Canopy Accounting
JULY 24, 2023
So, you’re good with numbers. That’s great. Crucial, even. But how are you at…communicating? Because that’s what’s going to set you apart from other accounting firms. The way you communicate is your personal brand. The importance of communication in accounting starts (and ends) with client relationships. Are you providing personalized service? Are you making communication easy and seamless for clients?
Accounting Today
JULY 24, 2023
Students aren't majoring in accounting because they don't have a passion for the subject, and because they perceive barriers in cost and time, especially Black and Hispanic students.
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CPA Practice
JULY 24, 2023
By Jasen Stine, David Bergstein, and Roman Kepczyk. Artificial intelligence is everywhere and firms might be thinking how this will apply or make its way to the accounting and tax profession. The answer is that it already has and firms of every size should be taking advantage of the resources available to them, if they aren’t already. On a recent episode of Intuit’s AccounTrends , hosts Jasen Stine and David Bergstein discussed the latest trends in technology with Roman Kepczyk, CPA, CITP, CGMA
Cherry Bekaert
JULY 24, 2023
Evolution of the CFO The role of the Chief Financial Officer (CFO) continues to evolve and expand due to a changing business landscape. While the primary role of a CFO centers around financial management, there are several emerging trends that will shape the future role of CFOs. We are living in an increasingly volatile, uncertain, complex and ambiguous (VUCA) multilateral world, especially with the rapid pace of change in business.
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i
CPA Practice
JULY 24, 2023
By Jenny Surane and Katherine Doherty, Bloomberg News (via TNS). The Federal Reserve debuted a new payments system designed to speed up the movement of money among banks around the U.S., the central bank’s first new network in decades. The new system, called FedNow, will allow eligible banks with accounts at the Federal Reserve to send money instantly.
Going Concern
JULY 24, 2023
The Center for Audit Quality — the AICPA-affiliated “nonpartisan public policy organization serving as the voice of U.S. public company auditors and matters related to the audits of public companies” — has released a 63-page report entitled Increasing Diversity in the Accounting Profession Pipeline that tackles the historically under-reported and totally mysterious issue of why students are not pursuing accounting, particularly students of diverse backgrounds.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
Accounting Today
JULY 24, 2023
You'd think the last thing accounting firms would want to do is to disrupt themselves — yet that may be exactly what they need to do, says Bob Lewis of The Visionary Group.
CPA Practice
JULY 24, 2023
Mastercard has partnered with Billtrust to launch the new Mastercard Receivables Manager , an automated system that streamlines how businesses can accept and process virtual card payments. The innovation adds to Mastercard’s virtual card platform as the company provides more commercial payment choices and accelerates the digitization of B2B transactions across buyers and suppliers.
Accounting Today
JULY 24, 2023
The service is stopping most unannounced visits to taxpayers' residences and businesses after a rising number of threats has put its employees' safety at risk.
CPA Practice
JULY 24, 2023
As Americans continue to feel the weight from the economy this year on their personal finances, nearly three quarters (74%) of U.S. adults say they have a financial regret, with more than 1 in 5 (21%) pointing to not starting to save for retirement early enough as their top regret, according to a new Bankrate report. Click here for more information: [link] In addition to not saving for retirement early enough, other financial regrets include taking on too much credit card debt (15%), not saving
Advertiser: Paycor
There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.
Accounting Today
JULY 24, 2023
Recent research shows that students aren't moving into accounting because it doesn't strike a spark with them — but the 150-rule isn't helping.
CPA Practice
JULY 24, 2023
By Reade Pickert and Alex Tanzi, Bloomberg News (via TNS). Half of U.S. states were experiencing record-low unemployment — or very close to it — in June, underscoring the strength of the nation’s labor market. The unemployment rates in 25 states are currently at or within 0.1 percentage point of a record low, Bureau of Labor Statistics data showed Friday.
Accounting Today
JULY 24, 2023
Sales of non-fungible tokens are taking place across jurisdictions, both state and national, and tax authorities are starting to take notice.
CPA Practice
JULY 24, 2023
The former executive vice president of an Atlanta engineering firm was sentenced to five years in prison for paying bribes to two city of Atlanta officials in exchange for steering city business worth millions of dollars to his company, paying bribes to a former DeKalb County, Georgia, official in an attempt to obtain county contracts, and evading over $1.5 million in taxes.
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Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.
Patriot Software
JULY 24, 2023
The greatest expense for small business owners is often payroll. Why? Because when you hire employees, you pay more than just their wages—you also pay payroll taxes, benefits contributions, and other miscellaneous expenses. Before hiring your first employee or adding to your staff, understand the true cost of adding to your team.
CPA Practice
JULY 24, 2023
By Elaine Silvestrini, Kiplinger Consumer News Service. Older Americans are increasing their spending faster than younger generations, according to data from Bank of America, which suggests this can be partly attributed to the relatively generous 8.7% cost-of-living-adjustment (COLA) for Social Security beneficiaries this year. As the bank noted, the COLA was the largest increase in 40 years for Social Security recipients.
Accounting Today
JULY 24, 2023
Accountants are helping clients stay abreast of the latest accounting, tax and regulatory issues around cryptoassets.
CPA Practice
JULY 24, 2023
Retail sales continued to rise in June even as employment grew more slowly, the National Retail Federation announced this week. “June retail sales confirm that while the economy may be cooling, consumers remain on solid footing and are spending on household priorities,” NRF President and CEO Matthew Shay said. “Back-to-class spending is one of the most important shopping occasions of the year, and NRF’s consumer research shows that back-to-school and college spending is expected to set new recor
Advertiser: Paycor
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.
Accounting Today
JULY 24, 2023
A bookkeeper reportedly stole from her employer in an effort to retain the affections of her estranged boyfriend.
CPA Practice
JULY 24, 2023
Justworks, a benefits, payroll and HR technology provider, has launched Expenses, an expense management tool that Justworks PEO customers can use to process expense reimbursement requests alongside payroll. Expenses consolidates tools and minimizes the risk of error when reimbursing employees for out of pocket expenses. Administrators can set up approval workflows and custom rules, providing structure for employees and simplifying the reconciliation process for accountants.
Insightful Accountant
JULY 24, 2023
Murph provides 'wannabe' Top 100 ProAdvisors with valuable tips and statistics from this year's Top 100 and Award recipients.
Accounting Today
JULY 24, 2023
A new notice offers relief for foreign taxes paid during tax years 2022 and 2023.
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.
Anders CPA
JULY 24, 2023
One of the very first steps you need when hiring of a qualified benefit plan auditor is to prepare a thorough request for proposal (RFP) which will allow you to have all the information you need to make an informed decision about the value and qualifications that an auditing firm will bring to your 401(k) plan. Having a comprehensive RFP is essential in the determination of a quality auditor as well as a reduction of time and effort in the overall selection of a qualified, independent auditor.
Accounting Today
JULY 24, 2023
It's a low-hurdle opportunity that firms can embrace to start quickly making the shift into client advisory services.
VJM Global
JULY 24, 2023
Held by AUTHORITY FOR ADVANCE RULING, KERALA in the matter of IN RE: M/S. MALABAR GOLD PRIVATE LIMITED M/s Malabar Gold Private Limited (“The Applicant”) is engaged in the supply of jewellery. The Applicant transfers gold to the jewel maker for making ornaments. Jewel maker raise invoice for value of gold supplied and his making charges. The Applicant makes payment of only a differential amount to discharge his liability.
Reckon
JULY 24, 2023
Alex Alexandrou, General Manager of Reckon, chats about emerging trends in bookkeeping and how to get a genuine edge. In an industry that’s being rapidly shaped by technology and changing practices, keeping yourself sharp and competitive is key to thriving. Here, Alex breaks down his 6 top tips for staying relevant in the bookkeeping and accounting industry in 2023… 1) Expand your services into advisory offerings and software advice With many of the simple aspects of the role now being assumed b
Speaker: Jamie Eagan
As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of
CPA Practice
JULY 24, 2023
By Katanga Johnson, Bloomberg News (via TNS). The top U.S. consumer financial watchdog is sharpening his focus on lenders’ use of artificial intelligence when making credit decisions, signaling that fresh restrictions loom for financial firms. Rohit Chopra, director of the Consumer Financial Protection Bureau, indicated that new regulation may be coming soon.
Withum
JULY 24, 2023
Effective August 1, 2023, the SBA will allow partial changes of ownerships that will impact the future of potential valuations for SBA lenders. Join Brian McIntyre and Bryan DiMonte of Withum’s SBA Valuation Team, for an insightful discussion and examples regarding the complexities and key factors for SBA business valuations related to partial change of ownership transactions.
Going Concern
JULY 24, 2023
Monday already? Meh. Well here’s what’s going on. EY is bringing in a crisis advisor to figure out why Project Everest went bust. FT : The Big Four firm has engaged Lord David Gold to examine the process behind Project Everest, which collapsed in April after leaders of its US business blocked the global break-up, according to people familiar with the matter.
Anders CPA
JULY 24, 2023
Anders is ranked on the 2023 VAR 100 list by Accounting Today as one of the leading value-added resellers in the accounting space. The Anders Technology group, who is part of the firm’s Advisory practice, earned the firm a spot on the list for the first time in 2023. Anders Technology has over 30 years of experience serving clients by offering innovative solutions through managed services, cybersecurity, strategic planning and data analytics.
Advertiser: Paycor
Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.
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