Tue.Apr 29, 2025

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Why Data Accessibility Should Be A Priority In A Business's Accounting Strategy

AccountingDepartment

In today's fast-paced business environment, ensuring data accessibility in accounting can be the game-changer for your company's success.

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Tariffs and sales tax

TaxConnex

Tariffs have been in the headlines recently. What is the relationship between tariffs and sales tax? Essentially, tariffs are fees nations impose on each others imported goods and services. Tariffs are one way to rectify perceived imbalances in cross-border trade. American tariffs are almost as old as the country itself, but the current administration in Washington recently leveled them on a quantity of nations rarely, if ever, seen before.

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CTM CPAs & Business Advisors Joins Its Practice With Withum

Withum

Withum expands Midwest presence and strengthens franchise practice and services. Withum is excited to announce that on May 1, 2025, CTM CPAs & Business Advisors, a public accounting, tax and business consulting firm, headquartered in Lincolnshire, IL, joined its practice with Withum. CTMs four partners and approximately 50 team members will remain at their current Lincolnshire office located at 1 Overlook Point, Suite 19.

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Registration Opens for Ensuring Success 2025: Up to 14 Hours of Free Streaming CPE Sessions in 2 Days – Dec. 10-11

CPA Practice

Ensuring Success is a 2-day, free online CPE conference that lets you earn up to 14 hours of CPE credits from your office or anywhere else. Dec. 10-11, 2025. Register now.

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Live Demo - Supercharge your Month End Close

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 close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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The Role of Convertible Debt and SAFEs in Fundraising

BurklandAssociates

Convertible debt or SAFE? Learn how these popular tools affect your valuation, dilution, and investor dynamics. The post The Role of Convertible Debt and SAFEs in Fundraising appeared first on Burkland.

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Power & Functions of Goods and Service Tax Appellate Tribunal (“GSTAT”)

VJM Global

The Goods and Services Tax Appellate Tribunal (GSTAT) is a specialized body set up under the Central Goods and Services Tax (CGST) Act, 2017, to handle appeals and disputes related to Goods and Services Tax laws in India. After a long wait, the Government has finally clarified the procedure and structure of the GST Litigation process on 24th April, 2025.

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Switching 401(k) Providers – How to Change Recordkeepers, Custodians and Payroll Providers 

Anders CPA

Switching your 401(k) plan providers can be a complicated affair. Changing to a new recordkeeper, custodian or payroll provider can have a direct impact on your 401(k) plan audit , requiring thorough planning to keep both current and upcoming audits moving smoothly along. Careful documentation and clear communication with your 401(k) plan auditor can help your audit stay on track, but following the best practices below can prevent avoidable issues in the first place.

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How to create an effective prompt to give your AI research assistant

ThomsonReuters

Jump to What is the CREATE method? Breaking down your prompt using the CREATE method How the CREATE prompting method can help tax and accounting professionals Transform your firm with the CREATE prompting method As a tax and accounting professional, you’re no stranger to the importance of accurate and efficient research. With the rise of GenAI research assistants, you now have the power to streamline your workflow and unlock new levels of productivity.

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Using Data to Manage Resources & Grow Your Firm

Canopy Accounting

In the final part of this four-part series, accounting technologist Liz Scott explores how to use Canopy Insights to unlock firm-wide visibility and smarter decision-making. Youll learn how to identify team capacity, monitor task progress, analyze service profitability, and create custom reports that drive growth. From dashboards to AI-generated answers, this session helps you turn data into a strategic advantage.

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Firms Keep Lying About the ‘Talent Shortage’ So They Can Hire in India to ‘Solve’ It

Going Concern

Get a load of this article Reuters published today: A short excerpt: U.S. accounting firms including RSM US, Moss Adams, Bain Capital-backed Sikich and Apax Partners-backed CohnReznick are expanding their operations in India to tackle an acute shortage of accountants at home. “This could be the breakthrough moment for public accounting firms in India,” Balaji Iyer, managing partner at Moss Adams India, told Reuters. “Right now, the U.S. is facing a significant and growing short

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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Automations & Templates: How to Revolutionize Your Workflows

Canopy Accounting

Ready to save time and scale your firm? In part two of this four-part series, accounting technologist Liz Scott explores how to use automation and templates in Canopy to streamline your workflows. Youll learn how to identify repeatable processes, build task templates, automate client emails and requests, and delegate work with confidence. From onboarding to payroll to monthly bookkeeping, this session helps you eliminate busywork and build systems your team can rely on.

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Tax pros embrace AI, fear missing out more than losing jobs

Accounting Today

There has been a seismic shift in attitudes toward generative AI among tax and accounting professionals, according to a new report by Thomson Reuters.

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Future-Proofing Your Business: Embracing Agility and Innovation

Accounting Insight

In the current business environment, organisations face numerous challenges that require innovative and flexible solutions. Leveraging external expertise has become a winning strategy for thriving in the long run. The recent UK Spring Statement underscored the importance of addressing resilience and adaptability, detailing strategies to assist businesses in navigating market fluctuations effectively.

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The myth of automatic referrals: why good work alone isn’t enough

Mark Lee

Ask 100 accountants where their best new clients come from, and 99 will say “referrals.” The 100th probably didn’t hear the question because they were too busy chasing a late-paying client. Its no secret: word-of-mouth introductions to the right sort of new clients can be gold dust for accountants. A decent referral comes ready-wrapped in trust.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. 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 (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). 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.

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Get the Most Out of Canopy: Your Setup Guide for Success

Canopy Accounting

Before you can automate or scale, you need the right foundation. In this kickoff to her four-part series, accounting technologist Liz Scott shares how to set your firm up for success in Canopy. Youll learn how to define roles, assign users, set billing rates, and build repeatable task structuresgiving your firm the clarity, efficiency, and profitability it needs to grow.

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AuditBoard Launches AI Governance Solution

CPA Practice

This solution enables customers to fast-track their AI risk management programs and drive responsible AI innovation and adoption at scale.

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Roveel and DB Computer Solutions Extend Partnership to Enhance Reporting for SMEs using Sage 200

Accounting Insight

Roveel, the Norwich-based financial reporting software company, is proud to announce an extension of its existing partnership with DB Computer Solutions , one of Irelands leading providers of business technology solutions. This collaboration is set to transform how SMEs access and utilise their financial data for Sage 200 customers, enabling smarter, faster decision-making and operational excellence.

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Low-Income Housing Credit Bill Back in the Mix for Tax Package

CPA Practice

A bipartisan duo is reintroducing a popular measure this week that would expand the low-income housing tax credit with an eye toward including it in Republicans budget reconciliation package.

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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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Going Paperless: Why It’s No Longer an Option but a Necessity in 2025

Ace Cloud Hosting

Imagine a typical busy day at an accounting firm. It starts with frantically searching for a missing receipt buried under piles of paperwork. Frustrated, you wonder why so much paper.

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Deloitte: Tax Executives Emphasize Transparency, Digitalization Amid Uncertainty

CPA Practice

A new Deloitte survey found that transparency and digitalization continue to be key priorities for tax leaders around the world, while sustainability is having a bigger impact on companies in the midst of ongoing regulatory uncertainty.

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Student interest in accounting rises

Accounting Today

Total interest in accounting careers has risen across Hispanic, Asian American Pacific Islander and white students since 2021, while Black students have shown a small decrease in interest.

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New Tax Cuts Mostly Favor the Rich Across States This Year

CPA Practice

Most states' tax systems already put a higher tax burden on lower-income households, but that trend only accelerated in this year's legislative sessions, worrying advocates who want to see the rich pay a larger share.

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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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Take a look at what’s new at Accountex London 2025

Accounting Insight

Accountex London is returning to Excel on 14-15 May 2025. Alongside 300+ software suppliers and countless networking opportunities, the education programme is packed with exclusive industry updates. Topics include everything from practice growth strategies and developments in AI to ESG, AML and Making Tax Digital updates from HMRC ahead of the 2026 deadline.

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Aprio Snags SND Partners in California

CPA Practice

The top 30 firm is expanding its presence in California by acquiring SND Partners, a Lafayette, CA-based accounting firm specializing in Affordable Housing Tax Credit and Housing and Urban Development audits.

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PCAOB chair fights proposal to shut down audit regulator

Accounting Today

Public Company Accounting Oversight Board chair Erica Williams warned about legislation that would eliminate the board.

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Xero Partners with Bill to Add Online Bill Payments for U.S. Users

CPA Practice

Xero and BILL are helping small businesses to streamline their accounts payable and make cash flow management even easier and more accessible.

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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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Cybersecurity – The Biggest Challenge CPAs Must Prepare For in 2025

Ace Cloud Hosting

In 2025, cybersecurity will no longer be a secondary concern for CPAsit will be an urgent and essential part of their broader business strategy.

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PacketWatch and Eide Bailly Form Strategic Alliance

CPA Practice

The modern digital landscape requires comprehensive services that combine cutting-edge technologies with cybersecurity expertise and business strategy.

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Patriot Software Bolsters Its Time & Attendance With Geotagging

Patriot Software

Patriot Softwares powerful new geotagging feature gives employers map-based visibility of where their employees are punching their time cards. Canton, Ohio Patriot Software is proud to announce the launch of a powerful new time card feature, Geotagging, now available in its time and attendance software, Patriot Time.

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PCAOB Adds New Datasets for Audit Firm Inspection Reports

CPA Practice

The new downloadable datasets, which contain public inspection information from reports on audit firms going back to 2018, are machine-readable and can be used to analyze PCAOB inspection findings.

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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.