Tue.Jan 24, 2023

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Using social media and Linkedin for business and not just fun

Mark Lee

Have you ever thought you ‘should’ be doing more on social media and on Linkedin, but are not sure how or what to do? Or maybe you are very active online but are not getting the business benefits you really want?

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FP&A vs. CFO for Startups: What’s the Difference?

BurklandAssociates

FP&A provides data analysis and decision support to the entire organization, including the CFO who is responsible for strategic financial oversight. The post FP&A vs. CFO for Startups: What’s the Difference? appeared first on Burkland. CFO Insights Financial Modeling FP&A

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IRS to Use ‘Digital Assets’ Instead of ‘Virtual Currency’ on 2022 Forms 1040

CPA Practice

The IRS sent out a reminder on the second day of the 2023 filing season that all digital asset-related income must be reported when taxpayers file their 2022 federal income tax returns.

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RSM Does Not Aspire to Be KPMG

Going Concern

RSM International CEO Jean Stephens spoke to Financial Times recently and let everyone know that her firm is totally open to a little wheeling and dealing that would bump them up from their current spot as the sixth largest firm (#5 on the IPA 500 ).

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The Power of Storytelling in Risk Management

Speaker: Dr. Karen Hardy, CEO and Chief Risk Officer of Strategic Leadership Advisors LLC

Join this exclusive webinar with Dr. Karen Hardy, where she will explore the power of storytelling in risk communication as a core component of a resilient organization's management framework!

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Accounting Top 100 Social Media Leaderboard – Jan. 18, 2023

CPA Practice

We are proud that Avalara’s Accounting Top 100 social media leaderboard is made up of a diverse group of accounting industry professionals.

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5 Digital 'Must Haves' You Need at Your Disposal

Insightful Accountant

Digital strategist Lisa Apolinski breaks down the most important factors your firm's website needs to create a memorable digital experience for your clients

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More Trending

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2023 Desktop ProAdvisor Certifications Added to Training Portal

Insightful Accountant

Intuit has added the QuickBooks ProAdvisor 2023 Desktop Certifications to the QuickBooks Online-Accountant ProAdvisor Training Portal within the last week or so. The related courses and exams are now live

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Four ways to get your banking data into Xero

Xero

One of your most important accounting jobs — bank reconciliation — relies heavily on getting accurate banking data into Xero. Yet entering bank transactions manually is often time-consuming and error-prone.

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Promotion Watch ’23: It’s New Partner Season at CohnReznick

Going Concern

1 will be a big day at the 15th richest public accounting firm in the U.S. as 19 people will be admitted into the partnership at CohnReznick. “As

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11 Best Podcasts for Small Business Owners and CEO's

GrowthForceBlog

6 min read Ongoing leadership development is an integral component of your role as a business leader. No matter your past experience, education level, and current business success, it’s essential that you continue learning how to be a better leader while continuing to hone your business acumen.

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Automating Vendor Bills: Solving Six Major Pain Points for Small Businesses

Small business owners are looking to reduce manual work and manage people more efficiently. Manually keying invoice data, approving invoices and losing or hiring staff are just some of the pain points they experience when managing vendor bills.

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SafeSend Return FAQs

Dent Moses

Many of you have successfully SafeSend returns e-sign feature as part of our tax return delivery process; however, we would like to take this opportunity to provide additional information and provide some extra incentive to give the program a try if you haven’t yet had the opportunity.

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What to Do When Your Business Runs Out of Money (Besides Panic)

Patriot Software

Cash flow problems happen—often. It’s why 82% of small businesses fail. But if you have issues with your cash flow, you’re not doomed to close up shop. Instead, it’s like coming to a fork in the road. Turn right to power through, or turn left to call it quits.

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St. Louis Inno Partnership: 4 Red Flags Startups Might Encounter During Investor Due Diligence

Anders CPA

Impressing potential investors in initial meetings is only the first step toward establishing a lasting partnership. Due diligence can be the perfect opportunity to present your startup as prepared, capable and professional, but not always.

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Preparing for Your First Audit – Steps to Follow for Consumer Products Companies

Withum

Although an independent financial statement audit may not gain the day-to-day attention of management the same way as growing revenue or projecting cash flows; for many, there will come a time when an audit becomes a vital part of the company’s lifecycle.

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Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

Join Wayne Spivak, experienced CFO and corporate finance expert, for an insightful discussion on managing cash flow and company profitability.

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The value of audit certification and what it means for tax firms

ThomsonReuters

Driven by the widening range of stakeholders calling for ESG prioritization, an influx of laws and regulations pertaining to ESG, and a rise in ESG investment products, companies are increasingly setting their sights on ESG-related initiatives, such as audit certification. In fact, an article by global management consulting firm McKinsey and Co.,

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I’m The Boss

RitaKeller

“It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt.”- Mark Twain Have you ever experienced it? I have. When a healthy discussion about a process or procedure goes on too long, I am talking about a boss who says, “I’m the boss; you’re the employee!” ” What those kinds of bosses really mean is “My way or the highway!”

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DAVO @ QuickBooks Connect 2022

Insightful Accountant

Check out the automated sales tax solution for today's brick and mortar merchants

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Office 365 Security and Compliance Center: How to Access and Best Practices

Withum

Welcome back for round two of permissions in Office 365/Microsoft 365. In my last blog , I presented some best practices around Admin roles that can be used to target Microsoft 365 workloads such as Exchange Online, Microsoft Teams or SharePoint Online.

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Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

This exclusive webinar with Ryan McInerny will teach you all about cryptocurrency and NFTs! Register to learn more about identifying crypto transactions, crypto asset market trends, managing risk and compliance, and supporting customers and partners using crypto-based payments.

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Combating Burnout with StandOut this Tax Season and Beyond

Insightful Accountant

See how the Marcus Buckingham Co.'s s assessment can help you better prepare and manage your energy for the grueling tax season ahead. Sign up for the ADP webinar here

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Barron’s 2022 Stock Picks’ Performance

Withum

This week’s Barron’s January 23 issue has an article titled “A 2022 Report Card We Can Be Proud Of.” Its 84 picks “beat” the market in a terrible year for stocks. Here is my take on this.

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Updated ProAdvisor Training Portal

Insightful Accountant

In this companion article to today's headline, we wanted to tell you we're sorry we somehow let this feature slip by and not get published a while back

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Accounting Software Maker IRIS Sees 30% Growth

CPA Practice

IRIS Software Group (IRIS), a leading global software provider of accountancy and document management solutions, today announced record growth in the Americas region for 2022.

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Exploring the Overlap: Cost Optimization and Digital Transformation

Speaker: Alex Jiménez, Managing Principal, Financial Service Consulting for EPAM

The largest banks have increased reserves for protection against deteriorating economic conditions. Should banks delay their digital transformation investments and focus on cost reductions? In this webinar, Alex Jiménez will walk us through that question and examine the prudent course of action.

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NMTC Case Study for Boys & Girls Club of Cabarrus County

Cherry Bekaert

Project Throughout the 70-year history of the Boys & Girls Club of Cabarrus County (the Club), they have expanded services and facilities to meet the needs of children in the County. In 2018, they found themselves at capacity, turning away hundreds of children annually from valuable services and empowerment—an unacceptable position for the staff and Board. They embarked on an aggressive $7.5

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Five Reasons Cannabis Organizations Should Outsource Their Accounting in 2023

CPA Practice

By Kristin Kowalski., CPA, MST. As the cannabis industry continues to evolve with expanding legalization, business operators are faced with unique challenges. Unlike other industries, cannabis business leaders must navigate an industry with exceptionally high tax rates and complex, ever-changing legal requirements.

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NMTC Case Study for Byron Health Center

Cherry Bekaert

Project The Bryon Health Center (the BHC) is the acquisition, construction and equipping of a 122,000 square foot residential health care facility to provide assisted living, memory care and skilled nursing services to those in need. Byron’s areas of expertise are dementia, mental illness, traumatic brain injury, intellectual development disability, and Huntington’s Disease. With total project costs of $33.81 million, and in addition to the $12.5

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Acterys is Now SOC 2 Compliant: What it Means for Your Organization

Acterys

In a recent study conducted by Momentive, data security was ranked as the primary concern for 77% of IT decision makers when considering a new cloud service provider.

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The Anti-Money Laundering Act of 2020: Initial Catalysts, Current Implications, and Future Impacts

Speaker: Elizabeth "Paige" Baumann, Founder and CEO of Paige Baumann Advisory, LLC

In this session, Elizabeth “Paige” Baumann will cover the Anti-Money Laundering Act of 2020, which also includes the Corporate Transparency Act. She'll take a deep dive into the catalysts that brought on the act, the current implications of the act, and what impacts the act has on the future of banking and finance.

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The latest on sales tax on shipping charges (part 2)

TaxConnex

Shipping is indispensable to eCommerce yet sales tax on it remains a mishmash of regulations across the states. In our previous blog, we looked at how exemptions, the taxability of the item being shipped and selling into tax-free states affect sales tax on shipping.

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Robert Minkler, Jr. Named Board Chair of LEA Global

Anders CPA

Anders Managing Partner Robert Minkler, Jr. has been elected to the position of Chair on LEA Global’s Board of Directors. Robert has served on LEA Global’s Board of Directors since 2015 and has been an active member of the Managing Partner Group since 2009.

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Changes You Need To Know About Your Retirement Savings – SECURE Act 2.0

Withum

The passage of the SECURE Act 2.0 provides a slate of retirement changes that could improve the retirement system for many people. The new law supplements earlier legislation that increased the age for required minimum distributions (RMDs) and allowed for additional retirement options.

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Changes to the Charity Commission’s Independent Examinations

Menzies

Menzies LLP - A leading chartered accountancy firm. The Charity Commission (after appropriate consultation with the professional bodies) issued revised “Directions” for carrying out Independent Examinations, mandatory with effect from 1 December 2017. While much of the work of the Examiner was unchanged by the Charity Commission, there was a format Examiner’s Report and also changes to the emphasis of the work with three Directions.

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How Automation Can Streamline Your Month-End Close Process

Start the new year with powerful automation for your month-end close and reconciliation process. See how automation can change the trajectory of the close, buy back time, instill more confidence in the results, eliminate administrative headaches and be audit ready.