Mon.Dec 02, 2024

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Why Real-Time Bookkeeping is Essential for Modern Businesses

Less Accounting

In today’s fast-paced business environment, making informed decisions quickly is more critical than ever. Real-time bookkeeping, which provides up-to-date financial information at the click of a button, has become an indispensable tool for modern businesses. Gone are the days of waiting until month-end or quarter-end to see how your business is performing.

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How to Handle Sudden Staff Turnover in Your Accounting Firm

accountingfly

Did you just lose a key staff member? Sudden staff departures can feel like a crisis, especially when deadlines are looming. In the latest Accounting Talent Podcast , Jeff Phillips and Rob Brown tackle this pressing issue with a practical, step-by-step guide to help your firm navigate the next 30 days and secure a suitable replacement quickly. Drawing on years of experience in the job board and staffing industries, Phillips shares how to turn setbacks like these into opportunities.

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Intuit Appoints Thomas Ranese as CMO

Intuit

For over 40 years, Intuit has worked to find new, innovative ways that technology can solve our customers’ most important financial problems. In this era of artificial intelligence, our global AI-driven expert platform strategy will revolutionize the customer experiences we deliver around the globe. To realize the opportunity in front of us, we must continue to evolve our commercial strategy to go to market as a platform, embracing AI to better understand our customers, personalize their journe

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Macy's Thanksgiving Accounting Mystery

Cloud Accounting Podcast

Blake and David examine the mysteries and motives surrounding the recent Macy's accounting scandal, where a single employee allegedly concealed $132-154 million through improper accrual entries. They also examine Trump's proposed 25% tariff plan on imports from Mexico and Canada (plus an additional 10% on China), discussing its potential impact on American businesses and consumers.

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You upgrade everything else. Why not your close process?

You wouldn’t keep using a 2009 flip phone - so why settle for outdated close processes? It’s time for an upgrade. SkyStem's Guide to Month-End Close Software walks you through what today’s best tools can do (and what your team shouldn’t have to deal with anymore). Get smart, fast, and a whole lot less stressed when it’s time to close the books.

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8 Best Banks for Small Business in Florida

Fit Small Business

We compared dozens of banks and chose these eight as the best banks in Florida for a small business. To qualify for this list, banks had to have physical locations in the state of Florida. Then, we ranked them based on the quality of the business checking products offered, including other business products and services. The post 8 Best Banks for Small Business in Florida appeared first on Fit Small Business.

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The best and worst states for taxes in 2025

Accounting Today

States that do not assess the major taxes are more competitive than states with complex taxes with high rates.

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Practice Profile: Dreaming up a better tax season

Accounting Today

Al-Nesha Jones envisioned a better busy season, and made it happen at her ASE Group

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Don’t Be a Victim of Cyberattacks This Holiday Season

Ace Cloud Hosting

There is never a good time for cyberattacks to occur. However, any cyberattack on your business process during the holiday season could reap disastrous results. This is because, during the.

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Slow down on that SLAT. Here are some of the risks

Accounting Today

The tax advantages and a degree of flexibility have added to the appeal of spousal lifetime access trusts. But they aren't a fit for everyone.

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IRS Announces New 1099-K Reporting Thresholds for 2024-2025

Insightful Accountant

In a significant development for tax practitioners and their small business clients, the IRS has established new transitional thresholds for Form 1099-K reporting through Notice 2024-85.

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Precision in Motion: Why Process Optimization Is the Future of Manufacturing

Speaker: Jason Chester, Director, Product Management

In today’s manufacturing landscape, staying competitive means moving beyond reactive quality checks and toward real-time, data-driven process control. But what does true manufacturing process optimization look like—and why is it more urgent now than ever? Join Jason Chester in this new, thought-provoking session on how modern manufacturers are rethinking quality operations from the ground up.

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Taxes and the 'amateur athlete'

Accounting Today

Court decisions have opened up a whole new world of tax worries for college athletes.

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Maximize Efficiency with QuickBooks Online Accountant’s 8 Prep for Taxes Features

Insightful Accountant

Tax season is a big challenge for all accountants. You need to get information from clients, clean up their books, carefully review data, and export and/or check trial balances. “Busy season” is accurate.

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Looking back with Barry Melancon

Accounting Today

On the eve of his retirement, AICPA chief Barry Melancon looks back at how the institute – and the accounting profession – have changed over the past 30 years.

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We Messed Up—Here’s What We Did to Make It Right

CSI Accounting & Payroll

Accounting and payroll services have the potential to make thousands of mistakes. Our company is no different! Weve worked with small business finances for nearly 60 years, meaning weve made nearly 60 years worth of mistakes.

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AI In Accounting: A Practical Roadmap For Smarter AP

Speaker: Gerald Ratigan

The accounts payable (AP) function is evolving and AI is leading the charge. As finance teams face rising invoice volumes and expectations for speed and accuracy, AI-powered automation has shifted from a futuristic concept to the most practical solution. But for finance leaders, success isn’t just about selecting the right tools, it’s about implementing the right strategy.

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Small firms must balance budget and ambition on AI

Accounting Today

Small firms can't drop billions on custom AI systems, but there are still ways to leverage the tech without breaking the bank.

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Extended 2025 ProAdvisor Nomination Deadline Approaching

Insightful Accountant

December 10th is the 'Extended Deadline' to nominate a ProAdvisor. There's still time to nominate a deserving U.S. or International ProAdvisor for the 2025 Awards.

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Financial Accounting Foundation executive director to retire

Accounting Today

John Auchincloss will retire in September 2025 from the FAF. The search for his successor will begin immediately.

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Aprio Releases 2025 Technology Outlook

Insightful Accountant

Aprio tech outlook outlines key trends that will influence investment in the tech sector during 2025.

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Stop Budget Burnout: A Better Way to Grow Your Nonprofit in 2026

Speaker: Sean Yoder

Nonprofits are under more pressure than ever to demonstrate financial accountability while continuing to expand their impact. Traditional budgeting models often fall short, reinforcing silos, limiting flexibility, and stalling growth. Enter collaborative budgeting: a dynamic, team-driven process that enables smarter resource allocation and builds financial resilience at scale.

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Super Micro finds no evidence of fraud, will replace CFO

Accounting Today

The investigation determined that "the conclusions EY stated in its resignation letter were not supported by the facts examined in the review.

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Dec 2, Do you need a compilation engagement report?

Bookkeeping Essentials

Whether you're a bookkeeper or small business owner, how do the CPA standards for compilation engagement reports affect you? NTR is now CER.

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Art of Accounting: Stanley Goldstein's early reflections on Barry Melancon

Accounting Today

Barry had an extraordinary career with great achievements leading the accounting profession forward and into a bright-looking future.

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Insights on Business Valuation and M&A with John Martinka

Insightful Accountant

In this episode of the Accounting Insiders podcast, Gary DeHart interviews John Martinka, co-founder of Nokomis Advisory Services, about key strategies for small businesses in the M&A sector.

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

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Ex-bank CEO's tax scandal bill raised to €5.6M by top court

Accounting Today

Germany's top criminal court almost doubled the amounts of illicit profits a former chief executive officer of a defunct bank and other ex-managers must repay.

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Biden pardons son Hunter in reversal with weeks left in term

Accounting Today

Biden justified the pardon on tax and gun charges and more by saying that the case against his son was politically tinged, excessive and designed to break him.

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