Fri.May 13, 2022

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Planning Cost Savings Through Power BI Platform Unification

Acterys

For over 20 years the Acterys founders have been very closely involved in the evolution of performance management processes working with most major technologies. Cost Saving and Process Efficiencies for Planning & Analytics Through Platform Unification. In this blog, we address the potential for efficiencies and cost savings through platform unification in organically grown, often very disparate approaches that we see at customers.

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New Mexico fire victims get tax relief

Accounting Today

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Anders Named Finalist for the St. Louis Business Journal’s 2022 Corporate Philanthropy Award

Anders CPA

??????? ???????Anders has been named a finalist for the 2022 Corporate Philanthropy & Innovation in Philanthropy Awards in the Midsize Company category by the St. Louis Business Journal. This is the third year in which local partnerships are recognized for going above and beyond standard philanthropic practices in new and creative ways. Companies are selected based on those who gave the most in charitable contributions last year based on total cash and in-kind giving.

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IRS blasted for destroying millions of information returns

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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More Than You Think: The Cost of Employee Turnover

GrowthForceBlog

8 min read. The effects of the Great Resignation have left many companies in the lurch with productivity stymied while they struggle to fill open positions and smooth out operations while they function short-handed.

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KPMG urges audit committees to be more active in cybersecurity

Accounting Today

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Tax investigators identify potential $1B crypto Ponzi scheme

Accounting Today

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EIDL Rapid Portal Closes May 16 – Download Your Loan Docs NOW

Nancy McClelland, LLC

We learned this week that the EIDL is permanently closing their Rapid Portal on May 16th. What does this mean for you? If you haven’t already, download a copy of your EIDL loan agreement documents, and snap a screenshot of your loan number and save it to PDF for easy reference. Your bookkeeper and accountant will thank you for this — and you’ll thank them for insisting you do it!

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Tech News: Deloitte releases ESG accelerators

Accounting Today

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Overcoming Your Most Common Construction Business Time Waster

Randal DeHart

Every day you make financial decisions about your company, which affect how successful and sustainable your construction business is. If you're responsible for the bookkeeping and all the paper management (bills, receipts, estimates, invoices), you could be making errors that affect your decisions. Because of an incorrect decimal place, you may think that you have more money in the bank than you do.

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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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The 'P' in CPA: Understanding auditors’ responsibility to the public

Accounting Today

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A SOC 2 To Satisfy?

Withum

As organizations rely more and more on vendors, undergoing a Service Organization Control examination resulting in a SOC 2 report can help real estate service providers demonstrate security strength. The risks associated with using third parties continue to evolve, with multiple hands touching data from its origination point to its final destination.

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Hybrid work environments persist during the pandemic

Accounting Today

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Hot Topics in the Multiemployer Benefits World Podcast

Withum

Available Episodes. Episode 1: What’s Next for the DOL’s Cybersecurity Guidance? Episode 1: What’s Next for the DOL’s Cybersecurity Guidance? Listen in as Aaron Slaughter and Dave Dorsey discuss the Department of Labor’s guidance for employee benefit plans and best practices for cybersecurity programs. Aaron and Dave will break down the policy and actionable items to improve the Plan’s cybersecurity program.

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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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FASB adds digital assets project to agenda

Accounting Today

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If the AICPA Offers You a Career In Accounting, Just Say No

Going Concern

With the AICPA making filling the CPA pipeline one of their 2022 primary strategic initiatives (see page 11 of the 2021 AICPA Trends report for the full list of pipeline-filling activities they will be going hard on this year), I thought now might be a good time to dust off the ol’ 1980s D.A.R.E. programming and remind America’s youth that if a suspicious man in a blue button-up shirt offers you a career in accounting, you can just say no.

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On the move: HHM promotes four to partner

Accounting Today

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A short guide to Making Tax Digital for landlords

Xero

Making Tax Digital for Income Tax Self Assessment ( MTD for ITSA ) requires that landlords earning more than £10,000 use MTD-compatible software to keep records and make submissions to HMRC. The legislation will come into effect from April 2024. This guide looks at what MTD for ITSA means in practice for landlords. . A closer look at MTD for ITSA. If you’re a landlord earning £10,000 a year from property or business and property, you’ll need to sign up for MTD for ITSA.

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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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I never thought I would say: ‘Let the SEC do it’

Accounting Today

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Friday Footnotes: KPMG’s Idea of a Fun Summer; IRS Eats Their Homework; Downsized GT Downsizes | 5.13.22

Going Concern

Junior KPMG auditor ‘should not lose his home’ for misleading regulator, says tribunal [ Financial Times ] A former junior KPMG auditor should not receive a fine so large it could force him to sell his matrimonial home, a tribunal has said. The UK accounting regulator asked the industry tribunal to fine Pratik Paw £50,000 and ban him from the profession for four years for his part in the deception of its inspectors during a review of KPMG’s auditing of UK outsourcer Carillion.

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Award winning software all the way from South Africa!

Accounting Insight

This was Syft’s first year at Accountex, and what a way to start! Five of us came over from our base in South Africa, bringing hand-painted paintings of local animals from a talented artist we partnered with in Johannesburg, as well as an abundance of “braai salts”. It’s difficult to tell what was more popular – the African spice rub for meat on the barbeque (braai in Afrikaans) or the paintings.