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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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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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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Breaking Ground on Better Payment Processes: Strategies for Construction Pros

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

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Revamped CPA exam will bring big changes

Accounting Today

CPA 290
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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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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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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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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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The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

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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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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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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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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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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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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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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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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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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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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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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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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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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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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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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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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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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So Much Fraud

Cloud Accounting Podcast

Sponsors Liscio: [link] LedgerGurus: [link] Canopy: [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes 1:06 – David Picture with Luca [link] 8:30 – Celsius Owes $4.7 Billion to Users But Lacks the Money to Pay [link] Crypto Lender Celsius Files for Chapter 11 Bankruptcy [link] 13:21 – Where in the world are the Three Arrows Capital founders?

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Tech News: Sage and Microsoft deepen partnership

Accounting Today

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Five breakout sessions you need to check out at Xerocon London 2022

Xero

There is so much to see and do at Xerocon London 2022 , from entertaining activities to inspiring keynotes, that it can be hard to know where to start. We recommend taking in as much as possible during the event – as well as leaving time for those all-important catch-ups with colleagues and peers – and urge you to check out some of the brilliant breakout sessions taking place across the two days.

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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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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.