Trending Articles

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RSM acquires firms in Europe

Accounting Today

The RSM network made five strategic acquisitions in Europe, including specialist audit and consulting firms in Austria, Denmark and France, plus a prestigious law firm in Spain.

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Dynamics GP. stay or go? Tips from Summit NA Roadshow Chicago.

Fidesic blog

We had a blast at Summit Roadshow on Wed. If you missed our live recap yesterday we'll be sharing highlights form it here over the next couple of weeks, starting with Jim Bertler's session Dynamics GP.

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Maximizing Cash Flow During the Summer Slowdown

Accounting Department

Summer can be a challenging time for many businesses, with sales often dipping as customers take vacations and routines shift. But a slowdown doesn't have to mean a cash flow crisis.

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Xero partners: Refer your clients to the Xero Beautiful Business Fund and get rewarded

Xero

On 9 July, we announced that the Xero Beautiful Business Fund is back for 2024. Just as we did last year, we’re giving away more than NZ$750,000 to eligible Xero small business customers across Australia, Canada (excluding Quebec), New Zealand, Singapore, South Africa, the UK, and the US. We want to recognise the role of our accounting and bookkeeping partners in driving small business success and we’d love your help to encourage your clients to enter the Xero Beautiful Business Fund.

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5 Steps to Shield Your Business: The Ultimate Guide to Avoiding Payment Fraud

As scams grow more sophisticated, it's crucial to stay proactive in defending against these threats. This guide equips CFOs, accountants, and business leaders with five essential steps—from fundamental safeguards to advanced security measures to strengthen your financial defenses. From enhancing data security to implementing fraud detection tools and safeguarding financial transactions, this guide provides expert advice that could save your company millions.

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Intuit Survey: Few Canadian high schoolers feel they have a solid understanding of personal finance terms

Intuit

Financial education has the power to improve the lives of thousands of Canadian high school students by giving them the skills they need to make informed decisions. However, new data from Intuit Canada shows a lot more work needs to be done to prepare them for life after high school. The results of Intuit Canada’s latest survey on financial education are in, and they reveal some concerning data points about how Canada’s high schoolers feel about money: 73% of Canadian high schoolers wish they un

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IRS crypto enforcement could get tougher

Accounting Today

The Internal Revenue Service could be doing a better job of cracking down on tax noncompliance by users of virtual currency or digital assets, according to a new report.

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The app stack every Aussie small business owner needs in FY25

Xero

The tax-time crunch is wrapping up, meaning the new financial year is here. And whether you’re looking to avoid the same end- of-financial-year stress next year, or streamline your operations – every small business can benefit from starting the new financial year with the right apps in their app stack. What’s an app stack? An app stack is another name for the set of apps that you use to run your business.

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Keeping Dynamics GP Fresh

Fidesic blog

Seldom used features in Dynamics GP! Keeping GP fresh with tricks you might not know.

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How to Use QuickBooks Enterprise for Order Management

Ace Cloud Hosting

One of a business’s most frequently overlooked elements is its order management. Companies must coordinate the entire process, from when customers place orders until they receive their product or service.

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IRS updates RMD guidance

Accounting Today

The Treasury Department and the Internal Revenue Service issued final regulations Thursday to update the rules for required minimum distributions.

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How to Navigate Revenue and Expense Management: Competitive Insights for Financial Success

Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!

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CMiC issues new Construction Industry Survey

Insightful Accountant

If you are a ProAdvisor, Consultant, or Accountant wanting to support construction businesses as they digitally transition, you won’t want to miss this survey, which will provide valuable insights into the industry.

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Top Remote Accounting Candidates for Hire | July 18, 2024

accountingfly

Top Remote Accounting Candidates This Week Looking for remote accountants? Accountingfly can help! With our ‘ Always-On Recruiting ‘ program, you can access highly skilled and experienced remote accounting candidates with no upfront cost. These are just a few of our top remote accounting candidates this week. Sign up now to receive the full list of top accounting candidates available weekly!

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Pro forma financial statements definition

Accounting Tools

What are Pro Forma Financial Statements? Pro forma financial statements are financial reports issued by an entity, using assumptions or hypothetical conditions about events that may have occurred in the past or which may occur in the future. These statements are used to present a view of corporate results to outsiders, perhaps as part of an investment or lending proposal.

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Lacerte Remote Access Benefits for Tax Firms and Professionals

Ace Cloud Hosting

Lacerte is one of the most popular and reputable tax preparation and filing software for small—to medium-sized businesses. It offers robust features that allow tax professionals to reduce manual work.

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How To Streamline Finance Operations Through Automation

Speaker: Claire Grosjean

In today’s fast-paced business environment, finance professionals are under increasing pressure to optimize operations and drive strategic value. As a result, automation has become a core part of business strategy, offering unprecedented opportunities to streamline operations and drive efficiency. Join esteemed global finance and operations executive, Claire Grosjean, for a comprehensive guide on how to harness automation’s power through strategic collaboration with functional leaders.

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AI in accounting: Who are the humans in the loop?

Accounting Today

Accounting firms and vendors alike have stressed the importance of having a "human in the loop" to oversee AI. Just who are these humans and what do they do?

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TJCA May Bring Wave of C Corp Conversions

Insightful Accountant

The potential expiration of key provisions of the Tax Cuts and Jobs Act (TCJA) at the end of 2025 is a critical issue that requires careful attention and proactive planning, and Section 199A is no exception.

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Unlocking the Power of Retention Marketing in SaaS Business

Enterprise Recovery

Retention marketing is the practice of implementing strategies and techniques to keep existing clients engaged and loyal to your business. While acquiring new customers is important, retaining existing ones is more valuable for the long-term success of your business. By focusing on client retention, you can build strong relationships, increase customer satisfaction, and ultimately drive revenue growth.

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Traceable costs definition

Accounting Tools

What are Traceable Costs? A traceable cost is a cost for which there is a direct, cause-and-effect relationship with a process, product, customer , geographical area, or other cost object. If the cost object goes away, then the traceable cost associated with it should also disappear. A traceable cost is important, because it is an expense that you can reliably assign to a cost object when constructing an income statement showing the financial results of that cost object.

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How to Avoid Getting Ghosted: Top 3 Secrets to Staying Relevant with Gen Z

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant or getting "ghosted" if they fail to meet the evolving needs of Gen Z consumers. In this new webinar, Brian Muse-McKenney of Episode Six and Matt Simester of Payments Consultancy Limited will reveal key considerations banks should factor into their efforts to develop target products for the next generation of bank customers.

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7 Accounting Firm Acquisitions in Nine Years w/ Cory Gayman, CPA

Jetpack Workflow

Podcast Summary On this episode of Growing Your Firm, host David Cristello welcomes Cory Gayman, CPA , the CEO/CFO/Founder of JCG Tax & Advisory Firm. Cory shares insights on establishing common ground with entrepreneurs, addressing the accounting talent shortage, improving accounting efficiencies, and navigating the world of virtual firms. Tune in for valuable tips from a firm owner in the trenches.

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IRS debunks nonexistent Self Employment Tax Credit social media claims

Accounting Today

The IRS warned about bad advice that's being peddled on social media promoting a bogus "Self Employment Tax Credit" and prompting unsuspecting taxpayers to file false claims for the credit.

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A Complete Guide on AWS EKS Cost Monitoring & Best Practices

Economize

By monitoring what you’re spending, you can make sure you’re using your resources wisely. This clear view into your costs helps you spot any resources that aren’t fully utilized, ensuring you’re not overpaying for what you don’t really need. Hence, AWS EKS cost monitoring plays a key part in managing your Kubernetes clusters.

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What Is A Phantom Tax & How Does It Work?

Invoicera

Introduction There is an idea that many people and companies never anticipate within the taxation context – phantom tax. This uncommon term refers to gross income reported for taxation purposes but not followed by an actual cash flow. In other words, income is recorded on the books but does not yet exist in cash. This situation is often associated with scenarios like stock options, forgiven debts, or income from partnerships in which income is reported before it has been received, which might

Tax 52
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Navigating the Automation Landscape: Selecting Tools That Fit Your Business

Speaker: Gary Dmitriev

Our upcoming webinar aims to demystify the process of selecting and implementing automation tools for financial institutes. This session will provide your roadmap for vetting potential solutions, focusing on due diligence, vendor assessments, and aligning technology with strategic goals. We’ll also address the critical issue of innovation fatigue, offering tips on maintaining enthusiasm and momentum for new initiatives.

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Continuing professional education definition

Accounting Tools

What is Continuing Professional Education? Continuing professional education (CPE) is ongoing training that is required in order to remain certified as a professional in certain fields. The intent behind requiring this training is to force professionals to continue to update their knowledge of pertinent information that can improve their ability to serve their clients.

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Unlock the Power of Technology in Your Tax Practice: Join Our Exclusive Webinar

Insightful Accountant

Are you ready to revolutionize your tax practice? Don't miss our upcoming webinar, "Building a Tech-Driven Tax Practice” the first in an exciting series designed to help small and medium-sized tax firms thrive in the digital age.

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How real-time accounting drives a healthier financial future

Accounting Today

Accounting is an industry wedded to traditional techniques, so leveraging new technology will require a cultural shift within the organization.

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AWS Storage Gateway Pricing: A Detailed Overview

Economize

What is an AWS storage gateway? AWS Storage Gateway is an important cloud service that bridges the gap between your on-premise environments and AWS cloud storage. As the demand for scalable, secure, and reliable storage solutions grows, businesses are increasingly adopting cloud technologies to meet these needs.

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Secure SaaS Success: Embedded Finance as a Competitive Advantage

Speaker: Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms

Join us for an exclusive webinar hosted by Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms, where he’ll explore the significant impact of embedded finance on the software industry! This session is designed to provide you with the strategic insights needed to navigate the future of SaaS successfully, all while gaining a deeper understanding of how these trends can enhance your competitive edge, boost revenue, and deepen customer loyalty.

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The Augusta Rule: What is it and how can it help me improve my tax-saving strategies?

Reconciled Solutions

Learn more about the Augusta Rule, a legal way to increase tax deductible business expenses and personal income without paying more in taxes. The post The Augusta Rule: What is it and how can it help me improve my tax-saving strategies? appeared first on Reconciled Solutions.

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Investment property definition

Accounting Tools

What is Investment Property? Investment property is property that an entity holds to earn rental income and/or capital appreciation. It generates cash flows mostly independently of other assets held by an entity. It is not property that an entity uses to supply goods or services, nor is it used for administrative purposes. Examples of Investment Property There are many examples of investment property, including the following: Farmland Forest land Commercial properties held for rent or appreciati

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4 Steps to More Partnerships

Future Firm

Leveraging partnerships can grow your business fast if done right. Follow these steps to improve your chances of landing more partnerships. The post 4 Steps to More Partnerships appeared first on Future Firm.

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Internal auditing to undergo major transformation, says IIA

Accounting Today

The role of the internal auditor is expected to change drastically in the decade to come, according to a new report by the Institute of Internal Auditors.

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How to Easily Navigate Crypto Accounting in the Web3 Era

Speaker: Aaron Jacob, VP of Accounting Solutions & Reagan Cook, GTM Lead

Are you struggling to navigate the complexities and challenges that come with crypto accounting? 🤔 This new webinar will cover everything businesses need to know to get started with crypto accounting after incorporating crypto into their business models! Industry experts Aaron Jacob and Reagan Cook of TaxBit will thoroughly explore the prevalent operational hurdles encountered by accounting teams when interacting with crypto on the books, and detail how software solutions can effectively