Tue.Aug 01, 2023

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Audit fees triple in 20 years

Accounting Today

At the same time, the number of companies reporting their audit fees has dropped roughly 20%.

Auditing 246
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Your accounting career options are broader than you think

Intuit

Kristen Steffen, a tax expert with TurboTax Live, who works remotely from Apex, North Carolina, has been on the Intuit team since 2021. She started her career at a Big Four accounting firm, but eventually realized the Big Four couldn’t match the work-life balance Intuit provides its employees. Big Four: A dream job unfit for me I worked hard to earn a master’s degree, and I parlayed that into a fantastic offer from a big accounting firm.

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Paving the way for a wealth tax?

Accounting Today

The Supreme Court will hear Moore v. U.S., a case involving taxation of unrealized income that experts suggest could have major ramifications.

Tax 246
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Healthcare Accounting Services Provide Security for Your Practice

CSI Accounting & Payroll

More and more medical groups, including small practices and home healthcare, are outsourcing accountants for expanded services. Why? Regardless of how small it is, a medical practice is a business and needs to turn a profit to operate and grow. However, not all accountants or forms of accounting are created equal. Finding the right fit for your practice is a crucial step in the process.

Payroll 98
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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But 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. 🗻 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. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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Small-business wage and job growth slowed in July

Accounting Today

Hourly earnings growth for small business employees declined 0.07% to 3.95% and fell below 4% for the first time in more than two years, while hiring also moderated, according to Paychex.

Payroll 246
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QB Talks is All About Top 100 from Our List-makers

Insightful Accountant

Join Murph and Gary on Wednesday, Aug. 16, at 2 p.m. (EST) as they visit with members of the 2023 Top 100 and Categorical Awards.

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The Ultimate Guide To Google Kubernetes Engine (GKE) Pricing

CloudZero

Google Cloud released Google Kubernetes Engine (GKE) as a commercial version of native Kubernetes (K8s). GKE promises a user-friendly, reliable, and cost-effective service. Yet, calculating GKE costs can be daunting, including how to understand what you're paying for and how to maximize your return on investment.

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Accountants' global confidence shaky in Q2

Accounting Today

Economic confidence among accountants in North America grew in the second quarter, but declined in other parts of the world.

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Types of business entities

Accounting Tools

Related Courses C Corporation Tax Guide Partnership Tax Guide S Corporation Tax Guide Types of Business Entities There are several types of business entities, each designed for different situations. The type of entity chosen has a significant impact on the taxes paid and the amount of investors’ personal assets placed at risk. The primary types of business entities are as follows, along with their advantages and disadvantages.

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In the blogs: Retention tension

Accounting Today

Little steps with tech; getting rid of clients; cuts and holidays; and other highlights from our favorite tax bloggers.

Tax 100
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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.

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Financial statement assertions

Accounting Tools

Related Courses How to Conduct an Audit Engagement How to Conduct a Compilation Engagement How to Conduct a Review Engagement What are Financial Statement Assertions? Financial statement assertions are claims made by an organization's management regarding its financial statements. The assertions form a theoretical basis from which external auditors develop a set of audit procedures.

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M&A roundup: CLA, UHY, Withum, RKL and Anglin expand

Accounting Today

CliftonLarsonAllen acquires Frost & Co.; UHY combines with Bigelow & Co.; Withum acquires TMDG and PBMares practices; RKL eSolutions buys CPA Technology; and Anglin Reichmann Armstrong merges in Adamson + Co.

CPA 100
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How to Package Your Bookkeeping Services [6 Simple Steps]

Jetpack Workflow

Packaging your bookkeeping services gives you a focused way to scale and grow your firm. And creating internal processes is easier when you’ve clearly defined your offerings rather than delivering something unique for each client. However, figuring out how to structure your packages to avoid overcomplicating your service offerings and confusing prospective clients is challenging.

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Are you feeling the squeeze?

Ontrack Bookkeeping

It seems like the perfect storm has hit, with rising interest rates and inflation soaring. As a result, households are dealing with higher borrowing costs, leaving them with less disposable income to spend. And that means businesses are feeling the pinch. To make matters worse, staff shortages are adding to the pressure. Retail sales decline affects all businesses.

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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.

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Accounting Services: Their Long-Term Effects on Your Bottom Line

Billah and Associates

Discover the long-term effects of professional accounting services and how they can positively impact your business’s financial health. From tax planning and payroll processing to bookkeeping and debt recovery, hiring a trusted accounting service provider in Mississauga offers five key benefits that help optimize your financial strategies and save valuable time.

Payroll 52
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Meet Top 100 ProAdvisor Jacqueline Edwards

Insightful Accountant

In the first of our spotlights of the Insightful Accountant 2023 Top 100 ProAdvisors, we sit down with Business Pipeline's Jacqueline Edwards. See how she continues to stay on top of her game.

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Impact of unpaid invoices and how to dramatically reduce them

Plooto

Late and unpaid invoices can have a detrimental impact on your business if left unchecked. It affects your cash flow, reduces capacity for growth, and increases stress.

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Omar Visram on Leveraging People, Processes and Technology

Insightful Accountant

On the latest episode of Accounting Insiders, Insightful Accountant's Gary DeHart and Enkel Backoffice Solutions' Omar Visram discuss how his company continues to drive AP as a service—and more.

AP 52
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8 Pillars of Leadership Development

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.

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How to Package Your Bookkeeping Services [6 Simple Steps]

Jetpack Workflow

Packaging your bookkeeping services gives you a focused way to scale and grow your firm. And creating internal processes is easier when you’ve clearly defined your offerings rather than delivering something unique for each client. However, figuring out how to structure your packages to avoid overcomplicating your service offerings and confusing prospective clients is challenging.

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Whats New in QBO: Receipt Capture for QuickBooks Checking

Insightful Accountant

If you are using QuickBooks Checking and the QuickBooks App on your mobile device, real-time receipt capture is just a snap away.

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Dext awarded Best Accounting Cloud-Based Software Company at the 2023 SME News IT Awards

Dext

Dext has been named the ‘Best Accounting Cloud-Based Software Company’ at the SME News IT Awards 2023. The SME News IT Awards recognise the contributions and achievements that have been displayed in the IT sector over the past year. Considering both innovation and success, the awards acknowledge the contributions of companies across the sector.

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How to use invoice imaging to automate accounts payable processing

Nanonets

Invoice imaging isn't a futuristic technology straight out of Star Wars anymore. Most of us have scanned a QR code or used Google Lens OCR capabilities to translate street signs in real time. The recent advancements in AI and ML have made invoice imaging software much more robust, enabling AP teams to automate some of the most tedious aspects of the accounts payable processes.

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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The Definitive Guide For Kubernetes Namespace

CloudZero

Using Kubernetes to manage containerized applications has its fair share of challenges. One of those challenges is managing complexity. Using namespaces can help minimize that complexity.

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What is Internal Audit Automation?

Nanonets

Internal audits play a crucial role in assessing a company's internal controls, corporate governance, and accounting processes. These audits are essential for ensuring compliance with laws and regulations, as well as maintaining accurate and timely financial reporting and data collection. However, the traditional internal audit process is often time-consuming, redundant, and prone to reporting inaccuracies and errors.

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Exchange rate definition

Accounting Tools

Related Courses Corporate Cash Management Treasurer's Guidebook What is an Exchange Rate? An exchange rate is the ratio at which two currencies are traded. The exchange rate is comprised of a base currency and a counter currency. In a direct quotation, the foreign currency is designated as the base currency and the counter currency is the domestic currency.

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How is Artificial Intelligence Used in Auditing?

Nanonets

In the rapidly evolving world of auditing, innovative technologies have revolutionized traditional practices. Auditors are now increasingly embracing the agile auditing approach previously used in software development. Notably, artificial intelligence (AI) has emerged as a key disruptor, holding immense potential to reshape accounting and assurance professions.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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Cost behavior definition

Accounting Tools

Related Courses Activity-Based Costing Cost Accounting Fundamentals Financial Analysis What is Cost Behavior? Cost behavior is the manner in which expenses are impacted by changes in business activity. A business manager should be aware of cost behaviors when constructing the annual budget , to anticipate whether any costs will spike or decline. For example, if the usage of a production line is approaching its maximum capacity , the relevant cost behavior would be to expect a large cost increase

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No Code Automation

Nanonets

The creation of software applications has traditionally required coding expertise and knowledge of programming languages. However, a revolutionary approach known as "no-code automation" is transforming the landscape of application development. No-code eliminates the need for coding by offering intuitive tools and graphical interfaces that enable users to design and build applications without writing a single line of code.

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Coupon rate definition

Accounting Tools

Related Courses Accounting for Bonds Accounting for Investments Corporate Finance What is a Coupon Rate? A coupon rate is the interest percentage stated on the face of a bond or similar instrument. This is the interest rate that a bond issuer pays to a bond holder, usually at intervals of every six months. The current yield may vary from the coupon rate, depending on the price at which an investor buys a bond.

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Low Code Automation

Nanonets

Traditional software development methods often involve lengthy coding cycles and dependencies on specialized IT teams, resulting in time constraints, resource limitations, and a lack of agility. Low code automation platforms empower both IT professionals and non-technical users to build and automate applications, workflows, and processes with minimal coding requirements.

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How to Set Better OKRs and Drive Results

Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.