Wed.Nov 23, 2022

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What CPAs need to know about the new SEC marketing rule

Accounting Today

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HLB Names Bill Hagaman as Chairman

Withum

Withum is proud to share that Bill Hagaman has been appointed Global Chairman of HLB International. HLB, the global advisory and accounting network, announced at their annual summit in October that Bill Hagaman , Managing Partner and CEO of Withum, will take over the post from Corney Versteden. We are delighted to welcome Bill as our new HLB International Chairman.

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Trending Sources

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IRS posts info on required amendments for 403(b) plans

Accounting Today

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That’s a wrap for Xero Roadshow Singapore!

Xero

It was an absolute privilege to speak at my very first Xero Singapore Roadshow last week – our first major in-person event in nearly three years. What an incredible day it was, meeting the more than 750 accountants and bookkeepers who showed up to engage with the community, share their knowledge and expertise. An extra special thank you to all those who travelled from Hong Kong, Malaysia, the Philippines, Indonesia and elsewhere in the region to attend. .

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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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KPMG Australia appoints first-ever head of metaverse future 

Accounting Today

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App Partner Stories: Supporting a (robotic) bird’s eye view of analytics (literally)

Xero

Xero app partner Projectworks has been working closely with Aerium Analytics , a Calgary-based technology company that uses data automation and analytics to provide geospatial intelligence, inspection, and wildlife management services using aerial drones. . Aerium is focused on three main products: Foreign Object Debris Detection (FOD). Runway Marking Analysis.

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5 CPE Courses To Be Grateful For | Canopy

Canopy Accounting

The end of the year is nearing, which means it’s crunch time for CPAs who still need to earn those mandatory CPE credits. Accounting CPE credits can be acquired by participating in various courses, webinars, and conferences throughout the year. We’re sharing 5 great course options that you’ll be grateful for while finishing your CPE credits for the year.

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TIGTA revamps website

Accounting Today

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How UK sole traders can ease their financial admin burden with Xero Go

Xero

In my role as GM of Xero Go, I speak with sole traders, accountants and bookkeepers and have learned so much about the ups and downs of running a business solo. I’m always so inspired by anyone who takes the brave step to start their own business. I love the passion and determination they so often display and know how challenging it can be, particularly over a sustained period. .

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New AI tool can determine necessity of bank bailouts

Accounting Today

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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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What’s the Status of the 2007 Proposed Cafeteria Plan Regulations?

ThomsonReuters

QUESTION: We know that the IRS issued proposed cafeteria plan regulations in 2007. What is the status of these regulations? Are employers required to comply with them? ANSWER: The IRS has yet to publish final cafeteria plan regulations. Meanwhile, the 2007 proposed regulations can be relied on for guidance until the final regulations are issued, as explained in the preamble.

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Happy Thanksgiving from KROST

KROST

We’re thankful for incredible clients like you this Thanksgiving. Without you, we would not be where we are today, and we are incredibly grateful to be able to serve you. May the joys of the holiday season extend throughout the coming year. We gave thanks this year by donating to the following organizations. If you Read the full article. The post Happy Thanksgiving from KROST appeared first on KROST.

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The PCAOB Thinks It Deserves a 12.6% Raise

Going Concern

These days everyone wants a raise that is at least as high as the rate of inflation, which is currently 7.75%. The PCAOB does too. At an open meeting held today [Nov. 18], the Public Company Accounting Oversight Board approved its fiscal year 2023 budget and 2022-2026 strategic plan. […]. The 2023 budget is guided by the strategic plan and provides the Board with the resources necessary to execute its goals to help keep investors protected.

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The Tax Technology Transformation: Getting Started

ThomsonReuters

According to the Thomson Reuters 2022 State of the Corporate Tax Department report, almost two-thirds of all corporate tax departments are either at or near the beginning of their tax technology journey. As a result, understanding how to manage the transition to a more automated, technologically sophisticated department is a top priority for many tax leaders.

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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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Friendly Reminder: If You Are Going to Commit Fraud For Clients, Charge More

Going Concern

Remember the Chrisleys? The flamboyantly wealthy TV couple Todd and Julie Chrisley of Chrisley Knows Best ? On Monday, Todd was sentenced to 12 years in prison and Julie to seven years for an assortment of crimes like fraud, tax evasion, and conspiracy to defraud the United States. Also tied up in this bonanza of federal charges was the Chrisleys’ accountant Peter Tarantino, who was charged with one count of conspiracy to defraud the United States and two counts of willfully filing false t

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IRS Releases 2023 Versions of HSA Reporting Form and Instructions

ThomsonReuters

Form 5498-SA (HSA, Archer MSA, or Medicare Advantage MSA Information) (2023); Instructions for Forms 1099-SA and 5498-SA (2023). Form 5498-SA. Form 1099-SA and 5498-SA Instructions. The IRS has released Form 5498-SA for the 2023 tax year, along with its instructions, which are combined with the instructions for Form 1099-SA. (The 2023 General Instructions for Certain Information Returns, which relate to these and certain other information returns, have not yet been released.

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Top 11 Questions to Ask in an Accounting Interview

Analytix Finance & Accounting

Growing your team with the right people is crucial because of the effort and value they add to project and client management. The success of your business relies on good employees, including (and especially) accountants. Treating employees with the utmost respect and giving them the best workplace would allow them to improve their productivity. In addition to helping your employees, create a healthy workplace and offer them flexibilities to retain your best talents longer.

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Accounts Receivable (AR) Automation: The Solution To The Collection Problem

Accounting Seed

If you’re running a booming business with plenty of credit sales, it’s great news for your company. It also leaves you with a ton of paperwork. You’re constantly entering sales figures in accounts receivable (AR), invoicing customers, remembering whether they’ve paid, contacting them if they haven’t, and adjusting AR when they settle up. That can add up to a lot of time spent bookkeeping, but it has to be done.

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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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Tax Implications of Interstate Remote Work for Law Firms

Withum

As a result of the COVID-19 pandemic, there has been an unprecedented shift in employees working remotely. Many law firm practices lend themselves to remote work, and as such, the days of all partners and employees working from a single office in a single state every day are gone. Many law firms now have partners, lawyers, and support staff working remotely on a full-time or part-time basis.

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OCR Cybersecurity Newsletter Focuses on Security Incident Procedures

ThomsonReuters

October 2022 OCR Cybersecurity Newsletter: HIPAA Security Rule Security Incident Procedures (Oct. 25, 2022). Available at [link]. OCR has released its latest cybersecurity newsletter on the importance of having policies and procedures to detect and respond to security incidents. As part of their compliance with the HIPAA security rule, covered entities (including health plans and most health care providers) and business associates (together, “regulated entities”) must implement policies and pro

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ERP Implementation Failure: 8 Mistakes to Avoid

Withum

An Enterprise Resource Planning rollout is paradigm-shifting…err, right? It can be. An ERP system can be critical to running your company better; it can help facilitate better communication between previously disconnected departments and more. This only works however if you avoid ERP implementation failure and the system is implemented properly. Here are some ERP implementation stats to understand the importance of learning from common mistakes: ERPs can reduce operational and administration cos

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Overcoming Awkward, Winning Clients, and Influencing People

Summit CPA

The Virtual CPA Success Show: Episode 67. Are you an introvert who has trouble networking and marketing your brand or business? In this episode, Jamie Nau, our host and Summit CPA's Director of Virtual CFO sits down with Adam Hale, Partner at Anders CPAs + Advisors, and Monica Parkin, author of "Overcoming Awkward, an Introvert's Guide to Networking, Marketing and Sales. " She is an International Speaker, the host of the "Juggling without Balls" podcast and Director of Community Engagement for I

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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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Skagit County Businesses choosing to live out of a place of gratitude

SkagitCountyTaxServices

This week is an opportunity. To comfort ourselves away from the noise of our clamoring-for-attention society with good food and (mostly?) good company … for sure. But also, to pause. There’s not many opportunities for that as a Skagit County business owner (without falling behind on the 983 conversations you’re part of on a daily basis).

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3 Holiday Tips for Small Business Accounting

Basis 365

Holiday accounting requires special preparation. It was the week before Christmas and all over town. Every business was busy Other than us. We are dead. Is this you? This time of year is a great time for retailers, but it can also be slow for service businesses. Unfortunately, January will not bring much relief, as the new year usually begins slowly.

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How an independent valuation can reduce the time and costs of a dispute

Menzies

Menzies LLP - A leading chartered accountancy firm. When groups of businesses are restructuring or are changing hands, they often call in professional advisors to aid in carving up privately run businesses. For example, if a shareholder made the decision to leave and sell their shares, both the departing and remaining shareholders may seek advice on what the best next steps are.

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Court Sets Aside HHS Interpretation That ACA Section 1557 Prohibits Discrimination on the Basis of Sexual Orientation or Gender Identity

ThomsonReuters

Neese v. Becerra, 2022 WL 16902425 (N.D. Tex. 2022). In a class action lawsuit brought by two medical providers, a federal trial court has set aside HHS’s interpretation that Section 1557’s prohibition of discrimination “on the basis of sex” includes discrimination on the basis of sexual orientation and gender identity. The lawsuit challenged a May 2021 notification announcing that HHS would interpret Section 1557 consistent with the U.S.

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How to Set Better OKRs and Drive Results

Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.

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Trump tax order is latest rebuff by Supreme Court that he remade

Accounting Today

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Trump had losses of $900M in two years, jury told

Accounting Today

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Trump's civil fraud trial in NY is set to start in October 2023

Accounting Today