CPA Practice

OCTOBER 30, 2024

According to the results of a survey released today by the Center for Audit Quality (CAQ), concerns about a potential recession, ongoing inflation, and the U.S. election are fresh on the minds of audit firm partners as the start of 2025 nears. Now in its third year, the CAQ’s Audit Partner Survey asked 1,128 audit partners at the country’s leading public company audit firms about their views on the current business environment in the U.S.

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audit auditor Technology Finance 115

AccountingDepartment

OCTOBER 30, 2024

In the current competitive environment, small and medium-sized businesses (SMBs) must leverage every possible advantage to succeed and expand. Forecasting is a powerful tool that can greatly influence a company's financial success.

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Accounting Today

OCTOBER 30, 2024

Intuit announced new features and capacities, many of them within its QuickBooks line of products.

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Going Concern

OCTOBER 30, 2024

TLDR ChatGPT summary: BDO USA filed a lawsuit accusing a former leader, Phuoc Vin Phan, of leaving to join Ankura Consulting and taking BDO team members and confidential information with him. BDO claims this was part of an Ankura plan to poach its Healthcare TAS practice. Phan denies the allegations, stating BDO’s workplace environment pushed him and others to leave, and counters that BDO fostered a culture of secrecy and intimidation.

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Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

Finance

Accounting Today

OCTOBER 30, 2024

A potential recession is the biggest economic risk factor that audit partners foresee over the next 12 months, followed by regulations and geopolitical instability, according to a survey by the Center for Audit Quality.

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Menzies

OCTOBER 30, 2024

Menzies LLP - A leading chartered accountancy firm. The recent budget has imposed significant challenges on businesses across the board, with the retail sector being particularly affected. The Chancellor has announced several policy changes and tax increases that will impact retail. 1.2% increase in Employers National Insurance Rates A 1.2% increase in Employers National Insurance rates will be a substantial burden on profitability, especially when combined with the reduction in the threshold fo

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Retail E-commerce chartered accountant Tax 59

Menzies

OCTOBER 30, 2024

Menzies LLP - A leading chartered accountancy firm. A key theme of today’s budget was “Invest, Invest, Invest!” with the intention of driving economic growth. The chancellor has pledged over £100 billion of additional capital investment over the next five years which will be welcomed by this capital intensive sector. Sector representatives Make UK were specifically mentioned in the Chancellor’s speech, signalling the extent to which the budget intends to promote UK production and innovation. 7 K

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Accounting Today

OCTOBER 30, 2024

The resignation comes after Department of Justice launched a probe into an ex-employee's claims that Super Micro violated accounting rules.

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CTP

OCTOBER 30, 2024

Established, wealthy families have long leveraged the concept of a “family office” to preserve their wealth, ensure business succession, establish governance and control, and foster their family legacy. This type of specialized company has been gaining popularity—and many of them have been on the lookout for a tax planner to complete their financial advisory teams.

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Accounting Today

OCTOBER 30, 2024

Richard Chambers is seeing a neverending series of crises confronting internal auditors and posing risks to their organizations.

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auditor audit 75

Advertiser: Paycor

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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ThomsonReuters

OCTOBER 30, 2024

← Blog home The 2024 State of the Corporate Tax Department report by the Thomson Reuters Institute, in collaboration with tax executives, highlights the challenges and opportunities facing tax departments today. With talent shortages looming and technological advancements accelerating, tax departments are at a pivotal juncture. This post delves into the key findings of the report, providing valuable insights and strategies to address these challenges.

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Accounting Today

OCTOBER 30, 2024

The Top 50 Firm is expanding into Delaware with its latest M&A deal.

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Accounting Insight

OCTOBER 30, 2024

Mimo’s suite of financial management tools enables businesses and accountants to easily manage money coming in and going out, and is already processing millions of pounds in payments for hundreds of SMBs each month Mimo is proud to announce the launch of its new Accounts Receivable (AR) product, Mimo Get Paid, designed to complement its existing Accounts Payable (AP) product, Mimo Pay.

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Accounting Today

OCTOBER 30, 2024

Xero announced the winners of its annual Beautiful Business Fund competition, who each received a portion of $460,000 in prize money. Four were based in the US.

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Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

Account

Withum

OCTOBER 30, 2024

Microsoft Power Pages is a feature in Microsoft Power Platform that delivers a secure, enterprise-grade platform for creating, hosting and administering modern external-facing business websites. Power Pages empowers anyone, regardless of their technical skills, to build engaging and interactive web experiences using data from various sources, such as Microsoft Dataverse, SharePoint , Excel and more.

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Accounting Today

OCTOBER 30, 2024

The sofamaker agreed to pay $1.5 million to settle allegations that two former executives devised a fraudulent accounting scheme to meet a key Wall Street metric.

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accounted accountant Account 69

CPA Practice

OCTOBER 30, 2024

Aprio , a top 25 business advisory and accounting firm, has released its 2024 End of Year Tax Update , highlighting 2024 tax updates and factors that will significantly impact tax planning for 2025 and beyond. Notably, the guide hones in on the planned sunset of provisions made to the 2017 Tax Cuts and Jobs Act (TCJA). The majority of the changes made by the TCJA are scheduled to expire, or “sunset,” on December 31, 2025, unless Congress acts to extend them.

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Accounting Today

OCTOBER 30, 2024

Far too often, accountants get put into a box, and people assume this is a single-path career. But that is far from reality.

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Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Account

Menzies

OCTOBER 30, 2024

Menzies LLP - A leading chartered accountancy firm. HMRC Recruitment Drive The Government has confirmed that 5,000 new HMRC compliance officers will be recruited, with the first 200 of these starting in November. This is expected to cost £1.4 billion over 5 years and raise £2.7 billion by 2029/30. The policy move is designed to close the ‘tax gap’ but this will take time to have an impact ‘on the ground’ as it can take several years before an HMRC compliance officer completes their t

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Tax chartered accountant Government Maine 59

Accounting Today

OCTOBER 30, 2024

Private sector employers added a robust 233,000 jobs in October as annual pay grew 4.6% year over year, payroll giant ADP reported.

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Canopy Accounting

OCTOBER 30, 2024

In this episode of Canopy’s Practice Success Podcast, we sit down with Hannah Smolinski, founder and CEO of Clara CFO Group. We discuss Hannah's experience building a fractional CFO firm, why she chose to focus on CFO services, and the evolving role of fractional CFOs. The conversation covers valuable advice for small businesses and accounting firms, including trends in financial advisory and hiring challenges.

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accounting firms accounted accountant Account 59

Menzies

OCTOBER 30, 2024

Menzies LLP - A leading chartered accountancy firm. Following Labour’s election win, they have gone ahead with their intention to impose VAT on education provided outside of the state sector. The current intention is that VAT will be imposed with effect from 1 January 2025. The draft legislation and HMRC’s guidance on how they see the legislation applying have been published, however the guidance does not provide clarity on all of the questions arising, or address concerns regarding the drafting

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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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Ryan Lazanis

OCTOBER 30, 2024

Client Accounting Services are red hot right now. Learn what they are, why they're important and a 7-step process on how to roll them out. The post Client Accounting Services? | Get Started in 7 Steps appeared first on Future Firm.

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Insightful Accountant

OCTOBER 30, 2024

Intuit showcases innovation's to fuel accountant success and drive business grown by powering prosperity with AI-driven insights, staffing solutions for scaling businesses, and features that engage and grow your business.

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accounted accountant Account 52

Ryan Lazanis

OCTOBER 30, 2024

Are you struggling to add advisory services without taking on all the work yourself? Learn how to delegate and make advisory work scalable. The post How to Delegate Advisory Work to Your Team appeared first on Future Firm.

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accounted Account accountant 52

CTP

OCTOBER 30, 2024

Family offices have been rising in popularity in recent years. These specialized companies focus on managing the wealth and the personal affairs of a family. Oftentimes, established, high-profile families need assistance managing their real estate, businesses, trusts, and other assets—this is where the help of a financial advisory team comes in. By working with a large CPA firm or another company offering family office services, families can maintain privacy, develop a unified strategy, establis

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Speaker: David Warren and Kevin O'Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

Sales

Shay CPA

OCTOBER 30, 2024

As accountants, we’re more than number-crunchers. We’re in the weeds with our clients, supporting them as they make decisions that shape the future of their companies. We routinely support startups with strategy and process development, laying the foundation they need to scale. And, finally, we found a way to prove that we have expertise that goes beyond the bookkeeping side of things.

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Anders CPA

OCTOBER 30, 2024

Wednesday, December 11 at 11:00 am CT Remain in compliance with both Section 1071 and the Home Mortgage Disclosure Act with an efficient application process. While financial institutions are correctly concerned about how Section 1071 implementation will impact their processes, don’t miss this HMDA refresher to help prepare for the March 1 st reporting deadline.

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Canopy Accounting

OCTOBER 30, 2024

By now, you’re well aware of the rapid changes facing the accounting industry. And while the word “change” can elicit feelings of uncertainty, there’s one solution that will redefine the ways firms chart the future of accounting — collaboration. From advancements in AI to the growing talent shortage and competitive pressures, firms that band together will build a stronger, more resilient industry for decades to come.

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accounting firms accounted Account accountant 52

Menzies

OCTOBER 30, 2024

Menzies LLP - A leading chartered accountancy firm. The government published its much-anticipated Employment Rights Bill on 10 October, to meet its promise to bring this in within its first 100 days in power. Hailed as “the biggest upgrade to workers’ rights in a generation”, the Bill and its accompanying Next Steps to Make Work Pay document, set out detailed plans about how they intend to bring these reforms into effect.

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