Sat.Feb 17, 2024 - Fri.Feb 23, 2024

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Accounting standards blamed for lack of accountants

Accounting Today

It's not just the 150-hour rule for obtaining a CPA license that may be the culprit for the talent shortage, according to an academic study.

CPA 344
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State of FinOps ’24: Top Priorities Shift to Reducing Waste and Managing Commitments

FinOps Foundation

Key Insight: With economic pressure increasing across the world in 2023, many organizations are leaning on their FinOps teams to help prioritize cloud optimizations. Reducing waste and managing commitment-based discounts unseated empowering engineers to take action as the top key priority for the first time. Teams are also investing in their forecasting capabilities to better predict cloud spend, and the cost of running AI/ML is expected to have a big impact on FinOps practices in 2024.

FinOps 331
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Unlocking Business Insights with QuickBooks Dashboards

Accounting Department

In the modern business landscape, data is power. For business owners, entrepreneurs, and CEOs, QuickBooks stands as a beacon, illuminating the path with insightful dashboards that transform raw financial data into strategic insights. The mere mention of 'dashboard' may conjure images of speedometers and gauges, which is apt considering QuickBooks dashboards are designed to keep your finger on the pulse of your business functions.

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Podcast | Transforming AP: The Benefits of a Change Management Plan

Cevinio

Discover the nuances of change management in Accounts Payable while working on the transition to a new way of operating.

AP 130
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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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The 20 best states for doing business

Accounting Today

While property and unemployment insurance taxes are universal in every state, many of the best states for doing business do not have corporate, sales or individual income taxes.

Tax 344
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Top Challenges Tax Pros Face (And How Cloud Hosting Beats Them)

Ace Cloud Hosting

Ever feel like tax prep is a juggling act? We get it. From struggling with accessibility to worrying about data security, the challenges can feel endless. But guess what? There’s.

Tax 108

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Giving Some Love to the Concierge Accounting Practice

Insightful Accountant

Imagine a scenario in which you could devote more time to actually partnering with your clients to solve their issues and provide them solutions, rather than simply handling their books or processing their tax returns.

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Art of Accounting: Top growth areas for CPAs

Accounting Today

Many services can be marketed to new clients as well as to existing clients. Once you begin adding services to your clients, more develop.

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Why Accountants Quit Public Accounting Firms

Cloud Accounting Podcast

Blake and David meet with Geoffrey Brown of the Illinois CPA Society to examine some key findings from ICPAS's recent retention report, including top reasons for turnover, where departing accountants are going, and ideas for improving work-life balance. Meet Our Guest, Geoffrey Brown LinkedIn: [link] Twitter: [link] Facebook: [link] Instagram: [link] Learn more about the Illinois CPA Society (ICPAS) Website: [link] Listener Survey Please take our listener survey: [link] Need CPE?

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Leveraging Live Forecasts to Drive A Successful Business

Accounting Department

Forecasting in business has long been the compass that guides strategic planning and resource allocation. Traditionally, forecasting relied on historical data to project future trends, a method with inherent lag times and uncertainties. However, as markets become more dynamic and volatile, the value of traditional forecasting is waning. Enter live forecasting—a real-time analytical process that allows businesses to make agile, informed decisions, keeping their finger on the pulse of a rapidly ch

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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With Staffing Challenges And Remote/Hybrid Work Here to Stay, Finance Leaders Embrace Back-Office Automation

Insightful Accountant

Businesses are prioritizing efficiency and savings over growth due to uncertain economic conditions. Finance leaders are seeking ways to operate profitably and improve cash flow control.

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IRS accelerates audits of business jet usage

Accounting Today

The Internal Revenue Service will be scrutinizing the use of corporate jets for personal travel more closely, focusing on big corporations and partnerships, as well as high-income taxpayers.

Auditing 325
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How to Become a Cloud Bookkeeper

LedgerDocs

The future of business is online, so it is no surprise that so many bookkeepers are beginning to embrace cloud technology to allow them to work online. Becoming a cloud bookkeeper is simpler than you think. Here’s a quick guide to get you started. Choose a Cloud-Based Platform: An important step in moving your operations online is familiarizing yourself with platforms like QuickBooks Online , LedgerDocs , or Xero.

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Podcast: Title of the podcast

Cevinio

The post Podcast: Title of the podcast appeared first on Cevinio.

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Building a Business Case for Finance Automation

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

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LeaseQuery Rebrands as FinQuery

Insightful Accountant

LeaseQuery, with solutions to manage companies’ largest areas of spend, has announced its rebrand as FinQuery.

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Washington, Lincoln and the U.S. tax system

Accounting Today

In the wake of President's Day, and in the midst of tax season, take a minute to learn about Washington's and Lincoln's key contributions to the U.S. tax system.

Tax 325
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Demystifying Government Contract Requirements: A Guide for New Businesses.

SMB Accounting and Consulting

Understanding the basics of government contracts is essential when engaging in contractual agreements with government entities. When reviewing such contracts, key considerations include a thorough examination of the scope of work, payment terms, performance metrics, and compliance with regulations. Utilizing tools like Suppl-O contract briefs can significantly aid in the efficient review process by highlighting changes, facilitating quick reference, and ensuring transparency.

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How to Remote Access ATX Professional Tax Software?

Ace Cloud Hosting

ATX professional tax software is an advanced tax preparation software best suited for SMBs, CPAs, and freelance accountants that files simple to complex returns. The software offers many features, such.

Tax 81
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Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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QuickBooks Online Advanced Financial Forecasts

Insightful Accountant

As a part of the Financial planning features available to QuickBooks Online Advanced users, a new 'Forecasts' functionality has been released. Presently it is available to all U.S. QBO-Advanced subscribers.

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International tax changes bring uncertainty to global companies

Accounting Today

The changes underway in setting global taxes are leading to confusion for many countries that authorities are trying to alleviate.

Tax 321
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Beyond the Bottom Line: Dignity, Respect & Netback

RevCycle

Healthcare collections often carry a negative connotation, conjuring images of aggressive tactics and strained relationships. But what if it didn’t have to be that way? At RevCycle, we believe that dignity, respect, and patient understanding are not just ethical imperatives, but also key drivers of successful collections, ultimately leading to a healthier bottom line for healthcare facilities.

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Onerous contract definition

Accounting Tools

What is an Onerous Contract? An onerous contract is a contract in which the aggregate cost required to fulfill the agreement is higher than the economic benefit to be obtained from it. Such a contract can represent a major financial burden for an organization. These contracts may be considered onerous as soon as they come into existence, but it is more common for them to be considered onerous due to a change in circumstances that either increases their costs or reduces their benefits.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

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Major Changes to SALT Taxes

Insightful Accountant

Practitioners often overlook SALT law changes unless specialized, but clients expect awareness. State nexus laws are crucial in tax advisory. Even without sales tax services, SALT law changes can signal nexus impacts.

Tax 105
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IRS criminal investigators crack down on ERC claims

Accounting Today

The Internal Revenue Service's Criminal Investigation unit has been investigating bogus claims for the employee retention credit and educating tax professionals about the problems they can encounter.

Tax 321
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Budget Singapore 2024: Key Takeaways for SMEs and Business Owners

Counto

Budget Singapore 2024: 6 Key Takeaways for SMEs and Business Owners Singapore Budget 2024 contains several financial measures to support businesses, households, and individuals. Here are the key highlights: Support for Businesses : The new Enterprise Support Package will allocate SG$1.3 billion to assist companies in managing rising costs. This includes a 50% corporate income tax rebate, with a cap of SG$40,000, and a minimum of S$2,000 in cash payouts for companies that hired local employees in

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Microsoft 365 Hosting vs. On-Premise: Difference Explained

Ace Cloud Hosting

In today’s fast-paced business world, choosing the right hosting option for Microsoft 365 is crucial. Whether to go with cloud hosting or on-premise deployment can significantly impact productivity and efficiency.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

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Keeping New Clients in the Pipeline

Insightful Accountant

For small tax practitioners, a consistent flow of new clients is vital for growth. Balancing return completion with lead generation during tax season is key. Building a client pipeline year-round ensures continuous business development.

Tax 104
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Firms grapple with sustainability reporting and assurance

Accounting Today

Most companies are providing some disclosures about their sustainability efforts, but not as many are getting assurance on their numbers from auditing firms.

Auditing 312
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Ep. 252: Rick Watson - Cultivating Organizational Trust

IMA's Count Me

Welcome to Count Me In! Join host Adam Larson and special guest Rick Watson , CEO of Protection Point Advisor, founder of the National Referral Network and author of A Firm Worth Building. They dive into inspiring stories and insights on leadership, company culture, and business success. Get ready for engaging conversations and valuable business wisdom from industry experts like Rick, who shares his journey and expertise in changing company culture.

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The Biggest Check You Can Write to The IRS

Cloud Accounting Podcast

Blake and David break down the IRS's $99 million paper-check limit, how states use tax credits to attract movie productions (sometimes unsuccessfully) and give their take on actor Kenan Thompson losing $1.5 million to fraud as a child. They also cover couples arguing over finances, AI answering tax questions in California, accounting rules hiding commercial real estate loan losses on bank balance sheets, and the lack of action from accounting standards boards to change these rules.

CPA 62
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Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.