Accounting Today
SEPTEMBER 25, 2024
Amid widespread adoption of traditional and generative forms of artificial intelligence, the looming question on the minds of many accountants is what diving deeper could mean.
Acterys
SEPTEMBER 25, 2024
Budgeting, planning, and forecasting (BP&F) is so much more than producing reports and spreadsheets — it’s an essential part of the strategic decision-making process. That requires clear communication of complex financial data to decision makers across the organization, as well as seamless collaboration with cross-functional teams. Excel and Power BI are powerful, yet accessible tools to facilitate that communication, but even small mistakes with a dataset can become a major risk when integ
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Accounting Today
SEPTEMBER 25, 2024
In an environment of constant change, simply managing change isn't enough.
CPA Practice
SEPTEMBER 25, 2024
A new program designed to enhance the accounting talent pipeline by offering an “earn and learn” opportunity at the entry level was unveiled on Sept. 25 by the AICPA & CIMA, which collectively form the Association of International Certified Professional Accountants. In the new Registered Apprenticeship for Accounting and Finance Associate program, apprentices will work directly for the participating organization and receive foundational and operational levels of CGMA Finance Leadership Progr
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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
Accounting Today
SEPTEMBER 25, 2024
FloQast announced it has rolled its entire solution portfolio into the new Accounting Transformation Platform, and added a few new ones on top of that.
CPA Practice
SEPTEMBER 25, 2024
The Financial Accounting Standards Board (FASB) released an exposure draft on Sept. 25 on a proposal that would clarify parts of its current guidance on hedge accounting and address several incremental hedge accounting issues arising from the global reference rate reform initiative. In 2017, the FASB issued Accounting Standards Update No. 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities , to “better portray the economic results of an entity
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
CPA Practice
SEPTEMBER 25, 2024
By Jessica Hill Las Vegas Review-Journal (TNS) Sen. Jacky Rosen introduced legislation today that would increase startup tax deductions when starting a new business. The Nevada Democrat, alongside Senate Committee on Small Business and Entrepreneurship Chair Jeanne Shaheen, D-New Hampshire, and Sen. Tammy Baldwin, D- Wisconsin, introduced the Tax Relief for New Businesses Act, which would increase the startup tax deduction from $5,000 to $50,000.
Accounting Today
SEPTEMBER 25, 2024
The National Conference of CPA Practitioners finalized the new slate of officers and directors for the 2024-25 term.
CPA Practice
SEPTEMBER 25, 2024
By Katie Kelton Bankrate.com (TNS) If you’ve ever found a stray gift card in your car’s glove compartment or the recesses of your wallet, you’re in the company of more than 2 in 5 U.S. adults (43%) with an unused gift card, gift voucher or store credit. Those unused gift cards add up—to $244 per person on average, according to a new survey by Bankrate.
Accounting Today
SEPTEMBER 25, 2024
Continuing professional education platform LumiQ has received a strategic investment from private equity firm Vertu Capital.
Advertiser: Paycor
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CPA Practice
SEPTEMBER 25, 2024
A new report published Wednesday by the Association of Chartered Certified Accountants (ACCA) says accounting professionals are taking the lead in shaping artificial intelligence and data strategies across businesses. Based on interviews and a survey of more than 900 accounting leaders who are already using AI, the report, The Smart Alliance: Accounting Expertise Meets Machine Intelligence, found 56% of practitioners said they had an advisory role in adopting AI, and 20% said they were the str
Accounting Today
SEPTEMBER 25, 2024
The proposed amendments would clarify guidance on hedge accounting and address issues that arose from the global reference rate reform initiative.
Going Concern
SEPTEMBER 25, 2024
This made the fringe cybersecurity news a few days ago: Deloitte got hacked. Again. And in a tremendously noobish way. SecurityWeek reports : The hacker known as IntelBroker announced late last week on the BreachForums cybercrime forum the availability of “internal communications” obtained from Deloitte, specifically an internet-exposed Apache Solr server that was accessible with default credentials.
Accounting Today
SEPTEMBER 25, 2024
The guide aims to help companies that are voluntarily applying ISSB standards and help them communicate their progress to investors.
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.
CPA Practice
SEPTEMBER 25, 2024
The Public Company Accounting Oversight Board (PCAOB) handed out penalties to four accounting firms—one in the U.S., two in Canada, and one in Switzerland—on Sept. 24 for violating U.S. auditing rules and standards related to communications that firms are required to make to audit committees. In addition, the audit regulator sanctioned an additional U.S.
Accounting Today
SEPTEMBER 25, 2024
The investigation is covering sales of the German accounting software giant's solutions to U.S. government agencies.
Withum
SEPTEMBER 25, 2024
I heard some election experts being interviewed, and they predicted that it is almost impossible for this election to end up with a President who will have both the Senate and House controlled by their party. Nothing is impossible! Right now, the majorities in the Senate and House are razor-thin. A strong showing by either presidential candidate can easily sweep a few Senators and into the winner’s circle.
Accounting Today
SEPTEMBER 25, 2024
Many accounting firms run up against the dreaded profit plateau for a simple reason: The owner is too involved.
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.
Insightful Accountant
SEPTEMBER 25, 2024
Kirsty Godfrey-Billy to step down on 31 March 2025 aer 9 years at Xero and 6+ as CFO
Ryan Lazanis
SEPTEMBER 25, 2024
Employee turnover is often caused by hiring people with the wrong traits. Discover the 3 traits I require in every team member we hire. The post The 3 Non-Negotiable Team Member Traits appeared first on Future Firm.
Insightful Accountant
SEPTEMBER 25, 2024
Insightful Accountant wants your input on Payroll Apps/Solutions that you may use, refer to your clients, implement for your clients, or you are certified in. Please take 5 minutes to complete a very brief 3 question survey.
CPA Practice
SEPTEMBER 25, 2024
Accounting software provider FloQast on Wednesday introduced its new Accounting Transformation Platform, which incorporates the Los Angeles-based company’s entire solutions suite, including FloQast Close, FloQast Compliance Management, and FloQast Ops. FloQast also unveiled new AI workflows to “deliver value throughout every step of the accounting journey,” the company said in a media release, including: Optimize the close Automate the close Connected compliance Integrated record-to-report In
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.
Insightful Accountant
SEPTEMBER 25, 2024
Our ProAdvisor Profile features are always a big hit, the problem is that too many of you are too shy, too self-conscious, or too busy to take the 3 or 4 minutes to fill out our profile survey. 'Find the time, and get over it' we want to know you.
LSLCPAs
SEPTEMBER 25, 2024
The State of California has enhanced reporting requirements for independent contractor reporting as compared to the Federal requirements and many companies are not aware of this. The most significant differences are the reporting deadlines and the need to report based on contracts, not just actual payments made. This article summarizes the essential information you need.
Insightful Accountant
SEPTEMBER 25, 2024
The current system of quarterly individual estimated tax payments poses significant challenges for taxpayers, particularly those in the gig economy. Recently, the California Lawyers Association Taxation Section proposed changes to the IRS to help.
CPA Practice
SEPTEMBER 25, 2024
Global employment platform Multiplier has launched its advanced Global Payroll solution, now part of the company’s Global Human Platform. The new product simplifies and automates payroll management across various countries and currencies, ensuring seamless, accurate, and timely payments for global teams from one centralized platform. “Today’s global businesses need more than just a payroll solution—they require a platform that can integrate smoothly with their international operations.
Advertiser: Paycor
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Insightful Accountant
SEPTEMBER 25, 2024
Human oversight and experience are as critical as technology in adopting AI in the finance function.
CPA Practice
SEPTEMBER 25, 2024
BILL announced on Wednesday new payment offerings for small to midsized businesses and accountants, including a new international payment option, Local Transfer, as well as enhancements to Instant Payment and Invoice Financing. “SMBs are increasingly facing more complexity as they make payments to vendors, partners, and customers both locally and around the world,” Mary Kay Bowman, executive vice president, general manager of payments and financial services at BILL, said in a statement.
Shay CPA
SEPTEMBER 25, 2024
Overhead is one of the fastest ways to increase your burn rate and shrink your runway. As a result, hiring the help you need usually feels like a major undertaking. You want to be sure you’re getting someone with the expertise you need so you can see ROI on their salary. At the same time, you want to make sure they’re a culture fit who’s bought into your startup’s mission.
Insightful Accountant
SEPTEMBER 25, 2024
In this exciting episode of the Xerocon Accounting Insiders Podcast, we were joined by Michael Wood, founder of Translucent, who shared how his latest venture is revolutionizing financial processes.
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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