Thu.May 29, 2025

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In uncertain markets, it's accountants who create stability

Accounting Today

Here are three ways accountants can shift from support role to strategic force, helping organizations stay profitable, predictable and well-positioned.

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Maximizing Profitability: A Comprehensive Guide to Job Costing

Accounting Department

Understanding exactly how much each job or project costs your business is essential for maximizing profitability. However, many business owners struggle to track costs accurately, leading to mispriced jobs and unexpected expenses later on. This is where job costing comes into play.

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BDO's Berson to retire in 2026

Accounting Today

BDO USA's CEO Wayne Berson will retire effective June 30, 2026, and national managing principal of tax Matthew Becker has been tapped to succeed him.

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AI Is Not the Enemy of Finance—It’s the Next Evolution of Accuracy

Ascend Software blog

Discover how AI can enhance control, accuracy, and efficiency in finance operationsnot replace them. Learn how Ascend uses AI to scale best practices, reduce manual work, and build trust in automation for AP and finance teams.

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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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IRS faces challenges overseeing tax-exempt hospitals

Accounting Today

Cutbacks and vague guidance threaten the IRS's ability to carry out its responsibilities, which include overseeing the troubled nonprofit hospital sector.

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Stop the Denial Train: Use Real-Time Eligibility & Pre-Service Financial Clearance

RevCycle

In the fast-paced world of healthcare, the last thing anyone wants is a roadblock. Yet, for both patients and providers, claim denials and unexpected medical bills can feel like just that frustrating obstacles on the path to care and financial stability. Fortunately, proactive strategies exist to smooth these pathways: Real-Time Eligibility (RTE) verification and Pre-Service Financial Clearance.

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How Collection Effectiveness Index Works

oAppsNet

In any business, maintaining a healthy cash flow is essential to sustaining operations and ensuring long-term success. One of the most crucial metrics used to measure a companys ability to collect payments is the Collection Effectiveness Index (CEI). This tool helps businesses monitor their accounts receivable (A/R) performance, ensuring that the company’s credit and collections teams are working efficiently and effectively.

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To succeed at succession, ask yourself these hard questions

Accounting Today

Firm owners looking at succession must look at future state needs, not just current ones.

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From Paper to Digital: The Evolving E-Invoicing Mandate

Trade Credit & Liquidity Management

With over 100 countries mandating its use, e-invoicing has transformed billing practices worldwide. This shift demands that billers stay informed and proactive, as compliance and efficiency heavily depend on understanding complex regulations and effectively leveraging service providers. Initially seen as a simple cost-saving measure, such as emailing PDF invoices, e-invoicing has evolved into a sophisticated system requiring structured data formats and strict tax compliance.

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Acumatica acquired by Vista

Accounting Today

The cloud ERP provider has been acquired by a private equity firm that specializes in enterprise software, data and technology-enabled businesses.

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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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Study Finds Contractors Facing a Cash Crunch

Trade Credit & Liquidity Management

A new national study by Built , surveying 250 U.S. general contractors and subcontractors, reveals a significant crisis in the construction industry due to widespread payment delays. The report found 70% of contractors regularly experience delayed payments. (Photo by Dan Dimmock on Unsplash ) Consequences: Higher Costs: Contractors increase bids by an average of 8% to cover risks from slow payments.

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Tax Fraud Blotter: Side hustles

Accounting Today

Pardon us; no relief in sight; down on the farm; and other highlights of recent tax cases.

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Unlocking the Secrets of Client Accounting Services with K.C. Eames

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, host David Cristello welcomes K.C. Eames , the Director of Client Accounting Services at Dark Horse CPAs. The conversation delves into the complexities of pricing in client accounting services (CAS) and the nuances that make it both an art and a science. K.C. shares insights about the unique structure of Dark Horse CPAs, contrasting it with traditional accounting firms that operate on a pyramid model.

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Morgan Stanley denies Dutch prosecutor's tax evasion allegations

Accounting Today

Morgan Stanley denied allegations by the Dutch Public Prosecution Service that it evaded tax on almost $1 billion worth of dividends more than a decade ago.

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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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Chaser Launches Integration with Odoo

Trade Credit & Liquidity Management

From a Press Release dated March 25, 2025, London, England Chaser , a global accounts receivable automation solution provider, has announced a new integration with Odoo , a popular business management software platform. This integration enables businesses to automate their accounts receivable processes, reduce late payments, and improve cash flow. Key Points Problem Addressed: Late payments cost the global economy over $40 billion annually and lead to significant bad debt for businesses.

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Build A Thriving Bookkeeping Business Through Connection & Mindset

The Successful Bookkeeper

Many bookkeepers struggle with the early stages of building their businesses. The transition from working in a structured corporate environment to running a solo practice can feel isolating. Without colleagues or managers to turn to, its easy to feel overwhelmed. However, success in bookkeeping doesnt come from working harder aloneit comes from building strong connections, maintaining a positive mindset, and continuously improving your business.

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Automation and AI Are Transforming Trade Credit and Collections

Trade Credit & Liquidity Management

Automation and artificial intelligence (AI) are transforming accounts receivable (AR) and B2B trade credit management by replacing manual, error-prone processes with intelligent, AI-driven tools. Credit decision-making, collections, cash application, deductions, and communications are greatly enhanced by AI-powered AR automation. (Photo by Dan Dimmock on Unsplash ) Ultimately, these tools enable enterprises offering trade credit to streamline collections and improve cash flow.

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From State Trooper to “Cash Flow Mike”: Business Coaching with Impact with Mike Milan

Insightful Accountant

In this special GrowCon 2025 edition of the Accounting Insiders Podcast, host Gary DeHart sits down with Mike Milanbetter known as "Cash Flow Mike"to discuss his transformation from state trooper to entrepreneur, author, and small business coach.

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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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Visa Launches AR Manager in the U.S.

Trade Credit & Liquidity Management

From a Press Release dated May 21, 2025, San Francisco, California Credit card giant Visa has announced the general availability of its new Visa AR Manager platform in the United States, marking a significant step in its mission to streamline business-to-business (B2B) payments and become the central hub for banks, fintechs, and enterprises. (Photo by Çağlar Oskay on Unsplash ) What is Visa AR Manager?

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Next Month's QB Talks is About Prepping for Scaling New Heights

Insightful Accountant

The 2025 Scaling New Heights conference is being held June 22 through 25, 2025 in Orlando at the Marriott World Center, the world's biggest Marriott facility, and Insightful Accountant will be there.

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Emagia and Adaptive SAG Partner to Revolutionize GBS Operations

Trade Credit & Liquidity Management

From a Press Release dated May 19, 2025, Santa Clara, CA, and Łódź, Poland Emagia, a global leader in AI-powered Autonomous Finance Platforms, has announced a strategic partnership with Adaptive Solutions & Advisory Group ( Adaptive SAG ), a premier European consulting firm. This collaboration aims to transform finance operations across Europe by automating and optimizing Order-to-Cash (O2C) processes through cutting-edge artificial intelligence technology.

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Top Remote Tax and Accounting Candidates | May 29, 2025

accountingfly

Top Remote Audit, Tax, and Accounting Candidates This Week Are you in need of remote tax and accounting candidates? Accountingfly can assist you! Our ‘ Always-On Recruiting ‘ program allows you to connect with highly skilled and experienced candidates without any upfront costs. Here are some of this week’s top remote ausit, tax, and accounting candidates.

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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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Trade Credit & Liquidity Management Newsletter

Trade Credit & Liquidity Management

Featured Articles Trade Credit & Liquidity Management is a reader-supported publication. To receive new posts and support our work, consider becoming a subscriber. For a limited time, annual subscriptions are half off Conversations Action Items Do you like the newsletter?

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How to Start a Profitable Laundromat Business in 10 Steps

Fit Small Business

Starting a laundry business is a smart way to build steady, semi-passive income, especially in high-renter areas with consistent laundry demand. To get started, youll need to choose a business model, write a business plan, secure funding, find the right location, and invest in commercial equipment. From there, its all about setting competitive prices, building.

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Trump's global tariffs deemed illegal, blocked by trade court

Accounting Today

The Democrat-led states alleged the tariffs amount to a massive tax on American consumers and infringe on the authority of Congress.

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Execs face economic uncertainty under Trump

Accounting Today

U.S. executives are shifting to long-term U.S.-focused strategies to deal with the first months of the Trump administration, according to a survey by PwC.

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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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Trump to appeal tariffs ruling while weighing other ways to implement levies

Accounting Today

President Trump's appetite for new tariffs remains undeterred, even after a pair of court decisions hit his duties with their most devastating blow yet.

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