Wed.May 22, 2024

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CAQ asks PCAOB to delay standards

Accounting Today

The Center for Audit Quality wants the Public Company Accounting Oversight Board to postpone sending two of its newly approved standards, on quality control and auditor responsibilities, to the SEC for final approval.

Auditing 297
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How to Use Microsoft Machine Learning Studio for Non-Developers

Fidesic blog

Want to get started building Machine Learning environments in accounting?

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IRS extends Free File through 2029

Accounting Today

The program with third-party tax vendors will continue for another five years despite the IRS's recent Direct File pilot test.

Tax 304
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The wisdom of being a lazy CPA

Blake Oliver

Once you see how much more value you and your managers can deliver to the firm when you're freed up from doing routine client work, you'll never want to go back to the old way of doing business.

CPA 89
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How to Easily Navigate Crypto Accounting in the Web3 Era

Speaker: Aaron Jacob, VP of Accounting Solutions & Reagan Cook, GTM Lead

Are you struggling to navigate the complexities and challenges that come with crypto accounting? 🤔 This new webinar will cover everything businesses need to know to get started with crypto accounting after incorporating crypto into their business models! Industry experts Aaron Jacob and Reagan Cook of TaxBit will thoroughly explore the prevalent operational hurdles encountered by accounting teams when interacting with crypto on the books, and detail how software solutions can effectively

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Melancon to retire at year's end

Accounting Today

The long-time head of the AICPA — and one of the foremost leaders of the profession — will step down on Dec.

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Ace Cloud Is Going to Scaling New Heights 2024

Ace Cloud Hosting

We’re excited to announce that Ace Cloud is going to be a part of Scaling New Heights (a leading accounting technology event and the largest gathering of bookkeepers and accountants.

More Trending

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A Clear & Simple Guide to Accounting Workflow Management

Jetpack Workflow

We’ve talked with hundreds of accounting professionals over the years and gained an inside look at how the top CPA firms organize their client work. The difference between an unorganized accounting firm and one that runs like clockwork is that organized firms implement and continually improve their workflows. In this guide, we’ll explain the importance of accounting workflows, offer examples and an accounting workflow management solution you can start using today, and share how to overcome cha

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HSAs come with pitfalls — here's how to avoid them

Accounting Today

They have oft-cited tax advantages, but the available research raises alarms about fees, interest rates and investing in assets other than cash.

Tax 191
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Xero Announces Strong and Profitable FY24 Results

Insightful Accountant

Xero has announced its strong and profitable FY24 results and Rule 40 outcome and solidifies their status as a leading global SaaS provider empowering 4.2 million users across 180 countries.

XERO 52
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Hedge fund founder on trial for £1.4B tax scam treated himself to Ferrari

Accounting Today

Testifying at a London court from a Danish prison via a video call, Sanjay Shah insisted that his controversial so-called Cum-Ex trades were lawful and that any rumors circulated in the industry were merely due to jealousy.

Tax 152
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Live Demo: How to Achieve Reconciliation Zen

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

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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Making Cybersecurity a Priority in 2024

Future Firm

Implementing cybersecurity measures to safeguard your firm should be a priority. Discover in this episode why it's very important. The post Making Cybersecurity a Priority in 2024 appeared first on Future Firm.

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Massachusetts risks $1B in lost tax revenue as rich flee

Accounting Today

If the current trend continues, more than 96,000 residents making a combined $19.2 billion in adjusted gross income are set to leave the state annually by 2030.

Tax 159
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Sage and DonorPerfect Partner for "New" Fundraising Solution

Insightful Accountant

Sage Intacct Fundraising powered by DonorPerfect streamlines fundraising operations for nonprofits, freeing up time for them to focus on their mission impact.

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OneStream debuts "Sensible" AI suite

Accounting Today

OneStream debuted a series of AI solutions built for finance leaders.

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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

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Intuit Discontinues Melio powered Bill Pay in QBO

Insightful Accountant

Bill Pay powered by Melio has been discontinued for QuickBooks Online users as of May 21st.

Billing 52
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AI specialists draw 18% more pay

Accounting Today

A PwC survey found that AI specialists can command a wage premium of up to 18% at accounting firms.

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How Procurement Transformation can streamline your Procurement Processes

Nanonets

Procurement transformation involves evolving the procurement function from performing basic administrative tasks to becoming a strategic, value-adding activity. This transformation focuses on three key elements: adopting digital technologies, implementing innovative procurement strategies, and reengineering procurement processes. In this blog, we will explore how to implement these changes effectively, with a particular focus on how procurement software can facilitate this transition.

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Member Spotlight: O.D. Glaus Credit Executive of Distinction Award

NACM

More than 50 years ago, NACM leader and visionary O.D. Glaus founded NACM's six-level Professional Certification Program, in which credit professionals can gain the knowledge and expertise in the field of B2B credit. A program that not only equips trade creditors for the demands of their role but launches them towards unparalleled success.After O.D.

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The Definitive Guide to Spend Management

The status quo for AP in small and mid-market companies is broken. It consists of messy tech stacks of siloed solutions that give rise to manual work, a lack of control, wasted spend, and unnecessary risks. The benefits of shifting to spend management are tangible, measurable, and are felt across the whole organization. Spend management is a different way of thinking and an innovation whose time has come.

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3 Types of Data AP Departments Should Consider Analyzing

AvidXchange

Accounts payable (AP) reporting allows companies to track and report business expenses and help maintain accurate financial records. Analytics tools empower businesses to take this data to the next level, potentially achieving benefits like reduced costs and more efficient workflows. AvidXchange’s 2024 Trends Survey identified data analytics as one of the top five priorities for finance leaders this year.

AP 52