Mon.May 09, 2022

article thumbnail

IRS destroyed 30M paper information returns due to backlog

Accounting Today

article thumbnail

Financial Benchmarks for SaaS Startups, a Self-Assessment Tool

BurklandAssociates

One of the most frequent questions Burkland CFOs receive from our SaaS startup clients and their investors is, “how do we compare to other SaaS startups?” It is a good Read More. The post Financial Benchmarks for SaaS Startups, a Self-Assessment Tool appeared first on Burkland.

Account 336
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Private equity in accounting

Accounting Today

Account 105
article thumbnail

How can APIs help modernize accounting firm technology

ThomsonReuters

Technology has helped tax and accounting firms to streamline their processes and automate countless time-consuming manual tasks. Firms regularly bring on new tools to address a specific business need. As new software versions become available, however, it can create a situation where some older software may no longer be able to communicate with the new ones.

article thumbnail

You upgrade everything else. Why not your close process?

You wouldn’t keep using a 2009 flip phone - so why settle for outdated close processes? It’s time for an upgrade. SkyStem's Guide to Month-End Close Software walks you through what today’s best tools can do (and what your team shouldn’t have to deal with anymore). Get smart, fast, and a whole lot less stressed when it’s time to close the books.

article thumbnail

Avalara releases tax tool for property managers

Accounting Today

Tax 98
article thumbnail

How to Advise Clients who Fear Market Volatility

Accounting Web

Practice How to Advise Clients who Fear Market Volatility.

98

More Trending

article thumbnail

Compensation Watch ’22: Big 4 Firm With the Most Negative Publicity In the U.K. Tries to Change All That By Giving Staff Raises of At Least £2,000

Going Concern

If you’re a regular visitor to this website, it shouldn’t be too hard to figure out which Big 4 firm we’re referring to: Carillion, loads of fines from the Financial Reporting Council, chairman’s rant leads to his resignation, Carillion, “unacceptable” bank audits, partners who are bullies, lawsuits, and layoffs. And did we mention Carillion? Yes, of course, it’s KPMG.

audit 98
article thumbnail

Art of Accounting: Employee unionization

Accounting Today

Account 98
article thumbnail

An introduction to APIs: Are they right for your accounting firm’s tech stack?

ThomsonReuters

Of all the lessons learned during the pandemic, the need for reliable, anywhere/anytime business connectivity may have been the most startling—but arguably the most beneficial. Efficiency is one of the pillars of success in business. And efficiency is dependent, in large part, on streamlining processes as much as possible. Enter Automation. Automation can be an uncomfortable term for tax and accounting professionals.

article thumbnail

PCAOB sets members for new advisory groups

Accounting Today

audit 98
article thumbnail

AI In Accounting: A Practical Roadmap For Smarter AP

Speaker: Gerald Ratigan

The accounts payable (AP) function is evolving and AI is leading the charge. As finance teams face rising invoice volumes and expectations for speed and accuracy, AI-powered automation has shifted from a futuristic concept to the most practical solution. But for finance leaders, success isn’t just about selecting the right tools, it’s about implementing the right strategy.

article thumbnail

Study: Clients Want Accountants Who Use the Latest Technology | Canopy

Canopy Accounting

As accountants, you know the importance of client satisfaction—they are the backbone of your business after all. Wouldn’t it be nice to know what was going on inside their heads? Thanks to new research you can! Canopy commissioned a study that examines accounting client expectations.

article thumbnail

Johnston: Quantity is winning over quality

Accounting Today

article thumbnail

What Is a Highly Compensated Employee?

Patriot Software

If your company offers retirement plan options, you have to ensure each employee can benefit equally from the plan. To do this, you must consider who is a highly compensated employee (HCE). Not familiar with highly compensated employees? No worries—we’ll go over the HCE definition, how to determine who is classified as a highly compensated […] READ MORE.

payroll 97
article thumbnail

Deloitte announces partnership with TaxBit

Accounting Today

article thumbnail

Stop Budget Burnout: A Better Way to Grow Your Nonprofit in 2026

Speaker: Sean Yoder

Nonprofits are under more pressure than ever to demonstrate financial accountability while continuing to expand their impact. Traditional budgeting models often fall short, reinforcing silos, limiting flexibility, and stalling growth. Enter collaborative budgeting: a dynamic, team-driven process that enables smarter resource allocation and builds financial resilience at scale.

article thumbnail

How does outsourced accounting work?

Basis 365

A recent survey by Intuit , the makers of QuickBooks, found that 89% of small-business owners believe they have more success working with an accountant. So what does this look like? And how can you find one? There are many options available, so it is crucial that you choose the right one. Of course, you can always hire a full-time, dedicated accountant.

Account 94
article thumbnail

FASAB proposes changes in federal lease accounting

Accounting Today

Account 98
article thumbnail

Baker Tilly RSG becomes the first BT Canada member firm to reach platinum partner

Xero

We’re thrilled to announce Baker Tilly RSG as the first platinum partner in the Baker Tilly (BT) Canada Network, one of the country’s largest independent accounting networks, and also the first platinum partner in the Edmonton region. . Baker Tilly RSG has nearly 40 years experience supporting communities across Alberta with expert accounting and tax services.

article thumbnail

GASB releases omnibus guidance updating various standards

Accounting Today

article thumbnail

Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

article thumbnail

Practical People Management Series

Menzies

Menzies LLP - A leading chartered accountancy firm. The People Solutions team are hosting a series of webinars on common people management challenges, providing practical advice and guidance on how to successfully navigate these. We share our knowledge and best practice tips whilst discussing some real-life examples from our many years of experience.

article thumbnail

SEC extends comment period on climate disclosure rules

Accounting Today

Account 98
article thumbnail

Thank You Xero - Future Forward Sponsor

Intuitive Accountant

Xero boasts that over 100,000 partners use their accounting software to collaborate, automate and access client records any time. They are also a sponsor of Future Forward.

article thumbnail

The Frontier: Small firms pick up big-firm tech

Accounting Today

article thumbnail

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

article thumbnail

How Top 100 ProAdvisors Embrace Their Productivity Groove

Intuitive Accountant

We recently asked our Top 100 ProAdvisors a few questions about their business practices. Here's a look at how they remain productive and grow as a practitioner.

52
article thumbnail

Our Opinion on Software Solutions for GASB 87 Reporting

LSLCPAs

Introduction We just held LSL’s Annual GASB update, and we spoke to several government representatives who are still trying to decide if a software solution for GASB 87 lease reporting makes sense for their agency. We say DO IT! And, SOON! Here’s the number one reason: the deadline is fast approaching, and unless your staff. The post Our Opinion on Software Solutions for GASB 87 Reporting appeared first on LSL CPAs.

cpas 52
article thumbnail

QuickBooks Online Advanced is Live in Canada

Intuitive Accountant

The wait is over and internationally renowned ProAdvisor Esther Friedberg Karp is here to show you some of the cool features you can expect to find with this QBO product.

article thumbnail

Accountex London puts focus on Cryptocurrencies

Accounting Insight

You will have heard of the term cryptocurrency, but what does it mean? . Accountex will get you up to speed on all things crypto, on the 11-12 of May at ExCeL London. It is Europe’s definitive event for accountancy and finance professionals, with over 9,000 attendees and 250 global brands and start-ups. . This year the spotlight is on fintech, and the programme has been curated to feature sessions and exhibitors who are already thriving in the cryptocurrency space.

article thumbnail

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.

article thumbnail

A/P Sponsors at SNH 2022 (Part 2)

Intuitive Accountant

Murph wraps up his look at the sponsors of Accounts Payable Apps at 'Scaling New Heights 2022' in Orlando, Florida.

article thumbnail

U.S. bans accounting services to Russia in added sanctions

Accounting Today

Account 98
article thumbnail

Thank You Liscio - Future Forward Sponsor

Intuitive Accountant

Liscio is a modern, secure, mobile solution for firms to communicate with clients and exchange sensitive information, eSignatures, and documents on the go. Liscio is also a Future Forward 2022 sponsor. Thanks Liscio!

52
article thumbnail

Mistakes Happen

RitaKeller

“The public seldom forgive twice.” – Johann Kaspar Lavater. When I first joined a CPA firm, I was actually amazed at the lengths the partners and staff went to assure that the work they did for the clients was absolutely correct. At that point in my life, my work experience had always demanded: “do it right the first time.” In the accounting firm, my administrative work was proofed and reviewed.

article thumbnail

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.