Art of Accounting: Managing strategic growth
Accounting Today
NOVEMBER 13, 2023
Strategic growth requires a plan, execution and something new to present to potential clients.
Top Remote Accountants of the Week | May 16, 2024
Going Concern
MAY 16, 2024
Struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, access a pool of skilled remote accountants without any upfront costs. Accountingfly can help! Sign up now to see the complete candidate list and connect with potential hires.
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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age
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Art of Accounting: Managing a practice for non-MPs
Accounting Today
OCTOBER 2, 2023
While each firm has one managing partner, each partner plays a role in managing part of that practice.
Accounting Ranks First In Something Good For Once
Going Concern
JANUARY 16, 2024
It’s possible this is just clickbait and thinly veiled advertising for remote recruiters (*sweats nervously*) but according to CNBC Make It , “accountant” is “the number one in-demand remote job companies are hiring for.” Accountant is the hottest work-from-home job on the market right now.
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Here Are Even More 2024 Accounting Salary Projections
Going Concern
NOVEMBER 14, 2023
Last month we took a look at the 2024 Robert Half Salary Guide to get an idea what public accounting salaries should be in the range of next year, today it’s a similar report from Addison Group and their 2024 Workforce Planning Guide. The guide covers several industries, we are of course only here for accounting. Say what now?
IRIS Launches New Accounting Outsourcing Platform
CPA Practice
SEPTEMBER 5, 2023
IRIS Software Group (IRIS), a global provider of professional accounting and payroll solutions, has launched its new IRIS Outsourcing for accounting firms in the Americas market. We have a fantastic relationship with our account manager, who assists us with our aim to work more efficiently.”
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The Accounting Technology Lab Podcast – Review Of Datamatics – May 2024
CPA Practice
MAY 2, 2024
Tankersley, CPA.CITP, CGMA 00:00 Welcome to the accounting Technology Lab sponsored by CPA practice advisor, with your hosts, Randy Johnston, and Brian Tankersley. Randy Johnston 00:10 Good day, welcome to the accounting Technology Lab. They do comprehensive services, including tax audit and client accounting services.
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AccountingDepartment.com Introduces A New Role: Accounting Manager
AccountingDepartment
DECEMBER 5, 2021
AccountingDepartment.com is the leader in outsourced accounting, bookkeeping, controller, and advisory services. We are the largest and most experienced outsourced provider in the country and serve businesses nationwide with our 100% U.S-based based team of professionals.
The Accountant Shortage is a Material Weakness Now
Going Concern
JULY 11, 2023
The Wall Street Journal wrote today about recent disclosures made by Advance Auto Parts, Joby Aviation, and Germany’s Evotec that specifically point to a lack of accounting staff as a contributor to or sole factor causing certain material weaknesses. We have engaged a leading public accounting firm to support this work.
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10 Critical Accounts Payable Strategies for All Businesses
Basis 365
NOVEMBER 30, 2023
One critical aspect is the management of accounts payable (AP). Effective accounts payable strategies not only streamline the payment process but also contribute significantly to better cash flow management. Make sure your accounting team is implementing as many of these as possible.
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Top Remote Accountants of the Week | May 2, 2024
Going Concern
MAY 2, 2024
Struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, access a pool of skilled remote accountants without any upfront costs. Accountingfly can help! Sign up now to see the complete candidate list and connect with potential hires.
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Tips and tricks for property investment accounting
Xero
JANUARY 30, 2024
Property investment accounting, or landlord accounting, manages your property portfolio assisting with tax compliance and return on investment. Know property investment accounting regulations and taxes To swim well, you need to know the strokes, and how to navigate the water.
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Here’s the Projected Pay Range for Seven Accounting and Tax Roles in 2024
CPA Practice
SEPTEMBER 13, 2023
Salaries for an accountant are expected to range, depending on experience, from $57,719 to $104,788 in 2024, as the balance of power tilts slightly back toward employers with the Great Resignation winding down , according to the 2024 Salary Guide from staffing agency Randstad USA.
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Are accounting firms keeping remote work positions?
ThomsonReuters
JUNE 16, 2023
Many of today’s accounting professionals have a new perspective on when and how they want to work. The onset of the COVID-19 pandemic forced countless businesses, including accounting firms, to go remote essentially overnight due to mandated shutdowns and stay-at-home orders. Are there still remote accounting jobs?
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Monday Morning Accounting News Brief: Details on Grant Thornton’s PE Deal; What Is ‘Presented Fairly’ Anyway? | 5.13.24
Going Concern
MAY 13, 2024
AT&T is coming for your recruits : AT&T Woos Accounting Students, Bypasses Big Four Training Ground AT&T Inc.’s ’s top accountant is confronting a competitive job market by rethinking the company’s traditional reliance on large CPA firms as a training ground for new hires, taking her recruiting pitch on-campus instead.
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20 Offshoring and Outsourcing Best Practices for Accounting & Tax Firms
CPA Practice
JULY 31, 2023
In today’s globalized world, offshoring and outsourcing have become prevalent strategies adopted by CPAs, accounting, and tax firms to optimize their operations, minimize expenses, and tap into specialized expertise. Here are the 20 essential offshoring and outsourcing best practices that accounting and tax firms should know and implement.
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Association for Accounting Marketing Announces New Board Members
CPA Practice
JULY 10, 2023
The Association for Accounting Marketing (AAM), the leading association committed to providing educational opportunities and professional support for growth professionals in the accounting and advisory profession, announces the appointment of eight new members to its Board of Directors.
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Here’s the Projected Pay Range for Seven Accounting and Tax Roles in 2024
CPA Practice
MARCH 26, 2024
Salaries for an accountant are expected to range, depending on experience, from $57,719 to $104,788 in 2024, as the balance of power tilts slightly back toward employers with the Great Resignation winding down , according to the 2024 Salary Guide from staffing agency Randstad USA.
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Wirecard: Internal Investigation Clears Accounting Manager
PYMNTS
MARCH 14, 2019
Wirecard, a German payments company, said an internal investigation has cleared its Asia-Pacific accounting manager who was accused of faking transactions to boost revenue numbers. Reuters reported that in the wake of the news, Wirecard shares jumped 4 percent.
PSCU Names Two New Account Management Execs
PYMNTS
AUGUST 22, 2019
PSCU, one of the nation’s premier Credit Union Service Organizations (CUSO), has named two new account management executives, as part of what the company calls its continued commitment to delivering a best-in-class experience, according to a press release.
Oracle Streamlines Corporate Bank Account Management
PYMNTS
JULY 25, 2018
The company announced Tuesday (July 24) that its Oracle Banking Virtual Account Management solution is now available to corporate banks. The solution aims to simplify banking for businesses with multiple bank accounts in multiple currencies.
Taxes on retirement income: Help for accountants advising clients
ThomsonReuters
APRIL 25, 2024
As an accountant, advising your clients on retirement income taxes and related strategies can help them to optimize their financial planning in their golden years. Evaluate the potential benefits of converting traditional retirement accounts to Roth IRAs. Consider pension and annuity payments. Delay Social Security. Pension income.
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3 Ways to Solve Your Accounting Firm’s Last-Minute Staffing Needs
CPA Practice
FEBRUARY 23, 2023
You were proactive and diligent about readying your accounting firm for tax season, and yet you’re still facing staffing gaps precisely when you need all hands on deck. Unfortunately, the shortage of talent in the accounting profession isn’t minor or likely temporary. To turn things around, managers need to get creative.
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Netsuite vs. Quickbooks: Accounting Software Comparison
inDinero Accounting
DECEMBER 13, 2021
One of the most critical aspects of running your own business is accounting. That’s why 71% of businesses rely on outsourced accounting to help them track their financial data. However, even with an accountant, you still need a way to keep records. However, even with an accountant, you still need a way to keep records.
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Ways to Solve Your Accounting Firm’s Last-Minute Staffing Needs
CPA Practice
MARCH 7, 2023
You were proactive and diligent about readying your accounting firm for tax season, and yet you’re still facing staffing gaps precisely when you need all hands on deck. Unfortunately, the shortage of talent in the accounting profession isn’t minor or likely temporary. To turn things around, managers need to get creative.
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How to Provide "View-Only" Business Account Access to Your Outsourced Accountant
FusionCPA
OCTOBER 1, 2020
Accountants and bookkeepers are responsible for recording, organizing, and analyzing your business transactions. Most accounting institutions recommend that businesses pay invoices and receive payments directly through their banks. For some banks, limiting your accountant’s access can be a tricky process.
An Essential Guide to Accounting and Basic Accounting Principles for Beginners
Snyder
NOVEMBER 22, 2022
It can be hard to keep up with new opportunities and technologies in our rapidly changing and evolving world, especially in a professional field such as accounting. Why is accounting important? What are basic accounting principles? What is accounting software? Basic accounting and its secrets. Contents: 1.
National Accounting Day 2022
Lockstep
MAY 17, 2022
This week, we are celebrating the success of our wonderful customers, because accounting teams are the backbone of every business. Even more so, without the organization and fortitude of the accounts receivable (AR) teams, cash flow would be a “cash trickle.” . Jordan Newell, Accounting Manager , MarVista Entertainment . .
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Penfold Platform Launches to Transform the Working Lives of Accountants
Accounting Insight
JULY 27, 2023
Digital pensions provider Penfold has launched its revolutionary new Penfold Platform for accountants, as part of a strategic shift towards better serving this key group of users. Accountants will no longer have to download, reformat, upload, and sort each individual file across each client, saving them from unnecessary stress and hassle.
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Top accounting issues in 2023
ThomsonReuters
APRIL 18, 2023
The accounting profession has faced a profound shift in recent years: from significant regulatory changes to an influx of innovative technologies, to reimagined business models, to an increase in client expectations. What are the current issues in accounting? but there are several common hurdles that often run industry wide.
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The Pros and Cons of Outsourced Accounting Services: Making an Informed Choice
Basis 365
JANUARY 3, 2024
One area where many companies are finding significant advantages is by outsourcing their accounting and bookkeeping services. This comprehensive guide delves into the pros and cons of outsourced accounting, empowering you to make an informed decision about your financial future.
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Industry Accounting Salary Outlook for 2023 is Not Horrible
Going Concern
NOVEMBER 10, 2022
Of the four roles with base pay that is expected to be lower in 2023, two of them are C-level positions: chief accounting officer and CFO. Staff accountant, Big 4 experience. Senior accountant. Accounting supervisor. Accounting manager. Accounting manager, Big 4 experience. Accounting director.
The Hidden Value of Pension Management for Accountants
Accounting Insight
AUGUST 2, 2023
A significant number of accountants offer workplace pension management as part of their services without any additional charge. However, as we will illustrate, the task of managing pensions is of immense worth and could serve as a potential revenue stream for accountants. You can register for a free ticket here.
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What is Client Accounting Services?
KROST
FEBRUARY 23, 2022
Did you know that we provide Client Accounting Services (CAS)? CAS can be a cost-effective way to have high-level financial reporting without having to hire a team of Certified Public Accountants and accounting professionals. At its core, CAS is a shift from traditional compliance-based accounting to a 360-advisory mindset.
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Life After ASC 842 and IFRS 16 Lease Accounting Implementation: Transform Your Organization in 3 Steps
Cherry Bekaert
MAY 16, 2023
Authors: Kenneth Woodring , Senior Manager, Risk & Accounting Advisory Services , Graham Michitsch , Senior Manager, Risk & Accounting Advisory Services Congratulations to successfully completing your implementation of ASC 842 and IFRS 16 – Leases. lease payment schedules)?
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Carla McCall, CPA, CGMA – 2023 Most Powerful Women in Accounting
CPA Practice
JUNE 6, 2023
Carla McCall, CPA , CGMA 2023 Most Powerful Women in Accounting Managing Partner AAFCPAs How do you envision the accounting profession evolving in the foreseeable future for women? The accounting profession is evolving significantly for everyone. Read more about the Most Powerful Women in Accounting.
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NetSuite vs. Quickbooks: Accounting Software Comparison
inDinero Accounting
DECEMBER 13, 2021
One of the most critical aspects of running your own business is accounting. That’s why 71% of businesses rely on outsourced accounting to help them track their financial data. However, even with an accountant, you still need a way to keep records. However, even with an accountant, you still need a way to keep records.
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Common Accounting Mistakes: Government Edition - Issue #4 Documentation to Prove It!
SMBAccountant
AUGUST 26, 2020
What documentation do you have that proves all purchases are approved by a supervisor or manager before they are made? Approved purchase orders provide great supporting documentation for approval of purchases, as well as help accounting manage cash flow and billing. Are they approved at all?
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Common Accounting Mistakes: Government Edition - Issue #4 Documentation to Prove It!
SMBAccountant
AUGUST 26, 2020
What documentation do you have that proves all purchases are approved by a supervisor or manager before they are made? Approved purchase orders provide great supporting documentation for approval of purchases, as well as help accounting manage cash flow and billing. Are they approved at all?
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How Automation Can Improve Accounts Payable Compliance
MineralTree
DECEMBER 15, 2022
In any organization, the accounts payable (AP) department is responsible for handling and processing payments. What is Compliance in Accounts Payable? Compliance in accounts payable refers to the practice of following laws, regulations, and standards related to handling payments. Let’s take a closer look.
Gordon James Realty Expands their Business with the Help of Automation and Custom Accounting Processes
Accounting Seed
OCTOBER 27, 2023
With Accounting Seed on Salesforce, Gordon James Realty is making their mark in the property management business Whether you’re looking to buy your first home or you’re an experienced investor, Gordon James Realty has your back. Had we not made the decision to use Salesforce and Accounting Seed, I don’t think we could have done it.
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Accounting for a Retail Store: an Ultimate Guide
Snyder
MAY 24, 2022
That means hiring a knowledgeable staff that can assist with accounting tasks. The good news is that there are several accounting processes you can do yourself. Let’s take a look at the areas of accounting you can do on your own and the best ways to do them. 3 ways to account for inventory costs in retail accounting.
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Florida Man Accountant Defrauds His Employer for $12 Million, Spent Most of It on Camgirls
Going Concern
SEPTEMBER 29, 2022
Over a period of five years, an accounting manager for the University of South Florida’s University Medical Services Association (UMSA) spent $12,860,744.07 According to court documents, Puglisi was employed as an accounting manager for the University of South Florida’s University Medical Services Association (UMSA).
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3 Ways to Solve Your Accounting Firm’s Last-Minute Staffing Needs
CPA Practice
FEBRUARY 21, 2023
You were proactive and diligent about readying your accounting firm for tax season, and yet you’re still facing staffing gaps precisely when you need all hands on deck. Unfortunately, the shortage of talent in the accounting profession isn’t minor or likely temporary. To turn things around, managers need to get creative.
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