ThomsonReuters
MAY 6, 2022
Technology has become an indispensable part of modern business by automating mundane tasks, increasing efficiency, and reducing costs. However, technical tools can’t solve everything and should be viewed as a complement to – rather than a substitute for – the human element. In this episode of Pulse of Practice , “Do I have to choose between tools and staffing?
CTP
MAY 6, 2022
Brought to you by Tri-Merit. High-performing accounting firms focus on providing high-value, specialized services tailored to their clients’ needs. If you are offering tax planning, that often means addressing industry or situational-specific solutions. . Expanding your offerings through referral partners is a great way to add more value to your clients’ businesses while growing your revenue to service your clients at the highest level.
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ThomsonReuters
MAY 6, 2022
The Spring 2022 Certified Payroll Professional (CPP) exam testing period ended a few weeks ago on April 16, 2022. Hopefully, there are many CPPs out there! Next testing period . The next testing period for the CPP begins on September 10, 2022, with registration for it opening on July 6, 2022. This Summer/Fall testing period will be based on federal laws and regulations in effect as of January 1, 2022.
Randal DeHart
MAY 6, 2022
Success in operating a profitable construction business is all about maintaining the proper balance of control over both The Profit Centers and The Cost Centers. If either one gets too powerful and is allowed to run your construction company, it can cause more damage than good. The definition of a Non-Profit Construction Company is one that tries to fix its weaknesses and continues making the same mistakes repeatedly, expecting a different result and continues to struggle until the owner lays do
Advertiser: Paycor
HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.
ThomsonReuters
MAY 6, 2022
Many accounting firms provide invaluable services that go far beyond tax prep and financial reporting. For small to mid-size accounting firms that want to explore other revenue streams, accounting consulting services can be a great place to start. Many CPAs offer consulting services alongside regular tax preparation, which helps create additional revenue for the firm and provides additional support for clients.
Accounting Insight
MAY 6, 2022
The accountancy and audit industries have been buzzing for decades around the prospect of the audit of the future. As is often the case, many years of talking did not immediately translate into action, and the profession can seem set in its ways and slow to modernise, particularly when compared to other industries. Now, however, we seem to be at a critical stage in our journey towards lasting change, giving cause for optimism that tomorrow’s audit may come sooner than we think.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
Going Concern
MAY 6, 2022
Audit rooms come in all shapes and sizes—usually small, often windowless, sometimes with chairs you can actually sit on, and almost always as far away from the finance/accounting department as possible. After eight years in public accounting, I have loads of unforgettable audit room experiences. Here are just a few. The hostile work environment. Th is audit room was literally on the opposite end of the building from the finance department and next to the very loud and obnoxious marketing departm
Accounting Insight
MAY 6, 2022
Nothing makes business run more smoothly than good relationships. Some of the most important relationships you’ll have, are those with your clients. Forging strong relationships with clients is not only easier and less expensive than acquiring new ones but simply increasing retention by 5% can increase profits by more than 25%. So, get to know your clients as people, not just numbers in your books and it will be good for your bottom line.
VJM Global
MAY 6, 2022
Held by Hon’ble Authority for Advance Ruling, Maharashtra. In the matter of M/s. Gulf Turbo Solutions LLP [Case no. GST -ARA-101/ 2019 -20/B-53 dated April 27, 2022]. 1. Summary of the judgment. Gulf Turbo Solutions LLP (hereinafter referred to as the ‘Applicant’) is in the business of service and repairs of various types of turbochargers. It also supplies spare parts required for turbochargers and ship spares.
Accounting Insight
MAY 6, 2022
The Covid-19 pandemic has massively changed the way accounting firms function. It has strongly reshaped the existing workforce trends and catalysed new ones, thus revolutionising how the rather traditional accounting profession functions. The accounting profession has battled staffing challenges for several years. Bring in the Great Resignation, and the problem has only turned graver.
Speaker: James Kahler, COO of Full Course
Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.
Menzies
MAY 6, 2022
Menzies LLP - A leading chartered accountancy firm. With tax relief available on the purchase of fixtures and fittings and the bonus of a super-deduction on purchasing assets to fit out a warehouse, transport and logistics companies should give consideration in advance of a commercial property purchase or fit out to ensure they maximise the relief available.
Going Concern
MAY 6, 2022
Mesa grandma, 25-year-old accountant share love of Phoenix Suns [ Arizona’s Family ] JoAnne Ralph and Ben Barchilon have a special bond, and it all started with their love of the Phoenix Suns. “It’s just wonderful to have another grandson,” said Ralph. “It upsets my granddaughter because she says ‘I’m not sharing you!’ And I said, yes you are.
Patriot Software
MAY 6, 2022
There are over one billion websites in the world. Scrap that. Let’s narrow things down a little bit. There are 46,000 public accounting firms in the United States. And let’s say that at least half of those firms (23,000) have an accounting firm website. That’s a bit of Googling competition. Now, of course, the competition […] READ MORE.
Intuitive Accountant
MAY 6, 2022
Botkeeper, a Future Forward sponsor, helps firms better serve their clients, scale their customer base and stand out among the competition by reducing the time spent on bookkeeping tasks.
Speaker: Jamie Eagan
As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of
Accounting Insight
MAY 6, 2022
“It’s time to squeeze Russia from the global economy, piece by piece,” said UK prime minister Boris Johnson in response to the Ukraine invasion. From an asset freeze on the Kremlin’s largest bank , to the end of oil and gas imports, the sanctions towards Russia are being introduced fast and hard. This has attracted a sharp focus on the extent to which ‘dirty’ Russian money pervades the UK.
Snyder
MAY 6, 2022
> Guest post courtesy of redtrack.io. Getting involved in affiliate marketing can help you reach your financial goals while doing it from any part of the world. Despite many super affiliates saying that getting started in the industry is getting harder and harder day by day, it’s still one of the qualifications you can easily learn and get high incomes from in a short amount of time. .
Intuitive Accountant
MAY 6, 2022
Botkeeper, a Future Forward sponsor, helps firms better serve their clients, scale their customer base and stand out among the competition by reducing the time spent on bookkeeping tasks.
LSLCPAs
MAY 6, 2022
“Are your accounts reconciled? Are the capital assets activities booked? Are the bank reconciliations up to date? Have the accruals been made?” The list goes on and on. As more and more accounting pronouncements come out, the list of things to do to get ready for audit continues to lengthen, adding more work and stress. The post Ready or Not, Here Audit Comes!
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Global economies are reeling from recent upheavals—pandemic aftershocks, geopolitical conflicts, and a tech sector crunch. Mark Zuckerberg's 2023 "Year of Efficiency" ethos extends into 2024, with leaders seeking cost reductions without stunting growth. No-code technology emerges as a beacon of hope, fostering resilience and adaptability. Platforms like Make.com and Zapier empower even non-technical staff to automate and innovate, freeing IT for strategic tasks.
FraudFiles
MAY 6, 2022
Have you ever thought about the fact that a particular industry in which a company operates creates risk factors for fraud? We call these industry red flags, and Tracy discusses some of the more common ones in this video, including: Performance substantially out of line with competitors (either much better or much worse than others in the industry).
RitaKeller
MAY 6, 2022
“With ordinary talent and extraordinary perseverance, all things are attainable.” – Thomas Fowell Buxton. The shortage of CPAs wanting a career in public accounting has been on my mind for months, maybe years. Many firms limit the career growth of accountants working at the firm if they have not passed the CPA Exam. Studies tell us that college accounting majors say they don’t want to be a CPA because they don’t want to pass the exam and they don’t want to wor
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