Sat.Aug 06, 2022 - Fri.Aug 12, 2022

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5 Reasons to Consider Outsourcing Your Accounting

AccountingDepartment

As a company grows and evolves, business leaders and key personnel may spend more and more time devoted to bookkeeping and accounting activities than they would prefer. Some small business owners spend more than half their time managing the company's finances.

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Sales tax is a tricky world

TaxConnex

A few recent developments – including scams and fine definitions –across the country show how sales tax compliance can be complicated. New York: An appeals court ruled last month against a company that claimed eligibility for sales tax refunds on several purchases of concrete. The petitioner argued that its purchases of concrete were for a nontaxable service provided by the seller that would also provide the installation of capital improvements to real property, rather than a taxable delivery of

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Trending Sources

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Why Your Accounting Firm Needs a Blog and How To Get Started | Canopy

Canopy Accounting

Content marketing is a tool that can help increase traffic to your website, build trust with your audience and boost SEO rankings. Let’s take a look at how these things can be accomplished.

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10 Critical Elements Your Website Must Employ Today

DuctTapeMarketing

10 Critical Elements Your Website Must Employ Today written by John Jantsch read more at Duct Tape Marketing. Many people assume that a website's purpose is to get new clients. Just create high-quality product pages, write a little content, add a CTA button then sit back and see if it works. Yet the primary goal of a website isn’t only to obtain new clients.

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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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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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5 Ways to Stop Employees from Colluding in Fraud

RogerRossmeisl

What happens if two or more individuals in your organization collude to commit fraud? According to the Association of Certified Fraud Examiners’ (ACFE’s) 2022 Report to the Nations, fraud losses rise precipitously. The median loss for a scheme involving just one perpetrator is $57,000, but when two or more perpetrators are involved, the median loss skyrockets to $145,000.

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IRS expands crypto question on draft version of 1040

Accounting Today

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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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A Candid Talk with Ford CEO Jim Farley on Ford’s EV Future

RogerRossmeisl

As posted to the Munro Live YouTube Channel on 8/1/2022 (Run Time 49 min, 46 sec) Ford CEO Jim Farley, Linda Zhang (F-150 Chief Nameplate Engineer), and Doug Field (Chief Officer of EVs and Digital Systems) deliver Munro & Associates a Ford F-150 Lightning and sit down for a down-to-earth interview with Sandy Munro to discuss, among other things, urgent changes necessary to avoid a financial calamity in the transition to EVs.

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What's new in July for state sales and use taxes

TaxConnex

There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent changes and updates. Holiday hucksterism? State sales tax holidays fail to live up to the hype. That’s the consensus of a recent report from the Institute on Taxation and Economic Policy, which notes that “so far this year 20 states have decided to forgo a combined $1 billion in vital tax revenue?

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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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Where TF Is the IRS Supposed to Find 87,000 Agents?

Going Concern

While various factions bicker over the Inflation Reduction Act, we have one question: where is the IRS supposed to find 87,000 agents!? In case you haven’t heard or seen your aunt sharing Impact font memes about it, Senate Democrats want to throw some cash at the IRS (among other things not getting into here): The cash injection is expected to provide for a massive hiring surge at IRS, which has seen its staffing levels drop precipitously since 2010.

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AICPA demands IRS pick up the phone faster for tax pros

Accounting Today

Tax 116
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Valuators Know How to Evaluate Compensation Levels

RogerRossmeisl

Reasonable (or replacement) owners’ compensation can be a hot button during IRS audits, divorces, shareholder disputes and other litigation matters involving the value of a private business. What’s appropriate depends on the facts and circumstances. Applying federal tax guidance The IRS is on the lookout for C corporations that pay employee/shareholders excessive salaries in place of dividends.

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'I want my old Gmail back!' Okay, Here's How.

Intuitive Accountant

So, you want to go back to those old Gmail days? You can roll back to the Gmail you loved in just a few clicks.

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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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How Do You Know When It’s Time to GTFO of Big 4? One Manager’s Opinion

Going Concern

Came across this on r/big4 this morning, let’s remember half of what you see on Reddit is just someone’s creative writing exercise and people who claim to make $200k/yr are often 14-year-old larpers but hey what kind of weirdo would pretend to be a Big 4 manager on the internet. Read on. I don’t think that this is talked about enough, and as a manager, I wanted to give my two cents on what I wish I was told back when starting my career.

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Limited liability companies should consider C corporation tax elections

Accounting Today

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QuickBooks Desktop Price Increase with 2023 Scheduled Release

Insightful Accountant

QuickBooks Desktop Pricing will increase with the scheduled release of the 2023 products.

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QBO Monday Minute: New QuickBooks Online Navigation View

Intuitive Accountant

With a QBO new menu set to roll out, Liz Scott takes a look at a couple of the features and how they will help benefit you in the long run.

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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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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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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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State sales tax rates hit historic high

Accounting Today

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Intuit Announces New Desktop Payroll Changes

Intuitive Accountant

The global technology platform also has announced changes to QuickBooks Desktop Payroll Subscriptions and Pricing for 2023.

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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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ICYMI: There Was an Excel All-Star Battle on ESPN

Going Concern

3 Excel tasks, 1 winner. All-star Excel esports battle! Excel esports on ESPN show world the pain of format errors [ Ars Technica ]. The post ICYMI: There Was an Excel All-Star Battle on ESPN appeared first on Going Concern.

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Four tips to help you ace your Xero Award nomination

Xero

The Xero Australia Awards are back for another year! That’s right, this is a chance to showcase your achievements, benchmark your business against the industry, and be in the running to win an exclusive awards experience. . Like last year, we have 13 major categories. These are designed to recognise the diversity (and talent) of our business community.

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Burnout is not a badge of honor

Accounting Today

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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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Automation, Evolved: Your New Playbook for Smarter Knowledge Work

Speaker: Frank Taliano

Documents are the backbone of enterprise operations, but they are also a common source of inefficiency. From buried insights to manual handoffs, document-based workflows can quietly stall decision-making and drain resources. For large, complex organizations, legacy systems and siloed processes create friction that AI is uniquely positioned to resolve.

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Everyone Knows 11-Year-Olds Can’t Wait to Work at Deloitte

Going Concern

Why do people post this crap on LinkedIn. via r/accounting. Thanks for doing your part to feed the pipeline, ma’am. The post Everyone Knows 11-Year-Olds Can’t Wait to Work at Deloitte appeared first on Going Concern.

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Keeping Mentally Sharp

Intuitive Accountant

During the brutal busy season, accounting firms must support their staff more than ever.

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Offshoring: Not New… but Increasingly Mainstream

PANALITIX

RESOURCES / ARTICLES. Offshoring: Not New… but Increasingly Mainstream. We are helping lot of Accountants with outsourcing their work, especially to ‘offshore’ locations. This is not a new topic… but there is more momentum than ever before so let’s look at offshoring in more detail. Why consider offshoring in the first place? Here are our top 6 reasons: 1.

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Bookkeeping vs. Accounting: What’s the Difference Between Bookkeepers and Accountants?

Snyder

What does an accountant do? What are bookkeeper duties? These topics remain hot because there’s often a lot of confusion about it. As a small business owner, you have to do your best to allocate your resources wisely. Sometimes grasping the difference between bookkeeping and accounting can be tricky. Both bookkeepers and accountants work with your finances, both help make your tax reporting a smooth experience.

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Data Talks, CFOs Listen: Why Analytics Are Key To Better Spend Management

Speaker: Claire Grosjean, Global Finance & Operations Executive

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.