Sat.Oct 03, 2020 - Fri.Oct 09, 2020

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Does Your Dealership’s CPA Know the Auto Industry?

RogerRossmeisl

I’m happy to report that my second ad has now been published in 2020 Issue 3 of the California New Car Dealers Association quarterly magazine, “California New Car Dealer Quarterly” (Run time 2 min, 0 sec) Whether you’re a successful General Manager that now finds him or herself a newly minted Dealer Principal seeking an Automobile Dealership CPA Firm. or a seasoned automotive veteran looking to make a change to an Automotive CPA that understands your business. we need to talk.

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Common Accounting Mistakes: Government Edition - Issue #7 Accounting for Fixed Price vs Cost Contracts

SMBAccountant

For small businesses working to attain contracts through the Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) programs, the first phase of the project is typically a firm fixed price (FFP) contract. This type of contract requires justification for the overall price of the proposal, but once awarded no adjustments are made based on the price of performing the agreed upon work.

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Can IP Addresses Be Used to Assess Sales Tax?

TaxConnex

The short answer: maybe. What’s an IP address and how can it influence your company’s need to collect and remit sales tax to states? When your customers access your website and make purchases, the customer is often providing a billing and/or shipping address which can be used to determine where sales tax applies. In certain online transactions, these physical addresses may not be available.

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Oracle, SWIFT Add Fast Cross-Border Payments For SMBs

PYMNTS

Oracle Banking Payments announced Wednesday (Oct. 7) that it is supporting SWIFT ’s latest service to speed effortless global cross-border payments for small- and medium-sized business (SMBs) and consumer markets. “We see great potential for banks that are competing against FinTechs and alternate networks when it comes to cross-border payments,” Sonny Singh , Oracle Financial Services’ executive vice president and general manager, said in a statement.

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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 Impacts of COVID-19 on Startup Performance & Fundraising

BurklandAssociates

Burkland outsourced CFO Debbie Rosler looks at the COVID-19 impacts and responses across a sample group of 25 startup clients. When the COVID-19 shutdowns initially hit in February, there was Read More. The post The Impacts of COVID-19 on Startup Performance & Fundraising appeared first on Burkland.

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Common Accounting Mistakes: Government Edition - Issue #7 Accounting for Fixed Price vs Cost Contracts

SMBAccountant

For small businesses working to attain contracts through the Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) programs, the first phase of the project is typically a firm fixed price (FFP) contract. This type of contract requires justification for the overall price of the proposal, but once awarded no adjustments are made based on the price of performing the agreed upon work.

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Pandemic Has Consumers Embracing QR Codes And Contactless Payments

PYMNTS

While the global pandemic has taken a toll on almost every business, consumer demand for all things touchless is surging — and has even been a driver of growth for QR codes. Although the 20-year-old technology has long enjoyed strong adoption in Asia (especially China), 2020 could go down as the year that U.S. merchants and shoppers fully embrace those ubiquitous square squiggly merchant codes.

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5 Things You Need to Know about BIG DATA

LSLCPAs

Can you afford to ignore it? Introduction: What is Big Data? Big Data as “an accumulation of data that is too large and complex for processing by traditional database management tools.” Big Data can be anything from numbers to text to voice and video data to photographs. And there’s more […]. The post 5 Things You Need to Know about BIG DATA appeared first on LSL CPAs.

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Video: Doing Great Things Featuring Annie Martinez of Children’s Bureau, Inc.

Katz,Sapper&Miller

“Inspiring great people to do great things” is Katz, Sapper & Miller’s mission, and we’re honored to play a small part in helping clients across a wide variety of industries think big, bring their innovative ideas to life, and serve their communities and customers.

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Social Media Tips For Your Small Business

MazumaBusinessAccounting

Social Media Tips For Your Small Business. Social media has become a game-changer for small businesses. It has become the marketing platform that provides the best results for the lowest cost. Accounts are free and easy to maintain. In this article, we’ll explore five things you can do to get the most out of social media. Post Consistently. Consistency is key.

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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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GAO Warns Of Aviation Cybersecurity Risks In Report

PYMNTS

A government report found that airplanes have a number of digital technologies that might become susceptible to hackers and says American regulators have not put sufficient methods in place to contend with the risk, Bloomberg reported. Entertainment systems, wireless networks, technologies that send information back to earth without intervention and position broadcasts are some of the complex digital infrastructure on commercial airliners.

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Starting a Fraud Investigation (Course at CPA Crossings)

FraudFiles

Coming up on Thursday Oct. 15: Starting a Fraud Investigation course at CPA Crossings. This is a 2 hour online course. It is the second in a 4 part series on conducting fraud investigations, but don’t worry… the 4 courses can be taken individually and in any order. This session costs only $89 for 2 CPE credits. What is it about? We talk about the early stages of a fraud investigation with topics including: Assembling the fraud investigation team.

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October Is Employee Ownership Month

Katz,Sapper&Miller

In today’s business environment, companies across the country have had to identify new paths towards success and adapt to meet unexpected challenges and work situations. These entrepreneurial steps are not new to employee-owned companies, where high-levels of engagement, transparency, and idea sharing are common.

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Niche Market Strategy: How Software Can Help with Every Step

FusionCPA

Most marketers strive to cast a wide net. They want to reach as many customers as possible. However, if you are a marketer targeting a niche industry, your target market is relatively small. From a marketing standpoint, it might feel like targeting a niche market puts you at a disadvantage. However, there are several advantages to targeting a niche market.

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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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Visa’s Phalen: Collaborative Commerce Is B2B Payments' Next Act

PYMNTS

The late Harvard Professor Clay Christensen was and is famed for the “jobs to be done” theory of business innovation. In a nutshell: Companies (and even consumers) “hire” goods or services to get where they want to go, to make progress, to satisfy goals. Kevin Phalen , head of global business solutions at Visa , told Karen Webster that the consumerization and the digitization of the B2B space are enabling firms to get the job — moving money — done with efficiencies previously unknown.

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QuickBooks Cash – What is it?

SchoolofBookkeeping

Intuit recently announced a new option called QuickBooks Cash. What is that? I’d like some cash, yes, please!! Just what is this QuickBooks Cash? QuickBooks Cash is a combination of several things that allow business owners access to the one. Read More. The post QuickBooks Cash – What is it? appeared first on schoolofbookkeeping.com - Ignite Your Practice!

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SBA Explains What Approvals Are Needed for Transactions Involving PPP Loans

Katz,Sapper&Miller

Over the past several months, proper management of the Paycheck Protection Program (PPP) loan has become a critical issue during transactions. Sellers and buyers, eager to move their deals along, were left wondering whether the PPP loan should be repaid and what, if any, notifications or approvals were needed – either to the SBA, the lender, or both.

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How To Approach Bigger Business Players In Skagit County or Your Niche

SkagitCountyTaxServices

Local Skagit County business owner to local Skagit County business owner(though you might actually be out of the area — but this still applies), I want to remind you of something that you probably already know: With the election just one month away, the world is SWIMMING in conflict and negativity. And you need to be serious and proactive about protecting yourself from it.

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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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Mastercard: The Touchless And Caring Economies Are Boosting P2P Adoption

PYMNTS

Consumers seeking out low- to no-touch payments options amid public health concerns have combined with an uptick in charitable donations and tips to boost the comfort with peer-to-peer (P2P) payment platforms, Silvana Hernandez , senior vice president of digital payments at Mastercard , told PYMNTS. Hernandez added that while there was no way to predict or prepare for the pandemic, she’s pleased that the existing payments infrastructure was in place for consumers to leverage — particularly durin

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Optimizing Tech Spending – What to Do About the Trends in Technology

LSLCPAs

What Your Business Needs Now Accounting and finance departments and their management teams will need better decision-making tools to address their companies’ survival, no matter how big or small the company is. There’s so much cool technology to aid companies with their myriad of choices that it’s hard to know […]. The post Optimizing Tech Spending – What to Do About the Trends in Technology appeared first on LSL CPAs.

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What is a niche market? 4 niche market examples

FusionCPA

A niche market is a fraction of a broader market. The niche market is characterized by having a unique set of demands and preferences. When a business focuses on a niche market, it aims to cater to a small group of customers who have specific tastes as opposed to targeting a broad market. When a business focuses on niche markets , it can provide a product or service that mainstream providers are ignoring.

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R&D Tax Credits for Software Development Advancements in 2020 & Beyond

KROST

This is a preview of one of the articles in the new KROST Quarterly Technology Issue , titled “R&D Tax Credits for Software Development Advancements in 2020 & Beyond” by Guest Contributors Tetyana Guguchkina and Tiffany Solymon. Throughout the years, software has found itself in every facet of our lives, from smartphones to smart televisions; even homes nowadays are labeled “smart.

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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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Robinhood Reports Potential Hacking Incident

PYMNTS

Online brokerage Robinhood , which offers a suite of tools aimed at making investing easy and comparatively cheap for the uninitiated, said on Friday (Oct. 9) that hackers may have gained information about customers' personal email accounts, Reuters reported. The wire service said a Robinhood statement indicated that the company’s internal systems were not compromised and that they are “actively working with those impacted to secure their accounts.”.

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Friday Thoughts

RitaKeller

“I love to be alone. I never found the companion that was so companionable as solitude.” – Henry David Thoreau. If you are a follower of this blog, you probably know by now that I am an avid reader. One of the few good things about 2020 is that it has provided me with more time to read. This morning I read this passage in a novel: By temperament, he was a loner, if only because, although never wholly content in the solitary state, he was almost invariably even more miserable in

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How to Write off Accounts Receivable in QuickBooks Desktop and Online

SchoolofBookkeeping

When you go into business, and send your first invoice there is no better feeling than the day you receive your first payment! You race to the bank and deposit it. Each day you continue to invoice, collect, and run. Read More. The post How to Write off Accounts Receivable in QuickBooks Desktop and Online appeared first on schoolofbookkeeping.com - Ignite Your Practice!

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9 Action Steps to Take to Create a Website That Converts

CTP

Have you ever wished you had the key to converting more of your leads into paying clients? We’ve got good news for you. Today we’re going to identify 9 action steps to take to create a website that converts. Step 1 – Determine what “conversion” means to you Before you can build a website that converts, […]. The post 9 Action Steps to Take to Create a Website That Converts appeared first on certifiedtaxcoach. 9 Action Steps to Take to Create a Website That Converts was first posted on

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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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Moving The Business Payments Focus From Price To Process

PYMNTS

In the wake of the pandemic, B2B payments have had to evolve. But in an interview with PYMNTS, Mary Beth Joiner , senior vice president of relationship management at Comdata Corporate Payments, said that there have still been pockets of resistance in making the great digital pivot. While, pre-pandemic, corporate executives had been focused on price — the costs involved in shifting to digital payments — now they are more focused on two other “Ps,” which would be process and pain, which create cos

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An Important Conference – Digital CPA

RitaKeller

“Success is a lousy teacher. It seduces smart people into thinking they can’t lose.” – Bill Gates. Another important conference for CPAs, Digital CPA, will be virtual this year. Here’s some current information from the AICPA. The AICPA and CPA.com have added another keynote speaker – former CNBC chief economist Marci Rossell — to the lineup of this year’s Digital CPA , which takes place Dec. 8.

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Donation Update on Jean’s 86 My Hair for Restaurants Care Fundraiser

KROST

In May, our Business Management Principal, Jean Hagan joined Restaurants Care in their 86 My Hair campaign to raise money for restaurant workers impacted by the pandemic. Jean pledged to shave her head if we reached a goal of $25,000 in donations. We have raised $15,465 so far and hope to reach our goal soon. The generous donations Restaurant Care has received have contributed to grants for nearly 1,100 restaurant workers and their families who have been affected by the COVID-19 pandemic.

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Hackers Hit Mobile Money Payments Processor In Uganda

PYMNTS

Ugandan police are investigating the hacking of a third-party processor of phone-based transactions, Bloomberg reported, that affected MTN Group and Standard Bank Group 's local units. Charles Twine, spokesman for the Criminal Investigation Department, said the hackers had gotten into the mobile money systems and stolen funds, according to Bloomberg.

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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.