Randal DeHart

SEPTEMBER 27, 2024

Fraud can be a significant threat to businesses of all sizes in any industry. Construction companies are not spared and are even more vulnerable to various fraudulent activities, from bid rigging and inflated costs to payroll fraud and misuse of funds. Many small business owners have become increasingly concerned about fraud after the pandemic. According to SAP Concur (An expense management solutions company), a staggering 85% of businesses surveyed expect the risk of fraud to continue.

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bookkeeping Construction Expense Management payroll 112

Accounting Today

SEPTEMBER 27, 2024

Third-party payers like payroll providers can now withdraw claims for individual clients.

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payroll Tax 126

Going Concern

SEPTEMBER 27, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default.

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Accounting Today

SEPTEMBER 27, 2024

Recent data has found that successful firms maintain a balance of both advisory and compliance engagements.

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Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

Tax

CPA Practice

SEPTEMBER 27, 2024

The IRS is opening a supplemental claim process to help payroll companies and third-party payers and their clients resolve incorrect claims for the Employee Retention Credit (ERC), the agency announced on Sept. 26. The move comes more than a month after the IRS announced it has once again opened the ERC voluntary disclosure program through Nov. 22. Businesses that incorrectly claimed and received the pandemic-era tax credit can voluntarily repay 85% of it back to the agency without having to pay

tax return 105

tax return Tax payroll audit 105

Accounting Today

SEPTEMBER 27, 2024

Your Part-Time Controller appoints chief growth officer; LBMC launches family law support services practice; and more news from across the profession.

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Accounting Today

SEPTEMBER 27, 2024

Plus, AuditBoard announces new analytics features; Airbase launches 'Touchless AP' capacities; and other accounting technology news.

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CTP

SEPTEMBER 27, 2024

As property tax bills continue to rise, property owners are turning to us as tax professionals asking what they can possibly do to lower these costs. If someone owns an income-producing property, they may be especially dismayed to find that taxes are taking up a significant portion of that income—or they may have a newly-purchased property that is not yet making enough money to justify the hefty tax bill.

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CPA Practice

SEPTEMBER 27, 2024

The place to be this week is New York City where many leaders of the accounting technology community are talking about the issue of responsible AI. The annual meeting of the AICPA/CPA.com Executive Roundtable featured presentations by 47 technology vendors serving the accounting profession as well as in-depth discussions about the future of the profession, an update from AICPA President and CEO Barry Melancon and CPA.com President and CEO Erik Asgeirsson, the latest news about private equity and

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Accounting Today

SEPTEMBER 27, 2024

Kirsch CPA Group in Hamilton, Ohio, is one of the first small firms to transition to an employee stock ownership program.

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Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

Account

Going Concern

SEPTEMBER 27, 2024

Cue The Jeffersons theme song, Weaver’s movin’ on up in Manhattan. According to The Real Deal , Weaver (#31 IPA 100, $328,276,610 in revenue) is taking 36,500 square feet at the Penn 1 building in Midtown. The move comes after they merged with Buchbinder Tunick & Company who already had 8,000 square feet at the tower. A source tells TRD asking rent for the entire 28th floor was $105 per square foot and the lease duration is 11 years.

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Accounting Today

SEPTEMBER 27, 2024

Private equity may bring valuable, if not entirely welcome, changes to the accounting profession.

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accountant Account accounted 72

Accounting Seed

SEPTEMBER 27, 2024

Dreamforce 2024 was nothing short of extraordinary! As Salesforce’s flagship event, it provided unparalleled insights into the future of business technology, innovation, and customer success. Having been to the annual user conference for over 12 years, the Accounting Seed team remains inspired by all that Salesforce brings to San Francisco during a fantastic action-packed three days.

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AP Automation Technology Sales accountant 59

Anders CPA

SEPTEMBER 27, 2024

Many businesses are exploring the advantages offered by automation and AI, but with so many options to choose from, it’s difficult to know where to start. Understanding the different types of automation and the various case uses of AI are the first step to learning how these technologies can impact your business. Julia Deien , Anders partner and technology practice lead, answered some frequently asked questions business leaders want to know before they take on AI and automation in an article for

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Advertiser: Paycor

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CTP

SEPTEMBER 27, 2024

The latest property tax bills are giving property owners a severe case of sticker shock—especially if they are still in the process of getting a new income-producing property to actually produce income! If you own a commercial property, you may find yourself hustling to cover the cost of your recent tax bill. Before the next bill is issued, one of the best uses of your time may be to learn how to appeal your property tax assessment.

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Tax Sales tax return Construction 52

ThomsonReuters

SEPTEMBER 27, 2024

← Blog home In 2024, Poland, Romania, Denmark, and Malaysia are implementing electronic invoicing (e-invoicing) mandates that demand more tax data in real-time. They are not alone in this trend: More than 30 jurisdictions have enforced some form of e-invoicing mandates. Countries such as Poland, Belgium, Germany, Spain, and China, among others, have announced mandates to begin within a two-year period amidst a global surge in continuous transaction control (CTC) systems.

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CPA Practice

SEPTEMBER 27, 2024

Top 200 accounting firm Barnes Dennig and Indianapolis-based Greenwalt CPAs are combining, effective Jan. 1, 2025, expanding services for clients of both organizations. The combined firm will have about 215 employees and five offices in three states: Ohio, Indiana, and Kentucky. All locations will maintain their current offices and employees, with two locations in Indianapolis, as well as offices in Cincinnati and Dayton, OH, and in Crestview Hills, KY.

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Withum

SEPTEMBER 27, 2024

Operational Process Mapping and Optimization Opportunities for Improvement Download a PDF of this case study. Executive Summary A client in the union pension fund space offers various services including healthcare benefits, retirement and pension plans, disability and life insurance and advocacy support. The company faced challenges with its business systems – expressing a need for comprehensive and holistic general organizational process improvements.

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Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. 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 (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). 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.

Account

CPA Practice

SEPTEMBER 27, 2024

Audit, risk, and compliance software provider AuditBoard has expanded its cloud-based risk management platform with new features to help audit teams improve efficiency and foster collaboration. Available immediately, the new functionalities include: AuditBoard Analytics Enhancements: Nine new out-of-the-box workflows to automate testing and analysis to help audit and internal controls teams uncover risks faster, minimize routine tasks, and enable focus on higher-value initiatives.

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Withum

SEPTEMBER 27, 2024

A vast majority of lower middle market business owners have not taken the time to plan for their future exit from the business. There are a number of steps that can and should be taken in the years leading up to this event. The topics discussed below are certainly not all inclusive but meant to give an overview of areas to start with when the eventual exit is likely to be a sale.

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CPA Practice

SEPTEMBER 27, 2024

This webinar will be held on Thursday, October 24, 2024 at 3:00pm ET Sponsor: Canopy Software Duration: 1 Hour Register Now This session will delve into the frequent challenges and roadblocks that professionals encounter when initiating change within their firms and with clients. By analyzing real-world case studies and fostering thoughtful discussions, participants will walk away equipped with a comprehensive understanding of change management essentials and their practical application in acco

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Indiana CPA Illinois Education 52

FraudFiles

SEPTEMBER 27, 2024

How should your accounting records be provided to your forensic accountant? Tracy talks about how she wants to receive the general ledger and related data. (Hint: Digital is preferred over paper.

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general ledger forensic accounting accountant Account 52

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.

Finance

Accounting Insight

SEPTEMBER 27, 2024

The sun was shining in Manchester for the sixth edition of Accountex Summit Manchester, which took place on 17 September 2024. The show has continued to break records, welcoming over a thousand more attendees through its doors since 2022. Portfolio Director, Caroline Hobden commented “We are thrilled with the overwhelming feedback from Accountex Summit Manchester this year!

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bookkeeping accounting and finance Education Finance 52

Wellers Accounting

SEPTEMBER 27, 2024

Tom Walker explains Investors' Relief, how it works, the qualifying conditions, the tax benefits, and compares it to other related tax breaks.

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Menzies

SEPTEMBER 27, 2024

Menzies LLP - A leading chartered accountancy firm. There has been a clear shift – in Europe and Globally – regarding the adoption of E-Invoicing, with many governments targeting a mandated shift over the coming years. Here we look at what E-Invoicing really means, the drivers of change, and the current state of play for UK businesses. Understanding Real E-Invoicing When we are talking about E-Invoicing in this respect, it is not simply an invoice in electronic format (a pdf, word file or png) w

chartered accountant 52

chartered accountant Government Tax tax accountant 52

Menzies

SEPTEMBER 27, 2024

Menzies LLP - A leading chartered accountancy firm. There has been a clear shift – in Europe and Globally – regarding the adoption of E-Invoicing, with many governments targeting a mandated shift over the coming years. Here we look at what E-Invoicing really means, the drivers of change, and the current state of play for UK businesses. Understanding Real E-Invoicing When we are talking about E-Invoicing in this respect, it is not simply an invoice in electronic format (a pdf, word file or png) w

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chartered accountant Government Tax tax accountant 52

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.

Finance

Menzies

SEPTEMBER 27, 2024

Menzies LLP - A leading chartered accountancy firm. There has been a clear shift – in Europe and Globally – regarding the adoption of E-Invoicing, with many governments targeting a mandated shift over the coming years. Here we look at what E-Invoicing really means, the drivers of change, and the current state of play for UK businesses. Definitions When we are talking about E-Invoicing in this respect, it is not simply an invoice in electronic format (a pdf, word file or png) which can be unstruc

chartered accountant 52

chartered accountant Government Tax tax accountant 52