Thu.Aug 04, 2022

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The recovery loan scheme returns! What you need to know

Wellers Accounting

Ben Brookes FCCA , details the return of the government recovery loan scheme.

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Acterys Power BI App Contest: The Dashboard Challenge Begins!

Acterys

Calling all Acterys partners! It is time to unleash the Power BI wizard in you – wield your magic staff to build and showcase outstanding dashboards. Acterys is bringing you, the first of many to come, the Acterys Power BI App Contest. Use this opportunity to boast your skills and expertise in building stunning reporting and analytic solutions using Power BI.

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Trending Sources

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Marketplace facilitators: Your latest Q. and A.

TaxConnex

We talk a lot about nexus and compliance processes in our content, but what about marketplace facilitators? In this blog we answer your top questions about marketplace facilitators. What is a marketplace facilitator? This is a business or organization that contracts with third-party businesses to sell goods and services on its platform and facilitates retail sales.?

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Acterys Hackathon: The Power BI Dashboard Contest Begins!

Acterys

Calling all Acterys partners! It is time to unleash the Power BI wizard in you – wield your magic staff to build and showcase outstanding dashboards. Acterys is bringing you, the first of many to come, Acterys Hackathon. Use this opportunity to boast your skills and expertise in building stunning reporting and analytic solutions using Power BI. About Acterys Hackathon.

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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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Taxpayer advocate appeals IRS decision to delay scanning tech

Accounting Today

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Mistakes Happen

Withum

Yesterday there was a bruhaha over a politician’s misstep followed by a bungled apology. If you follow New York City politics, you likely know what I am referring to. If you do not, then the details and who said it are not important. What is important is that someone misspoke, and when confronted with it, she gave an apology that made it worse. Everyone makes mistakes.

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More Trending

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5 Ways to Get More Qualified Leads

Intuitive Accountant

To cold call or not to cold call? DOCUDavit Solutions' Sid Soil answers the question with how you generate quality engagements the right way.

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Limits of cloud tax solutions driving decision makers to edge

Accounting Today

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FRC Head Tells Firms to Stop B g About Audit Fines and Just Git Gud, Scrubs

Going Concern

FT reports that Financial Reporting Council CEO Sir Jon Thompson has a strong message to firms upset about getting hit with fines for bad auditing: git gud. Accountants should stop complaining about extra scrutiny and fines for audit failures and improve the quality of their work, said the head of the sector’s UK watchdog, which imposed record financial sanctions on the industry last year.

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VNC Connect – A Remote Support Software Synopsis

Intuitive Accountant

VNC Connect lets you accelerate your business with secure remote desktop access and support for a connected world. It offers a free personal version and inexpensive business subscription plans.

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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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Treasury Analyst Who Stole Hundreds in Designer Clothes Was Sleep Deprived and Temporarily Lost His Mind

Going Concern

A Spanish-born analyst living in Dublin who lifted designer duds from a department store told a judge he had no idea what came over him. Twice. Independent.ie reports : An accountant had a “moment of madness” when he shoplifted hundreds of euros worth of designer clothes that he could have afforded to buy. Alvaro Miguelena (36) was suffering from sleep loss due to back pain and was at “a low ebb” when he carried out two “irrational” thefts in the same store.

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Tax Fraud Blotter: Quit while you're ahead

Accounting Today

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A Petition to Fire SEC Chair Gary Gensler Has Almost 25,000 Signatures

Going Concern

“Al from Boston” and 23,919 other individuals would like to see SEC Chairman Gary Gensler gone, namely for obstruction of justice, incompetence, and screwing over retail investors. From the change.org petition : SEC Chairman Gary Gensler is complicit in criminal activities perpetrated by Citadel Securities, Citadel the Market Maker in naked short selling and dark pool abuse.

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FASB reports on investor outreach efforts

Accounting Today

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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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Accounting Automation Should Be A Top Priority - Here's Why

AccountingDepartment

The GDP fell another 0.9% (annual rate) in the 2nd quarter, signally the economy is now heading toward full recession, as the economic conditions continue slowing. Businesses are struggling to fill vacancies and supply chain disruptions are still the norm. With diverse challenges today, automation is a more valuable tool than ever before.

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Transforming tax for two: Spin-offs and the tax function

Accounting Today

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Has Your Business Been Hit Hard? 8 Tips on How to Solve Supply Chain Problems

Patriot Software

First it was COVID shutdowns. Then it was the Ever Green wedged in the Suez Canal (remember that?). Now, it’s a national shortage of truck drivers, warehouse space, and shipping containers … and it’s impacting businesses nationwide. Close to 96% of small business owners report that supply chain disruptions have impacted their business. Has it […] READ MORE.

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Compensation Watch ’22: Did RSM US Share the Wealth with Employees?

Going Concern

The 2022 comp thread for RSM US is out on r/accounting, and it ’s pretty meaty—just like the Omaha Steaks the firm’s been giving to employees. Also meaty was RSM ’s revenue for its 2022 fiscal year, which according to Accounting Today’ s 2022 Top 100 Firms ranking, was $3.13 billion, up nearly 11% from 2021’s result of $2.87 billion. Many RSMers already benefited a bit from the firm ’ s record-setting revenue by getting a mid-year pay bump.

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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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How to Prepare Your Company for Ongoing Change

GrowthForceBlog

8 min read. Coming out of the pandemic and global lockdowns, businesses have faced no shortage of unexpected challenges that started with not only copious adjustments to meet new public health and safety standards but also fears of war with Russia's invasion of Ukraine, supply chain issues, and worker shortages.

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How an Accountant Future-Proofed His Firm

Accounting Web

Practice Excellence How an Accountant Future-Proofed His Firm.

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'Don't panic!' What tax pros are telling clients about recession

Accounting Today

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The Six Weapons of Influence

Intuitive Accountant

Internationally renowned ProAdvisor Esther Friedberg Karp takes a deep dive into how adopting these tactics will help navigate life's inherent complexities.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

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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Stop issuing small equity ownership pieces

Accounting Today

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Recession-Proof Your Business with These 5 Strategies

LSLCPAs

There will always be peaks and valleys while building a business. Sometimes, world events can impact your bottom line—like gas prices and consumer spending. While these may feel beyond your control, there are a few actions that can mitigate the long-term effects of these short-term realities. The positives can be difficult to see during challenging.

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5 advantages of customizable accounting software

Accounting Today

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Bank of England raises interest rates… again.

Inform Accounting

New just in - the Bank of England has announced the largest increase in interest rates in 25 years, from 1.25% to 1.75%. This is the highest rate since the global financial crisis in December 2008 when interest rates reached 2%. With initial predictions estimating inflation to increase 11% by the end of the year, and other forecasts suggesting this could be as high as 15%, this increase comes as an attempt to slow the rate of inflation down.

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How to Set Better OKRs and Drive Results

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.

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Starting up new revenue streams: what does it involve?

Menzies

Menzies LLP - A leading chartered accountancy firm. Today’s climate is an ideal time for owners and managers to optimise their revenue streams and consider introducing new ones. However, it is extremely necessary to take customers’ needs into account alongside any potential financial impacts on the business. The pandemic has pushed some owner managers into rethinking their business plans, including how they generate revenue.

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IRS Announces Indexing Adjustments for 2023 ACA Affordability and Premium Tax Credit Determinations

ThomsonReuters

Rev. Proc. 2022-34, 2022-33 I.R.B. (Aug. 15, 2022). Available at [link]. The IRS has announced 2023 indexing adjustments for important percentages under the Affordable Care Act (ACA). The required contribution percentage is used to determine whether employer-sponsored health coverage is “affordable” for purposes of employer shared responsibility under Code § 4980H.

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Bank of England: Bank Rate increased to 1.75%

Accounting Insight

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 3 August 2022, the MPC voted by a majority of 8-1 to increase Bank Rate by 0.5 percentage points, to 1.75%. One member preferred to increase Bank Rate by 0.25 percentage points, to 1.5%.

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But Who’s Counting? Episode 10: Identifying and Preventing Fraud to Keep Your Profits Out of the Wrong Pockets

Anders CPA

It’s estimated that companies will lose about 5% of annual revenue to fraud or $4.7 trillion globally. While we dug into how the pandemic created opportunities for fraud in a previous episode, there is so much more business leaders and owners need to be aware of to prevent fraud before it’s too late. In this episode of the But Who’s Counting?

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Automation, Evolved: Your New Playbook for Smarter Knowledge Work

Speaker: Frank Taliano

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.