Tue.Jun 04, 2024

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The 2024 Billion-Dollar Wealth Magnets

Accounting Today

The leading CPA financial planners with over $1 billion in assets under management, from Accounting Today's annual ranking.

CPA 344
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Top 4 AP Automation misconceptions — and what you need to know

Ascend Software blog

Change doesn’t come easy, and this can be particularly true for Accounts Payable teams that are considering an a new software solution. After building our business around Accounts Payable Automation since 1997, we’ve heard from many customers and prospects alike who are understandably apprehensive about expanding their existing tech stack outside of Workday.

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IESBA to focus on sustainability, culture, governance in 2024

Accounting Today

The report highlights the International Ethics Standards Board for Accountants' yearly accomplishments and outlines future plans, like focusing on sustainability.

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Jun 4, Basic Accounting Concepts and Principles - GAAP and ASPE

Bookkeeping Essentials

Overview of the basic accounting concepts and principles around which Canadian GAAP and ASPE was developed. FRF for SMEs is a U.S. alternative to GAAP.

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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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Dear CFOs, the accountant shortage isn't going away

Accounting Today

It's time for finance leaders to make some tough decisions about the future of accounting and finance functions.

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International Wire Transfer

Tipalti

Explore both online and offline reliable methods for making international wire transfers. These methods are ideal for businesses and individuals with consistent international payment needs.

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Peeling Back the Curtain on the Vendor/Firm Relationship

Insightful Accountant

Late spring to early summer is perfect for reflecting on practices and upgrading tech. Partnering with tech vendors can improve accounting. Aligning vision and goals with consultants is key for maximizing tech benefits in accounting.

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Fieldguide expands into financial audit

Accounting Today

Fieldguide announced the release of Fieldguide for Financial Audit.

Auditing 311
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Utilizing the IRS's Alternative Dispute Resolution Process

Insightful Accountant

IRS's ADR process is a valuable tool for resolving disputes efficiently. Options include mediation, arbitration, and Fast Track Settlement program for quicker resolution than standard appeals.

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Which states tax capital gains the most?

Accounting Today

State tax rates on capital gains vary across the country.

Tax 271
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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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Azure Virtual Network for Efficient Network Management

Economize

What are Azure virtual networks? Cloud environments must accommodate fluctuating workloads and maintain optimal performance, security, and scalability at all times. To achieve this cloud services need to build a flexible networking framework. Azure Virtual Networks (VNets) are the cornerstone of Microsoft Azure’s networking services, providing this security, and scalable.

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Election anxiety: Financial planners and the presidential race

Accounting Today

Keeping clients from making impulsive changes is an election priority for top CPA financial planners — but so is figuring out the long-term regulatory impact.

CPA 247
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11 Must Read Books for Accountants and CPAs in 2024

Ace Cloud Hosting

“Today a reader, tomorrow a leader.” – Margaret Fuller In the field of accounting, knowledge is power. The best way to gain detailed accounting knowledge is through reading. The more.

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ChatGPT scores 60% accuracy on financial statement analysis

Accounting Today

ChatGPT accurately predicted earnings directions 60% of the time versus 52.71% for human analysts.

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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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Want to 'migrate' back to QB Desktop?

Insightful Accountant

Murph discusses 'migrating back' from QuickBooks Online to QuickBooks Desktop, and points you to an earlier article on a helpful App to accomplish the goal.

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Small businesses added more jobs in May, but wage growth slowed

Accounting Today

Hourly earnings growth for employees slid to their lowest level since the middle of 2021, according to Paychex.

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Which Short-Term Help Do I Need? Temporary Employee vs. Contractor

CSI Accounting & Payroll

As a small business owner with short-term or project-based needs, your peers may have been told to work with a contract employee to help fill in the gaps or even hire permanently one day.

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AAA takes stewardship of Two-Year Bridge Symposium

Accounting Today

Stewardship and administration of the educational initiative is being transferred from North Carolina Agricultural and Technical State University to the American Accounting Association Foundation.

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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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Jun 4, Month-End Preparation | Before Performing Month-End Procedures

Bookkeeping Essentials

An overview of month-end preparation work before you begin month-end. These monthly procedures are for home based business owners doing their own bookkeeping.

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In the blogs: Big pictures

Accounting Today

Our confusing Tax Code; IRS mail problems; disaster victims' deadline; and other highlights from our favorite tax bloggers.

Tax 140
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What is Work Order Management?

oAppsNet

Work order management is a critical component of operational efficiency for businesses, particularly those involved in manufacturing, maintenance, and service provision. It encompasses the processes and systems used to create, assign, track, and complete work orders. A work order is a documented request to perform a specific task, providing detailed instructions and the necessary resources.

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M&A roundup: NDH, Kostelanetz and Avantax expand

Accounting Today

NDH acquired McGowan Guntermann; Kostelanetz combined with Welty; and Avantax added Erin Hinzmann.

Tax 140
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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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Top 5 Challenges Accounting Firms Face in 2024 – Blog Series Round Up

Ace Cloud Hosting

In the exclusive blog series by Ace Cloud – “Top Challenges Accounting Firms Face in 2024”- we are uncovering the challenges accounting firms face today and the actionable solutions to.

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What are the best OCR software solutions in 2024?

Nanonets

For over 5 decades now, optical character recognition or OCR software has most commonly been used to digitize files and digitally archive paper documents. OCR applications convert non-editable document formats such as PDFs or images to machine-readable formats that are both editable & searchable. With advancements in AI and machine learning, some of the best OCR software available today can even automate data capture workflows end to end from various business documents.

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Jun 4, About Adjusting Entries | Month End and Year End

Bookkeeping Essentials

What about adjusting entries used by bookkeepers and accountants when doing month end or year end procedures? Let's help you understand them.

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Contractor Onboarding

Tipalti

Contractor onboarding sets the building blocks for the quality of your organization’s relationship with new contractors. Learn how to tactfully onboard contractors for a seamless process.

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8 Pillars of Leadership Development

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.

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Lease incentive definition

Accounting Tools

What is a Lease Incentive? A lease incentive is an inducement for a lessee to sign a lease. In these arrangements, either the lessor directly pays for expenditures , or the lessee does so and is then reimbursed by the lessor. A lessor enters into these arrangements in order to fill vacant office space. Such deals are especially common in a soft real estate market, or when a lessor wants to attract a high-profile, stable prospective tenant.

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Acumatica Manufacturing

Tipalti

Acumatica ERP has custom capabilities for manufacturing businesses. Learn about these capabilities and how to optimize your Acumatica manufacturing software with integration add-ons.

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Digitize Invoices

Tipalti

Transform your workflow: learn how to digitize invoices for seamless processes. Enhance efficiency and embrace the future of business management.