Tue.Aug 20, 2024

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SEC approves tougher rules around auditor 'negligence'

Accounting Today

The commission approved proposals from the PCAOB around contributory liability, the responsibilities of the auditor, and technology-assisted data analysis.

Auditing 334
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How to become a prompt engineer

Intuit

Prompt engineers specialize in making the most of artificial intelligence (AI) platforms. These professionals understand the ins and outs of how AI platforms think, designing the most efficient prompts for achieving desired results. Prompting roles appear to have a promising future, too. The global prompt engineering market size is projected to grow at a compound annual growth rate (CAGR) of nearly 33% from 2024 to 2030.

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Unauthorized access of tax returns rebounds, disclosure violations stay low

Accounting Today

In 2023, 125 violation cases of unauthorized access of tax return data were reported, the highest since 2018, but instances of disclosure violations remains low.

Tax 317
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How to become a prompt engineer

Intuit

Prompt engineers specialize in making the most of artificial intelligence (AI) platforms. These professionals understand the ins and outs of how AI platforms think, designing the most efficient prompts for achieving desired results. Prompting roles appear to have a promising future, too. The global prompt engineering market size is projected to grow at a compound annual growth rate (CAGR) of nearly 33% from 2024 to 2030.

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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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EisnerAmper adds Krost CPAs

Accounting Today

EisnerAmper, a Top 25 Firm based in New York, is adding the partners and colleagues of Krost CPAs, a Top 100 Firm based in the Los Angeles area, in a combination expected to close in September.

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How to support people with disabilities in the workplace

Intuit

Most companies report that 4 to 7% of their employees have a disability. Odds are, it’s more than that. Businesses are dramatically underestimating the reality of disabilities in the workplace, according to a 2023 Boston Consulting Group (BCG) survey of 28,000 employees across 16 countries. It found that a staggering 25% of employees have a disability or health condition.

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How to become a data engineer

Intuit

Data engineer job opportunities will increase by 21% from 2018 to 2028. This staggering growth has many job seekers asking how to become a data engineer. In this guide, we’ll define the role of a data engineer, detail the steps it takes to become one, and provide helpful tips to steer you in the right direction. Who knows? By the time you’re done reading, you may have chosen a new career path.

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Missing tech tycoon was celebrating acquittal before storm hit

Accounting Today

Mike Lynch, who is missing after his yacht sank off Sicily, had only recently fended off a U.S. criminal fraud case over the sale of his company to Hewlett Packard.

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The Art of Getting Paid: Avoiding Common Pitfalls in Accounts Receivable

Reconciled Solutions

For small businesses, timely payments are the lifeblood that keeps operations running smoothly. Every day that passes without collecting on outstanding accounts receivable is a. The post The Art of Getting Paid: Avoiding Common Pitfalls in Accounts Receivable appeared first on Reconciled Solutions.

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Greatland Corporation buys Information Returns

Accounting Today

Greatland Corporation, the company behind Yearli, announced it has acquired Information Returns Inc.

Tax 182
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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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Warehouse Wednesday: Acumatica In-depth Part 3

Insightful Accountant

This is a prologue of Murph's third part of his in-depth series on Acumatica. this summary reports on the construction capabilities of Acumatica ERP for home builders, general contractors and sub-contractors.

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SOC 2 reports reimagined: From burden to business enabler

Accounting Today

It's time to change our outlook and embrace the advancements in performing SOC 2 audits to fully realize the incredible amount of value and competitive advantage the service can provide.

Auditing 182
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QuickBooks and Allstate Health Report on Employee Benefits

Insightful Accountant

QuickBooks and Allstate Health have compiled a new report on the impact of employee benefits on the workforces of small and large businesses.

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Pawlow joins Brady Martz as chief execution officer

Accounting Today

Jeffrey Pawlow was most recently president of Engineered Tax Services, including the two he co-founded before their acquisition by ETS, The Growth Partnership and ABLE.

Tax 182
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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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Today's QB Talks is our ProAdvisor Roundtable

Insightful Accountant

Today's QB Talks is a ProAdvisor Roundtable featuring four 2024 ProAdvisor Top Award Recipients. Murph and Gary will be hosting this informative discussion with leading ProAdvisors.

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Net of tax definition

Accounting Tools

What is Net of Tax? Net of tax is the initial (or gross) results of a transaction or group of transactions, minus the related income taxes. The term is most commonly associated with the results of an entire business, such that its profits or losses are described as being "net of tax" if the effects of income taxes are calculated into the profits or losses.

Tax 52
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Desktop Product Discontinuation: September 30, 2024

Insightful Accountant

Intuit is reminding customers that new subscription sales for certain Desktop products will be discontinued on September 30, 2024.

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Why Is It Important to Choose the Right Credit Management System?

oAppsNet

Selecting the right credit management system is crucial for businesses that extend credit to their customers. The right system can streamline credit operations, enhance cash flow, reduce risks, and improve customer relationships. Understanding why choosing the right credit management system is essential can help businesses make informed decisions that support their financial stability and growth.

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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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In the blogs: They're off

Accounting Today

A useful AMT; refunds of the dead; core-satellite portfolios; and other highlights from our favorite tax bloggers.

Tax 140