Wed.Mar 19, 2025

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No dumb questions: What clients are asking this tax season

Accounting Today

Are tax prep clients' weird questions actually weirder this year, or does it just seem that way?

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eInvoicing in the UK: A transformative opportunity for businesses and the economy

Xero

The UK government has launched a consultation on eInvoicing , an initiative that has the potential to revolutionise how we handle invoices, and bring significant benefits to businesses and the economy. The purpose of the consultation is to gather views from a range of businesses on standardising eInvoicing and increasing its adoption across the UK. We encourage you to engage with the consultation (which closes on 7 May 2025).

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Anders Recognized on St. Louis Business Journal List of Largest St. Louis Accounting Firms

Anders CPA

The St. Louis Business Journal has named Anders one of the 99 largest accounting firms in St. Louis, marking the third year the firm has been included. Anders came in fourth on the list, based on the number of local CPAs employed by each firm: After several years of sustained growth through mergers and recruitment efforts, Anders employs 113 local CPAs and 141 CPAs firmwide.

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Nine KPMGs Got Real Sloppy About Reporting How Much Outsourced Work They Were Using

Going Concern

The other day the PCAOB proudly announced that it was punishing several members of KPMG’s global network , those being: KPMG Brazil, KPMG Canada, KPMG Italy, KPMG Israel, KPMG UK, KPMG Mexico, KPMG Samjong, KPMG Switzerland, KPMG, KPMG Australia. All they had to do was nab KPMG Kenya and it would be a true world tour of audit naughtiness. Oh sorry, that’s ignorant of us just assuming there’s a KPMG Kenya.

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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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Advisory Services Unlocked with Jasen Stine

Canopy Accounting

In this episode of the Canopy Practice Success Podcast, Jasen Stine joins us with his knowledge as an experienced tax and accounting professional. We discuss Jasen's background, including his 25 years in the industry and recent transition to consulting for firms wanting to move towards advisory services. The conversation delves into the benefits and challenges of shifting to a subscription-based model, especially for firms with an established client base.

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4 Tips for Starting a Side Hustle at Any Age

CPA Practice

When it comes to launching a side hustle after years of experience in the working world,you have a choice: Either start your own business or join an existing side-hustle platform that matches people with opportunities.

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More Trending

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Survey: You’re More Likely to Get a Raise if You Learned About Money as a Kid

CPA Practice

Financial experts advise parents to initiate money conversations with their children as early as possible to normalize financial learning and planning.

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A Top 15 Firm Across the Pond Wants to IPO, Has to Get Regulators Off Their Back First

Going Concern

MHA, top 15 firm in the UK (#13) and member of Baker Tilly International, is apparently seriously considering an IPO and soon, maybe as soon as the end of this month. The Times reported earlier this week that such an offering, if it goes down the way partners want it to, would be a “windfall” for the firm’s handful of current and retired partners.

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Advisory Services Unlocked with Jason Stine

Canopy Accounting

In this episode of the Canopy Practice Success Podcast, Jason Stine joins us with his knowledge as an experienced tax and accounting professional. We discuss Jason's background, including his 25 years in the industry and recent transition to consulting for firms wanting to move towards advisory services. The conversation delves into the benefits and challenges of shifting to a subscription-based model, especially for firms with an established client base.

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Unlocking the future of accounting with AI and young talent

Accounting Today

By showcasing how accounting intersects with technologies like AI, the profession becomes more appealing to tech-savvy students.

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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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Beyond the Busy Season: Building a Sustainable and Scalable Accounting Firm

Canopy Accounting

Let Us Get the Conversation Started: Breaking the Cycle of Overwork Many accounting firms operate in survival mode during busy seasons, only to face unpredictableand often lowerworkloads during the rest of the year. While this cycle may seem inevitable, it is neither efficient nor sustainable. It often leads to burnout, inefficiencies, and missed opportunities for growth.

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How Accounting Firms Can Use B-Roll Footage for Marketing

CPA Practice

While talking-head videos and webinars are common, B-roll footagesupplementary clips that enhance storytellingcan significantly improve video effectiveness.

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“Slow approvals cost more than time – they cost growth” warns AccountsIQ CEO as company tackles industry approval delays

Accounting Insight

The CEO of AccountsIQ, a leading provider of advanced financial management software, has today warned that many businesses are unknowingly slowing their own growth due to outdated and inefficient approval processes. This bottleneck risks becoming critical in an increasingly fast-paced economic environment. To counteract this, AccountsIQ has introduced its new Workflow Approval Engine, designed to help businesses streamline approvals, improve compliance, and gain full visibility over financial wo

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Why Communication is an Overlooked Factor in Accounting Software Implementation

CPA Practice

When designing accounting software, communication is a major factor, and it is no less true when it comes to its implementation.

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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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North Carolina bill aims to fix CPA shortage

Accounting Today

North Carolina is the latest state making legislative moves in hopes of expanding the pipeline of licensed accountants with an alternative path.

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Social Security to Require Identity Checks in Fraud Crackdown

CPA Practice

TheSocial Security Administrationwill add new procedures requiring beneficiaries to prove their identity before claiming benefits or changing their direct deposit instructions, as part of an effort to crack down on fraud.

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EY, Deloitte, Digits announce agentic AI partnerships with Nvidia

Accounting Today

Big Four firms EY and Deloitte, as well as accounting automation solutions provider Digits, all announced separate partnerships with technology company Nvidia.

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Child Tax Credits, a Longtime Liberal Priority, Find Favor in Republican States

CPA Practice

If an Indiana or Ohio bill passes, it would mark the first time a GOP-led state implemented a refundable child tax credit.

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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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10 Influential Women in Accounting 2025

Canopy Accounting

The accounting profession has long been shaped by trailblazers who challenge the status quo, drive innovation, and redefine whats possible. In 2025, women continue to lead the charge, transforming firms and leveraging technology to streamline workflows. These 10 influential women are not just keeping up with industry shifts; theyre setting the pace.

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5 Top Trending Tax Questions During the 2025 Filing Season

CPA Practice

Cryptocurrencygains, remote work tax implications, and NFT reporting rules are among the many topics taxpayers are asking accountants questions about this tax season, according to new data from expert platform JustAnswer.

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How to Acumatica - New Project Quotes for Mobile App

Insightful Accountant

Acumatica has added the ability to generate project quotes using their Mobile App. Murph looks at this new functionality in this Acumatica edition of our "How to ERP" series.

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Accounting Today seeking 2025's Best Firms for Technology

Accounting Today

Accounting Today is accepting submissions for its report recognizing the Best Accounting Firms for Technology. This is the seventh year the publication will recognize firms in this category.

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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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AICPA Seeks Feedback on 2026-30 Strategic Priorities for Standard-Setting Panel

CPA Practice

The ASB issues standards for auditing private companies, quality management standards for practitioners providing audit and attest services to private companies, and attestation standards.

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Crowds became unruly during IRS Saturday tax events

Accounting Today

Internal Revenue Service employees faced threats of assault during Saturday tax assistance events last year, according to a recent report.

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Acumatica Partners with British Racing Firm

CPA Practice

Acumatica will sponsor Venture Engineerings Mercedes-AMG GT4 car throughout the 2025 Michelin 24H European Series, building on the teams impressive debut at the 24H Barcelona, where they won the GT4 class during the 2024 season.

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How to Calculate Weighted Average (and Why It Matters in Business)

Patriot Software

From inventory valuation to sales forecasting, there are plenty of times you may need to calculate a weighted average in your business. And you dont have to be a mathematician to find it. Learning how to calculate weighted average is a relatively easy process. What is a weighted average?

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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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Fed Holds Interest Rates Steady, Sees Slower Growth and Higher Inflation

CPA Practice

Federal Reserve officials held their benchmark interest rate steady for a second straight meeting, though they telegraphed expectations for slower economic growth and higher inflation.

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West Virginia weather victims get tax relief

Accounting Today

The IRS is pushing back filing and payment deadlines to Nov. 3.

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SAP Debuts Joule in SAP Concur Solutions at SAP Concur Fusion 2025

CPA Practice

SAP is embedding its generative AI Copilot Joule into SAP Concur solutions, bringing the portfolio one step closer toward a fully automated travel and expense management process:

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Nonprofit Fund Accounting vs. For-Profit Accounting: How Do They Differ?

GrowthForceBlog

6 min read March 19th, 2024 In both the nonprofit and for-profit sectors, financial management is essential to success. You can't run a profitable business or a viable nonprofit without a good bookkeeping and accounting system designed to support financial health and operations.

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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.