article thumbnail

In the blogs: Here to stay

Accounting Today

How any "new Internal Revenue Code must acknowledge and confirm that the one and only purpose of the federal income tax system is to raise the money necessary to fund the government." When updating partner compensation systems at accounting firms, how to make real change. What about that lack of buy-in from reluctant partners?

article thumbnail

What growing nonprofits need from a bookkeeping software & financial tools

Accounting Seed

Previously, their accounting systems were completely outsourced, taking 60 days (sometimes more) to see a financial statement. As a nonprofit with heavy reliance on government funding, not being able to see, in real-time, if they were under or over budget was a critical component for being financially resourceful and secure.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Complete Guide to Understanding the Salesforce Database Architecture with Accounting Seed

Accounting Seed

Keeping your data clean, consistent, and governed takes discipline. Customizing the database to fit your unique needs can feel overwhelming, especially for first-time users or teams without in-house developers. That’s where trusted implementation partners make all the difference. Siloed systems become a thing of the past.

article thumbnail

Attention, Soon-to-be-Accountants: Governments Need You

CPA Practice

By Girard Miller, Governing (TNS) S&P Global Ratings recently withdrew its credit ratings on 64 local governments after they failed to file financial updates on time because of staff shortages and delayed audits. So what’s changed in the supply chain for governmental accountants?

article thumbnail

The Federal Data Transparency Act and Your Local Government Agency

LSLCPAs

It is another step in digitizing data coming on top of the Federal Funding Accountability and Transparency Act (FFATA) of 2006, the Data. The post The Federal Data Transparency Act and Your Local Government Agency appeared first on LSL CPAs.

article thumbnail

Top Pension Funds Saw Largest Fall in Assets in 20 Years

CPA Practice

In 2022, sovereign and public sector pension funds accounted for 152 funds in the top 300, representing 70.9% Sovereign pension funds accounted for $6.2 trillion in assets, while sovereign wealth funds totaled $11.6 Sovereign wealth funds’ assets grew by 13.9% The top 20 funds accounted for 41.5%

article thumbnail

NetSuite for Government Helps State and Local Agencies Move to the Cloud for Better Efficiency

CPA Practice

Oracle has launched Oracle NetSuite for Government , a new suite of cloud solutions specifically designed for the needs of small-to-midsize state and local government agencies. Human Resource Management: Simplifies complex government workforce management processes by providing asingle suite to manage HR, payroll, and financials.