Wed.Aug 09, 2023

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Creativity and closing the accounting talent gap

Accounting Today

Firms need to engage in a systemic overhaul of how they pull individuals toward the profession, keep them in it, and use them as advocates to bring others into the space.

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Building Inclusion: Empowering Indigenous voices and finding allyship through education

Intuit

Tell us a little bit about yourself and what brought you to Intuit. Jane Merrick (Intuit Australia): Two years ago I decided to move into the tech space, and this opportunity with Intuit came along—I haven’t looked back since! We have such a fantastic and inspiring team. I love coming to work every day to help small businesses and advisor customers solve their problems.

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IRS warns of tax compliance issues at ESOPs

Accounting Today

The Internal Revenue Service is cracking down on the use of employee stock ownership plans as a way to avoid taxes.

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How Your Firm Can 100% Automate This Marketing Activity

Future Firm

Firm owners often struggle with marketing. In this episode, I discuss how I use AI to automate my podcast marketing and how you can implement the same without being an expert. Listen Below. 1:10 – The usual podcast production process involves brainstorming, scripting, recording, and editing by a virtual assistant. However, the current episode breaks this pattern, as it’s created by AI, including the voice. 1:42 – Creating a podcast requires topics, which can be challenging to g

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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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Vendor Spotlight: Stampli

Accounting Today

In this Vendor Spotlight we hear from Eyal Feldman, co-founder and CEO of payment solutions provider Stampli.

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NetSuite Now Running in Oracle Cloud Regions in Toronto and Montreal

Insightful Accountant

As part of Insightful Accountant's "International Coverage" we wanted you to know that for the first time, NetSuite is now running in Canadian data centers to meet their growing customer base.

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AuditClub Unveils AuditClub Ally to Align Audit and Accounting Professionals

Insightful Accountant

AuditClub Ally establishes alliance program to advance AuditClub’s mission to make accounting and auditing better

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Liberty Tax parent restructures after bankruptcy

Accounting Today

The tax prep franchise's owner, NextPoint, earlier sought bankruptcy protection in Canada.

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How risk management can improve your business

Plooto

Doing business means coming face-to-face with risk. As your business grows within the market, it’s impossible to not be impacted by risk. Developing a risk management plan that helps your business swiftly recover and manage risks is crucial to maintaining business longevity.

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High schoolers explore accounting with MassCPAs

Accounting Today

The Massachusetts Society of CPAs hosted the Accounting Careers Exploratory leadership program for 26 high school students in partnership with Suffolk University.

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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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Is QuickBooks Online Down? Where To Check and What To Do?

Ace Cloud Hosting

Are you experiencing issues with QuickBooks or QuickBooks Online? Before understanding why software is down and what to do about it, let’s understand how to check the status. Checking QuickBooks.

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New Deloitte tax chief tackles tax changes

Accounting Today

Deloitte Tax chair and CEO Carin Giuliante is watching closely as new rules are taking effect in both the U.S. and internationally while recruiting new talent.

Tax 130
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Risks and Rewards of Offering Franchise Opportunities: An Accounting & Bookkeeping Perspective

Bookkeeping Express

Franchising has emerged as a popular business model that allows entrepreneurs to expand their brand reach and revenue potential. This business arrangement, where a franchisor licenses their brand, business model, and support to franchisees, presents both risks and rewards from an accounting and bookkeeping perspective. Today, we’re going to embark on a thrilling adventure, exploring the risks and rewards of offering franchise opportunities from an accounting and bookkeeping perspective.

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Lawmakers probe nonprofit hospitals, challenge tax-exempt status

Accounting Today

A bipartisan group of four U.S. senators wants the IRS and Treasury Department to investigate whether nonprofit hospitals are abusing their tax-exempt status.

Tax 130
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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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AWS Data Centers Today: 100+ Locations, 1.5 Million Servers, and More

CloudZero

In 2006, Amazon Web Services (AWS) pioneered cloud computing as we know it today. And with about 34% of the market share, Amazon Web Services remains the largest cloud infrastructure provider today, followed by Microsoft Azure and Google Cloud Platform (GCP).

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Cybersecurity for CPAs: Don't recycle passwords

Accounting Today

Using the same password for both your email and bank account can cost millions of dollars.

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Intuit is 'Turning Out the Lights' in France

Insightful Accountant

Intuit has decided to pull the French version of QuickBooks out of France at the end of 2023.

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KPMG participates in 700 volunteer activities for Community Impact Day

Accounting Today

KPMG employees donated their time to over 475 nonprofits for the firm's second Community Impact Day, an annual volunteer day of community service.

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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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AWS cost datasets: Understanding blended, unblended, and amortized costs

FinOps in Practice

When a company uses AWS services, whether running virtual servers or storing data, it is billed for the resources it consumes. The FinOps team within the company naturally wants to stay in the know of the cloud costs to reduce and optimize them. This is where AWS Cost Datasets come into the picture, as they are designed to help analyze and monitor spending patterns to make informed decisions about AWS costs.

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Italy trims bank windfall tax after rout

Accounting Today

The Italian government backtracked on part of its new tax, saying it would introduce a cap to limit the impact for many lenders.

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Member Spotlight: Advance Your Career with Designations

NACM

From day one, credit professionals are constantly improving their skills and expanding their knowledge in the B2B credit industry. But on-the-job learning can only take them so far. By earning designations through NACM's Professional Certification Program, credit professionals have the chance to stand out from others and perfect their skills.Kelly.

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Is Working From Home Less Productive? & IRS Is (Finally) Going Paperless

Cloud Accounting Podcast

Blake and David delve into the use of AI in detecting plagiarism in students' papers and its implications for the ongoing debate on AI's impact on employment. They also shed light on the increasing cost of audits and the alarming decline in audit quality. Shifting the focus to remote work, they analyze a study's findings on productivity and emphasize the importance of considering the nature of the work.

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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.