Summit CPA
MAY 2, 2024
Fractional services are professional services offered on a part-time , for-hire basis. In this article, we are going to focus on fractional services in reference to fractional CFOs (Chief Financial Officer), but it is important to note that there are other forms of fractional services such as Fractional CMOs (Chief Marketing Officer), fractional COOs (Chief Operations Officer), fractional CTOs (Chief Technology Officer), and so on.
Accounting Today
MAY 2, 2024
A set of polls has found that leaders expect that generative AI will lead organizations to actually increase, not decrease, their headcount, at least in the short term.
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Withum
MAY 2, 2024
In a landmark move, the Drug Enforcement Administration (DEA) announced on April 30, 2024, that it will initiate the process of rescheduling cannabis from Schedule I to Schedule III under the Controlled Substances Act (CSA), effectively recognizing its medical value and opening the door for more research and legal access. The decision comes after years of pressure from advocates, lawmakers, and scientists who have argued that the current classification of cannabis as a highly dangerous, addictiv
Accounting Today
MAY 2, 2024
The Internal Revenue Service released an update of its Strategic Operating Plan, with improvements planned in services and technology for both taxpayers and tax professionals.
Speaker: Joe Wroblewski, Sales Engineer Manager
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
Patriot Software
MAY 2, 2024
Canton, OH Patriot Software is proud to announce that its founder & CEO, Mike Kappel, has been selected by Ernst & Young LLP (EY US) as a finalist for the EY Entrepreneur Of The Year® 2024. Kappel is among 29 entrepreneurs selected by an independent panel of judges.
CPA Practice
MAY 2, 2024
The Internal Revenue Service is reminding taxpayers that May kicks off the season of disaster preparation with National Wildfire Awareness Month and National Hurricane Preparedness Week, May 5-11. With the tax deadline past and peak periods for disasters approaching, this is an ideal time to review and begin to protect important tax and financial information as part of a disaster emergency plan.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
Insightful Accountant
MAY 2, 2024
The partnership you need as an agribusiness focused accountant, bookkeeper or ProAdvisor.
Accounting Today
MAY 2, 2024
CFOs need to set clear goals and timelines, explore ownership transfer options and conduct a comprehensive business valuation.
Patriot Software
MAY 2, 2024
Are all of your employees eligible to receive overtime pay? Some employees are exempt from overtime pay and minimum wage laws. Exempt employee qualifications are determined by the Fair Labor Standards Act (FLSA). To run payroll correctly, you need to be familiar with exempt employees. What is an exempt employee?
CPA Practice
MAY 2, 2024
By Michael Stavola, The Wichita Eagle (TNS) A former Wichita Police Department associate accountant had a first appearance in court this week on charges accusing her of stealing money from the city. Shauna Marie Dickman, who appeared in Sedgwick County District Court on Tuesday morning, has been charged with two counts of felony theft, an April 2 complaint filed by the Sedgwick County District Attorney’s Office shows.
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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
SkagitCountyTaxServices
MAY 2, 2024
Did you know the Financial Crimes Enforcement Network (FinCEN) has a YouTube page ? Guess everyone’s got one these days, huh? I bring this up because, on Tuesday, April 30th, they are hosting a little information-giving session on their channel about Beneficial Ownership Income reporting. I’ve mentioned BOI reporting previously as it’s something all corps and LLCs will need to make sure they are complying with by the end of the year.
CPA Practice
MAY 2, 2024
Private sector employment increased by 192,000 jobs in April and annual pay was up 5.0 percent year-over-year, according to the April ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab (“Stanford Lab”). The ADP National Employment Report is an independent measure and high-frequency view of the private-sector labor market based on actual, anonymized payroll data of more than 25 million U.S. employees.
AccountingDepartment
MAY 2, 2024
Last week, AccountingDepartment.com Business Development Representative, Shawn Marcum hit the road and attended the CEO Coaching Make BIG Happen Summit in Miami, FL.
Accounting Today
MAY 2, 2024
The Consolidated Audit Trail is a database, one of the largest ever created, that is set to revolutionize how the agency monitors trading activity and spots potential misconduct.
Advertiser: Paycor
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CPA Practice
MAY 2, 2024
According to the Paychex Small Business Employment Watch, hourly earnings growth increased slightly to 3.34%, ending a nearly two-year trend of deceleration, and job growth slowed in April. U.S. small businesses with fewer than 50 employees continued to add jobs but at a slower pace with the Small Business Jobs Index standing at 100.12. The growth in weekly hours worked for employees also slowed for the 13th consecutive month, down -0.41% in April.
Accounting Today
MAY 2, 2024
R&D amortization requirements are becoming a major issue for many companies, causing a significant tax burden they may not be able to handle.
Ace Cloud Hosting
MAY 2, 2024
Thinking about getting QuickBooks to streamline your inventory and simplify accounting? Awesome! But hold on a sec… Before you proceed further, let’s make sure if it’s the right move for.
Accounting Today
MAY 2, 2024
EisnerAmper will be adding Edelstein; Simon, Krowitz, Meadows & Bortnick joined Marcum; LMC acquired Vogel; and Crete secured additional funding.
Speaker: Victor C. Barnes, CPA, MBA
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.
Going Concern
MAY 2, 2024
The Pennsylvania Institute of CPAs (PIPCA) has released a new report called CPA Talent Retention 2024: Keeping Your Best Performers , free to read for PIPCA members but we’ll have to settle for browsing the press release. Their research polled two distinct groups of professionals — entry- and mid-level CPAs nationwide who have left their firm or the profession within the last five years (“Career Changers”) and Pennsylvania CPAs with 3-10 years of experience who are still
Accounting Insight
MAY 2, 2024
Giving businesses more control to design a better future. Castaway Forecasting, the leading provider of business forecasting and modelling solutions, unveils Castaway Cloud, a new and powerful SaaS app designed to revolutionise how businesses manage their performance, planning and decision-making processes. With an array of features tailored to meet the evolving needs of modern business, Castaway Cloud empowers customers to prepare for, and navigate, uncertain times with confidence and agility.
Going Concern
MAY 2, 2024
On April 25, PwC UK announced that Managing Partner and Head of Clients and Markets Marco Amitrano (a dude) would succeed Kevin Ellis as senior partner of PwC UK and Middle East. The process to elect a new senior partner is a democratic one as each partner has a vote on the pre-selected shortlist of candidates and Middle East partners were expected to play a pivotal role in this process.
CPA Practice
MAY 2, 2024
A new survey from RSM US LLP, a provider of assurance, tax and consulting services for the middle market, shows most middle market organizations are adopting AI (78%) and generative AI (77%). However, 54% of those using generative AI find its deployment more challenging than anticipated. A strong majority (89%) of executive respondents to the survey — which targeted businesses with annual revenues of $10 million to $1 billion — report their organizations plan to boost their budgets around AI te
Speaker: Kim Beynon, CPA, CGMA, PMP
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.
Withum
MAY 2, 2024
On March 19, 2024, Bengaluru, India, played host to the Microsoft AI Partner Training Roadshow. The event was a day-long event held at The Lalit Ashok and was attended by developers, sales and pre-sales professionals, data scientists, and innovative technologists. It was a platform for the “partners” of Microsoft to understand various AI offerings, get Microsoft AI training, hear about Microsoft AI products and learn from their experts about how to integrate these advancements into our customers
Going Concern
MAY 2, 2024
Struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can help! With our Always-On Recruiting service, access a pool of skilled remote accountants without any upfront costs. Sign up now to see the complete candidate list and connect with potential hires. FTE Accountant | Candidate ID #16071602 Certifications: NA Education: BA Accounting in progress Experience (years): 7+ years of overall experience Work experience (deta
Withum
MAY 2, 2024
As artificial intelligence (AI) continues to integrate into legal processes, the idea of utilizing large language models (LLMs) for interpreting contracts is gaining traction. These technologies offer significant potential to streamline and improve the precision of contractual analysis. However, before AI can fully take on this role, several fundamental challenges related to natural language understanding (NLU) and deterministic outputs need to be resolved.
LSLCPAs
MAY 2, 2024
Thinking about making the switch from QuickBooks Desktop to QuickBooks Online? Now’s the time to seize the opportunity! Starting July 31, 2024, Intuit will no longer sell subscriptions for the following products: QuickBooks Desktop Pro Plus QuickBooks Desktop Premier Plus QuickBooks Desktop Mac Plus QuickBooks Desktop Enhanced Payroll (No need to worry if you’re already.
Speaker: Mark Gilham, FCCA, CPP
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.
AccountingDepartment
MAY 2, 2024
Last week, AccountingDepartment.com Business Development Representative, Shawn Marcum hit the road and attended the CEO Coaching Make BIG Happen Summit in Miami, FL.
CPA Practice
MAY 2, 2024
By James Halpin, The Citizens’ Voice, Wilkes-Barre, Pa. (TNS) The former financial controller of a Luzerne County HVAC equipment company pleaded guilty to a federal wire fraud charge for embezzling more than $1.5 million over a three-month period last year to support a gambling habit. Lawrence Malachefski, no age given, of Wilkes-Barre, PA, was accused of stealing from the undisclosed company to support his online gambling habit on websites including FanDuel, Barstool Sports, DraftKings and Unib
LSLCPAs
MAY 2, 2024
Preparing reconciliations is an essential function of an accounting department in local government finance departments. Reconciliations not only ensure the account balance in the general ledger is complete, but if done properly, they should also tell you if the account balance is correct. Unfortunately, this last step is often missed. In this article, we will.
CPA Practice
MAY 2, 2024
Big Four accounting firm Ernst & Young has acquired Nuvalence, a Troy, NY-based technology consulting firm that specializes in innovative artificial intelligence platform and product development. EY said in a news release that the acquisition will accelerate the delivery of platform engineering, product development, and generative AI platform-enabled services to organizations across industries and sectors.
Advertiser: Paycor
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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