Sat.May 14, 2022 - Fri.May 20, 2022

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IRS audit rates plummet, especially for wealthy

Accounting Today

Auditing 336
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What you need to know about changes coming to payroll from 1 July 2022

Xero

While it may be lacking the fireworks and champagne of New Year’s Eve, come 1 July the new financial year ushers in fresh opportunities for Australia’s small businesses. Along with the new calendar, there are often regulatory changes for you to manage or implement. And this year is no different, with updates coming to payroll in FY23. . Starting from 1 July 2022, there are a number of government requirements that will impact how you manage payroll (including superannuation) for employees.

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professionals

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30 Best Cloud Monitoring Tools (Updated By Category)

CloudZero

The purpose of cloud monitoring is to identify, observe, track, and manage cloud infrastructure components and services. Cloud monitoring helps organizations ensure their services meet customer expectations of performance, availability, and security.

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Marketing for Accountants: The Top 19 Strategies

Future Firm

If you’re looking for the best marketing for accountants’ strategies, you’ve come to the right place. In this post, I’m going to outline 18 of the top strategies working well right now to help you attract clients. Most of these methods I’ve personally used myself to help take my cloud accounting firm from scratch to sale in just 5 years. Let’s check them out!

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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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New AICPA chair pledges to 'open doors, broaden horizons'

Accounting Today

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Steps to perfect your payroll this EOFY

Xero

Tax time will look a little different this year compared to last, with the conclusion of the JobMaker and JobKeeper schemes and business slowly returning to normal. However, most of us will have completed an EOFY using Single Touch Payroll (STP) before, so wrapping up the 2021/22 financial year should be smooth sailing. . Whether this is your first time finalising your EOFY with STP, you’re an old hand, or you need to submit payment summaries for your employees – by following these steps y

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Container Cost Management: Allocating Kubernetes Costs The Easy Way

CloudZero

Containers are one of the most popular ways for businesses to deploy applications. They provide an easy method of packaging applications into self-sufficient units that can be used, moved around, and re-used in any number of ways without breaking the overall functionality of your software.

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Democrats urge IRS to boost drivers’ 58.5-cent mileage deduction

Accounting Today

Tax 325
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What matters most to small businesses in this Federal Election?

Xero

In less than a week, millions of Australians will cast their ballot in this year’s Federal Election. This is a chance for eligible voters to have their say about who will be our next prime minister and which parties will have the most influence in Federal Parliament. . For our nation’s self-employed community – comprising 2.4 million people or roughly 10 percent of the voting population – this election outcome feels especially important.

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FinOps Shared Responsibility Model

The FinOps Alliance

The theory When someone starts their journey into the AWS cloud resources and services, one of the first things they are bound to run into is the AWS Shared Responsibility Model for security. The model describes how it is both up to AWS and the end user to ensure that their cloud workloads are sufficiently secure. AWS makes the destinction between security of the cloud and security in the cloud.

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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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5 Top Cloud Financial Management Software Solutions In 2022

CloudZero

Cloud computing offers nearly limitless capacity on-demand, but left unmanaged, that flexibility can lead to surprisingly high monthly cloud bills.

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Tax season wasn’t as bad as some expected: Survey

Accounting Today

Tax 318
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A short guide to Making Tax Digital for hospitality

Xero

The hospitality industry is no stranger to new challenges. From pandemic restrictions to Making Tax Digital (MTD), hospitality businesses have had to stay agile and adapt to many changes in the past few years. In this guide, we’ll look at what the government’s Making Tax Digital initiative means for your hospitality business in practical terms. We’ll also explore how the additional benefits of digitisation and cloud-based accounting software can help you run a healthier business.

Tax 246
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FCPA Compliance in M&A | Oversight

Oversight

The Foreign Corrupt Practices Act (FCPA) , enacted in 1977, generally prohibits the payment of bribes to foreign officials to assist in obtaining or retaining business. The FCPA can apply to prohibited conduct anywhere in the world and extends to publicly traded companies and their officers, directors, employees, stockholders, and agents. Agents can include third-party agents, consultants, distributors, joint-venture partners, and others.

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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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WEBINAR: Hiring and Keeping Your Talent In The Great Resignation

accountingfly

Is your firm struggling with retaining accounting talent or making hires? If so, your firm is not alone. The problem is real! CPA firm turnover is at record levels, leaving firm staff overwhelmed and struggling to deliver for clients. To combat this, Jeff Phillips will give your firm the playbook to immediately decrease your talent loss, retain your best staff, and fill your open roles.

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IRS increases interest rates for Q3

Accounting Today

Tax 307
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How Candice Brown tackled Making Tax Digital and kept her pub pouring through the pandemic

Xero

It’s hard to overstate how damaging the global pandemic was for local pubs. Many of these businesses are institutions – not simply a place to get a cold pint, but a home away from home, with friendly staff, possibly a sleepy dog and, if you’re lucky, a roaring fire. . Yet, forced to shut their doors as the pandemic ripped through our lives, many struggled to cope with the restrictions that kept customers away.

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What Is A Recurring Transaction?

EasyBooks

When a customer pays an amount at regular intervals for a subscription or membership fee, this is known as a recurring transaction. For instance, spending $10 per month to access premium content on your website is a recurring transaction.

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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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Switch to FreshBooks in May to Track Business Expenses the Easy Way

FreshBooks

Unless you filed an extension (which is a great idea by the way), tax season might feel like it was months ago…wait, it was right? Now that it is, it’s time to start thinking about getting ready and staying ready for next year. Whether you had things in order or not, it’s never too early […] The post Switch to FreshBooks in May to Track Business Expenses the Easy Way appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners.

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KPMG Audit Kickstart CPA program will pay new hires to study

Accounting Today

CPA 300
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Everything you need to know about digital links for Making Tax Digital

Xero

As a small business owner getting to grips with what’s needed to comply with Making Tax Digital (MTD) for VAT, you’d be forgiven for feeling a little overwhelmed by the number of actions and items you’ve likely never encountered before. From bridging software to HMRC-compliant solutions , you may still be playing catch up. Now, we turn to digital links , which have been mandatory for MTD for VAT compliance since April 2021 and play a vital role in connecting software packages and submitting MTD-

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Orphan 1040s

Cloud Accounting Podcast

Sponsors OnPay: [link] FreshBooks: [link] Canopy: [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes 2:57 – Tether (USDT) stablecoin drops below $1 peg [link] Bitcoin plunged to its lowest level since December 2020 as a cryptocurrency selloff gathered steam [link] 10:46 – Crypto investors likely pay less than half the taxes they owe [link] 12:05 – Web3 accounting firm officially launches on Tactic.com

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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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Homebuilding Permits Tumble in April

NACM

The housing market is showing signs of cooling, as U.S. homebuilding permits dropped to a five-month low last month, Reuters reports. "Homebuilding was already being constrained by soaring prices as well as shortages of materials," the article reads. "The housing market is the sector of the economy most sensitive to interest rates, with building pe.

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Tips to avoid an audit on a like-kind 1031 exchange

Accounting Today

Auditing 291
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Ep. 183: Casey Woo – CFOs are on a mission to grow

IMA's Count Me

Connect with Casey: [link] Full Episode Transcript: Adam: (00:05) Welcome back to the Count Me In podcast. I'm your host. Adam Larson in today's guest is really interesting. Casey. Woo. Casey's been a strategic financial leader in Silicon valley for the past two decades, investing in an operating high growth tech and tech enabled companies. He is the CFO of landing, the former head of strategic finance at WeWork and the co-founder of operators Guild, a knowledge sharing community for CFOs and ot

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IRS probed hundreds of cases of unauthorized access to taxpayer data

Accounting Today

Tax 280
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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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IRS may start collecting more demographic info

Accounting Today

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Should I stay or should I go? What it means to move your CPA firm to the cloud

Accounting Today

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AICPA announces 2021 Elijah Watt Sells Award winners

Accounting Today

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On the move: RubinBrown elects new MP

Accounting Today

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Automation, Evolved: Your New Playbook for Smarter Knowledge Work

Speaker: Frank Taliano

Documents are the backbone of enterprise operations, but they are also a common source of inefficiency. From buried insights to manual handoffs, document-based workflows can quietly stall decision-making and drain resources. For large, complex organizations, legacy systems and siloed processes create friction that AI is uniquely positioned to resolve.