Wed.Feb 05, 2025

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AICPA to update independence rules as PE pours in

Accounting Today

The American Institute of CPAs is planning to revise its independence rules amid the wave of private equity investments in accounting firms.

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How Far Will Workday Take GenAI and LLMs? The Future of AI in Finance & HR

Ascend Software blog

Artificial Intelligence (AI) is no longer just a buzzwordits fundamentally reshaping the way businesses operate. Workday, a leader in enterprise cloud applications for finance and HR, is doubling down on Generative AI (GenAI) and Large Language Models (LLMs) to streamline processes, reduce manual work, and empower employees to focus on high-value tasks.

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Undergraduate accounting enrollment rose 12%

Accounting Today

Total undergraduate accounting enrollment for fall 2024 was 257,278 students, the highest reported since fall 2020 and just shy of the pre-pandemic fall 2019 enrollment.

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5 Steps to Protect Your Business from Unexpected Accounting Disruptions

Accounting Department

Managing finances effectively is the backbone of any successful business. Even minor accounting disruptions can snowball into significant financial issues for small to medium-sized business (SMB) owners and entrepreneurs.

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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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Ascend adds MHP

Accounting Today

The private equity-backed accounting firm added McGee, Hearn & Paiz in Cheyenne, Wyoming, to expand its Western geographic footprint.

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Building a $500K Lifestyle Accounting Firm in Under 24 months w/Michael Meihaus, CPA

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, host David Cristello speaks with Michael Meihaus , the owner of Meihaus CPA , who transitioned from a decade in public accounting to launching his own firm focused exclusively on retirement plan audits. Michael shares his journey of self-discovery, including a pivotal conversation that prompted him to leave his job and pursue his passion.

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How to improve your payment operations this year

Plooto

Most small business owners dont relish thinking about how to manage payment operations efficiently. But its exactly the sort of thing every business needs to nail so teams can spend time thinking about more impactful (and inspiring) parts of the business. According to our survey of 500+ Canadian business owners, accountants, bookkeepers, and financial professionals, businesses across Canada prepare for growth in 2025.

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Carson Group launches tax program led by veteran planner

Accounting Today

Debra Taylor is spearheading a new program entailing education for financial advisors, guides for clients and technology integrations.

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IRS Reform Bill Promises Major Changes

Insightful Accountant

Senate Finance Committee leaders have introduced the Taxpayer Assistance and Service Act, a bipartisan bill that could significantly impact how tax practitioners interact with the IRS and serve their clients.

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Private sector added 183K jobs in January

Accounting Today

Annual pay rose 4.7% year over year for people who stayed in their jobs, according to ADP.

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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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Black Entrepreneurs Leverage Tech more than Non-Black Entrepreneurs

Insightful Accountant

Recent Intuit QuickBooks survey shows Black Entrepreneurs are leveraging technology more than their non-Black Entrepreneur counterparts.

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Armanino buys Florida-based ERP specialist Complete Business Solutions

Accounting Today

Armanino announced the acquisition of Florida-based ERP implementation and support specialist Complete Business Solutions.

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Finale Inventory Adds Transaction 'Attachments'

Insightful Accountant

Responding to their inventory users, Finale has added attachments for their 'Gold' (and above) level subscribers.

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Touchdowns and penalties: How partners score wins

Accounting Today

Just like your favorite NFL or college football team, your firm has opponents, and you need to manage all aspects of a successful firm to stay competitive.

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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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Why is PE Interested in Buying Your Firm?

Future Firm

Private equity is targeting the accounting industry. In this episode, I dive into the reasons why and what it means for your firm. The post Why is PE Interested in Buying Your Firm? appeared first on Future Firm.

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When Is The IRS Starting Tax Return

Black Ink Tax & Accounting

Table of Contents Tax preparation and planning: Common tax planning forms Tax preparation and planning are both vital aspects of […] The post When Is The IRS Starting Tax Return appeared first on bitaccounting.

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Endera

Tipalti

With Tipalti, Endera improved invoice management, automated vendor onboarding and data collection, and optimized international payments by eliminating manual wire transfers.

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Tips And Tricks For Tax & Tricks

Black Ink Tax & Accounting

Table of Contents Tax preparation and planning: Common tax planning forms Tax preparation and planning are both vital aspects of […] The post Tips And Tricks For Tax & Tricks appeared first on bitaccounting.

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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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What are Invoice Payment Terms? Meaning and Applications

Tipalti

Learn how to optimise invoice payment terms with clear phrasing and automation tools. Explore strategies to streamline payments and ensure faster transactions.

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Tax Strategy: The IRS and the new administration

Accounting Today

The last Trump administration placed limits on new federal regulations, and it seems reasonable to expect more of the same.

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Self-Billing in the UK: A Comprehensive Guide

Tipalti

Learn how self-billing works for UK businesses, its key benefits, and a step-by-step guide to simplify invoicing and improve cash flow efficiency.

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Comparing Tipalti vs Basware for UK Businesses

Tipalti

See how Tipalti vs Basware stack up to each other and discover which platform best suits your company's needs in managing accounts payable efficiently and effectively.

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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.