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Accounting workflow software is an investment, and before going all in, you’d probably like to know what the return will be. The vague, non-technical, CliffsNotes answer to that question might look something like this: a lot—your ROI will be a lot.
Holiday time already? In many states, sales tax holidays have been in full swing this year and will continue for months to come. Some of the deals are long-standing; others have been trotted out by lawmakers claiming to want to help constituents weather inflation. These holidays are limited times (frequently weekends) where a state allows sales tax to be eliminated or reduced on categories of consumer products.
Our careers and work are an integral part of our lives and even play a role in how we view ourselves and our identity. We spend, on average, 90,000 hours, Read More. The post 3 Ways Startups Can Cultivate Positive Mental Health in the Workplace appeared first on Burkland.
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.
Cryptocurrencies are on the rise, but many investors don’t understand the tax treatment and impacts of these digital currencies. If you’re already investing or looking into investment opportunities, now is the time to familiarize yourself with current tax reporting requirements and wash sale rules before they apply to cryptocurrencies. What is a Wash Sale?
After joining INSIDE Public Accounting (IPA)’s list of Top 100 firms at #100 in 2021, Anders jumped 11 spots in 2022 to #89. The IPA Top 100, 200, 300, 400 and 500 recognize the top U.S.-based accounting firms based on net revenues. This is IPA’s 32nd annual ranking of the largest accounting firms in the nation. Anders rose through the ranks of the Top 200 firms for many years and broke into the Top 100 list in 2021 with 2020 firm revenue of $43.5 million.
Today is August 2 and KPMG is turning 125! Way to prove the naysayers wrong as they pointed and jeered and insisted that we’d be down to just three Big 4 firms by the end of the 2010s. YOU GO, KPMG. Don’t listen to those haters. There’s a press release because of course there is: KPMG LLP, the U.S. audit, tax and advisory firm, is celebrating its 125th anniversary on Aug. 2.
Looking for a remote software solution alternative that offers more bang for your buck? Depending on your exact requirements, Splashtop might be what you've been waiting for.
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.
Deloitte Consulting might be picking up a new client: the downtrodden of Los Angeles County. ABC7 reports : Los Angeles County’s nonprofit “211LA” hotline to health, human and social services is on the verge of being turned over to a private company, pending a vote by the county’s Board of Supervisors. The supervisors are slated to vote Tuesday on whether or not to transfer control of the phone service to Deloitte Consulting, which would get a seven-year, $67.25 million c
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(c) Matthew G. Bisanz, CC BY-SA 3.0 via Wikimedia Commons. After Forbes reported in early July that starting a month earlier, tax professionals had noticed a higher-than-usual volume of CP-14 notices — the type typically issued when a taxpayer has a balance due on their account — the IRS has finally admitted that this is a systemic issue.
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With The Great Resignation accelerating staffing challenges for accounting firms of all sizes, it might be time to look for a non-traditional new hire: technology. Many firms have historically employed dedicated staff to manage specific manual tasks and processes. In fact, it’s how most entry-level positions start out—entering trial balance data into engagement software, formatting financial statements, or scanning spreadsheets for inaccuracies.
Even as accounting firms emerge from the COVID-19 pandemic with a new appreciation for technology’s ability to enable remote work and seamless collaboration, a new challenge has surfaced. The mass exodus of employees from the workforce—known as The Great Resignation—is impacting the accounting profession and leaving firm managers scrambling to find quality staff.
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.
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Last week we reported on BDO USA’s stellar fiscal 2022, as the firm raked in just under $2.5 billion in revenue —a nearly 25% increase over 2021’s revenue of $2 billion. At the end of last week’s post, we wondered whether BDO’s large revenue gain would benefit employees during comp conversation time. Well, the 2022 BDO comp thread is out on r/accounting , so let’s take a look. .
The following CalCPA Service Awards were presented at CalCPA’s Annual Meeting July 28: Outstanding Accounting Educator Award Dr. Gary Schneider, CPA CSU, Monterey. The post CalCPA BUZZ: Service Award Winners Announced appeared first on Hot Topics.
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A notable portion of today’s accounting curriculum in college is dedicated to teaching aspiring accountants how to use current accounting technology. When Gen Z talent head out into the real world, they have an expectation that their employers will be using—at a minimum—the tools they learned in school. And many graduates are likely looking forward to learning even more advanced technology on the job.
Accounting is not dependent on the size of the company. It is equally essential for all businesses. Financial aspects are important to businesses as they provide insight into their finances and help them make informed decisions. Larger companies usually have a team of qualified accountants and bookkeepers who help them achieve accuracy and maintain proper accounting.
You’re doing a bank statement reconciliation (aka the process of comparing your bank statement to books) like normal. But, things don’t add up. Suddenly, you realize the discrepancy is because there’s a large charge on your statement … but not in your books. Where’d this come from? I never spent this! And indeed, you haven’t—you’ve […] READ MORE.
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