Sat.Mar 08, 2025 - Fri.Mar 14, 2025

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Positive Pay | What is Positive Pay? How Does it work?

Fidesic blog

As the rate of fraud incidents increases, covering the costs is becoming less financially sustainable for banks. As a result, many U.S. banks have become more restrictive in covering fraud losses, especially where B2B payments are concerned. As this places businesses at more risk for fraud losses, implementing positive pay to protect vendor payments is more important than ever.

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6 Steps to Winning as a Finance Leader in 2025

Compleatable

The role of finance leader is evolving rapidly in 2025, driven by advancements in technology, regulatory shifts, and changing business expectations. To stay ahead, finance professionals must adopt new strategies, embrace automation, and enhance their decision-making capabilities. Here are six essential steps to thriving as a finance leader in 2025. 1.

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Top Strategies to Optimize Accounting for Your Ecommerce Business Success

CapActix

Certainly, running an e-commerce company is all about more than merely possessing wonderful products, a unique catalog, and a well-designed online store. In the background, what actually keeps profitable online stores up and running is wise financial management. With continuous cash flow activity, various payment channels, and expenses from all directions, using reliable accounting services for ecommerce business has become as essential as marketing and customer support activities and investment

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We heard you: Making payroll more affordable for Australian small businesses

Xero

Last year we introduced a new line up of plans for our Australian customers to simplify our offering and make it easier to choose the right plan. As part of this, we made some changes to how payroll was included in our plans. Since then, we’ve heard from you, our community, that we didn’t quite get it right for everyone particularly those with a few employees, or small business owners who need to pay themselves.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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New bill calls for tax preparer regulation

Accounting Today

Rep. Steve Cohen has re-introduced a bill that would give the IRS the authority to set and enforce standards for tax pros.

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Top 7 Credit Risk Management Tools in 2025

Gaviti

In the realm of B2B transactions, it’s easy to assume that securing a sale signifies the culmination of your efforts. However, the real challenge lies in ensuring that the customer fulfills their payment obligations. Without proper credit assessments and checks, businesses expose themselves to significant financial risks, including cash flow disruptions and potential bad debts.

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Controller vs. Bookkeeper vs. CFO: Understanding the Key Differences

Accounting Department

When it comes to managing a companys finances, businesses often rely on a combination of bookkeepers, controllers, and CFOs to maintain financial health and make strategic decisions.

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What Is Disaster Recovery? Definition, How It Works & Benefits

Fit Small Business

As businesses rely more on technology to run operations and manage distributed teams, protecting your communication systems from catastrophic events becomes increasingly important. The best preparation for uncertainty is taking the initiative to develop a clear disaster recovery plan. Disaster recovery involves crucial steps, starting with prevention and mitigation, to fully restore data and operations.

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Driving a Successful Company-Wide FinOps Cultural Change

finout

The landscape of financial operations (FinOps) is undergoing a transformative change as organizations embrace cloud technologies. A successful FinOps cultural change within a company isnt just about adopting new tools or processes; its about creating a financial mindset that permeates every level of the organization. This article dives into the insights shared by experts Dvir Mizrahi, previous Head of FinOps at Wix and Asaf Liveanu, Co-Founder & CPO at Finout on how to navigate the challenge

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What’s new in Xero – March 2025 & Quarterly Wrap

Xero

Its been a massive start to 2025! In February , we shared enhancements weve made to invoicing. We also heard your feedback, and so now you can automatically prepare partnership annual accounts and tax returns using Xero data and seamlessly file them with HMRC (read more in the previous edition of Whats New). Check out more in our quarterly wrap video below.

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How to Set Better OKRs and Drive Results

Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.

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How much tax do you pay in a lifetime?

Accounting Today

The total lifetime tax amount in the highest-paying state is $755,493.

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Use the Digital Advantage to Streamline Charity Operations and Spending

Compleatable

In a world where efficiency and transparency are paramount, charities must leverage digital tools to maximise their impact. The pressure to do more with less, while ensuring donor trust, has never been greater. With local government structures evolving, through the creation of Strategic Authorities (SAs) and the shift towards unitary authorities by 2028 , charities must also adapt to new ways of working.

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EIN vs. SSN: Key Differences & When to Use Each

Fit Small Business

When starting a business, choosing between an EIN and your SSN for tax purposes is one of your first critical decisions. An Employee Identification Number (EIN) is a 9-digit tax ID specifically for businesses, while your Social Security Number (SSN) is your personal tax identifier. Getting this right from the start saves you the headaches. The post EIN vs.

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JAX expands beta access and introduces new features to save you time and effort

Xero

A year ago, we shared our vision to reimagine accounting using AI and mobile , recognizing the transformative potential for small businesses and the industry. As part of delivering on that vision, we launched Just Ask Xero (JAX), our smart and reliable generative-AI business companion, to make accounting tasks easier and save you time through simple conversation within everyday apps.

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Automation, Evolved: Your New Playbook For Smarter Knowledge Work

Speaker: Frank Taliano

Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.

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By the numbers: Future accountants, new state tax rates

Accounting Today

The latest data on the number of students studying accounting, new state tax rates for 2025 and other major metrics.

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A Guide to the Procurement Act 2023 -What It Means for Your School or Trust

Compleatable

Posted on March 07, 2025 If youre involved in managing a school or academy trust in the UK, youve likely heard whispers about the Procurement Act 2023. Despite its name suggesting its been around for a while, this piece of legislation only came into force a couple of weeks ago, on February 24, 2025. Its a big deal for anyone handling purchasing decisions, and its shaking up how schools and trusts buy goods, services, and works.

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How Small Businesses in Singapore Can Market Themselves on a Small Budget with Smart Financial Planning

Counto

How Small Businesses in Singapore Can Market Themselves on a Small Budget with Smart Financial Planning Marketing is essential for business growth, but many small business owners in Singapore face tight financial constraints. The good news is that with smart financial planning, you can market your business effectively even on a small budget. Careful planning ensures that your marketing efforts are targeted and cost-efficient, helping you maximise your return on investment while maintaining finan

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Former IRS agent reveals impact of massive agency layoffs

Blake Oliver

In this episode of The Accounting Podcast , former IRS revenue agent Jeff Johnston shares his experience of being laid off from the IRS as part of DOGE's federal workforce reduction initiative. Jeff explains how many experienced professionals like him left established careers to join the IRS, only to be dismissed with minimal notice. This could be just the beginning of cuts potentially targeting up to half of the agency's 90,000 employees.

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Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

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Time running out to claim $1B in 2021 refunds

Accounting Today

The median unclaimed tax refund from 2021 is $781, but it has to be claimed by April 15.

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What Is a Cashier’s Check and Where To Get Them

Fit Small Business

Working in a bank for many years, I witnessed frustrated small business owners on the receiving end of bounced checks, which led to delayed business transactions. To avoid this issue, I recommend getting a cashiers check, especially for large business purchases or vendor payments. Cashiers checks are bank-guaranteed, fraud-resistant, and reliable compared to personal and.

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Costly Advertising Mistakes Small Businesses in Singapore Must Avoid 

Counto

Costly Advertising Mistakes Small Businesses in Singapore Must Avoid As a small business owner in Singapore, advertising is essential for increasing your brands visibility and attracting new customers. However, many small businesses make advertising mistakes that can damage their reputation, waste valuable resources, and even result in legal issues.

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March Hiring Prep: Strengthen Your Tax Team for Post-Busy Season Success

accountingfly

As the peak busy season ends in April, its time for accounting firms to shift their focus to whats nexttax team hiring. While your team is still in all-hands-on-deck mode, March is the ideal time to start preparing for the post-busy season transition. Laying the groundwork now ensures youre ready to bring in the right talent when the time comes. Assess Your Teams Workload As March progresses, its important to step back and evaluate your teams workload, even during the busiest time of the year.

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What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

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SEC hits the brakes on accounting and auditing enforcement

Accounting Today

The Securities and Exchange Commission dramatically pulled back on accounting and auditing enforcement last year after two years in a row of increases.

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What to Look for in a Payroll Service Provider: A Small Business Guide

Outsourced Bookeeping

A small business owner must prioritise payroll management as a vital operational duty. Accurate and timely employee payments maintain high employee morale while meeting all tax regulations. The payroll system contains various complexities as it requires thorough tax and legal obligation knowledge to execute. Thus, experienced payroll service provider act as the perfect solution to manage payroll operations.

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Scaling Your Business? Here’s Why a Chief of Staff is the Missing Piece

Counto

Scaling Your Business? Heres Why a Chief of Staff is the Missing Piece Growing a business is an exciting yet challenging process. As operations expand, so do the complexities of managing teams, refining workflows, and staying aligned with long-term goals. Many small business owners focus on hiring more employees or upgrading technology, but one critical role is often overlooked: the Chief of Staff (CoS).

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CPA licensure changes: What you need to know about the evolving requirements

Blake Oliver

More than 30 states are currently changing their CPA licensure rules, which is causing a lot of confusion. This helpful CFO article by Adam Zaki breaks down what's actually happening across multiple states. The piece features insights from CPA society CEOs in New York, California, Texas, Pennsylvania, and Florida who joined an Earmark webinar I moderated on this topic.

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Forecasting Failures Are Costly: Heres How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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Fintech execs discover the enemy within: AI

Accounting Today

Most accounting tech companies pride themselves on making life easier for accountants, but why would accountants buy AI that could theoretically take their jobs?

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What Is Prime Cost? Formula + Free Calculator

Fit Small Business

The prime cost is the total direct material and labor costs of producing a product or delivering a service. It helps you analyze how much these costs reduce your gross profit, making it easier to determine whether your expenses are within a healthy range. The formula for computing prime costs is as follows: Prime cost. The post What Is Prime Cost? Formula + Free Calculator appeared first on Fit Small Business.

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How to Determine Your Market Value as an Employee for Better Payroll Negotiations

Counto

How to Determine Your Market Value as an Employee for Better Payroll Negotiations Understanding your market value is essential in todays job market. For employees, it means negotiating salaries confidently. For employers, it ensures fair and competitive payroll negotiations. But how do you accurately assess market value? And why does it play such a crucial role in payroll negotiations?

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The return of Fyre Festival: Same red flags, new location

Blake Oliver

Fraudsters have a predictable pattern: they simply don't stop until someone forces them to. And that means Fyre Festival is back! After defrauding investors and customers of $26 million and serving part of his six-year sentence, Billy McFarland is planning "Fyre Festival 2.0" for May 30-June 2 in Mexico. The ticket prices? They range from $1,400 to $1.1 million for a package that includes admission for 8 people, flights from Miami to Cancun, helicopter transfers, and either a yacht or villa.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R