Xero

AUGUST 3, 2025

For goods-based businesses, managing inventory and purchases is at the heart of daily operations; it’s about having the right stock at the right time, minimizing manual effort, and making informed decisions to fuel your growth. We know these critical tasks can often feel like a constant juggle, taking valuable time away from what you do best. Over the coming months, a series of new inventory enhancements designed to give you greater clarity, control, and efficiency in these key areas will be rol

Real Estate

Accounting Today

JULY 30, 2025

The Financial Accounting Standards Board is offering optional guidance on the measurement of credit losses for accounts receivable and contract assets.

accounting standards

Wendy Tietz

JULY 27, 2025

If you’ve been thinking about incorporating generative AI into your accounting courses but aren’t sure where to start, I have a resource for you. AI in Accounting Education: A Practical Guide for Educators and Students is a free PDF book you can use immediately in your classes.

accounting courses

RogerRossmeisl

JULY 27, 2025

Tax affecting is one of the most debated issues when valuing interests in privately held businesses using the income approach. This term refers to discounting the projected earnings of pass-through businesses for hypothetical entity-level taxes. Unlike C corporations, pass-through entities — such as S corporations, partnerships, limited liability companies and sole proprietorships — don’t pay entity-level taxes.

Tax

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The office of the CFO is rapidly evolving, with more and more demands being placed upon the finance and accounting team each year. Join us in this webinar, where we share 8 things to NOT do when it comes to helping the CFO office advance in supporting the business. Learning Objectives: This course objective is to understand how best to support an organization's finance leadership.

accounting and finance

ThomsonReuters

JULY 30, 2025

The accounting profession stands at a pivotal moment where technological advancement intersects with environmental stewardship. As firms navigate increasing pressure to adopt sustainable practices while maintaining audit excellence, electronic confirmation technology emerges as a powerful solution that addresses both imperatives simultaneously. Modern audit firms recognize that embracing digital confirmation processes isn’t merely about keeping pace with technology trends — it’s abou

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Wellers Accounting

JULY 29, 2025

Making Tax Digital for Income Tax Self Assessment is being rolled out in phases, here is a guide of what you need to know and action.

income tax

Accounting Today

JULY 28, 2025

Author Login Subscribe ACCOUNTING Accounting Accounting standards International accounting ESG CAS Accounting Accounting standards International accounting ESG CAS TAX Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes AUDIT Audit Audit standards PCAOB SEC Audit Audit standards PCAOB SEC PRACTICE MANAGEMENT Practice management Recruiting Retention Acc

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CPA Practice

JULY 29, 2025

Search for: Home About Us Log In Subscribe for Free My Account Log Out Accounting & Auditing Accounting ESG Financial Reporting Nonprofit Small Business Auditing Audit Standards PCAOB SEC Tax Taxes Income Tax IRS Legislation Sales Tax State Local Taxes Tax Planning Payroll Payroll Benefits Human Resources Payroll Software Payroll Taxes Tech Technology Artificial Intelligence Automation Cloud Technology Digital Currency Hardware Security Software Advisory Advisory CAS Financial Planning Risk

Technology

ThomsonReuters

JULY 29, 2025

The sweeping federal tax overhaul enacted through the One Big Beautiful Bill Act (P.L. 119-21), signed into law on July 4, 2025, may prompt states to reevaluate their tax codes – though many may delay action until 2026. According to Baker Tilly tax experts Shannon Bonner and Andy Whitehair, the timing and breadth of the legislation may pose significant obstacles for state governments and multistate taxpayers alike. “As the majority of states concluded their 2025 legislative sessions prior

Tax

Going Concern

AUGUST 1, 2025

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default.

accounting and finance

Speaker: Dylan Secrest, Founder of Alamo Innovation and Construction Digital Transformation Consultant

Construction payment workflows are notoriously complex when you consider juggling multiple stakeholders, compliance requirements, and evolving project scopes. Delays in approvals or misaligned data between budgets, lien waivers, and pay applications can grind progress to a halt. The good news? It doesn't have to be this way! Join expert Dylan Secrest to discover how leading contractors are turning payment chaos into clarity using digital workflows, integrated systems, and automation strategies.

Technology

LSLCPAs

JULY 29, 2025

For many local government finance departments, reconciling accounts receivable (AR) can feel like an ongoing challenge. With accuracy and transparency on the line, getting it right is more than just a year-end task—it’s a year-round responsibility that ensures your books are clean, your audits go smoothly, and your leadership team has the data they need.

cpas

Accounting Today

JULY 28, 2025

Author Login Subscribe ACCOUNTING Accounting Accounting standards International accounting ESG CAS Accounting Accounting standards International accounting ESG CAS TAX Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes AUDIT Audit Audit standards PCAOB SEC Audit Audit standards PCAOB SEC PRACTICE MANAGEMENT Practice management Recruiting Retention Acc

Technology

CPA Practice

JULY 29, 2025

A New Milford accountant was sentenced on July 29 to three years in prison for stealing tens of thousands of dollars from clients, resolving three cases against him.

Connecticut

ThomsonReuters

JULY 29, 2025

Jump to ↓ The real problem: The talent crisis meets a changing profession The AI solution: Redefining the role of the future accountant The cultural shift: From risk-averse to innovation ready The competitive imperative: Why the time to act is now The implementation roadmap: How to build an AI-ready accounting firm The future of accounting is here As AI creates new opportunities for more strategic, engaging work, many accounting firms are finding it harder than ever to attract and retain the ta

Technology

Speaker: Gerald Ratigan

The accounts payable (AP) function is evolving and AI is leading the charge. As finance teams face rising invoice volumes and expectations for speed and accuracy, AI-powered automation has shifted from a futuristic concept to the most practical solution. But for finance leaders, success isn’t just about selecting the right tools, it’s about implementing the right strategy.

accountant

Insightful Accountant

JULY 30, 2025

The Internal Revenue Service is facing an unprecedented staffing crisis that will fundamentally change how tax practitioners interact with the agency and manage client expectations.

Tax

SchoolofBookkeeping

JULY 30, 2025

The 2025 Intuit QuickBooks Accountant Technology Survey is out, and the future for accountants is looking both smarter and more complicated than ever. According to Intuit, accountants are charging full speed ahead into the world of AI, automation, and strategic advisory services. But is this transformation as rosy as it sounds? Let’s break down the highlights, take a step back for a reality check, and see who actually took this survey.

Technology

Accounting Today

AUGUST 1, 2025

Author Login Subscribe ACCOUNTING Accounting Accounting standards International accounting ESG CAS Accounting Accounting standards International accounting ESG CAS TAX Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes AUDIT Audit Audit standards PCAOB SEC Audit Audit standards PCAOB SEC PRACTICE MANAGEMENT Practice management Recruiting Retention Acc

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CPA Practice

AUGUST 1, 2025

Search for: Home About Us Log In Subscribe for Free My Account Log Out Accounting & Auditing Accounting ESG Financial Reporting Nonprofit Small Business Auditing Audit Standards PCAOB SEC Tax Taxes Income Tax IRS Legislation Sales Tax State Local Taxes Tax Planning Payroll Payroll Benefits Human Resources Payroll Software Payroll Taxes Tech Technology Artificial Intelligence Automation Cloud Technology Digital Currency Hardware Security Software Advisory Advisory CAS Financial Planning Risk

Sales

Speaker: Sean Yoder

Nonprofits are under more pressure than ever to demonstrate financial accountability while continuing to expand their impact. Traditional budgeting models often fall short, reinforcing silos, limiting flexibility, and stalling growth. Enter collaborative budgeting: a dynamic, team-driven process that enables smarter resource allocation and builds financial resilience at scale.

accounting and finance

Withum

AUGUST 1, 2025

The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, contains provisions relating to pass-through entity taxes (PTETs) that are seen as favorable for taxpayers, especially investment management companies in the financial services world. Key Takeaways: The OBBBA maintains PTET deductions and increases the SALT cap to $40,000 from 2025 to 2029.

Tax

Canopy Accounting

JULY 30, 2025

In this episode, Casey Brothers interviews Adam Lean, who shares his unique journey from being an accountant to starting his own CFO advisory practice. Adam discusses the importance of cash flow for business success and how many business owners lack the financial knowledge to navigate their companies effectively. He emphasizes the need for accountants to transition from traditional bookkeeping roles to advisory services that truly help clients achieve their definitions of success.

accounted

Accounting Today

AUGUST 1, 2025

Author Login Subscribe ACCOUNTING Accounting Accounting standards International accounting ESG CAS Accounting Accounting standards International accounting ESG CAS TAX Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes AUDIT Audit Audit standards PCAOB SEC Audit Audit standards PCAOB SEC PRACTICE MANAGEMENT Practice management Recruiting Retention Acc

Technology

CPA Practice

JULY 31, 2025

Brian Tankersley, CPA, and Randy Johnston, discuss the accounting profession's talent shortage, and the ways firms and state societies are trying to remedy the challenges. Watch the video, listen to the audio, or read the transcript.

accounted

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

Tax

SchoolofBookkeeping

JULY 30, 2025

The 2025 Intuit QuickBooks Accountant Technology Survey is out, and the future for accountants is looking both smarter and more complicated than ever. According to Intuit, accountants are charging full speed ahead into the world of AI, automation, and strategic advisory services. But is this transformation as rosy as it sounds? Let’s break down the highlights, take a step back for a reality check, and see who actually took this survey.

Technology

Shay CPA

JULY 28, 2025

We’re thrilled to announce that our entire accounting and tax team at Shay CPA P.C. has successfully completed their QuickBooks Online ProAdvisor and Advanced ProAdvisor recertifications for 2025. This annual group training is more than just an exam—it’s an opportunity for us to learn together, share best practices, and stay ahead of the curve on the platform’s most powerful features.

quickbooks

ThomsonReuters

JULY 29, 2025

Jump to ↓ The challenge: Drowning in documentation The solution: SurePrep + UltraTax integration The results: Peace of mind and client growth A no-brainer investment When Josh Haislip took over his small CPA firm in Stanton, Texas, he knew he was inheriting more than just a client list. He was stepping into a world of 700 annual tax returns, manual work papers, and the kind of grueling tax seasons that leave practitioners questioning their career choices.

cpa firm

Accounting Today

AUGUST 1, 2025

Author Login Subscribe ACCOUNTING Accounting Accounting standards International accounting ESG CAS Accounting Accounting standards International accounting ESG CAS TAX Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes AUDIT Audit Audit standards PCAOB SEC Audit Audit standards PCAOB SEC PRACTICE MANAGEMENT Practice management Recruiting Retention Acc

Technology

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You wouldn’t keep using a 2009 flip phone - so why settle for outdated close processes? It’s time for an upgrade. SkyStem's Guide to Month-End Close Software walks you through what today’s best tools can do (and what your team shouldn’t have to deal with anymore). Get smart, fast, and a whole lot less stressed when it’s time to close the books.

CPA Practice

JULY 30, 2025

Search for: Home About Us Log In Subscribe for Free My Account Log Out Accounting & Auditing Accounting ESG Financial Reporting Nonprofit Small Business Auditing Audit Standards PCAOB SEC Tax Taxes Income Tax IRS Legislation Sales Tax State Local Taxes Tax Planning Payroll Payroll Benefits Human Resources Payroll Software Payroll Taxes Tech Technology Artificial Intelligence Automation Cloud Technology Digital Currency Hardware Security Software Advisory Advisory CAS Financial Planning Risk

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Menzies

JULY 31, 2025

Menzies LLP - A leading chartered accountancy firm. Higher interest rates are creating VAT risks Get in touch With the current high levels of interest rates, solicitors and others holding client funds on deposit are receiving significant amounts of interest. Whilst much of this may be passed on to clients, HMRC do not allow netting off in the business’ partial exemption calculations.

chartered accountant

BurklandAssociates

JULY 29, 2025

Startups that invest in finance early make better strategic decisions as they scale, and raise capital on stronger terms. The post 10 Benefits of Fractional CFO Services for Startups appeared first on Burkland.

Finance

Wendy Tietz

AUGUST 2, 2025

I’m excited to share a new instructional resource that I’ve developed in collaboration with Dr. Melissa Larson from Brigham Young University: a collection of Form 10-K exercises for introductory accounting courses. These short assignments help students build comfort working with real company financials from SEC filings.

accounting courses

Advertiser: Paycor

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