Wed.Dec 14, 2022

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10 Holiday Gift Ideas for Accountants

Lockstep

Whether you are shopping for your team, a colleague secret Santa or the special accountant in your life, finding the right gift can be tough. But never fear, we are here to help with a list of the top gifts for the accountants on your holiday shopping list. With that in mind, here are some great gift ideas for the accountant in your life. 1. A personalized mug – This is a great gift for the coffee or tea lover in your life.

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Will AI Replace Humans? The Impact of Artificial Intelligence on the Human World

Snyder

Have you heard about a Hong Kong company appointing a computer algorithm to its board of directors? Will AI run big companies of the future or seize other positions? We know that technology makes our lives easier , but AI elevates it to another level. Artificial Intelligence is the term that has been exciting human minds and imaginations in recent years.

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No One Should Be Surprised to Learn FTX Used QuickBooks

Going Concern

Before the House Committee on Financial Services on Tuesday, recently-appointed FTX CEO John J. Ray III gave testimony to back up comments he made to the New York Times last month about FTX being a “complete failure” the likes of which he hadn’t seen in two decades. Back in the day, Ray was chairman of Enron Creditors Recovery Corp, the accurately named entity in charge of recovering creditor funds from the most notorious accounting failure of our time.

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What Is the Corporate Tax Rate? [Federal & State Guide]

Patriot Software

Your company’s tax liability largely depends on the business structure you choose. And if you structure your business as a corporation, you’re responsible for paying the corporate income tax rate on company earnings. So, what is the corporate tax rate? How do corporation taxes work? A corporation, or C Corp, is a type of business […] READ MORE.

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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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Getting Ready for Top 100 – Certifications Part 3

Intuitive Accountant

Here's the rundown on Certification Requirements and Certificate Scoring for ProAdvisors within the US for the 2023 Top 100 ProAdvisor and ProAdvisor of the Year Award process.

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Zoom aims high, and other tech stories you may have missed

Accounting Today

More Trending

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What Is Self-employment Tax?

Patriot Software

Are you self-employed? If so, you better keep reading. Self-employed individuals must pay a unique payroll tax called self-employment tax. What is self-employment tax? In this article, you’ll find out everything you need to know about self-employment tax. Learn how much the tax is, how to calculate your tax liability, and more. What is self-employment […] READ MORE.

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LeaseQuery, FloQast Partner to Streamline Lease Accounting, Revenue Reconciliation Processes

Intuitive Accountant

The partnership offers customers more purpose-built accounting capabilities and expertise.

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Key insights into small business performance in 2022

Xero

While many hoped 2022 would be a year of recalibrating and regaining some certainty, it instead brought more change that small businesses have had to adapt to. . We’ve been talking to our customers throughout the year, gathering information on how they’re feeling, how their business is performing, and the key challenges they are facing. Thanks to Xero’s Small Business Insights (XSBI) program, we’re able to get real data which, combined with these anecdotes, gives us a reliable picture of the sma

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Senate bill aims to crack down on crypto money laundering

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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CARES Act Relief Radar: SBA Extends Storm-Related EIDL Payments, Not Pandemic EIDL Payments

Anders CPA

Although many Coronavirus Aid, Relief and Economic Security (CARES) Act programs have come to an end, they continue to have an enormous impact on businesses. With the SBA and IRS continuing to release announcements and clarifications around relief programs, we’re breaking down important updates to explain what they mean to your business. See the latest clarifications below. 12/12/22: SBA Extends Storm-Related EIDL Payments, Not Pandemic EIDL Payments.

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Withum Team Members Volunteer in Biggest Week of Caring Yet

Withum

In its twelfth year, Withum’s 2022 Withum Week of Caring (WWoC) impacted the greatest number of organizations during the three days leading up to Thanksgiving since the inaugural event in 2011. Team members across the globe mobilized within their communities to volunteer at local nonprofits, helping further their missions through activities such as park clean-ups and food bank donations to toy drives, cooking and serving meals and supporting literacy projects, among others.

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6 KPI Charts to Drive Performance & Profitability in Small Businesses

GrowthForceBlog

12 min read. When running a business, one of the most common pieces of advice you'll encounter is being told that you should know your numbers. Key Takeaways. Why These Six Charts: There are many different reports, ratios, and KPIs that you can use to understand your business. In fact, data can be collected on every aspect of your business and analyzed in nearly infinite ways….

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An Inside Look at NetSuite Cost Analysis

AccountingDepartment

Cost analysis is sometimes overlooked by business owners simply because it is inherently complex and time is precious. In-depth cost analysis performed in a methodical manner highlights costs for services and goods.

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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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How to Adapt Your Business's Pricing for Inflation with Accounting and Bookkeeping Tips

IgniteSpot

Turn inflation into an opportunity for strategic price adjustments. The economy is a roller coaster right now. You have to buckle up, or you’ll go flying. Price changes are a touchy subject, and you might not even want to go there. But stop and think about how your expenses have changed because of inflation. Has the cost of labor gone up? What about raw materials?

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Technology for Accounting Firms: How Tech Makes a Firm Stand Out | Canopy

Canopy Accounting

Incorporating the right technology into your accounting firm can set your firm apart from the competition, help you win new customers, and maintain loyalty of the customers you already have.

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How to overcome the most common challenges of tax engine implementation

ThomsonReuters

Though an automated tax engine will ultimately improve a company’s overall operations, a successful implementation process does place certain demands on a company’s personnel, some of which can be challenging if not addressed properly. Fortunately, most of these challenges can be overcome with sufficient planning and some awareness of what to expect.

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Deloitte invests $1.4B in professional development

Accounting Today

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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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5 Best Modern Accounting Practices That Entrepreneurs Should Follow

Analytix Finance & Accounting

Efficient financial management is a fundamental trait to have when it comes to ensuring business profitability. Accounting and bookkeeping are the backbone of financial management and must be managed diligently and consistently. Modern accounting practices need to be leveraged for an ambitious and fast-growing company to address challenges effectively.

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ISSB defines how it will use 'sustainability'

Accounting Today

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Protecting Your Funding: FDIC Insurance and Beyond

Shay CPA

When you’re building your business, securing a new round of funding marks a huge milestone. But as a founder, you know what really matters is what happens next. How you handle that money shapes your business. It can literally make or break you. . That means you’re probably fairly risk-averse with money you get from rounds of funding. In fact, you most likely want to take every step that you can to protect that money. .

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Why Benchmarking is Crucial in 2023 and How to Do It

Intuitive Accountant

Hayden Nelson & Yoder's Christopher Hayden discusses the importance of benchmarks, how to use them properly to propel your clients’ businesses forward, and much more.

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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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Individual Capital Gains Explained

Dent Moses

At year-end, we get calls from clients asking about individual capital gains as they harvest gains and losses. This is an overview of the rules. Capital gains are grouped and taxed based on the holding period. Long-term capital gains or losses are generated by the sale of assets held over 12 months, and short-term have a holding period of 12 months or less.

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Padgett’s 8 “Right Now” Business Tax Moves

SkagitCountyTaxServices

Ready for some yuletide cheer? Inflation might have hit its peak this year. So say the “experts.”. That particular category of people hasn’t exactly covered itself with glory of late … so, we’ll see how that actually plays out for businesses in the coming months. What’s the price environment looking like for you within your industry right now? Curious to hear what you’d have to say.

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Citadel's Griffin sues IRS for failing to protect his financial data

Accounting Today

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Employees to be able to request flexible working on day one of employment

Inform Accounting

Millions of employees will be able to request flexible working from day one of their employment, under new government plans to make flexible working the default. Flexible working doesn’t just mean a combination of working from home and in the office – it can mean employees making use of job-sharing, flexitime, and working compressed, annualised, or staggered hours.

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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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Crypto's Binance seeks to reassure over reserves, says debt free

Accounting Today

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Lockstep Inbox Product Updates 12.14.22

Lockstep

The Lockstep Team is sexcited to share some of the latest updates to the world’s first shared inbox, designed for accounting teams, Lockstep Inbox. Global Search is even Easier. The Lockstep team has enhanced the search functionality of Global Search, adding text highlights and previews for your query. This enhanced functionality will allow you to better identify the invoice, bill, or customer you are looking for much faster, saving you time and headaches looking for that “lost email

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5 ways to improve your firm's SEO results with earned media recognition

Accounting Today

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Accountex Canada Launch Endorsed by Canadian Accounting & Finance Community

Accounting Insight

From the start of Martin Bissett’s keynote address on day one, you could feel the anticipation of attendees in what this conference might offer, and Accountex Canada did not disappoint. . . With over 600 registrations and 50-plus exhibitors who attended the Metro Toronto Convention Centre in Toronto on November 30 and December 1, it was clear Accountex Canada meant business. . .

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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.