Mon.Oct 30, 2023

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CLA makes plans for expansion abroad amid AI push

Accounting Today

CliftonLarsonAllen has been building its international network since starting it last year in the U.K. and Ireland, with further expansion plans to other parts of the world as it begins to roll out artificial intelligence technology that it's calling CLA GPT.

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The Next Era of Healthcare Revenue Cycle Management: Why Experience and Expertise Matter More Than Ever

SSI Healthcare Rev Cycle Solutions

The Next Era of Healthcare Revenue Cycle Mananagement: Why Experience and Expertise Matter More Than Ever Home / October 30, 2023 In an industry characterized by tightening margins, workforce reduction, and the omnipresent rise in medical claim denials, hospitals and health systems find themselves grappling with an age-old question: How do you do more with less?

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Bogus claims threaten U.S. toxic water payout to vets

Accounting Today

Internal auditors have found hundreds of referrals from other lawyers for Camp Lejeune and other cases were bogus, often based on doctored medical records and fictional reports of illness.

Auditing 285
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December 2023 QB Desktop Payroll Price Increase

Insightful Accountant

While many changes won't take effect until the next renewal date(s), price changes are coming to QuickBooks Desktop Payroll and Payments this December.

Payroll 103
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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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IRS extends e-signature and encrypted email options

Accounting Today

The Internal Revenue Service is extending two of its pandemic-related options for taxpayers and tax professionals.

Tax 319
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4 Very Common Bookkeeping Mistakes and How LedgerDocs Can Save the Da

LedgerDocs

Bookkeeping is not for the faint of heart. There seem to be so many ways to mess up your financial records without knowing it. But don’t worry, a lot of these mistakes are common, and, most importantly, they are correctable if they are caught early enough. In this blog post, we will explore four common bookkeeping mistakes and, more importantly, how LedgerDocs can be your savior, helping you to avoid or fix these pitfalls.

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4 Very Common Bookkeeping Mistakes and How LedgerDocs Can Save the Day

LedgerDocs

Bookkeeping is not for the faint of heart. There seem to be so many ways to mess up your financial records without knowing it. But don’t worry, a lot of these mistakes are common, and, most importantly, they are correctable if they are caught early enough. In this blog post, we will explore four common bookkeeping mistakes and, more importantly, how LedgerDocs can be your savior, helping you to avoid or fix these pitfalls.

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20 states that burden taxpayers the most

Accounting Today

The worst five states have an average total tax burden of 11.21%.

Tax 323
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Joshua Lance, CPA: A Humble, Thoughtful Leader

Cloud Accounting Podcast

Today, we are honoring the life of Joshua Lance, CPA, founder of Lance CPA Group, who passed away in October at the age of 40 after a battle with cancer. To commemorate Josh's life, we are playing a eulogy delivered by Kenji Kuramoto at Josh's memorial service this past weekend. Kenji represented the many voices in the accounting profession that Josh was a part of.

CPA 70
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What private equity means for accountants

Accounting Today

PE investment in accounting is potentially big business. Here's some of the views from key players in the ecosystem.

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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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FinOps – Financial Operations vs Cloud FinOps

Economize

In the current landscape of cloud services, similar terminology still baffles professionals, and is used interchangeably. CFOs, CTOs, and cloud experts often mix up Financial Operations (FinOps) and Cloud FinOps, among other terms. This confusion hinders clear communication, and consequently, cost management efforts.

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Art of Accounting: Handling 'dead' accounts receivable

Accounting Today

Any business that lets past due accounts receivable accumulate is not being managed well.

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The Next Era of Healthcare Revenue Cycle Management: Why Experience and Expertise Matter More Than Ever

SSI Healthcare Rev Cycle Solutions

The Next Era of Healthcare Revenue Cycle Management: Why Experience and Expertise Matter More Than Ever Home / October 30, 2023 In an industry characterized by tightening margins, workforce reduction, and the omnipresent rise in medical claim denials, hospitals and health systems find themselves grappling with an age-old question: How do you do more with less?

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IIA charts a course for internal audit's future with Vision 2035

Accounting Today

The outcomes of this project will provide a clear-eyed vision of how we move the profession forward and collectively elevate the value of internal audit in the years ahead.

Auditing 159
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Your New & Improved Month-End Close Process Is Not So Far Out of Reach!

All accounting teams know what it is like to dread the inevitable month-end scaries. If there was a way to feel less burdened and maybe even a little enthusiastic to work on your month-end close and reconciliation process, would you do it? No, don't answer that, of course you would! Automate your month-end close process by up to 40% with SkyStem's ART and see how much more alive you feel!

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How Much Does a Bookkeeper Cost for a Small Business?

CSI Accounting & Payroll

When you own a small business, you typically start off either handling your own bookkeeping or assigning some bookkeeping tasks to an administrative employee. However, as you grow, you may want to consider having someone else solely handle your bookkeeping. With you focusing on running and growing your business and your administrative employee focusing on administrative tasks, this means you might either hire an in-house bookkeeper or outsource a bookkeeping service.

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A Simple Accounting Client Onboarding Checklist (Free Template)

Jetpack Workflow

You did it. Your marketing effort and fabulous sales pitch landed you a brand-new client. And you might think this is the most significant moment in the client relationship. However, it’s the onboarding phase that determines the difference between long-term success and an increased client churn rate. The onboarding stage is vital for retaining new clients.

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Prepare for Tax Season with These Six Client Retention Tips

Insightful Accountant

To ensure continued success during this tax season and beyond, accounting firms need a clear strategy for client retention. Here are some tips and tricks to keep your clients happy and your firm moving in the right direction.

Tax 52
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Influencer Index

Tipalti

Our experts at Tipalti have researched the top influencers and niches of 2023, looking at their follower counts and estimated earnings, their niches and where they are based.

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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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Top Timekeeping Apps Used by Accountants in 2023

Insightful Accountant

In the fast-paced world of accounting, efficiency is key. With a plethora of apps available, it can be challenging to determine which ones will truly streamline your client's workflow. We've done the legwork for you.

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Key Advantages of Autonomous Finance in A/R Collections

Gaviti

The role of the CFO is changing as the financial industry undergoes a rapid transformation. By 2025, Gartner predicts that more than 80% of new job opportunities in finance will be in roles other than traditional accounting and financial planning and analysis (FP&A). With the assistance of autonomous technology, companies that want to be prepared for the future are welcoming this as a new opportunity for their financial departments to promote greater efficiency and an enhanced customer exper

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How Automation Lets This 2-Person Team Run Media Company Finances with NetSuite

Blake Oliver

I recently had the pleasure of interviewing Jason Balk, CFO of Media Place Partners, on my podcast , recorded live at SuiteWorld. Jason took an unexpected path to become the CFO of a media company, starting his career managing accounts receivable for an ISP in the early days of the Internet. In our conversation, Jason shared insights into how he leverages technology to grow his career and run an efficient finance team.

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House Republicans propose to rescind IRS funding for Israel aid

Accounting Today

Johnson's plan pays for Israel aid by cutting President Joe Biden's signature Inflation Reduction Act, calling for a $14.3 billion reduction in funding for the IRS.

Tax 285
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Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

Speaker: Carolina Aponte - Owner and CEO, Caja Holdings LLC

In today's rapidly changing business environment, building a resilient balance sheet is crucial to the survival of any business. A resilient balance sheet allows a company to withstand financial shocks and adapt to changing market conditions. To achieve this, companies need to focus on key strategies such as maintaining adequate liquidity, managing debt levels, diversifying revenue streams, and prioritizing profitability over growth.