Wed.May 07, 2025

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Accountants need to transform in the face of AI

Accounting Today

The growing capabilities of artificial intelligence mean the profession can't afford to be complacent, one expert says.

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Different Types of Accounting Methods (And How to Choose the Right One for Your Business)

Analytix Finance & Accounting

The difference often comes down to one unsexy but critical decision: their accounting method. Here’s the truth , 82% of business failures stem from poor financial management. Your accounting method isn’t just some administrative choice, it’s the foundation of your financial decision-making system. Think about it. Would you drive cross-country using the wrong map?

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How to Legally Write Off a Home Office in 2025

Stephanie Peterson

Working from home is more common than everand so are questions about the home office tax deduction. If you're self-employed, a freelancer, or run a small business from your home in Murrieta, Temecula, Wildomar, Menifee, or nearby areas, you might be eligible to legally write off your home officein 2025.At Superior Virtual Bookkeeping LLC, we help local business owners maximize deductions without triggering IRS red flags.

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OCI Costs Overview & How OCI Compares to AWS/Azure/GCP

finout

What Is Oracle Cloud Infrastructure (OCI)? Oracle Cloud Infrastructure (OCI) is a cloud computing platform that provides a range of services, including computing, storage, networking, databases, and security. It runs enterprise workloads with high performance, scalability, and security.

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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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How Strategic Emotional Leadership Drives Tax Firm Success

Insightful Accountant

In our high-pressure industry, where tax season can feel like an endless marathon of deadlines and demanding clients, effective leadership makes the difference between a thriving practice and a burned-out team.

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What Happens to Small Business Owners if Social Security Runs Out?

CSI Accounting & Payroll

You may have heard that Social Security benefits are running low. It's especially concerning to small business owners who fund their retirement by selling their business. What if theres no Social Security cushion? Let's discuss SS running out, how it affects owners' retirements, & how a payroll and accounting service can help.

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The Top Benefits of CFO Support Services for SMBs

Accounting Department

Effective financial management is critical for businesses of any size, but for small to medium-sized businesses (SMBs), the stakes are often higher. Limited resources, growing competition, and evolving markets require SMBs to make precise financial decisions.

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We heard you: Enhanced payroll flexibility is coming to Aotearoa New Zealand

Xero

Last year, we made some updates to Xero payroll in our New Zealand plans. Since then, some of you have let us know that the changes didnt quite meet your needs. We’ve listened to your feedback and are taking action. One thing you told us was that you want to have more flexibility in how you pay yourselves or your employees. So, soon, youll be able to pay up to 200 employees on any of our business plans.

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HSA limits to get a modest bump

Accounting Today

The Internal Revenue Service announced the inflation-adjusted amounts for health savings accounts in 2026.

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Charting the Course: Operationalising Counto’s AI Accounting Maturity Roadmap

Counto

A note from our COO, Saba Khan As Counto continues building toward a future powered by AI, the real challenge lies not in the vision but in the execution. In this post, Saba shares how were operationalising our AI Accounting Maturity Roadmap across people, processes, and infrastructure. Charting the Course: Operationalising Countos AI Accounting Maturity Roadmap Counto is embarking on an exciting journey one that moves beyond the limitations of traditional accounting systems and ushers in a ne

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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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Women more likely in upper management at small businesses

Accounting Today

Women working at small businesses have a higher likelihood of making it into upper management than women at larger employers, new ADP Research shows.

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Avoid Saying These 4 Things to Potential Clients

Future Firm

Ive seen many firms use selling points that not only fall flatbut can actually push potential clients away. Heres what to avoid. The post Avoid Saying These 4 Things to Potential Clients appeared first on Future Firm.

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AvidXchange to be bought by Corpay, TPG for $2.2B

Accounting Today

The AP solutions provider has agreed to be acquired by an asset management firm and payment solutions provider, after which it will go private.

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Top Selling Products in Singapore 2025: What SMEs and Online Sellers Need to Know

Counto

Top Selling Products in Singapore 2025: What SMEs and Online Sellers Need to Know Knowing what sells well in Singapore is crucial if you’re running or planning to launch an online store or retail business. Whether you’re an e-commerce entrepreneur or a small local brand, understanding consumer demand can help you position your products, plan your inventory, and capture trends early.

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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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When accounting judgments lead to legal liability

Accounting Today

Judgments that are overly optimistic, unsupported or poorly documented can tip into the territory of errors or fraud, leading to restatements and enforcement.

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Is Singapore a Good Place to Start a Business? A 2025 Guide for Entrepreneurs

Counto

Is Singapore a Good Place to Start a Business? A 2025 Guide for Entrepreneurs As a small business owner or aspiring entrepreneur, choosing where to register your company is one of the most important decisions youll make. In 2025, Singapore remains one of the most attractive destinations for company incorporation, thanks to its pro-business policies, low corporate tax rates, and efficient digital infrastructure.

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What Supplier Contract Tasks Can Be Automated?

oAppsNet

In todays fast-paced business world, manual processes are increasingly seen as a barrier to efficiency. This is particularly true in contract management, where repetitive tasks, compliance risks, and potential human errors can derail even the most well-planned supplier relationships. Fortunately, technological advancements in contract automation can streamline supplier contract processes, improve accuracy, and reduce the time spent on administrative tasks.

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Intuit Connect Registration Opens May 28

Insightful Accountant

Intuit will begin accepting registrations for this year's Intuit Connect on May 28, 2025.

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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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Is It Legal to Run a Home Café in Singapore? 2025 Guide for Small F&B Startups

Counto

Is It Legal to Run a Home Caf in Singapore? 2025 Guide for Small F&B Startups Running a caf from home sounds like a dream low rent, flexible hours, and full creative control. But is it actually legal to operate a home caf in Singapore? The answer is: yes, but only if you follow the rules. In 2025, Singapore continues to support home-based businesses, including those exploring company incorporation , but with strict conditions to protect public safety, residential environments, and hygiene s

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Firms Using AI Make More $, PCAOB Shutdown Fight, The Impossible Tariff Test

Cloud Accounting Podcast

Could AI create a $20 trillion professional services earthquake? In this episode, Blake and David dive into the data showing that AI firms generate $45,000 more revenue per employee than non-adopters. You'll discover how AI is reshaping traditional accounting and what Claude's new ability to connect with your Gmail and calendar means for productivity.

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Bennett Thrasher resists PE investment

Accounting Today

The Top 75 Firm based in Atlanta has steered clear of private equity funding so far and plans to remain independent, despite frequent calls and emails.

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SALT Republicans have to accept 'unhappy' deal, GOP chair warns

Accounting Today

Jason Smith said he will to strike a balance between those who want no limit on the state and local tax deduction and those who want no write-off at all.

Tax 222
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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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Republicans to pay for Trump tax cuts with sales of public land

Accounting Today

The plan mandates the sale of dozens of parcels totaling more than 11,000 acres (4,450 hectares) of federal land in Utah and Nevada.

Tax 223