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A recent alert from Maryland-based cybersecurity firm Huntress highlights a concerning vulnerability for construction companies using on-premise accounting and project management software with default login credentials. According to their report last month, a brute-force attack targeted users of a major construction accounting software vendor, exposing sensitive data due to default usernames and passwords being left unchanged.
Whether you’re a consultant working with companies or you run your own company. whether you’re just looking to clean up your own operation or you’re doing homework for an M&A. sales tax risks and exposure should be an important topic. And getting to the bottom of that topic means knowing what questions to ask. Our recent webinar “What to Ask Your Clients to Identify & Manage Their Sales & Use Tax Risk” addressed many of these questions – along with what to do once you find out the an
By Paul Schott The Middletown Press, Conn. (TNS) Nov. 4—Furniture retailer Lovesac has agreed to pay $1.5 million to settle a Securities and Exchange Commission lawsuit that alleges that two former executives committed accounting fraud at the Stamford-based company. The two former executives, then-chief financial officer Donna Dellomo and then-controller Yoon Um, attempted last year to conceal more than $2 million in shipping expenses, after the discovery that those expenditures had been belated
In just the last 24 hours, we’ve gotten tips about layoffs at Moss Adams, Elliott Davis, and CohnReznick. This on top of audit layoffs at KPMG first reported by WSJ yesterday. What. Is. Happening. Here’s someone on r/accounting who says they were among the people let go at CohnReznick seemingly out of nowhere: Been at CR for six+ years, overall a good job and I liked it.
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
Top 200 accounting firm LGA has merged with Abbott & Co., a Lexington, MA-based accounting firm led by Mellinda Abbott. “The merger of Abbott & Company with LGA will ensure a smooth transition for clients, with the same team and personalized attention they’ve come to expect,” LGA said in a media release on Nov. 4. “Clients will now benefit from expanded services, including advanced tax strategies, audit and assurance services, business advisory services, and more.
Every year, the time comes to prepare for the holidays. For some industries, this is where a bulk of their revenue comes from — and for good reason. While there are undoubtedly sales to be made, if you don’t have the right plan and procedures in place, you could end up costing your business. Before the silly season, prepare and look at how your business operates before it’s too late.
Marking its 65 th year of scholarship distribution, the New Jersey Society of Certified Public Accountants (NJCPA) is accepting applications for its accounting scholarships. College-bound New Jersey high school seniors, as well as sophomore, junior and senior accounting students at New Jersey colleges or universities, and select students from under-resourced or historically underrepresented communities, are encouraged to apply.
Marking its 65 th year of scholarship distribution, the New Jersey Society of Certified Public Accountants (NJCPA) is accepting applications for its accounting scholarships. College-bound New Jersey high school seniors, as well as sophomore, junior and senior accounting students at New Jersey colleges or universities, and select students from under-resourced or historically underrepresented communities, are encouraged to apply.
IRIS Software Group , a leading global provider of accounting, edtech, HR and payroll solutions, today announced the launch of IRIS Elements Enterprise , the latest tier in its existing cloud-based accounting suite. With today’s launch, IRIS rolls out two initial Enterprise product offerings: Enterprise Tax and Enterprise Accounts Production. The IRIS Elements suite now offers three tiers: IRIS Elements Essential for smaller practices and startups, IRIS Elements Professional for mid-tier f
What’s the state of accounting education today? In the latest episode of the IssuesWatch Podcast, three college accounting educators – who are also CPAs – discuss enrollment trends, shifts in curriculum, accommodating varied learning styles, bridging the gap between the classroom and the workforce, alternative pathways to CPA and more. The episode is hosted by Don Meyer, NJCPA Chief Marketing Officer, and the guests are Steven J.
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
Nearly three-quarters of U.S. masters of accounting programs reported application growth, according to a report by the Graduate Management Admission Council.
Top 60 accounting firm KSM (Katz, Sapper & Miller) has expanded its presence in New York after acquiring Shanholt Glassman Klein Kramer & Co. (SGKK), a New York City-based CPA firm with a focus on the real estate industry, effective Oct. 31. Financial terms of the deal weren’t disclosed. KSM established its New York office in 2012, and with the addition of SGKK’s nearly 60 employees and six partners, the office will expand to a team of approximately 90 professionals.
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.
The International Auditing and Assurance Standards Board is preparing for the adoption of its International Standard on Sustainability Assurance 5000 early next year as companies look to get outside approval from auditing firms on their environmental efforts.
This prologue is a pricing supplement to Murph's Blue Paper Comparison of ten ERPs. The original and supplemental content requires "Be Insightful" Premium Content registration.
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.
Thursday, Murph is holding the Question and Answer Workshop portion of his 'Be Insightful' program covering ERP Alternatives. The workshop will review the Blue Paper, a new supplement on ERP Pricing, and also address attend questions and answers.
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.
Lili , a financial platform designed for small business owners, today announced that it is launching Lili Connect,an embedded finance integration that streamlines small business banking, accounting, and tax processes, allowing partners to offer Lili’s comprehensive financial management tools directly through their platform. With Lili Connect, partner companies can help their small business customers manage their financial needs in one place with Lili’s unique offerings—including a business che
Two Los Angeles-based accounting firms have combined as of Oct. 31: top 100 firm GHJ and GGF. “By combining forces, GHJ is enhancing its ability to deliver greater value to clients through expanded expertise, innovative solutions, and a broader range of services designed to support their success,” GHJ said in a media release. GGF’s employees have joined GHJ’s team, with GGF founder Scott Gilderman becoming a senior consultant in GHJ’s audit and assurance practice, alongside incoming tax partner
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.
Bloomberg Tax and Accounting announced a new strategic partner program with major tax prep software providers in order to expand the set of available tools for users.
In a significant shift that will affect tax practices nationwide, the Internal Revenue Service has activated its new pass-through compliance unit within the Large Business and International Division (LB&I).
Even with all the publicity surrounding the issue of financial fraud in the last 20+ years, most auditors, investors, and other professionals still do not “get it” when it comes to detecting fraud. Traditional financial statement audits were never designed to detect fraud. The audit is simply a process by which auditors check the company’s [.
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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