CPAs, you can have anything you want, but you can't have everything
Accounting Today
NOVEMBER 18, 2022
Fri.Nov 18, 2022
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The Guy Who Saw Enron Through Bankruptcy Calls FTX the Worst He’s Ever Seen
Going Concern
NOVEMBER 18, 2022
If you aren’t familiar with him, John J. Ray III oversaw Enron’s liquidation many years back and now he’s stuck with the monumental task of unraveling FTX after the crypto exchange collapsed last week. @jonwu_ dug through FTX’s Chapter 11 First Day Affidavit so you don’t have to and in it, Mr. Ray has given a scathing review of the company’s operations that make Nigerian princes look like genius masterminds of advanced financial malfeasance.
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What Has Happened to FTX?
Withum
NOVEMBER 18, 2022
Explore Other Episodes. The post What Has Happened to FTX? appeared first on Withum.
You upgrade everything else. Why not your close process?
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You wouldn’t keep using a 2009 flip phone - so why settle for outdated close processes? It’s time for an upgrade. SkyStem's Guide to Month-End Close Software walks you through what today’s best tools can do (and what your team shouldn’t have to deal with anymore). Get smart, fast, and a whole lot less stressed when it’s time to close the books.
Not-for-Profits in the Know Panel: Tapping into Talent, Reacting to Market Volatility and Financial Planning for 2023
Anders CPA
NOVEMBER 18, 2022
We’re wrapping up our 2022?Not-for-Profits in the Know webinar series?designed to educate and empower community leaders to further their missions. With organizations still bouncing back from the pandemic, our last webinar of the year will focus on what your not-for-profit needs to know going into 2023 to start the new year on solid financial ground.
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The Solution To Your Construction Company Equipment Dilemma
Randal DeHart
NOVEMBER 18, 2022
Is it time for your construction business to invest in some new equipment? And if so, is it a more brilliant business decision and cost-effective to rent or buy? Black Friday, followed by Cyber Monday, is coming. The real question is what equipment is on your business shopping list. It is all a question of your budget, income, cash flow, profit & loss, and taxes.
Client Spotlight: Diversifying The Film Industry
GrowthForceBlog
NOVEMBER 18, 2022
3 min read. Department of Motion Pictures is making waves in the film industry. Their wide variety of documentary-style features & series has premiered (and won!) at global festivals like Sundance, Cannes, and Telluride, and has taken home awards such as the coveted Oscar, Grand Jury Prize, and the Peabody award.
AI In Accounting: A Practical Roadmap For Smarter AP
Speaker: Gerald Ratigan
The accounts payable (AP) function is evolving and AI is leading the charge. As finance teams face rising invoice volumes and expectations for speed and accuracy, AI-powered automation has shifted from a futuristic concept to the most practical solution. But for finance leaders, success isn’t just about selecting the right tools, it’s about implementing the right strategy.
Friday Footnotes: Retired EY Partners Hate on the Split; It’s a Raid!; ‘An Alphabet Soup of Technology’ | 11.18.22
Going Concern
NOVEMBER 18, 2022
Big 4. EY split threatens to weaken both sides of firm, say retired partners [ Financial Times ]. More than 150 retired EY partners have written to the accounting firm’s leadership objecting to the radical plan to split its consulting and audit businesses. In a three-page memo seen by the Financial Times, the retired US partners say the plan as envisaged threatens to weaken both halves of the firm, while also asking whether EY’s global chief executive, Carmine Di Sibio, is properly protecting th
Accessing Restaurant Revitalization Funds
KROST
NOVEMBER 18, 2022
If you are having trouble accessing your Restaurant Revitalization Fund (RRF), please follow the steps below. If you have not logged into your account through the Small Business Administration (SBA) portal, or it has been a while since your last log in, the SBA may have marked your account as “inactive” In this case, you Read the full article.
Stop Budget Burnout: A Better Way to Grow Your Nonprofit in 2026
Speaker: Sean Yoder
Nonprofits are under more pressure than ever to demonstrate financial accountability while continuing to expand their impact. Traditional budgeting models often fall short, reinforcing silos, limiting flexibility, and stalling growth. Enter collaborative budgeting: a dynamic, team-driven process that enables smarter resource allocation and builds financial resilience at scale.
On-Demand Webinar: The Changing Landscape of Vehicle Sales
Withum
NOVEMBER 18, 2022
Up until now, automobile dealerships have been able to sell electric vehicles without having to make a specific investment for the right to do so. Historically, dealers have been able to sell commercial, internal combustion, and electric vehicles. With the new OEM endeavors and the associated investment expectations being placed upon dealerships, it begs the question, “how will this changing landscape impact the market as a whole?”.
PCAOB proposes overhaul of quality control requirements for audit firms
Accounting Today
NOVEMBER 18, 2022
Which Firm Had the Most IPO Audit Clients In Q3 2022?
Going Concern
NOVEMBER 18, 2022
The initial public offering slump of 2022 continued in the third quarter, as the 39 IPOs that raised a combined $3.1 billion is significant lower than the 199 IPOs in U.S. markets in Q3 2021, which raised a total of $49.7 billion, according to a new analysis from Audit Analytics. The amount raised in Q3 2022 is the smallest since the first quarter of 2016 when a combined $2.9 billion was raised.
Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future
Speaker: Joe Wroblewski, Sales Engineer Manager
Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te
Year-end Reporting and Closing the Books: Why, How, and Tips
Accounting Seed
NOVEMBER 18, 2022
After you’ve run a business for a while, regular tasks such as managing payroll become second nature. It’s not so easy to get a handle on annual reporting, as it only happens once a year. Yet mastering the report business is important, and not as hard as it seems. Good year-end reporting lets you explain your company’s goals and its story to investors.
Mark Eckerle and Ryan Babiak, Withum’s Tech Summit Session
Withum
NOVEMBER 18, 2022
Explore Other Episodes. The post Mark Eckerle and Ryan Babiak, Withum’s Tech Summit Session appeared first on Withum.
What You Should Know After You Have Incorporated
Ronika Khanna CPA,CA
NOVEMBER 18, 2022
Deciding whether to incorporate can be challenging for many small business owners. There is a lot of conflicting information and it can be hard to determine, in the absence of experience, what facts are relevant to your situation. The internet can only answer so many questions. It can be helpful to speak to an expert on starting your business , but ultimately the decision is yours.
Chancellor's Autumn Statement.
Inform Accounting
NOVEMBER 18, 2022
The Chancellor announced his Autumn Statement yesterday. We already knew that he was going to raise taxes and reverse most, if not all of the Truss Budget. Indeed, the Chancellor set out his priorities as Stability, Growth and Public Services. What this means is that we are back in Austerity 2.0 mode. Oh, and inflation is still going to be running at 10% across 2023.
Live Demo - Supercharge your Month End Close
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Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i
Cryptoasset: What Does HMRC View As Trading?
Menzies
NOVEMBER 18, 2022
Menzies LLP - A leading chartered accountancy firm. With HMRC’s latest updates to their cryptoasset manual in February 2022, the days of it being uncharted territory are coming to an end. The update in question provides advice regarding the tax treatment of cryptoassets, allowing traders to efficiently organise their digital assets. However, does the new guidance cover enough ground?
How Hospitality accountants helped Peach Pubs grow and scale-up
Wellers Accounting
NOVEMBER 18, 2022
Stuart Crook FCA , explains how Peach Pubs grew a successful hospitality chain to achieve an eventual exit.
Not-for-Profits Cash Inflow for Clean Energy Capital Expenditures
Withum
NOVEMBER 18, 2022
President Biden signed the Inflation Reduction Act of 2022 (“IRA”) into law on August 16, 2022. The deficit reduction bill invests $369 billion in energy security and climate change programs. A significant portion of this investment is reflected through the modification and creation of new energy credits. . While in previous taxable years, not-for-profits were limited to capturing these cash benefits directly unless they had unrelated business income tax (“UBIT”), under the IRA, all not-for-prof
The Autumn Statement 2022: What tax rises mean for your finances
Wellers Accounting
NOVEMBER 18, 2022
Tom Biggs ACA CTA , explains how tax rises will impact on businesses and individuals following the Autumn Statement.
Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback
Advertiser: Paycor
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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