Mon.Jan 06, 2025

article thumbnail

The decline in accounting majors: What's behind the shift?

Accounting Today

If accounting is to survive as a viable career path, universities and business schools must adopt a more proactive stance.

article thumbnail

Top 10 Collection Reminders Writing Tips

Gaviti

Managing accounts receivable can be challenging, but having a structured approach to writing collection reminders can make a significant difference. Many businesses that have embraced automated tools such as payment reminder software are able to simplify this process with dunning emails and late payment reminder templates that ensure consistency, save time, and improve efficiency.

professionals

Sign Up for our Newsletter

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

article thumbnail

PCAOB imposed $35M in fines in 2024

Accounting Today

The Public Company Accounting Oversight Board ramped up enforcement, modernized standards, enhanced inspections and expanded engagement in 2024.

article thumbnail

Need-to-Know Nonprofit Trends for 2025

AvidXchange

In 2025, nonprofits stand at the crossroads of opportunity and challenge, navigating a rapidly evolving technological landscape. As organizations dedicated to fulfilling vital community needs, they face unique pressures to adapt while maintaining their core mission. Based on our review of industry research, three pivotal trends the increasing use of artificial intelligence (AI), the adoption of electronic payment methods, and the critical need for robust cybersecurity may reshape elements of t

article thumbnail

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

article thumbnail

Letters to the Editor: A pipeline problem solution, and more

Accounting Today

Readers weigh in on recent articles, and the major trends impacting the profession.

CPA 276
article thumbnail

What Is a Promissory Note? Examples and Uses

Fit Small Business

A promissory note is a legal document that illustrates a written promise between two partiestypically a borrower (the note’s payee) and a lender (the notes issuer or maker)that states the terms and conditions of a financing agreement. It defines elements such as the principal loan amount, interest rate, maturity date, repayment schedule, collateral requirements, and.

52

More Trending

article thumbnail

5 Tech Trends in Finance to Watch in 2025

NextProcess

Our world is shaped by technology, now more than ever before. As we head into the new year, how will technology shape the financial departments of modern companies? I cant tell you the future, but finance professionals can look at trends in the modern business world and predict what we might see in the new year. In 2025, we can expect to see more and more companies automating and digitizing, especially with cloud-based software.

article thumbnail

UHY merges in TBR and Botz Deal

Accounting Today

UHY is expanding its presence in Michigan and Missouri by combining with two firms: Tama, Budaj & Raab and Botz Deal & Co.

264
264
article thumbnail

Streamline AP in SAP Business One: A Guide to Full Automation

Tipalti

Learn how to implement AP automation for SAP Business One to streamline accounts payable, improve accuracy, and enhance workflow efficiency.

AP 52
article thumbnail

Audit firms urge SEC to reject PCAOB metrics and reporting standards

Accounting Today

Auditing firms are asking the SEC to reject the Public Company Accounting Oversight Board's recent standards on firm and engagement metrics and firm reporting.

Auditing 162
article thumbnail

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

article thumbnail

QuickBooks Desktop Mobile App Survey

Insightful Accountant

Have you noticed a change in the functional capability of the QuickBooks Desktop Mobile App? I've had reports that the app's OCR (optical character reading) functionality isn't working for 'Receipts' or 'Bills' snapped for upload.

article thumbnail

3 oil and gas investments that bring big tax savings

Accounting Today

Wealthy clients and other accredited investors should consider drilling deductions, opportunity zones and 1031 exchanges in 2025, an expert says.

Tax 130
article thumbnail

2025 ProAdvisor Awards Application Process Continues

Insightful Accountant

You can still 'apply' for the the 2025 ProAdvisor Awards through the closing date on February 11, 2025 when all applications must be completed.

52
article thumbnail

Art of Accounting: Make 2025 your best year ever

Accounting Today

You need to offer more services to your current clients and then to new clients.

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

7 Businesses We HATE to Work With

CSI Accounting & Payroll

If youre like me, when youre shopping for a service, you do a little research to make sure youre the kind of client they want to work with. That might even be why youre reading this right now!

article thumbnail

What is the difference between sole proprietorship and LLC?

Black Ink Tax & Accounting

Table of Contents What is the difference between sole proprietorship and LLC? When looking to start a business, one of […] The post What is the difference between sole proprietorship and LLC? appeared first on bitaccounting.

Payroll 40
article thumbnail

The 10 Best Accounting Software Solutions for Education

Tipalti

Discover the top accounting software solutions for education, which streamline global instructor payments, automate processes, and simplify tax compliance.

article thumbnail

When does Tax Season start 2025 filing: Key Dates to File Taxes and Deadlines

Black Ink Tax & Accounting

Table of Contents When does Tax Season start 2025 filing: Key Dates to File Taxes and Deadlines Tax season is […] The post When does Tax Season start 2025 filing: Key Dates to File Taxes and Deadlines appeared first on bitaccounting.

Tax 40
article thumbnail

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.

article thumbnail

Beste Software für Beschaffung und Einkauf in 2025

Tipalti

Sind Sie bereit, Ihren Beschaffungsprozess zu modernisieren und Ihre Buchhaltung durch Automatisierung zu entlasten? Dann lesen Sie mehr ber die beste Software fr Einkauf und Beschaffung in der DACH-Region in 2024.

article thumbnail

6 Reasons to Go to Community Summit Roadshow

Fidesic blog

Have you heard of Dynamics Communities Summit Roadshow? It's a series of 1-day FREE regional conferences for Microsoft Dynamics users. Here's 6 Reasons to go. 1. Theyre Free Simple as that. Attending learning conferences and trade conventions is an important part of growing a business, from training up your team, to partner networking and selling on the floor.

Budgeting 242
article thumbnail

Top Side Hustles in Singapore for SMEs Looking to Boost Their Income

Counto

Top Side Hustles in Singapore for SMEs Looking to Boost Their Income As a small business owner in Singapore, you may be wondering how to boost your income and achieve your financial goals. Side hustles are a great way to do just that, providing additional income without overwhelming your busy schedule. Whether youre looking to reinvest in your business, pay off debt, or save for the future, there are countless opportunities in Singapore to help you earn extra income.

article thumbnail

Trump's major legislative agenda will pass by May, Johnson says

Accounting Today

Johnson said the massive bill would address issues such as border security, including money for the mass deportations of undocumented immigrants; and an extension of the 2017 Trump tax cuts.

Billing 189
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.