Tue.Aug 08, 2023

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Big Four: AI will augment, not replace, accountants

Accounting Today

The four largest firms are squarely on 'Team Human' when it comes to artificial intelligence — and don't believe the tech is even at a level where it can take over all of a human's job.

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Key Factors to Consider While Choosing the Right Bookkeeping Service Provider

Accounting Department

Outsourcing bookkeeping functions can be a strategic decision for businesses, providing professional expertise and freeing up valuable time for core operations. However, selecting the right bookkeeping service provider is crucial to ensure a seamless and successful partnership. In this blog post, we will guide business owners in choosing the right bookkeeping service provider by highlighting key factors such as industry experience, service offerings, reputation, technology integration, and clien

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The 2023 MP Elite

Accounting Today

In its 12th edition, this annual report highlights 10 outstanding accounting firm leaders.

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Why ACH Matters for Medical and Dental Organizations

Fidesic blog

If your medical or dental practice is also a small business then this post is for you. We are going to discuss a few of the benefits of adopting ACH both as a vendor and to pay your own vendors.

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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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IRS employee union gets new leader

Accounting Today

The National Treasury Employees Union, whose members include Internal Revenue Service agents and revenue officers, elected Doreen Greenwald, a longtime federal employee and local union leader as the next national president.

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Best Accounting & Payroll Methods for Mental Health Practices

CSI Accounting & Payroll

When you own a mental health practice, your main goal is to help your patients have a brighter future. After focusing on treating the different things that cause them discomfort or distress, you don't want to slow down enough to put in the extra hours that accounting and payroll require. Have you ever considered outsourcing these tasks to save you time and help you avoid costly mistakes?

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Top Invoice Factoring Companies in Michigan

FundThrough

As business owners, we’re all too familiar with the challenges of maintaining cash flow. Waiting for accounts receivable can slow your business’s progress and ability to seize new opportunities. In cases where you need more reliable cash flow for payroll, big projects that will grow your company, equipment, or any other expense, factoring can be […] The post Top Invoice Factoring Companies in Michigan appeared first on FundThrough.

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The red flags of tax ID theft

Accounting Today

The IRS offers advice on how practitioners can know when their client information is at risk.

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QB Talks: List-makers Perspectives on Making the Top 100

Insightful Accountant

On Wednesday, Aug. 16, at 2 p.m.

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The MP Elite: Tips for bolstering the talent pipeline

Accounting Today

The 2023 Managing Partner Elite discuss how to reverse the trend of fewer young people joining the profession.

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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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Tips for taking on a messy comingling cleanup in QuickBooks Online

5 Minute Bookkeeping

Starting with a new bookkeeping client can be an exciting opportunity, but what happens when their books are a mixed mess of personal and business transactions? It becomes crucial to implement effective strategies to untangle the comingling mess and establish proper bookkeeping practices. When that happens to you, here are my tips for taking on a messy comingling cleanup in QuickBooks Online.

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Business groups oppose PCAOB's NOCLAR standard

Accounting Today

Several prominent business trade groups are objecting to the Public Company Accounting Oversight Board's proposed changes in auditing standards related to noncompliance with laws and regulations.

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Bankruptcy definition

Accounting Tools

Related Courses Bankruptcy Tax Guide Essentials of Corporate Bankruptcy What is Bankruptcy? Bankruptcy is the legal process of liquidating an insolvent debtor 's assets, distributing the proceeds to creditors , and relieving the debtor of any further liability. Bankruptcy is designed to give the debtor a fresh start unencumbered by old debts , as well as to fairly settle creditor claims through an equitable distribution to them of the debtor's remaining assets.

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Is it really worth buying an accounting practice?

Accounting Today

Consider the pros and cons of starting your own firm instead of buying one.

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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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Tipalti Expands Global Alliances Program With Over 50 New Partners

Tipalti

Tipalti, today announced it has expanded its Alliances Program, adding more than 50 new partners, dramatically growing Tipalti’s global distribution and implementation reach.

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Rand Paul holding up U.S.-Taiwan tax legislation

Accounting Today

The Kentucky senator plans to block legislation to reduce double taxation for those involved in U.S. and Taiwan cross-border investment.

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ChatGPT Accounting

Tipalti

Explore the potential of ChatGPT in revolutionizing your accounting practices. From invoice processing to data cleansing, use ChatGPT to optimize your accounting today.

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Tesla's new CFO: Two jobs and a lot of question marks

Accounting Today

Vaibhav Taneja, already has a hefty gig serving as the company's chief accounting officer.

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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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The Top Spendesk Alternatives In 2023

Tipalti

Looking for the best Spendesk alternative? See how Spendesk compares to Payhawk, Pleo and Tipalti. Find the best spend management software for your business.

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In the blogs: More disasters

Accounting Today

Jackpot tax bite; still a hard world; it's your time; and other highlights from our favorite tax bloggers.

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Survey Says: One in Four Workers May be on the Move

Insightful Accountant

A Robert Half report shows that nearly half of workers queried are currently looking to do something different.

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The MP Elite: Vision statements

Accounting Today

This year's class of exceptional firm leaders share their strategic plans and outline their outlooks for the years ahead.

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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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Warehouse Wednesday: What About Using Barcodes in the QBO SKU Field?

Insightful Accountant

This 'Warehouse Wednesday' rehashes an older one to accomplish four goals. We want (need) your input, just as you gave it to us in 2015.

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CloudZero Launches Advanced Analytics For Deeper Visibility And Savings Insights

CloudZero

Analytics lets CloudZero customers pair business fundamentals with automated business intelligence — powering unparalleled cloud-native efficiency.

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BPO automation software: A quick guide

Nanonets

Companies outsource their business processes for a variety of reasons. From cost reduction, increased efficiency, and access to specialized skills and knowledge to improved service quality. Business Process Outsourcing (BPO) has become a vital strategic tool for many organizations. It lets them focus on their core competencies while outsourcing non-core functions to an external service provider.

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13 Key Cloud Cost Management Strategies (And How CloudZero Can Help)

CloudZero

Managing cloud computing costs is a big deal right now. For instance, 60% of organizations say their cloud costs are higher (over 70%) than they should be, according to our State of Cloud Cost Intelligence report.

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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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AWS Cost Allocation Tags: Implementation, Challenges, and Alternatives

finout

AWS Cost Allocation Tags: Implementation, Challenges, and Alternatives Introduction to AWS Cost Allocation Tags Are you tired of sifting through complex billing reports to pinpoint where your Amazon Web Services (AWS) costs are coming from? You're not alone! A significant third of cloud computing costs go to waste. With AWS commanding the majority of the cloud market share, managing your AWS spending through AWS cost allocation tags is more crucial than ever.

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Maximum stock level definition

Accounting Tools

Related Courses Inventory Management What is Maximum Stock Level? The maximum stock level is a not-to-exceed amount used for inventory planning. This stock level is based on a calculation of the cost of storage, standard order quantities, and the risk of inventory becoming obsolete or spoiling with the passage of time. Another issue may be a strict limitation on storage space, as may be the case for refrigerated or frozen goods.

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Member Spotlight: New Faces in Networking

NACM

NACM's annual Credit Congress brings hundreds of credit professionals together where they can learn new skills, refresh existing skills and stay informed on the most recent changes within the credit industry. Attendees also get the opportunity to network, hear from trade credit experts and learn information across a wide variety of topics.This past.

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Closing balance definition

Accounting Tools

Related Courses Bookkeeping Guidebook Closing the Books The Year-End Close What is a Closing Balance? A closing balance is the total in an account at the end of a reporting period. If an account is a permanent account , this amount is carried forward to the beginning of the next reporting period. If an account is a temporary account , this amount is rolled into retained earnings at the end of the fiscal year , and the account balance is reset to zero.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.