Wed.Jun 04, 2025

article thumbnail

IRS paints a strong picture from 2024

Accounting Today

The Internal Revenue Service's new Data Book shares a host of positive results from last year.

Tax 271
article thumbnail

Beyond the Numbers: What It’s Like to Be an Accounting Manager at AccountingDepartment.com

Accounting Department

At AccountingDepartment.com, we know that exceptional client service isnt just about clean booksits about empowering our people to do their best work and grow professionally. Thats why our Accounting Manager role is such a critical part of our team structure. This leadership position bridges the gap between our Senior Accountants and Controllers, ensuring that both clients and team members receive the high-level support they need.

professionals

Sign Up for our Newsletter

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

article thumbnail

Progress, long lines and fisticuffs highlight TIGTA report

Accounting Today

The Treasury Inspector General for Tax Administration's latest report to Congress includes successes and failures at the IRS.

Tax 239
article thumbnail

FinOps X 2025 Day 2 Keynote: FinOps for AI + AI for FinOps, Cloud Feature Launches

FinOps Foundation

FinOps X 2025, the home of FinOps, continued into its next day of content with our second Keynote. FinOps leaders and community took to the stage to discuss FinOps for AI + AI for FinOps, showcase practitioners demonstrating AI proficiency, and announce Cloud Feature Launches.

FinOps 147
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

Fieldguide launches AI agent to automate audit testing process end-to-end

Accounting Today

Fieldguide released Field Agents for Financial Audits, which comes with an agentic AI "Audit Testing Agent" to automatically execute the testing workflow.

Auditing 130
article thumbnail

FinOps X 2025 Cloud Announcements: AI Agents and Increased FOCUS™ Support

FinOps Foundation

At FinOps X 2025, the major cloud providers, Amazon Web Services, Google Cloud, Microsoft, and Oracle Cloud Infrastructure, unveiled expanded FOCUS™ support, and AI-powered product features that empower FinOps practitioners.

FinOps 100

More Trending

article thumbnail

Sage Reveals Vision for Its Agentic AI Era to Boost SMB Productivity

Insightful Accountant

Sage, a leader in accounting, payroll and HR software for small and mid-sized businesses, today announced its vision for artificial intelligence at its flagship event, Sage Future.

Payroll 59
article thumbnail

PwC offering assurance on AI systems

Accounting Today

Big Four firm PwC announced it can now provide assurance on AI systems to see if they've been designed and operated responsibly.

Auditing 165
article thumbnail

QBO & Apps: Diagnosing and avoiding integration nightmares

5 Minute Bookkeeping

Have you ever opened a clients QBO file after being assured everything was up to date only to find 5,000 uncategorized transactions, duplicated income, and an undeposited funds balance that makes your eye twitch? Youre not alone. App integrations promise to automate bookkeeping, but in practice, they often create more work. The cleanup becomes your responsibilitywhich is why it’s so important to understand QBO and apps, and how to diagnose and avoid integration nightmares.

article thumbnail

Private sector added just 37K jobs in May

Accounting Today

Private sector employment increased by only 37,000 jobs in May, down from a revised figure of 60,000 in April, while annual pay increased 4.5% year over year.

Payroll 165
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

Sage Intacct AI-powered Innovations Will Deliver More for SMBs

Insightful Accountant

Sage, a leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs), at its flagship event, Sage Future, announced how Sage Intacct will leverage AI, automation, and deep industry insights.

Payroll 52
article thumbnail

CrowdStrike says DOJ, SEC sent inquiries on firm accounting

Accounting Today

U.S. officials have asked for information related to the accounting of deals that the cybersecurity firm has made with some customers.

article thumbnail

Lavaca Medical Center Boosts Revenue Cycle Operational Efficiency Amid an EHR Upgrade

SSI Healthcare Rev Cycle Solutions

Lavaca Medical Center Boosts Revenue Cycle Operational Efficiency Amid an EHR Upgrade Home / CLIENT Lavaca Medical Center , located in Hallettsville, Texas , is a full-service critical access hospital delivering imaging, outpatient, skilled nursing, and other healthcare services. As a cornerstone provider in its community, Lavaca serves a dispersed regional population with limited access to larger health systems.

article thumbnail

M&A Watch: PE fuels more deals

Accounting Today

Carr, Riggs & Ingram expands into East Texas, while UHY continues its growth in St. Louis, and Prosperity enters Vermont.

130
130
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

Sage Future Reveals Sage X3 Copilot Capabilities

Insightful Accountant

Sage, the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs), today announced the launch of Sage Copilot for Sage X3.

Payroll 52
article thumbnail

Understanding the Role of Accounting Firms in Vancouver's Business Ecosystem

Acton Accounting & Bookkeeping

Understanding the Dynamics of Vancouver's Business Ecosystem Vancouver's vibrant business ecosystem is a dynamic tapestry of innovation, growth, and opportunity. As a hub for small to medium-sized enterprises (SMEs), the city is home to a diverse array of industries, from burgeoning technology startups to established real estate firms. This diversity is a key driver of economic vitality, but it also presents unique challenges for business owners striving to maintain financial stability and compl

article thumbnail

So, What's Your Content Preference?

Insightful Accountant

Okay, this is your opportunity to tell us what you want in the way of content and how you want to receive it. If you have 2 minutes, do we have a survey for you.

52
article thumbnail

The authenticated AWS Pricing Calculator is now generally available

AWS FinOps

This blog was made better by Som Chatterjee, Software Development Manager, AWS Today, were excited to announce the general availability of the authenticated AWS Pricing Calculator in the AWS Billing and Cost Management Console. The new capability improves the accuracy of cost estimates for new workloads or modifications to your existing AWS usage by incorporating eligible discounts and commitment savings.

Billing 52
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

A Good Team Might Be The Most Important Thing Of All

Future Firm

Stepping away from your business isnt easy. Discover why having the right team in place makes all the difference. The post A Good Team Might Be The Most Important Thing Of All appeared first on Future Firm.

article thumbnail

From San Diego to Your Organization: Latest AWS Announcements for FinOps X 2025

AWS FinOps

While San Diegos famous June gloom may have given FinOps attendees overcast skies, the energy inside the FinOps X conference was anything but gloomy. Within just 2 days, we engaged in many insightful conversations. As a return, the AWS Cloud Financial Management team have brought with us several feature enhancements that will bring more sunshine to your day-to-day FinOps life.

FinOps 52
article thumbnail

How a Global Tech Manufacturer Is Reconfiguring Its Supply Chain To Mitigate Tariff Disruption

GEP - Accounts Payable

How a Global Tech Manufacturer Is Reconfiguring Its Supply Chain To Mitigate Tariff Disruption priyanka.katke Wed, 06/04/2025 - 22:29 When the U.S. imposed a 25% tariff on Mexican imports, a global high-tech manufacturer had no time to lose. With most of its high-value goods flowing from Asia through Mexico into the U.S., margins were at risk and market continuity was on the line.

52
article thumbnail

SOC 2 Compliance Checklist That Every Organization Should Follow

Ace Cloud Hosting

Many businesses fail to meet SOC 2 requirements because they don’t clearly understand what needs to be done and lack a proper plan. This leads to errors, confusion, and security.

40
article thumbnail

How To Overcome Change Fatigue In Finance With Neuroscience-Backed Strategies

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

Tax bill adds $2.4T to deficits, CBO says

Accounting Today

Prospects for an even more dire U.S. fiscal trajectory threaten to stoke concerns about the bill among GOP fiscal hawks.

Billing 130
article thumbnail

House SALT deal must change, Senate leader says

Accounting Today

The deal that led the House to increase the maximum deduction for state and local taxes to $40,000 is not set in stone in the Senate.

Tax 130
article thumbnail

Elon Musk urges Americans take action to 'kill' Trump tax cut bill

Accounting Today

The post came one day after Musk lashed out at the tax bill, describing it as a budget-busting "disgusting abomination" as Republican fiscal hawks stepped up criticism of the massive fiscal package.

Billing 162
article thumbnail

Trump bill unlikely to repeal estate tax, Senate leader says

Accounting Today

Senate Republican Leader John Thune has been a vocal critic of the 40% estate tax paid by the wealthiest U.S. individuals when they die.

Tax 230
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.