Sat.Jun 15, 2024 - Fri.Jun 21, 2024

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Balancing crypto's volatility with fair value accounting principles

Accounting Today

The unpredictable nature of digital assets stands out as both a defining characteristic and a significant challenge for investors and accounting professionals alike.

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Intuit expands IDEAS Program

Intuit

In partnership with the Los Angeles Urban League, we announced the expansion of the Intuit IDEAS (Invest, Develop, Empower, Accelerate, and Scale) Program. The program, which began as a pilot in Los Angeles, will now expand to a total of 100 small business owners; applications for the three cities are now open in Atlanta , Los Angeles and Philadelphia.

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AccountingDepartment.com Awarded Inc. Best Workplaces 2024 Recognition

Accounting Department

We are thrilled to share that AccountingDepartment.com has been selected for inclusion in the Inc. Best Workplaces list, for the third year in a row! This recognition in 2024 highlights the success of the workplace environment we have cultivated over the last 20 years. We are grateful for the privilege of being acknowledged as an Inc. Best Workplace for the last 3 years now, and we extend our appreciation to our entire staff, who make it such a wonderful place to be every day.

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App partner stories: Keeping the wheels of Australia turning

Xero

This guest blog was written by the team behind transport management app MyTrucking. The powerhouse of regional Australia sits in part with its farming, mining and construction industries. The thousands of communities and family-owned small businesses in these sectors around the country help keep the wheels of Australia turning. One such family-owned business has been on the tools since 2009.

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SaaS Evolution: The Critical Role of Embedded Finance

Speaker: Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms

Join us for an exclusive webinar hosted by Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms, where he’ll explore the significant impact of embedded finance on the software industry! This session is designed to provide you with the strategic insights needed to navigate the future of SaaS successfully, all while gaining a deeper understanding of how these trends can enhance your competitive edge, boost revenue, and deepen customer loyalty.

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IRS will resume paying ERC claims slowly to safeguard against fraud

Accounting Today

The Internal Revenue Service plans to begin slowly paying some of its older claims for the fraud-plagued Employee Retention Credit this summer but is not lifting its moratorium.

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AccountsIQ Online Partnership Launch Event

Compleatable

As we launch our partnership with AccountsIQ, have the opportunity to learn about why their solution is perfect for businesses that are outgrowing their finance system. Short demo included! The post AccountsIQ Online Partnership Launch Event first appeared on Compleat Software.

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Mastering pricing and packaging for accounting and bookkeeping services

Xero

As a business owner, would you be happy or sad if you got a hundred new clients tomorrow? Getting more business sounds exciting, but can be daunting if bookkeeping and accountancy practices aren’t set up to scale effectively. There is a slow but steady shift towards value-based pricing, rather than traditional hourly billing. If you want to adopt a pricing model based on the value you offer and the outcomes you deliver, where do you start?

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IRS cracks down on basis shifting by partnerships

Accounting Today

The Internal Revenue Service is targeting the use of basis shifting between related parties as a way for partnerships to avoid paying taxes, setting up a new unit within the Office of Chief Counsel to develop guidance aimed at closing tax loopholes.

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Internal mobility can enhance skill development—if companies get it right

Intuit

In 2022, a study by Lever found that 25% of millennials want their leaders to prioritize internal mobility and 38% of Gen Z want their leaders to prioritize flexibility. So, how can organizations better support internal mobility to meet their employees where they are, and enhance retention and satisfaction? In the same vein, LinkedIn’s Workplace Learning Report 2024 tells us only 1 in 5 employees feel confident about their ability to transition internally.

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Fidesic AP Suite Introduces New Healthcare Invoice Data Capture for D365 Business Central

Fidesic blog

It’s now easier for Healthcare Accounting Professionals using D356 Business Central to install and get started with advanced Accounts Payable Automation.

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How to Easily Navigate Crypto Accounting in the Web3 Era

Speaker: Aaron Jacob, VP of Accounting Solutions & Reagan Cook, GTM Lead

Are you struggling to navigate the complexities and challenges that come with crypto accounting? 🤔 This new webinar will cover everything businesses need to know to get started with crypto accounting after incorporating crypto into their business models! Industry experts Aaron Jacob and Reagan Cook of TaxBit will thoroughly explore the prevalent operational hurdles encountered by accounting teams when interacting with crypto on the books, and detail how software solutions can effectively

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[Expert Opinion] How to Attract Accounting Clients in 2024

Ace Cloud Hosting

In accounting world the key to success is attracting and retaining clients. Effective accounting marketing strategies can enhance visibility and build healthy client relationships, helping firms build long-term success in.

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Fixing the pipeline problem

Accounting Today

The National Pipeline Advisory Group's recommendations cover a wide range of ways to attract more people to the profession, and Jennifer Wilson walks us through what everyone can do to help.

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The most asked questions about Cevinio Autonomous AP Invoice Processing 

Cevinio

Explore the benefits of Cevinio Autonomous AP Invoice Processing for your business. We answer the most asked questions about our AI-driven.

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2025 ProAdvisor Awards - Advantages of Self-nomination

Insightful Accountant

Some ProAdvisors feel odd about nominating themselves, you really shouldn't. more than 70% of those achieving award status in our 2024 process were self-nominees. Murph tells you the advantages of self-nomination in today's feature.

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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

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15 Accounting Podcast That You Can Listen To At Home

Ace Cloud Hosting

In an era, where staying at home has become the norm, finding productive and engaging ways to spend your time is more important than ever. Podcasts have become popular as.

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IRS drafts revised Research Credit form

Accounting Today

The Internal Revenue Service released a revised draft version of Form 6765, the Credit for Increasing Research Activities, in response to feedback.

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Thriving Amidst the Accounting Talent Crunch: Strategies for Employers and Job Seekers

accountingfly

“The accounting profession is not going to die. It’s not going to wither on the vine. There is lots of talent out there, and there are options and hope.” The accounting industry is facing a talent shortage, which is affecting both employers and job seekers. However, in a recent Accounting Talent Podcast discussing the reasons for the talent shortage , Jeff Phillips, the CEO of Padgett and Co-Founder of Accountingfly, sheds light on actionable insights to help both parties navigate this challenge

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The IRS’ New Use of AI

Insightful Accountant

The IRS is turning to AI to help select tax returns for audits, aiming to narrow the tax gap. A recent GAO report emphasizes the need for consistent and transparent use of this technology.

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The Definitive Guide to Spend Management

The status quo for AP in small and mid-market companies is broken. It consists of messy tech stacks of siloed solutions that give rise to manual work, a lack of control, wasted spend, and unnecessary risks. The benefits of shifting to spend management are tangible, measurable, and are felt across the whole organization. Spend management is a different way of thinking and an innovation whose time has come.

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Jun 19, Sample Financial Reports Using QuickBooks® | Bookkeeping Reports

Bookkeeping Essentials

Sample financial reports because sometimes a picture is better than words. for those who learn by seeing. These bookkeeping reports are a reference point for producing your own financial statements.

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IRS relaxes R&D tax credit refund claim requirements

Accounting Today

The Internal Revenue Service is easing the rules for claiming a tax refund tied to a claim for the research and development tax credit.

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The SEC internship that changed everything for one aspiring accountant

Blake Oliver

Who knew that watching the TV show Suits could lead to a life-changing internship at the SEC? For Cody Turley, that's exactly what happened, and it was just the beginning of a wild ride through the world of forensic accounting. In this episode of The Accounting Podcast , Cody shares his fascinating journey, from an SEC internship to leading a forensic accounting team in his mid-20s in Arizona to investigating Ponzi schemes for the federal government.

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Scaling New Heights 2025 Announced

Insightful Accountant

The final day of Scaling New Heights has always brought with it the announcement of the following year's event, and this year was no different.

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Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

Speaker: Carolina Aponte - Owner and CEO, Caja Holdings LLC

In today's rapidly changing business environment, building a resilient balance sheet is crucial to the survival of any business. A resilient balance sheet allows a company to withstand financial shocks and adapt to changing market conditions. To achieve this, companies need to focus on key strategies such as maintaining adequate liquidity, managing debt levels, diversifying revenue streams, and prioritizing profitability over growth.

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Jun 18, Common Audit Issues | Focus On Bookkeeping

Bookkeeping Essentials

Focus on Bookkeeping takes a look at the IRS audit techniques for cash businesses, Canadian sales tax common audit issues and examines my research on U.S. and Canadian payroll tax audit issues.

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The 20 best states to be rich

Accounting Today

Residents with high earnings in these 20 states get a bigger break on their taxes, paying a smaller percentage of their income.

Tax 330
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AWS’ debut to FinOps X: recap and product announcement highlights

AWS FinOps

Excitement filled the air, as James Greenfield, VP of AWS Commerce Platform, took the stage at 2024 FinOps X in San Diego. This is our first time attending the conference as a member of the FinOps Foundation. James, John Phillips, General Manager of AWS Cloud Financial Management engineering and product management, together with several product leaders and experts, were present at the conference to help customers mature FinOps practices and learn from the brightest minds in the industry.

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Scaling New Heights Opens with Noted Physicist

Insightful Accountant

The Opening Keynote for Scaling New Height was highlighted with a presentation from Dr. Michio Kaku, Theoretical Physicist and Renowned Futurist.

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Putting the ‘Tech’ in Spend Management Techniques

Speaker: Wayne Spivak, President and CFO of SBA * Consulting Ltd., Industry Writer, Public Speaker

If you’re lost in the world of spend management needs and your GAP analysis is lacking perspective on the future state of your business performance, listen up! With the advancement of technology, the implementation of spend management best practices and concrete GAP analyses is more streamlined and accessible than ever before. And while this may sound like great news for you and your clients, it won’t be worthwhile unless you have the latest techniques to back up your ambitions!

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Product cost definition

Accounting Tools

What is a Product Cost? Product cost refers to the costs incurred to create a product. This cost can be used in several ways, either to report on the financial results of a business, or to make decisions about the viability of a product. Consequently, the accumulation of product costs forms a key element not only of an organization’s financial reporting, but also its management decision-making.

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Burnout epidemic, a wake-up call for the accounting profession

Accounting Today

We've been talking about the burnout crisis for decades, but the talk needs to turn into action.

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QuickBooks Cloud Accounting: What Are the Options for Accessing QuickBooks Virtually? (Blog Series Part 2)

Ace Cloud Hosting

Welcome to the second installment of our blog series on “QuickBooks Cloud Accounting.” In the previous blog, we explored “What QuickBooks Cloud Accounting Is and Why It is Needed” In.

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2025 ProAdvisor Awards are becoming Year Round

Insightful Accountant

For 2025, the Insightful Accountant ProAdvisor Awards are becoming a year-round process. So look for them to begin in the upcoming days.

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Book of Secrets for the Month-End Close

Developing a consistent month-end close doesn’t need to be a mystery. We’re sharing our top 10 secrets (plus one bonus!) for streamlining your close.