Mon.Oct 09, 2023

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The 2023 Best Firms for Women

Accounting Today

Our annual ranking of the most female-friendly workplaces in accounting.

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Financial Service Leaders Confident in Digital Fitness of Sector, But Worry Over AI

CPA Practice

The vast majority (94%) of financial service leaders are confident that their businesses are “digital fit for the future” but doubts remain with 26% saying they suffer from “tech anxiety” when it comes to AI and machine learning, according to new research. The study, from global digital transformation consultancy Kin + Carta , defines “tech anxiety” as the feeling senior leaders have as a result of the rapid pace of advancements in technology that are causing concern when it comes to how their b

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A Majority of Leaders Are Down to Give Financial Rewards and Promotions to Those Who Return to Office

Going Concern

KPMG released its 2023 CEO Outlook last week and we really don’t care that 73 percent of CEOs surveyed have confidence in the global economic outlook over the next three years nor do we care that three-quarters of them are concerned about rising interest rates leading to a recession. Let’s instead highlight the talent portion: This year’s challenging global landscape underscores the pressures CEOs feel to make decisions on a variety of critical issues — and they impact how CEOs plan

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Are there Drawbacks to a Hybrid Workspace?

CPA Practice

By Brandon Cohen. Hybrid work has been all the rage since the pandemic. The combination of remote work and working in office appeals to many employees, as they feel they get the best of both worlds, as well as employers, who feel they do too. However, the hybrid work environment has many drawbacks that aren’t discussed enough. Understanding the best fit for your company will allow you to make your employees happy, get the best work out of them, and create the most efficient workspace possible.

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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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Pros and Cons of Different Types of Real Estate Funds

Cherry Bekaert

When investing in real estate funds , especially amid a volatile macroeconomic landscape, it is imperative to know the differences between the various types of funds. To ensure that you’re maximizing your investment dollars, you must understand the intricacies of the most notable types of real estate funds: real estate investment trusts (REITs), open-end funds and closed-end funds.

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These Job Seekers Lie More Often on Their Resumes

CPA Practice

By Jennifer Alsever, Fast Company (TNS) Lying is becoming pretty standard throughout the job interview process—and it’s especially prevalent among more educated candidates, higher earners, and even company hiring managers, according to new surveys. As many as 70% of workers said they have lied on their resumes, with 37% admitting that they lie frequently, according to ResumeLab’s Job Applicant Behavior Survey of 1,900 workers.

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More Trending

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FASB Issues Disclosure Improvements in Response to the SEC’s Disclosure Update and Simplification Initiative

CPA Practice

The Financial Accounting Standards Board ( FASB ) has issued an Accounting Standards Update (ASU) that incorporates certain U.S. Securities and Exchange Commission (SEC) disclosure requirements into the FASB Accounting Standards Codification. The amendments in the ASU are expected to clarify or improve disclosure and presentation requirements of a variety of Codification Topics, allow users to more easily compare entities subject to the SEC’s existing disclosures with those entities that were n

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11 Game-Changing Marketing Strategies for Accounting Firms in [2023]

Ace Cloud Hosting

Marketing strategy is one of the critical factors that separate high-growth accounting companies from low-growth ones. However, it’s not always the amount of money a company spends distinguishes the winner.

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Art of Accounting: Leaving your job to start your own practice

Accounting Today

Starting a firm is an opportunity and should not be treated as a chore or something that you have no choice in what you are doing.

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Planning for the road ahead: Key insights from the NZ ‘State of the industry’ report 2023

Xero

We are pleased to share the key findings from our study of the accounting and bookkeeping sector in Aotearoa New Zealand. The State of the industry report 2023 is the first of its kind in Aotearoa New Zealand and benchmarks the industry, highlighting key trends, challenges, and opportunities faced by accounting and bookkeeping professionals. Despite a recession being declared midway through 2023 and rising inflation, the sector has shown incredible progress and resilience during these challengin

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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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New rules may make SBA financing easier

Accounting Today

Changes to the Small Business Administration's SOP affect both accountants and their small-business clients.

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Planning to Update Your Timekeeping Software in 2024?

Insightful Accountant

Hour Timesheet and Clockwise co-founder Debbie Sabin discusses the right time to upgrade your timekeeping software—and some tips for knowing when.

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How to roster your staff effectively

Reckon

If you’ve got staff on the payroll – especially a revolving roster of casual and part-time staff – rostering effectively is not only essential but could be the difference between your overall business success…or failure. If you don’t get your rostering right, you might have nobody running your business when it counts. But that’s just the tip of the iceberg.

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Tailored flexibility: The Best Firms for Women

Accounting Today

The 2023 Best Firms for Women have fostered a culture of encouragement and specialized support.

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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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AICPA Hits a Home Run with ESG Symposium

CPA Practice

Approximately 60 members and friends of the accounting profession gathered in New York City recently to share experiences, findings, expectations, and premonitions around this thing known as ESG which has taken on a life of its own in our society and in particular in corporate boardrooms. Environmental, Social, and Governance make up the pieces of ESG, and businesses are feeling the pressure from analysts and those who move money around in our economy to recognize and respect the influences of i

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What happens if shareholders move to a new state?

Accounting Today

Along with the possible requirement to file paperwork for establishing the corporation in the new state, there may be changes in tax responsibilities.

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Massachusetts Enacts Single-Sales Apportionment Among Other Tax Provisions

Withum

On October 4, 2023, Massachusetts enacted tax legislation (H.4104), which will dramatically affect how businesses calculate their Massachusetts income. The legislation adopts a single sales factor apportionment formula for all corporations and also makes changes for how financial institutions source its income from investment activities and trading activities.

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Monday Morning Accounting News Brief: The EY Executive Who Never Was; Deloitte Doesn’t Get in Trouble | 10.9.23

Going Concern

Good morning, happy Monday, etc. etc. Here’s the news or what passes for it in our sector this time of year. Project Everest claims another one. How it started: Our article: Woman Quits Her Job to Be CFO For Big 4 Business That Doesn’t Exist Yet (January 12, 2023) How it’s going : EY finance chief left after failure of spin-off plan Jamie Miller, who was appointed global chief financial officer of EY in January, quit the accounting firm after less than six months following the collap

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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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The greater the connection, the greater the service

Accounting Today

As business evolves, the importance of collaboration with clients, tech and regulators for accountants will only increase.

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U.S. Hiring Surged in September

CPA Practice

Reade Pickert, Bloomberg News (via TNS). U.S. employment unexpectedly surged in September, illustrating a durable labor market and bolstering the case for another Federal Reserve interest-rate hike. Nonfarm payrolls increased 336,000 last month — the most since the start of the year — after sizable upward revisions to the prior two months, a Bureau of Labor Statistics report showed Friday.

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The art of mindful selling: Becoming a cherished advisor

Accounting Today

It's time to shift your focus from the transactional to the relational.

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Navigating Risk: Best Practices for Managing Crypto and Digital Asset Investments

Withum

The crypto and digital asset market operates 24 hours a day, 7 days a week, 365 days a year. Without proper risk management, institutional firms become susceptible to the risk of financial loss by way of misappropriation of assets. Three Key Risk Areas Here are three key risk areas both individuals and organizations should be aware of for best practice and proper risk management.

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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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Top 7 Technology Trends Shaping the Future of Tax 

Ace Cloud Hosting

The taxation industry is adopting the latest technologies, primarily due to the optimization and efficiency they bring to the processes. Thanks to dynamic accounting technologies, taxation professionals are creating their.

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Thomson Reuters Unveils ONESOURCE E-Invoicing

Insightful Accountant

Thompson Reuters has unveiled ONESOURCE, a new e-invoicing solution for multinational businesses. The new solution simplifies global e-invoicing compliance with integrations and API connectivity.

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Key performance indicators for NFP accountants

Accounting for Good

Key performance indicators for NFP accountants are the best way to measure performance outcomes and gain beneficial financial insights for your clients | AFG

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Amendment under IGST Act effective from 01.10.2023| GST exempted on ocean freight on Import of Goods and others

VJM Global

Apex Indirect Tax Body, i.e., CBIC , has made major amendments under IGST Act which will be having impact on both, businessmen and end users. Some services tend to get costlier for end users and importers are getting major relief from payment of tax on some services. This article contains a detailed analysis of amendments w.e.f. 1st October, 2023 in Integrated Goods and Service Tax Act, 2017 ( IGST Act ): 1.

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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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Solving Cash Flow Issues in Your Web Design Business

Steve Feinberg

As a web designer, your business relies on a steady cash flow to keep your company afloat and your client services running smoothly. However, cash flow issues in web design business are not uncommon, and businesses with cash flow problems may struggle to pay their bills, pay their employees, and invest in new equipment or technologies. In this blog post, we’ll explore the common cash flow challenges faced by web designers, and examine some strategies to help you manage cash flow problems t

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Deloitte U.K. Partners Paid Over £1 Million Despite Slowdown

CPA Practice

By Irina Anghel, Bloomberg News (TNS) Partners at the U.K. arm of Deloitte LLP will earn more than £1 million ($1.2 million) again this year despite a recent slowdown in demand. The amount shared by the accounting firm’s 1,300 U.K. equity partners is broadly the same as last year. They also pocketed another £53,000 each after the firm made £38 million from selling Deloitte Total Rewards and Benefits, it said Sept. 29.

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Foreign Exchange & Interest Rate Risk Management and Accounting

Cherry Bekaert

In an increasingly global economy, it is more important than ever to understand how foreign exchange affects business through interest rates, central bank policy and foreign market conditions. Our speakers will cover what drives foreign exchange volatility, what the risks are to corporations and how to manage those risks. Additionally, learn about corporate hedging and how it could benefit your business.

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Paystand Adds Integration with Microsoft Dynamics 365 Business Central

CPA Practice

Paystand , a blockchain-enabled B2B payments platform, has added a new integrated solution for the Microsoft Dynamics 365 Business Central portfolio of intelligent business applications. Now, SMB finance departments may eliminate slow manual AR processes to reduce days sales outstanding (DSO) and speed time-to-cash, all with zero fees. This integration gives Microsoft Dynamics 365 Business Central customers a modern Payments-as-a-Service mode that is fully digital and intuitive.

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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.