Mon.Dec 05, 2022

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IRS offers guidance on wage and apprenticeship rules for green tax credits

Accounting Today

Tax 116
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Lonely Workaholics at PwC UK Will Have to Find Some Other Place to Go For Christmas

Going Concern

Last year, PwC UK chairman Kevin Ellis wrote a lovely advertisement article in The Telegraph letting his people know that if they have literally nothing better to do, PwC employees can spend Christmas at the office. He framed it as a kindness for those who may be lonely — or the opposite, ready to beat the s**t out of their roommates after being locked inside with them for so long — and the firm was not going to ask “what the hell are you doing here on Christmas??

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Trending Sources

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Slavin: Tech needs talent

Accounting Today

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Appletree & The Prestige Journal Merger Announcement

Steve Feinberg

For Immediate Release December 5, 2022. We’re pleased to announce that Appletree Business Services LLC merged with The Prestige Journal LLC. The Prestige Journal has grown quickly to become a leading provider of bookkeeping, tax, and fractional CFO services for entrepreneurs who are coaches, course creators, and content creators. . Andrew Davis and Josh Baurle, founders The Prestige Journal, said “ Appletree is a great accounting and consulting firm that fits the culture of our team and clients,

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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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Marcum merges in E. Cohen

Accounting Today

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Upgrading From Microsoft Dynamics NAV to Business Central

Withum

Operating on an outdated ERP system like Dynamics NAV? Are you looking for an ERP system that better serves you and your business in the fourth industrial revolution? It might be time to upgrade to Dynamics 365 Business Central. Undoubtedly, Microsoft Dynamics Navision, also known as NAV, remains one of the world’s most utilized enterprise resource planning (ERP) solutions.

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How automating compliance creates time for advisory

ThomsonReuters

For tax and accounting professionals, time is a precious commodity. Every day, practitioners are faced with tasks that are time-consuming and low value. What if there was a way to free up these precious hours for higher-value opportunities? . That’s the promise of automation. By removing manual, time-consuming compliance tasks from workloads, tax and accounting professionals can reclaim those hours and use them for greater value activities such as advisory services. .

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Nonprofits hit by inflation concerns

Accounting Today

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Skills Modern-Day Accountants Need to Equip Themselves With

Analytix Finance & Accounting

Accounting plays a critical role in any business’s financial health and overall sustainability. Therefore, it is important to understand how this field adapts to emerging changes. This is especially important with regard to technological advances around the world and across industries. Why is tech adaptation an essential skill for accountants? Online reports say the Accounting Software Market was valued at USD 12.01 billion in 2020.

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Strengthen the child tax credit before expanding it

Accounting Today

Tax 98
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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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Changing Accounting Systems: Tips for Switching to New Software 2023

Accounting Seed

Changing accounting systems can feel intimidating. Even if the legacy accounting system you currently use doesn’t have the features, speed, or power you need, at least it’s familiar. Sometimes though, the benefits of switching to new software begins to outweigh the cost of learning a new system. If your outdated accounting system can’t keep up with your growth, you want a more robust accounting system, or your vendor no longer supports your needs, it may be time to switch.

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I'm on My Way to 'QuickBooks Connect 2022'

Intuitive Accountant

Yes, Murph is attending 'QuickBooks Connect' in Las Vegas and wants to see you while he's there. So, he's letting you know where he can be found.

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The Importance of Having an Up-To-Date Business Balance Sheet

Basis 365

Do you struggle to keep up with your business's financial reporting and bookkeeping? Regular bookkeeping and financial statements give your business the foundation to make informed business decisions, get funding, and grow. The balance sheet is one of the most vital financial statements business owners must regularly create. It provides information about what you owe and what you own.

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Who Pays Payroll Taxes? (+ Cheatsheet)

Patriot Software

Whenever you cut a check for an employee, the employee isn’t the only one receiving money. You must withhold payroll taxes from employee wages and remit them to the proper agencies. Depending on the payroll tax, you must match employee contributions. But, not all payroll taxes are created equally. So, who pays payroll taxes? Is […] READ MORE.

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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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IIA calls on Congress for better governance of crypto amid FTX debacle

Accounting Today

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What is Code of Practice 9 (COP9) and is it right for me?

Menzies

Menzies LLP - A leading chartered accountancy firm. Cases are progressed under HMRC’s Code of Practice 9 (COP9) procedure where HMRC either suspect, or the individual chooses to voluntarily disclose, that their deliberate action or inaction has led to an insufficient amount of tax being paid. HMRC refer to such behaviour as “tax fraud” but this is more commonly referred to as tax evasion.

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Monday Morning Accounting News Brief: Gen Z Ruins Accounting; EY Hammers Out Some Deets; Internal Control Controversy | 12.05.22

Going Concern

How is it December already? Not a lot going on this time of year, let’s find some things anyway. Deloitte believes 2023 will be the year of virtual reality. E. Cohen and Company, CPAs of Rockville, Maryland, merged into Marcum effective December 1, adding to Marcum’s presence in the Mid-Atlantic. The PCAOB has been busy publishing Canadian inspection reports.

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FICPA events support victims of Hurricane Ian

Accounting Today

Florida 52
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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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If There Was a PCAOB In the Metaverse, It Would Probably Find a Bunch of Errors In Prager Metis’s Audits Too

Going Concern

In an article for CoinDesk , Francine McKenna took a crack at why the FTX debacle happened, and like she always does when there ’s really bad accounting at a company going through a financial crisis, who are/were the auditors: It’s not clear why FTX commissioned two different audit firms to audit its 2020 and 2021 financial statements. The reports by Armanino LLP, which signed the report for the U.S. operation, and by Prager Metis LLP, which signed the opinion for the offshore operations, were i

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Art of Accounting: Private equity and accounting firms

Accounting Today

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What payroll-related services might be affected if a federal government shutdown is not avoided by December 16?

ThomsonReuters

The U.S. Congress must take action by December 16, 2022, to avoid a federal government shutdown, which could affect agencies like the IRS and U.S. Department of Labor (DOL). Funding for now. On September 30, 2022, President Biden signed a continuing resolution (CR) that temporarily funds the U.S. government through December 16, 2022. A CR is typically needed when Congress and the President do not reach an agreement on spending levels at the start of the federal fiscal year in October.

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Trump 'explicitly sanctioned tax fraud,' prosecutor tells jury

Accounting Today

Tax 52
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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.