Wed.Feb 12, 2025

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Turning cash flow into cash now with Paidnice

Xero

“When my debtor workflow is turned off, people stop paying me almost immediately.” This stark observation from Haley Reyners, founder of My Two Cents Accounting Services , highlights a common challenge facing small businesses. For her accounting and advisory firm, which is based in Northland, New Zealand, having over $60,000 tied up in outstanding invoices wasn’t just a number it was a threat to business sustainability. “I’m the same as any other small business own

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Audit committees eye cybersecurity, risk management

Accounting Today

Cybersecurity ranks among the top priorities for audit committees, enterprise risk management, and finance and internal audit talent, says a new survey.

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How to Calculate Cash Flow with 7 Key Formulas and Examples

Invoicera

Introduction Any business needs sufficient cash flow to remain operational. A sound cash flow system enables operational efficiency and on-time financial transactions that support enduring business development. Profitability alone does not protect businesses from cash flow challenges frequently associated with weak leadership. Organizations use primary formulas to calculate cash flow, determine financial health, develop investment strategies, and sidestep funding problems.

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Digits launches automated invoicing solution

Accounting Today

Digits announced the release of Digits AI Invoicing, a new product designed specifically for startups which enables users to manage their invoicing workflows visually, with just a few clicks.

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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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Top 5 Metrics Every AP Leader Should Track

Ascend Software blog

Optimize your AP process with five key metrics that reduce costs, improve efficiency, and strengthen supplier relationships.

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Meta's accounting move to boost profit by billions

Accounting Today

Meta Platforms Inc. made a small change to how it depreciates its AI infrastructure that's likely to increase the company's profit by billions this year.

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PCAOB sanctions former Deloitte Colombia partner

Accounting Today

The PCAOB sanctioned Gabriel Jaime Lpez Dez, a former Deloitte Colombia partner, for issuing an audit report before completing all necessary audit procedures.

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What Is Invisible Banking?

Fit Small Business

Invisible banking is a relatively new concept with the goal of making banking a seamless and natural part of everyday life without ever physically visiting a branch. This concept integrates financial services into websites and apps you already use, making banking easier and more convenient. While it began with personal banking, invisible banking has gradually.

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Aprio plans to open law firm with Radix Law in Arizona

Accounting Today

Aprio, a private equity-funded Top 25 Firm based in Atlanta, is joining with Radix Law in Arizona to form Aprio Legal LLC.

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5 Budgeting Tips for Companies During Uncertain Economic Times

NextProcess

Over the past several years, our world has seen dramatic changes that have a big impact on businesses. Financial departments in companies face challenges related to the supply chain, geopolitical issues, post-pandemic changes in the world, and an uncertain economic climate. Budgeting strategies that worked a decade ago arent likely to work today. Changing budgeting strategies can be a good thing that sets your company up for success in the future.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But 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. 🗻 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. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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From intern to CEO

Accounting Today

No matter where you are in your career, you control your own destiny.

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Ignition names Bec Donnelly as new SVP for People & Culture

Insightful Accountant

Seasoned HR leader Bec Donnelly joins Ignition as company scales for global growth

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PCAOB withdraws rules on firm and engagement metrics, firm reporting

Accounting Today

The Public Company Accounting Oversight Board has withdrawn the two standards it approved on firm and engagement metrics and firm reporting.

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NetSuite News: Little Words Project Expanding with NetSuite

Insightful Accountant

The original word bracelet brand leverages the power of the suite to centralize data, improve decision making, and increase sales.

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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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New tools for QBOA, and other tech stories you may have missed

Accounting Today

New tools in QuickBooks Online Accountant, a million predictions around AI, and other developments in tech from the past month.

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Federal Employee Buyouts to Impact IRS

Insightful Accountant

Recent developments at the Internal Revenue Service are poised to create significant challenges for tax practitioners during the 2025 filing season. Despite initially accepting buyout offers, some are now being required to work through May 15.

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Growing your firm? Let your clients lead the way

Accounting Today

Your clients hold the insight into where you should be investing, shoring up, or expanding offerings.

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Ignition Announces New SVP of People and Culture

Insightful Accountant

Ignition names former SiteMinder senior HR leader Bec Donnelly as SVP of People & Culture as the company scales for global growth.

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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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I’ve Cloned Myself…

Future Firm

I wanted to replicate my expertise and availability so my members could pick my brain 24/7. The result? RyanBotmy AI-powered coaching clone. The post I’ve Cloned Myself appeared first on Future Firm.

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Take A Survey - You Might Win A T-Shirt

Insightful Accountant

We need your opinion and insights to help us continue to improve Insightful Accountant.

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20 Things you never knew before filing a Tax Return

Black Ink Tax & Accounting

Table of Contents 20 Things you never knew before filing a Tax Return: common tax deductions and taxes in 2025 […] The post 20 Things you never knew before filing a Tax Return appeared first on bitaccounting.

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IRS Income Tax Refund Schedule 2025: When Will Your Refund Arrive?

Insightful Accountant

Your 2025 IRS tax refund may arrive sooner than you think. Heres a schedule for when you can expect your check or direct deposit.

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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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How to Leverage the Power of Customer Portals to Elevate Customer Service

oAppsNet

In 2025, businesses must provide seamless and efficient customer service to remain competitive. One of the most effective ways to achieve this is by implementing a customer portal. On this centralized platform, clients can access essential information, resolve issues independently, and interact with your business effortlessly. For oAppsNET users, leveraging a customer portal can transform customer interactions, streamline operations, and drive business success.

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IRS Form 941

Black Ink Tax & Accounting

Table of Contents Understanding IRS Form 941 and employer federal tax instructions for form The form 941 is used for […] The post IRS Form 941 appeared first on bitaccounting.

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SBA fires staff, calls it an error, fires them again

Accounting Today

Trump's Small Business Administration told probationary staff members it had mistakenly sent them termination notices, then informed some of them the next day they were fired after all.

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House GOP takes first step toward tax cuts, debt limit increase

Accounting Today

The proposal aims to smooth the passage of Trump's top legislative priorities.

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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US carmakers push for EV credits to be phased out

Accounting Today

Automakers are lobbying against lawmakers immediately ending popular electric-vehicle tax credits that President Trump has railed against.

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