Sat.Jan 27, 2024 - Fri.Feb 02, 2024

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Optimize Usage and Rates Simultaneously

FinOps Foundation

Key Insight AWS Cost Optimization Hub deduplicates competing recommendations from AWS cost optimization tools, so practitioners can trust that the potential savings number is achievable. Summary Cost Optimization Hub : This new hub pulls recommendations from all AWS cost optimization products together and deduplicates competing recommendations, so customers can optimize usage and rates simultaneously, and trust the savings number they see.

FinOps 130
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Reshaping the pyramid

Accounting Today

The accounting profession is in the midst of a vast experiment with a host of new ways to structure how firms are owned and managed.

professionals

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Intuit and Khan Academy Team Up to Offer Free Financial Education to Students and Teachers

Intuit

Today, we announced a new initiative with Khan Academy that aims to empower educators and students with free financial education tools. With the help of Khan Academy, we’re working toward our goal of engaging 50 million students with free learning resources by 2030. Intuit and Khan Academy have a shared goal to provide free financial resources to all high school students across the United States.

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We’re retiring the classic version of Xero invoicing

Xero

We’ve had two versions of our invoicing feature for a while now — classic invoicing and new invoicing. The new version is built on the latest technology and features time-saving tools that make it easier to customise your invoices and simplify the way you get paid. Our teams have big plans to add even more value to the new version of invoicing in the future, including features that we know are important to you.

XERO 279
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Forecasting Failures Are Costly: Here's How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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Simplified and Automated Cloud-Based Tax Calculations with AvaTax

Accounting Department

AvaTax by Avalara is a groundbreaking solution that revolutionizes the way businesses handle tax calculations. This cutting-edge cloud-based software simplifies the complexity of tax calculations, ensuring accuracy and efficiency every step of the way.

Tax 275
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House passes bill expanding Child Tax Credit and business breaks

Accounting Today

The House passed tax extenders legislation reviving a number of tax breaks, including the enhanced Child Tax Credit, the ability to fully deduct research and development expenses in the first year, 100% bonus depreciation, disaster tax relief, and more.

Tax 328

More Trending

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What is Accounts Receivable Automation, and how can you leverage it for your business?

Cevinio

What is Accounts Receivable Automation, and how can you leverage it for your business? Introduction The efficiency and accuracy of your financial processes play a pivotal role in the success of your business. One such critical aspect is managing Accounts Receivable (AR). This encompasses a range of tasks, from sending invoices and confirming their receipt to chasing overdue payments and updating customer records.

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20 Years of 1099s at AccountingDepartment.com

Accounting Department

It is that time of the year again, tax season. Many businesses dread this time of the year - it's tough. But thankfully, it's not as tough when you have the unrivaled support of AccountingDepartment.com.

Tax 263
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IRS kicks off tax season with extended hours, service and tools

Accounting Today

The Internal Revenue Service began accepting tax returns Monday, promising improved help to taxpayers and new resources both in-person and online.

Tax 328
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The Great Debate: Optimize Usage or Rates First?

FinOps Foundation

Key Insight AWS Cost Optimization Hub deduplicates competing recommendations from AWS cost optimization tools, so practitioners can optimize usage and rates simultaneously, and trust the savings number that they see is achievable. Summary Cost Optimization Hub : Cost Optimization Hub pulls recommendations from all AWS cost optimization products together and deduplicates competing recommendations, so customers can optimize usage and rates simultaneously, and trust the savings number that they see

FinOps 130
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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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A new tool to make taxes more transparent

Intuit

It’s no secret that the federal tax code is long, complex, and difficult to understand. In fact, many Americans don’t have a clear understanding of how the tax code works or what federal programs and initiatives their tax dollars support. Understandably, this lack of transparency can be a massive source of frustration every tax season. More than 80 percent of Americans say that the complexity of the federal tax system bothers them.

Tax 130
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Do audit opinions even matter anymore?

Blake Oliver

The commoditization of audits is contributing to the CPA shortage.

Auditing 122
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Problems found in new IRS online 1099 portal

Accounting Today

The Internal Revenue Service has been working to resolve a problem that was preventing businesses and tax professionals from using a new online portal where they could file their 1099 forms for free.

Tax 325
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The Great Debate: Optimize Usage or Cost First?

FinOps Foundation

Key Insight AWS Cost Optimization Hub deduplicates competing recommendations from AWS cost optimization tools, so practitioners can optimize usage and rates simultaneously, and trust the savings number that they see is achievable. Summary Cost Optimization Hub : Cost Optimization Hub pulls recommendations from all AWS cost optimization products together and deduplicates competing recommendations, so customers can optimize usage and rates simultaneously, and trust the savings number that they see

FinOps 130
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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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Tax Compromise Passes House Vote

Insightful Accountant

The US House of Representatives overwhelmingly passed a $78,000,000,000 "extenders bill" this week.

Tax 111
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How Drake Tax Software on Cloud Benefits Tax Professionals in 2024

Ace Cloud Hosting

While there are multiple software solutions for tax preparers, Drake is among the most preferred choices. Features like Drake Scheduler, e-signature, Drake Tax Planner, etc., help them prepare accurate tax.

Tax 110
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Preparers mixed on IRS improvements

Accounting Today

With the agency touting improved service and response times, tax practitioners are acknowledging the gains, but still see room for more.

Tax 323
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Can Using a FinOps Score Help Any Practitioner Advance Their Practice?

FinOps Foundation

Key Insight Google Cloud’s FinOps Hub gives teams a central place to measure and improve your FinOps practice at crawl, walk, and run stages. Summary PRACTITIONER FOCUS : Early tooling was designed for engineers, but Google Cloud’s 2023 roadmap aimed to address the needs of FinOps practitioners. DATA : Google Cloud added more metadata in BigQuery exports and went from having 40% of all costs covered by granularity to having 70% of costs covered by granularity, with plans to achieve 100%.

FinOps 130
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How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?

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Acumatica Will Return to Las Vegas for 2025

Insightful Accountant

During the 2nd-day of their 2024 Summit, Acumatica announced the event’s date and location for 2025. They also premiere new features and functionalities that will be implemented with their 2024R1 and R2 updates.

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Top 10 Emerging Cybersecurity Challenges to Watch Out for in 2024

Ace Cloud Hosting

Cyberattacks are increasing day by day, and so are the security concerns for businesses. It’s well-known that digital platforms and the internet have become a part of everyone’s life, but.

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Generative AI for small and midsized firms

Accounting Today

Without breaking the bank, small and midsized firms can make smart investments to adopt AI and tailor it for specific uses.

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How to Optimize Usage and Rates Simultaneously

FinOps Foundation

Key Insight AWS Cost Optimization Hub deduplicates competing recommendations from AWS cost optimization tools, so practitioners can trust that the potential savings number is achievable. Summary Cost Optimization Hub : Cost Optimization Hub pulls recommendations from all AWS cost optimization products together and deduplicates competing recommendations, so customers can optimize usage and rates simultaneously, and trust the savings number that they see is achievable.

FinOps 130
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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

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Acumatica Launches New Era of Business Growth and Product Expansion at Summit 2024

Insightful Accountant

Opening Keynote at Acumatica Summit reflects product plans and strategy for supporting customer growth ambitions with leading-edge technology

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Buying Out Partners, Implementing Workflow, and Referral Systems to 2X Growth

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, brought to you by Jetpack Workflow, host David Cristello interviews Jennifer Ryan, the owner of Bookkeeping Direct. Jenny shares her journey from initially joining the firm as a contractor to eventually buying the business in 2016. She highlights the company’s impressive growth of 140% in the past year and discusses how the firm expanded its staff to four members.

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Melancon looks to build accounting pipeline amid tax changes

Accounting Today

American Institute of CPAs president and CEO Barry Melancon discussed the new tax extenders bill that's working its way through Congress, along with a variety of issues affecting the accounting profession, during a wide-ranging talk Thursday at the Accountants Club of America in New York.

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Use a FinOps Score to Measure Improvements in Your Practice

FinOps Foundation

Key Insight Google Cloud’s FinOps Hub gives teams a central place to measure and improve your FinOps practice at crawl, walk, and run stages. Summary PRACTITIONER FOCUS : Early tooling was designed for engineers, but Google Cloud’s 2023 roadmap aimed to address the needs of FinOps practitioners. DATA : Google Cloud added more metadata in BigQuery exports and went from having 40% of all costs covered by granularity to having 70% of costs covered by granularity, with plans to achieve 100%.

FinOps 130
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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

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Watch Out when Changing from Average Cost to FIFO

Insightful Accountant

Some QuickBooks Users may think changing from Average Cost to FIFO is as simple as selecting a preference or migrating to a different product version. not true, you could be in store for 'BIG Differences' in your financials.

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Top 8 Cybersecurity Best Practices for Accounting & Tax Firms in Tax Season

Ace Cloud Hosting

Tax season can be a real headache, especially when scammers trick you into their schemes. It’s no secret that phishing, scamming, breaches, ransomware attacks, and other online frauds tend to.

Tax 106
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A pre-season risk checkup can save post-season regret

Accounting Today

Accountants and tax pros need to take steps to protect themselves as they start the countdown to April 15.

Tax 317
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How to Optimize Usage and Rates Simultaneously

FinOps Foundation

Key Insight AWS Cost Optimization Hub deduplicates competing recommendations from AWS cost optimization tools, so practitioners can trust that the potential savings number is achievable. Summary Cost Optimization Hub : Cost Optimization Hub pulls recommendations from all AWS cost optimization products together and deduplicates competing recommendations, so customers can optimize usage and rates simultaneously, and trust the savings number that they see is achievable.

FinOps 130
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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.