Mon.Aug 08, 2022

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How Do You Know When It’s Time to GTFO of Big 4? One Manager’s Opinion

Going Concern

Came across this on r/big4 this morning, let’s remember half of what you see on Reddit is just someone’s creative writing exercise and people who claim to make $200k/yr are often 14-year-old larpers but hey what kind of weirdo would pretend to be a Big 4 manager on the internet. Read on. I don’t think that this is talked about enough, and as a manager, I wanted to give my two cents on what I wish I was told back when starting my career.

Start-ups 107
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How to Reduce Absenteeism in the Workplace

Patriot Software

It’s a fact of any business: Employees occasionally miss work and absenteeism is going to happen. Sure, absenteeism isn’t always avoidable. But, there are steps you can take to reduce absenteeism in the workplace. 5 Ways to reduce absenteeism in the workplace Absenteeism is preventable if you’re willing to take a few steps to improve […] READ MORE.

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QuickBooks Desktop Price Increase with 2023 Scheduled Release

Insightful Accountant

QuickBooks Desktop Pricing will increase with the scheduled release of the 2023 products.

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Monday Morning Accounting News Brief: PwC Gets Fined; Big 4: What’s the Scam?; The IRS Straps Up | 8.8.22

Going Concern

Across the pond, PwC has been fined $2.12 million after the firm failed to properly challenge UK telecom group BT once a half-a-billion pound fraud was discovered in BT’s Italian operations: “The sanctions imposed in this case, where certain elements of the adjustments following a fraud were not subject to the required level of professional scepticism, underscore this message and will serve as a timely reminder to the profession,” Claudia Mortimore, deputy executive counsel at

Account 76
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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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Guardio Browser Security – A Cyber Security Synopsis

Intuitive Accountant

Guardio acts like an online bodyguard sitting in your browser to protect your browsing environments.

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Integration with Payment Platforms: a Short Feature Overview

Snyder

Why is integration with payment platforms so important? The world of e-commerce is growing at a fast pace. While digital payments are also on an uptrend, the fragmented nature of payment methods remains a problem. In addition to this, sometimes the complexity of integrating with different payment platforms makes it even more difficult for an e-commerce firm to accept digital payments.

More Trending

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7 Characteristics of Successful CAS Firms

Intuitive Accountant

Here's a look at how today's client accounting services (CAS) firms can build the right teams, streamline processes, adapt their pricing and billing models to find success, and more.

Account 52
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Tax Credit for Hiring New Employees

KROST

This is one of the articles in the KROST Quarterly Hospitality Issue, titled “Tax Credit for Hiring New Employees” by Kimberly Hoang, CPA. The restaurant industry took a massive hit during the pandemic. With statewide mandates enforcing closures, layoffs were necessary. As vaccines have become widely available, the industry is slowly making its way back Read the full article.

Tax 52
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What information can be calculated from Wendy’s 2021 trial balance?

Wendy Tietz

The Wendy’s Company (NASDAQ: WEN) is a fast-food chain and is a publicly held corporation. Wendy’s fiscal reporting periods consist of 52 or 53 weeks ending on the Sunday closest to December 31. Wendy’s 2021 fiscal year ended January 2, 2022, and its 2020 fiscal year ended January 3, 2020. To follow is a condensed […].

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Processes of Data Analysis

Snyder

One of the best and easiest ways to stay ahead of your competition in business is to use available data to come up with new ways of improving business processes. . This involves an in-depth analysis of raw data to generate actionable insights for business. But how do you analyze data to know what actions need to be taken to improve your business? Read on to learn the best processes of data analysis and the importance of data-driven analytics.

Maine 52
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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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Construction Fraud Cases

FraudFiles

What kinds of things can forensic accountants be involved in relative to construction fraud? A common area of fraud involves a general contractor using funds from a project to fund other projects. Also common is the construction company claiming a project is further along than it really is in order to get paid more than it is entitled to. Hear more in this video: When a construction project is delayed, the forensic accountant may be retained to calculate the losses due to the delay.

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Robert Brockman, software developer who fought IRS, dies

Accounting Today

Tax 98
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Crypto tax guide in Australia (2022)

Reckon

Crypto currency has exploded in popularity the world over. Whether used as an investment, store of value or to disconnect from the worlds fiat banking system, crypto is all the rage. Whether you’re already investing in currencies like Bitcoin or Ethereum, or perhaps considering dipping a toe in the pool, you need to understand the tax implications in Australia.

Tax 98
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Truckers must file 2290s by end of month

Accounting Today

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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

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HOW DO YOU TRADE NFTs SAFELY?

Menzies

Menzies LLP - A leading chartered accountancy firm. Despite the numerous reports saying the digital gold rush is over, NFTs are still around and developing into even more complex trading assets. Although there is currently no tax regulation regarding NFTs from HMRC, it is vital to remember that all profits generated from trading NFTs must be declared for tax purposes.

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KCoe Isom changes name to Pinion

Accounting Today

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Senate Passes Inflation Reduction Act

Withum

After a marathon weekend session, the Senate modified and passed the Inflation Reduction Act of 2022 on August 7 along partisan lines, with VP Harris casting the tie-breaking vote. The bill now moves to the House where it is likely to be approved this Friday, August 12. President Biden is expected to sign the bill shortly thereafter. The bill is significantly smaller in size than the Build Back Better Act that stalled in Congress last year.

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Donor-advised funds taking in more noncash assets like crypto

Accounting Today

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Rising Interest Rates and §163(j) Limitations – It’s About to Get Ugly

Withum

As the Fed tries to ease inflation by increasing interest rates, there’s a rather nasty tax issue lurking in the shadows. For businesses that issued floating-rate debt, the interest rate is about to increase significantly at the next reset date because the Fed just increased its benchmark interest rate by 75 basis points for the second straight month.

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U.S. Treasury sanctions cryptocurrency 'mixer' group over money laundering

Accounting Today

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The problem with (and cure for) FASB's CECL

Accounting Today

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Get ready for DAS

Accounting Today

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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

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Art of Accounting: Solo firm exit prospects

Accounting Today

Account 75
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Avalara to be bought by private investment firm

Accounting Today

Sales 75
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Here's what's in the Senate's tax and energy bill

Accounting Today

Tax 98
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Winners and losers in Democrats' signature tax and energy bill

Accounting Today

Tax 98
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Join the Instant Payment Revolution: Read 7 Must-Know Facts for Small Businesses

Technology evolves at lightning speed, and as finance keeps changing, instant payments emerge as a game-changer for small businesses. By 2030, instant payments are projected to surge by 289% and will become the new norm in financial transactions. Our whitepaper reveals seven must-know facts about instant payments, offering to help you navigate this financial revolution effectively.