Sat.May 28, 2022 - Fri.Jun 03, 2022

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Meet five apps creating new ways to do business in 2022

Xero

Cloud-based apps and tools, like those in the Xero App Store or wider Xero Ecosystem, have given small businesses the ability to use a combination of apps to build their own bespoke business engine. And according to the numbers, the more apps the merrier. Our research has shown that organisations who use five or more apps have seen sales growth of 4.3% , while those who don’t use any at all have experienced a 3.4% decline (year to December 2020).

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Crowdfunding complexities may produce tax surprises

Accounting Today

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What Makes a Successful IPO: Metrics You Need to Know

Sage Intacct

The most significant step for many SaaS companies is going public, and many financial leaders are wondering if they should, how they can, and why it's essential. Getting to an initial public offering (or IPO) will hold a company more accountable than ever, and the process requires a tremendous amount of financial discipline, disclosure, planning, and strategic direction.

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What Is S3 Intelligent-Tiering? Here’s What You Need To Know

CloudZero

Here’s the thing. You frequently access some files, but not others. So, if you can determine the most appropriate storage tier for any given data/object automatically, you can transform it accordingly.

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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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We’re back! Introducing New Zealand Roadshow – the Tiny Edition 2022

Xero

We’re hitting the road again with Xero Roadshow 2022, but this year it’s a tiny bit different. We’re taking the Xero tiny home on the road to connect with you in your local communities, so it’s the New Zealand Roadshow – the Tiny Edition 2022. The Xero team will be visiting 28 locations across the country from late June to early December 2022.

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Crypto crater prompts new tax headaches

Accounting Today

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More Trending

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How To Optimize Your Reserved Instances For Maximum Cost Savings

CloudZero

Companies of all sizes can take advantage of AWS Reserved Instances (RIs) to save money on the price of standard Amazon EC2 On-Demand instances. To receive the discounted rate associated with AWS Reserved Instances, you must commit to a year or three years of usage.

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Welcoming our new US Xero Partner Advisory Council (XPAC) members

Xero

Xero continues to grow in the US and Canada, and it’s important that we continue to seek feedback from our partners and advisors on how best to meet their needs. We recently hosted our US Xero Partner Advisory Council (XPAC) meeting in Denver to hear from our valued accounting and bookkeeping partners about what matters most to them. Our XPAC members provide crucial insights and advice, and help inform us on the issues and challenges they’re seeing in the accounting industry.

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IRS tries to boost audit rates of wealthy

Accounting Today

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Future-Proofing the Office of the CFO: A Conversation With Kitty Payne About Using Technology to Boost Financial Team Productivity

AvidXchange

While many of us are ready to move on from the COVID-19 pandemic, we can’t deny how much the way we work and live has changed over the past two years – especially for finance professionals. Using that lens, I’ve been having conversations with chief financial officers (CFOs) and other financial leaders from across the United States about how they’ve adapted their management styles and relationships with innovation and technology since the onset of the global pandemic.

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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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How To Present ROI On Cloud Computing To The C-Suite

CloudZero

When each quarter’s financial report lands on the desks of a company’s C-Suite executives, those execs are essentially looking at a black box of spending and revenue.

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That’s a wrap on Roadshow Australia 2022!

Xero

What a hectic few years we’ve all gone through, and the accounting and bookkeeping community has undoubtedly faced some of its toughest challenges yet. What’s more, they’ve done it largely in physical isolation, working behind a screen and over the phone to keep small businesses – and sometimes, each other – afloat. So if there’s one thing we can all agree on, it’s that nothing beats #human connection.

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EY considers splitting off audit firm

Accounting Today

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Healthcare Staffing 2022 – Crisis Point

RevCycle

The COVID 19 pandemic has exacerbated the effects of what was already a demanding industry to work, making staffing even more difficult. For example, 60 – 75% of clinicians report symptoms of exhaustion, depression, sleep disorders, and PTSD; while nurses are equally stressed, said Dr. Victor Dzau (President of the National Academy of Medicine). These are jarring figures on a human level.

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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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Is ESG Accounting a Scam?

Cloud Accounting Podcast

Sponsors Canopy: [link] Synder: [link] A2X: [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes 3:23 – Adam Neumann's blockchain-based redemption story now sponsored by a16z [link] 6:46 – Kicking off the AICPA ESG Symposium [link] 13:51 – Bolt lays off employees in company restructuring [link] FinTech Startup Bolt Financial Plans Layoffs [link] 16:03 – IRS raids alliantgroup offices [link] The IRS I

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Bringing together our South African accounting community

Xero

What an amazing few days for team Xero in South Africa. We brought our Roadshow event back last week in Cape Town and Johannesburg. I loved seeing all the positive reactions from the 2,000+ accountants, bookkeepers, banks, apps and other industry partners. We’ve all missed being together in person, so it was great to see our community and hear from some inspirational guest speakers.

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IRS levy prevails over decedent’s children’s interest in estate

Accounting Today

Tax 294
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FCPA Compliance in M&A | Four FCPA Case Studies to Learn From

Oversight

F CPA regulation is an evolving landscape, fortunately, case studies provide us with a window into the inner workings and past precedents of mergers and acquisitions. Each case study we dive into was based on an important ruling or outcome in different scenarios.

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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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Shanghai Slowly Lifts COVID Lockdown

NACM

After more than two months of COVID-related lockdowns, Shanghai started lifting restrictions today. However, it will likely take some time for China's economy to recover, especially while the country's zero-COVID policy remains in place."There is still quite some uncertainty and a scare that if there is a positive case in the office building or in.

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XSBI data indicates early impact of rising cost of living

Xero

Xero Small Business Insights (XSBI) data for April 2022 shows signs of emerging risks to small businesses in the UK, Australia and New Zealand. The rising cost of living pressures, inflation, ongoing supply chain issues and tight labour markets are some of the key factors contributing to small business performance. The Xero Small Business Index is a unique indicator that uses timely data to show how small businesses are performing overall each month.

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Kepczyk: AI’s effectiveness will depend on what we teach it

Accounting Today

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What is eBilling? Electronic Billing FAQs

AvidXchange

Electronic billing, e-billing or eBilling, is a process businesses can use to get paid quickly and more securely without dealing with the hassles of paper bills and check payments. Electronic bills allow both bill delivery and payment to take place completely online, which improves efficiency while cutting costs. If this sounds like something your business could benefit from, learn more about how invoice management software works and why it may be a good fit for any business with recurring bills

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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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EU To Ban Most Russian Oil by Year-End

NACM

European Union leaders agreed late Monday to immediately ban 75% of oil imports, with plans to reach a ban on 90% of Russian oil by the end of this year, the Associated Press reported. The sanction covers oil imported by sea, but allows a temporary exemption on imports delivered by pipeline, "a move that was crucial to bring landlocked Hungary on b.

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Latest product news — June 2022

Xero

We’ve made a number of enhancements to the Xero platform in the last month, including updates to quotes, reporting, Xero Analytics Plus, WorkflowMax and more. New features. Send files as email attachments with quotes — Global. In the weeks ahead, we’re rolling out a new feature that will allow you to send files as email attachments with your quotes.

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Tech News: Intuit recognizes Small Business Heroes

Accounting Today

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IRS looks for deputy chief taxpayer experience officer, contact reps

Accounting Today

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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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Art of Accounting: Scarcity of Black accountants

Accounting Today

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Generational Viewpoints: Clients in succession

Accounting Today

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IRS pilots new retirement plan compliance program

Accounting Today

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Internal conflict over tech imposes hidden costs

Accounting Today

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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.