Mon.Sep 09, 2024

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Accounting Today calls for nominations for 2024 Top 100 People

Accounting Today

The annual list recognizes thought leaders, decision-makers, standard-setters and others who are shaping the future of the profession.

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What’s new in Xero – September 2024

Xero

It’s been a huge three months: we’ve hosted Xerocons in both London and Nashville, and have been hard at work delivering numerous product updates, many inspired by your ideas, requests, and feedback. In last month’s edition we shared how we’re making it easier for you to navigate and tab through fields in invoicing , and in July we rolled out the ability to toggle payment methods on and off in your payment settings without leaving Xero.

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Art of Accounting: How to end the self-created pipeline problem

Accounting Today

We have it within our power to change the pipeline issue. When will you start?

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How to write a bookkeeper resume: Examples and tips

Intuit

Table of Contents Bookkeeper resume sample template How to write a bookkeeping resume: What to include Resume writing best practices Update your resume to apply to bookkeeping jobs For bookkeeping roles and beyond, the job market is highly competitive these days. Chances are good you’ll be up against a sea of applicants for whatever jobs you apply to.

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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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Audit teams missed risks of material misstatement by banks

Accounting Today

The Public Company Accounting Oversight Board staff released a report Monday on last year's banking crisis.

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How to Match Vendor Item Codes to Inventory in NetSuite: A Step-by-Step Automation Guide

Nanonets

Matching vendor item codes to your own inventory is an annoying (but necessary) task that often comes up in NetSuite - especially when you're working with standardized inventory that's available with multiple suppliers, or when your purchasing department is sourcing from multiple locations. When processing such vendor bills, the invoice coding stage becomes very manual and time-consuming; AP teams often end up having to call the vendor/check with purchasing, or make some assumptions th

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Nine Questions To Help Build Profitability Into Your Business Accounting

Reconciled Solutions

Do you want to build profitability into your business accounting? Let’s start with one question. Do you follow generally accepted accounting principles? GAAP tells the. The post Nine Questions To Help Build Profitability Into Your Business Accounting appeared first on Reconciled Solutions.

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FBAR penalties: 'Grossly disproportionate'

Accounting Today

The Eleventh Circuit splits with the First Circuit and reduces an FBAR penalty under the Constitution's Excessive Fines Clause.

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Xero vs QuickBooks (2024 Comparison)

Ace Cloud Hosting

In today’s competitive environment, the right business accounting solution defines a company’s success. The accounting software you choose should not be used only to maintain books but must also be.

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All about ESOPs

Accounting Today

Michael Bannon explains which accounting firms might want to look into employee stock ownership plans — and why,

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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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AWS Billing Alerts vs AWS Budget: What’s the Difference?

Economize

Today, one in five organizations has 75% of its workloads running on cloud-based infrastructure. Cloud adaptation grows each day as organizations adopt new technologies and focus more on agility, scalability, and flexibility. As enterprises increasingly move their workload to the cloud, managing your cloud cost and keeping your cloud bills in check has become essential.

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SEC approves PCAOB quality control standard

Accounting Today

The SEC approved the PCAOB's QC 1000, which will require firms to identify risks to their practice and design quality control systems that can safeguard against those risks.

Auditing 204
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The Role of Cybersecurity Consultancy in Securing Remote Work Environments in Singapore

Counto

The Role of Cybersecurity Consultancy in Securing Remote Work Environments in Singapore As businesses in Singapore increasingly adopt remote and hybrid work models, ensuring robust cybersecurity measures has become a critical concern. This blog post explores how cybersecurity consultancy can address the unique challenges of securing remote work environments and why it is essential for small business owners in Singapore.

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Buy-sell agreements in focus with Court decision and TCJA expiration

Accounting Today

The handoff of a company carries important tax implications alongside a plethora of succession challenges. Here's what financial advisors need to talk about with clients.

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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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Are You Still Thinking About the ProAdvisor Awards?

Insightful Accountant

In case you didn't know it, the 2025 ProAdvisor Awards are already underway. If you are a ProAdvisor, anywhere in the World, you can apply. You can also nominate a deserving ProAdvisor. learn more inside.

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An ESG backlash erupts in Europe on world's strictest rules

Accounting Today

Unlike the U.S., where the federal government can offer tax breaks, EU taxation rests with member states, leaving the bloc to work largely through loans and grants.

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Future of QuickBooks Desktop - September's QB Talks

Insightful Accountant

Murph looks at the future of QuickBooks Desktop and Desktop alternatives from Intuit and Non-Intuit sources during this informative webinar being conducted this month as part of Insightful Accountant's Future Forward Event.

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Launching Your Employment Agency in Singapore: What You Need to Know

Counto

Launching Your Employment Agency in Singapore: What You Need to Know Starting an employment agency in Singapore offers a promising business opportunity, thanks to a dynamic job market and growing demand for skilled professionals. This guide provides essential insights into the importance of employment agencies, the requirements for starting one, and the benefits and challenges associated with this venture.

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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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Oracle NetSuite announces new AI capabilities across the Suite

Insightful Accountant

Major AI announcements made during opening keynote at todays SuiteWorld.

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Select vs Comprehensive Licenses for Singapore Employment Agencies

Counto

Select vs Comprehensive Licenses for Singapore Employment Agencies Choosing the right licence is crucial for employment agencies in Singapore to ensure compliance and effective operation. The Select Licence and the Comprehensive Licence cater to different recruitment needs and come with specific requirements. Here’s a concise comparison to help you decide which licence best suits your agency. 1.

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Compliance Is Essential When Offering A 401(k) Plan

Insightful Accountant

Offering a retirement plan is a great way for clients to show their employees they care about their future and want to compensate them well.

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How to Match Vendor Item Codes to Inventory in NetSuite: A Step-by-Step Automation Guide

Nanonets

It's a common AP challenge that you've probably seen before - when it comes to buying goods and services, no two people (or companies) will use the same language. While you can create uniform item codes and UPCs (Universal Product Codes) in your NetSuite environment, your vendors all have a mind of their own - and will rarely (if ever) follow the same terminology.

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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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Streamlined Payments with Helcim & Xero with Joanna Wynn

Insightful Accountant

In this episode of the Xerocon Accounting Insiders Podcast, host Gary DeHart interviews Joanna Winn from Helcim, a leading payments processor in Canada and the U.S.

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AWS Savings Plans: Your Ultimate Guide

finout

Cloud on-demand pricing gives you the flexibility to pay only for the resources you use and scale up or down as needed. It’s great for staying agile, but it can also lead to higher costs compared to other pricing models. To help manage these costs, AWS offers several discount plans like Reserved Instances (RIs) , Savings Plans, and Spot Instances. For example, Savings Plans can give you cost predictability while still allowing some flexibility in how you use your resources, and Spot Instances ca

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Murph’s Live from SuiteWorld 2024

Insightful Accountant

Murph is ‘on the scene in Vegas’ for the 2024 editions of SuiteWorld and OracleWorld. Here’s his preliminary report.

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Harris vows to end subminimum wages in policy push before debate

Accounting Today

She also reiterated a call to end taxes on tips for service and hospitality workers, a proposal Trump made first.

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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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A Proposal for Corporate Tax Cuts

Insightful Accountant

Former President Trump has proposed a significant change to corporate taxation, targeting domestic manufacturing. Speaking at an Economic Club of New York event on Sept. 5, 2024, Trump outlined a plan to reduce the corporate tax rate from 21% to 15%.