Sat.Sep 30, 2023 - Fri.Oct 06, 2023

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Streamlining Talent Acquisition for Small CPA & Bookkeeping Firms: Includes Checklist

The Successful Bookkeeper

For small CPA and bookkeeping firms with fewer than five employees, the decision to outsource can be transformative. It offers access to specialised skills, cost savings, and scalability during peak seasons. However, a significant concern that often lingers is, "How can I quickly onboard the right Outsource resources?". In this article, we will explore the crucial aspect of effective onboarding and integration of Outsource accounting professionals, emphasising the need for a swift and seamless p

CPA 100
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IRS makes progress on implementing Inflation Reduction Act

Accounting Today

The Internal Revenue Service has been working hard to implement the dozens of tax provisions contained in last year's Inflation Reduction Act, according to a new report.

Tax 325
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How to think like a cyber criminal to protect your business

Xero

Over the last 12 months, millions of customers around the world have been impacted by some of the biggest data breaches in history. As a small business or advisor working with sensitive personal and financial information every day, the stakes are high. If your business or practice experienced a data breach, it could have a serious impact on your livelihood.

XERO 271
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Avoid These Common Budgeting Mistakes for Your Business

Accounting Department

Budgeting is crucial for any business that wants to succeed in the long term. As a business owner or CFO for a small to medium-sized business, you may have experienced the challenges of creating and implementing a budget.

Budgeting 234
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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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Accelerate your career path inside Intuit

Intuit

How did you get your start in the technology space? I earned degrees in computer science and computer engineering, and I started working for a well-known company as a development manager. I enjoyed the challenges, but I wanted to be part of a team that offered more stability. That’s when my Intuit story begins. I was thrilled to be part of the company, using my skills to focus on location data and improving the lives of our customers’ employees by helping them track their time.

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Child poverty soars, forcing states to offer tax credits

Accounting Today

Eleven states have created or expanded a fully refundable child tax credit following the expiration at the end of 2021 of the federal measure, which enabled families to get as much as $3,600 per child.

Tax 317

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ADC Gets AMPLIFIED in Detroit at EO XCentric!

Accounting Department

Our second Entrepreneurs' Organization (EO) event of the year, EO XCentric, took place in Detroit this week and ADC's Shawn Marcum, fresh off of EO Alchemy, set out to rock Detroit and spend some time with all of the great event attendees.

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A Comprehensive Guide to KPI Utilization and Automation

Cevinio

Driving Excellence in Accounts Payable: A Comprehensive Guide to KPI Utilization and Automation In the realm of corporate finance, maintaining a competitive edge is paramount. One area where this is particularly true is Accounts Payable (AP). The efficiency of AP operations can significantly impact an organization’s financial stability and overall prosperity.

AP 100
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IRS employee union relieved after gov't shutdown averted

Accounting Today

The National Treasury Employees Union expressed a sense of relief after lawmakers in Congress unexpectedly managed to pass a stopgap spending bill.

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How beating the digital drag can help fuel your small business growth

Xero

From your local plumber and barber, to your favourite cafe, these small businesses sit at the heart of our communities. They are the ones driving jobs, economic growth and a place for people to come together. These smallest businesses — those employing up to nine people — make up 15% of the UK’s turnover, and provide over a quarter of jobs. But despite this, a “digital drag” is holding the smallest firms back from reaching their full potential.

XERO 229
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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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We’re Going to the Schools & Academies Show 2023!

Compleatable

The news is out- Compleat Software will be exhibiting at the Schools & Academies Show 2023! This year’s show will be held on the 22nd November 2023 at the NEC, Birmingham, and will see more than 3,000 attendees from a range of backgrounds, including representatives from schools, academies, MATs, local authorities, central government, specialist charities and the wider education sector.

Budgeting 100
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BatchMaster for QuickBooks – Introduction

Insightful Accountant

Murph delivers the first part of a series on BatchMaster software for use with QuickBooks, which can bring your products to market faster and cheaper, while reducing overall costs and complying with your industry’s regulatory mandates.

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Renovating your back office

Accounting Today

For accounting firms to scale, they need to build a stronger infrastructure of professional HR, marketing, IT and other support systems, explains Rachel Anevski.

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Xero UK Roadshow 2023: Bringing practice efficiency to you

Xero

We’re excited to be coming to a city near you with the Xero UK Roadshow, bringing you the latest updates in Xero. From fresh features to the latest industry trends, there’s so much on offer to help you run your practice more efficiently so you can do more of the things that really matter. We’ll be visiting six cities between 31 October and 22 November 2023: London: Tuesday 31 October Bristol: Thursday 2 November Birmingham: Tuesday 7 November Belfast: Thursday 9 November Edinburgh:

XERO 173
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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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How Artificial Intelligence Will Impact the Accounting Industry?

Ace Cloud Hosting

Artificial intelligence, a technology that’s been more than just a buzzword in recent years, has laid its foot in the accounting industry. Think about it—every day, we use tools with.

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Designing Your Cloud With Failure In Mind

CloudZero

Implementing any cloud development project can be tricky, and frustrating. Especially when you are pressured with time, reactive approaches, or cost-saving scenarios.

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Not having a House Speaker is threatening tax and other key areas

Accounting Today

Among the items now stalled are a measure to extend federal banking protections to marijuana companies operating in states where the drug is legal and negotiations to restore tax breaks for business spending on research and development.

Tax 299
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The Pros and Cons of a Family Business

Insightful Accountant

While there are a number of dynamics at play, it is how you handle these situations that go a long way in determining if a family business is right for you. Bryan Cytron and Scott Cytron of Cytron and Company explain.

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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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How Catalyst Plus Successfully Recouped $10,000 for a Client with the Help of Dext

Dext

About Catalyst Plus Julie-Anne Ellem, better known as Jewlz, is a powerhouse in the Australian accounting industry. Starting her career at a young age in Sydney, she’s come a long way from her small-town roots.

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How to Calculate Costs for Your Trucking Company

CSI Accounting & Payroll

Staying profitable in the transportation industry is a challenge these days, whether you're in freight or specialized trucking. Without a proper way to track and control operational expenses for your trucking company, you run the risk of going out of business. One way to gauge profitability is to calculate the cost per mile for each of your trucks. That way, you’ll have a better understanding of your expenses when it comes time to charge your customers.

Payroll 98
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IRS warns about art donation scams

Accounting Today

The service is cautioning taxpayers against claiming exaggerated deductions for purported donations of artwork, as it sees a rise in such schemes.

Tax 328
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Bill Unveils Accountant Console for Accountant Partners

Insightful Accountant

The new financial operations platform for SMBs integrates category-leading solutions across accounts payable (AP), accounts receivable (AR), and spend and expense management.

AR 98
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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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Understanding ASC 606 Revenue Recognition?

Billing Platform

A generally accepted accounting principle (GAAP), ASC 606 revenue recognition identifies the specific conditions in which revenue can be recognized and provides a framework for how companies need to account for revenue received. Essentially, the revenue recognition principle states that revenue can only be recognized once it has been earned – not necessarily when payment is received.

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The Top Cloud Cost New From September 2023

CloudZero

When it comes to September’s cloud cost news, cloud-based organizations will have to take a little bit of sour news along with the sweet:

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Taxpayer interest in IRS direct filing may be 'overstated'

Accounting Today

Taxpayers' eagerness to use free software provided by the service to file their taxes may be exaggerated because of the way a survey was designed.

Tax 321
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Intuit Releases QuickBooks Small Business Index for September 2023

Insightful Accountant

Based on the most recent Intuit QuickBooks Small Business Index, small businesses with one to nine employees in the US created 16,00 jobs in September, an increase of only 0.1325% over August.

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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 to Measure the Best KPIs for Your Small Business

CSI Accounting & Payroll

When you run a small business, there are tons of numbers involved. A lot of owners are focused on the basics like sales and expenses, and they trust their accountant to handle their statements. However, while an annual tax accountant can give you a reflection of your last year, you might not have a deeper understanding of what each line on your financial statements means.

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Passwordless Authentication: The Future of Securing Access for Accounting & Bookkeeping firms

The Successful Bookkeeper

In today's rapidly evolving digital landscape, ensuring the security of online accounts and the protection of sensitive data have become more critical than ever. This holds particularly true for accounting and bookkeeping firms in the United States, entrusted with the responsibility of safeguarding confidential client information. While traditional password-based authentication methods have been widely utilized, they are increasingly susceptible to various security threats.

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Money pours into AI, and other tech stories you may have missed

Accounting Today

Plus, Intuit introduces QuickBooks Money, Google's AI assistant gets very personal, and seven other things that happened in technology this past month.

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Top 100 2024 Clues: Earn Points at Upcoming Event

Insightful Accountant

You can earn valuable 2024 Top 100 Categorical training points by participating in the upcoming Intuit Virtual Event for ProAdvisors supporting the mid-market with QuickBooks Online-Advanced.

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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.