This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Blog home With regulatory bodies intensifying their focus on audit quality , todays audit professionals face a growing level of scrutiny around their work. With so much at stake, firms of all sizes must seize on every advantage they can find. But where do you start? To adapt to an industry in flux, audit professionals must harness modern solutions that offer robust documentation frameworks, advanced technology, and proven audit methodology.
These days, nothing is more fluid in the United States than the term tariffs. While debate can be had on the macroeconomics and impacts of tariff policy on the U.S. economy, the tariff discussion appears to be ongoing for the foreseeable future. Because of this, business owners and managers will need to contemplate the impacts of tariffs on their financial reporting process.
Morning, people. 29 days to go until April 15. Got some bad news. We are, in fact, getting dumber : Though there has been a demonstrably steep decline in cognitive skills since the COVID-19 pandemic due to the educational disruption it presented, these trends have been in evidence since at least the mid-2010s, suggesting that whatever is going on runs much deeper and has lasted far longer than the pandemic.
On March 12, 2025, the Securities and Exchange Commission (SEC) issued a no-action letter which provided assistance for issuers and investment funds relying on Rule 506(c) of Regulation D. While prior guidance existed on the application of minimum investment amounts as a factor in determining whether an issuer has satisfied the requirement to take reasonable steps to verify purchasers accredited investor status, further clarification has now arrived.
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
Partnerships are a commonly misunderstood business structure. Because they are perceived as complicatedand sometimes they can bemany entrepreneurs shy away from this entity type and miss out on the many benefits they have to offer. What makes partnerships distinctive? Partnerships are pass-through entities, so they are not subject to corporate income tax.
If youve ever opened a clients QuickBooks file only to find a mess of uncategorized transactions, undeposited funds, unapplied payments, or miscategorized expensesyoure not alone. Its easy to feel overwhelmed. But the ability to diagnose these issues is what truly sets great bookkeepers apart. Its more than just identifying errors; its about understanding the root cause and knowing exactly how to fix it.
Partnerships can either be the simplest or one of the most complicated entity typesdepending on how each of the partners relates to the business and what role they play. New entrepreneurs may instinctively view them as too complicated, and even if tax professionals are familiar with the benefits, they may not feel well-versed enough to know when to recommend a partnership structure to their clients.
Partnerships can either be the simplest or one of the most complicated entity typesdepending on how each of the partners relates to the business and what role they play. New entrepreneurs may instinctively view them as too complicated, and even if tax professionals are familiar with the benefits, they may not feel well-versed enough to know when to recommend a partnership structure to their clients.
This month, the Internal Revenue Service is predicting a rise in tax scams for 2025, and added four new eligible counties for foreign income exclusion.
In total, the agency has sent out more than 43.6 million refunds to taxpayers, up 1.5% compared to March 8, 2024. The average refund amount sits at $3,3245.7% higher than last year.
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.
Acronyms like CRT, CRAT, CRUT and NICRUT could have many clients' heads spinning. Here's a guide to the key pros and cons for financial advisors to consider.
The PCC, the group that advises the Financial Accounting Standards Board on private company accounting matters, has published its 2024 Annual Report to highlight its accomplishments and activities.
At some point, you may consider going public if your business is private. When you “go public,” you go through an IPO process. So, what is an IPO? Read on to learn the ins and outs of an IPO, what the process entails, and the pros and cons of going public. What is an IPO?
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.
A new poll from marketing research firmSavanta reveals that a strong majority of Americans want tax reform, with 70% saying they prefer a simpler tax code instead of the current overcomplicated and stressful U.S. tax system.
Have you voted for the 2025 ProAdvisor Awards? More than 3000 votes have already been cast for this year's candidates for both U.S. and International award candidates. Don't miss the opportunity to vote for the awards.
As owners of accounting firms and tax practices, you're uniquely positioned to guide clients beyond compliance and into strategic business enhancement. The emerging research on workplace wellbeing presents a compelling opportunity.
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.
The IRS has extended the filing deadline to Nov. 3, 2025, for individuals and businesses in six West Virginia counties that were affected by severe storms, flooding, landslides, and mudslides that began on Feb. 15.
What makes Southwest Airlines different? Not much anymore. Starting May 28, flyers will have to pay extra for baggage, assigned seats and other items, just like every other airline.
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.
The collaboration combines Boostscross-border payment solution,Boost 100XB, with TransferMates globally regulated payments infrastructure to help increase industry-wide commercial card usage and adoption.
Financial statement fraud impacts any person or organization that has a financial interest in the success or failure of a company. A manipulation of the companys reported earnings or assets can affect a bank that extends credit to the company, a shareholder who invests money in the company, and those organizations that enter into contracts [.
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.
The continuing resolution that the Senate narrowly approved included a $20.2 billion cut in the Internal Revenue Service's budget, the third such cut since 2023.
Since the Unleashing American Energy and Regulatory Freeze Pending Review" executive orders were issued, there has been much speculation on how they will impact green energy funding and incentivesespecially via tax creditsin the Inflation Reduction Act.
We organize all of the trending information in your field so you don't have to. Join 237,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
52 
Let's personalize your content