Accounting Today

OCTOBER 11, 2023

growth rate of fiscal year 2020. The median growth rate hit 9.1% in net revenue in fiscal year 2022, according to a new survey, over double the 4.2%

CPA 317

CPA 317

Accounting Today

OCTOBER 12, 2023

The service updated its tax-gap projections for tax years 2020 and 2021, predicting a big jump from prior estimates.

Tax 306

Tax 306

Accounting Today

OCTOBER 27, 2023

Small businesses are experiencing the weakest sales since 2020, according to a new report from Xero, despite signs of an improving economy.

XERO 299

XERO Accounting Accounting 299

Accounting Today

MARCH 22, 2024

Dan Rotta, 77, was charged in Miami with hiding assets from the IRS in two dozen secret Swiss accounts between 1985 and 2020.

Accounting 299

Accounting Accounting Tax 299

Insightful Accountant

MAY 18, 2023

Intuit will discontinue support, including add-on services for QuickBooks Desktop 2020, as of May 31, 2023.

QuickBooks 105

QuickBooks 105

Insightful Accountant

FEBRUARY 9, 2023

Intuit will discontinue support, including add-on services for QuickBooks Desktop 2020, as of May 31, 2023.

QuickBooks 103

QuickBooks 103

Accounting Today

FEBRUARY 5, 2025

Total undergraduate accounting enrollment for fall 2024 was 257,278 students, the highest reported since fall 2020 and just shy of the pre-pandemic fall 2019 enrollment.

Accounting 242

Accounting Accounting 242

Accounting Today

JUNE 5, 2025

After the company told him that the bank would not approve the loan without copies of his filed returns, Trifilo provided fabricated documents to make it appear as if he had filed federal returns for 2020 and 2021. From around 2010 to 2020, Alvarez was the CEO, owner and manager of ATAX New York, also d.b.a.

Tax 147

Tax Corporation Tax Auditing Accounting Software 147

Fidesic blog

APRIL 29, 2025

At Fidesic, we have been tracking our Net Promoter Score (NPS) since 2020 and working to improve our services and products based on this core metric. Our commitment to genuinely caring about customer feedback has driven continuous improvement, resulting in solutions that continue to address ever-changing user needs.

Customer Service 130

Customer Service 130

Accounting Today

JUNE 19, 2025

In 2018, 2019 and 2020, Lee cashed more than $1.4 Between around July 2020 through April 2023, she prepared and filed income tax returns for other individuals with the IRS, though she did not list herself as the preparer. Lee is a self-employed chiropractor and sole owner and operator of Gentle Chiropractic Care.

Tax 147

Tax Deposits Corporation Tax Auditing 147

Fidesic blog

JULY 25, 2023

Last year we published a post about the impact of the 2020 pandemic on accounts payable, in particular, the rise in digital B2B payment methods. As with many of the new trends we saw during the pandemic, this one didn’t go away.

Accounts Payable 245

Accounts Payable Accounts Payable Accounting Accounting 245

Accounting Today

AUGUST 7, 2023

The service may revive the extra payments it provided to employees in 2020 to coax them back to the office, according to a new report.

Tax 225

Tax 225

Fidesic blog

DECEMBER 5, 2023

billion transactions in 2020 (a 8.2% According to data from NACHA fewer than 0.03% of ACH transactions are returned as unauthorized. ACH remains the preferred payment method for accounts payable departments to pay their vendors. ACH payments grew to 26.8 YOY increase) according to NACHA , the organization that oversees ACH activity.

Accounts Payable 234

Accounts Payable Accounts Payable Payroll Invoicing 234

Xero

APRIL 16, 2023

A 2020 study from IBM found that 6 in 10 consumers are willing to change their purchasing habits to reduce their impact on the environment. At the start of 2020, global sustainable investment reached USD $35.5 Attract customers. Attract investors.

XERO 279

XERO Collections Auditing Invoicing 279

Xero

APRIL 6, 2023

In 2020 Callum and his brother opened The Axe House, which fought through the pandemic to come out the other side, with a new bar now opened next door, also run by the brothers. She also feels Xero has helped bring accountancy into the limelight: “Which is not just important for accountancy, but for small businesses too.”

XERO 278

XERO Accounting Accounting Computation 278

Xero

MAY 31, 2023

Pessimistic customers continue to outnumber optimists The chart below shows movements in consumer confidence, as measured by the OECD, since January 2020. In five of the six countries there was a decline in confidence in the first half of 2020 when the pandemic hit.

XERO 264

XERO 264

Accounting Today

OCTOBER 11, 2023

When Caroline Ellison asked the former CEO in 2020 whether the line of credit would show up in FTX's audit, he said, "don't worry, the auditors aren't going to look at that," she testified.

Auditing 189

Auditing 189

Accounting Today

MAY 23, 2024

billion in sales and other tourism-related tax revenue in the current fiscal year, a 16% jump from 2020. Tourists are expected to generate a record $4.9

Tax 182

Tax 182

Xero

MAY 30, 2022

In the UK, the Xero Small Business Index in April was 83, its lowest point since February 2021 and the most drastic monthly fall since April 2020. Similarly, they experienced the longest late payment time since September 2020, at an average of 7.7 The time it took for small businesses to be paid on average increased to 29.9

XERO 259

XERO Bank Reconciliation Bookkeeping Billing 259

Xero

JULY 20, 2022

The cash flow positions of most small businesses improved throughout 2020 and 2021. The report also highlighted a surprising result: the cash flow positions of most small businesses actually improved in 2020 and 2021. This was mainly due to the government support provided to businesses during the COVID-19 pandemic.

XERO 264

XERO Budgeting Bookkeeping Budgeting Manager 264

Insightful Accountant

MAY 18, 2023

Intuit has pushed out the R17_23 update to QuickBooks 2020 Desktop Products, including Enterprise 20.0. This update is a companion to the service discontinuation notification regarding the 2020 products.

QuickBooks 52

QuickBooks 52

Xero

DECEMBER 14, 2022

Analysis of the data across all five countries shows late payments have become more volatile since early 2020. After experiencing sharp downturns during the pandemic, all five countries made a return to positive sales growth during 2020, but some countries recovered faster than others. . Preparing for 2023.

XERO 246

XERO Bookkeeping Billing Accounting 246

Accounting Today

APRIL 16, 2024

Clock ticks on 2020 returns; remembrances; what's ahead for marketing tech; and other highlights from our favorite tax bloggers.

Tax 145

Tax 145

Accounting Today

NOVEMBER 22, 2024

The company failed to follow GAAP when it evaluated its less-than-truckload operations in 2019 and 2020.

Financial Reporting 130

Financial Reporting Accounting Accounting 130

Xero

MARCH 8, 2023

While we remain committed to our broader platform strategy, to further focus our efforts, we have also made the decision to exit Waddle, the cloud-based lending platform we acquired in 2020. I am deeply sorry to be taking this step.

XERO 306

XERO 306

Intuit

NOVEMBER 9, 2023

Following a pilot in 2018 with 14 mentor-mentee pairs, the program launched globally in 2020. Making a match As the creator and leader of the TWI Mentorship program, Kimbra now plays a vital role helping women at Intuit and beyond build the relationships that build successful careers.

299

299

Fidesic blog

DECEMBER 19, 2024

billion transactions in 2020 (a 8.2% According to data from NACHA fewer than 0.03% of ACH transactions are returned as unauthorized. ACH remains the preferred payment method for accounts payable departments to pay their vendors. ACH payments grew to 26.8 YOY increase) according to NACHA , the organization that oversees ACH activity.

Accounts Payable 130

Accounts Payable Accounts Payable Payroll Invoicing 130

Accounting Today

JULY 19, 2023

Jan Marsalek was a key figure at Wirecard before its implosion in an accounting scandal in June 2020.

Accounting 130

Accounting Accounting 130

Xero

JUNE 30, 2022

In addition, we’ve been making compliance updates to existing schedules, including adding additional information to a self employment schedule from the 2020/21 tax year onwards; supporting foreign earnings; resubmitting rejected returns; generating IR marks; and improved search functionality in the foreign income schedule.

XERO 279

XERO General Ledger Bank Reconciliation Tax 279

Intuit

MARCH 22, 2023

Perhaps the biggest win of Kim’s career came after her mother lost her job in 2020. Slowly but intentionally, she built an emergency fund, bought a house, and grew her savings and investments by $100,000 in one year. “I I just took baby steps, and that compounded to where I am today,” she says.

CPA 241

CPA Accounting Accounting 241

Xero

FEBRUARY 2, 2023

We also approved a more ambitious gender diversity target of 45 percent of employees at all levels of Xero identifying as female by 2025 (increased from a target of 40 percent set in 2020). In March, we joined the MindTheGap initiative in New Zealand, which advocates that everyone is paid fairly for their work.

XERO 246

XERO Budgeting 246

Xero

AUGUST 24, 2022

Since mid-2020, small businesses in both countries have seen an ongoing improvement in payment times: In the United States, payments took an average of 23.5 Payment times a more positive sign . days in March 2022, compared to an average of 25 days in 2021 and a pre-pandemic average of 27.1

XERO 246

XERO Invoicing 246

FinOps Foundation

FEBRUARY 22, 2024

State of FinOps Survey The State of FinOps is an annual survey conducted by the FinOps Foundation since 2020 to collect information about key priorities, industry trends, and the direction of the FinOps practice.

FinOps 331

FinOps FinOps Computation Collections 331

Xero

APRIL 9, 2024

Unsurprisingly, productivity in all three countries took a hit during the peak pandemic years of 2020 and 2021. It also highlights the huge opportunity available to governments from policies that encourage all small businesses to embrace digitalisation in their operations. How did the pandemic impact productivity?

XERO 264

XERO Bookkeeping Accounting Accounting 264

Xero

DECEMBER 7, 2022

The events of 2020 and the years since have forced us all to change in some way or another. Many changed how we work, our long-term goals, and most importantly, how we prioritise what’s important to us. . This was certainly the case for Carly Shaw from Clarative Accounting.

XERO 240

XERO Accounting Accounting Invoicing 240

Accounting Today

JUNE 13, 2025

NEW YORK Will Williams Will Williams was elected the next chair of KPMGs Americas region, beginning July 1 and succeeding Paul Knopp, who has held the position since 2020. management committee since 2020. Williams has served as vice chair – operations for the U.S. firm and as a member of the U.S.

CPA 113

CPA Corporation Tax Auditing Tax 113

Xero

MARCH 4, 2024

This is the smallest quarterly wage rise since the September quarter 2020. In New Zealand , wages growth slowed to 2.8% y/y in the December quarter, down from 3.4% y/y in the September quarter. Meanwhile, data from Stats NZ shows private sector wages in the whole economy rose 3.9% y/y in the December quarter. y/y in the month of December.

XERO 246

XERO Budgeting 246