Wed.Feb 14, 2024

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Jeff Bezos reaps Florida tax benefit with $4B Amazon share sale

Accounting Today

Leaving Washington state, which in 2022 introduced a 7% tax on capital gains, could have saved Bezos $288 million in taxes after he unloaded $4 billion of Amazon.com stock in the past week.

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Strengthen Your Bottom Line: Manufacturing Cost Management Explained

Accounting Department

In the fast-paced world of manufacturing, where efficiency and innovation reign, understanding and managing costs are paramount to success. Cost management isn't a mere back-office function; it's what ensures your products remain competitive, your operations sustainable, and your company profitable.

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Cybersecurity for CPAs: Don't get complacent

Accounting Today

In this month's Cybersecurity for CPAs, a firm takes steps to make sure people still follow the safety rules they instituted during work for home.

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The 3 Keys to Scaling Efficiently for Forward-Thinking CFOs

Plooto

As a CFO, watching your business evolve and grow is an incredibly rewarding experience, but it also presents new challenges to overcome to keep that growth sustainable in the future. What worked for you and your finance team up to this point may not be enough to manage the complexities that come with continued growth. Your own role will also evolve as priorities shift and your responsibilities change with the nature, and scale of the business.

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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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GenAI in anti-fraud tech expected to triple

Accounting Today

Generative AI, which is already playing an outsized role in fraud, is also expected to play an at least equally large role in efforts to fight fraud.

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IDC MarketScape Names NetSuite a Worldwide Leader in SaaS and Cloud-Enabled Finance and Accounting Applications

Insightful Accountant

NetSuite has been named a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Mid-market Finance and Accounting Applications 2023–2024 Vendor Assessment.

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Sage Transform 2024 Headed Our Way

Insightful Accountant

Once again, Murph will be covering Sage Transform, the annual conference for the Sage Intacct community. This year, Sage Transform is being held in Las Vegas at the MGM Grand.

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IESBA proposes ethics changes for sustainability

Accounting Today

The International Ethics Standards Board for Accountants has proposed new rules to help auditors steer companies away from greenwashing.

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The Life of an Estimate in QuickBooks Online

Reconciled Solutions

It's simple to create an estimate in QuickBooks Online and convert it to an invoice. Find out how it works. The post The Life of an Estimate in QuickBooks Online appeared first on Reconciled Solutions.

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M&A roundup: PKF O'Connor Davies, Mowery & Schoenfeld, and Davies expand

Accounting Today

PKF O'Connor Davies added SuárezBaldomero; Mowery & Schoenfeld merged in Hochfelder & Weber; and Davies acquired Matson, Driscoll & Damico.

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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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How to Scale with Workflow, M&A, & Niching Down w/ Tammy Little

Jetpack Workflow

Podcast In this insightful episode of Growing Your Firm, host David Cristello, founder and CEO of Jetpack Workflow, welcomes Tammy D. Little , CEO and founder of the FTC Group. The discussion centers around Tammy’s journey from working as a controller/CFO for a large construction firm to launching her own firm, the FTC Group. Tammy shares her experiences in creating effective systems and processes for her business, as well as her strategies for team resourcing that includes both onshore a

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Navigating new terrain with multinational tax compliance

Accounting Today

The OECD's Pillar Two international corporate tax rules will impose significant new compliance obligations on midsize multinational enterprises.

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Why You Need More Than OCR

oAppsNet

Optical Character Recognition (OCR) technology has become a staple tool for converting scanned documents into editable and searchable text in digitization and document management. However, while OCR is undeniably useful, it has its limitations. This comprehensive guide will explore why you need more than OCR alone in your document management toolkit.

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Leave Your Ego at the Door

Future Firm

Ego can lead many firm owners away from their ultimate objectives. Check out how I was able to manage my ego and why you should too. The post Leave Your Ego at the Door appeared first on Future Firm.

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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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What is Covered Under the Employment Act? An Employer’s Guide

Counto

What is Covered Under the Employment Act? An Employer’s Guide The Employment Act in Singapore stands as a pivotal piece of legislation, safeguarding the rights and interests of employees in various work settings. It delineates the contours within which employers and employees interact, ensuring fair treatment and delineating responsibilities. Let’s delve into the details of who is covered under this Act and what it entails.

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How You Could Save 10+ Hours a Week By Automating Receivable and Payable Processes

Plooto

Accountants are innovators. In 1952, they were early adopters of IBM’s first large computer, using it for business applications like billing and payroll. By 1985, bookkeepers began to automate manual tasks with Microsoft Excel — and never looked back.

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What are GL Codes and how to assign them effectively?

Nanonets

In the world of business, keeping track of money matters is crucial, and that's where General Ledger Codes, or GL Codes, come into play. Think of these codes as the secret sauce that helps businesses organize their finances, making sure every dollar spent or earned is tracked accurately. GL Codes are not just about keeping things neat; they're about making smarter financial decisions, simplifying tax time, and ensuring your business runs smoothly.

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Out Of Balance: Countering The Crisis Of Accountant Burnout

Plooto

Finance professionals are experiencing an unprecedented exodus. Over the last two years, more than 300,000 U.S. accountants and auditors left their jobs — a staggering 17% decline​​.

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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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Kyle Turriff On Demystifying Digital Transformation: Key Components & Continuous Improvement

Insightful Accountant

Join Gary and Kyle in this insightful episode as they delve into Kyle's recent LinkedIn post, "Demystifying Digital Transformation.

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Member Spotlight: Bloom with Certifications

NACM

​The credit profession, like a flower, forms its intricate layers that contribute to the beauty and resilience of the financial ecosystem. From technological advances to relationship building, it is a profession that is ever-growing. By earning a certification through NACM's six-level Professional Certification Program, credit professionals acquire.

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