Airbase
JANUARY 13, 2023
Invoice automation is the process of automating the creation, management, and processing of invoices. The goal of invoice automation is to streamline and automate the invoice process, reducing the time and resources required to manage invoices manually. Benefits of invoice automation. There are several benefits to using invoice automation software, including: Increased efficiency.
Going Concern
JANUARY 13, 2023
NPR has a strange story of a Canadian accountant and a firm with time tracking software installed on work laptops that should give remote workers pause before submitting their next time sheet. NPR: When Canadian accountant Karlee Besse was fired for being unproductive at her job, she found herself up against not only her former employer, but its time-tracking software, too.
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CPA Practice
JANUARY 13, 2023
By Brent Johnson, nj.com (via TNS). As he prepares to unveil his new state budget proposal next month, Gov. Phil Murphy is promising New Jerseyans will see “absolutely no new taxes” as well as “significant tax cuts.”. The Democratic governor also says he wants to renew a property tax relief program installed last year and will let a surcharge on the state’s corporate business tax expire.
Withum
JANUARY 13, 2023
Premier Sports Network is proud to announce its new agreement with Withum, a Top 25 national accounting firm with expertise in professional athlete accounts. Withum is a forward-thinking, technology-driven advisory and accounting firm committed to helping clients be more profitable, efficient and productive in the modern business environment. Based in the United States and an independent member of HLB International, the global advisory and accounting network, Withum serves businesses and individ
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.
Going Concern
JANUARY 13, 2023
Of the six 2021 PCAOB inspection reports released before the holidays, we ’ve so far taken a look at five: PwC , Deloitte , EY, KPMG , and BDO USA. The last of the bunch belongs to Grant Thornton. We didn’t save the best for last, but it’s not that bad either. From 2016 until its 2020 inspection report, Grant Thornton had an average audit failure rate of about 21%.
GrowthForceBlog
JANUARY 13, 2023
7 min read. Technology, consumer desires and needs, and the market are constantly in flux. Key Takeaways. Set Goals and Recognize When Change Is Necessary: Part of your company's monthly, quarterly, annual, and long-term strategy should include a regular practice of goal-setting, benchmark mapping, and…. Changes Should Be People-Focused: Pivots that you make in your business model should be centered around people – the people in your business and your customers.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
Basis 365
JANUARY 13, 2023
Owners and employees spend a lot of time running a small business. While dealing with vendors and customers daily, you must also adhere to the company's goals. Whether you offer products or services, administrative and accounting tasks can be tedious and time-consuming. Small businesses can outsource bookkeeping services if they need help managing their finances.
Patriot Software
JANUARY 13, 2023
The average small business owner is roughly $195,000 in debt. Imagine paying that amount from your pocket, and if you can’t, how it’ll reflect on your credit report. Daunting! Especially if you already have personal financial obligations like credit card debt, student loans, or payday loans to pay off. So, how does liability for debts […] Read More.
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.
CPA Practice
JANUARY 13, 2023
By Alyssa Burr, mlive.com (via TNS). State treasury officials estimate Michigan government will see a $9.2 billion surplus at the end of this fiscal year, increasing the likelihood that all that cash could trigger a permanent cut in the state income tax. The announcement came after the Consensus Revenue Estimating conference Friday in Lansing. The projections, which include forecasting from the Senate and House fiscal agencies and Department of Treasury, estimate Michigan will bring in $32.4 bil
Randal DeHart
JANUARY 13, 2023
When you think of payroll, you might still envision paperwork and envelopes given to employees by hand. Even with direct deposit being the norm for years, there is still a significant paper component to manage. You won't find a contractor using inefficient tools on the job site these days. The hammer or the nail gun? No question. While every contractor recognizes the flaws of using ineffective tools, they may still be losing money due to inefficient payroll tools and processes.
KROST
JANUARY 13, 2023
On January 10, the Internal Revenue Service (IRS) announced tax relief for California storm victims in most counties (see list of counties below). This tax relief applies to individuals and businesses located in disaster areas. The announcement postpones tax filings and payment deadlines that are due from January 8, 2023, through April 30, 2023, including Read the full article.
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.
CPA Practice
JANUARY 13, 2023
Technologists Randy Johnston and Brian Tankersley, CPA, CITP, CGMA review Bill , a cloud-based, automated bill management and payment system for firms and businesses. Click here to visit the podcast page.
Going Concern
JANUARY 13, 2023
How many times can we reuse this stupid Deloitte billboard picture? Deloitte US announced this morning that Jason Girzadas has been selected as chief executive officer and Lara Abrash has been selected as the chair of the board, beginning June 4, 2023, subject to a partner ratification vote. Jason succeeds outgoing CEO Joe Ucuzoglu who was chosen as Deloitte Global CEO last year, Lara will be replacing Chair Janey Foutty.
CPA Practice
JANUARY 13, 2023
A professional tax return preparer in Texas recently pleaded guilty to “engaging in a multi-year conspiracy to prepare and file false tax returns on behalf of clients and obtaining a fraudulent loan under the Paycheck Protection Program” (“PPP”). The proceeding was held before U.S. Magistrate Judge Jeffrey C. Manske. According to court documents and statements made in court, between 2012 and 2017 Labanda Loyd, of Waco, managed two tax return preparation businesses and also worked as a return pre
Ronika Khanna CPA,CA
JANUARY 13, 2023
For those of you who are starting a new business, it is essential to know your tax obligations. Every business owner must report their net profits on a either their personal tax return if they are unincorporated or a corporation tax return if they are incorporated. In addition to income tax, it is essential to consider whether or not you should register and collect GST/HST and provincial sales taxes.
Advertiser: Paycor
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.
CPA Practice
JANUARY 13, 2023
By Alexis Leondis, Bloomberg Opinion (TNS). Regardless of how you feel about the IRS—it’s dysfunctional, it’s underfunded, or both—there’s a basic point that’s hard to refute: The current system to ferret out wrongdoers is terrible. And in a move that will only make it worse, House Republicans voted Monday to block new funding allocated for the agency by the last Congress.
CPA Practice
JANUARY 13, 2023
By Molly Crane-Newman, New York Daily News (TNS). Two Trump Organization entities were slapped with $1.6 million in fines Friday—the price of committing years of tax fraud. The Trump Corporation and Trump Payroll Corporation were sentenced to pay the hefty sum in Manhattan Supreme Court. The companies were found guilty of tax fraud , scheming to defraud, and other related charges on Dec. 6.
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.
Going Concern
JANUARY 13, 2023
Big 4. Isio Group inks deal to acquire Deloitte’s U.K. retirement advisory business [ Pensions & Investments ]. Consultant Isio Group agreed to acquire Deloitte Total Reward and Benefits, the U.K. pensions advisory business of Deloitte, a spokesman confirmed Wednesday. Terms of the deal were not disclosed. The transaction, which is subject to regulatory approvals from the Financial Conduct Authority, will complete in the spring.
Advertiser: Paycor
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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