Accounting Today

MAY 8, 2024

Here are some suggestions to help you take your job, your career — and our profession — to the next level.

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accounting careers Account accountant accounted 130

Acterys

MAY 8, 2024

Acterys’ esteemed Italian partner, Bi Factory , recently hosted the “Next Generation FP&A” workshop on April 11, 2024. This event was specifically arranged for Italian organizations aiming to refine their planning and analytics processes. Featuring profound insights from industry experts at Bi Factory, including Franco Perduca (CEO and CTO), Sara Bozzo (CEO and Team Lead), and Walter Gabetta (Head of Global Business Relationship), the workshop attracted numerous companies a

Technology 130

Technology Legal audit Government 130

CPA Practice

MAY 8, 2024

By Dr. Sangeeta Chhabra There is no question about how CPAs have evolved in their role over the past couple of decades, but what has really been behind it and, more importantly, how do you they get there? As the business world sees a paradigm shift in the form of technological innovations, global operations, and government regulations, traditional roles and responsibilities of professionals are evolving for the better.

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Going Concern

MAY 8, 2024

It’s been a little over a year since Australian Financial Review uncovered a scandal when it peered underneath the rug PwC Australia was trying to hide its dirty business under, a scandal that saw a trusted partner using his position on a government tax panel to monetize confidential information that clients could use to get ahead of an upcoming change in tax law.

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Tax Government audit 112

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Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be

accounting and finance

CPA Practice

MAY 8, 2024

Although many small business owners face continued economic uncertainty, their personal drive and long-term aspirations are buoying their optimism. That’s according to data from the third Amex Trendex: Small Business Edition, an annual survey commissioned by American Express. “Small business owners are concerned about issues like pricing and cash flow, but they are overwhelmingly happy that they chose their career path as an entrepreneur, and most intend to be small business owners for the long

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Canopy Accounting

MAY 8, 2024

South Jordan, UT – [May 8, 2024] – Canopy, the firm-wide operating system that helps accountants build the firm they’ve always wanted , is thrilled to announce the successful raising of $35 million in an oversubscribed round. The round was led by Ten Coves Capital and Ankona Capital, with participation from Pelion Venture Partners, Tenaya Capital, and NewView Capital.

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CPA Practice

MAY 8, 2024

By Sarah Lynch, Inc. (TNS) The class of 2024 graduates this month—and soon, many will be swiping in at the office. Full-time salaried employees between the ages of 20 and 24 are less likely to work fully remotely than other age groups, according to a new analysis from the payroll provider Gusto of more than 300,000 small and midsize businesses. These recent graduates are 27 percent less likely to be fully remote than workers in their 30s.

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payroll 98

Insightful Accountant

MAY 8, 2024

In preparation for next week's QB Talks about Finding and Cleaning Up Bad Data, I thought I'd talk about one of my favorite issues. Failure to Balance the Balance Sheet.

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Accounting Today

MAY 8, 2024

The SEC's guidance is a part of a much broader movement as the U.S. strives to catch up with Europe.

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accounted Account accountant 128

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Global business travel is surging, with companies spending as much as or more than they did before the pandemic. This trend is expected to continue, with more growth on the horizon. The types of travelers are also changing, with millennials and Gen Zers taking on the majority of the load. Business travel is evolving, and younger generations expect less hassle, even though there are more ways to book and pay for travel than ever before.

Account

Patriot Software

MAY 8, 2024

In accounting, you deal with a variety of accounts to balance and organize your books. One type of account you will likely run into is a real account. But, what are real accounts exactly? And, how does it differ from other accounts in accounting?

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CTP

MAY 8, 2024

The Tax Cuts and Jobs Acts (TCJA) of 2018 stirred up mixed responses by introducing a $10,000 cap on state and local tax (SALT) deductions for individual taxpayers. However, since the legislation did not include a limit for businesses, the states most impacted by the SALT cap have leveraged this as a workaround for their constituents. This led to the introduction of a pass-through entity (PTE) tax , which allows S corporations, LLCs, partnerships, and sole proprietorships to pay their state tax

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Patriot Software

MAY 8, 2024

Keeping an eye on your business’s finances is oh-so-important if you want your company to thrive and grow. This includes monitoring your financial statements and calculating financial figures, such as total revenue. Get the lowdown on how to calculate total revenue and ways to use it to benefit your business. What is total revenue?

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financial statements Account accountant accounted 90

Withum

MAY 8, 2024

AI, or Artificial Intelligence, has been around for decades and can be defined in one way as the simulation of human intelligence, specifically by machines. The first discussions regarding artificial intelligence originated back in 1956, the first chatbot went live in 1964, and college students were commonly studying this concept by the late 1980`s.

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Hospitality 64

Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and 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

Finance

Patriot Software

MAY 8, 2024

Paying your employees on time is essential, especially because 62% of Americans live paycheck to paycheck. Plus, many state pay frequency requirements regulate when you pay employees. Understand payroll cutoffs to pay your team on time, every time. So, what is a “payroll cutoff?” What is a payroll cutoff?

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payroll 87

SkagitCountyTaxServices

MAY 8, 2024

This is how I often feel about the government’s decision-making with taxes: Q: What’s the difference between death and taxes? A: Congress doesn’t meet every year to make death worse. Honestly, as a small business owner, you most likely feel that pain. Take this for example: The U.S. Department of Labor (DOL) just introduced a new overtime rule. Beginning July 1, salaried workers earning less than 43,888 a year will qualify for 1.5 times pay if they work more than 40 hours a week.

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KROST

MAY 8, 2024

USA TODAY and Statista have named KROST one of America’s Most Recommended Tax Firms 2024! The recent collaboration between USA TODAY and Statista marks the first year the recognition is being presented. Statista conducted extensive research by surveying tax and accounting professionals and their clients. They were asked to recommend up to ten tax or Read the full article.

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Tax Account accounted accountant 67

Withum

MAY 8, 2024

In the context of claims processing for self-insured plans, Third Party Administrators (TPAs) play a critical role in designing internal controls to ensure accuracy and timeliness. However, relying solely on the TPA’s internal control structure may not be sufficient for a plan sponsor. This is where User Entity Controls (UECs) come into play, providing essential oversight to ensure the proper functioning of the system.

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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.

accounting and finance

CPA Practice

MAY 8, 2024

AuditBoard, the leading cloud-based platform transforming audit, risk, compliance, and ESG management, today announced powerful enhancements for its InfoSec Solutions to help organizations meet their IT compliance, cyber risk, and vendor risk management needs in the face of rising risks and increased regulatory requirements. With these new capabilities, including enhanced AI automation, customizable automated workflows, and real-time analytics, teams can better manage and communicate InfoSec ris

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Technology Legal audit Government 59

Accounting Today

MAY 8, 2024

The Top 25 Firm bolstered its business process outsourcing practice with the latest M&A deal.

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CPA Practice

MAY 8, 2024

Patriot Software, a provider of online accounting and payroll software for American businesses, announced the launch of the 1099 contractor portal to streamline information between clients and their independent contractors. The 1099 contractor portal is a secure self-service platform for 1099 contract workers granting them access to view and edit their personal and direct deposit information, and their payment history from clients.”The 1099 contractor portal was a highly requested feature,” said

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payroll accounting software online accounting Tax 59

Dent Moses

MAY 8, 2024

IRS Commissioner Danny Werfel reported to the Senate Finance Committee that even with the moratorium since September 2023 on processing previous and new claims for the ERC, the IRS averages 20,000 new applications weekly. The IRS recently announced ERC that claims processing could resume by late spring depending on whether Congress extends the statute of limitations for ERC claims.

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Historical bookkeeping clean-up is like an archaeological dig for financial documents. It is a vigorous, systematic process that ensures thorough scrutiny of every document. From verifying inconsistencies to reconciling payments, each layer of exhaustive evaluation brings greater clarity into your company's financial past. In this article, we will walk through all that historical bookkeeping clean-up entails.

bookkeeping

CPA Practice

MAY 8, 2024

Top 20 accounting firm Eide Bailly has promoted 24 individuals to partner or principal, according to a post on its LinkedIn page. The new partners and principals in the class of 2024 “have a diverse range of skills, backgrounds, and expertise that will further strengthen our firm’s capabilities and bring value to the many clients we serve,” the firm said.

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audit tax services accounting firms Tax 59

Ryan Lazanis

MAY 8, 2024

Marketing is arguably the practice that most firms use to attract new clients. But, do you really need it? Find out in this episode. The post Do You Even Need Any Marketing? appeared first on Future Firm.

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accounted Account accountant 52

CPA Practice

MAY 8, 2024

Top 25 accounting firm Citrin Cooperman has acquired Maier Markey & Justic (MMJ), a White Plains, NY-based CPA firm, expanding the firm’s presence in the New York City metro area. Financial terms of the deal weren’t disclosed. As a result of the acquisition, four MMJ partners and more than 40 employees have joined Citrin Cooperman. “MMJ is fantastically aligned with our firm in both service offerings and industry expertise,” Alan Badey, CEO of Citrin Cooperman, and Mike Zyborowicz, managing

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Real Estate cpa firm Healthcare New York 59

LSLCPAs

MAY 8, 2024

Is the balance in your payroll liability accounts ever-increasing, with no explanation why? Do you have liability accounts with large debit balances? In this article, we will discuss how to tackle those problem accounts that keep you up at night. Most organizations have too much to do, with inadequate staffing, resulting in certain reconciliations falling.

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payroll Government cpas Account 52

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By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.

auditor

CPA Practice

MAY 8, 2024

Given the severe auditor shortage in the USA, many CPA firms have expanded their adoption of outsourced auditors, increasing from 6% pre-pandemic to more than 40% at present. May 02, 2024 CPA firms are facing the twin challenges of managing a high volume of audit engagements and coping with the industry-wide talent shortage. Amidst this landscape, the value of an experienced audit team becomes even more significant.

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audit cpa firm auditor CPA 52

Patriot Software

MAY 8, 2024

Canton, Ohio Patriot Software, a provider of online accounting and payroll software for American businesses, announced the launch of the 1099 contractor portal to streamline information between clients and their independent contractors.

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Ohio payroll online accounting Account 52

CPA Practice

MAY 8, 2024

By Connor Sheets, Los Angeles Times (TNS) Ippei Mizuhara, the former interpreter for Dodgers superstar Shohei Ohtani, has agreed to plead guilty in federal court to stealing millions of dollars from Ohtani to cover gambling debts, according to the U.S. Department of Justice. The 39-year-old Japanese-language interpreter has reached a plea deal for one count each of bank fraud and subscribing to a federal tax return, the Justice Department said.

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Gambling Sports tax return Tax 52