Sat.Nov 16, 2024 - Fri.Nov 22, 2024

article thumbnail

TIGTA celebrates 25th anniversary

Accounting Today

The Treasury Inspector General for Tax Administration has launched a social media campaign, even as the Senate is vetting its next head.

Tax 289
article thumbnail

Cooking up success with Intuit’s Food Truck program

Intuit

Seasoned Chef brings flavor and heat to Morse High School Award-winning culinary entrepreneur, Chef Phillip Esteban, recently visited his alma mater, Morse High School. As part of the Intuit Food Truck Program, he met with culinary students and shared his experience working in the food industry. Esteban’s journey began when he graduated from Morse High School in 2000.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Narrowing in on 2025 with Driver-Based Budgeting & NetSuite

Accounting Department

Driver-based planning is a type of management that zeros in on a company's key value drivers and key business drivers. It helps create budgeting and business plans based on these factors. The goal of this type of planning is to center on the factors that are important to fueling success. Mathematical models can be created to project business. Driver-based planning is helpful for finance executives when they are planning long-range strategic strategies.

Budgeting 196
article thumbnail

Streamline tax time: Xero now supports partnership tax in the UK

Xero

We’re excited to announce that partnership tax has arrived in Xero Tax. You can now manage most of your clients’ tax needs – corporate, personal, and ordinary partnerships – in one simple, secure platform. No more juggling multiple tools or battling complicated software. By managing partnership tax in Xero, you can remove some of the stress around tax time for your practice and your clients.

XERO 161
article thumbnail

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

article thumbnail

PCAOB adopts far-reaching metrics and reporting standards

Accounting Today

The Public Company Accounting Oversight Board voted to adopt new requirements to report on various metrics for the firm and its engagements.

article thumbnail

FinOps X Europe 2024 – Day 1 Keynote

FinOps Foundation

Key Insight: The practice of FinOps continues to evolve around several key themes that all point to its deeper integration into existing processes, business frameworks, and technology environments. Across the globe from the Americas, to Europe, and to Asia, FinOps is shaping up to be the driver of value realization for all kinds of organizations. The FinOps Foundation was thrilled to bring FinOps X to Europe this year, where we found a community eager to engage with and learn from each other.

FinOps 130

More Trending

article thumbnail

Setting Up an Accounts Payable Policy and Procedures Manual

Fidesic blog

Accounts payable is a roller coaster… Ok, maybe it’s not quite that exciting, but it’s not the wet blanket that some people think it is (looking at you sales team). Those of us who work in AP everyday know how volatile it can be and the dangers that a poorly managed accounts payable process can pose. With that in mind, this post will offer up some tips and best practices to create a killer accounts payable procedures policy handbook.

article thumbnail

New PwC assurance leader works to improve audits

Accounting Today

PricewaterhouseCoopers has been focusing on auditing under a new PwC US assurance leader, Deanna Byrne, who began the job in July.

Auditing 278
article thumbnail

A career defined by purpose—one employee’s journey

Intuit

The benefits of returning to a former workforce is a hot topic. And intuitively, it makes sense for employees to fit into a team and culture that are familiar to them. But for Amit Raj, the decision to return to Intuit was not based solely on the prospect of career growth. Rather, his choice was fueled by a deep-seated purpose as he considered several critical factors: Am I inspired by Intuit’s tech path and culture?

article thumbnail

The truth about bank feeds: Busting the top three myths

Xero

Bank feeds have transformed how small businesses manage their bookkeeping. Gone are the days of manually comparing bank statements with accounting records. Today, with cloud accounting, you can securely and automatically import bank transaction data and easily reconcile it, so you have a single, up-to-date view of your transactions and cash flow. Bank feeds reduce manual admin and automate data entry.

XERO 130
article thumbnail

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.

article thumbnail

Fidesic’s Latest Update Streamlines Setup for Multi-Entity Companies

Fidesic blog

Companies using Fidesic AP Service Suite now have a simpler and more cost effective way to enable more users and locations to approve invoices with the release of its new “Approver” user level and single environment pricing for multi-entity companies.

AP 130
article thumbnail

Board members need more audit and finance skills

Accounting Today

Audit and finance skills are heavily in demand on corporate boards, according to a survey by BDO.

Auditing 282
article thumbnail

Why Some AP Automation Solutions Fail: Key Challenges & Pitfalls

Ascend Software blog

Accounts payable (AP) automation has the potential to revolutionize financial operations, driving efficiency, accuracy, and cost savings. However, despite the many advantages of automating AP processes, not all implementations are successful. Several factors can cause AP automation solutions to fail or fall short of expectations. Understanding these common challenges can help organizations avoid costly mistakes and ensure a smoother, more effective transition to automated AP.

AP 100
article thumbnail

5 Accounts Receivable Collection Mistakes You Should Avoid

Gaviti

Many businesses underestimate the importance of their accounts receivable (A/R) process, assuming they’ll “get paid eventually.” This mindset often leads to underinvestment in collections efforts, and when budget cuts are necessary, accounting departments like collections are typically the first affected. However, maintaining a steady cash flow is essential for business survival, and efficient collections directly impact the bottom line.

article thumbnail

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.

article thumbnail

Fidesic’s Latest Update Streamlines Setup for Multi-Entity Companies

Fidesic blog

Companies using Fidesic AP Service Suite now have a simpler and more cost effective way to enable more users and locations to approve invoices with the release of its new “Approver” user level and single environment pricing for multi-entity companies.

AP 130
article thumbnail

Audit committees boost cyber, ESG expertise

Accounting Today

Audit committees are bringing on more directors with experience in cybersecurity and sustainability, according to a new survey.

Auditing 277
article thumbnail

BankUnited Business Checking Review

Fit Small Business

BankUnited provides decent business checking products for organizations that generate a low to moderate monthly transaction volume. There are two types of regular checking accounts: A $12-per-month basic account with 150 free monthly transactions and a monthly cash processing allowance of $10,000. A $20-per-month premium account with 300 free monthly transactions and a monthly cash.

article thumbnail

5 Common Challenges Faced by A/R Teams That Can Be Overcome Through Automation

Gaviti

Automation delivers finance departments many benefits, including accurate predictions and insights related to revenue and sales so that CFOs and their teams can make better business decisions. Despite this, automation in accounts receivable has met its fair share of skepticism from business leaders worldwide. Some of the main concerns include change management and employee adaptability to new technologies, adherence to compliance, how easily the automation technology integrates with other financ

article thumbnail

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.

article thumbnail

The Practice of Now: The Practice of Now: How 1000 Accountants & Bookkeepers Are Going From Good To Great

The Successful Bookkeeper

Like most professions in recent years, accounting and bookkeeping are going through extraordinary change. We, at Sage, surveyed 1000 accountants and bookkeepers across six countries to understand what they’re feeling, their challenges, and how they plan to thrive in the immediate future.

article thumbnail

Gen AI speeds software development, heats up competition

Accounting Today

Accounting software development cycles will accelerate with generative AI, but so will competitive pressures.

article thumbnail

EverBank Business Checking Review

Fit Small Business

EverBank (formerly TIAA Bank) is an excellent choice if you’re looking for a bank with various interest-earning checking options. You can choose among five EverBank business checking accounts. All of which earn interest on all balances except for the entry-level Business Checking product. In addition, the bank also offers full-service banking products and services, including.

article thumbnail

Nov 18, Quarterly Interest Rates Announced

Bookkeeping Essentials

CRA and IRS interest rates for corporate loans to shareholders, installment sales, under and over payment of taxes

Tax 98
article thumbnail

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

article thumbnail

Behind the Scenes of a Private Equity Backed Accounting Firm w/Tim Brackney

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, host David Cristello welcomes Tim Brackney , the Chief Executive Officer of Springline Advisory , a firm backed by private equity. They delve into the philosophy of utilizing talent from small firms to enhance shared services, while also discussing the complexities and nuances of private equity in the industry.

CPA 59
article thumbnail

Jackson Hewitt looks to hire thousands for tax season

Accounting Today

The tax prep giant is once again looking to bring on close to 20,000 seasonal workers.

Tax 295
article thumbnail

FundThrough Ranked Number 415 Fastest-Growing Company in North America on the 2024 Deloitte Technology Fast 500™

FundThrough

Attributes 263% Revenue Growth to supporting small businesses with consistent cash flow to survive the COVID-19 pandemic and thrive in the years following. Toronto, Ontario, November 21, 2024 — FundThrough today announced it ranked 415 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech […] The post FundThrough Ranked Number 415 Fastest-Growing Company in North America on the 2024 Deloitte

59
article thumbnail

How Changing AI is Transforming Fraud Detection and Prevention

oAppsNet

Artificial Intelligence (AI) is evolving rapidly, revolutionizing how industries operate, and the fraud detection landscape is no exception. With the increasing sophistication of fraud tactics, traditional systems have struggled to keep up. But with AI’s ability to learn, adapt, and analyze massive datasets in real time, organizations are starting to turn the tide against fraudulent activity.

article thumbnail

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.

article thumbnail

Holistic Hiring: Closing the Gaps in Your Recruitment Strategy

Insightful Accountant

You can earn CPE Credits while you learn from Michelle LeBlanc and Keely Collins Pate about how recruiting top talent in finance and tax is more competitive than ever. This webinar explores how to approach hiring holistically.

Tax 52
article thumbnail

Private equity isn't a silver bullet

Accounting Today

PE brings a lot to accounting, but it's not for everyone, say experts at Accounting Today's PE Summit.

article thumbnail

How to Incorporate a Restaurant Business in Singapore: A Step-by-Step Guide

Counto

How to Incorporate a Restaurant Business in Singapore: A Step-by-Step Guide Incorporating a restaurant business in Singapore is an exciting venture, but it requires navigating several legal steps and regulatory requirements. Whether you are a local or foreign entrepreneur, understanding the process of registering a business and obtaining the necessary licenses is crucial.

article thumbnail

QuickBooks Bill Pay Review & Pricing

Fit Small Business

QuickBooks Bill Pay is an accounts payable (A/P) automation tool within QuickBooks Online. It allows you to send checks and ACH payments to vendors, and your vendors can accept the payments without enrolling in QuickBooks Bill Pay. I find it similar to other online bill pay services like BILL and Melio, but QuickBooks Bill Pay. The post QuickBooks Bill Pay Review & Pricing appeared first on Fit Small Business.

Billing 52
article thumbnail

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.