Sat.May 07, 2022 - Fri.May 13, 2022

article thumbnail

Xero’s full year 2022 financial results

Xero

Today we announced Xero’s full year financial and operating results to 31 March 2022 (FY22). Our strong financial result reflects the benefits of Xero’s commitment to invest for the long-term to support our strategy and focus on current and future customer needs. In FY22, Xero grew operating revenue 29%, and exceeded the milestone of a billion dollars for the first time to reach $1.1 billion.

XERO 207
article thumbnail

New Mexico fire victims get tax relief

Accounting Today

Tax 294
professionals

Sign Up for our Newsletter

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

article thumbnail

Registering for GST – 10 Tips for a Smooth Transition

The Savvy Bookkeeping Blog

It’s a milestone that’s satisfying to reach, however I see it cause stress for many small business owners here in Australia. You’ve either been keeping a close eye on your turnover for a while – pushing to get to the $75,000 threshold and preparing ahead of time.

XERO 100
article thumbnail

Top Qualities to Look For in Your SaaS Startup’s First CFO

Sage Intacct

Bringing on your first CFO can be extremely exciting, and a strong hire can give your business a significant strategic edge. But to make an effective hiring choice, you need to know what to look out for in a great CFO.

105
105
article thumbnail

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.

article thumbnail

Xero Small Business Spotlight: Black Business and Professional Association (BBPA)

Xero

We’re shining a spotlight on the Black Business and Professional Association (BBPA), a non-profit, charitable organization formed in 1983 with the goal of addressing equity and opportunity for the Black community in business, employment, education and economic development. We chat with Ross Cadastre, President of BBPA, who shares their journey on advancing Black communities and the fulfilling moments that remind them of the impact they are making in developing and providing opportunity for Black

XERO 201
article thumbnail

IRS destroyed 30M paper information returns due to backlog

Accounting Today

Tax 294

More Trending

article thumbnail

The 15 Best Cloud Management Software Platforms In 2022

CloudZero

The cloud offers many benefits, including scalability, cost savings, and operational efficiency. But here's the deal. Organizing, monitoring, and controlling a cloud environment can become difficult as workloads, applications, services, and underlying infrastructure grow.

98
article thumbnail

Where opportunity lies for startup success

Xero

Turning a business idea into reality is one of the most rewarding things an entrepreneur can do. Whether it’s winning new customers, making your first hire or closing a fundraising round, there are countless milestones to look forward to along the startup journey. But, of course, it’s not without its challenges. Which is why it’s a good idea to learn from those who’ve paved the way, like Pauline Fetaui.

XERO 162
article thumbnail

Deloitte opens DEI Institute

Accounting Today

293
293
article thumbnail

Top Digital Commerce Trends Impacting Accounting Firms

Dext

“Digital commerce relies on automation that allows customers to self-serve their desired purchase online without any human intervention. Major retailers are leading the way in this space, having implemented full automation, but businesses in all sectors are enjoying the many benefits of digital commerce.

CPA 52
article thumbnail

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.

article thumbnail

10 Top Kubecost Alternatives For Kubernetes Cost Management

CloudZero

Kubernetes is one of the most significant advances in cloud computing since the public cloud. It provides an open-source, highly scalable, and cloud-native platform for orchestrating containerized applications. More organizations now use Kubernetes to deploy, network, scale, and manage containers at scale.

article thumbnail

10 questions every advisor should prepare for this EOFY

Xero

This is a guest post by Andrew Van De Beek, Founder and Head of Purpose at Illumin8 – a Xero Platinum Partner and XPAC member. . For those of us in advisory, ‘quick questions’ from clients are part and parcel of what we do. But if your practice is anything like mine, the number of enquiries at EOFY – and subsequently, the time it takes to respond to all of them – skyrockets.

XERO 153
article thumbnail

Senate bill would deny tax breaks to cos. operating in Russia

Accounting Today

Billing 281
article thumbnail

10 Reasons Why Accounting Firms Choose Dext Prepare

Dext

Your time is precious, and so is the quality of your work. With over 1.2 million users around the world, Dext Prepare is the bookkeeping automation platform of choice for 9 of the top 10 accounting firms in the UK. There isn’t one reason why so many practices choose Prepare – there are several.

article thumbnail

The Definitive Guide to Spend Management

The status quo for AP in small and mid-market companies is broken. It consists of messy tech stacks of siloed solutions that give rise to manual work, a lack of control, wasted spend, and unnecessary risks. The benefits of shifting to spend management are tangible, measurable, and are felt across the whole organization. Spend management is a different way of thinking and an innovation whose time has come.

article thumbnail

5 Important Business Skills Every Engineer Should Learn

CloudZero

What separates an engineer fresh out of university from one who has been working in the field for several years?

98
article thumbnail

Baker Tilly RSG becomes the first BT Canada member firm to reach platinum partner

Xero

We’re thrilled to announce Baker Tilly RSG as the first platinum partner in the Baker Tilly (BT) Canada Network, one of the country’s largest independent accounting networks, and also the first platinum partner in the Edmonton region. . Baker Tilly RSG has nearly 40 years experience supporting communities across Alberta with expert accounting and tax services.

XERO 147
article thumbnail

IRS blasted for destroying millions of information returns

Accounting Today

Tax 273
article thumbnail

H&R Block Blocks Block

Cloud Accounting Podcast

Sponsors FreshBooks: [link] Canopy: [link] Relay: [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes 1:46 – Intuit owes customers $141 million after it 'cheated' them out of free tax services [link] Intuit Will Refund $141 Million to Low-Income TurboTax Users - The New York Times [link] 4:36 – Study: Nearly half of returns could be automatically populated [link] 8:09 – In-Person BNPL Coming Soon as Blo

article thumbnail

Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

Speaker: Carolina Aponte - Owner and CEO, Caja Holdings LLC

In today's rapidly changing business environment, building a resilient balance sheet is crucial to the survival of any business. A resilient balance sheet allows a company to withstand financial shocks and adapt to changing market conditions. To achieve this, companies need to focus on key strategies such as maintaining adequate liquidity, managing debt levels, diversifying revenue streams, and prioritizing profitability over growth.

article thumbnail

How to Communicate Financial Information to Normal People

Earmark Accounting Podcast

Sponsors BooksTime: [link] Accountests: [link] Use code "Earmark50" to receive 50% off any of their tests Sign up to get free CPE for listening to this podcast [link] Download the Earmark CPE App Apple: [link] Android: [link] Presentation slides: [link] Connect with Our Guest, Geni Whitehouse LinkedIn: [link] Twitter: [link] Learn more about Geni's work: Official website for Impactful Advisor: [link] Official website for Even a Nerd Can Be Heard: [link] Connect with Blake Oliver, CPA LinkedIn:

CPA 40
article thumbnail

Ep. 182: Tamara Ghandour - Harnessing The Power of Innovation – Everyday

IMA's Count Me

Contact Tamara: [link] What is your innovation type: [link] Full Episode Transcript: Adam: (00:05) Welcome to the Count Me In podcast. I'm your host, Adam Larson. And my guest today is Tamara Ghandour, a leader in the field of human-centric innovation and its pivotal role in helping individuals and businesses create breakthrough outcomes. Tomorrow is the president of launch street, the founder of everyday innovator's tribe, the host of her own podcast and the author of the book.

article thumbnail

KPMG urges audit committees to be more active in cybersecurity

Accounting Today

Auditing 273
article thumbnail

Small businesses reeling from the emotional impact of the pandemic need support

Xero

The shops are open, the high street is buzzing, and the pubs, bars and restaurants are filled once again with happy customers. Make no mistake, this is good news. Signs of economic recovery – tempered by the cost of living crisis and other pressing challenges – are at least offering green shoots of hope. But the pandemic isn’t over. From lateral flow tests the morning of a big meeting, to the heightened awareness of every cough or sore throat, to the number of masked faces in the supermarket, we

XERO 181
article thumbnail

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!

article thumbnail

Cost of Diesel Continues to Climb

NACM

The price for a gallon of diesel fuel hit another record month, costing $5.62 compared to the average $2.44 per gallon the same time last year, according to the American Automobile Association (AAA). The cost increases come as diesel inventories sit at historic lows."Fuel prices have surged as efforts to isolate Russia, one of Europe's most importa.

5
article thumbnail

4 Ways AP Automation Can Help Accounting Teams During Year-End Close

AvidXchange

With more than 20 years of accounts payable (AP) experience in various roles, I’ve witnessed firsthand the transition from paper-based processes to completely automated AP and payment processes. I know how hard it can be for those of us in the accounting space to warm up to the idea of implementing new systems and practices, especially when it sounds like there could be a large learning curve or lack of control attached to something like an automated service.

AP 52
article thumbnail

Tax investigators identify potential $1B crypto Ponzi scheme

Accounting Today

Tax 265
article thumbnail

A short guide to Making Tax Digital for landlords

Xero

Making Tax Digital for Income Tax Self Assessment ( MTD for ITSA ) requires that landlords earning more than £10,000 use MTD-compatible software to keep records and make submissions to HMRC. The legislation will come into effect from April 2024. This guide looks at what MTD for ITSA means in practice for landlords. . A closer look at MTD for ITSA. If you’re a landlord earning £10,000 a year from property or business and property, you’ll need to sign up for MTD for ITSA.

Tax 136
article thumbnail

Putting the ‘Tech’ in Spend Management Techniques

Speaker: Wayne Spivak, President and CFO of SBA * Consulting Ltd., Industry Writer, Public Speaker

If you’re lost in the world of spend management needs and your GAP analysis is lacking perspective on the future state of your business performance, listen up! With the advancement of technology, the implementation of spend management best practices and concrete GAP analyses is more streamlined and accessible than ever before. And while this may sound like great news for you and your clients, it won’t be worthwhile unless you have the latest techniques to back up your ambitions!

article thumbnail

Listen to the Latest Episode of Extra Credit!

NACM

Grab a cup of coffee and start your morning by listening to the latest episode of NACM's Extra Credit #podcast! ?? ??Episode #7 (buzzsprout.com)This week we chatted about.1. The biggest challenges facing the U.S. economy today2. How industry credit groups compare to other information sources3. Turning risk into opportunities for growthWhat topics w.

5
article thumbnail

Learners and employers call for more innovative accounting education

Accounting Today

article thumbnail

International tax enforcement chiefs target NFTs and DeFi for tax fraud

Accounting Today

Tax 265
article thumbnail

How to break down barriers for women in the male-dominated accounting industry

Accounting Today

article thumbnail

Global Accounting Principles and Commission Capitalization

Speaker: Ryan Dillard, Chief of Staff Director at CBIZ ARC Consulting LLC; Kelly Hicks, Global Controller at Airbase

ASC 606 is the revenue recognition standard that sets global accounting principles for all private or public companies that enter sales agreements or contracts with customers. Along with ASC 606, ASC 340-40 was added to address accounting costs to obtain a contact and costs to fulfill a contract. Join us for this webinar when Airbase Controller Kelly Hicks and Ryan Dillard, a Director at CBIZ ARC Consulting explore how to approach capitalizing sales commissions under ASC 340-40.