Sat.Aug 17, 2024 - Fri.Aug 23, 2024

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SEC approves tougher rules around auditor 'negligence'

Accounting Today

The commission approved proposals from the PCAOB around contributory liability, the responsibilities of the auditor, and technology-assisted data analysis.

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10 Key Performance Indicators SMB Owners Should Track for Business Growth in 2025

Accounting Department

In the dynamic world of small business, staying ahead means constantly measuring and optimizing performance. That's where Key Performance Indicators (KPIs) come in. These metrics help small business owners, entrepreneurs, and startups monitor their progress, identify areas for improvement, and make data-driven decisions. In this blog post, we'll explore the top 10 KPIs every SMB owner should track for sustained growth in 2025.

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How Kiwi Skips is shaking up New Zealand’s recycling industry

Xero

“I kept seeing a lot of useful material getting thrown out to the landfill, construction waste mainly, things like metal, wood, plasterboard and concrete which are all reusable with a little work,” says Dan Butterfield, owner of Kiwi Skips , a New Zealand-based on-demand skip hire company committed to sustainable waste management. “Watching it all go to waste felt wrong – but it was pretty easy to fix.

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How to become a prompt engineer

Intuit

Prompt engineers specialize in making the most of artificial intelligence (AI) platforms. These professionals understand the ins and outs of how AI platforms think, designing the most efficient prompts for achieving desired results. Prompting roles appear to have a promising future, too. The global prompt engineering market size is projected to grow at a compound annual growth rate (CAGR) of nearly 33% from 2024 to 2030.

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4 Things Great Companies Do to Improve Cash Flow

Speaker: Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

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EisnerAmper adds Krost CPAs

Accounting Today

EisnerAmper, a Top 25 Firm based in New York, is adding the partners and colleagues of Krost CPAs, a Top 100 Firm based in the Los Angeles area, in a combination expected to close in September.

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Clients Can Have Peace of Mind with Rewind

Accounting Department

Since its establishment in 2015, Rewind has been dedicated to empowering businesses to safeguard their valuable SaaS and cloud data. With an impressive customer base of over 100,000 across 100 countries, Rewind's highly acclaimed apps and unwavering support have become the go-to solution for ensuring the uninterrupted operation of software-as-a-service applications.

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How to become a prompt engineer

Intuit

Prompt engineers specialize in making the most of artificial intelligence (AI) platforms. These professionals understand the ins and outs of how AI platforms think, designing the most efficient prompts for achieving desired results. Prompting roles appear to have a promising future, too. The global prompt engineering market size is projected to grow at a compound annual growth rate (CAGR) of nearly 33% from 2024 to 2030.

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Unauthorized access of tax returns rebounds, disclosure violations stay low

Accounting Today

In 2023, 125 violation cases of unauthorized access of tax return data were reported, the highest since 2018, but instances of disclosure violations remains low.

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Top 10 Super Useful Add-ons For Drake Software

Ace Cloud Hosting

Drake Software is one of the most widely used tax filing and preparation software for tax professionals and firms. Its intuitive interface simplified functionality, and competitive pricing make it a.

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Tomorrow's QB Talks features Caleb Jenkins, the 2024 ProAdvisor of the Year

Insightful Accountant

Don't miss tomorrow's QB Talks at 2 PM Eastern when Caleb Jenkins, the 2024 ProAdvisor of the Year, will be among several of the 2024 ProAdvisor Award recipients.

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The Financial Leader's Playbook: How To Deliver Insight, Oversight, And Foresight

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

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How to support people with disabilities in the workplace

Intuit

Most companies report that 4 to 7% of their employees have a disability. Odds are, it’s more than that. Businesses are dramatically underestimating the reality of disabilities in the workplace, according to a 2023 Boston Consulting Group (BCG) survey of 28,000 employees across 16 countries. It found that a staggering 25% of employees have a disability or health condition.

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The pros and cons of tax-free tips

Accounting Today

Both presidential candidates have floated it, and there are benefits for both workers and employers — though not always how you'd expect.

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The Role of Credit Management in Ensuring Business Longevity

Enterprise Recovery

Credit management is a vital aspect of financial health for any business, influencing cash flow, profitability, and overall stability. Effective credit management ensures a company can meet its obligations to suppliers, employees, and creditors while maintaining the liquidity necessary for day-to-day operations. Let's explore how strategic credit management can propel your business toward sustained success and stability.

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Tax Changes Upcoming to QuickBooks Online Payroll

Insightful Accountant

By late September or early October, QuickBooks Online Payroll users will begin having their payroll taxes debited with each payroll rather than at the end of a tax period.

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How to Select the Perfect Payments Partner: 7 Keys for Sustainable Growth

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

Join Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms for an informational webinar about how to select the ideal payments provider for your platform! This session highlights the 7 key criteria for assessing payments partners and maximizing the value of your investment. From evaluating technology and business development programs to understanding support and compliance, this webinar will equip you with a comprehensive evaluation framework and strategy for

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The Art of Getting Paid: Avoiding Common Pitfalls in Accounts Receivable

Reconciled Solutions

For small businesses, timely payments are the lifeblood that keeps operations running smoothly. Every day that passes without collecting on outstanding accounts receivable is a. The post The Art of Getting Paid: Avoiding Common Pitfalls in Accounts Receivable appeared first on Reconciled Solutions.

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The 'Security Six' protects tax pros against cyberattacks

Accounting Today

The Internal Revenue Service and its partners have identified half a dozen steps for safeguarding taxpayer information.

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Check kiting definition

Accounting Tools

What is Check Kiting? Check kiting is the deliberate issuance of a check for which there is not sufficient cash to pay the stated amount. This scam requires the use of two banks, where checks are written against a checking account in one bank, and deposited in an account at a second bank. The intent is to defraud the second bank by withdrawing funds from the second bank before it realizes that there are no funds in the originating account.

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Top ProAdvisor Profiles: Sheri Radler and Nikki Mullins

Insightful Accountant

Sheri Radler and Nikki Mullins are our featured Top ProAdvisors this week.

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2024 Annual Trends Survey: Expense Management Insights

Uncover the latest trends in expense management for small and medium-sized businesses. Our 5th Annual Trends Survey reveals that corporate card use is skyrocketing, but expense software isn't keeping up. This mismatch is creating real challenges for finance teams, who now take an average of 14 days to close their books. Travel policies are shifting to accommodate hybrid work, but many companies are struggling with off-tool bookings.

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4 Common Accounting Mistakes Landscaping Businesses Should Avoid

Outsourced Bookeeping

Running a successful landscaping business is all about precision—whether it’s in design, operations, or even accounting. However, while you can control many aspects of your business, bookkeeping and accounting can be particularly challenging. Let’s all agree that accounting and bookkeeping aren’t always at the top of the priority list for landscape business owners who often juggle multiple responsibilities.

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PCAOB ramps up enforcement against auditors

Accounting Today

Enforcement by the Public Company Accounting Oversight Board against auditors in 2024 is off to its fastest start in recent years.

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What does a CPA do?

Accounting Tools

A CPA is a certified public accountant , and is engaged in a number of advisory roles for his or her clients. These roles include the tasks noted below. Of the following activities, the only one that a CPA is specifically certified to do is the audit. All of the other items can be provided by other parties who are not certified public accountants. However, the CPA designation implies a high level of training and expertise, since he or she is required to take a certain amount of continuing profes

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300 Client Consults in Year 1? Learn How and More w/ Max Minsker

Jetpack Workflow

Podcast Summary On this episode of Growing Your Firm, David Cristello interviews Max Minsker , the founder and CEO of Bookmate , a remote accounting firm. Max shares insights into his journey of establishing Bookmate, focusing on tax returns and bookkeeping services. The discussion delves into his unique approach to packaging and pricing, highlighting his atypical path to success in the industry.

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Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

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3 ways investments in technology lead to investments in community

Plooto

Small-to-medium businesses (SMBs) are important cornerstones to both our economy and community. In Canada, businesses with fewer than 100 employees employ nearly 11 million people, and nearly three times as many Canadians work for small businesses than larger ones. The impact of SMBs is similar in the U.S., with small businesses accounting for 99.9% of companies and generating nearly two-thirds of all new jobs.

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Missing tech tycoon was celebrating acquittal before storm hit

Accounting Today

Mike Lynch, who is missing after his yacht sank off Sicily, had only recently fended off a U.S. criminal fraud case over the sale of his company to Hewlett Packard.

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Understanding the FinOps Lifecycle: Inform, Optimize, Operate

finout

What Is Cloud Cost Management? FinOps is gaining importance as the real-time nature of cloud operations changes how organizations manage their resources. Unlike traditional procurement, where purchasing decisions were made over weeks or months, passing the proposal from one department to another, cloud resources can now be acquired in seconds. This flexibility, while being the biggest advantage of the cloud, has created a gap between finance and operations, leading to inefficiencies in managing

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What is AP Automation? The Complete Guide

AvidXchange

Table of Contents: Understanding Accounts Payable | What is AP Automation? | Examples of AP Automation | Advantages of AP Automation Ninety-four percent of accounts payable (AP) professionals would use a tool to automate the most repetitive parts of their job according to our 2023 AP Career Satisfaction Survey. AP automation tools can help them do just that – finance pros leverage technology to make invoice capture, coding, approvals, processing, and payments more efficient.

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Unlock The Power Of The CFO Toolkit

Speaker: Duke Heninger

With the rise of fractional finance roles, many CFOs, FP&A professionals, controllers, and accountants are stepping into independent consulting. The expansion of fractional services presents new opportunities for finance professionals, but many face challenges in navigating this transition, finding it daunting. Whether you’re new to fractional work or refining your approach, this webinar will equip you with a repeatable system for success.

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Dext crowned Small Business App of the Year at the 2024 Xero US Awards

Dext

We’ve been recognized, within the Accounting, bookkeeping and app industries, for delivering outstanding support to small businesses. Dext took home the gold at Xerocon Nashville winning Small Business App of the Year at Xero’s prestigious awards ceremony on 15th August.

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Art of Accounting: The vanishing buyers of small practices

Accounting Today

The shortage of buyers of small practices is because the potential buyers are not qualified to handle a small practice.

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Key Features to Look For in a Credit Management System

oAppsNet

Selecting the right credit management system is crucial for businesses that extend credit to their customers. An adequate system streamlines credit operations, reduces financial risks, and enhances customer relationships. To make an informed choice, businesses must understand the key features to look for in a credit management system. These features ensure the system meets the business’s needs and supports its financial goals.

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Top Remote Accounting Candidates for Hire | August 22, 2024

accountingfly

Top Remote Accounting Candidates This Week Looking for remote accountants? Accountingfly can help! With our ‘ Always-On Recruiting ‘ program, you can access highly skilled and experienced remote accounting candidates with no upfront cost. These are just a few of our top remote accounting candidates this week. Sign up now to receive the full list of top accounting candidates available weekly!

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3 Steps to Successful & Strategic Year-End HR Planning

Year-end can be a hectic time for HR professionals, but with proper planning and organization, you can navigate it smoothly. Learn the main watch outs for year-end HR prep with Paycor’s helpful checklist covering employee data, wage and tax information, and special situations. Ensure compliance and efficiency by downloading today!