Wed.May 31, 2023

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Flood Insurance Requirements for Banks: Are You Following the Updated Guidelines?

Anders CPA

To comply with flood insurance regulations, banks and other financial institutions should familiarize themselves with the expanded FAQs that were released in May 2022. The latest guidelines replace the previous FAQs that were originally issued in 1997 and aim to add more clarity for lenders surrounding several issues that have evolved over the years.

CPA 52
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Acterys Licenses xP&A Technology to Microsoft: Revolutionizing Planning & Analytics Integration with Dynamics 365

Acterys

Acterys, a global provider of next generation planning and analytics solutions, has signed a significant licensing agreement with Microsoft to include Acterys’s xP&A technology with Microsoft’s Dynamics 365 xP&A offering. The Acterys xP&A (eXtended planning & analytics) Suite seamlessly integrates and combines information from multiple sources, storing it in a cloud-based repository.

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Gen Xers Just Aren’t Stashing Enough Money for Retirement

CPA Practice

By Vaishali Varu, Kiplinger Consumer News Service (TNS) Gen Xers—the generation of people born roughly between the mid-1960s and the early 1980s—are inching toward retirement. Those at the upper end of the scale are close to 60, but are they saving enough for their old age? When asked, most Gen Xers said they plan to retire at the age of 63, which doesn’t leave long for older Gen Xers to stash the retirement cash.

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KPMG Gets Sued, Accused of Allowing Pirate-Like Activity at Credit Suisse

Going Concern

Discountenanced Credit Suisse stockholder Gregory Stevenson is suing 29 of Credit Suisse’s current and former directors and officers, the bank’s ex-auditor KPMG, and various KPMG henchmen on behalf of investors alleging the firm looked the other way while aforementioned directors and officers plundered the bank for more than a decade. The docket number is No. 1:23-cv-04458 in Southern District of New York ( Stevenson v.

audit 109
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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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Gen Z is Missing Out on These Two Money-Making Opportunities

CPA Practice

By Erin Bendig, Kiplinger Consumer News Service (TNS) Among Gen Z, cash is booming. Following a period of sustained inflation, rising interest rates and market volatility, cash usage among Gen Z is on the rise. However, by using so much physical cash, Gen Z is missing out on two big money-making opportunities. Firstly, they could be using a rewards credit card that pays them to spend and which can be highly profitable if used sensibly.

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Six Steps to Less Work and More Life with Ryan Lazanis

Canopy Accounting

Ryan Lazanis, CPA and founder of Future Firm shares his unique 6-Step blueprint to a modern firm that increases your freedom and improves your lifestyle.

CPA 98

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How are your customers feeling?

Xero

With the cost of living continuing to rise, putting pressure on many households, it’s timely for small business owners to think about consumer confidence. Consumer confidence is an important economic indicator for small businesses that mainly sell to households, because “consumers” is really just another word for your “customers” Looking at the most recent figures, the OECD Consumer Confidence Index remains below 100 in Australia, Canada, New Zealand, South Africa, the

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Accounting Thought Leaders to Meet During AICPA ENGAGE Conference

CPA Practice

More than 30 of the accounting profession’s most respected thought leaders and influencers will gather and participate in round table discussions and breakout sessions in advance of the AICPA ENGAGE conference. Hosted by CPA Practice Advisor editor-in-chief Gail Perry, CPA, the event will be the first time the 40 Under 40 honorees and participants of the annual Thought Leader Symposium will come together, engaging on issues critical to the profession.

Account 98
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Leadership Effectiveness

Withum

In a friend’s early career, he was promoted to be a manager. Eventually, he rose to manage a group of almost 200 people. His first promotion was a significant increase in his professional status, but he never had any training in this. He was an engineer and very proficient in what he did, was well-liked, and was evidently fully knowledgeable about the company’s vision and mission.

Tax 59
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Unlocking Your CAS Potential: Strategies for Facing Challenges Head-On

CPA Practice

Like the many colors and textures of a tapestry, a CAS practice is a dynamic and ever-evolving landscape that brings its unique set of challenges. As practitioners, we must continuously adapt, evolve, and learn to ensure our practices remain successful and serve our clients effectively. Let’s explore the biggest challenges in today’s CAS practices and discuss practical solutions to help you overcome them , enabling you to achieve greater heights in your career.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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Karla Uribe is Intuit's New Director of Product Management, Partners Segment

Insightful Accountant

Intuit QuickBooks has welcomed Karla Uribe as the New Director of Product Management, Partners Segment for the accountant community.

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California Construction Company Owner Guilty of Employment Tax Crimes

CPA Practice

A California man was sentenced in late May to 12 months in prison for willfully failing to account for and pay over employment taxes. According to court documents and statements made in court, Larry Kudsk of Berkeley, California, operated two construction businesses, Kudsk Construction, Inc., and M. Gutierrez, Inc. These companies served as general contractors or subcontractors, including on some government projects.

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Finding the Right Bookkeeper for Your Business

MazumaBusinessAccounting

Are you looking for reliable bookkeeping services for your business? Like many business owners, you may not know where to start. When you are passionate about your business but the numbers are overwhelming and challenging for you, competent and professional bookkeeping services can easily take care of the dollars and cents on your behalf. If you would like to be truly profitable and successful, you have to keep tabs on your business finances.

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Promotion Watch ’23: The Baker Tilly Partner Bench Is Now 44 People Deeper

Going Concern

Tomorrow, 44 people will ascend to partner status at Baker Tilly, a slight decrease from last year’s record partner class of 46. There is, naturally, a press release and a quote from Jeff Ferro who stepped into the chairman shoes in March when Alan Whitman abruptly left his post. “Our incoming partners inspire our team members with their passion for our profession and deep commitment to our mission,” said Baker Tilly CEO Jeffrey Ferro.

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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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Ignition announces 2023 Top 50 Women in Accounting

Accounting Insight

Awards recognize 50 exceptional women who are changemakers in the accounting industry Fifty i nspiring women from across the globe have been recognized in Ignition’s 2023 Women in Accounting awards. Now in its sixth year, the awards celebrate women who are at the forefront of driving change, innovation and creating a more diverse and inclusive industry.

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RCReports Releases New Entity Selection Planning Tool

Insightful Accountant

The vehicle will help simplify Entity Selection Planning for accounting and tax professionals.

Tax 52
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Bipartisan Bill in Ohio Would Legalize Recreational Marijuana

CPA Practice

By Laura Hancock – cleveland.com (via TNS). A bipartisan pair of Northeast Ohio lawmakers is sponsoring a bill that would legalize recreational marijuana, including allowing up to six cannabis plants to be grown per household. House Bill 168 , called the Adult Use Act, is awaiting its first committee hearing in the Ohio House Finance Committee. The bill – sponsored by Reps.

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