Wed.Sep 27, 2023

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Outsourced Bookkeeping for CPAs: 8 Options Compared

Ryan Lazanis

If you’re a CPA firm looking to outsource your bookkeeping, you’ll want to check out this post on the 7 different options for outsourced bookkeeping for CPAs. In this article, I’ll run through some of the more modern options that might make the most sense for your firm at the moment. Check it out: Outsourced Bookkeeping for CPAs Terminology Before continuing, there are 3 terms that I want to briefly define which will have an impact on the option you select.

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The top cities to be an accountant

Accounting Today

Forbes Advisor has ranked the 99 best places for an accounting career.

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No procurement team? No problem. Procurement checklists to get more spend under management.

Airbase

Procurement plays a pivotal role in cost management, risk mitigation, and financial performance. But until recently, many organizations struggled to define their processes and find the right tools to manage procurement. Let’s take a look at the basic elements of procurement, and how different organizations and systems approach this vital function. What is procurement?

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AICPA backs STEM accounting bill in Congress

Accounting Today

The American Institute of CPAs expressed strong support for bipartisan legislation that would establish the accounting profession as a STEM career pathway.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

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How Accounting Firms Are Winning the Automation Game

CPA Practice

For accounting firms, automation gathers scattered information and turns it into valuable insights. It increases productivity and empowers firms to better advise their clients by putting the right data into the right hands at the right time. So, it should come as no surprise that firms using technology and software to streamline certain practices and processes are reaping the growth and financial benefits of automation.

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IRS and Treasury offer guidance on energy efficient home tax credit

Accounting Today

The Internal Revenue Service and the Treasury Department released information on two energy-related tax breaks under the Inflation Reduction Act.

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More Trending

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Andersen rolls out global valuation practice

Accounting Today

The international network founded by a group of former partners from Arthur Andersen has unveiled a global valuation practice.

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Small Business Owners’ Confidence in the Economy Nears Pre-Pandemic Highs

CPA Practice

By Alyssa Khan, Inc. (TNS) Small business owners are more optimistic than they have been since early 2020, according to the Q3 Small Business Index. The latest survey of small businesses from MetLife and the U.S. Chamber of Commerce, the Q3 index shows that overall confidence in the economy is up (33% of those surveyed said the economy is in good health, compared to 24% in the Q2 survey ).

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SEC appoints George Botic to succeed Duane DesParte at PCAOB

Accounting Today

The Securities and Exchange Commission appointed a CPA who has served as director of the Public Company Accounting Oversight Board's Division of Registration and Inspections.

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Hundreds of Illinois CPAs Participate in Annual Day of Service

CPA Practice

Hundreds of certified public accountants across Illinois participated in the Illinois CPA Society’s 14th annual CPA Day of Service on Sept. 23, 2023, with others still planning activities later this fall. Goodwill and good times were plentiful as nearly 900 CPAs in their matching CPA Day of Service T-shirts took part in a wide variety of individual and group charitable and community service activities in support of the communities and causes they care for.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

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New Markets Tax Credit Case Study for Welcome House

Cherry Bekaert

Welcome House Sponsor For more than 50 years, Welcome House has been committed to providing a high-quality, moral and open residential program to men struggling with alcoholism and addiction. Welcome House has held more than 50,000 12-step meetings and helped over 18,000 men become productive members of society again. This program has become a vital recovery resource and a community safety net for the Kansas City area.

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Five Amazing Accounting Apps and Features

CPA Practice

By Roman H. Kepczyk, CPA.CITP, CGMA. The CPA Firm Management Association (CPAFMA.org) recently hosted an open chat forum where member firms discussed “amazing” accounting applications that had significantly improved firm productivity. While some of the most highly touted were relatively new, others built on features to existing applications, with many attendees not aware that these capabilities had been added, extending the functionality of their existing applications.

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Accelerating Your Business Growth Through Continuous Improvement: Part 1

Cherry Bekaert

Continuous improvement can be defined as organizational efforts to enhance systems, processes, products or services. It involves identifying inefficiencies, assessing existing methods and transforming business strategies to achieve better outcomes. In this episode of Cherry Bekaert’s Digital Journeys podcast series, Jim Holman , Director and Strategy & Operations Leader, and Steve Holliday , Director of Digital Advisory, discuss the importance of implementing a practice of continuous impro

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Employee management tools to help your cash flow

Xero

With economic conditions putting pressure on Australian small businesses, owners are looking at different ways to maintain a healthy cash flow. Our ‘Money matters’ report showed that 61% of Australian small business owners increased their prices in the last 12 months to stay ahead of rising costs and make a profit. 27% also had to dip into their personal savings to manage their cash flow.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

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AICPA Supports Legislation that Recognizes Accounting as a STEM Career Pathway

CPA Practice

The American Institute of CPAs (AICPA) is supporting new bipartisan, bicameral legislation establishing the accounting profession as a STEM career pathway and supporting long-standing efforts to diversify the future accounting workforce. In the House of Representatives, H.R. 3541, the Accounting STEM Pursuit Act of 2023 was introduced by Representatives Haley Stevens (D-MI) and Young Kim (R-CA); in the Senate, Senators Susan Collins (R-ME) and Jacky Rosen (D-NV) introduced S. 1705, the STEM Educ

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Changes in Tax Law: The End of the Road for Conservation Easements

CTP

Navigating the Tax Code can be like trying to follow a map where the lines are constantly shifting. Every month, it seems like new guidance is released, new legislation is passed, or new cases are tried by tax courts, and suddenly, applying tax law has become a completely different game. Taxpayers are understandably confused, and if you work with clients who do a heavy amount of investing, they may come to you concerned that their tax strategy is being compromised by what they read in the latest

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Evolving Legal Tech Stack: What Software Do You Need

Cherry Bekaert

Utilize Technology to Deliver Client Value Client expectations are on the rise as law firms continue to leverage technology to generate efficiencies. In an increasingly complex and competitive market, choosing the right technology stack is key to attracting and retaining clients that expect excellent personalized service. As law firms utilize more technology, firm leaders require guidance on technology regulation.

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Xero Beautiful Business Fund: Apply now to upskill your team for the future

Xero

Running a small business often means you and/or your team need to wear a few different hats to get things done. You might be an expert plumber or talented hairdresser, but that doesn’t mean you have all the skills you need to run a small business. Filling that skills gap by investing in training is a great step that small businesses can take to set themselves up for success by building and retaining a great team.

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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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Changes in Tax Law: Exchanging Your Conservation Easement Strategy for a Fee Simple

CTP

For the investment-focused landowner, conservation easements have served as a means to a substantial tax break. A conservation easement is when a landowner agrees to permanently limit their use of the land or ability to make changes to the buildings on it. This conservation may have environmental goals, such as improving water quality or forest growth, or historical purposes, such as maintaining a building’s façade.

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Consumer Confidence Falls to a Four-Month Low in September

CPA Practice

By Reade Pickert, Bloomberg News (TNS) U.S. consumer confidence slumped to a four-month low in September, dampened by a deteriorating outlook for the economy and labor market. The Conference Board’s index declined to 103 this month from an upwardly revised 108.7 in August, data out Tuesday showed. The figure fell short of the median estimate of 105.5 in a Bloomberg survey of economists.

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Alternative Approaches To Paid Time Off Policy for Skagit County Businesses

SkagitCountyTaxServices

October is right around the corner. So is the October 15th extension deadline. And so is the fourth quarter for your Skagit County business. As we approach Q4, be mindful of the usual year-end accounting needs and reporting requirements that will be popping up. We’ll keep you informed of changes coming, but please do reach out proactively to begin preparing if you haven’t already: app.acuityscheduling.com/schedule.php?

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QuickBooks Money Offers Subscription-Free Payments and Banking for Small Businesses

CPA Practice

Managing cash flow is one of several key areas in which the accounting and bookkeeping community can work with their clients to improve their businesses. To help with this, Intuit recently announced the debut of QuickBooks Money , a new, all-in-one payments and banking solution with no monthly fees or minimum balance requirements that gives small businesses complete control of their money from anywhere.

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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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Financial restatements surge among SPAC startups

Accounting Today

The number of companies that have restated their financial results or disclosed accounting problems has increased significantly in recent years.

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AICPA Unveils Its Most Desperate Pipeline Initiative Yet

Going Concern

Surely this will get the kids interested in accounting! She’s riding a skateboard because you can’t afford a car on a public accounting starting salary. From AICPA & CIMA’s Career Launchpad on This Way to CPA Why’s there a bearded hipster hanging out creepily in the back? Some appropriate Twitter reactions: Vibes: pic.twitter.com/p9pqErdnyG — Matthew J.

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Farmers and ranchers get more time to replace livestock

Accounting Today

With droughts impacting almost all 50 states, the IRS is giving more relief.

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Alabama Sales Tax Reform for Small Businesses

Dent Moses

Beginning October 1st, businesses with an average monthly sales tax liability of less than $20,000 will no longer be required to pay estimated sales tax to the state. The Alabama Department of Revenue will send a letter to those impacted. Click here to see the Alabama Department of Revenue Notice: ADOR sales tax change 10.01.23 Click here for a complete copy of the bill: Alabama Bill HB77 – sales tax The post Alabama Sales Tax Reform for Small Businesses appeared first on Dent Moses, LLP.

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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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What CPAs can learn from Smucker's

Accounting Today

How do you get as much benefit as possible from in-office collaboration while giving as much flexibility to work remotely?

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4 important business trends to watch for in 2024

Reckon

What’s dominating and altering the business sphere this year and what should we be looking at for in 2024? While you don’t have to pay attention to every single flavour of the month, you should always be on the lookout for important shifts that may either impact your business or provide an opportunity. There’s never any harm in knowing what’s coming in the business world – quite the opposite. 1) Employees will be even more active in seeking remote and hybrid work The remote working trend that be

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Vendor Spotlight: Laurel

Accounting Today

In this week's Vendor Spotlight, we catch up with Laurel, the AI-powered time tracking software solution.

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Everything You Do in Your Firm is Sales

Ryan Lazanis

Beyond client acquisition, I discovered that sales permeates all aspects of effective business management. In this episode, I shared the importance of sales and how to incorporate it into your firm’s processes. Listen Below. 1:05 – At the outset of establishing my accounting firm, I dreaded sales calls, grappling with low self-assurance and a challenging learning curve as an introvert. 1:33 – Emphasizing a sales-oriented approach to recruitment is key to attracting the right ca

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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.