Wed.Jan 10, 2024

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Velocity Hacks: How to Work Smarter, Not Harder

Intuit

In today’s fast-paced world, the rate of change might feel like being on a busy freeway or chasing the speed of light. At work, we need to keep up with the rapid (and constant) advancements in technology, making it difficult to maintain a balance between being efficient and delivering quality results. And we’ve become conditioned to expect speed and quality outside of work, too.

Auditing 323
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IRS move narrowing access to tax data sparks lender outrage

Accounting Today

The agency plans to restrict access to a system that provides borrower tax returns to mortgage lenders beginning June 30. Left out of the loop, small-business lenders say getting credit to borrowers will become more difficult as a result.

Tax 313
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The Power of Collaborating with Client Accounting Services for Business Growth

Accounting Department

Business growth is a key objective of any entrepreneur, but it is not always easy to achieve. There are many components, including having the appropriate financial infrastructure in place. This is where outsourced client accounting services come in.

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Global firms face radical tax changes if minimum levy bites

Accounting Today

The global 15% minimum tax will deliver a significant boost to government revenues and reshape the landscape for multinationals that shift profits around the world.

Tax 285
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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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Best Laptops for CPAs and Accountants this Tax Season

Ace Cloud Hosting

During tax season, CPAs face numerous responsibilities; as they deal with clients directly, they must ensure a proper workflow. A laptop should have all the features that enhance work flexibility.

Tax 111
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Paper processing still a major problem for IRS: NTA

Accounting Today

Responses times for tax professionals are also a problem, according to the National Taxpayer Advocate's Annual Report to Congress.

Tax 300

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Green tax promoter gets 25 years in $1.4B fraud case

Accounting Today

Jack Fisher, 71, pioneered an industry that gave inflated tax deductions to syndicates of investors who promised not to develop land.

Tax 300
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Amazon Q – GenAI for Work

Ace Cloud Hosting

Have a Question? Why not ask your new AI assistant, Amazon Q(uestion)? On Nov-28th, 2023 at Amazon Web Service’s (AWS) yearly conference, ‘the re:Invent 2023’, Amazon unveiled Amazon Q. This.

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AICPA & CIMA to recognize accounting educators

Accounting Today

The AICPA & CIMA have begun accepting nominations for their EDGE in Teaching Awards and Distinguished Achievement in Accounting Education Awards.

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XBRL Filing for Companies in Singapore

Counto

XBRL Filing for Companies in Singapore In Singapore, companies are required to file their financial statements in XBRL (eXtensible Business Reporting Language) format with the Accounting and Corporate Regulatory Authority (ACRA). This standardised language streamlines financial reporting and analysis, benefiting both companies and regulators. In this blog post, we will explore XBRL filing, its requirements, and its benefits for companies in Singapore.

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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

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Liberty Tax to pay $750K over 'cash in a flash' promises

Accounting Today

The Washington, D.C., Attorney General's office accused the tax prep chain of illegally overcharged thousands of residents and misleading consumers.

Tax 226
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Your Words Matter

Future Firm

How others perceive you and your firm can be impacted by your choice of words. Discover which words you should and shouldn't use. The post Your Words Matter appeared first on Future Firm.

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Cybersecurity for CPAs: Don't stop adapting

Accounting Today

In this month's cybersecurity for CPAs, we look at a small firm whose cybersecurity was not keeping up with the times.

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What is Absentee Payroll in Singapore? How to Apply

Counto

What is Absentee Payroll in Singapore? How to Apply In Singapore, businesses have a unique opportunity to invest in the development of their workforce through the Absentee Payroll (AP) scheme. This government initiative, administered by the Singapore Workforce Development Agency, aims to partially cover the manpower costs associated with sending employees for training or workshops.

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Your New & Improved Month-End Close Process Is Not So Far Out of Reach!

All accounting teams know what it is like to dread the inevitable month-end scaries. If there was a way to feel less burdened and maybe even a little enthusiastic to work on your month-end close and reconciliation process, would you do it? No, don't answer that, of course you would! Automate your month-end close process by up to 40% with SkyStem's ART and see how much more alive you feel!

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Illinois CPA Society hosts 41 internship prep scholars

Accounting Today

The Illinois CPA Society and its affiliated CPA Endowment Fund of Illinois recognized the 12th and largest group of young people to date to complete its Mary T. Washington Wylie Internship Preparation Program.

CPA 183
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Why Accounting Firms Buy Workflow Management Software

Jetpack Workflow

Accounting workflow management software is not a new technology to the industry. Yet, there are hundreds of firms who have yet discovered the value this software plays into getting their work done on time, every time. Even growing services and departments like client accounting services (CAS) are often just discovering that a beneficial tool exists for them to utilize!

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The best accounting software for small biz, and other tech stories you may have missed

Accounting Today

Plus, more 'best of' lists, talking to ChatGPT, and other things that happened in technology this past month.

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Crypto 101 for Accountants and Bookkeepers | Webinar Archive

Insightful Accountant

Cryptocurrency is continually evolving, that's why you need an expert who can not only understand the landscape but anticipate where it’s heading. Check out the archive of January 2023's Crypto 101 for Accountants and Bookkeepers webinar to find out!

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The Definitive Guide to Spend Management

The status quo for AP in small and mid-market companies is broken. It consists of messy tech stacks of siloed solutions that give rise to manual work, a lack of control, wasted spend, and unnecessary risks. The benefits of shifting to spend management are tangible, measurable, and are felt across the whole organization. Spend management is a different way of thinking and an innovation whose time has come.

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Hochul rejects New York tax hikes, touts NYC housing breaks

Accounting Today

Governor Kathy Hochul called for a new tax break to promote affordable housing and increase support for fighting crime in New York City.

Tax 171
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Multicurrency In QuickBooks Desktop | Webinar Archives

Insightful Accountant

Esther is the "go to" person for Multicurrency in QuickBooks and has "written the book", literally, on Multicurrency in QuickBooks Desktop. Check out the archive of January 2023's Multicurrency In QuickBooks Desktop webinar to find out more!

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What accountants and their clients should know about life insurance

Accounting Today

What you don't know can hurt you as it pertains to your clients as well as your own life insurance portfolio.

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QB Talks January - QuickBooks Enterprise 23.0 | Webinar Archives

Insightful Accountant

Insightful Accountant loves delivering informative and educational content to help professionals stay up-to-date with the latest advancements in QuickBooks. Check out the archive of January 2023's QB Talks: QuickBooks Enterprise to find out more!

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Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

Speaker: Carolina Aponte - Owner and CEO, Caja Holdings LLC

In today's rapidly changing business environment, building a resilient balance sheet is crucial to the survival of any business. A resilient balance sheet allows a company to withstand financial shocks and adapt to changing market conditions. To achieve this, companies need to focus on key strategies such as maintaining adequate liquidity, managing debt levels, diversifying revenue streams, and prioritizing profitability over growth.

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PKF O'Connor Davies merges in Robert Philipson

Accounting Today

The deal will deepen PKFOD's private client services offering.

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Construction Firm Ensures Lean Operations with AvidXchange

AvidXchange

How Full-Service Commercial Construction Firm Massaro Construction Group Uses AvidPay Purchase-to-Pay AP Solution for Invoice Processing Founded in 1967, Massaro Construction Group (MCG) is a privately held commercial construction company that offers a complete spectrum of construction services, including general contracting, construction management and 24/7 emergency response services.

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Mailchimp API: The Gateway to Advanced CRM and Marketing Excellence

Nanonets

Mailchimp as a CRM In the digital marketing world, Mailchimp is renowned for its robust email marketing capabilities and user-friendly interface. It has over 600,000 customers, over 50% of which are based outside the United States, and it is one of the top marketing automation platforms in the market. However, beyond its core features, Mailchimp also offers advanced functionalities through its API key and serves as a versatile Customer Relationship Management (CRM) platform.

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Share Certificates for Companies in Singapore

Counto

Share Certificates for Companies in Singapore In the realm of business ownership, share certificates play a pivotal role in establishing ownership and proving a stake in a company. For companies in Singapore, understanding the intricacies of share certificates is essential. In this comprehensive guide, we delve into the world of share certificates, shedding light on their purpose, contents, issuance, and more.

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Putting the ‘Tech’ in Spend Management Techniques

Speaker: Wayne Spivak, President and CFO of SBA * Consulting Ltd., Industry Writer, Public Speaker

If you’re lost in the world of spend management needs and your GAP analysis is lacking perspective on the future state of your business performance, listen up! With the advancement of technology, the implementation of spend management best practices and concrete GAP analyses is more streamlined and accessible than ever before. And while this may sound like great news for you and your clients, it won’t be worthwhile unless you have the latest techniques to back up your ambitions!

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Full Cycle Accounts Payable Process

Tipalti

The accounts payable process handles vendor and supplier payments for products or services purchased by a company. Learn the ins and outs of the full cycle AP process.

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Record Keeping Requirements for New Businesses in Singapore

Counto

Record Keeping Requirements for New Businesses in Singapore For new businesses in Singapore, proper record-keeping is not just a good practice—it’s a legal requirement. Maintaining accurate and organised records is crucial to ensure compliance with tax obligations, manage finances effectively, and provide transparency in your company’s financial affairs.

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Deep Dive into Monday.com and Its Powerful Integrations and Customizations

Nanonets

Introduction Monday.com is a versatile platform in the world of project management and team collaboration, designed to boost productivity, transparency, and efficiency. It’s used by thousands of companies to build structures, collaborate with customer teams, and get various types of tasks and projects done.  Monday.com also offers several integrations: APIs, automations, features that supercharge its functionality and tailor its capabilities to meet the unique needs of each user.

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Open Invoice

Tipalti

What is an open invoice and what role does it play in a company’s accounting cycle? Learn about the importance of open invoices in tracking cash flow.

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Book of Secrets for the Month-End Close

Developing a consistent month-end close doesn’t need to be a mystery. We’re sharing our top 10 secrets (plus one bonus!) for streamlining your close.