Fri.Apr 25, 2025

article thumbnail

Advisor vs. Consultant: What’s the Difference?

Intuit

What’s the Difference Between a Consultant and an Advisor? Companies bring in outside experts all the time, but not all experts play the same role. Some step in to solve a specific problem. Others stick around to guide long-term decision-making. Thats the key difference between an advisor vs. a consultant. A consultant is like a specialisthired to fix an issue, set up a system, or improve efficiency.

Auditing 130
article thumbnail

How Ascend and Edenred Work Together to Reduce Payment Fraud

Ascend Software blog

As digital finance operations evolve, so do the risks associated with payment fraud. Tactics like check fraud, phishing emails, and vendor impersonation continue to impact organizations of all sizes. Managing those risks requires more than reactive measures it requires a system built with prevention in mind.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

8 Strategies to Grow Your Accounting Firm

Intuit

8 Strategies to Grow Your Accounting Firm A sound accounting firm growth strategy doesnt just chase new clients. It builds lasting relationships and evolves with the industry. Thriving firms are constantly on the lookout for ways to expand their valueand their operations. To stay competitive, accountants need a strong growth plan that strengthens client relationships, improves efficiency, and prepares them for long-term success.

article thumbnail

AI will replace (some) accountants using AI: Don't be one of them

Accounting Today

We must face the fact that some areas of accounting will be completely replaced by AI, which means professionals must find new islands of safety.

article thumbnail

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.

article thumbnail

8 Strategies to Grow Your Accounting Firm

Intuit

8 Strategies to Grow Your Accounting Firm A sound accounting firm growth strategy doesnt just chase new clients. It builds lasting relationships and evolves with the industry. Thriving firms are constantly on the lookout for ways to expand their valueand their operations. To stay competitive, accountants need a strong growth plan that strengthens client relationships, improves efficiency, and prepares them for long-term success.

article thumbnail

How accountants can harness clean energy tax planning

Accounting Today

Accountants can transform renewable energy incentives from the Inflation Reduction Act into a strategic financial opportunity for their clients.

More Trending

article thumbnail

Accounting Today calls for Top Firms by AUM

Accounting Today

The survey window for our annual ranking of the top CPA financial planners by assets under management is now open.

CPA 163
article thumbnail

Debits, Credits and Sniper Rifles: Reviewing the Accounting in The Accountant

Cloud Accounting Podcast

In this bonus episode, David teams up with Caleb and Zach from Oh My Fraud to unpack the 2016 film The Accountant. Together, they explore how Hollywood portrays forensic accounting, internal controls, and what happens when your auditor brings a thermos full of sniper parts. Connect with David and Caleb [link] [link] Oh My Fraud Episodes mentioned in this episode [link] [link] [link] Need CPE?

article thumbnail

On the move: Weaver launches leadership coaching services

Accounting Today

NJCPA awards $190K in scholarships; Iowa Society of CPAs names next CEO; and more news from across the profession.

148
148
article thumbnail

The Compliance Risk of Spreadsheet-Based Financial Processes 

NextProcess

Recently here on the NextProcess blog, weve been discussing the prevalence of spreadsheet issues and steps your organization can take to correct those issues. About 94% of the spreadsheets in use contained faults, according to an analysis of several different spreadsheet studies ( Poon et al., Frontiers of Computer Science, 2024, p. 1 ). If youre a large organization using spreadsheets extensively, having most of them contain errors can be a huge issue for your company.

article thumbnail

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.

article thumbnail

At Schellman, AI reshapes a firm's staffing needs

Accounting Today

The Top 100 Firm is shedding staff in AI-dominated spaces, while adding people in others.

148
148
article thumbnail

13 Best Document Management Software for Accounting Firms

Future Firm

Tired of chasing down client documents? Here are 13 document management tools built to save time, reduce errors, and secure your firms data. The post 13 Best Document Management Software for Accounting Firms appeared first on Future Firm.

article thumbnail

IAASB tweaks standards on outside experts

Accounting Today

The International Auditing and Assurance Standards Board is proposing to tailor its standards to align with recent additions to the IESBA's Ethics Code.

Auditing 130
article thumbnail

Substack for Small Businesses: How to Earn from Subscriber-only Content

Fit Small Business

Content marketing in 2025 is less about constantly reaching new audiences than building stronger relationships with the ones you already have. Thats why one platform Ive had my eye on for a while now for small businesses and creators is (drum roll, please) Substack. Substack is an online blogging platform that lets people read your. The post Substack for Small Businesses: How to Earn from Subscriber-only Content appeared first on Fit Small Business.

59
article thumbnail

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.

article thumbnail

Tech News: Intuit to acquire HR software platform GoCo

Accounting Today

Plus, Emburse launches new mobile app with AI; Bill announce new procurement capabilities; and other accounting tech news.

Billing 130
article thumbnail

Performance Review Rating Scales: What Works Best for Small Teams

Counto

Performance Review Rating Scales: What Works Best for Small Teams When it comes to performance reviews, one size doesnt fit all, especially for small and medium-sized teams. The rating scale you choose plays a big role in how fair, motivating, and useful your performance reviews turn out to be. Too vague, and it leads to confusion. Too rigid, and it kills morale.

Payroll 52
article thumbnail

ISCPA names new CEO

Accounting Today

The Iowa Society of CPAs announced Carrie Steffen as its next CEO, effective May 19.

130
130
article thumbnail

How Performance Ratings Impact Employee Engagement in SMEs

Counto

How Performance Ratings Impact Employee Engagement in SMEs In a small business, every team member makes a big difference. Thats why performance ratings arent just about ticking boxes theyre directly linked to engagement, motivation, accounting services , and business results. When done right, performance reviews can boost morale and clarity. When done poorly, they create confusion and resentment.

Payroll 52
article thumbnail

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.

article thumbnail

Submissions now open for the 2025 VAR 100

Accounting Today

Accounting Today is looking for the top 100 value-added resellers in the accounting space. The deadline this year is end of day, Friday, May 23, 2025.

article thumbnail

What Singapore SMEs Should Know About the Johor–Singapore Special Economic Zone (JS-SEZ)

Counto

What Singapore SMEs Should Know About the JohorSingapore Special Economic Zone (JS-SEZ) The JohorSingapore Special Economic Zone (JS-SEZ) is one of the most significant cross-border initiatives to emerge in recent years, and its already reshaping how businesses think about expansion, operations, and accounting services. Launched officially in January 2025, this bilateral agreement between Singapore and Malaysia is designed to enhance economic cooperation and attract high-value investments across

Payroll 52
article thumbnail

Tesla's adjusted earnings got 12% bump from omitting crypto loss

Accounting Today

The Financial Accounting Standards Board published a rule in 2023 requiring companies that hold crypto to report their tokens at fair value.

article thumbnail

Employer of Record (EOR) vs Agent of Record (AOR): A Guide for Singapore SMEs

Counto

Employer of Record (EOR) vs Agent of Record (AOR): A Guide for Singapore SMEs Hiring across borders used to be reserved for large corporations. Today, even small and medium-sized businesses in Singapore are expanding regionally, engaging remote talent, or setting up overseas operations, which requires careful management of payroll, compliance, and accounting services.

Payroll 52
article thumbnail

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.

article thumbnail

Expert Guide: Microsoft Teams Phone (Why It’s Worth Considering in 2025)

Fit Small Business

Microsoft has become synonymous with office technology, and many business owners have adopted the 365 Workspace plans for collaboration and Microsoft Teams for remote communication. However, businesses needing a phone system may benefit from exploring Microsoft Teams Phone. As a cloud-based solution, the Microsoft Teams Phone system lets you join calls from multiple devices while.

52
article thumbnail

HR Compliance Meets Care: World Mental Health Practices for Singapore SMEs

Counto

HR Compliance Meets Care: World Mental Health Practices for Singapore SMEs World Mental Health Day, observed annually on 10 October, is more than just a date on the calendarespecially for small and medium-sized businesses (SMEs) in Singapore. It’s an opportunity to take a hard look at how your workplace supports mental well-being through thoughtful HR practices, payroll management, and integrated accounting services.

Payroll 52
article thumbnail

6 Top AI Answering Services for 24/7 Call Handling & Support in 2025

Fit Small Business

Answering services use artificial intelligence (AI) to give your business round-the-clock support without the cost of hiring a full-time agent. With a monthly starting fee of $9 to $50, the best AI answering service offers multilingual support and customizable voice profiles for branding flexibility. It can also book appointments, capture lead info, secure orders, and.

40
article thumbnail

A good deal?

Accounting Fun

A friend proudly told me that he no longer needed his accountant as he'd decided to go the DIY route. I'd previously said I couldn't help as it's a long time since I gave anyone tax advice. "No problems" he replied. I've bought a couple of books that I'm sure will tell me all I need to know. "I'm pleased for you" I said, having long since given up on getting him to appreciate the advice he would get from a decent accountant - rather than the cheapest one he could find each year.

Tax 40
article thumbnail

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

article thumbnail

Firm sues BDO Alliance after ouster for auditing Trump Media

Accounting Today

Semple, Marchal & Cooper LLP has filed suit against the BDO Alliance and its chairman after it was ejected from the alliance following an angry phone call.

Auditing 246
article thumbnail

Tariffs will hit low-income Americans harder than richest, report says

Accounting Today

President Trump's tariffs would effectively cause a tax increase for low-income families more than three times higher than what wealthier Americans would pay.

Tax 130
article thumbnail

Trump says he loves millionaire tax, worries of political risk

Accounting Today

President Donald Trump said he is open to the idea of higher taxes on millionaires but worries that a levy increase could hurt the party.

Tax 130