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AICPA looks to ease accountant shortage in public sector

Accounting Today

The American Institute of CPAs teamed up with the National Association of State Auditors, Comptrollers and Treasurers on a joint report calling attention to the urgent need for accountants in state and local governments.

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How the Together Project is spreading joy across generations

Xero

“The UK doesn’t really have the practice of living in multigenerational homes that other cultures do. We are one of the most age-segregated countries in the world; as we grow older, we tend to move away from family, forming bubbles of people who are the same age, who think like us and talk like us. That can lead to issues like loneliness, ageism and social isolation,” said Louise Goulden, founder of The Together Project.

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Intuit cuts TurboTax ad after tax pros object

Accounting Today

The National Association of Tax Professionals criticized an ad promoting Intuit's TurboTax full-service option, saying it encouraged taxpayers to leave their professional preparers.

Tax 314
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Starting on the Right Foot: Utilizing CFO Support Services in 2025

Accounting Department

Imagine having access to top-tier financial expertise without the full-time cost. That's precisely what CFO Support Services offers. In today's fast-evolving business landscape, financial acumen is not just a luxury but a necessity for growth and sustainability. Entrepreneurs and small-to-medium business (SMB) owners often juggle multiple roles, and strategic financial management is frequently overlooked.

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Confronting the Change Challenge

Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.

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Cost-Aware Product Decisions

FinOps Foundation

Key Insight: FinOps is continuing to shift from managing cost as an operational afterthought to a key consideration in the product design process. Data-driven business conversations about what to build, which features to include, and where to build it are now happening before engineers are handed requirements to start developing. FinOps teams can estimate, monitor, and optimize the unit cost of a product or service from inception to help drive cost-aware product decisions before architecture beg

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Celebrating Atlanta Pride with Intuit Mailchimp

Intuit

This year, Intuit Mailchimp employees took to the streets to affirm that “We see you.” I’m Sam Vaughn, a senior program manager at Intuit Mailchimp. I work on employee programs and events, producing activations for Mailchimp and our Atlanta HQ. Most of our employee events happen onsite, so the Atlanta Pride Parade is especially exciting being able to bring the Intuit culture to the community.

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Navigating the Maze of Nonprofit Accounting Hurdles

Accounting Department

Navigating the complex world of non-profit accounting can feel like a daunting task for many non-profit managers. The stakes are high as effective accounting not only keeps the organization compliant but also plays a crucial role in fulfilling its mission. For non-profits striving to maximize their impact, understanding and overcoming common accounting challenges is essential.

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Maximize Savings: Purchasing & AP Automation with Compleat & Amazon Business

Compleatable

Watch Maximize Savings: Purchasing & AP automation with Compleat & Amazon Business Fill in the form to access the video recording of our Compleat for Non-Profits webinar looking specifically at our integration with Amazon Business amongst other suppliers. Name Work Email Address Job Title Watch the video Maximize Savings: Purchasing and AP automation with Compleat & Amazon Business The post Maximize Savings: Purchasing & AP Automation with Compleat & Amazon Business first app

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Oct 17, Learning QuickBooks® | Avoiding Common Data Entry Mistakes

Bookkeeping Essentials

For the work from home business owner who does their own bookkeeping, learning QuickBooks® tips to avoid beginner mistakes makes your life a whole lot easier!

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IRS Warns Taxpayers of Charity Scams Following Recent Hurricanes

Insightful Accountant

In the aftermath of Hurricanes Milton and Helene, the Internal Revenue Service today cautioned taxpayers of scammers who use fake charities to gather sensitive personal and financial data from unsuspecting donors.

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Travel and Expense Policy Success: Your Essential Checklist

Setting the stage for successful organizational change always begins with clear, thoughtful communication. When it comes to rolling out a new travel and expense (T&E) policy, establishing a well-structured communication plan is key to ensuring that all employees understand the changes and their impact. By following a step-by-step approach, you can guide your organization through the transition, fostering smooth adoption from the outset and improving compliance.

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EY beefs up use of AI amid $1B investment

Accounting Today

Ernst & Young is leveraging its $1 billion investment in talent and technology to expand the use of artificial intelligence and machine learning over the next four years.

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The Art of Getting Paid, Part 3: Using QuickBooks to Manage the Collections Process

Reconciled Solutions

Keep reading to find out how you can use QuickBooks Online to make your collections process even more effective. The post The Art of Getting Paid, Part 3: Using QuickBooks to Manage the Collections Process appeared first on Reconciled Solutions.

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Empowering Non-Profits: Why Financial Efficiency is Just as Important

Compleatable

A Life-Changing Decision: From Accountancy to Charity Work When I graduated from university, I found myself at a significant crossroads. Should I immediately dive into my accounting career, taking on audit training and pursuing the Chartered Accountant exams, or should I take a step back to give something back to society? Much to my family’s dismay, I chose the latter and spent the next two years working at a night shelter charity for homeless men in Leeds.

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Examples of variable costs

Accounting Tools

What is a Variable Cost? A variable cost is a cost that changes in relation to variations in an activity. In a business, the "activity" is frequently production volume, with sales volume being another likely triggering event. Thus, the materials used as the components in a product are considered variable costs, because they vary directly with the number of units of product manufactured.

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4 Things Great Companies Do to Improve Cash Flow

Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

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Effective Email Templates for Overdue Invoice Reminders

Enterprise Recovery

Do you tense up every time you run your business's aging report ? Instead of feeling helpless about delinquent accounts, you can stay calm and take proactive steps to manage the situation. By adopting a strategic approach, you can implement practical solutions to increase your success at recovering outstanding payments. Tired of chasing overdue invoices?

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Key business tax moves to consider, whoever wins on Nov. 5

Accounting Today

With the November election mere weeks away, there is still time for tax pros to ponder the strategies available to meet the proposals of each candidate.

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How Did this Firm Owner 2X Revenue Without Burning Out? w/Logan Graf

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, host David Cristello interviews Logan Graff , a virtual CPA firm owner ( The Graf Tax Co. PLLC ) based in Central Texas and a rising star on YouTube. Logan shares his journey of starting his firm at the age of 30 and the challenges he faced, including pricing his services competitively despite having less experience than some of his peers.

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Compleat partners with Satago

Compleatable

Compleat partners with Satago as their Invoice finance solution partner Compleat today announced a new partnership with Satago. This new partnership will give Compleat’s customers access to a leading Invoice Finance management solution with additional benefits of real time credit checking, automated payment chasing & access to flexible finance. “We are thrilled about this partnership with Satago, as it represents a significant step forward for both our companies combining the best

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The Financial Leaders Playbook: How To Deliver Insight, Oversight, And Foresight

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

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Reversing entries

Accounting Tools

What is a Reversing Entry? A reversing entry is a journal entry made in an accounting period, which reverses selected entries made in the immediately preceding period. The reversing entry typically occurs at the beginning of an accounting period. It is commonly used in situations when either revenue or expenses were accrued in the preceding period, and the accountant does not want the accruals to remain in the accounting system for another period.

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Pro Golfer Gabi Ruffels Shares Her Journey and Routines

AvidXchange

There is so much we can learn from athletes about leadership, routines, and growth. Pro golfer Gabi Ruffels, member of Team AvidXchange , recently joined Michael Praeger on his “ The Power of Change ” podcast to discuss these topics and more. Gabi Ruffels is an Australian-American LPGA Tour player. After becoming the No. 1 ranked junior tennis player in Australia at age 12, Gabi transitioned to playing golf and is now in her rookie year on the LPGA Tour.

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IRS accelerates ERC claims processsing

Accounting Today

The Internal Revenue Service says it is processing some 400,000 claims for the Employee Retention Credit, representing about $10 billion of eligible claims.

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Sole Props, Contractors, & S-Corps: Can You Be On Payroll and Self-Employed?

CSI Accounting & Payroll

When you’re a one-man operation, learning the ropes can be intimidating. Here, we answer: Do I need payroll for myself? How do I set up and run payroll when I’m self-employed? Is it better to be self-employed or on payroll?

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Best Practices to Streamline Compensation Management: A Foundation for Growth

Speaker: Joe Sharpe and James Carlson

Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.

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Compleat Software Celebrates Q3 2024

Compleatable

As Q3 of 2024 has drawn to a close, Compleat Software is proud to reflect on a period of impressive growth and success. This quarter has been a landmark for us, driven by exciting customer wins, increased industry adoption, and significant expansion in our supplier network. We’re thrilled to share the details of what has been one of our most transformative quarters to date.

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Variable overhead definition

Accounting Tools

What is Variable Overhead? Variable overhead is those manufacturing costs that vary roughly in relation to changes in production output. The concept is used to model the future expenditure levels of a business, as well as to determine the lowest possible price at which a product should be sold. Examples of variable overhead are: production supplies, equipment utilities, and materials handling wages.

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Azure Reserved Instances: When should you use them?

Economize

What Are Azure Reserved Instances? Azure Reserved Instances is a strategic pricing plan that helps reduce your cloud expenses. It offers considerable discounts on your Azure resources in exchange for a commitment to use Azure services for one or three years. This plan is best suited for workloads with consistent resource needs.

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Easing into automation: How to digitally transform

Accounting Today

While other industries rapidly adopt data-driven solutions like artificial intelligence (AI), many CPA firms still rely on spreadsheets and processes that merely digitize the traditional paper-based approach.

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7 Essential Criteria for Choosing the Right Payments Partner

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

In this webinar, Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms, will dive into the 7 must-have criteria for evaluating payments partners, helping you maximize both efficiency and the long-term value of your investment. From assessing technology capabilities to leveraging business development opportunities, this session will give you a clear, actionable strategy to select the right partner for scaling your business.

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How to Know What Financial Services a Small Business Needs

Nolan Accounting Center

It is easy to see that sales are the lifeblood of every business. Financial management can be regarded as the heart of every business, and financial services are the heart’s function. Financial management is, therefore, critical for the health and success of every business. Thus, owners need to determine what financial services a small business may need.

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VAT Changes for Independent Schools in the UK: What You Need to Know

Compleatable

As of recent announcements , independent schools in the UK are facing significant changes regarding VAT. These reforms, part of a broader tax overhaul, could reshape the financial landscape for private education and have far-reaching effects on families, school management, and the wider educational ecosystem. Here’s an in-depth look at what’s happening and how it might affect the sector.

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Source document definition

Accounting Tools

What is a Source Document? A source document is the original document that contains the details of a business transaction. A source document captures the key information about a transaction, such as the names of the parties involved, amounts paid (if any), the date, and the substance of the transaction. Source documents are frequently identified with a unique number, so that they can be differentiated in the accounting system.

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Oct 17, How To Use QuickBooks Online | A Beginner's Guide

Bookkeeping Essentials

Learn how to use QuickBooks Online with step-by-step instructions, screenshots, and tips to help small business owners understand and effectively utilize QBO.

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Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a