Fri.May 23, 2025

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Survey Shows Emerging Technology Trends in Cost Accounting and Profitability Reporting

CPA Practice

Spreadsheets (30%) remain the most common performance modeling tool, significantly outpacing AI analytics (3%) and blockchain (1%).

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Friday Financial News: Airwallex Raises $300 Million Series F to Build Global Banking Future

Insightful Accountant

Airwallex, a leading global payments and financial platform for modern businesses, has completed a $300 million Series F funding round at a valuation of $6.2 billion.

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Low pay is a challenge for accounting, but bigger salaries aren't the only solution

Accounting Today

Those are daunting pay gaps for most organizations, but accounting leaders have other levers they can pull in order to hire and retain talent.

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Advisor Alliance: ApprovalMax

Insightful Accountant

Advisor Alliance is one way we here at Insightful Accountant can assist you in improving your business related to the various apps and software offerings we write about.

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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

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Creating work-life harmony in your firm

Accounting Today

Highly engaged business units achieve higher profitability and higher well-being.

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How To Optimally Allocate Resources For Construction Business Growth

Randal DeHart

In the competitive landscape of the construction industry, efficient resource allocation is a fundamental pillar for success. Construction business owners like you face the dual challenge of meeting deadlines while adhering to budget constraints, making effective resource management essential. As a business owner, you understand that growth doesn't just happen it takes smart decisions, dedication, and a clear plan.

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Midyear Goal Review for Accountants:  How To Refocus And Finish The Year Strong Without Burnout

Insightful Accountant

If youre an accountant or high-stress professional, you know the pace of life doesnt slow down after busy season. It just shifts.

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On the move: MassCPAs adds 19 to board of directors

Accounting Today

Grant Thornton names heads of health care, asset management and energy; CohnReznick hires data and AI practice leader; and more news from across the profession.

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How to Start a Tax Preparation Business (Step-by-Step)

Ryan Lazanis

Start building a scalable, profitable tax preparation business. This practical guide covers everything you need to get started. The post How to Start a Tax Preparation Business (Step-by-Step) appeared first on Future Firm.

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Boomer's Blueprint: Leveraging assets to grow: A guide for firm leaders

Accounting Today

This strategy allows firms to scale rapidly, control overhead, and expand their impact without increasing what they own.

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Live Demo - Supercharge your Month End Close

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

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VDI vs. VM – What Are The Differences Between Both?

Ace Cloud Hosting

The advancement in cloud and virtualization technology has introduced a flood of technical terms that can be overwhelming, especially for business owners and individuals from non-technical backgrounds. Two such terms.

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VAR 100 2025 deadline extended to May 30

Accounting Today

Accounting Today has extended the submission deadline for our annual VAR 100 survey from May 23 to May 30, giving value added resellers an extra week to send their entries.

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Xero’s FY25 Delivers 23% Revenue Growth

Insightful Accountant

Xero Limited (ASX: XRO) has reported its full year earnings to 31 March 2025 (FY25).

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AuditBoard Expands Into Germany with Risk Management Platform

CPA Practice

The announcement comes as German organizations face a uniquely complex landscape, marked by robust and proliferating national regulations and European Union directives.

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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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Protecting Our Planet With Perpetual Use

Withum

Reuse is for everyoneThere is a real hunger to solve these problems and a real excitement around reuse. Explore Other Episodes #CivicWarriors #WithumImpact The post Protecting Our Planet With Perpetual Use appeared first on Withum.

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IRS Gives Select Taxpayers Until June 16 to File 2024 Returns

CPA Practice

ForU.S.citizens and resident aliens now living or working abroad, including those with dual citizenship, the deadline for filing returns and paying any taxes owed isJune 16, 2025.

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Judge Gives the OK to Proceed With a Class Action Against Workday For Alleged Old Fart AI Bias in Hiring

Going Concern

As the profession’s only news rag written by and for millennials (all are welcome, of course), we feel it’s relevant to bring you this news from the courts as it affects people over 40 and, ugh, that includes us now. HR Dive reported earlier this week that a federal judge in the U.S. District Court for the Northern District of California has given the green light to pursue a class action suit against Workday brought by five people over the age of 40 who say they were unfairly filtere

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New Home Sales Show Consumers Have Reached Their Limits

CPA Practice

Financially, stubbornlyhigh mortgage rates have contributed to housing affordability holding at the worst level in 30 years.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. 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 (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). 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.

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Accountex London 2025 welcomes 16,000+ attendees over 2 days

Accounting Insight

On 14-15 May 2025, the worlds largest and longest standing accounting and finance expo, Accountex London returned to Excel for a record-breaking show. The fourteenth edition of the exhibition welcomed 16,000+ attendees over the 2 days, and more than 12,000 unique attendees, a 10% increase from last year’s show. Visitors travelled from across the country and around the world, from as far as Nigeria and the Seychelles.

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R&D Funding Cuts Create Job Drought for Scientists

CPA Practice

The scientific R&D industry which is home to many pharmaceutical and biomedical jobs cut the most positions last month in more than a year, according to Bureau of Labor Statistics data.

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SALT write-off, Harvard tax, Medicaid cuts: What's in Trump's bill

Accounting Today

Here's a rundown of the House bill's main provisions impacting people and businesses.

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Friday Footnotes: Firms Are Lying About Their Tech Expertise; Deloitte Cuts Bonuses, Hiring; RIP Digital Nomads | 5.23.25

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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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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SALT Write-Off, Harvard Tax, Medicaid Cuts: What’s in Trump’s Bill

CPA Practice

Heres a rundown of the House bills main provisions impacting people and businesses.

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