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By Jennifer Arbore. From perfecting the art of virtual fundraising and volunteering to implementing fresh social media strategies, creating innovative donor retention programs and driving their missions forward despite a myriad of ongoing global challenges, today’s nonprofits are dealing with a complicated and quickly evolving landscape. That’s why operations need to be as simple as possible.
Ed. note: The following is a guest post by Liz Kolar, EVP at Surgent. It is of particular interest to professors, accounting department chairs, other assorted academics, and any accounting profession meteorologists who are tracking the perfect storm of pipeline problems and a completely revamped CPA exam debuting in just a few months. Comments from all perspectives are welcome.
In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.
It was great to see so many new and familiar faces from Xero’s accounting and bookkeeping community at Xerocon Sydney 2023. As always, day one featured a packed agenda – and you better believe the pace didn’t let up on day two. Sharing insights and inspiration We had another busy morning on the main stage. The day kicked off with a moving welcome from Te Raranga Whanui Kapahaka group, followed by an insightful conversation between Xerocon host Julia Zimero and Xero CEO, Sukhinder Si
There are several compelling reasons why the future of finance requires organizations to strike a balance between both human and machine-driven intelligence.
Thomson Reuters recently spit out its Future of Professionals special report , a survey of more than 1,200 professionals working in the legal, tax & accounting, global trade, risk, and compliance fields who are employed at firms, corporate in-house departments, and government agencies based in North America, South America, and the United Kingdom.
Thomson Reuters recently spit out its Future of Professionals special report , a survey of more than 1,200 professionals working in the legal, tax & accounting, global trade, risk, and compliance fields who are employed at firms, corporate in-house departments, and government agencies based in North America, South America, and the United Kingdom.
Technologists Randy Johnston and Brian Tankersley, CPA, discuss accounting automation tech with the co-founder of Bookkeep , Jason Richelson. Use the podcast player below to listen.
The board finalized a new standard aimed at providing more useful information on a venture's financial statements and curbing differences in reporting practice.
Last year, 950 PwC UK equity partners were treated to record-breaking £1 million pound ($1.2 million) payouts, effortlessly beating the 2020 high of £868,000 and quite a leap from £765,000 in 2019. Sadly for them they won’t be cruising right past a million this year. Reports The Guardian : More than 1,000 partners at the UK division of the “big four” accounting firm PwC will be paid £906,000 this year, a slight fall on last year’s record payout as profits fell despite rising revenues.
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
On July 31, 2023, the U.S. Securities and Exchange Commission published a Risk Alert to their broker-dealer members regarding Anti-Money Laundering (AML) compliance examinations and related issues. The Division of Examinations’ Risk Alert reiterated the need for registered broker-dealers to establish and maintain sound AML programs for each firm designed to mitigate risks in the financial system.
When it comes to a corporation’s relationship with its accounting firm, the firm itself is less important than the partner who leads its engagement team in lowering its tax rate, according to a new study from Iowa’s Tippie College of Business. The study found that the partner has twice as great an impact on the firm’s cash effective tax rate than did their firm.
As new ideas and features emerge, it’s all too easy for the initial project boundaries to expand far beyond their intended limits. In this episode, I discussed nine key strategies that I have tested in the field to effectively prevent scope creep. Listen Below. 0:43 Scope creep or out-of-scope work is defined as performing tasks not outlined in the client agreement.
By Jeremy Schiff. New to the job market? Looking for your next gig after years at your most recent role? Or maybe you’re happy in your current position, yet you’re still open to other interesting opportunities and wouldn’t mind if a recruiter got in touch. Here’s something you need to know: These days, there’s almost always a robotic gatekeeper standing between your resume and an actual human’s eyeballs.
Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.
For decades the Federal Government has provided a nine-year Small Business Administration (SBA) 8(a) Business Development Program to assist socially and economically disadvantaged entrepreneurs access to the Federal marketplace. The 8(a) program allowed for disadvantaged businesses that qualify a specific set-aside to seek out government sole source contracts under $7 million for manufacturing requirements and $4.5 million for goods and services.
According to a new Xero survey, there are calls among small business owners for greater data protection and education, with 77% believing AI will have an impact on their business in the next five years.
PASADENA, CA– INSIDE Public Accounting (IPA) has named KROST CPAs & Consultants Top 100 Firm in 2023. The firm ranked 73rd on the prestigious Top 100 list. KROST along with other recipients of these distinguished awards are highlighted in IPA’s monthly newsletter. KROST has been named Top 100 firm for the third year in a Read the full article. The post INSIDE Public Accounting Ranks KROST Among Top 100 Firms in the US in 2023 appeared first on KROST.
Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.
We’re just over a month away from the MLB playoffs, and this year (like every year) has had its share of sketchy calls that fans and players have been unhappy about. While not everyone’s favorite summer pastime (the sports season that never ends still has more than two months of games to go), this summer there are seemingly more strike calls than ever happening beyond the diamond.
State CPA Societies in Action is a series of articles spotlighting the varied educational, advocacy, networking and professional activities of the state CPA societies across the U.S. The mission of the Tennessee Society of CPAs is to drive the success of its members and the communities they serve through connections, professional development, and advocacy.
Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.
Columbia, Md. [August 24, 2023] – Accounting Seed, the #1 accounting solution built natively on the Salesforce Platform, announces a new partnership with Cloudteam Company. Cloudteam Company aims to drive change by providing customers with an entire end-to-end CRM and ERP landscape that helps customers work better, faster and smarter. As a Value-Added Reseller of Accounting Seed, Cloudteam Company brings Salesforce implementation expertise and years of accounting experience to Accounting S
During our Power Minute video series , my colleague Jeff Willinger and I have spent the last few months making a case for Power Platform as a fantastic Microsoft modern workplace tool for organizations of all sizes to unleash the innovation potential within their teams. Whether you’re already convinced that low-code/no-code with the Power Platform is part of your organization’s future, or the Power Minute helped you get ready to make that decision, your next step is deciding whether or not you n
Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.
The Inflation Reduction Act (IRA) of 2022 introduced monumental updates and additions to energy tax credits and incentives available to qualifying businesses. Deciphering how these incentives work and can benefit you can be complicated. Learning how to use and apply for these credits and how it can result in significant tax savings. Learning Objectives: Gain an understanding of the IRA’s purpose and impact Explore available energy credits and incentives Discover how to take advantage of availabl
Crowe LLP , a public accounting, consulting and technology firm in the U.S. with offices around the world, has expanded its tax service capabilities serving clients in the private equity, venture capital (VC) and hedge fund space with the recent addition of two new partners to the firm, Gev Khan , CPA, MBA, and Eric Evans , CPA. These new hires build on the firm’s recently announced expansion of private equity service offerings in Los Angeles and Boston.
Watch our video to learn more about the cost segregation study and how to take advantage of Section 179D and Section 45L energy tax credits. Commercial and domestic property owners and developers have a multitude of tax-saving opportunities available to your business to help your business reach its financial goals and increase cash flow. Determining which opportunities you can take advantage of can be challenging.
Six of the top seven public accounting firms in the U.S. by revenue were lauded by Forbes for having excellent management consulting practices. Forbes unveiled its eighth annual list of America’s best management consulting firms , which is accumulated through a survey of industry insiders and clients. Companies were evaluated within different consulting sectors (such as automotive, insurance, and health care) and the expertise in which they offer services (including leadership, sustainability, a
Documents are the backbone of enterprise operations, but they are also a common source of inefficiency. From buried insights to manual handoffs, document-based workflows can quietly stall decision-making and drain resources. For large, complex organizations, legacy systems and siloed processes create friction that AI is uniquely positioned to resolve.
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