Mon.Mar 31, 2025

article thumbnail

PCAOB sees improvements in largest audit firms

Accounting Today

The Public Company Accounting Oversight Board's inspection staff found noticeable improvements in the deficiency rates of the six largest global auditing firms.

Auditing 241
article thumbnail

How Schools & MATs Are Cutting Costs Without Cutting Corners

Compleatable

If you work in school finance, you know the juggling act all too well, tight budgets, growing demands, and a mountain of paperwork that never seems to shrink. For many schools and Multi-Academy Trusts (MATs), managing purchasing and invoices is still a manual, time-consuming process. But what if you could save time, reduce errors, and cut costs, all without adding to your workload?

Budgeting 100
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Art of Accounting: What potential investors must have

Accounting Today

Due diligence and caution are important when evaluating investment opportunities and business plans that are being pitched.

article thumbnail

The Best AI Note-taking Tool for Meetings in 2025 (+ Free Options)

Fit Small Business

Automation and artificial intelligence are not just industry buzzwords; they significantly enhance operational efficiency, productivity, and team collaboration. For example, AI is changing how we record and document meetings through the growing popularity of AI note-takers. The best AI meeting note-takers offer essential features and benefits for business owners, including automatic transcription, real-time meeting summaries, The post The Best AI Note-taking Tool for Meetings in 2025 (+ Free Opt

59
article thumbnail

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

article thumbnail

Slow US tax collections spark angst about debt ceiling X-date

Accounting Today

Tax collection projections are down. Refunds are up. That's a formula that could dampen U.S. government revenue.

article thumbnail

45 Best Business Ideas for Beginners in 2025: Cheapest, Easiest & Profitable

Fit Small Business

Thinking about starting a business but not sure where to begin? You dont need a huge budget, a fancy office, or years of experience to get started. There are tons of beginner-friendly business ideas that are easy to launch, low-cost, and actually make money. In this guide, Ill walk you through some of the easiest, The post 45 Best Business Ideas for Beginners in 2025: Cheapest, Easiest & Profitable appeared first on Fit Small Business.

More Trending

article thumbnail

Same-Day Business Funding: 3 Best Options & Tips for Success

FundThrough

Key Takeaways: Same-day business funding offers quick access to capital for emergencies, growth opportunities, and operational expenses, with options like invoice factoring, short-term loans, and flexible lines of credit tailored to different business needs. While eligibility requirements for same-day funding vary, factors such as time in business, annual revenue, credit score, and collateral requirements play […] The post Same-Day Business Funding: 3 Best Options & Tips for Success ap

article thumbnail

IESBA eyes independence rules for investments

Accounting Today

The board is mulling changes in its auditor independence standards for audits of collective investment schemes involving connected parties and pension funds.

article thumbnail

CloudHealth Pricing Tiers and Contract Structure Explained

finout

What Is VMware Tanzu CloudHealth? VMware Tanzu CloudHealth is a cloud management platform that helps businesses optimize and govern their multi-cloud environments. CloudHealth provides visibility, cost management, and compliance tools across public, private, and hybrid clouds. It allows users to monitor cloud resource usage, establish policies for cost allocation, and ensure compliance.

52
article thumbnail

GASB mulls disclosures on severe financial stress and probable dissolution

Accounting Today

The Governmental Accounting Standards Board made some preliminary proposals on accounting for severe financial stress and probable dissolution disclosures.

article thumbnail

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

article thumbnail

Voting for the 2025 ProAdvisor Awards Closes Tonight

Insightful Accountant

Voting for the ProAdvisor Awards closes Tonight, April 1 at 23:59:59 Pacific time. If you haven't voted for the 2025 ProAdvisor Awards, today is your last chance to cast your ballot for U.S. and International candidates.

85
article thumbnail

The litigator's lens: A new perspective on audit risk management

Accounting Today

Even when auditors follow all the standards and perform a high-quality audit, they can still be sued.

Auditing 100
article thumbnail

Optimizing K-1 Processing for Tax Practitioners

Insightful Accountant

Tax teams face significant challenges with K-1 processing, as more than half of this work is compressed into just three months, with the busy season now extending beyond the traditional January-April period into July-October.

Tax 59
article thumbnail

Is the PCAOB's 46% audit deficiency rate misleading investors?

Blake Oliver

Is the PCAOB's 46% audit deficiency rate misleading investors? In my latest Earmark Podcast episode, PCAOB Board Member Christina Ho reveals why this headline number doesn't tell the full story about audit quality. Christina points out that fewer than 5% of audits considered "deficient" actually result in incorrect opinions. She suggests that the PCAOB's risk-based selection approach might be misrepresenting these metrics.

article thumbnail

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.

article thumbnail

VMware CloudHealth: Solution Overview, Pros/Cons & Alternatives

finout

What Is VMware CloudHealth? CloudHealth, once a pioneer in cloud cost management and governance, established its reputation by helping enterprises streamline and optimize their cloud spending. However, after being acquired by VMware in 2018 and later absorbed into Broadcoms portfolio, the platform faced an uphill battle to stay competitive in the rapidly evolving FinOps landscape.

FinOps 52
article thumbnail

AICPA clarifies standard on CAS financial statement prep

Accounting Today

The American Institute of CPAs' Accounting and Review Services Committee clarified a standard on financial statement preparation as part of a CAS engagement.

article thumbnail

IRS cuts more jobs as union sues over Trump labor order

Accounting Today

The Internal Revenue Service has placed 50 senior IT leaders on administrative leave, as the union filed suit over a Trump order on collective bargaining.