Wed.Sep 21, 2022

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The Future of Audit? | Outsourcing Audit & Remote Auditing

Accounting Insight

An effective audit demands a skill set that is diverse and a dedication of significant time and resources. Traditionally, this would be undertaken internally within the firm, but it is now very common for businesses to outsource this to external firms with specific audit skills for higher quality results. This puts additional pressure on accounting firms who now need to find many highly experienced audit staff to be able to manage this increasing demand and this is where offsite audit or remote

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IRS updates WOTC guidance

Accounting Today

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Xerocon Sydney: Reflections from our APAC leadership team

Xero

It’s been exactly two weeks today since Xerocon Sydney kicked off, and it’s safe to say we’re still buzzing from the experience. In case you missed it, we wrapped the event with a special sign-off from our APAC leadership team. Joseph Lyons, Managing Director for APAC, took to the main stage with Will Buckley, Koren Wines and Bridget Snelling – our Country Managers for Australia, Asia and New Zealand, respectively.

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My Favorite Newbies – QuickBooks Desktop 2023

Intuitive Accountant

Murph tries to pick a few of new or enhanced Desktop features each year as his favorites—with an explanation of why. This year was a little hearder, mainly because he liked them all—some more than others.

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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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Need To Increase Cash Flow? Try These Tactics.

AccountingDepartment

Getting paid quickly by your customers is what helps enable more cash flow for your business. But getting customers to make payments quickly has become a challenge for many. Delaying payments has become a growing trend that started well before the COVID pandemic.

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Accrual or Cash Accounting: Finding What's Right for Your Client

Intuitive Accountant

In today’s business world, there are two accounting choices. Oak View Law Group's Lyle Solomon shares how you can help your clients decide which accounting approach is right for them.

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Accrual or Cash Accounting: Which is Right for You

Intuitive Accountant

In today’s business world, there are two accounting choices. Oak View Law Group's Lyle Solomon shows you everything you need about the methods and which one may suit your small business.

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How BDO and Xero help a McDonald’s franchisee grow her business

Xero

Jennifer Antolin has been around the McDonald’s business her entire life. When she was 15, she spent three years working for her father at his McDonald’s franchises and learned firsthand the rigor and work ethic it takes to make it in the restaurant industry. . After several years living outside Canada, she decided to return and learn more about the business from her father.

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Future Forward 2022: Xero Security for 2023 and Beyond

Intuitive Accountant

If your practice is based on Xero, are all of your cybersecurity covered? Analytix Solutions's Bharavi Parikh discusses this, and more during her upcoming Future Forward 2022 session. Sign up for the Oct. 5 webinar now.

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New members named to IRS ETAAC

Accounting Today

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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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Safeguard Your Business’s Sensitive Information With an Employee Confidentiality Agreement

Patriot Software

You’ve worked hard to build your business. Although you might not want to share your business secrets, you probably need to when you hire employees. To prevent employees from revealing sensitive information that could jeopardize your business, you might have them sign an employee confidentiality agreement. Businesses use employee confidentiality agreements to protect their innovative […] READ MORE.

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How PerfectTed is harnessing natural energy to improve caffeine habits

Xero

We all need a little pick-me-up in the morning. It may be a bowl of porridge brimming with fruit and honey, or something a little more decadent like a sugar-crusted croissant. But for most, a piping hot cup of coffee is always present. Then maybe another. Oh okay, one more cup. . Anyone will know this is where things go downhill – the jittery feeling, the post-lunch crash, and of course, nuclear breath. .

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Your Accounting Inbox Needs a Workflow Overhaul: Productivity and Coverage

Lockstep

When scaling your business, email no longer becomes the “best” or “easiest” tool to use. This is why sales departments use Salesforce to manage account status, notes and communications. This is why your IT department has a helpdesk took like JIRA to compile and organize internal inquiries, because traditional email is not scalable. But why then, is your accounting team using disparate accounting email inboxes to manage vendor and customer communications?

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Free business software tools you can use now!

Reckon

As the march of technological capability continues at a thunderous pace, its always wise to look around to see what you could use in your business. The world is now awash with a cascade of free and paid software tools you can use to help run your business better. So, what can you grab today without pulling out the credit card? Here’s a few of the top free software tools for you to consider.

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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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Tech needs fill CFOs' priorities

Accounting Today

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Five Ways to Keep Your Company’s Culture While Scaling its Growth

Summit CPA

There are a few buzz words going around in the industry right now—remote or distributed workplace, success, and culture. But what do these hot-topic trends mean? It’s no surprise that businesses of all kinds had to work from home when the world shut down from COVID, whether they wanted to or not. Now, businesses are exploring remote work environments and taking advantage of the tools and resources that evolved during the pandemic.

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If This Field Report on the Talent Shortage is Remotely True Public Accounting is Screwed

Going Concern

The post If This Field Report on the Talent Shortage is Remotely True Public Accounting is Screwed appeared first on Going Concern.

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Financial Forecasting Explained: A Simple Guide to Financial Forecast For Businesses

Snyder

For many people, forecasting sounds like something connected with weather prediction or fortune telling. Surprisingly, financial forecasting isn’t that far off. After all, businesses use it to predict their future performance, taking into consideration potential clouds on the horizon and thinking through steps to avoid getting into a thunderstorm. The difference is that businesses won’t need any crystal balls or magic potions to forecast – they’ll use their business data instead, which is an eve

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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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Should Payroll be outsourced?

Menzies

Menzies LLP - A leading chartered accountancy firm. As an employer you will have many responsibilities and the question of whether you should outsource your payroll may have crossed your mind. At first glance it seems that payroll is a simple task that you can handle without help. However, there are many complexities and compliance issues that need to be considered alongside day-to-day processing.

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Corvee Recognized by Employees and Wins 2022 Workplace Awards

Intuitive Accountant

Software and solutions company named one of South Florida's top workplaces and picks up 'Great Place to Work' certification.

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Free school transport?

Martin Quinn

Back in 1985 I took my first trip on a school bus to my new secondary school. At that time, school transport was free, and Ireland’s economy was not in great shape. The buses were honestly heaps of scrap, often breaking down, and very over-crowded. Then, at some stage before 1990, we had to pay for a ticket each term. I finished school, but could see school transport got better.