Wed.Jun 22, 2022

Bullet-Proof Your Accounts Payable with 3-Way Matching


The process of 3-way matching in accounts payable protects your business against incorrect or fraudulent invoices. It mitigates risks in your company’s spending by making sure you don’t overpay for services or fall for counterfeit invoices.

Getting Started with Lockstep Inbox – Free Forever


Lockstep Inbox creates an online workspace so there’s one place for your accounting team to work together, manage shared activities, and directly connect with customers and vendors.


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Taxpayer advocate sees much larger backlog than IRS reported

Accounting Today

Tax refunds E-filing Tax returns IRS Tax

Accountants as Advisors – and the Elephants in the Room!


RESOURCES / ARTICLES. Accountants as Advisors– and the Elephants in the Room! How do Accountants sell more advisory services? This is a question we get asked a lot… and the answer can be more complicated than it appears. For starters, WHY would Accountants WANT TO sell more advisory services?

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.

IRS Still Has Backlog of 21.3 Million Tax Returns

CPA Practice

At the end of May 2022, the agency had a backlog of 21.3 million unprocessed paper tax returns, an increase of 1.3 million over the same time last year.

Gen Z is Wearing ‘Pajamas’ to Work and No One Cares

Going Concern

We here at Going Concern have always worked remotely, cranking out our hard-hitting investigative journalism from the nearest coffee shop or cat hair-covered couch in our nicest T-shirts since 2009.

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Wayfair hearing may lead to remedial sales tax legislation

Accounting Today

Sales tax South Dakota v. Wayfair Tax Online sales tax Tax laws

How to Handle Stripe Disputes in E-commerce


As your online store grows and attracts more customers, so does the risk of facing Stripe disputes. Disputes can lead to discrepancies and add more challenges to your accounting routine. How to deal with the dispute depends on the payment processor you use.

Grant Thornton releases cloud solution for quality management

Accounting Today

Grant Thornton Compliance Technology Cloud computing

“The First State” Becomes the 11th: Delaware Paid Family Leave Coming Soon

Patriot Software

With the passage of the Healthy Delaware Families Act (the Act), Delaware became the 11th state to guarantee paid parental, medical, and military leave for employees. Delaware paid family leave (PFL) touches the lives of both employees and their employers.

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.

Biden seeks pause in gas tax

Accounting Today

Inflation Tax planning Joe Biden Biden Administration Tax

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I Sold My Small Business Stock After 4½ Years – Can I Qualify for the QSBS Exclusion?


I receive at least 5 calls per year with some variation of this question. The callers are asking about the exclusion for capital gain on the sale of qualified small business stock (QSBS).

KPMG opens collaboration hub in the metaverse

Accounting Today

Technology KPMG Collaboration

A Letter to a Dear Friend About His Lack of a Current Will 


About three years ago, a dear friend asked me for a checklist that he and his wife could fill out before they go to an attorney to get new wills and related documents. I saw him a few days ago and mentioned whether he ever got his wills done, and he sheepishly said he hadn’t. I dropped the matter. .

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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!

Clariant restructures after accounting investigation

Accounting Today

Accounting Financial reporting Accounting fraud Whistleblower International accounting

Audit Supervisors at the PCAOB Want Auditors to Better Supervise Their Auditors

Going Concern

The PCAOB adopted a new audit standard yesterday (AS 1206, Dividing Responsibility for the Audit With Another Accounting Firm ) to ensure that lead auditors are properly supervising the outside auditors they use.

Michael Avenatti pleads guilty to tax fraud

Accounting Today

Tax fraud Tax

How to Set Business-Driving Goals with Your Clients

CPA Practice

Good communication between CPAs and their clients is essential when crafting business-driven goals. CPAs and their clients should be a team, working together with a shared vision. Be clear with clients about what they want to achieve, and help them. Firm Management

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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.

Manchin says EV tax credit bonus is gone from spending bill

Accounting Today

Tax credits Biden Administration Auto industry Tax Energy industry

Theresa Richardson Named 2022 Women Worth Watching Award Winner


Withum is proud to share that Profiles in Diversity Journal named Theresa Richardson , Chief Talent Officer, a 2022 Women Worth Watching Award Winner.


Capital gains from Bitcoin estimated to be $30B

Accounting Today

Blockchain Technology Tax Bitcoin Cryptocurrencies

Withum Expands Transaction Advisory Practice with Investment Banking Services


Withum is excited to announce the expansion of its Advisory Practice to include Investment Banking Services. Kevin Bodnar joins the Firm as a Principal and leader of the new practice.

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!

Are your clients crying out for advisory services?


Most business owners have a traditional understanding of what an accountant does. File taxes. Prepare financial statements. But are your clients asking you for more?

Does Shopify Have Expense Tracking?


It’s impossible to overstate the importance of accounting for e-commerce businesses. You might find yourself in a tight spot, especially if you’re solely relying on Shopify accounting.

Experiencing Bureau of Digital Events with Ashley Vaughn

Summit CPA

The Virtual CPA Success Show: Episode 57. In this episode, Jody Grunden, our CEO and Co-founder sits down with our Virtual CFO, Ashley Vaughn to talk about her experience attending the Bureau of Digital Owner's Camp and Owner's Summit.

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Four ways to build a fighting fit practice in FY23


The world of advisory has undoubtedly changed over recent years. Since the pandemic’s arrival, many practices have had no choice but to adapt to an environment where uncertainty is the new norm.

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The First 90 Days: Onboarding Checklist

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

8 Steps for Setting Your Firm's Revenue Goals

Accounting Web

Growth 8 Steps for Setting Your Firm's Revenue Goals

A few easy ways to support charities in your business (and get a tax benefit too)


Embracing charity in your business is not only an altruistic endeavour, which benefits society, there are also tax incentives in doing so. In such a win/win scenario, it’s hard to conjure a reason why you wouldn’t be wanting to give back to worthy causes in whatever capacity you can.

PCAOB OKs Changes in the Oversight of Audits Involving Outside Auditors

CPA Practice

The Public Company Accounting Oversight Board (PCAOB) voted unanimously to amend current auditing rules and introduced a new standard on June 21 pertaining to an audit firm’s use of so-called “other auditors” who lend a hand during the course of an audit. Accounting & Audit

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Signing Bonus


“My expectations were reduced to zero when I was 21. Everything since then has been a bonus.” ” – Stephen Hawking. Signing bonuses are just one bit of ammunition in your hiring arsenal. Just in case you aren’t up-to-date on what firms are doing in this area, a mid-size firm I recently talked with told me they are offering $10,000-$15,000 as a signing bonus. I am sure many of you are doing the same AND many of you aren’t, but should.


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!