Wed.Aug 17, 2022

article thumbnail

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.

cpa 52
article thumbnail

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

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

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 : .

article thumbnail

How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

article thumbnail

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.

payroll 85
article thumbnail

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.

More Trending

article thumbnail

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.

article thumbnail

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.

74
article thumbnail

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.

article thumbnail

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.

cpas 70
article thumbnail

Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

article thumbnail

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.

article thumbnail

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.

76
article thumbnail

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.

Account 72
article thumbnail

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.

Account 59
article thumbnail

How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

article thumbnail

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.

article thumbnail

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.

tax 52
article thumbnail

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

article thumbnail

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

article thumbnail

No-Code Technology: The Key to Unlock the Future of Your Business

Global economies are reeling from recent upheavals—pandemic aftershocks, geopolitical conflicts, and a tech sector crunch. Mark Zuckerberg's 2023 "Year of Efficiency" ethos extends into 2024, with leaders seeking cost reductions without stunting growth. No-code technology emerges as a beacon of hope, fostering resilience and adaptability. Platforms like Make.com and Zapier empower even non-technical staff to automate and innovate, freeing IT for strategic tasks.

article thumbnail

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.

article thumbnail

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

Accounting Today

audit 117
article thumbnail

AuditClub Breaks the Mold with Auditors-as-a-Service for CPAs

Intuitive Accountant

Member firms gain exclusive access to a seasoned team of AICPA and PCAOB auditors through a transformative talent model

auditor 52
article thumbnail

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

Accounting Today

article thumbnail

Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

article thumbnail

Lockstep Acquisition: A Letter from Peter Horadan

Lockstep

The Lockstep team has been on quite a journey over the past 3 years, and the next stage of our journey is arguably the most exciting. I am pleased to share that Lockstep has agreed to become part of Sage, the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs). Lockstep’s products are highly complementary to Sage’s existing solutions and strategy and will support Sage’s commitment to making business flow by improving the efficiency of accounting

payroll 10
article thumbnail

Multistate commission recommends new rules for taxing interstate commerce

Accounting Today

tax 102
article thumbnail

How the Expansion of the 2023 R&D Tax Credit Impacts You

Withum

President Biden signed the Inflation Reduction Act into law on August 16, 2022. With its passage, R&D tax credits in the form of payroll tax offsets have effectively doubled for qualified small businesses. The payroll tax offset cap is increasing from $250,000 for the 2022 tax year to $500,000 for tax years starting after December 31, 2022. This is significant taxpayer-favorable news for small businesses and start-ups alike, as the effective doubling of the R&D tax credit potential will

tax 122
article thumbnail

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

Accounting Today

article thumbnail

Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

article thumbnail

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.

cpa 26
article thumbnail

Congress sends bipartisan letter urging IRS to address backlog

Accounting Today

article thumbnail

Democrats’ Bill Would Allow Auto Dealers to Claim Clean Vehicle Tax Credits Starting in 2024

Withum

The Inflation Reduction Act of 2022 signed into law by President Biden on August 16, 2022 includes significant changes related to electric vehicle tax credits. The Act not only extends the electric vehicle credit but also removes the current phaseout of the credit for auto manufacturers making more than 200,000 electric vehicles and puts in place income limitations for taxpayers claiming the credit.

tax 124
article thumbnail

PCAOB fines KPMG Korea $350K for violating quality standards

Accounting Today

audit 98
article thumbnail

Join the Instant Payment Revolution: Read 7 Must-Know Facts for Small Businesses

Technology evolves at lightning speed, and as finance keeps changing, instant payments emerge as a game-changer for small businesses. By 2030, instant payments are projected to surge by 289% and will become the new norm in financial transactions. Our whitepaper reveals seven must-know facts about instant payments, offering to help you navigate this financial revolution effectively.