Sat.Aug 20, 2022 - Fri.Aug 26, 2022

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Eight tips to prepare for (and make the most of) Xerocon Sydney

Xero

In just a couple of weeks, accountants and bookkeepers from all over Australia, New Zealand and Asia will descend upon Sydney’s International Convention Centre (ICC) for two days of inspiration, education, connection and fun. You guessed it; we’re talking about the return of Xerocon! After a three-year hiatus, we couldn’t be more excited to bring you – our partner community – together again at the world’s most beautiful and innovative conference for cloud accounting leaders. .

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8 common accounts payable pitfalls and how to avoid them

AP Association

It's tough enough running a business without having to worry about making mistakes with your accounts payable. Even the best-managed businesses can fall into common traps that can cause problems down the road. By being aware of these traps and taking steps to avoid them, you can save yourself a lot of headaches. The following is a list of the most common accounts payable mistakes you should watch out for and try your best to avoid.

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Introducing Framework Updates

FinOps Foundation

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IRS will wipe away $1.2B in late fees from pandemic

Accounting Today

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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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What to expect from Xerocon Sydney

Xero

In case you haven’t heard, Xerocon is back with a bang. From London to New Orleans, and soon, Sydney, this year’s event series is an international tour celebrating our partner community around the globe. Whether you’re a first-timer or veteran, it’s safe to say you can expect the unexpected. After all, it’s been coined the world’s most beautiful and innovative conference for cloud accounting leaders for a good reason.

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25 Crucial DevOps Automation Tools Your Team Needs In 2022

CloudZero

With technology advancing and the business environment becoming increasingly competitive, your DevOps team needs to continually improve your product. Yet releasing new product features and improving existing ones require freeing up their time. You can do this by automating repetitive tasks.

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More Trending

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California pass-through entity tax credit circumvents SALT cap

Accounting Today

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Meeting the expectations of a digital customer

Xero

It’s been so amazing to bring our long-awaited Xerocon event back to life in New Orleans over the past two days. This vibrant city brought a festive atmosphere to the event and we were inspired with on-stage performances by local talent such as Amanda Shaw , a fiddler and Brandan Odum , a successful street artist. It was the perfect way to reconnect with our US and Canadian based accounting and bookkeeping partners and the wider Xero community. .

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15 Essential Container Orchestration Tools For 2022

CloudZero

Managing containerized applications or microservices can be difficult. It is even more demanding and error-prone if you do it manually. So, what’s the alternative?

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Where does FinOps stop and GreenOps begin?

The FinOps Alliance

FinOps vs. GreenOps vs. Sustainability Since FinOps started gaining traction in the larger cloud technology community, we’ve seen an increase in the use of the term ‘GreenOps’ as well. For a lot of organisations, the goal of FinOps is reasonably clear, while GreenOps tends to just be ‘FinOps, but for sustainability’. We think there is more to the story than just that.

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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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Do we need accounting firms?

Accounting Today

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The top three security priorities for your organization as you look ahead

Xero

The last two days at Xerocon New Orleans have been a fantastic whirlwind, and I was particularly thrilled to speak about my favourite topic – how to keep your practice cyber safe – in a breakout session on the second day for our delegates. . As Xero’s General Manager for Security Assurance, this is a topic very close to my heart, and it’s this education and awareness piece that makes up a huge part of the work my team and I do on a day-to-day basis. .

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5 Things A Successful VPE And CTO Should Do Every Day

CloudZero

Great leaders know how to think big. As a VPE or CTO, your leadership role puts you in a position to make important changes and guide policy.

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Flawless Execution of Professional Billing for Northern Regional Hospital

SSI Healthcare Rev Cycle Solutions

Flawless Execution of Professional Billing for Northern Regional Hospital. August 24, 2022. August 24, 2022. Northern Regional Hospital is a leading provider of quality, affordable medical care, serving patients in Mount Airy, NC, and surrounding regions since 1953. The hospital features comprehensive healthcare solutions for an expansive range of specialties, including state-of-the-art emergency, diagnostics, and surgery centers.

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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.

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Supreme Court to hear case involving taxation of U.S. expats

Accounting Today

Tax 256
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Xero Small Business Insights expands to the United States and Canada, providing timely updates on state of small business

Xero

It takes passion and perseverance to run a small business. I saw this first hand growing up in my family’s small business in rural Canada. Now, more than ever, running a successful small business takes insight. Historical trends and timely market data can, when used effectively, help small businesses and their advisors adapt to complex present realities and prepare for future ones.

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How One Church Focuses on Paying It Forward Instead of Worrying About Accounts Payables

AvidXchange

Daniel Miracola with Central Presbyterian Church shares how AvidXchange helped to automate their accounts payable process, allowing them to scale while reinvesting their savings back into the church. Central Presbyterian Church is a historic congregation on the Upper East Side of Manhattan, founded by pastor and abolitionist William Patton in 1821. After experiencing a period of decline in the early 2000s, the church has grown its congregation into a culturally diverse body of more than 500 m

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The Ins and Outs of Non-Profit Accounting

Brigade

Non-Profit organizations are often made up of passionate team members dedicated to supporting their community or cause, and not many have a professional accountant on staff. These organizations require the same basic financial tracking and services as other businesses (expenses, invoices, accounts payable, accounts receivable, etc.) but can sometimes require extra support, especially when funding through grants, recording donations or reporting to a board of directors is involved.

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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.

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What the student debt forgiveness plan would mean for taxpayers and the U.S. economy

Accounting Today

Tax 256
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Product wrap from Xerocon New Orleans 2022

Xero

The heat, the food, the music, the energy. There’s really no place like New Orleans, Louisiana (known affectionately as NOLA). It was the perfect location to reconnect with our valued accounting and bookkeeping partners, and share some exciting plans for new tools and features designed to make inventory management, bank reconciliation and tax management simpler and more seamless.

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The Accountant’s Guide to Standardised VAT Returns

Dext

Whether you pull together the client’s VAT returns or another staff member does the work, a robust framework allows you to standardise your firm’s process, mitigating the risk of human-error, no matter who is doing the work. In this guide, we’ll be sharing what that looks like.

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Ep. 196: Amanda Cohen – Why your company needs a risk management makeover

IMA's Count Me

Connect with Amanda: [link] [link] [link] [link] [link] [link] Full Episode Transcript: Adam: I'm Adam Larson and welcome to Count Me In, the podcast focused on all the ways management accountants can help businesses thrive through smart financial management and data driven decision making. My guest today is Amanda Cohen, the vice president of product at Resolver, a software company helping businesses manage complex interconnected risks.

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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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The future of the Metaverse holds great promise. The present, less so.

Accounting Today

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The KaiXen chapters: Xero’s approach to continual improvement

Xero

In Japanese philosophy, change is represented by the word ‘kai’, and ‘zen’ means ‘for the better’. As we rapidly scale our technology capabilities in the pursuit of becoming the world’s most sustainably excellent engineering company, we know just how important the kaizen approach to continual improvement – small changes, over time – is in how we identify problems, and solve them. .

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Accounting Practice Management Software: The Top 17 Roundup

Future Firm

Looking for the best accounting practice management software for your firm? Good news, because this is the ULTIMATE accounting practice management software round-up post. Key Takeaways. Get to know the top accounting practice management software and why it is essential for your business. Important categories to evaluate when choosing a workflow management software for your CPA firm.

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72% of Economists Warn of a Recession in 2023

NACM

All eyes are on the Federal Reserve as it fights the worst inflation in four decades with aggressive interest rate hikes. Most economists (73%) expect the Fed to be unsuccessful in taming inflation in the next two years without triggering a recession, according to the National Association for Business Economics (NABE). 72% predict a recession by th.

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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!

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IRS offers tax penalty relief to late-filing taxpayers, refunding $1.2B in penalties

Accounting Today

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Building for the future with Best Accountancy Services (Plymouth) Ltd and MTD for ITSA

Xero

The road to Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is long and winding, but the end is in sight. From April 2024, sole traders and landlords with a total annual turnover above £10,000 need to use MTD for ITSA compatible software to keep digital records and file returns. We spoke with Alexa Whyatt, Personal Tax Manager and Macauley Brammer, Personal Tax Senior at Best Accountancy Services (Plymouth) Ltd , who have successfully onboarded five clients using Xero’s MTD for

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Trump CFO Pleads Guilty to Tax Fraud

Cloud Accounting Podcast

Sponsors FreshBooks [link] RelayFI [link] Liscio [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes 1:46 – ?Big news from David Leary and Blake Oliver! ? [link] 2:14 – Dotcom Pioneer AccountingWEB Shuts Down - CPA Trendlines [link] 3:43 – Sift to Close AccountingWEB US Division [link] 5:58 – IRS issues immediate guidance for EV credits under Inflation Reduction Act [link] 7:24 – Yellen sets six-month

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Motivate Your Credit Department with Metrics: Podcast

NACM

What you do with the findings of metrics is as important as the metrics themselves. Several credit leaders in this week's episode of the Extra Credit podcast choose to use the results as a way to motivate their staff, whether it be with cash or the option the work from home.

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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.