Wed.Nov 02, 2022

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New banknotes means more money laundering – here’s how companies can spot it

Accounting Insight

The ‘trusty’ paper banknote, which for so long has been a staple in many people’s lives, has come to an end. The Bank of England’s deadline for the legal tender status of paper £20 and £50 banknotes was the 30th September. Quite simply, the notes are now no longer usable. This likely poses a problem for two groups of people: those who have legitimately earned and saved money outside of the banking system and those who have cash reserves that have been earned from illegitimate and illegal

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Introducing Burkland’s New Toolkit to Help Extend Your Startup’s Cash Runway

BurklandAssociates

Burkland has compiled a new toolkit to help you extend your startup’s runway with intelligent scenario planning, cost reduction, and cash flow measures. The post Introducing Burkland’s New Toolkit to Help Extend Your Startup’s Cash Runway appeared first on Burkland.

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The Accounting Talent Shortage is Not New, You Guys

Going Concern

Although the accounting talent shortage seems like something that just popped out of nowhere and couldn’t possibly have been predicted, oh, a decade ago, I feel compelled to remind everyone that we here at Going Concern saw this coming. I don’t say that in a “hurr durr I’ve been talking about this for ten years and no one listened” way, I mean the writing was on the wall way back so the profession really shouldn’t be surprised that we ended up here.

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The accountant shortage threatens capitalism's future

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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How Much Do Small Business Owners Make? The Answer May Surprise You

Patriot Software

Running a small business takes passion, gumption, and determination. But, becoming a small business owner isn’t a fast track to getting rich. So, how much do small business owners make? How much does a small business owner make a year? Incomes vary because of factors like industry, geographic location, and experience. Being a small business […] READ MORE.

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QBO Advanced, and other tech stories you may have missed

Accounting Today

More Trending

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MOVE Project names the best firms for women and equity leadership for 2022

Accounting Today

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Keeping Up with the Race for Technology

Intuitive Accountant

New report from LeaseQuery reveals accountant technology wishlists and implementation challenges at their firms.

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Business execs take steps to get ready for recession next year

Accounting Today

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Dan Schindler Named MOCPA’s Outstanding Young Professional

Anders CPA

Anders tax partner Dan Schindler has been named the 2022 Outstanding Young Professional by the Missouri Society of Certified Public Accountants (MOCPA). The annual MOCPA Impact Award for Outstanding Young Professional honors one CPA under the age of 35 who is viewed as an emerging leader within the profession and is active in the community as well as professional organizations.

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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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Tangible vs. Intangible Assets

Patriot Software

All businesses have assets. Assets can be broken down into two categories: tangible and intangible. Understand the difference between tangible vs. intangible assets to keep your accounting books and financial statements accurate. Tangible vs. intangible assets Both tangible and intangible assets add value to your business. But, tangible assets are physical while intangible assets are […] READ MORE.

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Doeren Mayhew acquires Kaplan Merzlak

Accounting Today

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What Is an Audit?

Patriot Software

Audit. Do you panic when you hear that five-letter word? You might think an audit is the last thing your business needs, but they aren’t always bad. Regular audits can be more like a routine maintenance check than an invitation for IRS penalties. Learn what an audit is, what types of audits there are, how […] READ MORE.

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20 Days to a Better Firm: Get them moving

Accounting Today

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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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What Is the Difference Between S Corp and C Corp?

Patriot Software

Choosing a business structure is a big deal. The way you structure your business affects how much you pay in taxes, your personal liability for business losses, how you pay yourself from your business, and more. Sole proprietorships, partnerships, corporations (S Corp and C Corp), and LLCs (single-member and multi-member LLCs) are business structure types. […] READ MORE.

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Investing at Year-end – Is it Time for a Strategy Change?

Intuitive Accountant

As the end of the year draws near, it's not too soon to examine your portfolio, and discuss potential alternatives and strategies with your financial advisor or broker. Here are some things you might want to discuss.

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Private sector added 239K jobs in October and boosted pay 7.7%

Accounting Today

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Email Blunders for Accounting Teams to Avoid

Lockstep

We all know how frustrating email can be, especially for accounting teams. Sometimes it just doesn’t work as you want it to. Email often becomes a major source of frustration – especially when things go wrong. In Part I and II of this series, we took a look at some of the most common accounting email blunders that can cost time and money.

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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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What Walmart can teach accounting firms about setting (and exceeding) expectations

Accounting Today

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CRM Options for Your Business – NetSuite CRM or Microsoft Dynamics 365 CRM 

Withum

CRM is not just a piece of software businesses can use to manage current and potential relationships and interactions. CRM is a business strategy that intersects between people, process and technology – leading to enhanced customer experiences and business drivers. It centralizes all critical data, which increases the opportunity to meet your customers’ needs and enables you to tactically manage campaigns, track leads and make important business decisions with an increased data-driven approach.

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Accountants' tech investments could be more successful

Accounting Today

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Global Summit Series: Doing Business in Canada

Withum

Kimberlee S. Phelan. Partner Princeton, NJ – Corporate Headquarters. Angela Pulaski, CPA. Tax Manager – Withum. Brett Starkman. Tax Partner – Schwartz Levitsky Feldman LLP. David Kerzner, Ph.D. Tax Lawyer – Kerzner Law. Food: Maple Syrup Lux & Bagel Sandwich Smoked Meats. Sightseeing: Niagara Falls CN Tower Banff National Park The Rocky Mountains.

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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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Did a PwC Partner Leak Client Financial Data? A Court Will Decide

Going Concern

We briefly mentioned the following case in an August 2020 link dump of several Big 4 lawsuits going on at the time, there is now a date set for court so we’re throwing out an update. The allegation is that former PwC north of England head Ian Green leaked sensitive information about his client, telling an outside M&A banker that the client was going to run out of cash, making the client ripe for a takeover.

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Which Bills to Pay First in Your Skagit County Business

SkagitCountyTaxServices

Holiday creep. It’s real. Here we are in early November, and it feels like Christmas decorations and other holiday chicanery have already been upon us. Skagit County retailers are buckling in for what looks to be a rough shopping season, given current economic factors… BUT per the U.S. Chamber of Commerce, over 30% of consumers got a head start on their holiday shopping in October.

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Newly-Minted CPA Outraged That Their State is Too Cheap to Send a Paper License Certificate

Going Concern

And you wonder why no one wants to be a CPA anymore. A PDF?? Really, Maryland? AND IT ISN’T EVEN AN 8×10! Larry Hogan will want to hear about this. The post Newly-Minted CPA Outraged That Their State is Too Cheap to Send a Paper License Certificate appeared first on Going Concern.

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LeaseCrunch, Rea & Associates Partnering on CPA Webinar

Intuitive Accountant

The Nov. 9 webinar will discuss the benefits of providing lease accounting software to clients.

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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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How to Make Your Small Business Dreams a Reality

MazumaBusinessAccounting

Starting a business is a dream that many people have. The idea of creating something that is your own, being your own boss, and being able to turn your passion into a full-time job is compelling. In order to be successful and make your small business idea come to life, you have to take time to figure out all aspects of your business to see if it has potential.

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The Bonadio Group's Culture of Excellence

Intuitive Accountant

With 37% women principals and partners, the practice was named the best CPA firm for women and equity leadership by the Accounting MOVE Project.

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R&D Tax Relief To See Considerable Changes

Menzies

Menzies LLP - A leading chartered accountancy firm. Research and Development (R&D) tax relief is intended to promote and reward scientific and technological innovation in the UK. To be eligible, a business must demonstrate that it has made an advancement in a scientific or technological field. Since its origin in 2000 limited changes have been made to the scheme, but now there are substantial reforms in the pipeline coming in April 2023.

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What Is a Fiduciary?

Patriot Software

When you own a small business, you make decisions to protect your company. Throughout the life of your business, you might need to seek advice or help from professionals. In some cases, you might entrust a fiduciary to manage assets or provide business advice. According to one poll, 27% of people don’t what a fiduciary […] READ MORE.

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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.