Fri.Aug 12, 2022

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Fraud Detection and Protection Series: The Loan to Construct Nothing

Withum

You are about to read a true story, though all names have been changed. The Incident. Do you remember the rush of inspiration you felt when you began exploring the field that would later become your career? Maybe it was because of a training course or apprenticeship – opportunities that many unions make possible every day. The union in this story did just that: it provided training and apprenticeship courses to its members interested in learning the trade.

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Write-back Options in Power BI – Not Everything is Equal

Acterys

Over the last 7 years, Power BI has developed into the predominant self-service analytics solution. It was b uilt for analyzing data, but the visualization and data modelling capabilities also make it the perfect platform for collecting data down to very sophisticated x P&A ( Extended Planning & Analytics) processes. The key arguments here are not just the unsurpassed visualization options that also enable dramatic improve ments for planning processes but also the ease of deployment and

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Trending Sources

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Word Hits TikTok That Big 4 Firms Are Cheap Bastards, “It’s Modern Day Slavery”

Going Concern

Deloitte Australia is trying to be transparent by releasing salary data but apparently this tactic isn’t working, not with Daily Mail writing headlines like Young Aussie reveals why many millennials no longer want to work in corporate jobs – after boomers said the generation was ‘lazy and entitled’ that is. Here’s the TikTok that inspired such dramatics: @gowokegobrokeaus Tell me how it makes sense #big4 #deloitte #fyp #graduate #work #commentator #corporatelife #co

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Write-back Options in Power BI – Not Everything is Equal

Acterys

Over the last 7 years, Power BI has developed into the predominant self-service analytics solution. It was b uilt for analyzing data, but the visualization and data modelling capabilities also make it the perfect platform for collecting data down to very sophisticated x P&A ( Extended Planning & Analytics) processes. The key arguments here are not just the unsurpassed visualization options that also enable dramatic improve ments for planning processes but also the ease of deployment and

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But 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. 🗻 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. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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The Rule of Life by Kurt Vonnegut

Withum

“Hello, babies. Welcome to Earth. It’s hot in the summer and cold in the winter. It’s round and wet and crowded. At the outside, babies, you’ve got about a hundred years here. There’s only one rule that I know of, babies—: “‘…you’ve got to be kind.'” This is from God Bless You, Mr. Rosewater by Kurt Vonnegut.

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Small Business Owner’s Equity Guide

xendoo

If you’re a small business owner, you know that keeping track of all the moving parts can be challenging. Most small business owners keep track of their profit and loss statement , but the owner’s equity is equally important (and often overlooked). . In this guide, we will explain what owner’s equity is and how to calculate it. We will also give tips on how to grow your equity and protect it from potential risks. .

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China state-owned giants to delist from U.S. amid audit spat

Accounting Today

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Power Up Your Construction Company Payroll Processes

Randal DeHart

Payroll is one of those things that starts quite simple. You build your construction business, hire a few employees, and things tick along pretty well. It’s straightforward enough to keep everything in line at first, but what happens to most companies is that they grow! However, having an employee is different than when it’s just you meeting the client, doing the work, and collecting the money.

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Tech News: Intuit releases Tax Resource Library

Accounting Today

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NRA Pushes SBA To Release $180M in Leftover Restaurant Revitalization Funds

KROST

The National Restaurant Association asked the Small Business Administration to disperse $180 million in leftover Restaurant Revitalization Funds to applicants who did not receive funds in a letter sent on July 27, 2022. The Restaurant Revitalization Fund, otherwise known as RRF, is a critical program recovery program created in response to the COVID-19 pandemic.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

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.

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Eide Bailly and Conservis partner to connect farm data and business operations

Accounting Today

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Power Platform Environments and When to Use Them – Part One: All About Trial Environments 

Withum

In this series of blog posts, I will review each of the Power Platform environments and discuss best practices for their use in helping you avoid any gotchas and data loss. If you don’t know anything about Power Platform environment types, you might want to read my prior blog post, What IT Professionals Need to Know About Power Platform Environment Management first.

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KPMG names new partner-in-charge of university talent acquisition

Accounting Today

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What Are Data-Driven Insights?

Snyder

As an entrepreneur, one of the most important phrases that should always be on your buzzword list is data-driven insights. You should be aware of the importance of data-driven analytics. This article will help you understand what are data-driven insights and how you can improve your business using data-driven attribution. Understanding Data-Driven Insights.

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Doing More With Less: The Modern Finance Miracle

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.

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On the move: SobelCo promotes two to member

Accounting Today

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Promotion Watch ’22: Plante Moran Adds 29 New Partners

Going Concern

Fortune magazine ’s favorite accounting firm promoted 29 new partners across eight service lines and 15 offices at the beginning of August. The new partner class of 2022 at Plante Moran is the firm’s largest in the last several years, surpassing the 24 in 2021 , 25 in 2020 , 16 in 2019 , and 15 in 2018. Here are the 17 men and 12 women who just had their work responsibilities ratcheted up a couple notches: Andrew Bogott, Assurance, Schaumburg.

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Is It Time to Take Your Services Remote? Offering Virtual Bookkeeping 101

Patriot Software

Nowadays, everything seems to happen in the cloud and jobs everywhere are going remote. Well, go ahead and add virtual bookkeeping to that list. With virtual bookkeeping, accountants can work with clients remotely whether they’re in the same state or across the country. Interested in learning more about what it takes to become a virtual […] READ MORE.

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Turns Out a Place Called “Accountant ‘R’ Us” Was Not a Legitimate Business at Which to Get Your Taxes Done

Going Concern

A man in Connecticut is accused of taking $373,201 in PPP loans to fund a phony accounting firm : Eric James O’Neil, 57, was arrested Aug. 9 at his Bethel home on an arrest warrant and indictment issued by federal court in Boise, Idaho, where the bank that processed the loan is based. O’Neil formed Accountant “R” Us Inc. in 2013, according to the indictment, and it was based at a shared office space in Tarrytown, according to a state corporation record.

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8 Pillars of Leadership Development

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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How Synder helped Betr Health categorize their expenses and income and import almost 2 years of data, transaction by transaction to their books

Snyder

Betr Health. The Betr Health Method is the world’s first gut health, food as medicine movement using the science that everyone’s talking about, but few people know how to implement it into their daily lives. It was created by Dr. William Ferro and is based on nourishing the body with a diverse variety of whole, delicious foods to heal and restore gut health.

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UK Transfer Pricing Documentation Changes Ahead

Menzies

Menzies LLP - A leading chartered accountancy firm. The UK Government has tabled draft legislation setting out new transfer pricing documentation requirements that will affect the largest UK businesses. It includes UK companies that are part of very large International Groups (with global revenues of EUR 750m or more), requiring them to retain documentation in a Master File and Local File format, plus a summary audit trail which will disclose the main actions undertaken in preparing the Local Fi

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Lawmakers trade accusations over IRS hiring of auditors

Accounting Today

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Friday Footnotes: Crippling Staff Shortages in Consulting; Hold Auditors Accountable; AICPA is Mad | 8.12.22

Going Concern

Ed. note: fans of accounting headlines are encouraged to sign up for our newsletter to get headlines delivered to your inbox twice a week. How to follow up after a job interview [ Journal of Accountancy ] You aced the job interview. What’s next? This is just one of many questions that have baffled accountants of all ages and experience levels for decades.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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How the Inflation Reduction Act expands energy efficiency tax incentives for the real estate industry

Accounting Today

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House sends Biden landmark tax, climate, health bill to sign

Accounting Today

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Trump Organization, CFO tax-fraud trial to begin Oct. 24

Accounting Today

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