Thu.Jun 23, 2022

Streamlining The Monthly Close With a Few Easy Steps


The month-end is coming up and that means it is time to close. A monthly close can be a laborious process that is dreaded by some accounting and finance departments, but it doesn't have to be that hard!

IRS adds options for electronically amending 1040s

Accounting Today

E-filing Tax returns IRS Tax


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KPMG’s New Metaverse Space is Like the First-Person Shooters You Played in 1999 But Worse

Going Concern

14 or 15 years ago I trolled Bill Sheridan of the Maryland Association of CPAs on Twitter about uncovering a weapons cache they’d stashed on CPA Island, a then-revolutionary virtual space in the game Second Life MACPA had set up for…accounting things.

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Firms step up recruiting amid talent shortage

Accounting Today

Practice management Employee retention Recruiting

Global Accounting Principles and Commission Capitalization

Speaker: Ryan Dillard, Chief of Staff Director at CBIZ ARC Consulting LLC; Kelly Hicks, Global Controller at Airbase

Join us for this webinar, where Airbase Controller Kelly Hicks and Ryan Dillard, a Director at CBIZ ARC Consulting, explore how to approach capitalizing global sales commissions.

EY Throws a Fit When Your Job Circumstances Change

Going Concern

I got an offer in a corporate role and turned in my two week notice at EY. Everything was fine: HR treated me well and wished me luck in the next chapter of my career.

Biden’s gas tax holiday may not lower prices at the pump

Accounting Today

Inflation Biden Administration Tax Energy industry

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Clients benefit when auditors specialize in complex accounts and transactions

Accounting Today

Accounting firm services M&A Audit Audit preparation

QuickBooks Bank Feeds Enhancements

Intuitive Accountant

QuickBooks Online Bank Feeds now import available check images and make them available in Accountant View or Business View

Tax Fraud Blotter: Frauds uprooted

Accounting Today

Tax-related ID theft Tax crimes Tax preparation Tax fraud Tax scams Tax-related court cases

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HHS Announces New Version of Security Risk Assessment Tool to Help With HIPAA Security Rule Compliance


Security Risk Assessment Tool; Security Risk Assessment Tool v3.3 User Guide (May 5, 2022). Webpage. User Guide.

5 Ways to Improve DE&I in the Workplace

Diversity, equity, and inclusion are critical for an organization’s success. And companies that take bold action to help ensure an inclusive workplace will win every time. Discover how your company can create a culture that celebrates DE&I while achieving higher revenue and growth.

Five questions for accounting firms

Accounting Today

Accounting firm services Practice management

“The digital future is already here. It’s way past time to fully adopt the cloud”


Once upon a time the cloud was new and strange, and you could exceed in business without paying it any mind. That time has long since passed. With the ATO embracing digital record keeping and compliance methods, it’s only a matter of time before we see a wholly digital business ecosystem.

Manchin opposing energy payments seen blunting value of tax credits

Accounting Today

Tax credits Biden Administration Tax Energy industry

Must a Health Plan’s TPA Honor a Provider’s Request to Use HIPAA Electronic Transaction Standards?


QUESTION: We are a TPA that administers claims for self-insured group health plans. If a health care provider asks us, acting on a health plan client’s behalf, to reimburse the provider for health care services using HIPAA’s electronic transaction standards, are we obligated to honor the request?

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Virtual Cards — Everything You Need To Know

Speaker: Eoin Hession, Controller at Recharge

Even though virtual cards have been part of the payments system for over ten years, there remains a lack of clarity around how they work and their value to companies large and small. In this webinar, Eoin Hession, Controller at Recharge, talks about how his company uses virtual cards in their operations. Sign up today!

Tech News: Accounting Seed deploys new release

Accounting Today

Data Analytics M&A Technology Cloud computing Automation Funding

HHS Chart Summarizes Applicability of State and Other Surprise Billing IDR Processes


Chart for Determining the Applicability for the Federal Independent Dispute Resolution (IDR) Process. Available at [link].

ConvergenceCoaching opens up 2022 remote work survey

Accounting Today

Work from home COVID-19 Practice management Hybrid Work

U.S. Supreme Court: MSP Rules Do Not Preclude Limited Coverage for Outpatient Dialysis


Marietta Mem’l Hosp. Health Benefit Plan v. DaVita Inc., 2022 WL 2203328 (U.S. 2022). Available at [link]. The U.S.

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How to Write OKRs: 45 Effective Examples

Many companies are embracing objectives and key results (OKRs) as the best practice for committing to goals and following through. Objectives are outcomes that reflect current company priorities. Each employee should write OKRs that roll up to larger company goals.

Boomer's Blueprint: Partner attributes determine culture

Accounting Today

Practice management Workplace culture

Network Security Experts Found a Way Into Moss Adams’ Cloud Network

Going Concern

We’ve learned this week that benevolent hackers found a vulnerability over at Moss Adams a few months ago and detailed their findings in a blog post on Tuesday.

End of financial year NFP director responsibilities

Accounting for Good

The post End of financial year NFP director responsibilities first appeared on ACCOUNTING FOR GOOD. Exclude From Blog Uncategorized

Paid diagnostic review: Every bookkeeper’s weapon for taking on a big QuickBooks Online cleanup


Knocking out a big QuickBooks Online cleanup project requires the right preparation, tools, and strategy. Imagine if a boxer were to walk into the ring unprepared, without a strategy or the tools to take on their opponent – they would most likely lose the fight.

Building Smart with Distributed Teams

Speaker: Sam Ross, General Counsel at Remote; Jenny Bloom, former CFO at Zapier & Darren Murph, Head of Remote at GitLab

It’s clear that distributed teams are here to stay in some form or another. Adapting to this reality means finding the right systems and processes that support remote workers — including international ones — while controlling for risks and communication challenges. Watch to find out more!

What Exactly Is an Error of Omission? Getting to Know This Common Accounting Mistake

Patriot Software

Your business lives and dies by your ability to buy and sell products on a competitive margin. But, you may take for granted why bookkeeping is important to the health of your business.

Research & Development Tax Credit (RDTC) payment delays – an update

Inform Accounting

If you’ve made an R&D claim and are wondering where the payment is, HMRC has recently released this statement on the delay. Message from HMRC.

The Top Reason You’re Having Trouble Hiring (And What To Do About It)

Ryan Lazanis

When it comes to finding high-quality talent, your job isn’t just to say the right things. In this podcast episode, we’ll discuss the reason why you’re having trouble hiring the right people and what to do about it. Listen below.

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Keeping Forensic Reports Simple


Making complex transactions easy to understand is no small task, but it is part of the job of any good fraud investigator.


The First 90 Days: Onboarding Checklist

Connect with your people from day one with this development and engagement checklist.

Pathways to Growth: ESG is a golden opportunity

Accounting Today

Accounting firm services ESG Growth strategies Audit

Pride 2022: Tax Court Cases, Federal Laws & More

Accounting Web

Growth Pride 2022: Tax Court Cases, Federal Laws & More



“Replace your pursuit of success with the pursuit of contribution.” – Peter F. Drucker. Management guru, Peter Drucker, stressed the importance of contribution. To be a great leader you need to ask yourself how you can contribute to the success of your firm and your people. What more can you do? What more can you contribute? From Drucker: “What is the most important contribution I can make to the performance of this organization? What knowledge and skills do I need to acquire?


How to Set Business-Driving Goals with Your Clients

Intuitive Accountant

Starting and growing a business is an incredible undertaking. That's why CPAs can be important teammates in this endeavor. Reach Reporting's Justin Hatch shows you why

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Telling a Great Story with Data

Speaker: Jeff Epstein, Operating Partner at Bessemer Venture Partners, & Aneal Vallurupalli, CFO at Airbase

Data can create and even change a story — this is a key theme in an enlightening discussion between Jeff Epstein, Operating Partner at Bessemer Venture Partners, and Aneal Vallurupalli, CFO at Airbase. Watch the video to discover how!