Thu.Jul 06, 2023

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BDO USA revenue increases 13.3%

Accounting Today

The firm reports a substantial revenue increase to $2.82 billion as it transitions from a partnership to a professional service corporation.

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The Last ERP System You'll Ever Need

Accounting Department

Every business owner loves growth. It's simple. But what's not so simple is if the business can handle growth. When businesses are operating on dated enterprise resource planning (ERP) systems, it's easy to outgrow and be throttled back on growth because of it.

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Engagement letters can save a practice

Accounting Today

Having a document that clarifies the work to be done keeps everyone on the same page — and out of court.

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Bookkeeping Document Checklist: Collect and Organize Your Financial Documents

LedgerDocs

Accurate record keeping can help you to remain organized, compliant and gain insight into the financial position of your business. It also provides your bookkeeper with all of the information they require to effectively manage your finances. But collecting and organizing these documents can be a daunting task. We have compiled a checklist of information to share with your bookkeeper: Business Documents: Business licenses and permits Employer Identification Number (EIN) Articles of Incorporation

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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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Tax Fraud Blotter: Shifty behavior

Accounting Today

Low-class mail; time to pay the check; closing curtain; and other highlights of recent tax cases.

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Xero's Inaugural Xero Beautiful Business Fund Aimed at SMB Owners

Insightful Accountant

The fund, being launched Aug. 23-24 in Sydney, gives small business owners a chance to win a better future for their companies.

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Intuit Releases June 2023 QuickBooks Small Business Index

Insightful Accountant

Small businesses with one to nine employees in the US created 23,200 jobs during June of 2023, an increase of 0.18%.

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Google got confidential tipoff from PwC in Australia tax breach

Accounting Today

PwC, which was advising the Australian government on incoming tax rules for multinational companies, told Google about the start date of the legislation.

Tax 130
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Mastering GCP Disaster Recovery with Async Replication

Economize

Explore how Asynchronous Replication can revolutionize your Google Cloud Platform (GCP) Disaster Recovery strategy, ensuring business continuity and robust data protection.

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Private sector added 497K jobs in June

Accounting Today

Job creation surged last month, especially in consumer-facing services.

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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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Mastering GCP Disaster Recovery with Async Replication

Economize

Explore how Asynchronous Replication can revolutionize your Google Cloud Platform (GCP) Disaster Recovery strategy, ensuring business continuity and robust data protection.

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IMA names new chair for FY 2024

Accounting Today

The institute has appointed Richard Brady, CEO of the American Society of Military Comptrollers, to chair its board for the year ending June 30, 2024.

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Your Client is First, You Come Second

Future Firm

When you focus on the client’s perspective first instead of yours, it can lead to better outcomes and reduced resistance. In this podcast episode, I discussed the importance of prioritizing clients over ourselves in business decisions. Listen Below. 0:45 – I aspire to create a business that safeguards your interests, goals, and dreams. Interestingly, in order to accomplish this, we must prioritize our own well-being alongside our clients. 1:08 – Our primary focus lies in examin

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M&A roundup: BPM expands, and more

Accounting Today

BPM combined with Fair, Anderson & Langerman; and Suttle & Stalnaker merged in Somerville & Co.

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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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Document Sorting using AI

Nanonets

Introduction Artificial intelligence (AI) is revolutionizing numerous industries, and one of the sectors enjoying immense benefits from its adoption is document management. Document sorting, a process once solely relegated to the realm of human labor, has been remarkably transformed by AI. This transformation has significantly boosted efficiency, accuracy, and scalability, allowing businesses to handle large volumes of data in a shorter time, while reducing manual errors.

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U.K. regulator sees improvement at biggest audit firms

Accounting Today

The U.K.'s Financial Reporting Council published its annual inspection and supervision results of the largest audit firms, and said it found signs of continued improvement.

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