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? Are you envious or skeptical about the the results others appear to be getting from their activity on social media and Linkedin?

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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.

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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. Since the launch of this community in 2017, we have all benefited from group members bringing their communication styles, personalities, experiences, and visions to the table via our bi-weekly leaderboard releases.

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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. Regular bank reconciliation not only saves you time, it also gives you a wealth of insights at your fingertips. You can spot cash flow trends, identify areas of opportunity, and better understand your financial situation.

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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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3 Ways Retirees Can Make Money From Home

CPA Practice

By Stephanie Toone, The Atlanta Journal-Constitution (TNS) For many, retirement is the coveted goal post at the end of a rewarding career. It allots more time to spend with family and in the comforts of home. Though it represents the end of full-time work, it does not always mean never working another day. The 2022 Spending in Retirement Survey examined the spending habits and income of 2,000 American retirees, ages 62-75.

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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.

More Trending

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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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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. Whether it be seeking a bank loan, meeting regulatory requirements, or preparing for sale or initial public offering, all avenues lead to CPA-audited, reviewed or compiled annual financial statements.

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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., stated that more than 90 percent of S&P 500 companies now publish ESG reports in some form, as do approximately 70 percent of Russell 1000 comp

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

Going Concern

Feb. 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 CohnReznick continues to expand its capabilities and market presence, recognizing the talents and achievements of outstanding professionals is critical to our growth strategy,” said CohnReznick CEO David Kessler.

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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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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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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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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. In this post, we will specifically discuss how to access the Office 365 Security and Compliance Center and a set of new roles that can be used while managing permissions from a tenant security/compliance angle.

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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. When partnerships between startups and potential investors fall apart during due diligence, the fracture can typically be traced back to one or more of these four red flags.

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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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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. Before I begin, let me mention that I read many articles in Barron’s each week and recommend it to anyone seriously interested in stock market investing. The article in question should also be read in its entirety since it shares its ground rules of the picks and provides insights into the outstanding successes

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Combating Burnout with StandOut this Tax Season and Beyond

Insightful Accountant

See how the Marcus Buckingham Co.'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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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.

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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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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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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. While proper accounting is essential to remaining compliant with industry regulations, those responsibilities should not fall to cannabis business leaders given the many essential tas

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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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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. Having delivered planning solutions to over 700 companies globally, Acterys understands that security is a top consideration for organizations when choosing a vendor. Acterys’s commitment to security has led to the successful completion of SOC 2 compliance audit.

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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. What other factors change your shipping/sales tax obligations and in what states? Pick-up lines Delivery methods and options seem to add to the confusion in Mississippi and California.

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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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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. As Chair, Robert will help prepare LEA for new opportunities for growth and community support and bring his logical, technology-driven approach to every challenge.

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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. 1 – There is a requirement for Examiner

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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. One change of note on forms 1040 this year is the IRS has replaced the term “virtual currency” with “digital assets,” a term that covers more than just cryptocurrencies but also stablecoins and nonfungible tokens.

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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. SafeSend FAQs What are the benefits to you, the client? Electronically view, sign, save and print your tax documents.

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Join the Instant Payment Revolution: Read 7 Must-Know Facts for Small Businesses

Technology evolves at lightning speed, and as finance keeps changing, instant payments emerge as a game-changer for small businesses. By 2030, instant payments are projected to surge by 289% and will become the new norm in financial transactions. Our whitepaper reveals seven must-know facts about instant payments, offering to help you navigate this financial revolution effectively.

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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. Driven by M&A, innovation and strategic senior hires, IRIS recorded 28 percent revenue growth as it successfully executed its vision to supercharge the company’s operations in the Americas.

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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.

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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. Below are the major changes to be aware of that affect employers and employees alike.