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New York passes licensure changes bill

Accounting Today

The New York State Legislature passed a bill establishing an additional pathway to CPA licensure, and another bill authorizing the use of electronic signatures.

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AccountingDepartment.com Named One of Inc.'s 2025 Best Workplaces

Accounting Department

We are delighted to announce that AccountingDepartment.com has been included in the Inc. Best Workplaces list for the fourth year in a row, along with 514 other amazing companies that prioritize their people! This 2025 recognition underscores the success of the workplace environment we have nurtured over the past 21 years. We are honored to be recognized as an Inc.

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Bookkeeping now fully automated, tax compliance not far behind

Accounting Today

A recent report from CPA.com says that semi-autonomous AI bots are already completing bookkeeping workflows start to finish, fully automating the process.

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Outsourced Accounting vs. In-House: What’s the Right Move for 2025

Accounting Department

Financial management is the backbone of any business, enabling owners to steer toward growth, stability, and long-term success. However, as businesses evolve and financial complexities escalate, choosing the right accounting model becomes a pressing decision. Should you rely on in-house expertise or entrust an outsourced accounting service? With rapid advancements in technology, talent shortages, and the rise of remote work, this decision is even more significant as we approach 2025.

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

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

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No Template Needed: Why Custom AP Workflows Are the Future of Enterprise Finance

Ascend Software blog

The Legacy Automation Problem Enterprise finance has outpaced the platforms built to support it. Automation was supposed to simplify invoice processing — faster approvals, fewer errors, cleaner workflows. But for many organizations, it’s introduced a different kind of inefficiency. Most AP automation tools are built on fixed templates, rigid routing paths, and logic that assumes your business will operate the same way tomorrow as it does today.

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How the Intuit Food Truck Program shaped this graduate’s dreams

Intuit

Giovani, a Polytechnic High School senior, is graduating high school with a spatula in one hand and big dreams in the other. He’s part of the Intuit Food Truck Program at his school in Los Angeles, CA. This free program provides students with hands-on business experience using an Intuit donated food truck, curriculum, grants, and Intuit’s QuickBooks Online and Mailchimp products.

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SEC plans ahead for PCAOB takeover

Accounting Today

The Securities and Exchange Commission is making plans in case it inherits the Public Company Accounting Oversight Board's duties if the tax bill passes.

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Beyond Efficiency: Why AP Should Own More of the Finance Strategy Conversation

Ascend Software blog

In many enterprise organizations, accounts payable has long been seen as a quiet, operational function — efficient, reliable, and often overlooked. But that perception is changing. Leading finance teams are beginning to recognize AP not just as a transactional necessity, but as a strategic asset. With the right systems in place, AP becomes a source of real-time financial insight, operational resilience, and cross-functional agility.

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How to Become a Data Scientist

Intuit

How to become a data scientist Data scientists are in high demand—and for good reason. Companies rely on them to turn large, messy datasets into insights that drive smarter decisions. It’s a role that offers strong job growth, competitive pay, and the flexibility to work across industries (and even remotely). In fact, data scientists command a median salary in the six figures ($112,590), according to US Bureau of Labor Statistics data.

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The Growth Playbook: Scale Your Accounting Firm in 2025 and Beyond

Ace Cloud Hosting

Most accounting firms want more clients. However, few have a system to attract them consistently. Too often, growth is left to chance, relying on referrals, generic marketing, or time-consuming tactics.

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Live Demo - Supercharge your Month End Close

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

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Maximizing Business Growth with Financial Planning and Analysis (FP&A)

Accounting Department

When it comes to scaling and growing your business, understanding and managing your finances is more crucial than ever. Financial Planning and Analysis (FP&A) services from AccountingDepartment.com offer small to medium-sized businesses (SMBs) a powerful tool to not just survive but thrive in an increasingly competitive market.

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What is DuPont Analysis?

oAppsNet

Understanding key performance indicators (KPIs) like return on equity (ROE) is essential for finance professionals, especially those in the CFO’s office. DuPont Analysis is one of the most effective methods for breaking down ROE into its components and uncovering the drivers behind a company’s profitability. Originally developed by DuPont in the 1920s, this robust analytical framework helps businesses see the bigger picture of their financial health and understand where to focus their effo

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What Is a Data Engineer, and What Do They Do?

Intuit

What is a data engineer, and what do they do? Your online orders. Your favorite playlists. Even your personalized news feed. It all runs on data. But raw data on its own doesn’t deliver those experiences. It has to be collected, cleaned, and moved into place. That’s where data engineers come in. But what is a data engineer, exactly? Simply put, they’re the people who make sure data gets where it needs to go in a clean, reliable format that’s ready for action.

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Irreconcilable Differences: How MCA Abuse of “Reconciliation Rights” Threatens Collateral

Trade Credit & Liquidity Management

By Robert DiNozzi Merchant Cash Advance (MCA) agreements have become a prevalent form of alternative financing, particularly among small and distressed businesses. Marketed as sales of future receivables rather than traditional loans, these agreements allow funders to withdraw fixed daily or weekly payments directly from a business’s bank account until a predefined “purchase amount” has been satisfied.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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Optimism declines among accountants

Accounting Today

Author Login Subscribe ACCOUNTING Accounting Accounting standards International accounting ESG CAS Accounting Accounting standards International accounting ESG CAS TAX Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes AUDIT Audit Audit standards PCAOB SEC Audit Audit standards PCAOB SEC PRACTICE MANAGEMENT Practice management Recruiting Retention Acc

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Credit Card Payments vs ACH: Key Differences, Benefits, and Which to Choose for Your Business

Gaviti

The Basics of Payment Systems in Business As modern commerce continues to evolve, businesses are adopting more efficient and customer-friendly ways to receive payments. Among the most commonly used digital payment systems in the B2B landscape are credit card payments and ACH (Automated Clearing House) transfers. These systems not only accelerate cash flow but also streamline the payment process, reducing friction in the order-to-cash cycle.

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What is Days Payable Outstanding (DPO)?

oAppsNet

In today’s fast-paced business environment, managing cash flow effectively is paramount for sustaining operations and fueling growth. For finance leaders, Days Payable Outstanding (DPO) is one of the most important financial ratios to track. This ratio measures how long it takes a company, on average, to pay its bills, including invoices from suppliers, vendors, and creditors.

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Financial Warning Signs Your Business May Be Heading for Bankruptcy

Remote Quality Bookkeeping

Business bankruptcy is rarely the result of a single misstep. It’s usually a culmination of warning signs that go unnoticed or unaddressed for too long. With recent data showing that overall bankruptcy filings rose 13.1% during the 12-month period ending March 31, 2025 , the need to recognize trouble early has never been more urgent for small businesses.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

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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Unlocking Instant Inbound Payments: Cross River Launches Request for Payment Solution

Trade Credit & Liquidity Management

From a Press Release dated June 9, 2025, Fort Lee, NJ Cross River Bank has launched its Request for Payment (RfP) solution, a new feature designed to enable secure, real-time inbound payments via the RTP® (Real-Time Payments) network. This innovation addresses a longstanding imbalance in money movement: while outbound payments have become nearly instantaneous, incoming payments have typically relied on slower methods like ACH and wire transfers, which are limited by batch processing and ban

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RSM announces $1B agentic AI investment

Accounting Today

Author Login Subscribe ACCOUNTING Accounting Accounting standards International accounting ESG CAS Accounting Accounting standards International accounting ESG CAS TAX Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes AUDIT Audit Audit standards PCAOB SEC Audit Audit standards PCAOB SEC PRACTICE MANAGEMENT Practice management Recruiting Retention Acc

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Agentic AI in Finance: Transforming Credit Risk Assessment and A/R

Gaviti

In the fast-paced world of finance, businesses are under constant pressure to make smarter, faster, and more accurate decisions. From managing liquidity and evaluating creditworthiness to optimizing collections and forecasting risk, finance teams rely on data to power their every move. Despite this fast pace, traditional approaches to financial management, often rule-based and reactive, are beginning to show their limitations in a dynamic global economy.

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Qount: Pioneering the Future of Practice Management with AI-Powered Intelligence

Insightful Accountant

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How To Overcome Change Fatigue In Finance With Neuroscience-Backed Strategies

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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Discover What’s New: FundThrough’s June 2025 Feature Releases

FundThrough

We’re excited to share the latest innovations in the FundThrough platform—updates designed to make your funding experience faster, easier, and more transparent. With improvements to reporting tools, customer management, and invoice uploads, along with a new way to fund for Enverus clients, these changes are all about helping you access capital more efficiently.

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Are Your Collection Emails Getting Results?

Trade Credit & Liquidity Management

A properly managed Accounts Receivables (AR) portfolio is essential to maintain the liquidity your company needs to sustain its business and grow. This requires efficient and effective collection practices, a well-trained staff, and some degree of process automation. Reaching out to customers by email to collect open balances is a key element in a comprehensive collection approach.

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Accounting in an era of disruption

Accounting Today

AICPA chair Lexy Kessler looks ahead at the challenges and opportunities that are facing the profession, and what accountants need to do to be ready for them.

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The Ultimate Guide to AR & Credit Insurance: Is It Worth the Investment?

Gaviti

In the dynamic world of B2B transactions, managing financial risk is crucial to ensuring sustainable growth. One area that often gets overlooked until disaster strikes is the exposure embedded in outstanding receivables. When a customer defaults or declares bankruptcy, your company might be left scrambling to recover payment, if recovery is even possible.

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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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Accounting Basics: What Do Debit and Credit Mean? 

Nolan Accounting Center

Accurate bookkeeping is essential for the success of every business enterprise. And central to accurate bookkeeping is the concept of double-entry accounting, where debit and credit entries are used to record all transactions. What Do Debit and Credit Mean? Keeping the financial records of every business in order requires tracking all the money flowing in and out of the company.

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Control & Streamline Business Purchases with Compleat & Amazon Business

Compleatable

Watch: Control & Streamline Business Purchases with Compleat & Amazon Business Fill in the form to access the on-demand recording of our webinar session looking specifically at how Compleat customers can save time and money with our integration with Amazon Business. Name Work Email Address Job Title Watch the video Watch: Control & Streamline Business Purchases with Compleat & Amazon Business The post Control & Streamline Business Purchases with Compleat & Amazon Busine

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Your Customers Are Susceptible to Cyberattacks. What Are You Doing About It?

Trade Credit & Liquidity Management

The vulnerability of applicants, customers, and their customers to cyberattacks should be a major concern of credit executives. Cyber-risks are a core vulnerability that your counterparts in Third Party Risk Management (TPRM) and Supply Chain Management (SCM) are already tracking. You should do the same. Cyberattacks are being perpetrated on customers of all sizes and industries.

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Elliott Davis takes PE investment

Accounting Today

Author Login Subscribe ACCOUNTING Accounting Accounting standards International accounting ESG CAS Accounting Accounting standards International accounting ESG CAS TAX Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes AUDIT Audit Audit standards PCAOB SEC Audit Audit standards PCAOB SEC PRACTICE MANAGEMENT Practice management Recruiting Retention Acc

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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