Canopy Accounting
SEPTEMBER 7, 2022
You’ve got the employees, skills, and clients in place to run a great accounting practice. But even the best team fails to operate at its fullest potential if the right systems aren’t in place. Efficiency plays a crucial role in any successful business, and your practice is no exception. Take a look at these eight components of a well-managed accounting firm.
Going Concern
SEPTEMBER 7, 2022
We ’ve written about the Great Resignation ad nauseam over the past two years, but one topic we really haven ’t talked about is Great Resignation regrets, or the Great Regret. The grass hasn ’t been greener for many people who quit their jobs recently, like this senior associate: There ’s actually quite a few people in similar situations. The job-search portal Joblist surveyed 628 of the 47.4 million Americans who voluntarily quit their jobs last year, and of those 628 people, 26% say they regre
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Patriot Software
SEPTEMBER 8, 2022
If you’ve ever sent an invoice to someone who planned to pay later, you’re probably using accrual accounting. It can be hard to keep track of finances when you’ve accrued payables and liabilities. But, using the matching principle can help you stay organized. The matching principle in accounting states that you must report expenses in […] READ MORE.
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You wouldn’t keep using a 2009 flip phone - so why settle for outdated close processes?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.
ThomsonReuters
SEPTEMBER 9, 2022
We all know accountants have a certain reputation for being methodical, organized, risk-averse, and some might even say, boring. But for those accountants who’ve answered the call to provide advisory services and being that valued business partner their clients need, the accounting profession can be one exciting ride. How are today’s forward-looking accountants are breaking down stereotypes and building successful careers?
Withum
SEPTEMBER 6, 2022
As technology and emerging growth companies experience success, they find themselves in a position where their revenue is not the only thing growing. With the transition beyond the startup phase to the next growth phase, there is an inevitable increase in transactional volume and complexity. What used to be a process where an excel schedule took a few hours a month, is now or has been quickly becoming outdated.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
AccountingDepartment
SEPTEMBER 8, 2022
Operating a business comes with many demands. Whether you are a smaller start-up or an established medium-sized business, many sides of the business need to be successfully addressed. Things like bill payments, employee management, and long-term growth are just some of these things that a business owner needs to have a handle on.
Canopy Accounting
SEPTEMBER 6, 2022
The key to success in any business is building lasting relationships with clients. But what happens when managing clients takes up a lot of your time and energy? The best way to nurture and grow your relationships with each client when you are strapped for time—especially during tax season—is to practice both efficient and effective client management.
TaxConnex
SEPTEMBER 8, 2022
Businesses who sell over the internet must pay a lot of attention to far-flung economic tax thresholds – all states with a state wide sales tax and more than a few localities enforce them now – so it’s easy to overlook a more-obvious tripwire like physical presence. The Sales Tax Institute claims that one of the biggest misconceptions in the wake of the Supreme Court’s Wayfair decision is tax-collection requirements triggered by physical nexus (aka “physical presence”) no longer apply.
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.
VetCPA
SEPTEMBER 8, 2022
Small businesses make accounting errors and oversights regularly. Here, we cover five of the most common small business accounting mistakes. Read on to see if you’re making any of these mistakes and how to avoid them in the future. 1. You don’t take bookkeeping as seriously as you should. Recording everything is an excellent rule to follow for bookkeeping and accounting for a small business.
BurklandAssociates
SEPTEMBER 6, 2022
Healthcare startups need a CFO who understands the industry, knows the regulatory landscape, and can open doors with healthcare-focused capital sources. The post What to Look for in a Fractional CFO for a Healthcare Startup appeared first on Burkland.
Withum
SEPTEMBER 8, 2022
Audited financial statements are a cornerstone of the financial markets. They are used to assist in raising money or obtaining loans. Without some form of independent assurance, capital acquisition would be delayed, made more cumbersome, and there would be added due diligence costs. Tonight I will conduct my second Auditing class session of this semester at Fairleigh Dickinson University, and I will be teaching what the auditor’s opinion means and what auditors do to arrive at their opinion.
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
SEPTEMBER 8, 2022
If you thought the AICPA’s only job is gatekeeping the CPA exam and selling you insurance offers you are WRONG. They also write strongly-worded letters, sometimes on behalf of our nation’s CPAs or, as in the case of this latest letter, on behalf of American taxpayers. Let’s see what they’ve been up to. From the news release : The American Institute of CPAs (AICPA) submitted comments to the Department of the Treasury and the Internal Revenue Service (IRS) requesting update
Intuitive Accountant
SEPTEMBER 6, 2022
September 6, 2022 is the day Intuit's QuickBooks Accountant Leader Ted Callahan announced the release of the QuickBooks Desktop 2023 line-up to ProAdvisors and Accountants. Murph provides a summary of what's new.
Withum
SEPTEMBER 7, 2022
The IRS Form 5500 filing due date is fast approaching – are you prepared and in compliance? Listen in as Donna Nevolo , Partner and Employee Benefit Plan Services Market Leader, and Israel Tannenbaum , Partner and Form 5500 Filing Lead, review the 5500 filing and deep dive into the changes that plan administrators and employers should be mindful of.
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
Xero
SEPTEMBER 8, 2022
When it comes to understanding practical opportunities for up and coming decentralised technologies like blockchain, cryptocurrencies and smart contracts – there’s a lot to take in. Add in the potential challenges that businesses might have incorporating these offerings in the future, it’s no surprise that there are more questions than answers among our community.
Intuitive Accountant
SEPTEMBER 7, 2022
First in our QuickBooks Desktop 2023 feature dive is Cash Flow Hub—your one-stop location to explore, manage and track your cash flow at a glance.
Withum
SEPTEMBER 9, 2022
Withum, a Great Place to Work Certified firm, is excited to share that it was named on Fortune ’ s Best Workplaces in Consulting & Professional Services list for 2022. Withum is #23 on Great Place to Work’s Best Workplaces in Consulting and Professional Services list. The announcement follows the Best Workplaces in New York list , on which Withum ranked in the #12 spot.
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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
Xero
SEPTEMBER 8, 2022
Part of Xero’s approach to sustainability includes helping our partners, customers and other small businesses on their sustainability journey, by providing education and resources about how to operate in socially and environmentally responsible ways. We’ve heard from small businesses that they want to operate more sustainably, but many don’t know where to start.
Going Concern
SEPTEMBER 6, 2022
via r/linkedinlunatics. That polar bear’s name? Albert Einstein. Related articles: We Get It Lady, You Work For Deloitte. What’s Up With Deloitters and the LinkedIn Cult Mentality? Everyone Knows 11-Year-Olds Can’t Wait to Work at Deloitte. The post Deloitte is Out Here Being Cringey on LinkedIn Again appeared first on Going Concern.
Reckon
SEPTEMBER 9, 2022
Clint Jensen, co-owner of start-up 3D printing footwear business ‘3D Able’, talks to us about his new business venture and what it took for him and his business partner, Richard Nizielski to get their idea off the ground. Both Clint and Richard are former professional speed skaters with backgrounds in sports shoe design and manufacturing. In fact, they even made the skates that Stephen Bradbury wore in his infamous Olympic gold medal run.
Advertiser: Paycor
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Xero
SEPTEMBER 7, 2022
Any way you slice it, the past two years have tested us all. None more so than you all — our valued accounting and bookkeeping partners — who have helped your clients navigate a digital acceleration and shift their business models to survive (and thrive). . Today at Xerocon Sydney , we were able to celebrate what we can achieve when we work together to support small businesses across Australia and New Zealand.
Snyder
SEPTEMBER 9, 2022
Shopify dropshipping is a popular e-commerce business model that allows anyone to sell physical products without having to own any stock. It’s ideal for entrepreneurs who are looking to start a Shopify store with limited capital, want to test a product before investing in it, or for those who don’t have the space or know how to run a physical store.
Patriot Software
SEPTEMBER 9, 2022
As an employer, you are responsible for withholding various taxes from employees’ wages. After you subtract all of the taxes and other deductions, money left over is considered take-home pay. Read on to learn more about what is take-home pay and how to calculate it. What is take home pay? Take-home pay consists of the […] READ MORE.
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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