Tue.Dec 06, 2022

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Beware of this trap if you use social media as an accountant

Mark Lee

Accountants may not always be who they say they are online. If ever accountants needed proof that different social media platforms attract different people I think we now have it. A recent report in The Times revealed something quite shocking about the hashtag accountants. On reading this I then referenced the report on Linkedin and learned that I am certainly not alone in my ignorance.

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Computer Software Costs: How Does Your Business Deduct Them?

RogerRossmeisl

These days, most businesses buy or lease computer software to use in their operations. Or perhaps your business develops computer software to use in your products or services or sells or leases software to others. In any of these situations, you should be aware of the complex rules that determine the tax treatment of the expenses of buying, leasing or developing computer software.

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Tax pros blast IRS's 'nearly nonexistent' priority phone service

Accounting Today

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PwC Declares a Poaching War on EY

Going Concern

As EY continues to hammer out the details of the audit and consulting split, PwC has set its sights on adding EY partners to The New Equation. Lots of EY partners. In October, PwC Global Chairman and 2012 Going Concern Hottest Accounting Firm Leader winner Bob Moritz told the Financial Times in no uncertain terms that his firm would be stealing as many senior managers as they can get from EY, an extra disrespectful move given the critical talent shortage at that level.

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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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So, You Think Accountants Are Boring?

Intuitive Accountant

FloQast's award-winning workplace comedy series returns for Season 2 on Dec. 6. Check out the new trailer here.

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AICPA offers $1M in scholarships for 2023

Accounting Today

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More Trending

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PCAOB fines KPMG $7.7M in three countries for audit violations

Accounting Today

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Getting Ready for Top 100 – Certifications Part 1

Intuitive Accountant

Returning to our 'Getting Ready for Top 100' series, Murph is beginning a new set of stories on the impact of certifications and credentials on Top 100 scoring.

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Our top 10 tax stories of 2022

Accounting Today

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Get your NZ payroll fit for the festive season

Xero

As we near the end of the year and begin to wind down for the summer break, it’s a good time to make sure you’ve got your payroll sorted. We get asked lots of payroll questions around this time of year so here are the answers to the most common ones. How do I pay my employees all their holiday pay? It’s not possible to pay out holiday pay as such. The holiday pay figure in Xero shows 8% of an employee’s total gross earnings for their current anniversary year.

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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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Public sector should adopt green budgeting, says ACCA

Accounting Today

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Christmas holiday office hours at Wellers for 2022

Wellers Accounting

The festive season is upon us! A reminder as to our working hours during the holiday period.

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The role of contingent labor in accounting firms set to expand in 2023

Accounting Today

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International Volunteer Day: Contributing to our communities

Xero

Monday 5 November was International Volunteer Day, which is all about celebrating the power and potential of contributing to the communities in which we live and work. It’s also about raising awareness on the important role volunteers play in responding to challenges facing the world. At Xero, we actively encourage volunteering through our Community Connect program, which gives all employees one fully paid day each year to volunteer for a cause that’s important to them.

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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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Crypto increases use of tax loss harvesting

Accounting Today

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5 Ways to Your Firm's Story

Intuitive Accountant

Cytron and Company's Scott Cytron takes a deep dive into what it takes to get your firm's story in front of the people who matter.

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Skills and pay mismatch could hamper firm stability and growth, warns IRIS

Accounting Insight

IRIS Software Group is urging firms to be extra vigilant with colleagues during busy season or risk firm stability and growth.   . The new survey found a third of firm leaders are struggling to find people with the right skill set to fill vacant roles. Yet, the cost-of-living crisis is driving candidates to ask for higher salaries, with 32.5% of respondents saying inflated salary expectations is a major issue they’re facing when it comes to talent and retention. .   .

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Apparently Interns Are Flocking to PwC to Learn More About … HR

Going Concern

Getting an internship at PwC is a pretty big deal for college students looking to pursue a career in accounting or consulting. But in human resources? Apparently so, according to the latest ranking of the best HR internships for 2023 by Vault and Firsthand. Only five companies ’ internship programs made the list for 2023. Coming in behind SAP and Home Depot and ahead of Centene and Union Pacific is P.

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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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ODWBN – Tax Planning for Property Owners: 2022 Year-End and Beyond

Withum

With legislation that breathes new life into expiring tax incentives and the beginning of planned sunsets for others, changes to existing tax incentive programs are a hot topic. Understanding these changes and the timeframe to act to take advantage of available tax incentives is key. Meanwhile, energy incentives remain an area of focus in the real estate space.

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The rise of ESG accounting and what it means for auditors

ThomsonReuters

The Rise of ESG. The spotlight on environmental, social, and governance (ESG) continues to intensify as businesses are increasingly being called upon to disclose more about their ESG performance and strategies. ESG, as we now know it, began to take form in the mid-2000s; however, the philosophy that drives it has been around much longer. Today, the ESG landscape is more mature in Europe and other parts of the world compared with the United States.

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Dear IT Pros, Please Don’t Hate on Citizen Developers

Withum

For the last few months, I have been speaking at meetups and conferences on how to engage, support and govern citizen developers within Microsoft’s Power Platform. For the most part, my audiences have been IT professionals focused on the GOVERN part of the conversation because they realize they have not put the right guardrails in place, and they are playing catchup.

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How to Find the Best Real Estate Accounting Software for Your Business

Snyder

Real estate investing is a very lucrative field that allows you to take advantage of the rising housing market and increase your net worth. However, it needs a lot of management work. There are many different aspects of owning property – from leases to taxes – that need to be kept in check. If you have multiple properties, trying to keep track of it all with manual spreadsheets or an Excel file can become overwhelming.

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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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Steps To Prepare for the 2022 R&E Capitalization Requirement

Withum

A new and significant deduction limitation for research and experimental (R&E) expenses takes effect in 2022. The ability to expense R&E spending, coupled with the research and development (R&D) tax credit , are two important ways the tax code incentivizes businesses to make this critical investment. However, under the December 2017 Tax Cuts and Jobs Act (TCJA), R&E expenses are no longer deductible in 2022; instead, taxpayers are required to capitalize and amortize their Section

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Self-Assessment: don’t forget to declare COVID-19 payments

Inform Accounting

HMRC is reminding taxpayers that they must declare COVID-19 payments in their tax return for the 2021 to 2022 tax year. These grants are taxable and should be declared on tax returns for the 2021 to 2022 tax year before the deadline on 31 January 2023. The Self-Employment Income Support Scheme (SEISS) application and payment windows during the 2021 to 2022 tax year were: SEISS 4: 22 April 2021 to 1 June 2021.

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AvidXchange Helping QBO Customers Increase Payment Efficiency

Intuitive Accountant

The new offering helps customers who rely on QuickBooks Online, a fully automated, end-to-end, cloud-based AP and payment solution.

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Remote meetings getting shorter, more frequent

Accounting Today

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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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Major Compliance Trends to Follow in 2023

Intuitive Accountant

ADP Senior Counsel Samantha Munro and Eric Ruden show you how to successfully navigate and manage the ever-evolving world of employment law, and more. Sign up for the webinar here.

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Financial Due Diligence During the M&A Process Can Reveal Hidden Tax Liabilities

Anders CPA

During a merger or acquisition, determining the cost of acquiring assets or equity requires a thorough understanding of the financial due diligence process. As a part of this process, taking a close look at all tax liabilities and implications is an important step. When considering a business purchase or sale opportunity, many will consider the federal income tax implications but overlook the state and local sales taxes.

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Right Networks, SmartVault Team on Document Management

Intuitive Accountant

Accounting firms and their clients can access the No. 1-rated secure file sharing and client portal in the Right Networks cloud environment.

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What in the World Is Day Sales Outstanding (DSO)?

Patriot Software

Do some of your customers pay on credit? If so, do you know how long it takes your business to collect payments from said credit sales? If not, it’s time to get to know day sales outstanding (DOS). Learn all about day sales outstanding and how to calculate DSO like a pro below. What is […] READ MORE.

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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.