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Master Financial Success: Strategic Planning for SMB Growth

Accounting Department

Running a small to medium-sized business (SMB) comes with its own set of challenges and rewards. One of the most pivotal aspects of ensuring your business's success is strategic financial planning. While it might seem daunting, mastering this process can propel your business growth and profitability to new heights. This blog post will walk you through the critical steps in strategic financial planning tailored specifically for SMB owners.

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Tax Fraud Blotter: 20 grand a return

Accounting Today

Playing defense; shocking stuff; to the cleaners; and other highlights of recent tax cases.

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Helping clients pick the right business structure

Accounting Today

Accountants and tax professionals need to be ready to help their clients choose the right type of business entity.

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New report: Going digital in 2025 – The economic benefits of digital tools

Xero

If youre a small business owner, accountant or bookkeeper, you already know how crucial it is to stay ahead in a competitive and ever-changing digital environment. A new report from Xero, in partnership with the New Zealand Institute of Economic Research (NZIER), highlights the productivity gains Kiwi small- and medium-size enterprises (SMEs) stand to gain through accelerated digitalisation: According to the report, boosting digital adoption across New Zealands small businesses could contribute

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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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Dynamics GP Reconcile to GL - Save Time at Month-End in Accounts Payable

Fidesic blog

Did you know Microsoft Dynamics GP includes a powerful feature that can significantly reduce the time and effort required to reconcile your Accounts Payable subledger with your General Ledger? In this post we will tell you about Great Plains' Reconcile to GL tool, how to use it and the how it helps AP teams reduce month-end stress.

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Smarter Spending & Budget Control with Advanced AP Automation for Charities

Compleatable

Watch: Smarter Spending & Budget Control with Advanced AP Automation for Charities Fill in the form to access the on-demand recording of our webinar session looking specifically at how UK Charities are saving time and money with smarter AP automation. Name Work Email Address Job Title Watch the video Watch: Smarter Spending & Budget Control with Advanced AP Automation for Charities The post Smarter Spending & Budget Control with Advanced AP Automation for Charities first appeared on

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6 Tips for Financial Planning for Retirement from Your Business 

Nolan Accounting Center

Youve successfully operated your small business for years. Its likely been your brainchild and your dream. But now, its time to retire. For business owners who make the difficult retirement decision, it is critical to approach financial planning for retirement as far in advance as possible, with plenty of due diligence and with professional assistance.

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What does outsourced accounting look like for e-commerce businesses?

Outsourced Bookeeping

Managing the finances effectively is important for the growth and success of any e-commerce business. When company grows, finance management becomes complicated. E-commerce outsourced accounting helps in saving overhead costs, enhances accuracy, and also offers specialized proficiency which allows you to focus on your core business processes. If you are also an e-commerce company struggling with your accounts, then this blog is for you.

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7 Signs Your Charity’s Finance Processes Are Already Ahead

Compleatable

If your charity is already running a tight ship when it comes to finance, you’re likely seeing the benefits in saved time, reduced stress, and better strategic outcomes. Many organisations are still catching up, so if you spot these signs in your own processes, it’s a clear indicator that you’re ahead of the curve. 1) You Have a Real-Time View of Spend Against Budgets If you can instantly see how each department is tracking against its budget, you’re not just in control

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The Biggest 401(k) Mistakes Costing Americans Millions

Stephanie Peterson

By Stephanie Peterson, Advanced QuickBooks ProAdvisor | Superior Virtual Bookkeeping LLCWhen it comes to retirement planning, one of the most powerful tools Americans have is the 401(k). Yet, despite its potential, millions of dollars are lost each year due to common and avoidable mistakes.

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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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NJCPA backs additional path to CPA licensure

Accounting Today

The New Jersey Society of CPAs is proposing an additional pathway to obtain CPA licensure, supporting a bill that would modify New Jersey's Accountancy Act.

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AI in Collections: Benefits and Top Use Cases for 2025

Gaviti

In today’s rapidly evolving financial landscape, the collections process is undergoing a significant transformation driven by artificial intelligence. As we navigate through 2025, organizations are increasingly turning to AI-powered solutions to streamline their accounts receivable operations, reduce manual workloads, and improve recovery rates.

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Avoid These Costly, Yet Common Small Business Bookkeeping Mistakes

Remote Quality Bookkeeping

Small businesses are the backbone of the U.S. economy. As of 2024, there are approximately 34.8 million small businesses nationwide, making up 99.9% of all U.S. businesses and employing nearly half of the private workforce [1]. But running a small business is no small feat. Owners often juggle every role, from customer service to CEO. And while it may feel manageable at first, handling small business bookkeeping without the right system or experience can quickly lead to costly missteps.

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The Billion Dollar Accounting CEO w/ Alan Whitman

Jetpack Workflow

Podcast Episode Round-Up In this episode of the Growing Your Firm podcast, host David Cristello welcomes Alan Whitman, the former CEO and chairman of Baker Tilly. Alan shares his remarkable journey of transforming Baker Tilly from a $475 million firm to a $1.5 billion powerhouse. Throughout the conversation, Alan describes how businesses can thrive largely by prioritizing strategy over aimless accumulation.

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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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Construction Bookkeeping That Builds Your Bottom Line — Serving Southern California & Las Vegas

Stephanie Peterson

Build Smarter: Virtual Bookkeeping for Contractors & Construction CompaniesFrom juggling job costing and vendor payments to staying on top of project budgets and union payrollconstruction bookkeeping is notyour average accounting. It requires precision, flexibility, and a deep understanding of the industry.

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AI will replace (some) accountants using AI: crossing the junior associate chasm

Accounting Today

What will be the role of the junior associate once AI takes over all the simple tasks that generate the experience needed for more complex ones?

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Why Construction Payroll Services Are Essential for Your Business

Outsourced Bookeeping

Payroll management in the construction industry is not an ordinary task. Its the spine of employee satisfaction, compliance with the law, and smooth project implementation. Payroll is a maze for many construction companies, where they have different job codes, changing shifts, several job sites, and different pay structures. That is why construction payroll services have evolved from being nice-to-have to a must-have for businesses of today.

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Financial Success and Reality: What Americans Think vs. What They Earn

Blake Oliver

51% of Americans say they need $100,000-$250,000 yearly to feel financially successful. Yet only 13.2% of US households actually earn that much. That's a massive disconnect. We break down the numbers in this clip from The Accounting Podcast: About half of Americans believe six figures is the threshold for financial success. 26% think $75,000-$100,000 is enoug Nearly 20% say you need $250,000-$500,000 6% believe you need over half a million annually!

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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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How To Grow Your Bookkeeping Firm with Confidence & Efficiency

The Successful Bookkeeper

Success in bookkeeping isnt just about knowing the numbersits about confidence, efficiency, and a clear strategy for growth. Many bookkeepers struggle to take their business to the next level because they lack structured systems, effective marketing, or a long-term vision. To build a thriving bookkeeping firm, you need to focus on four key areas.

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Rising Interest Rates and Inflation in Singapore

Counto

Rising Interest Rates and Inflation in Singapore As we step deeper into 2025, Singapores small business landscape is being shaped by two unavoidable forces: rising interest rates and persistent inflation. From supply chain costs to financing expenses, everything is getting more expensive and it’s putting real pressure on margins, cash flow, and long-term planning.

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Armanino expands into Utah

Accounting Today

Top 25 Firm Armanino has added Salt Lake City-based Cooper Savas.

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Why More Murrieta and Temecula Businesses Are Choosing Virtual Over In-House Bookkeeping

Stephanie Peterson

As a business owner in Murrieta, Temecula, or anywhere in Southern California, your time is one of your most valuable assets. Whether you're a contractor juggling multiple job sites, a real estate professional managing listings, or a service-based entrepreneur wearing all the hats; keeping your books in order can quickly fall to the bottom of your to-do list.But heres the good news: you dont have to do it alone.

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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IRS High-Income Nonfiler Sweeps: What Tax Practitioners Need to Know

Insightful Accountant

A recent Treasury Inspector General for Tax Administration report reveals that IRS "sweeps" targeting high-income nonfilers have proven remarkably effective.

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Build a LinkedIn Profile to Land Accounting Jobs on LinkedIn

accountingfly

If youre searching for accounting jobs on LinkedIn , a well-crafted LinkedIn profile is your most powerful tool. It acts as your online resume and marketing platform, helping recruiters and employers find and connect with you for the best accounting opportunities. At Accountingfly, we specialize in helping accounting professionals land jobs through LinkedIn, and we know what it takes to optimize your profile to attract the right roles. 1.

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Share Transfer vs. Share Allotment in Singapore: What Every Business Owner Should Know

Counto

Share Transfer vs. Share Allotment in Singapore: What Every Business Owner Should Know As a small business owner in Singapore, there may come a point where you want to bring in a new shareholder or adjust existing ownership among current investors. But the way you go about it makes a legal, financial, and even accounting services -related difference.

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IAASB offers guidance on going concern

Accounting Today

The International Auditing and Assurance Standards Board released information on its new standard, while the International Public Sector Accounting Standards Board has an exposure draft on materiality.

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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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How To Optimize Average Collection Period and A/R With Automation

Gaviti

Average collection period refers to the amount of time it takes your business to receive payments from clients. Its a metric commonly used to get a snapshot of cash flow on hand and how effective the companys collection process is overall. Lets review why this metric is important, how to calculate average collection period , and how modern tools like automation can take the hard parts off your shoulders.

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Advising on Entity Structure: Expanding on Consulting Services

Insightful Accountant

Tax professionals are uniquely qualified to guide clients through the tax implications of different business structures. When discussing options with clients, highlight how LLCs offer flexibility and liability protection and more.

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Accounting's Uncomfortable Truth: We've Institutionalized Dishonesty

Blake Oliver

I joined Devon Coombs on his "Ambition, Aligned" podcast for what might be my most candid conversation yet about the accounting profession's biggest problems. The title says it all: "We're All Lying." Because we are. Every firm that bills by the hour knows staff routinely eat time to meet impossible deadlines. Every manager who's signed off on a rushed audit knows corners were cut.

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Managing a Multi-Generational Workforce in Singapore

Counto

Managing a Multi-Generational Workforce in Singapore Walk into any SME office or workshop in Singapore in 2025, and you’re likely to see something unique: team members from four or even five generations working side by side. From fresh grads in their 20s to experienced employees in their 60s and beyond, todays workforce spans a broader age range than ever before especially with Singapores retirement and re-employment ages rising.

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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.