Fri.Jul 15, 2022

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Congratulations Diane Gilson – Insightful Accountant's 2022 ProAdvisor of the Year

Intuitive Accountant

Insightful Accountant announced the 2022 Category Award winners and the ProAdvisor of the Year at this year's 'Scaling New Heights.' Diane Gilson was named the 2022 ProAdvisor of the Year.

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Introducing an improved Xero status page experience

Xero

When the products and features you use aren’t working as they should, we know it’s really important to be able to access information about what’s happening and why quickly. We’ve recently made some changes to the way Xero’s status page works for that reason, to ensure the information you receive is more consistent, accurate and valuable. Now, when you access Xero’s status page, things will look a little different in both how the information is grouped, as well as the content of the update itself

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What Can Outsourced Bookkeeping Services Do for My IT Company?

GrowthForceBlog

You and your employees spend all day providing the best IT services possible to your customers. The day-to-day grind makes it difficult for you to find the time to focus on working on the back end of your business by making sure your financial accounts are up to date. But doesn’t your business deserve the same high caliber of service for maintaining your books?

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The Art of Raising Prices for Skagit County Small Businesses

SkagitCountyTaxServices

The unfortunate reality of things right now is that businesses across the board might need to raise their prices. Inflation’s increasingly pervasive effects, as well as continued supply shortages, demand that pricing models change – or at least be re-evaluated. And while everyone “gets it” that prices are rising everywhere, the customer still may be unhappy about it… and tempted to seek out cheaper alternatives.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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How To Make Xero Accounting Work For Your Construction Business

Randal DeHart

The key to making Xero Accounting Online work is ensuring your account is correctly set up and maintained. Perhaps you own a service and repair firm specializing in plumbing, electrical, HVAC, or maybe a handyman service or someone who does small construction projects that last from a few hours to a few days, and you only need to give your customer or client one invoice?

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Community, care and collaboration: Why I can’t wait for my first Xerocon London

Xero

Xerocon London 2022 is almost here, and I can’t wait to see you all during my first time at this amazing event. After a long break, we’ll be back with a bang – even if this year will be a little different, with an iconic new venue, a height-of-summer date, and even more to look forward to. . But what will remain the same is the incredible sense of community, care and collaboration that the event has always inspired.

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Senior Managers Out of F*cks to Give Are Acting Up in Review Comments

Going Concern

Saw this on Reddit this morning, good thing I grabbed it before it got deleted just like this Sr. Manager’s career. Text of the original post transcribed below: I’m a Manager, a Sr. Manager is leaving me profanity / border line insulting review comments – what to do. First time working with this guy and i am getting review comments like “this is f **g garbage” – referring to a sentence.

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What Are the Requirements to Sell on Shopify?

Snyder

If you’re an e-commerce business owner, chances are you’ve considered using Shopify as a platform to sell your products. Shopify is one of the most popular e-commerce platforms available, and for good reason–it’s user-friendly, has a ton of features, and is relatively affordable. But before you can start selling on Shopify, there are a few requirements you must meet.

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The KPMG Australia Cheaters Have Been Disciplined, Much Slapping of Wrists All Around

Going Concern

Back in May Australian Financial Review reported that 12 of the 422 KPMGers who took part in systemic exam cheating would be put through the Chartered Accountants ANZ individual disciplinary process. That process has now concluded. Here’s the update from CA ANZ : Chartered Accountants Australia and New Zealand (CA ANZ) takes all allegations of academic misconduct, including cheating, seriously, and all instances that come to our attention are reported to the Professional Conduct Committee.

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3 Ways to Handle Rising Costs as an Accountant 

Patriot Software

It’s no secret that prices are on the rise. Inflation or not, rising costs are common in business. And as an accountant, you likely have partners (e.g., a payroll partner), office space, equipment, and other expenses that are prone to price increases. So, what do you do if you’re hit with a price increase? You […] READ MORE.

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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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It’s Friday – Smile!

RitaKeller

“There is a time for departure even when there’s no certain place to go.” – Tennessee Williams. Here’s a Friday Flashback post from last year. It is a tongue-in-cheek look at partner sabbaticals. Some days, in dealing with your other partners, you might wish this was true. Click here. Have a great weekend!

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IRS updates guidance on tax deduction for energy-efficient buildings

Accounting Today

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Online selling the subject of recent judgments

TaxConnex

Several recent court cases show how tricky the legal system can be for online sellers managing sales tax obligations. Lack of energy. The Washington Department of Revenue upheld a retail sales tax assessment on a taxpayer who failed to collect retail sales tax on sales to a renewable energy company. The taxpayer claimed to believe that that the energy company qualified for the exemption, but the statute provides that the purchaser must claim the exemption by requesting a refund for retail sales

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Fighting the war for talent? Start with outsourcing and automation

Accounting Today

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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

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What Is a KPI Report: A Simple Explainer of KPI Reporting

Snyder

As a business owner, you obviously don’t run a business for the sake of running a business. You have specific goals in mind, the achievement of which would determine success for you and your team. So you must be able to track and measure your business performance against those goals to see whether you’re moving in the right direction. At this point, you usually rely on the business data you possess.

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On the move: CohnReznick names cannabis & consumer products advisory leader

Accounting Today

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FRC Asks Large Audit Firms What They’re Doing About All This Cheating

Going Concern

Financial Times is reporting that across-the-pond regulators at the Financial Reporting Council have written a letter to CEOs at seven audit firms requesting details on how the firm prevents staff from cheating on professional exams. This comes after the SEC fined EY $100 million for cheating on CPE and CPA licensure ethics exams , KPMG’s dual cheating scandals in 2019 , PwC Canada phoning it in on internal exams because ain’t nobody got time for that, and KPMG Australia getting fine

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Baker Newman Noyes restarts in-person recruiting summit

Accounting Today

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Friday Footnotes: Sleazy PwC Partner Leaves; No You Can’t Claim a Boob Job; PCAOB Scholars | 7.15.22

Going Concern

PwC partner accused of rating female staff leaves firm [ Australian Financial Review ] A PwC partner who allegedly held male-only events with colleagues where they rated the attractiveness of women in their office and visited strip clubs has left the firm. Audit watchdog to overhaul UK corporate governance code [ Financial Times ] The UK’s corporate governance code will be overhauled for the first time in four years with new rules to make boards more responsible for fraud and their company’s fin

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FASB proposes changes in insurance standard transition rules

Accounting Today

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Tech News: Right Networks expands leadership team

Accounting Today

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Global tax deal threatened as Senate dysfunction delays vote

Accounting Today

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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

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Manchin plays spoiler again by halting Biden’s economic agenda

Accounting Today

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Manchin says he’ll reconsider Biden’s tax, climate plan in September

Accounting Today

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Manchin crushes Biden’s hopes for revival of economic agenda

Accounting Today