Insightful Accountant
APRIL 30, 2025
The accounting profession is experiencing a profound transformation. Rearview mirror accounting is giving way to forward-looking advisory services, driven by client demand, regulatory complexity, and technological advancement.
Canopy Accounting
APRIL 30, 2025
In this episode of Canopy Practice Success, guest Will Hill shares insights from his 25-year journey, helping accounting firms grow and optimize their processes. Will, who runs his own consulting practice, discusses the nuances of balancing people and processes in firm operations. The episode emphasizes the importance of integrating advisory services into the accounting practice.
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Accounting Insight
APRIL 29, 2025
In the current business environment, organisations face numerous challenges that require innovative and flexible solutions. Leveraging external expertise has become a winning strategy for thriving in the long run. The recent UK Spring Statement underscored the importance of addressing resilience and adaptability, detailing strategies to assist businesses in navigating market fluctuations effectively.
ThomsonReuters
APRIL 28, 2025
Jump to The power of AI in tax preparation How AI contributes to long-term sustainability in accounting Getting started with AI Are you ready to get AI in action for your tax and accounting firm? Imagine your accounting firm functioning like a well-oiled machine. From data collection to client communication, every task operates in perfect harmony. No more bottlenecks, repetition, or disjointed systemsjust seamless processes and satisfied clients.
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You wouldn’t keep using a 2009 flip phone - so why settle for outdated close processes? It’s time for an upgrade. SkyStem's Guide to Month-End Close Software walks you through what today’s best tools can do (and what your team shouldn’t have to deal with anymore). Get smart, fast, and a whole lot less stressed when it’s time to close the books.
Canopy Accounting
APRIL 29, 2025
In the final part of this four-part series, accounting technologist Liz Scott explores how to use Canopy Insights to unlock firm-wide visibility and smarter decision-making. Youll learn how to identify team capacity, monitor task progress, analyze service profitability, and create custom reports that drive growth. From dashboards to AI-generated answers, this session helps you turn data into a strategic advantage.
Canopy Accounting
APRIL 29, 2025
How do you turn your firms services into scalable systems? In part three of this four-part series, accounting technologist Liz Scott walks through how to package your offerings into client engagement templates using Canopy. Youll learn how to define your services, bundle them into clear engagement terms, automate recurring tasks, and simplify delivery with built-in communication and billing tools.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
Going Concern
APRIL 29, 2025
Get a load of this article Reuters published today: A short excerpt: U.S. accounting firms including RSM US, Moss Adams, Bain Capital-backed Sikich and Apax Partners-backed CohnReznick are expanding their operations in India to tackle an acute shortage of accountants at home. “This could be the breakthrough moment for public accounting firms in India,” Balaji Iyer, managing partner at Moss Adams India, told Reuters. “Right now, the U.S. is facing a significant and growing short
Shay CPA
APRIL 30, 2025
Keeping investors satisfied is a big, important undertaking for any company thats funded by outside sources. If your organization is backed by venture capital (VC) equity, that probably means having regular board meetings with key VC stakeholders. That can be a daunting proposition, but it also presents an opportunity. At the board meeting, youll have experts gathered in the room ready to guide your business.
Accounting Insight
APRIL 28, 2025
A specialist services provider couldnt keep up with client demands for accountancy it turned to Advancetrack to boost its offering. Describe your business to us Were a popular professional services provider to SME businesses. Our experts in the field provide niche support, and this offering expands into other areas as our relationship with a client develops.
Xero
APRIL 28, 2025
Delivering powerful, integrated tools for our accounting and bookkeeping partners to help their small business clients is a key focus for us at Xero. We understand the pressures you face the need for efficiency, accuracy, and seamless workflows is critical. We also know how important a reliable workpapers solution is to those workflows – having a comprehensive and efficient solution in one platform can make a huge difference to streamlining your compliance processes.
Speaker: Gerald Ratigan
The accounts payable (AP) function is evolving and AI is leading the charge. As finance teams face rising invoice volumes and expectations for speed and accuracy, AI-powered automation has shifted from a futuristic concept to the most practical solution. But for finance leaders, success isn’t just about selecting the right tools, it’s about implementing the right strategy.
Withum
APRIL 30, 2025
One of the perks of presenting a graduation speech is the honorary degree you receive. I have an honorary degree, AEP (Distinguished), which I received when I was inducted into the Estate Planning Hall of Fame. It was a great honor receiving it, but I tend not to use it because I did not do anything to earn it. I earned it because of my experience during my entire career, so maybe I earned it, but I still prefer not using it.
Shay CPA
APRIL 28, 2025
For startups in New York City, offering a 401(k) or other retirement savings plan is not only a smart move for attracting and retaining talentit may also be required by law. New York City (and New York State) have enacted regulations that mandate eligible private-sector employers to provide a retirement plan option if certain conditions are met. If you’re a startup founder or small business owner with fewer than 10 employees, you might be wondering: Do these rules apply to me?
Accounting Insight
APRIL 28, 2025
Recapping the message from The VAT Teams speaker slot at Accountex last year, Rebecca Porter summarises how you proactively manage and advise your clients VAT. For accountants, VAT compliance work presents both challenges and opportunities. Take the common start up and small business question When should I register for VAT? Whilst an email that starts with You must register when your turnover breaches the VAT registration threshold isnt wrong, if you dont factor in things like VAT being incurre
RogerRossmeisl
APRIL 27, 2025
Suppose your adult child or friend needs to borrow money. Maybe its to buy a first home or address a cash flow problem. You may want to help by making a personal loan. Thats a nice thought, but there are tax implications that you should understand and take into account. Get it in writing You want to be able to prove that you intended for the transaction to be a loan rather than an outright gift.
Speaker: Sean Yoder
Nonprofits are under more pressure than ever to demonstrate financial accountability while continuing to expand their impact. Traditional budgeting models often fall short, reinforcing silos, limiting flexibility, and stalling growth. Enter collaborative budgeting: a dynamic, team-driven process that enables smarter resource allocation and builds financial resilience at scale.
Going Concern
MAY 2, 2025
It is known that the Public Company Accounting Oversight Board has been at risk of getting DOGE’d under the Trump administration, starting with the nomination of known PCAOB-hater Paul Atkins to serve as chair of the SEC. Wrote WSJ in late 2024 : Atkins, while an SEC commissioner, criticized the PCAOBs budget, saying salaries paid to board members were disproportionately high.
VJM Global
APRIL 29, 2025
The Goods and Services Tax Appellate Tribunal (GSTAT) is a specialized body set up under the Central Goods and Services Tax (CGST) Act, 2017, to handle appeals and disputes related to Goods and Services Tax laws in India. After a long wait, the Government has finally clarified the procedure and structure of the GST Litigation process on 24th April, 2025.
Accounting Insight
MAY 2, 2025
Switching finance software is a complex, time-consuming process. Too often, its put off until frustrations with outdated or unreliable systems become too much to ignore. To understand whats really driving finance leaders to make a move – and whats holding them back – we surveyed 125 CFOs and senior finance professionals across the UK and Ireland.
CPA Practice
MAY 2, 2025
The $10,000 cap on SALT, one of the most contentious issues in theGOPdebate on its giant tax bill, remained unresolved as lawmakers leftWashingtonon Thursday.
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
Going Concern
MAY 1, 2025
This is Fantastic if you aren’t familiar with New Vegas lore. Several years back, the AICPA seemingly out of nowhere announced it had detected a huge threat to CPA licensure and started warning its members of a vague movement to do away with licenses completely that could somehow affect accountants. In the same breath, the AICPA acknowledged that there weren’t actually any active threats against the CPA license , this was more of a just-in-case thing based on deregulation chatter hap
Withum
APRIL 28, 2025
Artificial Intelligence (AI) continues to evolve, becoming integral to business strategies and operations across various industries. Finance teams especially are seeing fast-paced changes, driven by the integration of AI with human insight. According to a Gartner study , researchers found that 39% of finance organizations are currently using AI/machine learning (ML), with an additional 29% planning to follow suit in the future.
Accounting Insight
MAY 2, 2025
Its no secret that accountants are stretched during tax return season. Theres hardly time to stay on top of each clients basic needs yet alone advising them on their tax affairs. This is now made possible through Intelligent Automation, giving accountants the ability to automate the personal tax return process; from collating documents, to submitting to HMRC.
CPA Practice
MAY 2, 2025
Nonfarm payrolls increased 177,000 last month after the prior two months advances were revised lower, according toBureau of Labor Statisticsdata out Friday. The unemployment rate was unchanged at 4.2%.
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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
Anders CPA
APRIL 29, 2025
Switching your 401(k) plan providers can be a complicated affair. Changing to a new recordkeeper, custodian or payroll provider can have a direct impact on your 401(k) plan audit , requiring thorough planning to keep both current and upcoming audits moving smoothly along. Careful documentation and clear communication with your 401(k) plan auditor can help your audit stay on track, but following the best practices below can prevent avoidable issues in the first place.
TaxConnex
MAY 1, 2025
E-commerce began and soon exploded as a spinoff from brick-and-mortar retail. Now the spinoff is large enough to generate its own spinoffs, one of which is quick commerce, or q-commerce. This pairing of e-commerce and brick-and-mortar retail, sometimes called on-demand delivery, means a mouse click and digital payment initiate delivery within an hour or two.
Accounting Insight
MAY 2, 2025
The accounting industry is facing a familiar, pressing issue: not enough hands on deck. From overburdened teams to missed growth opportunities, the shortage of skilled professionals is taking a tolland its showing no signs of slowing down. Whether its dwindling enrollment in accounting courses, increasing retirements, or the fast pace of technological change, firms everywhere are struggling to find the right talent at the right time.
Going Concern
APRIL 28, 2025
The big story over the weekend, and one I’ll probably be writing a biased editorial article on later because I unapologetically hold the opinion that the PCAOB is 99% tedious paper-pushing, comes from Financial Times : Republican lawmakers are planning to shut down the US audit regulator, which was founded in the wake of the Enron scandal more than two decades ago, as part of a reform package designed to deliver Donald Trumps deregulatory agenda.
Advertiser: Paycor
Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.
RogerRossmeisl
APRIL 26, 2025
Are you starting a business with partners and deciding on the right entity? An Scorporation might be the best choice for your new venture. One benefit of an Scorporation One major advantage of an Scorporation over a partnership is that shareholders arent personally liable for corporate debts. To ensure this protection, its crucial to: Adequately finance the corporation, Maintain the corporation as a separate entity, and Follow state-required formalities (for example, by filing articles of incorp
Menzies
MAY 1, 2025
Menzies LLP - A leading chartered accountancy firm. What is it and why should directors be concerned? Directors have a fiduciary duty to promote the success of the business for the benefit of its shareholders. However, when a company begins to head towards insolvency, the directors should redirect their focus towards protecting the creditors position from worsening further.
Accounting Insight
MAY 2, 2025
Inheritance Tax (IHT) can be tricky to understand, and many people wonder how much of their inheritance will be taxed. If youre concerned about how much of the money or property youll inherit will go to the government, youre not alone. In this guide, well explain how IHT works in the UK and how much you can inherit without paying tax. Some notable exemptions help reduce the amount you might owe.
ThomsonReuters
APRIL 29, 2025
Jump to What is the CREATE method? Breaking down your prompt using the CREATE method How the CREATE prompting method can help tax and accounting professionals Transform your firm with the CREATE prompting method As a tax and accounting professional, you’re no stranger to the importance of accurate and efficient research. With the rise of GenAI research assistants, you now have the power to streamline your workflow and unlock new levels of productivity.
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.
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