Trending Articles

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SCOTUS rebuffs bid to protect Coinbase user data from IRS

Accounting Today

The U.S. Supreme Court refused to question an IRS summons that forced Coinbase to turn over transaction information for over 14,000 cryptocurrency customers.

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Is It Time to Outsource Your Accounting? 7 Signs Your Business Has Outgrown DIY Bookkeeping

Accounting Department

When you first launched your business, doing the books yourself (or having a friend or family member pitch in) probably seemed like a cost-saving no-brainer. But as your business grows, so does the complexity of your finances — and the stakes. Suddenly, managing your books takes more time, you’re second-guessing financial decisions, or worse, worrying about compliance mistakes.

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The Hidden Cost of Manual: What Five Extra Minutes Per Invoice Is Really Costing Your AP Team

Ascend Software blog

Introduction: The Illusion of Small Tasks In accounts payable, where high-volume operations are the norm, individual tasks often go unquestioned. Five minutes spent manually processing an invoice may appear trivial—until one calculates the cumulative effect across an enterprise. Time, when unmeasured, becomes the most expensive oversight.

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15 Accounting Innovations for Every Accountant

Intuit

15 accounting innovations every accountant should know Standing still isn’t an option in a world where financials shift by the minute. Innovation in accounting today means rethinking how work gets done—faster, smarter, and more securely. From AI that flags anomalies to cloud tools that bring teams together no matter where they are, innovation is transforming accounting.

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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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The Power of Combining Accounts Payable Automation with Accounts Receivable Automation

Fidesic blog

Modern finance departments face mounting pressure to optimize cash flow, reduce costs, and maintain accuracy while managing increasingly complex financial operations. While many organizations have implemented automation in either accounts payable (AP) or accounts receivable (AR), the real transformation occurs when both systems work together as an integrated financial ecosystem.

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Security, simplicity and digitization should be IRS priorities: ETAAC

Accounting Today

The Internal Revenue Service's Electronic Tax Administration Advisory Committee delivered its annual recommendations.

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How Smart Automation Helps AP Teams Stay Ahead of Month-End Closes

Ascend Software blog

Month-end close has long been a strain on finance departments—especially for Accounts Payable (AP) teams buried under manual processes. For enterprises managing complex procurement across distributed systems, the pressure intensifies. Time, accuracy, and control collide in the final days of every month. And too often, AP professionals are left scrambling to meet deadlines while navigating outdated workflows.

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How Resilient SMEs Are Choosing Their Tools in 2025

Compleatable

In 2025, confidence is making a comeback for small and medium-sized businesses. But it’s not the blind optimism of the pre-pandemic years. Today’s confidence is different. It’s calculated, data-driven, and often tied directly to the tools SMEs are putting in place to take control of their finances. One clear indicator? The financial automation market is on a steep growth trajectory.

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We're Partnering with PayTrace to Provide a Complete Accounts Receivable/Payable Solution

Fidesic blog

Hear from Sam Johnson, Partner Success Manager for PayTrace, and Kevin Pritchard, VP of Product and Growth for Fidesic, discuss how the complementary partnership between PayTrace and Fidesic provides a comprehensive AR/AP solution that integrates directly with Microsoft Dynamics Business Central.

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PwC's AI chief: Firm has cut prices as tech saves staff time

Accounting Today

The price cuts speak to a long-held belief among some AI experts that the widespread proliferation will eventually lead to consumers paying less for products.

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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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How to Build Products Customers Actually Want: A Guide to Design for Delight

Intuit

As product managers, we’ve all been there. You’ve spent multiple sprints building what you thought was the perfect feature, only to launch it and hear crickets from customers. Or worse, you hear complaints about how it doesn’t actually solve their problem. At Intuit, we’ve learned a great method to avoid this trap isn’t better market research or more competitive analysis.

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Certinia Releases 2025 Global Service Dynamics Report

Insightful Accountant

Is AI delivering real bottom-line impact for PSOs, or is it still more hype than tangible ROI? What critical hurdles are stalling widespread AI success in professional services? Get the answers.

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Scaling Accounting & CAS Beyond $5M with Dave Olsen

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, host David Cristello welcomes Dave Olsen, founder of an accounting firm and Nimbl Staffing. Dave shares his unique journey in the accounting industry, discussing the success of his staffing service and his exciting new venture into IT services for accounting firms. The conversation delves into the strategies behind building a solid foundation for business growth, including the structures necessary for launching new services.

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How Accurate Bookkeeping Can Save You During an IRS Audit

Stephanie Peterson

By Stephanie Peterson, Advanced QuickBooks ProAdvisor | Superior Virtual Bookkeeping LLCNo one likes the word audit. But if you’re a business owner in Murrieta, Temecula, Wildomar, Menifee, or anywhere in Southern California, an IRS audit is something you need to be prepared for — especially as small business audits are on the rise.At Superior Virtual Bookkeeping LLC, I’ve seen how accurate, organized books can make or break a business during an audit.

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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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Audit accelerates

Accounting Today

Technology is driving transformation in audit at an ever-faster pace, says EY's Paul Goodhew.

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Why Cash Management Strategies Are Crucial for Growing Businesses

Gaviti

Cash is, and always has been, more than just king, it’s the heartbeat of every growing business. Without solid cash management strategies, even profitable companies can face insolvency. Whether you’re scaling operations, expanding into new markets, or investing in innovation, having a firm grip on your cash flow determines whether your company thrives or stalls.

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Kiwisaver Changes Budget 2025

Ontrack Bookkeeping

Budget 2025: Key KiwiSaver Changes The government announced some key changes to the KiwiSaver scheme in its Budget 2025 announcement. The key changes are: The government contribution will be cut from 50 cents to 25 cents per $1, with the maximum reduced to $260.72 from July 2025. (You must be contributing minimum $1042.86 per year to receive this full entitlement) Eligibility for KiwiSaver contributions will be expanded to include 16+17 year old Kiwis – they will be eligible for Governmen

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Bridging the Gaps: Synchronizing ERP and CRM in Trade Credit

Trade Credit & Liquidity Management

This podcast features a discussion between Trade Credit & Liquidity Management’s Bob Shultz and Amartya Singh, CEO and CFO of Finnflow, focusing on the persistent challenges companies face in managing the order-to-cash (O2C) process. Fragmented systems and the high cost and complexity of ERP customization create opportunities for AI and better system integration to modernize O2C processes.

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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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Intuit to Introduce Agentic AI Within QuickBooks on July 1st

Insightful Accountant

Tuesday, July 1, 2025, will see Intuit Inc., the global financial technology platform that makes Intuit TurboTax, Credit Karma,QuickBooks, and Mailchimp, will introduce a transformative set of proactive AI agents to dramatically improve businesses.

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Tech news: Wolters Kluwer adds document summaries, tool directory to CCH AnswerConnect

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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Optimizing Payment Policies: Strategies to Enhance Cash Flow, Customer Relationships, and Compliance

Gaviti

If you work in a competitive industry, you can no longer rely on outdated or rigid payment structures. Customers know they have choices and if you don’t offer a payment policy with some flexibility, they will go elsewhere. Optimizing payment policies has become crucial to strengthening cash flow, improving customer satisfaction, and ensuring regulatory compliance.

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Cloud Cost Optimization: 15 Solutions and Strategies to Cut Costs

finout

What Is Cloud Cost Optimization? Cloud cost optimization is the practice of systematically identifying and implementing strategies to reduce unnecessary cloud expenses while maintaining or improving application performance, availability, and scalability. This involves analyzing usage data to detect underutilized or idle resources, selecting the most cost-effective services and pricing models, and using architectural best practices such as serverless computing, automation, and data lifecycle mana

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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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The Accounting Roles You Need to Grow a Firm

Future Firm

Discover the important accounting roles you need to grow your firm across different stages. The post The Accounting Roles You Need to Grow a Firm appeared first on Future Firm.

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Our QB Talks for July Is A Workflow App Comparison

Insightful Accountant

Join me this month on July 16th at 2:00 PM Eastern as Debra Kilsheimer and I undertake an 'App Comparison' of Workflow Apps that work with accounting solutions like QuickBooks and Xero.

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Congress passes Trump tax bill

Accounting Today

House Republicans passed the wide-ranging Trump tax legislation dubbed the One Big Beautiful Bill Act, overcoming resistance from a group of GOP holdouts and united opposition from Democrats.

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How to Negotiate Like a Pro

Trade Credit & Liquidity Management

Negotiation is not a contest to see who can prevail. It is the “art” of getting to the point where two parties can agree on critical concerns. It encompasses employing core negotiation principles, the use of applicable strategies addressing the situation at hand, a focus on specific objectives, pre-planning a fallback position, and, if all else fails, knowing when to walk.

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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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10 Common Property Management Accounting Mistakes (and How to Avoid Them)

Outsourced Bookeeping

Handling rental income, maintenance bills, deposits, and vendor payments is not simple. Property managers wear many hats, but none is more important than managing the money. One mistake can snowball into tax issues, lost income, or tenant disputes. Whether you manage five units or fifty, avoiding errors in property management accounting is key to long-term success.

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Xero Buys Melio, QuickBooks AI Agents Are Here, More Big Four Cheating

Cloud Accounting Podcast

What happens when AI agents promise to transform accounting but create more cognitive burden than productivity gains? Blake and David explore the reality behind the AI agent hype as QuickBooks, Digits, and Big Four firms launch their "digital teammates." They also dig into Xero's massive $2.5 billion acquisition of Melio and what it means for the payments landscape.

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New Square Connector by QuickBooks

Insightful Accountant

Because Insightful Accountant reviewed Intuit’s previous Connect to Square App as one of the apps in our eCommerce App Comparison within the last year, and scored that App below many others in the comparison, we wanted to bring you up to date.

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How to make sense of the bumpy political road for municipal bonds

Accounting Today

Politics are playing an outsize role in portfolio management. Here's how experts see the fixed-income sector changing under the pending One Big Beautiful Bill Act.

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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