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The top 15 stories of 2022

Accounting Today

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Xero Awards UK: Introducing our 2024 judges

Xero

She runs a slick operation at de Jong Phillips and is living proof that the future of the accountancy industry can be flexible and inclusive, while still ensuring that excellent client service remains at the core. de Jong Phillips was a Xero Award winner for Small Firm of the Year in 2022, and Pam was also awarded Xero MVP.

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Praxity grows global revenue to $9.7B

Accounting Today

The Praxity Alliance of independent accounting firms reported revenue of $9.7 billion in 2023, an 11% increase over 2022 at constant exchange rates.

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CLA Global names new CEO

Accounting Today

CLA Global Limited has appointed Paul English as CEO, replacing Sancho Simmonds and Joseph Kask, who have held the role of co-CEOs of CLA Global since the formation of the network of independent accounting and advisory firms formed in July 2022.

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Inside GASB's far-reaching agenda

Accounting Today

GASB began looking at its conceptual framework and in 2022 released Concepts Statement 7 , which says that information should be essential to users, describing what essentiality means.

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Understanding Accounts Payable vs Receivable: A Simple Guide

Nanonets

Accounts payable (AP) refers to the money that a company owes to vendors and suppliers for goods or services purchased on credit. A well-managed accounts payable process is crucial for maintaining positive relationships with vendors and ensuring timely payments. Similarly, managing accounts receivable is equally important.

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Navigating Success with the Best Accounting Software for CPAs and Accounting Firms

CapActix

Regardless of the accounting proficiency, Xero’s intuitive interface empowers outsourced accounting firms to efficiently oversee your business finances. If you are looking for the right partner to manage Accounting services for your CPA or accounting firm, then we are here to help.