IRS adds options for electronically amending 1040s
Accounting Today
JUNE 23, 2022
Sat.Jun 18, 2022 - Fri.Jun 24, 2022
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The next step in our journey towards a unified client record
Xero
JUNE 21, 2022
If you’re an accountant or bookkeeper, you’ll know that having consistent information across your practice management tools is vital. That’s why we’re working hard to create a unified client record across Xero Practice Manager (XPM), Xero Tax, and Xero HQ. This will reduce double handling of data and give you confidence in the accuracy of your records, so you can become more efficient in your day-to-day work.
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Trending Sources
Financial Dashboards and Metrics for Software Companies
Sage Intacct
JUNE 23, 2022
If you’re the CFO of a subscription billing company, you want to bring clarity to decisions, understand where to invest, and track cash-flow and SaaS metrics, in the chaos of dynamic, competitive markets. The best CFOs balance out this equation by giving their departments clarity and direction with SaaS metrics and role-based financial dashboards.
The 15 Best Continuous Deployment Tools In 2022
CloudZero
JUNE 22, 2022
Today's technology companies need to release quality features quickly and put them in users' hands even quicker. According to the State of DevOps Report , organizations with CI/CD tools deploy 208X more often and have a 106X shorter lead time than organizations without one.
Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense
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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.
Four ways to build a fighting fit practice in FY23
Xero
JUNE 22, 2022
The world of advisory has undoubtedly changed over recent years. Since the pandemic’s arrival, many practices have had no choice but to adapt to an environment where uncertainty is the new norm. And despite some persistent challenges – such as hiring staff and rapid regulatory changes – this evolution has also brought about countless chances to grow, connect and innovate. .
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How A Cost Intelligence Mindset Will Help You Survive The Tech Industry Slowdown
CloudZero
JUNE 20, 2022
In the past couple of months, after nearly a decade of huge returns and steady growth, the tech industry has officially slowed down.
10 questions you should ask your advisor this tax season
Xero
JUNE 20, 2022
Xero partner and accountant Andrew Van De Beek of Illumin8 shares 10 questions every small business should ask their advisor this tax season (and beyond). . When it comes to tax time, small business owners (perhaps, yourself included) typically have a lot of questions for us advisors. But sometimes, knowing what to ask – or even how to ask it – can be a challenge.
Outsourced Bookkeeping for Non-Profits – Is It Right For You?
OSYB
JUNE 24, 2022
Running a non-profit organization is no easy task. There’s a seemingly endless amount of work that needs to be done. Managing employees, applying for grants, managing funds, and so much more. And then there’s bookkeeping. It’s a task that no business owner wants to deal with—including non-profit organizations. But it’s one of the most important aspects of a successful business, whether it’s a corporation, a dental practice, or a non-profit.
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.
Preparing a Service-Based Business for Recession
Stephanie Peterson
JUNE 24, 2022
Recessions are a natural part of the economic cycle and are unavoidable. On average, they typically last about a year but can cause significant harm to an unprepared business. During a recession, typically, unemployment rates increase, profit margins weaken, and credit is challenging to obtain. Service-based companies usually suffer the most during a recession as they commonly start seeing delays in payments from their clients, have a loss in clientele, and struggle to acquire new business.
Podcast – Episode #3 – Making FinOps Predictable Through Governance (Live edition)
The FinOps Alliance
JUNE 24, 2022
In this live edition of our podcast, we invited our network to join us and ask your burning FinOps questions! The central topic is Making FinOps Predictable Through Governance. In this conversation we touch on being able to forecast your cloud spend and how to keep governance of your budgets and the various models you can use to maintain this. The post Podcast – Episode #3 – Making FinOps Predictable Through Governance (Live edition) appeared first on The FinOps Alliance.
What Is Spot Instance Advisor? A Beginner-Friendly Guide
CloudZero
JUNE 24, 2022
Amazon Web Services (AWS) provides three types of Elastic Compute Cloud (EC2) instances; On-Demand Instances, Reserved Instances (RIs), and Spot Instances. EC2 On-Demand instances are the default and most expensive instances. RIs and Spot instances offer discounts of up to 72% and 90% on On-Demand instances, respectively.
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.
Independent Contractor Status vs. Employee
Stephanie Peterson
JUNE 23, 2022
One of the most common errors a business can make is not having the correct status for a worker. The IRS is clear on what differentiates employees from independent contractors. There are three defining areas the IRS takes into consideration: behavioral control, financial control, and the parties' relationship. Behavioral Control: Employees Employees typically work specific hours as directed by their employer and at a location that the employer determines.
How AP Automation Modernized a Family Construction Business
AvidXchange
JUNE 23, 2022
Becky Sorrells of Sorrells & Co. shares how AvidXchange helped solve her invoice and payment challenges in the construction industry Sorrells & Co. , a design + build construction company in Waco, Texas, is a family business started in 1998. The company created Waco’s first master planned community on the 120-acre Sorrells family farm and has since developed multiple residential and commercial neighborhoods.
Paid diagnostic review: Every bookkeeper’s weapon for taking on a big QuickBooks Online cleanup
5 Minute Bookkeeping
JUNE 23, 2022
Knocking out a big QuickBooks Online cleanup project requires the right preparation, tools, and strategy. Imagine if a boxer were to walk into the ring unprepared, without a strategy or the tools to take on their opponent – they would most likely lose the fight. Are you facing the challenge of a messy QuickBooks Online cleanup project, and want to triumph?
Fall In Love With the Month-End Close
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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.
FCPA & Travel & Expense | Two Keys to FCPA Compliance with Technology
Oversight
JUNE 20, 2022
You’re sitting at your desk when you get a call. “This is Tom from the Department of Justice (DOJ), we have reason to believe your company may be out of FCPA compliance. We are sending in auditors to assess the situation.
How Controllers Become Great CFOs
AvidXchange
JUNE 22, 2022
You’re a successful financial controller. And now you’re ready to take your career to the next level. You want a seat at the main table in the C-suite as a CFO, but you don’t just want the title. You want to be a great CFO, a transformational business leader. So how do you accomplish this? We’ve pulled together a collection of tips to help you get started.
AccountingWEB Live #4: How Uncle Sam Collects His Due with IRS Deputies
Cloud Accounting Podcast
JUNE 21, 2022
Meet Our Guests: James Robnett, Deputy Chief, Criminal Investigation LinkedIn: [link] Darren Guillot, Deputy Commissioner, IRS Small Business Division LinkedIn: [link] Learn more about IRS Criminal Investigation [link] Learn more about IRS Small Business Division [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Get in Touch Thanks for listening and for the great reviews!
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.
Ep. 187: Braden Cadenelli – Bringing sustainable practices to the food industry
IMA's Count Me
JUNE 19, 2022
Connect with Braden: [link] Full Episode Transcript: Adam (00:05): I'm Adam Larson and welcome to Count Me In, the podcast that explores the world of business from the management accountants perspective. Coming up, I speak with Braden Cadenelli about the realities of implementing sustainability practices in the food industry. Adam (00:20): Braden is a professional baker in pastry chef who runs six state-of-the-art test kitchens for Puratos, a company which makes ingredients and products for bake
Listen to the Latest Extra Credit Episode!
NACM
JUNE 24, 2022
Listen up! ?? This week's episode of NACM's Extra Credit #podcast is up. and this is one you don't want to miss!Check it out here: Episode #13: The Roots of Supply Chain Disruptions Run Deep (buzzsprout.com)Have you thought of ALL the ways supply chain disruptions impact credit? Hear what challenges supply snags have created for two cr.
AccountingWEB Live #5: Marketing that Works w/ Lee Frederiksen
Cloud Accounting Podcast
JUNE 21, 2022
Meet Our Guest, Lee Frederiksen: LinkedIn: [link] Accounting Today contributions: [link] Learn more about Hinge [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Get in Touch Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary.
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.
Supreme Court agrees to weigh fines for not reporting overseas accounts
Accounting Today
JUNE 21, 2022
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.
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