Wed.Mar 12, 2025

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Controller vs. Bookkeeper vs. CFO: Understanding the Key Differences

AccountingDepartment

When it comes to managing a companys finances, businesses often rely on a combination of bookkeepers, controllers, and CFOs to maintain financial health and make strategic decisions.

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SEC hits the brakes on accounting and auditing enforcement

Accounting Today

The Securities and Exchange Commission dramatically pulled back on accounting and auditing enforcement last year after two years in a row of increases.

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How to Survive a Period of Unemployment

CPA Practice

Going without income as a result of unemployment creates financial stress, but there are ways to make it a little bit easier.

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Fintech execs discover the enemy within: AI

Accounting Today

Most accounting tech companies pride themselves on making life easier for accountants, but why would accountants buy AI that could theoretically take their jobs?

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Live Demo - Supercharge your Month End Close

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

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House Passes Funding Bill to Avoid Government Shutdown

CPA Practice

But with most Democrats opposed and 60 votes needed in theSenateto avoid a filibuster, it is unclear if the measure has the support needed in that chamber to pass.

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House votes to repeal crypto DeFi tax regulation

Accounting Today

The House of Representatives passed a resolution to repeal the regulations that created reporting requirements for digital asset brokers using decentralized finance systems.

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More Trending

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5 megatrends in business process and tax digitalization

Accounting Today

Businesses are facing mounting regulatory requirements that fundamentally reshape tax and financial processes.

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8 Reasons Why You Might Want to Delay Retirement

CPA Practice

While life doesnt always go according to plan, would-be retirees can make the best of a delayed retirement timelineand may even find that putting it off for a few years is a good idea.

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Load up on laptops, and other tech stories you may have missed

Accounting Today

Plus, agentic AI as a cybersecurity threat, and seven other tech developments and how they'll impact your clients and your firm.

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Forvis Mazars Tops $5 Billion in Global Revenue in 2024

CPA Practice

Globally, audit and assurance services contributed 40% of Forvis Mazars' revenue, followed by tax at 24%, advisory 24%, and accounting 12%.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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PCAOB sanctions former BF Borgers partner

Accounting Today

The PCAOB sanctioned a former BF Borgers partner for audit failures and violating partner rotation limits, and PwC Singapore for violating rules and quality control standards.

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Egg Prices Start to Drop as Consumers Cut Back Demand

CPA Practice

U.S. egg prices are finally showing signs of relief after a nearly 60% surge over the past year has made shoppers reluctant to buy.

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Join Me for Next Wednesday's "Best of the Best eCommerce Apps"

Insightful Accountant

Next Wednesday, Teresa Slack and I will review the 'Best of the Best' eCommerce Apps. You may not even be aware that there are better eCommerce solutions than the one you are using now.

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More Than 1 in 3 Americans Have Faced a Financial Scam or Fraud in the Past Year, Survey Finds

CPA Practice

The latest Bankrate Financial Fraud Survey reveals that about 1 in 3 U.S. adults (34%) have experienced financial fraud or a scam in the past 12 months, since January 2024. Among them, nearly 2 in 5 (37%) lost money.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

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.

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Job Descriptions: The Key to More Autonomy in Your Firm

Ryan Lazanis

Find out how clear job descriptions build accountability, make delegation easier, and free up your time to focus on scaling your firm. The post Job Descriptions: The Key to More Autonomy in Your Firm appeared first on Future Firm.

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Small Business Anxiety Spikes as U.S. Trade Policies Shift

CPA Practice

The latest trade policy shifts coming out of the new administration are making U.S. small business owners increasingly worried about their financial future.

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Lawmakers reintroduce R&D expensing bill

Accounting Today

A bipartisan group of lawmakers has reintroduced legislation to allow immediate expensing of research and development costs, all the way back to 2022 when the tax break expired.

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Intuit Rolls Out Tap to Pay on iPhone for SMBs Using QuickBooks Online

CPA Practice

Intuit announced March 11 the availability ofTap to Pay on iPhonefor its QuickBooks Online customers in the U.S., enabling small and mid-market businesses to seamlessly and securely accept in-person contactless payments using an iPhone.

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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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Bloomberg announces new gen AI research features

Accounting Today

Bloomberg Tax and Accounting released two new generative AI-driven features to aid users in tax research.

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Bloomberg Tax & Accounting Launches New Gen AI-Powered Features for Tax Research

CPA Practice

Bloomberg Tax & Accounting announced March 10 the launch of two new generative AI-powered features that simplify tax researchBloomberg Tax Answers and AI Assistantnow available within the Bloomberg Tax platform at no additional charge.

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Ex-Credit Suisse client pleads guilty to hiding $90M from US

Accounting Today

Gilda Rosenberg, a Florida businesswoman, admitted in a Miami federal court that she conspired to defraud the U.S., evade taxes and fail to file FBARs.

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Acumatica Partners with UK Racing Firm

CPA Practice

Acumatica will sponsor Venture Engineerings Mercedes-AMG GT4 car throughout the 2025 Michelin 24H European Series, building on the teams impressive debut at the 24H Barcelona, where they won the GT4 class during the 2024 season.

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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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How Do I File a 1099 for My Independent Contractors? 

Patriot Software

If you hire an independent contractor and pay them $600 or more during the tax year, you must create, distribute, and file Form-1099-NEC. You might wonder, How do I file a 1099? Read on to learn how to file a 1099 and streamline the process with software.

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Find out how Acterys Data Intelligence empowers organizations to create tailored, scalable, AI-ready applications for the Microsoft ecosystem

Acterys

Learn more at FabCon 2025 in Las Vegas Visit Acterys at Booth #215 Acterys Acterys is a powerful enterprise planning engine, trusted by Microsoft and Fortune 500 companies forits AI-driven forecasting, smart write-back capabilities, andseamless integration with Microsoft Fabric, Power BI, Excel, Azure AI, and other enterprise tools. Acterys serves over 1,000 customers, ranging from globally recognized brands like Disney, Heineken and PepsiCo to small and medium-sized businesses.

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Analyzing Cash Flow Is a Must for Your Skagit County Small Business

SkagitCountyTaxServices

During your latest grocery shopping trip, were you standing bug-eyed in the dairy section, gawking at the price of eggs? In the latest egg news, the U.S. is now looking to Turkey (hows that for irony?) for help importing record-breaking amounts of eggs. Thats a major pivot in the global supply chain. And, its a reflection of a greater principle of business (that youre likely familiar with): When unexpected challenges arise, you have to get creative.

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Acterys to showcase AI-ready Customizable Applications for data and technology leaders at FabCon 2025

Acterys

Acterys Booth #215, MGM Grand, Las Vegas March 31-April 2, 2025 Acterys Data Intelligence unlocks AI-readiness, with powerful smart write-back capabilities and seamless integration with the Microsoft ecosystem Future-Proof Your Data and Achieve AI-readiness Acterys presentation, 2.00pm, April 2 Premier BR 318 Microsoft Fabric Community Conference March 12 2025 Acterys , providers of the powerful enterprise planning engine thats trusted by Microsoft and Fortune 500 companies, will showcase

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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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How Can Nonprofits Handle Delayed Donations and Grants Without Cash Flow Disruptions?

GrowthForceBlog

8 min read March 12th, 2024 The government spending freeze announced in late January has been temporarily blocked. Still, nonprofit leaders who depend on government grants, loans, and assistance find themselves balancing on somewhat unstable financial ground Key Takeaways Plan (Don't Panic): The silver lining in this situation is that the spending freeze has been blocked, and the block provided nonprofit leaders with a warning and a window of time.

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Understanding Film Tax Credits in California 

Withum

Film tax credits offer valuable incentives to production companies, offsetting costs and encouraging the local economy. States including California provide a variety of film production incentives, including rebates and partially or fully refundable and/or transferable credits. The various state incentive programs vary widely in terms of caps, spending limits and eligibility criteria making it crucial for filmmakers to understand the specific state benefits.

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3 key reasons to invest in AR automation

Accounting Seed

Make payments easy. Get paid faster. Watch your business grow. Wondering why cash flow is tight despite booming sales? Nearly 60% of U.S. businesses link poor cash flow and forecasting on outdated manual Accounts Receivable (AR) methods. Here’s a common scenario: Your company celebrates record-breaking sales, but the AR team drowns in manual work.

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Learn Your Big 4 Lore: The Failed Merger of Ernst & Young and KPMG

Going Concern

This article was originally published on April 9, 2015. Last update: March 12, 2025 In the late 1990s there were 6 major accounting firms serving our capital markets with gusto (in alphabetical order): Arthur Andersen, Coopers & Lybrand, Deloitte & Touche, Ernst & Young, KPMG, and Price Waterhouse. Then, in September 1997, the firms of Price Waterhouse and Coopers & Lybrand — #4 and #6 respectively — announced they would merge, creating the largest and prestige-iest f

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Protect What Matters: Rethinking Finance Ops In A Digital World

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.