IRS enhances online accounts, adds more e-file business forms
Accounting Today
JULY 25, 2024
The Internal Revenue Service reported further progress on offering more online tools and expanded taxpayer service.
Thu.Jul 25, 2024
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Five tips to make the most of app exhibitors at Xerocon Nashville
Xero
JULY 25, 2024
It feels like the magical two days that were Xerocon London just happened, and we’re already preparing to hit the road again for Xerocon Nashville this August! It’s the perfect time to not only meet some of the apps being exhibited at this year’s Xerocon, but hear real-life stories on how connecting apps with Xero can streamline your work and expand your possibilities.
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Broker-dealer audits continue to have high deficiency rates
Accounting Today
JULY 25, 2024
The PCAOB issued its annual report on its audits of brokers and dealers and noted that it's seeing at least one deficiency in 70% of the 103 audit engagements it reviewed in 2023.
How Do FinOps Teams Continue to Add Value in an Optimized Environment?
FinOps Foundation
JULY 25, 2024
Key Insight: FinOps at enterprise scale requires ongoing discipline, improvement, and maintenance; even if you think you have it all right, new challenges await as your cloud footprint and utilization increases. Accenture helps clients add FinOps Capabilities sequentially – for example, “you might start with tooling and visibility and then move to forecasting” – and simultaneously establishes a regular cadence for governance meetings with both the teams consuming cloud and with senior leadership
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
Tax Fraud Blotter: Against the grain
Accounting Today
JULY 25, 2024
Kratom ka-boom; what a sport; treed; and other highlights of recent tax cases.
Boost Your Team's Efficiency With This Month-End Close Checklist
Accounting Department
JULY 25, 2024
In the world of finance, the month-end-close process is akin to the grand finale of a well-orchestrated performance. Every note must be in tune, every movement precise, and any slip-ups must be corrected before the curtain falls.
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The Role of AI in Cash Application
Gaviti
JULY 25, 2024
Artificial intelligence is now an integral part of what makes accounts receivable software work and cash application solutions in particular. A/R departments often turn to cash application software at a point when they see a need to replace manual processes with automated ones and realize they are using their talent to complete mundane tasks or spending valuable resources on identifying manual errors that result in payment processing delays.
UBS questioned by senator over $350M tax evasion case
Accounting Today
JULY 25, 2024
UBS Group AG was asked by a powerful U.S. lawmaker about whether the bank it acquired, Credit Suisse Group, failed to report an American accused of evading taxes on $350 million in income.
IRS Continues To Expand Taxpayer Services and Online Tools
Insightful Accountant
JULY 25, 2024
Quarterly update highlights expansion on individual, business online accounts; Document Upload Tool hits 1 million submissions and more amended returns can be filed electronically.
Tax practitioners both excited and concerned about gen AI
Accounting Today
JULY 25, 2024
A recent survey of tax professionals has found that practitioners hold both excitement and concerns about generative AI, though there is slightly more of the latter than the former.
Live Demo - Supercharge your Month End Close
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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
Merging TradeGecko into QuickBooks Online
Insightful Accountant
JULY 25, 2024
Murph looks at the enhancements to QuickBooks Online that resulted from Intuit's acquisition of TradeGecko.
Top Remote Accounting Candidates for Hire | July 25, 2024
accountingfly
JULY 25, 2024
Top Remote Accounting Candidates This Week Looking for remote accountants? Accountingfly can help! With our ‘ Always-On Recruiting ‘ program, you can access highly skilled and experienced remote accounting candidates with no upfront cost. These are just a few of our top remote accounting candidates this week. Sign up now to receive the full list of top accounting candidates available weekly!
Airwallex Partners with Float to Deliver Bill Payments in Canada
Insightful Accountant
JULY 25, 2024
Float’s new Airwallex-powered Bill Pay product expands its leading end-to-end payment solution for Canadian businesses. Embedding Airwallex’s global infrastructure helped Float efficiently bring the product to market.
3 Things Holding Back the Accounting Industry w/Seth Fineberg
Jetpack Workflow
JULY 25, 2024
Podcast Summary Today’s guest, Seth Fineberg , a veteran in the accounting industry and founder of Accountants Forward , shares insights on how firm leaders can lead by example to move the profession forward. He discusses his career journey and current services, emphasizing the importance of instituting positive practices in the industry. Tune in to learn from Seth’s wealth of experience and expertise in shaping the future of accounting.
Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback
Advertiser: Paycor
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.
Administrative overhead definition
Accounting Tools
JULY 25, 2024
What is Administrative Overhead? Administrative overhead is those costs not involved in the development or production of goods or services. This is essentially all overhead that is not included in manufacturing overhead. This can be a substantial proportion of all costs incurred in businesses that are not directly engaged in the production of goods.
Why Trump's Plan To Raise Tariffs Will Backfire
Cloud Accounting Podcast
JULY 25, 2024
Blake and David Leary dive into several hot topics in the accounting world including the IRS's renewed focus on enforcement, targeting high-income individuals and non-filers, as well as the push to regulate non-credentialed tax preparers. They also explore the ongoing US CPA shortage and discuss potential solutions, including changes to education and recruitment strategies.
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