Wed.May 11, 2022

Accountants Didn’t Wind Up In Court As Often In 2021

Going Concern

While there were plenty of accountants who behaved badly in 2021 , the accounting profession as a whole was fairly well-behaved and competent last year, according to a new report from Cornerstone Research. Good job, everyone.

Deloitte opens DEI Institute

Accounting Today

Diversity and equality Practice management Deloitte Recruiting


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The Top 22 Questions to Ask in an Accounting Interview

Ryan Lazanis

When it comes to finding the perfect accounting professionals for your accounting firm, make sure that you have the right questions to ask in an accounting interview in order to get a sense of their qualifications and experience.

CEOs who take risks with sports may do the same with taxes

Accounting Today

Corporate taxes Tax strategies Tax Tax research

The Emerging Spend Management Sector: Simplifying Your Accounting Processes

Speaker: Spencer Falbo, Principal at Kong Basile Consulting

In this webinar Spencer Falbo, Principal at Kong Basile Consulting will teach you how Spend Management can help to automate many of your processes thereby making your job as an accountant more efficient.

Salesforce B2B Commerce: Everything to Know

Accounting Seed

Salesforce B2B Commerce is among the most powerful and popular business tools on the market. Below, we define the features, benefits, and tips to make the platform work for you. Ecommerce as a sales channel has really picked up in the last decade.

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Three Financial Statements Skagit County SMBs Need To Get Right


If you’re a successful Skagit County business owner in this high-pressure time, you’ve learned to master the art of the pivot. Pivot on pricing, pivot on operations, pivot on hiring, pivot on supply, pivot on financials… Successfully pulling it off is impressive – really.

How to Calculate Net Pay for Payroll

Patriot Software

Employee salary: $50,000 a year. But you know that’s not what they’re walking away with. Between taxes and benefit deductions, the employee’s take-home pay could be far from the $50,000 sticker price (cue the sad violin). To find their take-home pay, you need to know how to calculate net pay.

Better than spreadsheets, and other tech stories you may have missed

Accounting Today

Technology Hardware and software

The Realities of Resolving Back Tax Debt

Accounting Web

IRS The Realities of Resolving Back Tax Debt

How Preparation and Strategy Can Be Used to Fight and Defeat Any Ransomware Attack

Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP

Through a detailed analysis of major attacks and their consequences, Karl Camilleri, Cloud Services Product Manager at phoenixNAP, will discuss the state of ransomware and future predictions, as well as provide best practices for attack prevention and recovery.

The new normal for CPA firms? Maybe not

Accounting Today

Types of Trusts


In the last article in our series , we covered the benefits a trust offers for creators and beneficiaries. In this article, we’ll dive into more detail about the types of trusts that can be established and the pros and cons. Types of Trusts. Revocable Trusts.

What a Sh*tty Way to Find Out You’ve Been Laid Off

Going Concern

Getting laid off sucks. It has happened to me twice in the past 23 years. I’ve also been fired once for poor performance, but unlike the two times I was laid off, I knew exactly when I was being fired.

Accounting software firm iplicit unveils new Automation Centre at Accountex

Accounting Insight

True cloud accounting software provider iplicit has today (11 May) launched its Automation Centre feature at Accountex.

Live Demo: Supercharge Your Month-End Close

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 processes can help you reach the next level of closing.

Your Firm and Your Upgrades – Throw It Out!

CPA Practice

Prepare to replace all your end-user hardware. The value proposition became clear when presenting at a conference in the past week. 2022 is the start of a massive wave of technology innovation. I have seen this type of wave a few times in my career. Firm Management

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Tax Benefits for Founders: Qualifying Small Business Stock (QSBS)

Shay CPA

As a founder, you’re probably going to issue yourself a significant number of shares in your company. The goal there, of course, is to make some (ideally, a large amount) of money down the road. But the amount you’ll be able to pocket hinges on how you handle your taxes.

Is now the best time to invest?


Menzies LLP - A leading chartered accountancy firm. Coronavirus and now the war in the Ukraine have had a huge impact on the global economy. While many people have seen the value of their pensions and investments fall, the wise amongst us may see this as a buying opportunity while prices are lower.

Hacks and Smart Practices for a Much-Needed ECommerce Business Boost


The COVID-19 pandemic dramatically influenced the eCommerce industry, driving rapid growth as more consumers entered the digital marketplace.

Happily Ever After: Core Guiding Principles to Achieving a Fairy Tale Month-End Close

Happily Ever After doesn’t just happen, except of course, in fairy tales. Hard work alone is not enough for month-end close best practices. It requires discipline, teamwork, and the right tools. All of this is within reach. Discover how your organization can achieve a Happily Ever After close.

What is a Balance Sheet vs. Income Statement?


Balance sheets and income statements are indispensable financial tools for all business owners. What should businesses know about the balance sheet vs. income statement? The two complement each other in tracking vital financial metrics such as net income, expenses, profitability, and more.

Recognizing the Red Flags of Fraud


People who steal from their employers often exhibit telltale characteristics that could tip off management that they’re likely to commit fraud. These characteristics include attitudes on the job, daily work habits, and personal lifestyle issues.

Azure AD Connect 1.x Is Retiring – What You Need to Know 


Earlier this spring, Microsoft announced that they are?retiring retiring and ending support?on on all Azure Active Directory (Azure AD) Connect 1.x versions. On August 31, 2022 , all 1.x

41% of U.S. Workers Reporter Increased Burnout

CPA Practice

Burnout is a growing issue for many workers, including those who have flexible schedules, new research from talent solutions and business consulting firm Robert Half shows. In a survey of more than 2,400 professionals in the U.S., 41% of respondents. Payroll

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Perfecting the Close Checklist

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Let’s get up close and personal with balance sheet reconciliations to better understand the purpose behind this activity, so often taken for granted. Let’s rediscover the power of reconciling the balance sheet, the best way to approach the work, and the pitfalls to avoid when preparing or examining reconciliations.



“Learning experiences are like journeys. The journey starts where the learning is now and ends where the learner is more successful. The end of the journey isn’t knowing more, it’s doing more.” ” – Julie Dirksen. I have been thinking about training. You attend an internal, tax update training session and you learn so much. Then what? You go to (or attend online), a state CPA society course and you learn so much. Then what?

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General Ledgers at Scaling New Heights 2022 (Part 1)

Intuitive Accountant

Murph tips his Stetson to a few of the General Ledgers appearing at this year's 'Scaling New Heights.' And when a guy tips his Stetson, it's like he's acknowledging the other party's existence

Deep Dive into Profit-Sharing Plans: Employee Stock Ownership Plans

Summit CPA

Employee stock ownership plans (ESOPs) are a unique type of profit-sharing plan , in that they also serve as a qualified retirement program. ESOPs are a way to incentivize employee performance by allowing staff members to invest in their respective companies.

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Updates from First AccountingWeb Summit Live

Intuitive Accountant

Liz Scott provides an up close and personal look at the events, the people and the vibe from California

Airbase Presents: Off the Ledger LIVE! — Small Teams. Big Impact.

Speaker: Panel Speakers

Airbase invites you to virtually join our inaugural one-day conference inspired by, and in support of, Off the Ledger — a Slack community of over 3,300 finance and accounting professionals. Learn how your finance teams, big or small, can have the greatest impact.

How to forecast revenue and growth

Basic 365

Future business planning is based on your business revenue forecast. Therefore, it is essential to estimate how much money you will make each year, how much cash flow you expect, and what kind of growth your business might experience.

NextGen Legal Podcast


Join Us on Our Next Episode. The legal market is shifting rapidly as the next generation of lawyers and professionals assume leadership roles throughout the industry. What impact will these fresh perspectives and new ways of doing business have on the industry?

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How to Build a Better (Customer Experience) Mousetrap


Guest Contribution from Fortis. Prior to the pandemic, if your business preferred sending paper invoices and accepting/using paper checks to process accounts receivables, your customers accepted it or found another vendor that offered other ways to pay.