Fri.Nov 24, 2023

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Tax pros: The IRS may be calling you

Accounting Today

The service is conducting a random survey of practitioners Nov. 27-Jan. 19.

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How to Use Power BI With a HubSpot Data Warehouse

Acterys

HubSpot is an all-in-one marketing technology solution that provides software, tools and other resources to support vital business functions, including sales, marketing and customer service. As businesses using HubSpot scale up and add technology, they find themselves needing to consolidate data sources and extract more value from existing systems. One way to do this is by using Power BI with a HubSpot data warehouse.

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Recognizing The Value Of Construction Contractors In Our Daily Lives

Randal DeHart

I was taking a moment to reflect on the challenges for the Pilgrims coming to America. They decided to make the journey with no guarantee of success. To build homes, plant crops, and take care of animals. Then, later, everyone chose to move West by wagon train, horse, or on foot. I am grateful for them! I think about my Grandparents and my Great Grandparents.

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How to Use Power BI With a HubSpot Data Warehouse

Acterys

HubSpot is an all-in-one marketing technology solution that provides software, tools and other resources to support vital business functions, including sales, marketing and customer service. As businesses using HubSpot scale up and add technology, they find themselves needing to consolidate data sources and extract more value from existing systems. One way to do this is by using Power BI with a HubSpot data warehouse.

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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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Friday Footnotes: KPMG UK Pay Freeze; PwC Canada Layoffs; EY Bailing on Office? | 11.24.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default.

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Accounting in 2024: Artificial intelligence, tech innovation and more

Accounting Today

How finance and accounting teams start 2024 will set the stage for defining the rest of the year and positioning for sustained success.

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2021 broke downward trend on restatements

Accounting Today

Financial restatements, which have generally been on a downward trend since 2003, spiked in 2021.

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How ATX Cloud Hosting Overcomes Tax Preparers Challenges

Ace Cloud Hosting

Tax season is the busiest time for tax preparers, and the amount of work can be overwhelming.

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For accounting firms, growth = change

Accounting Today

If you want to grow your practice, you have to be willing to make the sometimes-wrenching adjustments that growing requires.

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A mixed autumn statement for the property and construction sector   

Menzies

Menzies LLP - A leading chartered accountancy firm. The autumn statement has been a mixed bag for the property and construction sector. Whilst it provides good news for larger scale infrastructure projects it fails to address some of the sector’s key concerns. Here’s our summary of the main points: What does this mean for the Construction sector ? Fears were raised earlier this year that the construction sector is heading for recession which is largely blamed on a drop in demand for new homes an

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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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Weaver to Add New York CPA Firm Buchbinder Tunick

CPA Practice

Top 35 accounting firm Weaver will be merging in New York-based CPA firm Buchbinder Tunick & Co. on Jan. 1, 2024. This deal expands Weaver’s East Coast presence to five offices, including two in New York City, one on Long Island, one in New Jersey, and one in Washington, D.C. It also adds 125 audit, tax, and advisory professionals, including 16 partners, to the Houston-based firm.

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What does the Manufacturing sector stand to gain from this Autumn Statement?

Menzies

Menzies LLP - A leading chartered accountancy firm. The Chancellor, Jeremy Hunt, has delivered his Autumn Statement to Parliament earlier, which includes 110 measures for growth across the board. Menzies’ accountancy and strategic advisory experts shares a summary of the main points relating to the manufacturing sector: Specific investment towards the manufacturing sectors: £4.5bn support over the next five years: The Chancellor announced a further £4.5bn funding for strategic manufacturing sec

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Binance Pleads Guilty to U.S. Charges, Loses CEO

CPA Practice

By Chris Strohm, Matt Day, Allyson Versprille, and Ava Benny-Morrison, Bloomberg News (TNS) Binance Holdings Ltd. and its CEO Changpeng Zhao pleaded guilty to anti-money laundering and U.S. sanctions violations under a sweeping settlement with the U.S. that allows the cryptocurrency exchange to continue operating. Binance will pay $4.3 billion in one of the largest corporate agreements in U.S. history.

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Conducting Corporate Fraud Investigations

FraudFiles

The unthinkable has happened. We have good employees. Our people are honest. They don’t steal from us. They’re like family. We trust them. So it goes when a company discovers a fraud from within. Then what happens? After the initial shock wears off, it’s time to start investigating the situation.

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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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Indiana CPA Society Honors 28 Professionals

CPA Practice

The Indiana CPA Society has announced the winners and finalists for the 2023 INCPAS Awards honoring outstanding CPAs and related professionals in Indiana. All category award finalists and honorees were chosen by the INCPAS Awards Committee comprised of members of the board of directors. This year’s winners were announced at the annual INCPAS CPA Celebration on November 17 at the Crane Bay Event Center.

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Will this year’s Autumn Budget help the retail sector?

Menzies

Menzies LLP - A leading chartered accountancy firm. Overview Business Rates multipliers for small business will be frozen for another year, helping to support the hospitality and high street Increased national minimum wage impact on the cost of products and passing this on to end consumer. Reduced national insurance contributions and boosts to income of individuals can have a positive impact on the disposal household income to boost consumer spending.

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Trump Org Controller Weeps at NYC Fraud Trial

CPA Practice

By Molly Crane-Newman, New York Daily News (TNS) Tears were shed at the Trump Organization’s fraud trial Tuesday when longtime company controller Jeffrey McConney fell to pieces on the witness stand testifying about the dramatic conclusion to his storied career working for Donald Trump. McConney, who for decades worked in the accounting department at the Trump Organization under convicted ex-finance chief Allen Weisselberg, wept in response to a question posed by Trump lawyer Jesus Suarez rega