Wed.Aug 17, 2022

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How to Develop a Customer Experience Strategy

Summit CPA

C ustomer experience has become a hot topic lately. As extensive research has been conducted, many conclusions have pointed to the impact employee experience has on the experiences your customers have. We all know that the better experience your customers have, the more customer loyalty your brand has. It’s more expensive to try and attract new customers than it is to retain current ones.

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President Biden Signs the Inflation Reduction Act of 2022

RogerRossmeisl

On 8/16/22, President Biden signed into law the so-called Inflation Reduction Act of 2022 (H.R. 5376). In a statement earlier, the White House said, “President Biden and Congressional Democrats have worked together to deliver a historic legislative achievement that defeats special interests, delivers for American families, and grows the economy from the bottom up and middle out” The White House is also planning an event on 9/6/22 to celebrate the enactment of the bill.

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Trending Sources

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IRS pledges not to use extra funding to audit lower-income taxpayers

Accounting Today

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Shocking News: 82.4% of Hiring Managers Are Struggling to Find Accounting and Finance Talent

Going Concern

What we’re about to share with you shouldn’t be news to anyone and in fact the only news here is that somewhere, 9.1% of public company hiring managers and 14.8% of private company hiring managers are not struggling to find talent. Well that’s what they reported to Deloitte, anyway. Sheryl Estrada writes in Fortune : Deloitte shared new data with me that found 82.4% of hiring managers for accounting and financial positions at public companies said talent retention is a big cha

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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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Crypto scams down 65%, but crypto hacks up 58%

Accounting Today

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Attract and retain talent with a culture that’s ‘objectif’ (purpose driven)

Xero

This guest blog post is written by Jaclyn Anku who runs Community & Education for the HR and payroll platform Gusto. Before joining Gusto, Jacklyn led business education for accountants and bookkeepers at Xero. If a brand is what people say about you when you’re not in the room, a culture is what everyone does when nobody’s looking. And in that way, it’s not really all that abstract.

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Compensation Watch ’22: Is EY Forgiven For Not Handing Out Mid-Year Raises?

Going Concern

First it was Deloitte , then PwC , and most recently EY that waded into the Big 4 compensation discussion waters with its employees. We ’ve written quite a bit over the past several months about EY being the only Big 4 firm that didn’t give its grunts a mid-year salary adjustment. But Uncle Ernie did make one concession regarding the usual summertime comp talks last February : .

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Three ways to optimise your invoices and get paid faster with Xero and Stripe

Xero

This guest blog post is written by Satya Tammareddy. Satya currently leads the APAC SaaS Platforms team at Stripe, working closely with SaaS businesses that provide payments and other financial infrastructure to their customers. Prior to Stripe, Satya worked at Dropbox, where she was the company’s first hire in APAC. She previously co-founded an online travel company and worked in investment banking earlier in her career.

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SolarWinds SEM – A Cyber Security Synopsis

Intuitive Accountant

SolarWinds SEM acts like a watchdog 24/7 for extensive in-house networks or Managed IT Service Providers providing network and host intrusion detection.

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Withum Team Members Named on NJBIZ 40 Under 40 List

Withum

Withum is proud to share that two Withum team members, Brad Caruso and Austin Hagaman , have been named on NJBIZ’s 40 Under 40 List for 2022. 40 Under 40 is an annual list that honors 40 local professionals for their promising success and leadership. After an open nomination process, an independent panel of judges names the honorees, who will be celebrated in a virtual event in September.

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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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Staying one step ahead at Xero Roadshow Asia 2022

Xero

If there’s one thing that has become apparent in recent times it’s that the road ahead remains unpredictable and challenging. While economies in the region seemed to be on track for recovery post-pandemic, volatile macro economic and political influences may still make the road ahead a bit rocky. This year, we are incredibly excited to bring the Xero partner community back together for Xero Roadshow Asia 2022.

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Study: People value information as much as they do material objects

Accounting Today

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How to Prevent a PII Breach and Safeguard Your Payroll Records 

Patriot Software

Your payroll records are chock-full of the personally identifiable information (PII) you need. Unfortunately, hackers also want that data. As an employer, you must secure your payroll records against a potential PII breach. And if one does occur, you need to take swift action. Read on to learn what does personally identifiable information include, how […] READ MORE.

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Congress sends bipartisan letter urging IRS to address backlog

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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Aliaswire Research Quantifies Big Gains for Banks with Online Bill Pay

Intuitive Accountant

New white paper details gains in new commercial clients, retention, payer adoption and payment volumes with DirectBiller platform.

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PCAOB fines KPMG Korea $350K for violating quality standards

Accounting Today

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The Solution For An Entrepreneur's Accounting Pains (Video)

AccountingDepartment

Entrepreneurs and business owners experience all kinds of struggles while running a business, but don't let accounting be one of them.

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UWorld Roger CPA Review names scholarship winners

Accounting Today

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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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AvidXchange, Blackbaud Financial Edge NXT Team on API Integration

Intuitive Accountant

The seamless integration built on the AvidConnect platform will enable automatic syncing of GL codes, vendor lists, invoices and payments between AvidSuite and Blackbaud.

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PwC scraps university degree rule to boost U.K. diversity

Accounting Today

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How Many CPAs Are There in the United States?

Going Concern

669,130. That’s how many licensed CPAs there are in the United States as of August 24, 2021 per NASBA. This only counts CPAs in 54 of the 55 licensing jurisdictions, Hawaii is not included in the data. Nearly 20 years ago, the number of licensed CPAs was 639,628 (2003) and 646,520 by 2006. Interestingly, the sentiment back in 2006 wasn’t much different from that of today.

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AuditClub debuts "auditors-as-a-service" model

Accounting Today

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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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A Win for the Restaurant Industry: The IRS Allows Double-Dipping

KROST

This is one of the articles in the KROST Quarterly Hospitality Issue, titled “A Win for the Restaurant Industry: The IRS Allows Double-Dipping” by May Sung, MSA. On August 4, 2021, the IRS released additional guidance regarding the employee retention tax credit. Notice 2021-49 provides guidance for employers that pay qualified wages after June 30, Read the full article.

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Using depreciation to plan for recessionary pressures

Accounting Today

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ACCA calls for maximum alignment on sustainability reporting standards

Accounting Insight

ACCA (the Association of Chartered Certified Accountants) is calling for a global approach to the development of sustainability disclosure standards. Responding to exposure drafts (EDs) on European Sustainability Reporting Standards (ESRS), ACCA says that it has consistently advocated for a global approach to the development of sustainability disclosure standards.

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Rollback of Sync: A Feature Overview

Snyder

In business, keeping accounting books – records of all the financial operations of your business – is a must. You use them for multiple purposes: tracking your finances, generating reports, analyzing and making important business decisions, just to name a few. Nowadays the process is made easier by high-quality accounting software which eases the strain of heavy responsibilities.

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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.

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AICPA Urges IRS to Address Backlog Ahead of 2023 Tax Year

Intuitive Accountant

Letter to Bipartisan, Bicameral Congressional committee provides proactive steps for IRS to reduce the potential for another disruptive and chaotic filing season. Check out the story on Tax Practice News.

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What Are the Future Trends of E-commerce?

Snyder

E-commerce has come a long way since the early days of the dot-com era of the late 90s. What was once a few brave souls attempting to forge a path in a completely new arena has now become an entirely new ecosystem, home to everything from juggernauts such as Amazon and Alibaba, all the way down to the smallest jewelry seller on Etsy. . While some things such as the standard shopping cart and “check-out now” button have hardly changed in the past twenty-five years, the rest of e-commerce has gone

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Not-for-Profits in the Know Webinar Series: Demystifying Cryptocurrency and Digital Assets

Anders CPA

Join us on Wednesday, September 14 from 10:00-11:00am CT for the second segment of our Not-for-Profits in the Know webinar series. Demystifying Cryptocurrency and Digital Assets for Not-for-Profits. With tons of philanthropic activity happening in the cryptocurrency space, should your organization pursue digital assets? While some of the hype around cryptocurrency has cooled off, we believe it’s here to stay and have dedicated resources to understanding the tax, audit and financial account

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Should micro landlords consider incorporating?

Menzies

Menzies LLP - A leading chartered accountancy firm. Is now the best time to incorporate? Micro landlords are beginning to ask this question more and more, before advancing plans to develop their portfolios and secure more funding. “ 49% of professional landlords, those with four or more rental properties, are planning to expand their portfolios. ” According to research that was conducted recently by Handelsbanken.

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Automation, Evolved: Your New Playbook for Smarter Knowledge Work

Speaker: Frank Taliano

Documents are the backbone of enterprise operations, but they are also a common source of inefficiency. From buried insights to manual handoffs, document-based workflows can quietly stall decision-making and drain resources. For large, complex organizations, legacy systems and siloed processes create friction that AI is uniquely positioned to resolve.