Sat.Mar 30, 2024 - Fri.Apr 05, 2024

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Simplifying the Monthly Close Process with These Simple Strategies

Accounting Department

The month-end is coming up and that means it is time to close. A monthly close can be a laborious process that is dreaded by some accounting and finance departments, but it doesn't have to be that hard!

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IRS investigating almost $9B in pandemic fraud

Accounting Today

The agency has indicted almost 800 people for COVID fraud, and has a 98.5% conviction rate.

Tax 336
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Intuit Survey: U.S. High School Students Want Financial Education at School

Intuit

Financial education has the potential to improve the lives of millions of high school students by giving them the skills they need to make informed decisions. Yet according to Intuit’s Financial Education survey, most high school students today rely on their parents for any financial knowledge. The survey shows that there is a massive opportunity to fill this gap and empower the next generation by teaching financial education in our schools.

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The Transformative Impact of Automating Payments on Accounts Payable, Finance, and Treasury Teams

Ascend Software blog

In today's digital era, businesses are constantly seeking ways to boost their operational efficiency and streamline complex processes. One pivotal area that stands out for potential optimization is the Accounts Payable (AP) department. Traditionally bogged down by manual, paper-based tasks, the AP process can be a significant drain on resources and time.

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

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Unveiling the Power of Technology & Tips for Staying Ahead | Beyond the Books Podcast by AccountingDepartment.com

Accounting Department

We are thrilled to announce that Episode 16 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.

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Inside the Top 100 Firms for 2024

Accounting Today

A look at the numbers behind the biggest firms in accounting this year.

More Trending

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What is MagiCapture? Accounts Payable Tools

Fidesic blog

In this blog post we will tell you what MagiCapture is, who it's for and how it can help you improve your accounting department.

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Ease the Stress of Gov-Con Accounting with AccountingDepartment.com

Accounting Department

Outsourced accounting services play a crucial role in providing valuable assistance to business owners, CEOs, and entrepreneurs. With our extensive experience at AccountingDepartment.com, we have successfully tackled a myriad of challenges that businesses encounter in their accounting processes.

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Uncertainty surrounds CTA — for accountants and small biz

Accounting Today

Ongoing court cases and questions about whether accountants can actually work on BOI reporting make the Corporate Transparency Act a source of serious confusion.

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Top Remote Accountants for Hire | April 4, 2024

accountingfly

Top Remote Accounting Candidates This Week Looking for remote accountants? Accountingfly can help! With our ‘ Always-On Recruiting ‘ program, you can access highly skilled and experienced remote accountants with no upfront cost. These are just a few of our top candidates this week. Sign up now to receive our full list of top accounting candidates available weekly!

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Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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The AI Revolution: Navigating the Future of Tax Practices

Insightful Accountant

AI is transforming the tax industry, yet professionals are wary of embracing it fully due to data security, ethics, and client relationships. Practice owners must navigate this shift for success.

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Why Drake Software on Cloud Makes Sense?

Ace Cloud Hosting

Drake is a simple-to-use tax management software that allows professionals to file taxes accurately and quickly. It offers features such as automated data flow, multi-state returns, etc., allowing you to.

Tax 105
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Crowe adds economic research firm

Accounting Today

The Top 100 Firm has merged in ITR Economics to boost its advisory capabilities.

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Accountingfly Hiring Update: April 2024

accountingfly

Sharing our perspective on the latest trends impacting talent acquisition in the accounting industry. Market Trends: RTO Causing Tax Pros to Head for the Door; 2024 Busy Season Freelancer Trends Tax Pros Fleeing RTO Firms Tax hiring season usually ends on December 31. So, we were surprised to see qualified tax candidates applying to Accountingfly in January and February 2024.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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Worth The Read - The Good, the Bad and the Ugly of It

Insightful Accountant

Who says 'progress' is always good? Sometimes it's a mess. Here's one case of QB Enterprise to QBO Advanced migration that was more of the later than the former. Maybe you can help???

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Top 10 Add-ons For ProSeries Tax Software

Ace Cloud Hosting

ProSeries Tax Software is among the most widely used tax software for individuals and accounting professionals. Per the 2023 tax software survey by the Journal of Accountancy and The Tax.

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Art of Accounting: An April Fool's Day story that's true

Accounting Today

This outrageous story about an accountant's client and his wife might not seem like it's real, but it is.

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Nanonets vs Tipalti: Which AP automation is best?

Nanonets

If you've ever spent hours chasing down missing invoices, manually entering data , or chasing colleagues for approvals, you know the pain of inefficient accounts payable (AP) processes. They can be a headache for your team and a bottleneck for your business. Luckily, AP automation solutions like Nanonets and Tipalti can help. These powerful tools streamline your workflows, reduce errors, and give you back valuable time and resources.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. 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 (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). 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.

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Migrating from Intuit to Intuit - the options

Insightful Accountant

Wondering what your options are about migrating from Desktop Pro and Premier to some other Intuit accounting solution? If so, then this article is for you.

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Working 2 Hours / Week, Running a $1.6M Firm, and Rapping with Scotty Scarano

Jetpack Workflow

Podcast Summary On this episode of Growing Your Firm, David Cristello interviews Scotty Scarano, the self-titled wrapping custodian at Accounting High. Scotty, who is also the founder of a $2 million accounting firm and serves on various tech company boards, shares insights on OKRs and his rap career. Tune in to learn more about Scotty’s journey and his unique approach to the accounting industry.

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Accounting class-actions rose last year

Accounting Today

Accounting-related class-action lawsuit filings and settlements both increased in 2023, according to a new report, even though the cases took longer to be filed.

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Guide to Virtual Bookkeeping and Automation

Nanonets

Gone are the days of tedious manual data entry and stacks of paper ledgers. Businesses are now embracing the virtual to streamline their financial management processes. Enter virtual bookkeeping – a paradigm-shifting approach that harnesses the power of digital tools and automation to revolutionize traditional bookkeeping practices. Picture this: a team of expert bookkeepers diligently managing your financial records and transactions without setting foot in your office.

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How To Overcome Change Fatigue In Finance With Neuroscience-Backed Strategies

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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App Aware: Flash Reports

Insightful Accountant

If you know Excel, the Flash Reports Excel Add-in streamlines the use of your QBO data for reporting, forecasting, multi-file consolidation, and more.

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Azure Cost Management – Your Guide to Improve Cost Efficiency

Economize

Introduction to Azure Cost Monitoring Regular and proactive monitoring is essential for maintaining the efficiency and cost-effectiveness of your cloud environment. By continuously monitoring your resources, you can ensure that they operate as desired and remain within your budget. In Microsoft Azure, Cost monitoring is managed by Azure Cost Management tools.

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The link between migration and income tax

Accounting Today

A new study analyzing 110 years of state-level tax policies shows a migration of wealthy Americans to low-tax jurisdictions.

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Top 10 Bookkeeping Mistakes Small Businesses Make and How to Avoid Them

Less Accounting

Bookkeeping is the backbone of any successful business, regardless of its size. Yet, many small businesses struggle with managing their finances effectively, often making critical mistakes that can impact their bottom line. In this blog post, we share the top 10 bookkeeping mistakes small businesses commonly make and provide actionable tips on how to avoid them: Neglecting to Separate Personal and Business Finances: One of the most common mistakes small business owners make is failing to separ

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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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Reinventing the Sales Approach: How Apps Can Attract Clients Without Harassment

Insightful Accountant

Accountants want innovation without the flashy features. Let's focus on aligning with their needs and creating a seamless solution. Ditch aggressive sales tactics for a more desirable approach and shake things up in the industry.

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4 Types of Azure Billing Accounts & Tools for Cost Control

Economize

How Does Azure Billing Work? Microsoft Azure consists of numerous services and resources catering to diverse business requirements. From compute resources, and databases to analytic services, the Azure platform offers an extensive range of solutions to address your infrastructure needs.

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Only half of filers trust AI with taxes

Accounting Today

Companies using artificial intelligence have a long way to go before people will fully trust them to help with their taxes, according to a recent poll.

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10 Accounting Trends to Look Out for in 2024

Ace Cloud Hosting

The accounting industry constantly evolves and grows. The accounting industry faces changes over time as new technologies are introduced and the old methods then become outworn. Tax professionals are turning.

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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.