Mon.Aug 14, 2023

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BDO to create ESOP with $1.3B credit deal

Accounting Today

It's not a private equity deal, says CEO Wayne Berson — it's private credit to realign the firm's debt and fund a powerful benefit for its employees.

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Summit 2023 - AI Session and Hanging on the Expo Floor

Fidesic blog

We are excited to be back at Summit NA in Charlotte and can’t wait to meet up with the network IRL. Booth #1646, We’ll be at the expo all 3 days!

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Demystifying AI

Accounting Today

There is going to be a big gap between accountants who use artificial intelligence and those who don't, says Randy Johnston.

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ADC's Bill Gerber Inducted into the Marquis Who's Who Biographical Registry

Accounting Department

We are proud to announce that ADC co-founder, Bill Gerber, has been inducted into the prestigious Marquis Who's Who Biographical Registry!

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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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TIGTA finds 'significant' lapses in IRS microfilm storage

Accounting Today

Taxpayer information in this format isn't being safeguarded properly, according to a new report.

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Document Management Trends: Navigating the Future of Organization and Efficiency

LedgerDocs

The digital landscape is shifting rapidly as many businesses move aspects of their operations online and document management is no exception. The way businesses manage important documents is undergoing a transformative shift. Document management was once synonymous with filing rooms and cabinets filled with disorganized paper clutter, but has now turned into a dynamic field of opportunity powered by technological innovation.

More Trending

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IRS Set to Go Paperless by 2025

Insightful Accountant

The Internal Revenue Service says its new Paperless Processing Initiative will cut processing times in half and expedite refunds by several weeks.

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Art of Accounting: Client advisory services goldmine

Accounting Today

Most of your clients need added services. Your ability to capture those revenues will depend on your ability to show the client the value they will receive.

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12 Benefits of an Agile Billing Model Explained

Billing Platform

Traditionally, billing functioned in the back office, and automating its tasks was a low priority. While this is still true for some companies, a growing number of businesses are making billing automation a priority. In fact, if you want to grow your business (and what company doesn’t) an agile billing model and billing process automation are a necessity.

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LeaseQuery acquires Stackshine

Accounting Today

LeaseQuery announced it has acquired SaaS spent management platform Stackshine.

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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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3 Accounting Checkups for Your Dental Practice

CSI Accounting & Payroll

How healthy is your dental practice? Just as you advise patients to schedule regular checkups to maintain a healthy smile, you should also schedule financial checkups for your business. CSI Accounting & Payroll has worked with dental practices like family dentists, orthodontists, and pediatric dentists for over 50 years, so we know your industry's unique financial needs.

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Attention audit committees: The PCAOB has some new tasks for you

Accounting Today

The suggestions in board chair Erica William's recent Wall Street Journal op-ed could have troubling ramifications for auditors and their clients.

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QB Talks: What It Takes to Make the Top 100 ProAdvisors

Insightful Accountant

On Wednesday, Aug. 16, at 2 p.m. (EST), Gary and Murph hear what list-makers say it takes to make the Top 100 ProAdvisor list, earn the categorical ProAdvisor awards, and get all the way to the ProAdvisor of the Year.

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New pricing models & tracking time aren't mutually exclusive

Accounting Today

Subscription and value-pricing models may mean you stop billing by the hour, but they don't mean you have to stop knowing what staff are doing.

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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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Parental leave and annual holidays – what you need to know

Ontrack Bookkeeping

An employee’s time on parental leave is included as continuous service and taking parental leave does not affect entitlement to annual holidays. Employees who take parental leave will still become entitled to a minimum of four weeks of annual holidays on the anniversary of their employment start date. However payment for annual holidays that an employee becomes entitled to: during parental leave, or during a period of preference after parental leave, or in the 12 months after the employee

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Botkeeper announces "humanless" version

Accounting Today

Accounting and bookkeeping automation solutions provider Botkeeper announced the "humanless" version of its core product.

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Earmark Media Presents: Oh My Fraud

Cloud Accounting Podcast

Today, we have a special bonus episode from our sister podcast, Oh My Fraud. Hosts Caleb Quist and Greg Kite speak with Nathan Mueller in this episode. As a young person, Nathan was hyper-focused on wanting to make money, which led him to perpetuate an $8 million embezzlement scheme in the mid-2000s. Caleb and Greg questioned Nathan about the fraud, his time in prison, and his new job as. an accountant!

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The impact of outside investment in accounting

Accounting Today

The real challenge is that money from outside the profession is putting accountants into their 'discomfort zone.

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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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Best Practices for Digital Upskilling Programs

AvidXchange

Creating an autonomous finance function is a priority for many CFOs. By implementing cutting-edge technologies, finance departments can deliver real-time reporting and insights to help solve problems and inform business decisions. Autonomous finance can also help create valuable efficiencies amidst today’s economic headwinds and tight labor market. While investing in technology is no doubt beneficial for finance teams, without the proper digital skills, employees may not be able to take full

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Jumio

Tipalti

Tipalti automated the monitoring of pending POs and invoices while identifying any potential problems or mismatches—saving the Jumio finance team a significant amount of time.

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Managing Cloud Cost Integration During A Merger Or Acquisition

CloudZero

Merging two companies into one comes with several challenges. One of the most formidable endeavors is maintaining control over cloud costs while a cloud-to-cloud integration — essentially, taking the cloud environments of two companies and combining them into one — is taking place.

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How to Find Vendors

Tipalti

Finding the right vendors for your business can be a daunting task. Learn how to pick out the best vendor fit with this comprehensive article on strategic vendor selection.

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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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The Importance of Employee Time Records in 501cs

Insightful Accountant

Hour Timesheet and Clockwise co-founder Debbie Sabin answers the age-old question on whether employees in nonprofits should keep time records. Check out her answer.

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ICFJ

Tipalti

With new tools and techniques, ICFJ provides its network with crucial resources that inspire them to find unique solutions to the challenges they face every day.

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Unlocking the Power of Outsourcing in Accounting

Insightful Accountant

Join a panel of accounting professionals who will discuss the benefits of outsourcing some of your practice tasks. Find out how to sign up for the Aug. 17 webinar.

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Cash Flow Calculator

Tipalti

Use our Paypal Fee Calculator to quickly and accurately calculate your Paypal fees for any transaction. Save time and avoid errors with Tipalti's calculator.

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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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The Complete Guide to Optimizing Datadog Costs

finout

Learn how to optimize your Datadog cost with our expert tips and tricks. Discover strategies for reducing data ingestion, optimizing retention, and more.

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Top 100 2024 Certification Clues: QuickBooks Desktop

Insightful Accountant

In Part 8 of Murph's "Clues about the Top 2024 Process," he discusses QuickBooks Desktop Certification and the 2023 stats relating to it.

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Create Music Group

Tipalti

With Tipalti, Create Music Group found a solution that seamlessly integrated with their ERP, NetSuite, while ensuring optimum data accuracy.

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PCAOB hits multiple firms with sanctions

Accounting Today

The board continues its aggressive approach to oversight, announcing several hundreds of thousands of dollars in penalties on several auditors in a single week.

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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.