Fri.Mar 31, 2023

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Customer satisfaction — it’s how Airbase continues to rank #1 on G2.

Airbase

Airbase is the highest-ranked mid-market spend management platform on G2 for the fourth quarter in a row! We hold the coveted top position on the Mid-Market Grid ® Report for Spend Management, Spring 2023. G2 classifies mid-market companies as those with 51 to 1,000 employees. And we hold the number two position overall for spend management, right behind Navan, who sits in the #1 spot for the Enterprise Grid.

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86% of Accountants Expect Technology to Drive their Firms’ Growth in 2023

CPA Practice

Technology continues to be a driver of growth for today’s successful accounting practices, and professionals know it, with a recent survey showing that 86% of respondents agree that technology will play a significant role in the growth and expansion of their practices in the next year. The survey was sponsored by Intuit Inc., a global financial technology platform that makes several professional, business and consumer tax and financial management systems.

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Friday Footnotes: EY Partners Are Split on the Split; PCAOB Further Annoys Auditors; Recruiting Events Are Back! | 3.31.23

Going Concern

Remember tomorrow is April Fool’s. We aren’t planning anything, every day is a joke for us. For nostalgia’s sake, here’s a look back on the time we wrote only about bitcoin and put a fake bitcoin paywall on the site for a couple hours. People did not enjoy that. Big 4 EY Fails to Reach Deal on Split [ Wall Street Journal ] The unexpected revolt that has upended the planned breakup of accounting firm Ernst & Young is being driven by two longtime U.S. auditors who belie

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West Virginia’s Largest Locally Owned CPA Firm Celebrates 50 Years

CPA Practice

Suttle & Stalnaker, PLLC, a full-service certified public accounting and consulting firm with offices in West Virginia, will celebrate 50 years of serving clients in and around the Mountain State in 2023. Suttle & Stalnaker, PLLC opened its doors in 1973 at the 4000 block of MacCorkle Avenue in Charleston, founded by Wallace F. “Jack” Suttle and David H.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

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.

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The Impact of Inflation On Nonprofits

GrowthForceBlog

7 min read The target inflation rate which is usually regarded as normal or acceptable is 2%, according to the Federal Reserve [1].

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How To Weigh ROI Vs. Cost When Making a Business Purchase

Randal DeHart

Deciding to purchase something to help your construction business is a big decision. It can be challenging to part with hard-earned money, especially in the early days. To understand the right time to invest by purchasing something for your business, you must calculate whether the Return on Investment (ROI) would be profitable. The cost is the money you spend making the purchase plus any indirect costs (such as training costs) related to the purchase.

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Local Man Offers Terrible Advice to Desperate New Mexico Taxpayers

Going Concern

Today is March 31, meaning there are 18 days left to file (198 days if you followed your CPA’s recommendation to kick the can down the road with an extension) and it is not the time to be shopping for a tax preparer. Add to that — and this bit is for any taxpayers who aren’t tax preparers reading this — this tax season in particular has been rough for clients.

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New Law Revamps Retirement Saver’s Credit

CPA Practice

If you recently entered the workforce, you may benefit from the “retirement saver’s credit.” Thanks to a special tax law provision, you can reduce your current tax bill by as much as $1,000 for single filers or $2,000 for joint filers when you make a contribution to qualified retirement plan, like a 401(k) at your first job. Similarly, this tax break may be available to someone else in the family, such as an adult child.

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iwoca research reveals top 5 SME concerns in 2023

Accounting Insight

As Chancellor Jeremy Hunt announced measures intended to lift the UK economy in the Spring Budget, data from iwoca highlights what small businesses were most worried about as they entered 2023. Small business lender iwoca’s latest SME Expert Index data – based on UK finance brokers who submit over 2,000 SME finance applications a month – reveals a third of experts (32%) report increased business running costs as small businesses’ top concern.

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Financial Accounting Standards Advisory Council Meeting Recap

CPA Practice

The Financial Accounting Standards Advisory Council ( FASAC ) held its quarterly meeting on Tuesday, March 7, 2023. The FASB chair provided highlights on FASB activities, and the SEC and PCAOB staff members commented on current issues and activities. Council members discussed the following topics. Definition of a Derivative : Council members discussed the Board’s research project on the definition of a derivative and provided input about potential refinements to the scope of Topic 815, Derivat

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

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.

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Carbon accounting 101: What is it and why you should do it

Accounting Insight

In recent years, or even just the last few days, you’ll no doubt have heard companies making big claims to be ‘carbon neutral’, ‘climate positive’ or to become ‘net-zero’ by a certain date. Noble, no doubt, but all a bit arbitrary unless backed by solid evidence. To add foundations to your ambitions, you need carbon accounting… What is carbon accounting?

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Top Reasons to Switch to Advisory Services and the Tools to Get You There

CPA Practice

By Kristen Keats, CPA. The accounting profession has been seeing a shift over the last several years where firms are moving away from compliance and leaning into providing advisory services year-round. This shift has been spearheaded by customers wanting more guidance and financial support from their tax professionals instead of only a tax return once a year.

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Ananda Lavingia, HR Manager, Award Winner

DMCL

Congratulations to our very own Ananda Lavingia , Human Resources Manager, for being chosen as a 2023 Moore North America Emerging Leader Award winner! Ananda is one of five recipients of this year’s award, selected from across the Moore North America network of firms for their contributions to Moore, their organization, their community and the accounting profession as a whole.

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AICPA Expresses Support for Bipartisan Supply Chain Disruptions Relief Act

CPA Practice

In a letter sent to members of the U.S. Senate and the U.S. House of Representatives, the American Institute of CPAs (AICPA) expressed its strong support for the Supply Chain Disruptions Relief Act. The bills – S.443 and H.R. 700 – led by Senators Sherrod Brown (D-OH) and Tim Scott (R-SC), and Representatives Jodey Arrington (R-TX) and Dan Kildee (D-MI) would allow automobile dealerships to choose to wait until as late as 2025 for their inventory to be replaced in order to determine the income a

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

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.

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Small business management challenges and how to overcome them: from marketing to HR

Reckon

“Managing a small business can be a rewarding experience,” says Grace Morris, Digital Content Specialist at Traqq. “With the right strategies and work policies, you can build a formidable brand, beat challenges, and scale your business.” There are more than 2 million small businesses in Australia , and if they share anything in common, it’s management challenges.

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The Technology Lab Podcast – Review of FloQast – April 2023

CPA Practice

Technologists Randy Johnston and Brian Tankersley, CPA, CITP, CGMA review FloQast , an accounting workflow automation solution, designed by accountants for accountants. Click here to visit the podcast page.

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Modernizing Manufacturing Operations & Visibility Across the Supply Chain

Cherry Bekaert

Thompson Tractor Company (Thompson) was founded in 1957 by Hall W. Thompson and employs more than 1,500 people throughout the southeast. This family-owned company is a full-line Caterpillar and Hyundai equipment dealer headquartered in Birmingham, Alabama. They specialize in the sales and rental of service and parts for earthmoving, construction, paving, forestry, electric power generation, on-highway truck, marine propulsion and material handling purposes.

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H&L: capitalising on the digital world

Menzies

Menzies LLP - A leading chartered accountancy firm. What do you need to look out for in this digital world? There are several digital elements that your H&L business can leverage, from Search engine optimisation (SEO), website development, user experience analysis, social media, Pay per click (PPC) campaigns and many more. But what are the quick wins and where should you reach out for additional support?

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8 Pillars of Leadership Development

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.

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UWorld Offers Scholarships for CPA Exam Review Course

CPA Practice

UWorld will award five scholarships through UWorld Cares , the company’s employee-led philanthropy initiative dedicated to helping students achieve their education and career goals. In this program, each scholarship covers the full tuition of UWorld’s Elite-Unlimited CPA Exam Review course , valued at more than $3,000. The recipients will be selected based on merit, extracurricular achievement, and financial need.

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Looks Like Deloitte Is Ditching Its Downtown Atlanta Office

Going Concern

Before anyone gets too excited, Deloitte isn’t going fully remote in Atlanta. Atlanta Business Chronicle reports Deloitte has not renewed its 260,000 square foot lease at 191 Peachtree according to loan documents reviewed by the Chronicle. It’s suspected that the firm is downsizing. Multiple sources with knowledge of the market say Deloitte is eyeing Midtown.