Fri.Oct 21, 2022

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How Familiar Are You With the Different Types of Liabilities in Accounting?

Patriot Software

As a business owner, incurring debts is inevitable. In fact, the average small business owner has $195,000 of debt. Chances are, you have some kind of debt at your business. And if you have debt, you have liabilities. Read on to learn all about the different types of liabilities in accounting. What are liabilities? Liabilities […] READ MORE.

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IRS increases 401(k) limit by record amount as inflation surges

Accounting Today

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Are You Interested in Accepting Mobile Payments from Customers?

Patriot Software

Have you ever been in a store and noticed a lack of cash registers or point-of-sale (POS) terminals? Yet customers are making purchases. How do they do it? Two words: mobile payments. Accepting mobile credit card payments is actually a growing trend in business. So step aside, traditional payment methods—there’s a new contender in town. […] READ MORE.

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Tax changes mean you might take home more of your paycheck

Accounting Today

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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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What Is a Not-for-profit Organization?

Patriot Software

There are countless organizations and charities that work to help individuals or communities in need. These types of organizations are typically considered not-for-profits. Read on to find out what is a not-for-profit organization and how not-for-profits differ from nonprofit organizations. What is a not-for-profit organization? A not-for-profit organization does not earn any profits for its […] READ MORE.

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20 Days to a Better Firm: Support your local CPA

Accounting Today

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IRS provides relief for Ian and Fiona victims

Accounting Today

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What Is Double Taxation, and How Does it Impact Your Small Business?

Patriot Software

Corporations have different rules and responsibilities than other business structures. And if you own a corporation or are a shareholder of one, you should know what double taxation is. Unlike other types of business structures, corporations are subject to double taxes. Read on to get the answer to what is double taxation and quiz yourself […] READ MORE.

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The Canadian PCAOB Says One Big 4 Firm Keeps Screwing Up Audits But Won’t Say Which One It Is

Going Concern

Shall we speculate wildly which Big 4 firm is not meeting the Canadian Public Accountability Board’s generous standards? The Globe and Mail reports : One of Canada’s Big Four auditing firms continues to have a significant number of problems in its work, the national industry regulator has found. For now, the Canadian Public Accountability Board, which oversees the firms that audit publicly traded companies, is not revealing the name of the firm, citing the confidentiality provisions of the

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Managing and Recording Cash Receipts in Your Small Business

Patriot Software

If you’re a small business owner, you likely receive cash payments from your customers. And if you receive cash payments, you need to know about recording cash receipts in your books. So, how do you do that? To ensure your books are accurate, you need to understand cash receipts accounting. Read on to get the […] READ MORE.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

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.

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CLA merges in Concannon Miller

Accounting Today

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Clearing up the Confusion of Purchase Order vs. Invoice

Patriot Software

As a business owner, you are responsible for handling many documents to keep your business’s finances on track. And if your company deals with business inventory, you’ll probably find yourself juggling both invoices and purchase orders. Some business owners might think purchase orders and invoices are one and the same. Heads up: purchase orders and […] READ MORE.

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Credit Suisse set to settle criminal tax case in France

Accounting Today

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Resale Certificate, the Get Out of Tax Free Card

Patriot Software

Almost everybody in the majority of states pays sales taxes at the time of purchase. And yes, this includes business owners shopping for their ventures. But if you purchase and resell goods to your customers, you may consider applying for a resale certificate. Eligible businesses use resale certificates to get out of paying sales tax […] READ MORE.

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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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PCAOB makes it official for chief auditor

Accounting Today

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Five Signs You Need To Start Outsourcing Your Administrative Tasks

Randal DeHart

When you start a small business, it's usually only you behind the whole operation. You wear many hats, from CEO to clean-up crew. As you pour your heart and soul into your business and it begins to grow, the amount of work involved grows. Because a small business focuses on survival, you pay much attention to the bottom line. This makes much sense, but it also leads to being seriously overworked.

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Starting up a Business? Here’s the Best State to Start an LLC

Patriot Software

When you start a business, you are responsible for choosing a business structure. One structure you can select is a limited liability company, or LLC. Unlike some other business structures, you can form an LLC in any state, regardless of your physical business presence. With so many states to choose from, it can be difficult […] READ MORE.

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12 Tips For Executive Directors To Increase Online Donations

GrowthForceBlog

7 min read. For many nonprofits, the pandemic lockdowns forced the majority of their events, communication, and fundraising efforts online. Key Takeaways. Make Sure You're Mobile: 60.66% of website traffic occurs on mobile phones, and the remaining 30.34% comes from desktop computers, laptops, and tablets…. Increase Transparency With an Infographic of Your Annual Report: You can increase trust in your organization and the likelihood that a person will feel comfortable donating online by publishi

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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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7 Tips for Working With Independent Contractors

Patriot Software

According to a recent study, one out of every 10 workers is an independent contractor. With so many contractors making up the workforce, you’re bound to work with or hire one at some point. Hiring contractors can be beneficial to your business. But if you’re going to be working with independent contractors, you need to […] READ MORE.

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5 Must Haves to Scale your SaaS

Lockstep

Scalability, Scalability, Scalability !! . When we talk about Scalability, the first things that come to our mind are a large userbase, few million requests per second, huge volumes of data , and so on. When we talk about scalability, the first things that come to our mind are a large userbase, few million requests per second, huge volumes of data, and so on.

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CohnReznick monitors infrastructure project integrity

Accounting Today

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Dr. Sean Stein Smith, Professor at Lehman College & Digital Currency Advisor

Withum

Explore Other Episodes. The post Dr. Sean Stein Smith, Professor at Lehman College & Digital Currency Advisor appeared first on Withum.

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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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On the move: Sax raises $110K for local children's hospital

Accounting Today

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Report: 2022 Law Firm Leadership Survey

Withum

What can law firm leaders do to ensure their firms thrive? Download Guide. In response to our flash survey, we received feedback from Managing Partners, Firm Chairs and C-suite executives from law firms around the country regarding their most pressing issues. Download our 2022 Survey Report for insights on: The war for talent Financial performance and profitability Changes in strategic growth strategies and inhibitors to change The evolving workspace Firm culture and DEI initiatives Department a

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How No Code Can Help You And Your Team Streamline Processes in Your Business

Snyder

Introduction. No code, especially for automating business processes and tasks, can improve efficiency for your entire team. But what is no code? How does it work? And how can your business benefit from this technology? What is no code? No Code is a software development methodology that uses visual tools to build applications. It’s not a new technology, but it has become more popular in recent years because of its ability to speed up the development process and reduce the risk of errors.

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Strengthening Your Clients' Boundaries

Intuitive Accountant

As you move into year-end and tax season prep, now is a great time to set or reinforce boundaries with your clients. If you're seeking guidance, check out this white paper from Rewind.

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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.

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Tax Considerations For Office Refurbishments

Menzies

Menzies LLP - A leading chartered accountancy firm. With various companies practising hybrid working, many are using the opportunity to refurbish or modernise their office spaces and make them fit for purpose and attractive to staff. But they might be unaware that most of the cost of the refurbishment may be eligible for tax relief under the capital allowances regime.

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Layoff Watch ’22: Stanley Black & Decker is Giving Out Pink Slips to Finance Pros, But How Many?

Going Concern

A week after news broke about Boeing eliminating 150 accounting and finance positions , the Wall Street Journal published an exclusive on Sept. 30 about another Fortune 500 company cutting even more jobs in its finance department: Stanley Black & Decker Inc. has eliminated a large portion of finance jobs as part of an effort to cut up to $200 million in costs by year’s end amid high inflation and slowing demand.

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Constantly Adding Knowledge: How to Improve Accounting Skills

Patriot Software

A great accountant is always learning and improving their accounting skills. Having a growth mindset about your accounting knowledge and skill sets can help you keep up with client demands and attract new business. And if you want to keep up with the changing landscape of business and accounting, you have to enhance your skills […] READ MORE.

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“Future of Payroll Survey” Says No Time Like the Present to Look Ahead for Keeping Up With Industry Trend

ThomsonReuters

Thomson Reuters Checkpoint ?talked with?Lisa Weckman, Sr. Director of Product Management at Ceridian, about her company’s global survey collaboration with national and global payroll associations that aims to chart what’s ahead for payroll professionals. . According to a recent global payroll survey, the “future of payroll starts today” for understanding the industry’s major challenges, which include global workforces, hybrid work, increased compliance concerns, and othe

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How to Set Better OKRs and Drive Results

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.