Wed.Aug 03, 2022

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Building the Firm of the Future with Anders CPAs + Advisors

Summit CPA

The Virtual CPA Success Show: Episode 60. In this special episode, Jamie Nau, our host and Director of Accounting interviews Jody Grunden, our CEO and co-founder now Partner at Anders CPAs + Advisors, and Dave Hartley, Partner and Director + Advisory Services, at Anders to discuss what the future looks like for Summit CPA Group and the Accounting industry in general.

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ISL Online – A Remote Support Software Synopsis

Intuitive Accountant

ISL Online offers one of the most technologically advanced remote access solutions for businesses of almost any size and nearly any requirement. It offers remote tools techs will find beneficial.

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QuickBooks Desktop Pricing Changes for 2023

SchoolofBookkeeping

In an email sent August 2, 2022 to much of the accountant community, Ted Callahan , Intuit's Accountant leader itemized out some changes to for the Desktop lineup beginning soon. We will comb through this email and offer our take on what this means to you as a desktop user or those who support QuickBooks Desktop Clients. Introduction. Our Take: We were made aware of impending changes to Desktop Pricing in May.

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Keeping Your Guard Up

Intuitive Accountant

The new remote work era has made it easier for criminals to execute payment fraud attacks. Corpay's Tony Carothers discusses how to defend your company on the new frontier.

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The Buyer’s Guide to HR & Payroll Technology

Choosing an HCM partner is one of the most important decisions you’ll make because time is one of your company’s most strategic assets. How do you want to spend your time?

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California Payroll Tax: What You Need To Know About the Golden State

Patriot Software

There are a million things you have to manage when running your business. Whether or not you want to admit it, payroll taxes should be one of your top concerns. Payroll taxes generally include Social Security and Medicare. But, many states have additional taxes that employers need to deduct from employee wages. California payroll tax […] READ MORE.

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Managing Remote Teams

Intuitive Accountant

In the post-pandemic world, remote working is here to stay. Arc Management's Tate Henshaw offers the three biggest things every firm should do to make it work.

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How to embrace and conquer change in accountancy

Accounting Insight

As the old adage goes, change is as good as a rest. Yet while this is commonly held and often encouraged to promote progress and innovation, the reality is some are reticent to face it. Change has taken many forms over the years for accountants. Today, the UK government’s mission is to create the most efficient digital tax system, Making Tax Digital (MTD), which has resulted in many accountants having to meet waves of change head-on.

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Why You Need to Stop Typing ‘Hello’ in Chat Immediately

Going Concern

Hey. What’s up. Hi. Hello. Do you hate it when a colleague messages “hello” and then leaves you hanging while they type out the next thing they have to say? ME TOO. And we’re not alone. Instead of silently building resentment, send them this link. You don’t even have to say anything, just hit ’em with the nohello.net and let the website do the rest.

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Signs Your Accounting Inbox Needs a Workflow Overhaul

Lockstep

When you are just starting out, using email to manage the inflow of communications and documents to/from customers and vendors makes sense. You are building relationships and managing invoices with a personal touch. This might help you get paid a bit faster. With a manageable number of clients and vendors and a small team, basic accounting inbox tools are good way to collect and store correspondence and the exchange of invoices, payment receipts, etc. .

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Here’s How Much Auditors and Consultants at Deloitte Australia Make

Going Concern

Deloitte Australia is putting it all out there and revealing exactly how much its people make. Australian Financial Review reports : Deloitte Australia chief executive Adam Powick has revealed the minimum pay rates for the firm’s audit and consulting divisions as part of a strategy to be more transparent with staff and attract more skilled professionals.

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Become a Pro at Evaluating Month-End Close Solutions

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Ready to automate the month-end close process but don't know where to start? We got you covered. Join us in this informative webinar where we will walk you through the main consideration areas when it comes to evaluating and selecting a month-end close solution. We will cover everything from sponsor champion identification, vendor evaluation, pitfalls during contracting, IT requirements, termination considerations, and more.

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Why Your Company Should Sponsor Volunteer Activities

GrowthForceBlog

6 min read. Sponsoring employee volunteer activities (i.e. allowing your employees to participate in volunteer activities while they are on the clock) might seem like an expensive and unproductive way to spend part of your labor budget.

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Top Tips to Improve Employees’ Financial Wellbeing and Mental Health

Accounting Insight

Financial wellbeing and mental health aren’t separate issues, they are inextricably linked. Our own research shows that 2 out of 3 employees agree that money worries affect their mental health and so given the current cost of living crisis, a big part of an employer’s wellbeing package is helping them manage their day-to-day finances. We’re all expecting energy bills to increase again in October, but Ofgem has recently admitted to MPs that the hike is likely to be a lot more than previously thou

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5 Skills Required to Deliver Effective Virtual CFO Services

Ryan Lazanis

Offering virtual CFO services requires a specific skill set to deliver effective and profitable results. In this podcast episode, I’ll discuss the five important skills you need to be successful. Listen Below. 0:44 – An effective virtual CFO service is valuable to your client, profitable to your firm, and can be delivered in a systematic manner. 1:15 – When you provide CFO services, you’re expected to deliver results and deliver an ROI. 1:46 – Clients need to see at

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Should Health Plans Cover Medical Cannabis Costs?

Withum

Since the passing of the Marijuana Tax Act in 1937, which effectively criminalized cannabis, the United States has made little progress towards its federal legalization. It was not until 1996, when California passed Proposition 215, allowing for the sale and medical use of marijuana, that things began to change. With the passing of Proposition 215 in California, 37 states and the District of Columbia legalized some form of the medical use of cannabis and, according to a November 4, 2021 article

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3 Leadership Behaviors that Drive Loyalty & Engagement

Why are HR leaders so important to business success? Because leaders across the organization, from the C-suite to frontline managers, disproportionately affect employee engagement. It goes back to the old saying: “A boss has the title, but a leader has the people.” Learn more and discover the 3 steps to driving loyalty and engagement: The true power of intentional coaching The secret to optimizing performance The best ways to reward employees & retain top talent Don't miss out, download now!

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What Data Aggregation Is And How It Helps Your Business

Snyder

Data is the biggest asset for a business today, no matter the size. But data on its own, without proper organization, segmentation, and understanding, is essentially useless. As a business owner, if you can properly handle your business data, it can become a source of truth about your financial health, growth, and opportunities. However, it can be tricky, especially in omnichannel sales, because the more sales channels you have, the more data you need to analyze.

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What Manufacturers Need to Know about “Zero Waste”

Withum

Manufacturers provide us with the tools needed to live out our daily lives — from the floors under our feet to the computers we use to stay connected — and as the economy grows, so does the demand for goods. While this demand helps fuel the economy, it also results in increased waste from the manufacturing process. As waste levels increase, so does the threat to our environment.?.

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The top 4 mistakes companies uncover during their AML audit

Accounting Insight

The Money Laundering Regulations 2017 require all reporting entities to regularly review their compliance with the regulations. This assesses how their anti-money laundering programme is functioning in practice and how the policies, procedures and controls in place are mitigating the money laundering and financing terrorism risks identified by that business.

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The Farce of Recycling – Is Recycling Worth It?

Withum

So much of what we consume is wrapped, packaged or bagged in plastic. Recycling bins are filled and emptied, and consumers are reassured that their old containers have been given new life as a water bottle or perhaps even a polyester shirt. But is recycling worth it? The truth behind recycling is far more troubling. In fact, many have begun to call it “the myth of recycling” or “wish-cycling.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

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Intuit sounds alarm on QuickBooks phishing

Accounting Today

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Yellen says Manchin bill won't raise taxes for families earning less than $400K a year

Accounting Today

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My plate is too full

Accounting Today

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Manchin discussed $433B tax-climate bill with holdout Sinema

Accounting Today

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Quick Start Guide to a Crystal Clear Close

Did you know automating your month-end close can save up to 40% of the time typically spent on manual reconciliations? CFOs and controllers are leveraging SkyStem's workflow management and reconciliation tool to eliminate costly mistakes, ditch manual reconciliations and close faster. Want to know how they do it? Download our Quick Start Guide to a Crystal Clear Close!

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MGO merges in Nussbaum

Accounting Today

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Crypto miners would get tax reporting reprieve in Senate bill

Accounting Today

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Battle erupts over claim Manchin bill raises middle-class taxes

Accounting Today

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IMA steps up ethics training during pandemic

Accounting Today

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The Definitive Guide to Spend Management

The status quo for AP in small and mid-market companies is broken. It consists of messy tech stacks of siloed solutions that give rise to manual work, a lack of control, wasted spend, and unnecessary risks. The benefits of shifting to spend management are tangible, measurable, and are felt across the whole organization. Spend management is a different way of thinking and an innovation whose time has come.

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Cloud migration could spell tax savings for CTOs

Accounting Today

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