This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Just under two years sounds like quite a long time. But then time hasn’t exactly flowed to its natural rhythm over the past couple of years. With lockdowns in place, days stretched for an age. Then, days, weeks and months whizzed by in a hurry as pubs, shops and restaurants reopened. Suddenly, it’s mid-2022. How did that happen? . While here may not be the best place to ponder the ebb and flow of time, it is worth bearing in mind when assessing the April 2024 starting date for Making Tax Digital
As I’m sure you’ve heard by now the profession is having trouble recruiting future CPAs. Accounting student numbers aren’t critically low yet but fewer and fewer graduates are taking the CPA exam, an issue that keeps AICPA President, CEO, and 1982 Hank Marino Invitational Winner Barry Melancon’s psychiatrist up at night Googling “effective treatments for insomnia.” This issue is called “ the accounting pipeline problem ” and expect to hear about re
EOFY 2022 is coming up fast which means tax time is looming…. If you’re a business owner, the ATO requires entities of all sizes to file their tax documentation before 30 June 2022. This means you need to start getting your ducks in a row now. As you may well be aware, each financial year runs between 1 July – 30 June. So, whether you’re a sole trader, SME, or a larger firm, you should be looking to ensure you lodge all necessary documents on time.
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.
Want to claim 401(k) tax credits worth up to $16,500? Ready to attract and retain employees with a better benefits package that lets them save for retirement? If so, you might be interested in starting a 401(k). But to do that, you need to know how to set up a 401(k) in your small business. […] READ MORE.
In our last article in this series, we covered the different types of trusts that can be established. In this article, we’ll discuss uncommon trusts that can be utilized. Other Trusts That Can Be Established Blind Trust The trustees of a blind trust manage the assets in the trust without the beneficiaries’ knowledge. The beneficiaries 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.
Every business should have a chart of accounts. If you’re wondering what exactly that is, we have you covered. We’ll explain everything you need to know and include an example chart of accounts below. Note, if you use Xendoo for your accounting , we can set up and maintain your chart of accounts for you. . What Is the Chart of Accounts? A chart of accounts is a list of all the accounts and financial transactions for your business in one location.
While the final school bell of the year is music to every kid’s ear, for most parents the end of the school year means it’s time to figure out their summer childcare situation. Day camps, sports schools, overnight camps and in-home care are all great options for ensuring your child is taken care of while out of school, but it’s important to know the limits on claiming any associated expenses as childcare expenses.
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.
While the e-commerce industry keeps growing throughout 2022, the growth is visibly slowing down. Global uncertainty due to the pandemic and uneasiness caused by the war in Ukraine results in supply chain disruption for manufacturers and retailers. Simultaneously, inflation makes prices go up, negatively affecting consumers’ purchasing power. And while economists don’t predict an immediate global recession yet , they still warn consumers to prepare for more stagflation (a combination of lower gro
Internationally renowned ProAdvisor Esther Friedberg Karp takes a deep dive into Jonathan Haidt’s book, "The Happiness Hypothesis." See why you control your own happiness.
What is Ignite Spot anyways? We get asked that question a lot, so this week's video is our attempt to answer it. No accountants, that we know of, were harmed in the making of this film.
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.
Download a PDF of this case study. Manual Processes to Streamlined Digitization. Executive Summary. Ke’aki Technologies contacted Withum for help with digitizing their accounts payable (AP) invoice approval processes were inefficient and also at risk of losing data. We worked with GSCAN, an Artificial Intelligence (AI)-powered and cloud-based document scanning and capturing solution that integrates with SharePoint Online, to improve the process and go paperless.
Every decision you make when you own a small business can significantly impact how it does. A small business must do many things to remain afloat in these times of new companies popping up online and in brick-and-mortar locations. It is vital to monitor every aspect of your company. If you aren't educated, things can spiral out of control. You know as an entrepreneur that you must be prepared for everything.
Tax calculations can be tedious and complicated, and if you’re not careful, your Shopify store might run into legal troubles. To prevent that from happening, we’re here to answer another popular question asked by many new Shopify store owners–do you need an EIN for Shopify? Let’s dive in! What Is an EIN? EIN is an acronym for Employer Identification Number.
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.
In case you haven’t heard, I created the Divorce Money Guide to make forensic accounting more accessible to people getting divorced. The Divorce Money Guide is a 10-step online handbook for those in the process of of divorce who suspect their spouse has hidden money or spent it inappropriately, but who are unable to hire a forensic accountant.
When it comes to leadership, former OSU Buckeye Maddy McIntyre hits it out of the park. Born and raised in San Diego and a seeker of adventures (from surfing to softball!), she shares her latest professional endeavors along with insight on the next generation of leaders. When it comes to leadership, former OSU Buckeye Maddy McIntyre hits it out of the park.
Credit: Sean Pollock When it comes down to it, looking at the difference between a C-Corp and S-Corp is a matter of structuring the business properly for tax purposes. Both business tax structures provide reduced personal liability, an important part of running a successful company. While there are other differences, the main difference between a C-Corp and S-Corp is whose income gets taxed.
When it comes to leadership, former OSU Buckeye Maddy McIntyre hits it out of the park. Born and raised in San Diego and a seeker of adventures (from surfing to softball!), she shares her latest professional endeavors along with insight on the next generation of leaders. When it comes to leadership, former OSU Buckeye Maddy McIntyre hits it out of the park.
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.
QuickBooks is the 800-pound gorilla of accounting software with regular annual updates. QuickBooks 2022 new features are out, and many of the new features have a big impact on businesses of all sizes. This guide lays out not just QuickBooks Enterprise 2022 new features but also QuickBooks Desktop 2022 new features. Features Waiting for Business Owners In Quickbooks Desktop Plus 2022 QuickBooks Desktop is one of those software platforms that doesn’t get nearly enough attention now as everything
“ You wouldn’t worry so much about what others think of you if you realized how seldom they do.” – Eleanor Roosevelt. “You can’t please everyone.” – Now, that is a common phrase that I have certainly used often in my life and my career. If you are a baby boomer, you might remember the lyrics from a Rick Nelson song titled Garden Party.
QuickBooks is the 800-pound gorilla of accounting software with regular annual updates. QuickBooks 2022 new features are out, and many of the new features have a big impact on businesses of all sizes. This guide lays out not just QuickBooks Enterprise 2022 new features but also QuickBooks Desktop 2022 new features. Features Waiting for Business Owners In Quickbooks Desktop Plus 2022.
Financial Times boldly suggests that because of constant financial scandals accounting programs need to do a better job of teaching students not to screw up. “These scandals have intensified concerns that a poorly developed approach to teaching behavioral, as opposed to technical, skills is reducing ethical standards and professional independence,” writes FT.
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.
We organize all of the trending information in your field so you don't have to. Join 237,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
98 
Let's personalize your content