Mon.Feb 10, 2025

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What’s new in Xero – February 2025

Xero

We’re kicking off the new year with some exciting Xero updates designed to address some of the enhancements youve been asking for, and make things more automated to save you time. Keep reading to learn how these enhancements will benefit you and your business. Global: Enhancements to new invoicing [Product Idea ] You’ll love the time-saving enhancements we have made to new invoicing this month.

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AICPA prepares for possibility of PCAOB being folded into SEC

Accounting Today

AICPA & CIMA president and CEO Mark Koziel told a group of accountants that the association is preparing for the possibility of the PCAOB being "rolled up.

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Cost Cutting with AP Automation for Schools

Compleatable

AP automation isnt just about making life easier for the finance departmentits a direct path to saving serious money, reducing headaches, and improving overall operational efficiency. Think of it as giving your school or MAT a financial superpower. Why AP Automation Should Be at the Top of Your Cost-Cutting Strategy Implementing a comprehensive end-to-end purchasing and AP automation system comes with a multitude of benefits, from cutting costs and errors to building stronger vendor relationsh

AP 100
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Melancon joins Baker Tilly U.S. and International

Accounting Today

Former AICPA president and CEO Barry Melancon is joining Baker Tilly U.S. as an advisor Baker Tilly International as a non-executive director and chair-elect.

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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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The End of Another 1099 Season is Here at AccountingDepartment.com!

Accounting Department

It is that time of the year again, tax season. Many businesses dread this time of the year - it's tough. But thankfully, it's not as tough when you have the unrivaled support of AccountingDepartment.com.

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Quality management standards: Time is running out!

Accounting Today

For auditors and quality management, there's a big difference between a 'document' and a 'system.

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The state of CAS

Accounting Today

Kim Blascoe of CPA.com dives into CAS's extraordinary growth rates, the key practices of a high-performing CAS practice, and more.

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How GST on Digital Services Affects Your Netflix, Spotify, and Other Subscriptions in Singapore

Counto

How GST on Digital Services Affects Your Netflix, Spotify, and Other Subscriptions in Singapore As digital services become a staple in everyday life, many Singaporeans subscribe to platforms like Netflix, Spotify, and other streaming or cloud-based services. However, with the introduction and expansion of Goods and Services Tax (GST) on digital services, consumers and businesses alike must understand how these tax changes affect subscription costs and compliance requirements. 1.

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$1M in HSA is a rosy projection. But smaller savings still pay off

Accounting Today

The estimate for the amount required for 65-year-old spouses is one of many from a study full of figures that financial advisors can use to highlight the value of HSAs.

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What is the Basic Salary for Foreigners in Singapore 2025?

Counto

What is the Basic Salary for Foreigners in Singapore 2025? Singapore remains a prime destination for global talent, with businesses actively seeking foreign professionals. If you are a small business owner considering hiring expatriates or a foreign worker exploring career prospects, understanding the basic salary for foreigners in Singapore is essential.

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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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Art of Accounting: My Accounting High interview

Accounting Today

Accountants should stop focusing on the past data they generated, and the current situations their clients are in, and migrate to a future-oriented spotlight.

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How to Effectively Budget Your Monthly Salary Using the 50/30/20 Rule as an SME in Singapore

Counto

How to Effectively Budget Your Monthly Salary Using the 50/30/20 Rule as an SME in Singapore Managing finances wisely is crucial for both small business owners and employees. The 50/30/20 rule is a straightforward yet effective budgeting method that helps individuals allocate their monthly salary efficiently. For SMEs in Singapore, understanding and applying this rule can improve financial stability, ensuring both business owners and employees achieve long-term financial security. 1.

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2025 Accounting Forecast: Trends to Expect and Prepare For

Tipalti

Success has always been tied to being as efficient as possible, and that means having the right amount of technology, the right types of processes, and the right people in place.

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Why Do HR Professionals Request Payslips During Job Interviews?

Counto

Why Do HR Professionals Request Payslips During Job Interviews? When applying for a job, candidates may be asked to provide their payslips as part of the hiring process. While this may seem like a routine request, many job seekers wonder why it is necessary. From an HR and payroll perspective, payslips play a crucial role in evaluating a candidates salary expectations, verifying employment history, and ensuring fair compensation. 1.

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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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Cost Cutting with AP Automation for Schools

Compleatable

AP automation isnt just about making life easier for the finance department, its a direct path to saving serious money, reducing headaches, and improving overall operational efficiency. Think of it as giving your school or MAT a financial superpower. Why AP Automation Should Be at the Top of Your Cost-Cutting Strategy Implementing a comprehensive end-to-end purchasing and AP automation system comes with a multitude of benefits, from cutting costs and errors to building stronger vendor relation

AP 100
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What is Gratuity Payment in Singapore?

Counto

What is Gratuity Payment in Singapore? Understanding gratuity payment in Singapore is essential for businesses and employees navigating end-of-service benefits. Unlike some countries where gratuity is mandatory, Singapore has specific regulations regarding severance and retirement benefits. Employers must integrate gratuity payments into payroll management to ensure compliance with employment laws and maintain seamless payroll processing. 1.

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Thomson Reuters launches $150M fund for accounting and tax tech

Accounting Today

Thomson Reuters announced plans to invest millions in tax and accounting solutions through its newly-launched $150 million venture fund.

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2025 ProAdvisor Awards Application Deadline is February 15th

Insightful Accountant

All 2025 ProAdvisor Award Applications must be completed no later than this Saturday, February 15, 2025 at 11:59:59 PM Pacific-time.

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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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Streamline Your Finance Function With Accounts Payable Automation For Dummies

Tipalti

Tipalti have published Accounts Payable Automation for Dummies. This extensive guide equips finance leaders with the knowledge to understand the benefits of AP automation.

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What is Net Dollar Retention?

Billing Platform

Used extensively by subscription-based and software as a service (SaaS) companies, net dollar retention (NDR) is a metric that measures revenue growth or decline in customers over a specific period. This critical figure provides insight into customer retention, and changes in revenue resulting from customer upgrades/upsells, downgrades and churn. It doesnt, however, take into consideration new customer acquisitions.

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Accounts Payable Insight: Why You Need to Pay Your Vendors on Time

Tipalti

There are plenty of reasons to pay your vendors on time, both operationally and strategically, and its essential that this process is prioritized.

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Explore P2P Funding in Singapore: A Smart Alternative for Your Business Financing

Counto

Explore P2P Funding in Singapore: A Smart Alternative for Your Business Financing As a small business owner in Singapore, youre always looking for ways to raise capital for growth, expansion, or other operational needs. While traditional bank loans may seem like the default option, Peer-to-Peer (P2P) Funding offers an attractive alternative that could be a better fit for your business.

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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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Use artificial intelligence to validate your pricing decisions

Blake Oliver

My favorite business use case for AI is pricing. Give Perplexity Pro the transcript from an initial call with a prospect and ask it to list the scope of services. Write down what your gut says. Then, ask AI to give a range of possible prices. Great way to check yourself.

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The AI Revolution in Tax Firms: Adapting to the Future

Insightful Accountant

The rise of AI agents is poised to fundamentally reshape how tax firms operate and compete. As autonomous AI systems become more sophisticated, firms must prepare for significant changes.

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Managed Endpoint Security: Protecting Video Meetings From Deepfakes

Ace Cloud Hosting

Consider this: A critical video meeting gets hijacked as a deepfake impersonates your CEO, issuing false directives. The consequences will be devastating. A similar case happened with a U.K.-based energy.

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The Future of Accounting: Roger Knecht on Bookkeeping, Tax Planning & CFO Services

Insightful Accountant

In this episode of the Accounting Insiders Podcast, host Gary DeHart sits down with Roger Knecht, president of Universal Accounting Center, to discuss key trends shaping the accounting industry.

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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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ERP Q&A With Chief Accounting Officer Paul Henderson and Accounts Payable Manager Elvis Nti

Tipalti

Paul Henderson sits down with Elvis Nti to talk about the key questions that arise after an ERP implementation and why AP automation should be prioritized as that next layer of technology adoption.

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Are State Income Taxes Deductible On Federal Return For Corporations

Black Ink Tax & Accounting

Table of Contents Are State Income Taxes Deductible On Federal Return For Corporations Corporations in the United States go through […] The post Are State Income Taxes Deductible On Federal Return For Corporations appeared first on bitaccounting.

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Musk's DOGE seeks access to Treasury's accounting data

Accounting Today

Elon Musk will dispatch a team to gain read-only access to the government's central accounting system.

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How Much Does a Small Business Accountant Cost

Black Ink Tax & Accounting

Table of Contents How Much Does a Small Business Accountant Cost For a small business owner, organizing your financial department […] The post How Much Does a Small Business Accountant Cost appeared first on bitaccounting.

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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.