Thu.Nov 07, 2024

article thumbnail

FOCUS 1.1 Now Available. Adoption Continues for Practitioners and Vendors.

FinOps Foundation

Key Insight: Version 1.1, the fourth release of the FOCUS Specification, is now available for cloud vendors and FinOps Practitioners to adopt. This version adds new Columns that deepen support for billing data generated by cloud service providers, giving Practitioners the ability to do more granular, multi-vendor analysis. The community can expect incremental releases roughly twice per year over the next several years as the Specification is expanded to support SaaS datasets and other technology

FinOps 130
article thumbnail

Using LinkedIn to Drive $500K+ in CAS Services w/Roman Villardd

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, host David Cristello welcomes Roman Villard, CPA , founder of Full Send Finance and co-founder of Full Send Design. The conversation kicks off with a focus on the importance of consistency in achieving success across various endeavors, including social media and business. Roman shares insights from his experiences on LinkedIn, where his consistent efforts have significantly increased awareness of his brand and services over the past year and

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

ADC Gets "Unbridled" at EO XCentric!

Accounting Department

Our final Entrepreneurs' Organization (EO) event of the year, EO XCentric, took place in Fort Worth last week and ADC's Shawn Marcum, fresh off of EO Alchemy, set out to Texas and spend some time with all of the great event attendees.

264
264
article thumbnail

IFAC names next president

Accounting Today

The International Federation of Accountants named its next president, deputy president, new board members and approved member organizations.

article thumbnail

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

article thumbnail

How to Optimise Payroll for Restaurant Staff and Shift Workers

Counto

How to Optimise Payroll for Restaurant Staff and Shift Workers Managing payroll effectively is crucial for restaurant owners, especially when dealing with restaurant staff and shift workers in Singapore. Optimising payroll helps reduce labour costs while ensuring staff are compensated fairly. Here are practical strategies to help you optimise payroll in your restaurant operations. 1.

Payroll 52
article thumbnail

Changing the way people think about accounting

Accounting Today

For an industry that's often stereotyped as stagnant, the world of accounting is changing at unprecedented speed.

More Trending

article thumbnail

Could your client use the IRA 'bridge' strategy? Here are the numbers

Accounting Today

Financial advisors, tax professionals and their clients will need to make careful planning decisions about claiming Social Security benefits and starting distributions.

Tax 214
article thumbnail

The Impact of E-commerce Growth on Transfer Pricing for Online Sellers in Singapore

Counto

The Impact of E-commerce Growth on Transfer Pricing for Online Sellers in Singapore As e-commerce continues to thrive, online businesses in Singapore face growing challenges when it comes to transfer pricing. In this digital age, adhering to transfer pricing regulations has become essential for businesses to ensure compliance and avoid penalties. This post will delve into how e-commerce growth is reshaping transfer pricing for online sellers in Singapore and highlight the best practices to remai

Tax 52
article thumbnail

IRS financial report resolves longtime deficiency

Accounting Today

The IRS beefed up its information technology internal controls.

article thumbnail

Top 10 Super AI Alternatives for Document Processing

Nanonets

Super.AI is an Intelligent Document Processing (IDP) platform that harnesses the power of Large Language Models (LLMs) to extract data from any document with guaranteed accuracy.  By offering access to the latest AI models and an on-demand human-in-the-loop (HITL) review through its Data Processing Crowd, Super.AI ensures high-quality results, supporting businesses in generating precise, labeled data essential for training AI models across various industries.

article thumbnail

Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

article thumbnail

Tax Fraud Blotter: Just business

Accounting Today

The first two pages; a Rainy day; in all modesty; and other highlights of recent tax cases.

Tax 195
article thumbnail

Top Remote Accounting Candidates for Hire | November 7, 2024

accountingfly

Top Remote Candidates This Week Are you in need of remote accountants? Accountingfly can assist you! Our ‘ Always-On Recruiting ‘ program allows you to connect with highly skilled and experienced remote accounting candidates without any upfront costs. Here are some of our top remote accounting candidates for this week. Sign up now to receive the full list of available top accounting candidates on a weekly basis!

XERO 52
article thumbnail

M&A roundup: Aldrich and GHJ expand

Accounting Today

Aldrich acquires HMA CPA; and GHJ merges in GGF.

CPA 147
article thumbnail

Key Differences in Compliance Between Sole Proprietorships and LLPs in Singapore

Counto

Key Differences in Compliance Between Sole Proprietorships and LLPs in Singapore When starting a business in Singapore, small and medium enterprises (SMEs) often consider various structures, with Sole Proprietorship (SP) and Limited Liability Partnership (LLP) being two common options. Each has distinct compliance requirements and implications. This blog highlights the key differences in compliance between Sole Proprietorships and LLPs, helping you make an informed choice. 1.

Tax 52
article thumbnail

Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

article thumbnail

How to Do Progress Invoicing in QuickBooks Online

Fit Small Business

I’ll show you how to do progress invoicing in QuickBooks Online, which allows you to issue partial invoices from a single estimate. I’ll walk you through all the steps—from turning on progress invoicing to creating an estimate and generating a progress invoice from that estimate. I’ll also show you how to specify how much of. The post How to Do Progress Invoicing in QuickBooks Online appeared first on Fit Small Business.

article thumbnail

Implementing Flexible Work Arrangements: A Key to Reducing Stress for SMEs in Singapore

Counto

Implementing Flexible Work Arrangements: A Key to Reducing Stress for SMEs in Singapore In recent years, flexible work arrangements (FWAs) have become an increasingly popular solution for businesses worldwide, including in Singapore. For small and medium-sized enterprises (SMEs), implementing FWAs presents an opportunity not only to attract and retain talent but also to reduce stress and improve employee well-being.

Tax 52
article thumbnail

Vanguard to pay $40M to settle 'elephant stampede' investor case

Accounting Today

Target-date fund holders who invested through taxable accounts absorbed a giant capital gains distribution because of the firm's flub, the plaintiffs say.

article thumbnail

Essential Accounting Tips for Singapore’s F&B Industry

Counto

Essential Accounting Tips for Singapore’s F&B Industry The food and beverage (F&B) industry in Singapore faces unique challenges, especially in terms of financial management. With tight margins and fluctuating demand, it’s essential for F&B business owners to maintain accurate financial records and make informed decisions to sustain and grow their business.

article thumbnail

Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. 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 (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). 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.

article thumbnail

Top ProAdvisor Profiles: Stephanie Elia

Insightful Accountant

This week's Top ProAdvisor Profile focuses on Stephanie Elia of Elia Business Services of South Easton, Massachusetts.

98
article thumbnail

Pros and Cons of Merchant Financing for Small Businesses

Fit Small Business

If you’re having trouble getting approved for a traditional loan, merchant financing can provide you with the funds needed to cover daily expenses or other funding needs. It is typically easier to get and rarely requires any additional collateral since your sales are considered collateral for the loan. Additionally, since repayments are often calculated based.

52
article thumbnail

Ignition publishes 2024 US Accounting & Tax Pricing Study

Insightful Accountant

Ignition has just released its 2024 U.S. Accounting and Tax Pricing Benchmark report. The report contains valuable information on the industry's current fees and pricing intentions for 2024.

Tax 52
article thumbnail

FinOps X Barcelona 2024: My Session Picks and Recommendations

finout

This article examines how you can manage Snowflake costs and reduce spend with a few easy steps,

FinOps 52
article thumbnail

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.

article thumbnail

Push Through or Pivot? Finding the Balance for Long-Term Success

Insightful Accountant

Recently, we had the chance to reflect on some common situations we’ve seen firms encounter—moments where it’s unclear whether to push through with a strategy or pause to reassess.

52
article thumbnail

Top 7 Benefits of Diversity in the Workplace

Fit Small Business

Diversity in the workplace is more than just ticking boxes or meeting quotas for hiring people from specific demographic groups or using inclusive language. Genuine diversity, equity, and inclusion (DEI) involves creating an environment where all employees feel valued, respected, and empowered to contribute fully. When organizations embrace this, they unlock a wealth of benefits.

52
article thumbnail

Exploring the New QuickBooks ProAdvisor Academy: Certification and Training Reinvented

Insightful Accountant

The QuickBooks ProAdvisor Academy, a fresh initiative by Intuit, brings new levels of flexibility and rigor to accounting professionals pursuing QuickBooks certifications. And…it’s all FREE!

article thumbnail

Understanding Singapore’s Tax Requirements for F&B Businesses

Counto

Understanding Singapore’s Tax Requirements for F&B Businesses Running a food and beverage (F&B) business in Singapore presents unique opportunities and challenges, especially when it comes to understanding Singapore’s tax requirements. For small business owners in the F&B sector, it’s crucial to stay informed about the various tax obligations and financial regulations that affect daily operations.

Tax 40
article thumbnail

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.

article thumbnail

Managing Your Tax Practice's Risk Landscape in 2024: A Guide for Practice Leaders

Insightful Accountant

As tax practice leaders navigate 2024's complex landscape, three major liability challenges demand immediate attention: the new Corporate Transparency Act (CTA), artificial intelligence integration, and evolving cybersecurity threats.

Tax 52
article thumbnail

Managing Cash Flow in a High-Turnover F&B Business in Singapore

Counto

Managing Cash Flow in a High-Turnover F&B Business in Singapore Managing cash flow effectively is crucial for high-turnover food and beverage (F&B) businesses in Singapore. With its competitive landscape and fast-paced nature, ensuring a steady cash flow can mean the difference between operational stability and financial strain. In this blog, we’ll explore key strategies tailored for high-turnover F&B businesses to better manage their cash flow. 1.

article thumbnail

Understanding the Right to Disconnect: A Comprehensive Guide

Fit Small Business

What is the Right to Disconnect? The right to disconnect simply means that an employee is not obligated to perform any work-related tasks outside of their regular working hours. It’s intended to protect those employees who choose not to or refuse to respond to emails, phone calls, or requests when they are not working. The. The post Understanding the Right to Disconnect: A Comprehensive Guide appeared first on Fit Small Business.

52
article thumbnail

Addressing Burnout: Practical Strategies for SME Owners in Singapore

Counto

Addressing Burnout: Practical Strategies for SME Owners in Singapore The demands of running a small or medium-sized business in Singapore often bring intense pressures that can lead to burnout. SME owners must navigate financial complexities, manage teams effectively, and keep pace with regulatory requirements—all while remaining competitive in a dynamic market.

Payroll 52
article thumbnail

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.