Sat.Feb 15, 2025 - Fri.Feb 21, 2025

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State of FinOps 2025

FinOps Foundation

Understand the state of FinOps and data behind the collaborative, real-time cloud financial management discipline.

FinOps 246
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5 Steps to Protect Your Business from Unexpected Accounting Disruptions

Accounting Department

Accounting disruptions can strike without warning. Whether its a provider suddenly shutting down, platform glitches, or other unforeseen issues, these disruptions can leave your business scrambling. With cases like the sudden closure of Bench, which left businesses without their books, its more apparent than ever that entrepreneurs and business owners need a plan to safeguard their financial processes.

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Delivering ‘Done-for-You’ Agentic AI Experiences: Cash Flow Management in Production at Scale for Millions of Business Owners

Intuit

Keeping income and expenses balanced from week to week is a common small business challenge. For many years, Intuit has empowered millions of small business owners with a clear understanding of their cash flow by incorporating future money-in-and-out events, such as upcoming invoices and recurring expenses. Intuit also provides an AI-driven cash flow outlook and recommendations, such as sending invoice reminders on overdue invoices, adding late fees to customers who take a long time to pay, and

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IRS lays off thousands of employees during tax season

Accounting Today

The threatened layoffs of Internal Revenue Service employees appeared to be underway Thursday, with estimates of between 6,000 and 7,000 employees being laid off at the agency in the middle of tax-filing season.

Tax 306
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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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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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5 Essential Software Solutions for Healthcare & Aged Care Organisations in 2025

Compleatable

The healthcare and aged care sectors are under increasing pressure to provide high-quality patient care while managing rising costs, staffing challenges, and strict regulatory requirements. Investing in the right software solutions is no longer optional, its essential for ensuring efficiency, compliance, and patient satisfaction. As we move into 2025, here are five must-have software solutions for UK healthcare and aged care providers. 1.

AP 100
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Unlocking Business Potential: The Benefits of Accounting and Controller Services for Entrepreneurs

Accounting Department

In the fast-paced world of entrepreneurship and business management, the importance of maintaining impeccable financial records cannot be overstated. Accounting and controller services are the backbone of a well-oiled business machine, guiding entrepreneurs toward clarity and strategic growth.

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5 Signs Your Bookkeeping Business Isn’t Prepared For An Emergency (And How To Fix It)

The Successful Bookkeeper

As a solo bookkeeper, your business depends entirely on you. But what happens if you suddenly cant work due to an emergency? Whether its an unexpected illness, a family crisis, or another unforeseen event, your businessand your clientscould be left in limbo.

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The 60-Day AP Automation Challenge: How to Go from Chaos to Control

Ascend Software blog

If your finance team is overwhelmed with invoices, constantly chasing approvals, and dealing with late payments, youre not alone. According to Ardent Partners State of ePayables Report, nearly 60% of businesses still rely on manual AP processes, leading to unnecessary delays, missed discounts, and compliance risks.

AP 100
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Accounts Receivable Trends for 2025: Elevate Your Financial Operations

oAppsNet

In the dynamic landscape of 2025, businesses must stay ahead of emerging trends to maintain a competitive edge. Accounts Receivable (AR) management is a critical area where innovation can significantly impact cash flow and operational efficiency. By embracing the latest AR trends, businesses can optimize receivables workflows, reduce manual errors, and gain real-time insights into their financial operations.

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Brandon Bailey puts the power of tech to work in the education industry

Intuit

Check out the inspiring stories of entrepreneurs who participated in the Intuit IDEAS program and are making a difference in their communities. Providing accessible learning experiences for underserved communities Brandon Bailey didnt let a challenging upbringing define his destiny. Instead, he channeled his experiences into creating TutorD , an ed-tech company motivated by a profound belief in the power of culturally relevant educational experiences and tech-integrated learning solutions.

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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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Court lifts injunction on Corporate Transparency Act

Accounting Today

A federal district court in Texas has stayed an injunction that had prevented enforcement of the Corporate Transparency Act and its reporting requirement.

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5 Work-from-Home Tax Deductions

Nolan Accounting Center

Remote work has become a staple for businesses worldwide. While the pendulum in the U.S. is now swinging back to more in-person in-office work, remote work in some form is sure to continue because it works well for many employees and businesses. For remote workers, taking advantage of work-from-home tax deductions is important to have more money left over after taxes that can be saved, invested , or spent.

Tax 78
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How to Raise Rates on Current Clients w/Loren Fogelman

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, host David Cristello welcomes back returning guest Loren Fogelman , a sports psychologist turned business coach specializing in helping accounting professionals. Loren shares her insights on a crucial yet often overlooked topic: raising fees for existing clients. She emphasizes the importance of understanding client hesitations, particularly when they respond with, “I’ll think about it,” suggesting that this often indicates

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How to Terminate a Client Contract Professionally

Enterprise Recovery: Accounts Receivable

Ending a client relationship is never easy, as it often involves navigating complex emotions and potential conflicts. However, handling the situation with professionalism and tact can significantly preserve your reputation and safeguard future business prospects. By approaching the termination with a clear strategy and respectful communication, you demonstrate integrity and reliability, which are highly valued qualities in the business world.

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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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KPMG sees role for AI in sustainability

Accounting Today

AI can help reduce a company's environmental impact through data-driven analytics and optimization, though the energy burden of AI itself remains a challenge.

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Empower your clients and practice with Ignite

Xero

As a Xero partner, youre always looking for ways to help boost your efficiency and better serve your clients. Thats where Ignite comes in our new Xero plan which streamlines the old GST Cashbook and Starter plans. Discover the benefits and pricing of Ignite and see how its already helping partners and their clients across Australia and New Zealand improve insight into their cash flow.

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Salary, Payroll, and Tax Compliance: What Small Businesses in Singapore Need to Know

Counto

Salary, Payroll, and Tax Compliance: What Small Businesses in Singapore Need to Know Managing payroll effectively is crucial for small businesses in Singapore. Ensuring that employees receive their salary on time, meeting tax compliance obligations, and keeping up with CPF contributions may seem complex. However, understanding the process can help business owners stay compliant and avoid penalties. 1.

Payroll 52
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Breaking down Virginia's new CPA requirements: What you need to know

Blake Oliver

Virginia just became the second state to create an alternative CPA pathway. Starting in January 2026 , accountants will have two options: A Bachelor's degree plus 2 years of experience A Master's degree plus 1 year of experience. Either way, you'll need to have an accounting concentration or equivalent , as defined by the Virginia Board of Accountancy.

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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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Tennessee CPAs lobby for licensing changes

Accounting Today

Members of the Tennessee Society of CPAs visited the state capital in Nashville this week to lobby for changes in the licensure and mobility laws.

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What is Reasonable Accommodation in the Workplace?

Fit Small Business

What Is A Reasonable Accommodation? A reasonable accommodation is any workplace adjustment or modification that allows an employee with a disability equal opportunity in recruitment, hiring, compensation, benefits, training, job changes, and separation. Reasonable accommodations are a significant aspect of the Americans with Disabilities Act (ADA), a federal law prohibiting discrimination against employees with disabilities.

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Singapore Budget 2025: Key Benefits for Small Businesses

Counto

Singapore Budget 2025: Key Benefits for Small Businesses The Singapore Budget 2025, presented by Prime Minister Lawrence Wong on February 18, brings welcome relief for small businesses facing rising costs while also providing support for long-term growth. As your accounting partner, we’ve analysed the key measures that matter most to small business owners.

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Top Remote Accounting Candidates for Hire | February 20, 2025

accountingfly

Top Remote Candidates This Week Are you in need of remote accountants? Accountingfly can assist you! Our ‘ Always-On Recruiting ‘ program allows you to connect with highly skilled and experienced remote accounting candidates without any upfront costs. Here are some of this week’s top remote tax and accounting candidates. Sign up now to receive the full list of available top accounting candidates on a weekly basis!

CPA 52
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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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IRS plans to fire thousands by mail

Accounting Today

A technical glitch prevented Internal Revenue Service officials from notifying laid-off employees by email, so the IRS will be sending them letters, instead.

Tax 274
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What Is an Applicable Federal Rate (AFR)?

Fit Small Business

An applicable federal rate, also commonly known as an “AFR,” is the minimum interest rate required of a private loan. It is enforced and designated by the IRS and applies to loans with an interest rate lower than the tax rate if the loan is considered income. There are differing AFRs assigned to various loan. The post What Is an Applicable Federal Rate (AFR)?

Tax 52
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Bill Payment Fraud: How to Protect Your Business from Scams and Unauthorised Transactions

Counto

Bill Payment Fraud: How to Protect Your Business from Scams and Unauthorised Transactions Bill payment fraud is a growing threat to small businesses in Singapore. Scammers are becoming more sophisticated, using phishing emails, fake invoices, and unauthorised transactions to exploit vulnerabilities in payment processes. If not addressed, fraudulent activities can lead to significant financial losses, operational disruptions, and reputational damage.

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Top 7 Free Expense Tracking Software to Manage Finances with Ease

Invoicera

Manually processing expense reports isn’t just time-consumingits expensive. Research by GBTA reveals that manual expense report processing brings total expenses to $58 per report, while every fifth wrong report requires $52 to correct. These inefficiencies multiply into substantial drains of time and resources. Small business management depends heavily on financial tracking, yet traditional monitoring creates problems with both budgeting and financial control.

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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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Inside Form 6765 for the R&D Credit

Accounting Today

Major changes are afoot for companies that want to claim the research tax credit.

Tax 251
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Accrued Revenue: Definition, Examples, and How to Record It

Billing Platform

Accrued revenue is a cornerstone of accrual accounting, playing a vital role in accurately reflecting a company’s financial performance. For businesses operating in dynamic industries, understanding the concept is essential for aligning with Generally Accepted Accounting Principles (GAAP) and maintaining transparency with stakeholders. This article explores the meaning, examples, and importance of accrued revenue, while comparing it with deferred revenue and accounts receivable.

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How Bill Payments Impact Business Credit Scores: A Guide for SMEs

Counto

How Bill Payments Impact Business Credit Scores: A Guide for SMEs For small businesses in Singapore, maintaining a strong business credit score is essential. This score determines your ability to secure financing, negotiate favourable payment terms, and build credibility with suppliers. One of the most significant factors influencing your credit score?

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Tax Practitioners Face New Landscape as IRS Cuts Staff, Intensifies EITC Reviews

Insightful Accountant

Tax practitioners are bracing for significant operational changes at the IRS as the agency prepares for both staffing reductions and increased enforcement focus during the current filing season.

Tax 59
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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.