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In the ever-changing realm of accounting, adaptability, and innovation have become the foundations of success. Elizabeth Manso, CPA and owner of Brigade , was able to sit down with us for an interview and elaborate on how her firm embraces change and thrives in doing so. With a team of 13, Elizabeth's accounting firm takes a comprehensive approach, catering to small businesses bookkeeping, accounting, and advisory needs.
*pic not of the actual office, those are at the bottom Deloitte UK has officially announced its new ‘future of work’ office in Edinburgh , Scotland, ‘future of work’ in scare quotes being their choice not ours. The new digs are 16,383 sq ft of space at 9 Haymarket Square, a new, mixed-use development that includes “ Grade A offices, a 349 bed 4-star hotel and a mix of eateries all arranged around a public square.” And 433 people in green T-shirts soon, too.
IRS warnings about a "wave of summer scams" and new business rules designed to combat fraudulent claims for refundable credits are among the latest developments.
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.
Seton Hall University and Withum announced a pilot program today aimed to ease the burden of fulfilling the 150 credit hours requirement for accounting students. The CPA Pathway Apprenticeship supports the AICPA and NABA’s initiative to help alleviate barriers for students considering a career in public accounting. This program gives students the opportunity to earn the extra credits needed to hold their Certified Public Accounting license upon passing the exam, gain first-hand public accounting
By Tim Grant, Pittsburgh Post-Gazette (TNS) Only a handful of Connolly Steel & Co. clients were dabbling in cryptocurrencies five years ago. But the number of clients buying and selling cryptocurrencies—digital money that can be used in online transactions and theoretically cannot be governed by any centralized authority, such as a government—has grown to a point where the Avalon, PA-based accounting firm had to invest in software that keeps track of cryptocurrency trades for tax purposes.
By Tim Grant, Pittsburgh Post-Gazette (TNS) Only a handful of Connolly Steel & Co. clients were dabbling in cryptocurrencies five years ago. But the number of clients buying and selling cryptocurrencies—digital money that can be used in online transactions and theoretically cannot be governed by any centralized authority, such as a government—has grown to a point where the Avalon, PA-based accounting firm had to invest in software that keeps track of cryptocurrency trades for tax purposes.
In the recently decided case of Farhy v. Commissioner , the U.S. Tax Court determined the IRS’s efforts to collect assessments for failure to file Form 5471 were unlawful. On July 12, 2023, the IRS filed notice of its intention to appeal the Tax Court’s ruling. The article addresses questions taxpayers might have about Farhy as the case heads into appeals.
A new survey sheds light on accountants’ ideal on-the-job state, the role of technology in their future, and recommendations for their employers. Commissioned by FloQast, the Controller’s Guidebook – When Accountants Dare to Dream research found that most accountants recognize that their employers need financial transformation to drive strategic business performance, and in many cases, a lack of on-the-job fulfillment gets in the way of that reality.
Our M&A and Capital Markets Principal, Paren Knadjian, has been invited as a panelist to speak at the Mission Matters MxM Future of Healthcare Practices Talk on August 17th. The event will be held at ScaleHealth in Los Angeles from 1:30pm to 6:30pm. In attendance will be healthcare professionals, doctors, investors, and the media. The Read the full article.
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.
By Ben Demers, Kiplinger Consumer News Service (TNS) As inflation slowly recedes from last year’s highs, many Americans are still struggling to pay their bills. Newly released data from Bank of America reveals concerning signs that retirement savers are increasingly borrowing from their 401(k)s to make ends meet. Growing 401(k) hardship and loans Bank of America (BoA) recently released its 2023 Q2 “ Participant Pulse ” report, which tracks the retirement saving behavior of over 4 million America
What are you doing to address the industry's talent crisis? The Center for Accounting Transformation is conducting a study to find out what's being done. See how your data can help.
A Top Technology Initiative Article. During a recent CPA firm technology assessment, I repeatedly heard the term software exhaustion. The firm had tried to innovate with lots of tools and platform changes in a short time without a strategic plan in place. The fundamental software changes were good, but the execution? Not so much. We have seen this more frequently this year than in the past.
Murph begins a series of 'peeks' into the new features and functionalities on the way in the 2023 Release 2 update to NetSuite. Here, he looks at A/P and Bill Capture enhancements.
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.
Technologists Randy Johnston and Brian Tankersley, CPA, discuss client data security and the new FTC Safeguards Rule: IRS Pub 4557. Use the podcast player below to listen. Transcript (Note: There may be typos due to automated transcription errors.) SPEAKERS Randy Johnston, Brian F. Tankersley, CPA.CITP, CGMA Randy Johnston 00:03 Good day. Welcome to the Technology Lab.
This session provides government officials with a foundational understanding of the definitions, tools, and frameworks used in evaluations. The session also highlights for government officials how the federal government has prioritized evidence and evaluation in recent stimulus funds, including specific examples from ARP, IIJA, and IRA. Presenters share Results for America’s ARP Dashboard and discuss the themes that emerged from studying thousands of ARP Performance Reports and share recom
Accounting firms spent almost four-times as much implementing Artificial Intelligence (AI) systems in the past year as law firms and other professional services organizations, according to the latest research by Moore Global and the Centre for Economics and Business Research. The Moore Global study reveals mid-cap accounting and finance businesses each spent $1.6 million on AI over the past year, almost four times the figure for law and professional services, which stands at $480,000, and slight
Many state and local governments have received more federal funding in the last three years any other three-year period. This course will cover how to strengthen your grants management processes within your organization to handle this increase in funding to maximize efficiency bolster internal controls over compliance. We will then discuss specific changes you can expect for your 2023 Single Audits based on new funding sources and changes in the 2023 compliance supplement.
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.
As part of the seemingly endless battle to attract and retain talent, U.S. employers are making enhancements to their nonqualified retirement plans for key executives and highly paid employees, according to a new survey by leading global advisory, broking and solutions company WTW. The vast majority of large U.S. employers currently offer nonqualified retirement plans to executives and high-income earners.
Protecting children is top of mind for most families and for the public institutions that support them. However, public education is highly budget-constrained, with the bulk of funding going to teacher salaries. Protecting educational information, though, is one place where Federal privacy and cybersecurity regulations are strong and uniform across the U.S.
Where data reigns supreme, it’s easy to forget the human side of accounting. We’re all drawn to the power of data analytics and the insights they can provide. But there’s more to being a successful accounting professional than crunching numbers. Relational accounting, the art of genuinely connecting with your clients, is a vital aspect that shouldn’t be overlooked.
Come get a closer look into diving into data on your clients, tasks, capacity, and time. We'll explore how you can quickly spot trends, set up alerts, schedule reports, drill down, utilize custom formulas, build dashboards, and make better, data-driven decision as a result.
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.
Client onboarding is a critical process that comes with its fair share of challenges. In this episode, I explained the importance of the client onboarding process and shared four tips on how to streamline it. Listen Below. 0:48 – My best clients, those who remained and built strong relationships with my firm, were consistently those who had a seamless and stress-free onboarding. 1:32 – Automated processes can be overly impersonal and robotic, lacking the human touch.
In today’s fast-paced and ever-changing business landscape, distribution and warehousing companies face numerous challenges, like increasing customer demands, intensifying competition, and managing and optimizing complex supply chains for efficient and agile solutions. Let’s explore why cloud ERP adoption is vital for modern distributors and warehouses in today’s environment.
Financial Times reported yesterday that TPG Capital — “a leader in the alternative asset space” — approached EY to discuss the possibility of the PE firm getting a piece of the firm’s consulting business through their own version of a split: TPG outlined its plan for a debt-and-equity deal to separate the consulting arm from EY’s audit business in a letter sent to the firm’s global and US bosses.
This session discusses GASB pronouncements that have been issued and will be effective this year and in years to come. We also discuss ongoing GASB projects and their potential impacts on state and local government organizations. Learning Objectives: Understand GASB pronouncements yet to be implemented. Identify challenges when implementing GASB 96 and potential solutions.
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.
A well-earned summer holiday is something many of us seek. But it can sometimes be tricky to balance our need for relaxation while ensuring business matters run smoothly. This is a reality deeply familiar to those working in accountancy. Whether it’s being unable to truly switch off or running deadlines to the wire before leaving the office, there may be a perception that holidays actually cause more stress for accountants than it’s worth.
Studies show that the state and local government workforce has not returned to pre-COVID levels. Combine that with the shrinking pipeline of accountants, especially in the governmental realm, and many state and local governments are having to do more with less than ever before. This course evaluates the current landscape for governmental finance and accounting functions, identifies the potential current and future impacts of this shortage on their government and communities, and shares best prac
The latest 'Controller’s Guidebook' from FloQast reveals that 60% of accountants would give their on-the-job fulfillment a C grade or lower. See what else the survey says.
Contributor: Auropon The finance office needs to change to be more predictive and strategic instead of being reactive. The key to delivering effective services to citizens is understanding the full cost of these services. This course discusses the importance of identifying and allocating indirect costs and developing Cost Allocation Plans to deliver services successfully.
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.
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