FinOps Foundation

MARCH 21, 2024

Key Insight: The FinOps Framework has been updated to reflect the present-day practice of FinOps and to better align activities with best practices that maximize the business value of cloud. The 2024 revisions include updates to the definition of FinOps, changes to simplify the Framework organization, improvements to the Domain and Capability names, and an augmented set of Personas and Capabilities that are central to modern FinOps practices.

FinOps 130

FinOps FinOps 130

Accounting Today

MARCH 22, 2024

KPMG Digital Gateway adds gen AI capacities; Chime now offers in-app tax filing; Financial Cents new ReCats tackles uncategorized client transactions; and other accounting tech news

Tax 321

Tax Accounting Accounting 321

Intuit

MARCH 22, 2024

March is a special month because it honors the contributions and achievements women have made throughout history. The theme for Women’s History Month in 2024 is inspiring inclusion, which recognizes the importance of embracing everyone and excluding no one. At Intuit, we recognize that individuals are multi-layered, and their experiences shape who they are.

QuickBooks 298

QuickBooks Collections 298

Xero

MARCH 21, 2024

Dive into the world of franchising in this Q&A with Lime Licensing ’s CEO, Andy Cheetham, as he shares his expertise, insights, and advice for businesses looking to franchise. How can a business determine if its model is suitable for franchising? Franchising is all about replication. If your current business can create a clone of itself in another location then it’s likely that your clone could be a franchise, provided it can be profitable of course!

XERO 288

XERO Deposits Bookkeeping 288

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

Accounting Department

MARCH 20, 2024

QuickBooks Online makes a chart of accounts accessible, but it's up to you to tailor it to your business's unique structure and financial tracking needs.

QuickBooks 225

QuickBooks Accounting Accounting 225

Accounting Today

MARCH 21, 2024

The Securities and Exchange Commission has charged two separate investment advisors for severely overstating their use of AI and machine learning for financial advice.

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321

Xero

MARCH 19, 2024

If you’re running a small business that employs staff, you know the administrative ‘to-do’ list can be quite lengthy. Onboarding, managing timesheets, setting wages, processing payroll, preparing for end of financial year … it can all take up valuable time. Pay runs in particular need to be easy and efficient for you, as well as your accountant and bookkeeper.

XERO 202

XERO Payroll Bookkeeping Accounting 202

Accounting Department

MARCH 21, 2024

This comprehensive guide illuminates the value proposition that outsourcing Financial Planning and Analysis can offer to small and medium-sized businesses.

Financial Operations 200

Financial Operations Financial Operations Accounting Accounting 200

Accounting Today

MARCH 20, 2024

The Public Company Accounting Oversight Board imposed a total of $150,000 in fines against three partners at KPMG's firm in mainland China for violating PCAOB standards and imposed sanctions on them.

Accounting 312

Accounting Accounting Auditing 312

Insightful Accountant

MARCH 21, 2024

Contributing Author Katie Thomas, CPA shows you how you can not only make it through "the busy season' by help future-proof your firm by adopting AI and proactive strategies.

CPA 111

CPA 111

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.

Accounting

Xero

MARCH 18, 2024

In Xero we’ve improved how you adjust your financial year-end settings. To see the latest changes check out this article – setting up your organisation’s financial settings. The start date for Basis Period Reform is fast approaching. From April 2024, your sole trader and partnership clients will need to follow a tax year basis for Income Tax as part of HMRC’s Basis Period Reform.

XERO 167

XERO Tax Bookkeeping Billing 167

Cevinio

MARCH 19, 2024

Discover the best accounts payable tool for your business with our comprehensive guide. Maximize efficiency, minimize errors, and optimize.

Accounts Payable 100

Accounts Payable Accounts Payable Accounting Accounting 100

Accounting Today

MARCH 21, 2024

The Senate Finance Committee held a hearing to discuss the Biden administration's recently unveiled budget and tax proposals, as tax experts try to predict what will happen after the election.

Budgeting 305

Budgeting Tax 305

Insightful Accountant

MARCH 20, 2024

The introduction of Microsoft 365 Copilot, the powerful new AI assistant integrated across Microsoft's productivity apps, promises to transform the way professional firms operate, including accounting and tax practices.

Tax 105

Tax Accounting Accounting 105

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.

Accounting

Bookkeeping Express

MARCH 22, 2024

As Artificial Intelligence (AI) moves to the top of the buzzwords in today’s business world, we decided it was time to take it out for a spin and test its insights. We asked ChatGPT, Google’s free AI engine, some of the more pertinent questions for business owners. See some of those questions and answers below, as well as an exclusive look at how BKE is training an AI engine to provide even more useful information to our clients.

Bookkeeping 98

Bookkeeping Bookkeeping Services Tax Financial Statements 98

Ace Cloud Hosting

MARCH 21, 2024

UltraTax CS by Thomson Reuters is a popular tax preparation and filing software with advanced features. However, with a local UltraTax setup, you get limited data accessibility. You get stuck.

Tax 90

Tax 90

Accounting Today

MARCH 19, 2024

The Internal Revenue Service hasn't fully updated its plans to use the tens of billions of dollars in additional funds provided by the Inflation Reduction Act, according to a new report.

Tax 303

Tax 303

Insightful Accountant

MARCH 17, 2024

As a part of the enhanced emphasis for QuickBooks users to migrate from Desktop to Online, Intuit is actually making changes in QBO to 'make it more like desktop.

QuickBooks 110

QuickBooks 110

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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.

Financial Statements

RevCycle

MARCH 20, 2024

The idyllic landscapes and tight-knit communities of the Great Lakes region mask a growing concern – the financial struggles of rural healthcare. These facilities, often the sole source of medical care for miles around, face unique challenges in maintaining financial margins and collecting patient revenue. This article explores the financial struggles of rural healthcare in the Great Lakes region and proposes solutions, including implementing flexible payment policies, up-front collections, and

Collections 77

Collections Billing Revenue Cycle 77

Earmark Accounting Podcast

MARCH 22, 2024

Do you have clients living or working abroad who could save big on their taxes? In this episode, expat tax specialist Vincenzo Villamena outlines creative strategies US citizens overseas can use to legally reduce their tax burden. Learn how your expat clients can exclude $120,000 in foreign earned income, set up offshore corporate structures to cut their tax rate in half, eliminate 15% self-employment tax, and more.

Tax 59

Tax Billing CPA 59

Accounting Today

MARCH 18, 2024

Deloitte is looking to overhaul its structure as the professional services firm looks to cut costs ahead of a market slowdown, according to the Financial Times.

Accounting 317

Accounting Accounting 317

Insightful Accountant

MARCH 18, 2024

Implementing a four-day workweek can boost productivity by 77%, improve work-life balance, reduce absenteeism, and save costs. However, it requires careful planning and execution, which may seem daunting in busy accounting and tax practices.

Tax 105

Tax Accounting Accounting 105

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

Economize

MARCH 22, 2024

Introduction As businesses grow, their need to handle large volumes of data and tasks increases. Automation and workflow integration help businesses scale their operations and eliminate the need for human intervention in repetitive, daily tasks.

Computation 59

Computation 59

accountingfly

MARCH 21, 2024

Remote Accounting Candidates This Week Are you struggling to hire remote accountants? Accountingfly is ready to partner with you. With Always-On Recruiting , you can gain full access to a pool of highly skilled and experienced remote accountants. Plus, there’s no up-front cost! Below is a small selection of our available top accounting candidates this week.

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Accounting Accounting Financial Statements Payroll 59

Accounting Today

MARCH 21, 2024

The Internal Revenue Service is urging businesses that have filed claims for the Employee Retention Credit to make sure they didn't incorrectly claim the credit and to come forward if they did.

Tax 298

Tax 298

Insightful Accountant

MARCH 19, 2024

Sunsets are not always as beautiful as the one depicted. and so it may be for many who are using QuickBooks Desktop 2021 products when those products 'sunset' on May 31, 2024.

QuickBooks 102

QuickBooks 102

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.

Economize

MARCH 18, 2024

In today’s digital age, where speed and accessibility are the prime factors of website performance, content delivery plays a crucial role in ensuring optimal user experiences. Azure CDN is a dynamic content delivery network (CDN) with a distributed network of servers, which helps you elevate your content delivery strategy.

Computation 59

Computation 59

Ace Cloud Hosting

MARCH 18, 2024

Managing extensive financial data and connecting through email communications? Beware, as you may be a prime target for cyberattacks. Email is the primary mode of communication in this digital business.

Accounting 59

Accounting Accounting 59

Accounting Today

MARCH 22, 2024

The Internal Revenue Service has been making progress on catching up with its backlog of unprocessed tax returns, but more work needs to be done, according to a new report.

Tax 299

Tax 299

Insightful Accountant

MARCH 20, 2024

Tax pros: With the IRS hiring thousands of revenue agents, the agency encourages members of the tax professional community to consider applying for one of the many career opportunities

Tax 98

Tax 98

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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.