Tue.Feb 25, 2025

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Unlocking Value in Mergers & Acquisitions: Synergy Risks to Realization

Withum

Identifying and realizing synergies is the cornerstone of a successful M&A transaction. The path to realization can be challenging, with many known and unknown obstacles that must be managed swiftly and effectively. In part two of this series, well discuss common risks to synergy realization as well as how to proactively implement mitigation strategies to address these risks.

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Mastering Financial Planning, Budgeting, and Tracking KPIs: Essential Strategies for CFO Success ​

Acterys

This Acterys bite is a quick preparation guide to financial planning, budgeting, and tracking KPIs for Chief Financial Officers (CFOs). It covers essential strategies for success in these areas, including setting financial goals, forecasting revenues and expenses, and monitoring progress toward those goals. This guide will help CFOs effectively manage their organizations financial resources and achieve long-term financial stability.

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Creating a Scalable Chart of Accounts for an AI Startup

BurklandAssociates

Building a scalable Chart of Accounts for your AI startup means aligning standard accounting practices with the unique challenges of a fast-evolving sector. The post Creating a Scalable Chart of Accounts for an AI Startup appeared first on Burkland.

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How to Plan Your Company’s Inventory Levels for Maximum Efficiency​

Acterys

As the CFO, it is your job to ensure that the company has enough inventory on hand to meet customer demand. This can be a difficult task, as you must strike a balance between holding too much inventory (which ties up capital and incurs storage costs) and not enough inventory (which can lead to lost sales). Here are some tips to help you plan your companys inventory levels.

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

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Survey Shows Adults Who Learned Financial Literacy as a Kid are More Likely to Get Raises

CPA Practice

People who grew up with a strong financial education were more likely than others to successfully negotiate their pay later in life once they started their careers.

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Don’t Let Excel Spreadsheets Kill Your Business​​

Acterys

The collapse of FTX is causing investors to rethink their evaluation process when determining the viability of an organization. FTX successfully raised $2 billion with an Excel spreadsheet (Source: How to raise $2 billion with a sloppy Excel spreadsheet | Fortune ). If youre still using Excel spreadsheets to consolidate your financial information, its time to stop.

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Why Revenue Planning is like Dating​

Acterys

Revenue planning can be a tricky business. Youve got to forecast how much money youre going to make, and then determine how you will allocate this revenue against expenses and potential investments. Its kind of like dating- it takes some effort, but if you plan well, the payoff can be great! Revenue planning is an essential part of any successful business.

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Consumer Confidence Dropped Sharply in February

CPA Practice

February's fall in confidence was shared across all age groups but was deepest for consumers between 35 and 55 years old. The decline was also broad-based among income group.

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xP&A: The Key to a Successful Workforce​

Acterys

Make sure your workforce is planning for success with Acterys xP&A. This powerful tool provides workforce analysis and planning that will help you optimize your team and reach your business goals. Dont miss out on the power of Acterys xP&A! When it comes to workforce planning and analysis, effective management is essential. This involves coordinating staffing levels, identifying skills gaps, and ensuring that personnel needs are aligned with organizational goals.

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PwC Israel fined $2.8M for exam cheating

Accounting Today

The PCAOB censured the firm, imposed a $2.75 million fine and instituted quality control requirements.

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Live Demo - Supercharge your Month End Close

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

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Acterys and ChatGPT: The Dynamic Duo of Planning and AI​

Acterys

ChatGPT and Acterys are two powerful tools that can work together to revolutionize the way businesses operate. ChatGPT, a machine learning model by OpenAI, can generate natural language text based on a given prompt, while Acterys is a cloud-based platform that automates financial processes and creates advanced financial models. Together, these technologies can automate financial tasks, such as generating financial reports and creating advanced financial models like forecasting and budgeting.

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The 30 cities that put off their taxes the most

Accounting Today

Seattle has the most tax procrastinators in 2025, according to a recent study.

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Hooters Restaurants May Be Headed for Bankruptcy

CPA Practice

Hooters is reportedly working on a bankruptcy plan that would allow the restaurant chain to restructure and manage debt.

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Introduction To Cloud Accounting

Ace Cloud Hosting

You might have been hearing the word cloud a lot recently and in a lot of different contexts. Cloud accounting is now a buzzword too. Have you been curious about.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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Zimbabwe firms brace for hyperinflation accounting under ZiG

Accounting Today

The southern African nation's difficult operating environment recently led to the exit of global accounting firms Deloitte LLP and PwC LLP.

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“Tooth Fairy” Poll Shows Drop in Value

CPA Practice

The average value of a single lost tooth during the past year declined by 14%. This marks one of the most significant year-over-year declines in Tooth Fairy giving since the poll's inception.

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IRS COO named acting commissioner

Accounting Today

Treasury Secretary Scott Bessent named Internal Revenue Service chief operating officer Melanie Krause as acting commissioner after the retirement of Douglas O'Donnell.

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Tax Court Rejects Self-Employment Claim by Freelance Movie Critic

CPA Practice

Generally, self-employed individuals are required to pay annual self-employment tax, the equivalent of FICA tax for employees, on most business earnings.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. 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 (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). 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.

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PICPA offers guide to recruiting and compensation

Accounting Today

The Pennsylvania Institute of CPAs released a report analyzing how firms can attract and retain talent amid the accountant shortage.

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Avalara Amplifies Efforts for Governments and the Public Sector

CPA Practice

Governments can look to streamline tax administration to support transparent tax administration for constituents and businesses, while remaining budget conscious.

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Lease accountants get new designation

Accounting Today

The Lease Accounting Institute launched the Certified Global Lease Accountant training program and professional designation.

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Americans Don’t Trust Self-Driving Cars Says AAA Survey

CPA Practice

A national survey by AAA released Tuesday found that six in 10 drivers report being afraid to ride in a self-driving car, and interest in the technology is down to 13% compared to 18% in 2022.

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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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The shiny object trap

Accounting Today

How can you stay focused on your most important business problems without being distracted by the shiny objects?

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Acumatica 2025R1 - "New" Field Service Functionality

Insightful Accountant

More comprehensive project-specific functionality and lot/serial inventory tracking awaits Acumatica 2025R1 users.

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In the blogs: Judge for yourself

Accounting Today

Refunds without taxes; bouncing BOI; never too late for an Employee Retention Credit; and other highlights from our favorite tax bloggers.

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Let's All "Be Insightful" Today

Insightful Accountant

Join Murph, Gary and guest Kimberly Noh for today's "Be Insightful" webinar.

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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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Tracing Digital Assets in Divorce (Cryptocurrency)

FraudFiles

Everyone is asking about cryptocurrency and NFTs (Non-Fungible Tokens) in divorce. More and more people are investing in and using cryptocurrency, and it could be an important asset that needs to be accounted for during the divorce. In some cases, one spouse has made or lost a lot of money trading crypto, and that has [.

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Expensify Launches Travel to All Customers

Insightful Accountant

Expensify Travel, the all-in-one corporate travel management tool, is now available to every Expensify member following a successful early release to select customers.

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Former IRS chiefs warn of tax season delays

Accounting Today

A group of former commissioners at the Internal Revenue Service is sounding the alarm about the thousands of layoffs at the agency in the midst of tax season.

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Avalara Launches Redesigned Portal

Insightful Accountant

Avalara has made significant changes to the Account Overview page within the Avalara Portal in order to provide a simplified and improved customer experience.

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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.