Mon.Aug 12, 2024

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"The Accountant 2" books release date

Accounting Today

The Ben Affleck-starring sequel will continue the saga of lethal and brilliant small-town CPA Christian Wolff.

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How Suitcase Records is spinning sustainability with Xero’s Beautiful Business Fund

Xero

“We believe that Australian music is a vital part of life and we want to help musicians make a living from their craft,” shared Kathy Wilson, co-founder of Suitcase Records. The family-run business operates out of Brisbane, Australia, and aims to support local musicians by providing a more sustainable PVC compound to produce high-quality vinyl records.

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Accountants bearish, mostly

Accounting Today

Accountants are generally pessimistic about the economy as a whole, but feel much more confident when it comes to their own firm and clients.

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Freelancer Staffing Solves Accounting Firm Challenges

accountingfly

“You can’t win the race for talent without hiring freelancers.” Is your accounting firm struggling to find the right talent? Freelancer staffing might be the solution you’ve been missing. In the latest episode of the Accounting Talent Podcast , Rob Brown sits down with Jeff Phillips, CEO of Accountingfly, to explore the growing impact of freelancer staffing in the accounting industry.

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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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Updated 1099-DA includes multiple changes

Accounting Today

There's still room for improvement, say experts.

Tax 244
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Business valuation formula

Accounting Tools

How to Value a Business There are several standard methods used to derive the value of a business. When calculated, each one will likely result in a different valuation, so an owner wanting to sell a business should use every formula and then decide what price to use. The valuation methods are noted below. There is no perfect valuation formula. Each one has issues, so the buyer and seller can be expected to argue over the real value of the entity.

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Overcoming the Accounting Talent Shortage with Outsourced Bookkeeping & Accounting

Outsourced Bookeeping

Businesses seeking financial insights to optimize their operations, CPA firms wanting to attract more clients or add value through advisory services, and accounting entrepreneurs striving to establish or scale their firms all face one critical challenge: a lack of skilled accounting talent. The Accounting Talent Crunch: Why Finding the Right People is Tough?

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SEC settles accounting, disclosure fraud charges with Ideanomics

Accounting Today

The SEC charged electric vehicle company Ideanomics and three of its executives with fraud for misleading the public about its financial performance from 2017 and 2019.

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What Is Business Exit Strategy Consulting? Best Practices & Examples

CSI Accounting & Payroll

All small business owners hope to successfully exit their business one day. If that time is coming soon (in the next few years), you need to have a plan – and exit strategies aren’t “one size fits all”.

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Financial Cents launches $9 monthly plan

Accounting Today

Financial Cents, which makes practice management software for accountants, announced a new $9 a month plan for solo practitioners.

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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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Are You a QuickBooks Social Media Rock Star?

Insightful Accountant

If you believe you're a QuickBooks Social Media Rock Star or Social Media Mogul, then Murph wants to help ensure you maximize your Top 100 Award potential.

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M&A Roundup: Yeo & Yeo expands

Accounting Today

Regional Leader Yeo & Yeo is growing in Southeast Michigan, while two firms in New Jersey have joined forces.

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The Future of Tax Practice: Embracing Technology in 2024

Insightful Accountant

As we navigate the complexities of the modern tax landscape, one thing becomes increasingly clear: technology is no longer just an asset; it's a necessity. The tax industry is undergoing a digital revolution, and staying ahead is crucial.

Tax 52
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Art of Accounting: Create an 'admission ticket' to an advisory services engagement pitch

Accounting Today

Consider this "introduction" as a sales effort to make the advisory services' sale.

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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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Royalwise OWLS: Tricky Situations in QBO

Insightful Accountant

There's always an exception to the rule. And there's always an exception to the exception! It’s one thing to master routine bookkeeping techniques, but it’s completely something else to use QuickBooks for rare business transactions.

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Vance backs $5,000 Child Tax Credit

Accounting Today

Republican vice presidential candidate JD Vance floated more than doubling the Child Tax Credit, seeking to reframe a "pro-family" stance that has come under attack.

Tax 189
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5 Benefits of AWS SageMaker Savings Plan for Cost Management

Economize

To achieve financial stability and long-term success, setting up a well-planned budget is essential. To achieve this financial stability, AWS offers several pricing options. These diverse pricing mechanisms are designed to facilitate more effective budget management in the cloud environment.

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Cloud Cost Allocation: Basics, Benefits, and Types

finout

Visibility is the foundation of every FinOps process and the starting point covered in the inform phase of the FinOps framework. Knowing who is spending what, where, and why is essential to understanding spending patterns and establishing financial accountability within an organization. But how exactly do we gain this visibility? Through cloud cost allocation!

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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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Acumatica Modules

Tipalti

Discover custom-built Acumatica modules for various industries, from manufacturing to retail. With Acumatica add-ons, you can start optimizing your accounts payable processes.

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Quantity variance definition

Accounting Tools

What is a Quantity Variance? A quantity variance is the difference between the actual usage of something and its expected usage. For example, if a standard quantity of 10 pounds of iron is needed to construct a widget, but 11 pounds are actually used, then there is a quantity variance of one pound of iron. The variance typically applies to direct materials in the manufacture of a product, but it could apply to anything - the number of hours of machine time used, square footage used, and so on.

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Expensify Competitors

Tipalti

Explore top Expensify competitors with AP automation. Compare features and pricing to find the best expense management solution for your business.

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Working trial balance definition

Accounting Tools

What is a Working Trial Balance? A working trial balance is a trial balance that is in the process of being adjusted. In concept, it is an unadjusted trial balance , to which is added any adjusting entries needed to close a reporting period (such as for the monthly, quarterly, or annual financial statements ). These additional entries are then entered in the general ledger , resulting in a completed trial balance.

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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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Business Central API

Tipalti

Unlock the full potential of Microsoft Dynamics 365 Business Central by using its API capabilities. From advanced customization to powerful data management, explore more.

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Revenue variances

Accounting Tools

What are Revenue Variances? Revenue variances are used to measure the difference between expected and actual sales. This information is needed to determine the success of an organization's selling activities and the perceived attractiveness of its products. There are three types of revenue variances, which are noted next. All three of these variances can be used to develop insights into the reasons why actual sales differ from expectations.

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Harris backs ending taxes on tips, adopting idea Trump likes

Accounting Today

Vice President Kamala Harris said she would seek to end taxes on tipped income for service industry workers — matching a proposal that her 2024 rival Republican Donald Trump has also made in a bid to court young people and working-class voters.

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