Mon.Aug 21, 2023

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Art of Accounting: What happens to your practice when you die

Accounting Today

If partners do not have a buy-sell agreement and one of them dies or is suddenly disabled, there will be problems between the survivors and the family of the affected partner.

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US Roadshow Accelerate: Xero brings the product announcements (and the noise)

Xero

This year’s US Roadshows were nothing short of inspiring, with accounting, bookkeeping and app partners showing up from all over the country to attend our events in Austin, Atlanta and Los Angeles. Joining us were leaders from Gusto, Poe Group Advisors, and futurist Elatia Abate to highlight how you can tap into the voice of the customer, capitalize on growing technologies, and capture the moment you’re in now.

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Tax trading scam made my life a 'shambles,' Duet Group founder Gabay says

Accounting Today

Henry Gabay, founder of a now defunct London-based asset manager, told a German court that he's innocent and that the "devastating" Cum-Ex charges against him are built on lies by his former business associates.

Tax 246
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How Small Businesses Can Thrive in a Dynamic Landscape

LedgerDocs

In the past few years the business landscape has been more unpredictable than usual, because of this unpredictability, small businesses need to be agile, innovative, and efficient to maintain their success and get the edge they need to remain competitive. Leveraging a cloud based digital document management software, such as LedgerDocs, can be the game-changer that empowers your business to not only survive but thrive.

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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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The Leadership Files: Kyle Bryant

Accounting Today

The managing partner of Market Street Partners — now heading into a major merger with Smith + Howard — says accounting firms are ripe for a fresh approach.

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Bridging the Gap: Digital Skills in Healthcare 

AvidXchange

The modern workforce is experiencing a digital skills gap. There is a disparity between the skills and knowledge that employees possess and those required to thrive in a digital-first economy. According to the Wiley Digital Skills Gap Index , the healthcare and social assistance industry is among the top three with the widest digital skills gap. Most healthcare organizations – including senior living, dental practices, sports medicine centers and urgent care facilities – are lookin

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Different Ways to Bill Your Time as an Architect

Insightful Accountant

Architects or architecture firms find that effectively managing their time and accurately billing clients can be a challenging task without the right tools and resources. Hour Timesheet and Clockwise co-founder Debbie Sabin explains.

Billing 52
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Meet the Tax Crime Junkies

Accounting Today

The hosts of the "Tax Crime Junkies" podcast share some of their favorite tax crimes and how they created their podcast.

Tax 246
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Soft Landing or Hard Fall? Assessing Recession Risks, Labor Shortages, and Commercial Real Estate Minefields with Liz Wilke, Chief Economist @ Gusto

Cloud Accounting Podcast

We discuss whether the economy is headed for a soft landing or hard fall with Gusto's Chief Economist Liz Wilke. Topics include: Recession outlook and key indicators like interest rates and inflation Labor shortage impacts on the economy Commercial real estate risks for banks Impacts of bank mergers on small business lending Liz evaluates recession odds, labor trends, and lending risks - offering nuanced outlooks on potential impacts for businesses, workers, banks, and more.

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A year on, what do clients think about the IRA?

Accounting Today

Energy credits and a more responsive IRS seem to be the main talking points practitioners are hearing about.

Tax 246
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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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Managing Cash Flow: Outsourcing for Better Financial Management

Analytix Finance & Accounting

Managing your cash flow as a small or midsize business (SMB) can feel challenging, especially if you’re just starting out or your business is growing quickly. But learning how to manage cash flow successfully can help you avoid potentially catastrophic financial blows to your business and empower you to make positive financial management decisions. Overview of cash flow management Cash flow management involves tracking the cash entering your business and comparing it to the amount leaving your b

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Hawaii wildfire victims get federal tax relief

Accounting Today

The IRS announced that filing and payment deadlines will be moved back to February for those affected.

Tax 246
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B2B payment automation guide: How to implement and maximize the benefits

Nanonets

B2B payment automation involves everything from the automation of capturing and processing invoices to making payments to vendors and reconciling those payments in your books. It allows your business to free up resources, reduce manual errors, and focus on more strategic tasks. A 2018 report revealed that businesses in North America spend $187 billion annually on Accounts Payable (AP) processing, and labor accounts for over 90% of these costs.

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Illinois CPA Society holds summit to discuss latest accounting issues

Accounting Today

The Illinois CPA Society is hosting its annual conference this week featuring 44 educational sessions and four keynote presentations, including a session on the state of the CPA profession.

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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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10 FinOps Diagrams To Help You Better Understand The Value Of FinOps

CloudZero

By now FinOps has proven its value — so much so that the web is full of helpful in-depth guides, broad overviews , bite-sized articles , and resource lists on the subject.

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Steinhoff Europe's ex-CFO jailed in Germany over accounting scandal

Accounting Today

Dirk Schreiber was the first top manager to be imprisoned over an accounting scandal that led to the near-collapse of the retailer.

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Top 100 2024 Certification Clues: QBO Payroll

Insightful Accountant

Murph explains how the QBO Payroll Certification for ProAdvisors can greatly enhance your point earnings toward next year's Top 100.

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