can be a laborious process that is dreaded by some accounting and finance departments, but it doesn't have to be that hard!

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Intuit introduces Intuit Enterprise Suite to help businesses grow, streamline operations, and scale

Intuit

Today, we announced a major milestone to accelerate our offerings for mid-market businesses with the introduction of Intuit Enterprise Suite , a configurable suite of integrated financial products designed to seamlessly scale and enhance productivity and profitability for businesses as they grow. As the world’s leading financial technology platform, Intuit is best positioned to serve the $89 billion total addressable market of larger, mid-market businesses who have more complex business needs as

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professionals

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Taxpayer Advocate acknowledges shortcomings

Accounting Today

National Taxpayer Advocate Erin Collins issued a mea culpa admitting to the findings of a recent report faulting the Taxpayer Advocate Service that she runs for slow responsiveness to taxpayers.

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Xero to acquire Syft to enhance reporting and insights capability

Xero

We know how important it is for small businesses to have access to powerful insights to help them run their business better, no matter the economic environment they’re facing. To accelerate our mission to provide powerful insights, we are thrilled to share that Xero is acquiring Syft, a leading global cloud-based reporting, insights and analytics platform for small businesses, accountants and bookkeepers.

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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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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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20 popular engineering careers to consider

Intuit

Table of Contents What is engineering? Jobs in engineering Explore engineering jobs at Intuit Engineering careers are among the most appealing jobs today. According to the U.S. Bureau of Labor Statistics (BLS) , employment in this field is projected to grow steadily, and the median annual wage is significantly high. The median salary for engineers is $91,420, nearly double the annual wage of $48,060 for all occupations.

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Our journey to new invoicing: an update from Diya Jolly, CPTO

Xero

I wanted to reach out personally, as we officially retire classic invoicing in November after more than a year of transitioning. While we’re thrilled to introduce even more features on our new invoicing platform, I know this change has been difficult for some of our customers. I thought it might be helpful to share a bit of insight into our journey at Xero and explain how changes like this fit into our bigger plans.

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Table Extraction using LLMs: Unlocking Structured Data from Documents

Nanonets

Picture this - you’re drowning in a sea of PDFs, spreadsheets, and scanned documents, searching for that one piece of data trapped somewhere in a complex table. From financial reports and research papers, to resumes and invoices, these documents can contain complex tables with a wealth of structured data that needs to be quickly and accurately extracted.

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Boosting the economy and kickstarting financial confidence for small businesses and accountants in the UK

Intuit

The economy of the UK depends on the financial health and well-being of the more than 5.5 million small and medium-sized businesses (SMBs) around the country. But SMBs aren’t always given a seat at the policymaking table. Small businesses and accountants drive economic growth in the UK and need champions to help them power prosperity. That’s why Intuit asked small business owners and accountants about their wishes from policymakers regarding challenges they face, resources they need, and how pol

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TIGTA faults IRS on data security, cloud security

Accounting Today

The Treasury Inspector General for Tax Administration, in two reports, critiqued the IRS on cybersecurity for both its data warehouse and its cloud infrastructure.

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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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Beyond automation: How AI can transform the human side of accounting

Xero

I was excited to sit down at Xerocon Nashville recently with Ashley Francis, a CPA with almost 25 years of experience, who has become an accounting expert on using artificial intelligence. Based in the US, Ashley is a well-known speaker, teacher and writer in the accounting industry on the value of incorporating generative AI (GenAI) and automation into practices.

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How Long Does AP Automation Take?

Compleatable

How Long Does AP Automation Take? So, what exactly is AP automation? In a nutshell – AP Automation describes software and solutions that aid the retrieval, registration, processing, approval, and payment of purchase invoices. Planned and executed properly, automating AP processes can improve the finance function, saving finance teams time and money.

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Jobs in artificial intelligence (AI)

Intuit

Table of Contents Things to know about the AI industry Jobs in AI to consider in the next step of your career How to get a job in AI Industries that commonly hire AI roles Explore AI jobs at Intuit Artificial intelligence (AI) is a powerful force that is changing our world daily. More than just a disruptive technology, AI is revolutionizing our society in a way we haven’t experienced since the introduction of the internet.

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AR processes are a mess

Accounting Today

Many companies grapple with fragmented systems, outdated procedures and a general lack of integration, which together create a chaotic environment for managing receivables.

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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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Cybersecurity in Accounting: 4 Industry Experts Share Their Insights

Ace Cloud Hosting

“It takes 20 years to build a reputation and a few minutes of cyber-incident to ruin it.” ― Stephane Nappo As technology is rapidly evolving, so is the dependency on.

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5 reasons automation is worth the investment

Plooto

Regardless of your hesitations, investing in technology can save you and your team a lot of unnecessary headaches. If you’re on the fence, read these five key reasons why payment automation is worth the investment.

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How to Become a Tax Preparer in California

Intuit

Table of Contents What Is a Tax Preparer? What Does a Tax Preparer Do? How to Become a Tax Preparer in California Tax Preparer Training Current Openings for Tax Preparers With the workforce rapidly diversifying in 2024, many people in California are naturally looking for more flexible scheduling in their jobs. Becoming a tax preparer can be a rewarding career choice for anyone with a knack for numbers and a desire to help others deal with their most pressing tax problems.

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Medicare basics for accountants: Key considerations for advising clients

Accounting Today

Navigating Medicare can be a complex task for retirees, and accountants play a crucial role in guiding their clients through this essential aspect of retirement planning.

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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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Bridging Images and Text - a Survey of VLMs

Nanonets

Introduction Large Language Models or LLMs, have been all the rage since the advent of ChatGPT in 2022. This is largely thanks to the success of the transformer architecture and availability of terabytes worth of text data over the internet. Despite their fame, LLMs are fundamentally limited to working only with texts. A VLM is worth 1000 LLMs Vision Language Models or VLMs are AI models that use both images and textual data to perform tasks that fundamentally need both of them.

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Tax Changes Deferred to Lame Duck

Insightful Accountant

As Congress reconvenes this month, tax practitioners find themselves navigating an uncertain legislative landscape with the looming threat of a government shutdown and its potential impact on year-end tax legislation.

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How to Become a Tax Preparer in Texas

Intuit

Table of Contents What Is a Tax Preparer? What Does a Tax Preparer Do? How to Become a Tax Preparer In Texas Tax Preparer Training Current Openings for Tax Preparers Working as a tax preparer in Texas means handling the tax affairs of organizations large and small. Whether operating in the public or private sector, you’ll be at the forefront of the organization’s tax filing strategies, providing ongoing support via accurate filing and tax-related advice.

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Tax planning for the unknown

Accounting Today

Between the coming sunset of the Tax Cuts and Jobs Act, the presidential election and a host of other factors, this is shaping up to be a tough year for advising clients.

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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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8 Considerations When Raising Your Prices

Nolan Accounting Center

There are many things to consider and many decisions to make when running a small business. Among the most important are pricing decisions. As Harvard Business School professor Raymond Corey stated, “Pricing is the moment of truth—all of marketing strategy comes to focus on the pricing decision.” McKinsey & Co. says, “Pricing is by far the biggest tool for earnings improvement.

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Top ProAdvisor Profiles: Kathy Grosskurth

Insightful Accountant

Kathy Grosskurth is our featured 2024 Top ProAdvisor this week. Kathy has her own Bookkeeping practice in Ormond Beach, Florida.

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How to Become a CPA in California

Intuit

Table of Contents California CPA Requirements How to Become a CPA in California CPA Jobs Remote CPA Jobs Certified Public Accountants (CPAs) have met strict educational and professional criteria to reach the CPA designation. They’re highly motivated and competent individuals who have demonstrated expert-level knowledge on financial data, reporting, and filing standards.

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Standard vs. itemized: Who deducts what?

Accounting Today

Taxpayers earning more are more likely to choose to itemize their deductions, while taxpayers earning less tend to favor the standard deduction.

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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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Harnessing AI: How Bookkeepers Can Stay Ahead In the Age of Automation

The Successful Bookkeeper

From hiring processes to creative production, artificial intelligence is transforming many demanding aspects of business.

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Cloud in Legal Industry – Benefits and Use Cases

Ace Cloud Hosting

There has been a significant shift to cloud-based solutions across the legal industry in the last several years. The adoption of cloud technology in law firms is on the rise.

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How to Become a CPA in Florida

Intuit

Table of Contents Florida CPA Requirements How to Become a CPA in Florida CPA Jobs According to Florida’s Department of Business & Professional Regulation (DBPR), there are more than 36,000 Certified Public Accountants (CPAs) and 5,000-plus CPA firms in the state. Becoming a CPA has many benefits, including career advancement, higher-income opportunities, and more freedom to explore your favorite niches and specialties within the accounting and financial fields.

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RSM lays off 3% of staff

Accounting Today

The cuts include roughly 240 employees in RSM's consulting businesses, and come as demand for the profession's consulting services wanes.

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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.