Sat.Jul 16, 2022 - Fri.Jul 22, 2022

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IRS grilled over fake charity fraud schemes

Accounting Today

Tax 321
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Xerocon Sydney by the numbers

Xero

We’re numbers people here at Xero. And we know you – our partner community – are too. So to celebrate the return of Xerocon Sydney this September, we’ve gone and rounded up some stats to give you a taste of what to expect. Because if our calculations are correct, there are 1,161 reasons (and counting) to get excited about this unmissable event for cloud accounting leaders. . 12 keynote sessions.

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professionals

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How SaaS Companies Should Prepare for an IPO

Sage Intacct

Wow, an IPO is a massive milestone! It signifies that your company is a clear forerunner in its market and that it’s run and managed effectively. Going public is something a company’s leadership can be incredibly proud of.

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How to Get Accounting Clients in a Changing World

Future Firm

In this post, I’ll be outlining strategies your firm can take today for how to get accounting clients and land new business in a rapidly changing world. I’ll be backing these strategies up with statistics gathered from a recent study titled “ The Next Chapter for Small Business: How to Thrive in a Changed World ” conducted by Forrester Consulting on behalf of Xero, which surveyed 1,000+ small businesses and 1,000+ consumers around the world in June 2020 to tap into today&

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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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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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Revamped CPA exam will bring big changes

Accounting Today

CPA 290
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Four processes in Xero to make FY23 your best year yet

Xero

Ringing in the new financial year may come without fireworks or champagne, but it is a great opportunity to reflect on the present and what lies ahead. It can be a moment to pause and take note of where your business currently is and how it operates – as well as where you want to be. It’s also a useful time to make changes or upgrades, especially to systems and processes, so things will be smooth-running well into the future.

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More Trending

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Accounting Engagement Letter: Templates, Samples & How to Create One

Future Firm

Does your firm use an accounting engagement letter when signing on a new client? This post is a deep dive into why you should. In this article, you’re going to learn about: What an accounting engagement letter for your firm is. The purpose and need of a quality engagement letter. Items to put in yours. What to use to send this valuable document. Sample sections and template letters.

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Freelancers and gig workers facing tax challenges

Accounting Today

Tax 279
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Unveiling Xero’s commitment to small business employers

Xero

Running a small business certainly isn’t easy — and the pressure only increases when it comes to managing employees. But they play a really critical part in enabling the UK economy. . Did you know that in 2021, small and medium-sized businesses in the UK had a combined turnover of £2.3 trillion and employed 16.3 million people in the UK, which accounts for over 60% of all private-sector employment ?

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K3s Vs K8s: What’s The Difference? (And When To Use Each)

CloudZero

Kubernetes, or K8s, is an open-source, portable, and scalable container orchestration platform. With K8s, you can reliably manage distributed systems for your applications, enabling declarative configuration and automatic deployment.

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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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5 Steps to Build Your Revenue Recognition Strategy

Sage Intacct

Revenue recognition is at the heart of accounting for SaaS and subscription companies. But it is complicated. However, you can quickly study and optimize your unique version of calculating deferred revenue.

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Are you ready for the crypto tax storm?

Accounting Today

Tax 278
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How digitalisation can make your practice invaluable to your clients

Xero

This is a guest post by Lara Mulady, Senior Content Strategist at Pleo – an end-to-end expense management solution that seamlessly integrates with Xero. . Accounting has always been a careful balance of calculations and consulting. But when push comes to shove, it’s often the strategic consulting work that gets pushed to one side to make time for the time-bound and legally required ‘traditional’ bookkeeping tasks.

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What To Look For In A Cloud Cost Tool: Must-Haves And Red Flags

CloudZero

When you’re already strapped for time and bogged down by cloud bills that seem higher than they should be, you may not be inclined to devote months to researching the best cloud cost tools. And unless you’ve used a cost tool before, you may have no idea where to start.

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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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5 Bookkeeping Errors that are Costing Your Business

Stephanie Peterson

Due to a lack of knowledge of proper accounting procedures and regulations, many small business owners often make costly bookkeeping errors in their early years of operation. Here are 5 of the most common bookkeeping mistakes small business owners make. Managing Your Books By Yourself Money management is undoubtedly a crucial task and should be left for professionals to handle.

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The risky side of tax-loss harvesting that advisors need to know

Accounting Today

Tax 278
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Share your story in this year’s Xero Australia Awards

Xero

Grit and resilience have long been synonymous with the Australian spirit. But if recent years have taught us anything, it’s that our nation’s entrepreneurs embody these traits day in and day out. From the local store that’s pivoted online and gone global to the accounting firm that’s embraced flexible working to attract talent, countless success stories have emerged since the pandemic’s arrival.

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What Is AWS Application Cost Profiler? (+ A Better Solution)

CloudZero

One of the best features of the public cloud is that it utilizes a model that enables multiple organizations to share cloud resources. This approach leverages economies of scale, ensuring each tenant sharing those resources receives a lighter bill than if they utilized a private cloud dedicated to just them.

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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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How to Close Your Business with the IRS

Stephanie Peterson

Let's face it; many businesses will come and go. The U.S. Bureau of Labor Statistics estimates that 1 in 5 U.S. businesses fail within the first year, and nearly half of all companies close by their 5th year in business. Due to the Covid-19 pandemic and tough economic times, many companies are currently struggling to keep their doors open. Whether you have a sole proprietorship, partnership, LLC, or corporation and are in need of shutting down, you must file certain forms with the IRS, including

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Value Reporting Foundation ‘sunsets’ into ISSB

Accounting Today

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Cash flow crunch: Delving deeper into the cash flow challenges affecting small businesses

Xero

I’m so thrilled to be back at Xerocon London connecting with so many of our accounting and bookkeeping partners and app partner community. It’s been such a long time since we were all able to be together in person, and it’s great to be making real-life connections again. . As we all begin to navigate this post-pandemic business environment, it’s clear that many small businesses have faced huge challenges.

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Why Compliance is a Good and Necessary Investment

Oversight

Fair is fair when it comes to fighting for billion-dollar contracts, right? So, what’s the harm in flying a group of foreign officials to lavish destinations for a weekend of fun and indulgence?

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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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Healthcare RCM: Here Come the Corporations!

RevCycle

Make no mistake, the healthcare industry is rife for new entries across a wide span of verticals and corporate America has taken note. This is due to the cost burden crushing consumers and employers alike; and is a natural extension of the increased consumerism patients have been exhibiting for years. The image below does a great job highlighting just what makes the marketplace so appealing to the largest corporations: Image Source: CBINSIGHTS, “The Big Tech in H

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ESG reporting requires the right people and processes

Accounting Today

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Announcing Xero Go: Our new app for UK-based sole traders

Xero

It was so exciting to be back on stage at Xerocon London this morning for the first time in nearly three years. I’ve really missed the opportunity to connect in person with our amazing accounting, bookkeeping and app partner communities — especially on such a large scale. I was also really excited about one of the reasons I was on stage — to unveil the early release of Xero Go , a new mobile app we’ve developed to help ease the burden of financial admin for sole traders in the UK.

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MRI Software: PropTech for the Real Estate Professional of Today, Visionary of Tomorrow

AvidXchange

The following is a guest post from our friends at MRI Software, a real estate and investment management software provider to real estate owners, investors and operators. Click HERE to learn more about AvidXchange’s partnership with MRI. At MRI Software, we design solutions for the real estate visionary—the person who wants to revolutionize the industry for the future, or who simply recognizes there has to be a better way than the current grind of their day-to-day operations.

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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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3 Reasons to Outsource Your Accounting

Brigade

We get it, as a business owner you’re busy. And on days where you’re also the marketing team, human resources department or even the cleaning crew, accounting and finances take a back seat. In no time, those receipts, invoices and spreadsheets can pile up, and if you’ve found yourself struggling to keep up, outsourced accounting might be the solution you're looking for.

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Tech News: Sage and Microsoft deepen partnership

Accounting Today

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How we’re adding more value to our practice tools in the UK

Xero

It was great to connect with so many advisors at Xerocon London today. You could really feel the excitement and buzz in the air, and my team and I were thrilled to share the latest developments in Xero. Here are some highlights of the announcements we made today. Coming soon: Document packs. You know all too well how vital it is to collect approval signatures from clients on financial statements, tax returns, and other key documents to keep work flowing and meet deadlines.

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Ep. 191: New IMA Insight: A Guide to Reducing a Carbon Footprint

IMA's Count Me

Read the report here: Management Accountants’ Role in Sustainable Business Strategy: A Guide to Reducing a Carbon Footprint Connect with the Speakers: [link] [link] [link] Full Episode Transcript: Adam: (00:05) Hello again, welcome back to Count Me In, IMA's podcast exploring the world of business from the management accountants perspective. I'm Adam Larson and today we are discussing exciting new thought leadership from IMA, which shows how management accountants are on the front lines, making

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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.