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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Fidesic AP to Launch Fido Magazine

Fidesic blog

The inaugural issue of Fido Magazine will be available in print with articles geared toward the Microsoft Dynamics Community.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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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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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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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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Fidesic AP to Launch Fido Magazine

Fidesic blog

The inaugural issue of Fido Magazine will be available in print with articles geared toward the Microsoft Dynamics Community.

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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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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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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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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.

Tax 321
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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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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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Building a Business Case for Finance Automation

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

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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 IRS teams up to fight scams

Accounting Today

A new coalition of tax authorities, industry groups and others is combining to stop tax-related schemes.

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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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Patient Access: The Cornerstone of Healthcare Success

RevCycle

Patient access, often overlooked as a mere administrative function, is the linchpin that connects patients to care. It encompasses the systems and processes that determine how easily patients can obtain healthcare services, from finding a provider to scheduling appointments and understanding billing. A well-optimized patient access department is crucial for delivering timely, high-quality care, improving patient satisfaction, and driving financial success.

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Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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How to become a data engineer

Intuit

Data engineer job opportunities will increase by 21% from 2018 to 2028. This staggering growth has many job seekers asking how to become a data engineer. In this guide, we’ll define the role of a data engineer, detail the steps it takes to become one, and provide helpful tips to steer you in the right direction. Who knows? By the time you’re done reading, you may have chosen a new career path.

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Tax Fraud Blotter: No class

Accounting Today

Pushing 100 notices; nothing but the tooth; checking out; and other highlights of recent tax cases.

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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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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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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

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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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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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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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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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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

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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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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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Xero Now Does Bank Reconciliations!

Cloud Accounting Podcast

Blake and David leap into the latest updates from Xerocon, including new features like traditional bank reconciliations, embedded bill pay with Bill.com, and AI capabilities through JAX (Just Ask Xero). They look at Xero's strategy to double its US market share and how it compares to Intuit's mid-market growth focus. They also touch on the potential impact of QuickBooks' pricing strategy and Blake shares highlights from an EDM festival in Nashville to wrap things up.

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Intuit Reports Strong Fourth Quarter and Full Year Results

Insightful Accountant

Intuit's full-year revenue grew 13 percent, Small Business and Self-Employed Group revenue grew 19 percent

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Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.