Tue.Mar 25, 2025

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Predictive analytics will transform accounting

Accounting Today

By helping accountants to predict results and make informed, proactive decisions, the rise of predictive analytics improves traditional accounting tasks.

Account 52
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5 Reasons Growing Startups Need an ERP System

BurklandAssociates

Scaling a startup is exciting, but the wrong tools will slow you down. An ERP system automates tasks, centralizes data, and boosts efficiency for smarter growth. The post 5 Reasons Growing Startups Need an ERP System appeared first on Burkland.

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Enhancing Financial Management for Advertising and Marketing Firms

Withum

Advertising and marketing firms operate in a fast-paced, ever-changing environment where creativity, strategy and client relationships drive success. However, behind the scenes, these firms often face challenges with financial management, resource allocation and performance analysis. Without addressing these critical areas, issues like cash flow gaps and unclear project profitability can hinder a firm’s ability to scale and succeed in a competitive market.

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The Month-End Close Process: A Behind-the-Scenes Look for Business Owners

Basis 365

The month-end close process is a critical accounting procedure that ensures the accuracy of financial statements, providing a snapshot of your business's financial health. While many business owners rely on these reports to make informed decisions, few understand the extensive effort required to produce them. This blog walks you through the steps involved in the month-end close and explains why each step is vital for reliable financial reporting.

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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

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BlackCloak Releases Digital Executive Protection Framework

CPA Practice

The new framework offers chief information security officers and chief security officers a detailed risk assessment and control review of the necessary components of a comprehensive digital executive protection program.

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IRS underreported costs of Direct File: TIGTA

Accounting Today

Internal Revenue Service reports of the cost of the free tax-filing program left out at least $8.8 million in costs, according to a new report.

Tax 105

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AICPA weighs in on proposed SECURE 2.0 regs

Accounting Today

The institute is asking the Treasury and the Internal Revenue Service for greater clarity in their proposed regulations for the SECURE 2.0 Act of 2022.

Tax 102
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Understanding ASU 2023-08 and Fair Valuing Your Digital Assets

Withum

Explore Other Episodes The post Understanding ASU 2023-08 and Fair Valuing Your Digital Assets appeared first on Withum.

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Get set up for the new tax year with Xero Payroll

Xero

With another tax year almost wrapped up, are you ready to tackle year-end payroll? We know it can be a bit painful, so weve prepared some tips to make the process as smooth as possible. Finalising your 2024/2025 tax year Wrap up outstanding items Before processing your last pay run for the 2024/25 tax year, approve any outstanding leave requests, timesheets and overtime to ensure your employees’ final pay is accurate.

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Consumer Confidence Falls to 12-Year Low

CPA Practice

Marchs fall in confidence was driven by consumers over 55 years old and, to a lesser extent, those between 35 and 55 years old. The decline was also broad-based across income groups, with the only exception being households earning more than $125,000 a year.

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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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How to Create a Budget for Your Nonprofit

GrowthForceBlog

7 min read March 25th, 2024 Nonprofit financial planning is essential to your financial strength and mission success, and the nonprofit budget is like a blueprint for your financial plans.

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AccountsIQ Debuts Workflow Approval Engine

CPA Practice

The new workflow approval engine streamlines financial workflows, improves compliance, and enhances visibility, all while reducing reliance on manual processes, according to AccountsIQ.

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4 irrevocable trusts to beat estate tax uncertainty

Accounting Today

Forming a trust now and funding it after Congress decides whether to keep the current gift tax exemption rate could make for an effective preemptive strike.

Tax 72
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Doeren Mayhew Snaps Up Thurman Campbell Group in Tennessee

CPA Practice

The Troy, MI-based top 60 firm has expanded into Tennessee by acquiring TCG, a full-service accounting firm based in Clarksville, effective March 1.

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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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PCAOB sanctions partner for audit failures

Accounting Today

The Public Company Accounting Oversight Board sanctioned and imposed a $40,000 fine on James PAI CPA and its partner for audit failures.

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FloQast Launches Auditable AI Agents

CPA Practice

As the talent gap in the accounting and finance industry continues to increase, this first-to-market capability empowers teams to do more with less and evolve from preparers into reviewers, able to focus on strategic initiatives while AI handles repetitive, time-consuming tasks.

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FloQast, Fieldguide launch agentic AI solutions

Accounting Today

FloQast and Fieldguide each announced the release of their own agentic AI solutions for accountants.

Account 71
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Gartner Says CFOs Should Reset Expectations About AI’s Impact on Workforce Productivity and Headcount

CPA Practice

Despite artificial intelligences promise for enhancing efficiency, many organizations struggle to turn investments in traditional and generative AI into material improvements in worker productivity.

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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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Doeren Mayhew acquires Thurman Campbell

Accounting Today

The Top 50 Firm based in Troy, Michigan has expanded into Tennessee with its latest M&A deal.

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E.U. Companies More Likely to Recognize Opportunities from Managing Climate Risks

CPA Practice

A quarter of organizations with operations in the EU expressed a high or very high appreciation for strategic opportunities provided by effectively managing climate risks, compared to less than 10% of non-EU firms.

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McConnell Jones expands to Georgia

Accounting Today

McConnell Jones, the largest African American-owned CPA firm, is focused on expanding its geographic footprint as part of its growth strategy.

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Lattice Rolls Out AI Agent for Human Resources

CPA Practice

The people management platform has debuted its AI agent for human resources, designed to help HR teams work better and make employees more productive.

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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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QuickBooks Enterprise Inventory Turnover Report

Insightful Accountant

Murph takes you step-by-step through the Inventory Turnover Report available in QuickBooks Enterprise v24

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PCAOB Nails New York CPA Firm for Multiple Audit Failures

CPA Practice

James Pai CPA PLLC and its sole owner and partner Yu-Ching James Pai were fined a total of $40,000 for violating multiple PCAOB rules and standards in connection with the 2021 and 2022 audits of SUIC Worldwide Holdings.

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In the blogs: Seamwork

Accounting Today

Welcome to Tax Court; the subscription model; new blog on the block; and other highlights from our favorite tax bloggers.

Tax 52
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Stax.ai Partners with Payroll Integrations to Automate Payroll Processing for Retirement Third-Party Administrators

CPA Practice

TPAs using Stax.ai can now connect directly to an extensive network of payroll providers through Payroll Integrations to automatically collect and standardize payroll and employee census data in real time.

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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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Top 3 Marketing Mistakes Bookkeepers Make (And How to Fix Them) with Janel Sykora

Insightful Accountant

In this episode of the Accounting Insiders Podcast, host Gary DeHart sits down with Janel Sykora, co-founder of Cajabra Marketing, to tackle the top 3 marketing challenges facing accounting and bookkeeping firms in 2025.

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UHY Announces Partnership with Lumenore

CPA Practice

Combining Lumenores business intelligence, data and analytics technology with UHYs leading consulting expertise, this partnership will allow UHYs clients to quickly deploy actionable insights into their operations.

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PwC fined over bank audit by UK watchdog

Accounting Today

The Financial Reporting Council hit PwC with a $3.8 million penalty and one of its accountants with a $43,250 penalty over their audit of Sanjeev Gupta's Wyelands Bank.

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Some Farmers and Food Banks Stung by DOGE Funding Cuts as Costs Climb

CPA Practice

More than $1 billion in assistance that usually flows into the U.S. Department of Agriculture for two programs that help local farmers, schools and food banks has already vanished.

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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.