Tue.May 17, 2022

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National Accounting Day 2022

Lockstep

This week, we are celebrating the success of our wonderful customers, because accounting teams are the backbone of every business. Even more so, without the organization and fortitude of the accounts receivable (AR) teams, cash flow would be a “cash trickle.” . Lockstep is dedicated to helping our customers improve cashflow, decrease days sales outstanding (DSO), and increase working capital through award-winning accounts receivable automation.

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Trends: Are sourcing rules changing (and making anything easier)?

TaxConnex

“Sourcing” or as we often call it, situsing, is key when you determine sales tax obligations: It refers to the location where a sale is taxed. According to the Sales Tax Institute there may be changes on the horizon– and though the aim appears to lean towards improving life for remote sellers, the changes only seem to make meeting sales tax obligations harder.

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Critical Series A Finance Metrics for SaaS Startups

BurklandAssociates

SaaS startups need strong metrics for Series A funding that demonstrate traction, growth, profitability, and efficiency. The post Critical Series A Finance Metrics for SaaS Startups appeared first on Burkland.

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IRS audit rates plummet, especially for wealthy

Accounting Today

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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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How Women are Overcoming Bias in Bookkeeping

Accounting Web

Bookkeeping How Women are Overcoming Bias in Bookkeeping.

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Democrats urge IRS to boost drivers’ 58.5-cent mileage deduction

Accounting Today

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More Trending

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Should I stay or should I go? What it means to move your CPA firm to the cloud

Accounting Today

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What you need to know about changes coming to payroll from 1 July 2022

Xero

While it may be lacking the fireworks and champagne of New Year’s Eve, come 1 July the new financial year ushers in fresh opportunities for Australia’s small businesses. Along with the new calendar, there are often regulatory changes for you to manage or implement. And this year is no different, with updates coming to payroll in FY23. . Starting from 1 July 2022, there are a number of government requirements that will impact how you manage payroll (including superannuation) for employees.

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M&A roundup: Baker Tilly, Aprio and P&N expand

Accounting Today

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Steps to perfect your payroll this EOFY

Xero

Tax time will look a little different this year compared to last, with the conclusion of the JobMaker and JobKeeper schemes and business slowly returning to normal. However, most of us will have completed an EOFY using Single Touch Payroll (STP) before, so wrapping up the 2021/22 financial year should be smooth sailing. . Whether this is your first time finalising your EOFY with STP, you’re an old hand, or you need to submit payment summaries for your employees – by following these steps y

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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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IRS urged to strengthen compliance on pandemic tax breaks

Accounting Today

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FP&A Hindsight is 20/20: What Lessons Can We Learn?

Anders CPA

If we’re discussing hindsight in business, let’s use a particularly early example. Pretend you own a business transporting goods by horse and carriage. You’re focused on finding a way to make your horses run faster or further. If you can figure that out, you’ll increase business. Meanwhile, there’s a guy trying to build an automobile that would replace the need for horses.

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Marketing for Accountants: The Top 19 Strategies

Ryan Lazanis

If you’re looking for the best marketing for accountants’ strategies, you’ve come to the right place. In this post, I’m going to outline 18 of the top strategies working well right now to help you attract clients. Most of these methods I’ve personally used myself to help take my cloud accounting firm from scratch to sale in just 5 years. Let’s check them out!

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The Bookkeeper Basics. Do You Need One?

AccountingDepartment

Running a small to medium-sized business requires keeping track of your cash flow. You have to make sure vendors get paid, invoices become entered into computer systems, and transactions are recorded. Who you hire to perform these daily tasks can help keep your transaction records accurate and ensure taxes, as well as audits, are performed efficiently.

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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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Geffen Mesher launches data division

Accounting Today

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CalCPA BUZZ: Last Chance for CalCPA Service Award Nominations

CalCPA

Recognize an outstanding member or firm by submitting a nomination for a CalCPA Service Award: Public Service Award (individual): Given to a CPA. The post CalCPA BUZZ: Last Chance for CalCPA Service Award Nominations appeared first on Hot Topics.

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BDO restructures assurance practice

Accounting Today

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Top 100 ProAdvisor Stephen Smith on Making Good Hires

Intuitive Accountant

There is no question that the last 18-plus months have challenged each of us. To see how some of the industry’s leaders did it, here’s another in our series on what Top 100 ProAdvisors did to weather the storm.

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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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Indiana CPA Society honors top professionals of 2022

Accounting Today

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A Definitive List of Reasons to Stay to Manager at a Big 4 Firm in 2022

Going Concern

1. The post A Definitive List of Reasons to Stay to Manager at a Big 4 Firm in 2022 appeared first on Going Concern.

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Crypto tax startup gets backing from Haun Ventures

Accounting Today

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Payroll Benefits Sponsors 401(k) at Scaling New Heights 2022 (Part 3)

Intuitive Accountant

Murph looks at some of the Payroll Benefits sponsors appearing at 'Scaling New Heights 2022.

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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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Cherry Bekaert signs on as LeaseQuery reseller

Accounting Today

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Building Champions on the Global Stage

Intuitive Accountant

How Xero is helping FIFA champion women’s soccer around the world—and why that matters to women-owned small businesses everywhere.

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In the blogs: Of bins and bogdowns

Accounting Today

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Ten Business Tips for Technology Entrepreneurs

Withum

The technology industry is a fast-paced, dynamic environment that requires you to continuously focus on your business operations in a highly competitive market saturated with innovation, disruption, data privacy considerations and even ethical issues. What can entrepreneurs in the tech industry do today to survive, thrive and grow in the face of numerous challenges?

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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.

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eCommerce accounting tips to maintain a positive cash flow

Basis 365

Cash flow is essential for small-business owners; money coming in and going away should be balanced. Particularly for eCommerce businesses, cash flow statements can be challenging to understand. However, it is essential to learn how to read them to know when you should order supplies and how to maximize profit. These are some tips to help you ensure that your company is bringing in enough money and spending it wisely to keep your supply chain healthy and your company afloat. 1.

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iwoca SME Expert Index: One in three brokers say lending market has returned to pre-pandemic levels

Accounting Insight

Nearly one in three (30%) brokers believe the UK SME lending market has returned to levels seen before the outbreak of the Covid-19 pandemic. Over a third of brokers (34%) say small businesses’ applications for finance were up last month, compared to the four weeks prior. Heightened demand for loans amidst rising business costs, as 31% of brokers cite ‘managing day-to-day cash flow’ as the top motivator for small business owners applying for finance, up from 24% in Q4 2021. 39% of brokers are sa

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Effect on overseas investment by non-resident capital gains tax for UK commercial property

Menzies

Menzies LLP - A leading chartered accountancy firm. Factors such as a constant and stable capital growth, reliable rental income, positive exchange rates and regulations have historically made the UK commercial property market a very attractive investment. Historical tax incentives also made the market a lucrative option but the tax rules have changed and not for the better.

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Guy Compares the IRS to Barnes & Noble

Going Concern

Julio Gonzalez. “ The IRS destroying data for an estimated 30 million filers in March 2021 is appalling. This will create massive chaos for taxpayers in terms of filing time and refunds. The fact that the IRS is a business that operates in the dark ages in terms of technology further compounds the taxpayer’s burden. They act like they are Barnes & Noble when Amazon would be the benchmark. ”. — Julio Gonzalez , CEO and founder of Engineered Tax Services, said in a press release emailed

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Automation, Evolved: Your New Playbook for Smarter Knowledge Work

Speaker: Frank Taliano

Documents are the backbone of enterprise operations, but they are also a common source of inefficiency. From buried insights to manual handoffs, document-based workflows can quietly stall decision-making and drain resources. For large, complex organizations, legacy systems and siloed processes create friction that AI is uniquely positioned to resolve.