Sat.Jun 11, 2022 - Fri.Jun 17, 2022

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Xero App Store apps Australian small businesses should know about this EOFY

Xero

As we look towards the new financial year, it’s the perfect time to reflect on what’s needed to make FY23 the best year yet for your business. One element that shouldn’t be underestimated is the tools and technology in your repertoire. Why? Our Xero Small Business Insights report shows embracing digital tools can help small businesses accelerate their growth. .

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NJCPA names 2022 Ovation Award recipients

Accounting Today

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Tips to Boost Net Revenue Retention and Stop Churn in Its Tracks

Sage Intacct

If you’re a SaaS finance leader, your churn rate (the number of subscription cancellations you receive over a given period) is one of your most valuable performance SaaS metrics to track and improve.

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The 7 DevOps Lifecycle Phases: How To Manage Costs At Each Step

CloudZero

DevOps helps developers and operators work together to create high-quality software quickly. DevOps is a modern software development philosophy that uses various tools, processes, and people to get ideal results rapidly.

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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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App partner of the month: EzzyBills

Xero

Xero connects with over 1,000 apps that help small businesses and their advisors succeed, with most available in the Xero App Store. Each month we celebrate an app partner who stands out for helping small businesses thrive. Find out more about becoming a Xero app partner here. I’m excited to introduce June’s app partner of the month, EzzyBills – a smart, simple data processing and approvals tool for small businesses and their advisors.

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IRS issues revised audit technique guide for cost segregation analysis

Accounting Today

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7 Snowflake Alternatives to Help You Lower Costs

CloudZero

The Snowflake data cloud provides storage, reporting, and analytics for organizations that rely on their data to run their day-to-day operations. Snowflake has become a top data warehouse solution for its manageability, superior scalability, always-on data security, advanced analytics, and robust accessibility since its launch from stealth mode in 2014.

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Xero Australia’s Emotional Tax Return is back for 2022!

Xero

It’s no secret that the past few years have been some of the toughest yet for small businesses. From lockdowns and rising inflation to global and local crises, disruption has become the new norm for many. Although we’re a nation of fighters, the ups and downs have taken a toll – especially an emotional one. So, to help small businesses in need of a little respite, we’re excited to announce that Xero’s Emotional Tax Return competition is back for 2022!

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EY invests $1B in new audit technology

Accounting Today

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How AP Automation Took One Finance Department from Bottleneck to Profit Center

AvidXchange

Blair Myers from Vets Pets shares how AvidStrongroom and AvidPay integrate seamlessly with Sage Intacct Blair Myers joined Vets Pets in 2019 as a Controller, but quickly rose in the ranks to become Vice President of Finance and Accounting. Her continuous drive for improvement led the company to adopt AvidXchange as its AP (Accounts Payable) automation solution to help streamline processes, save time and ditch the paper checks and Post-its for good.

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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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Regulating Cloud Costs: How To Implement Intelligent Spending Habits

CloudZero

Whether you’re a product manager, a marketing organization, or in finance, you’re probably using the cloud in some way.

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The Big Reveal: Soulteria’s New Digs, Courtesy of Xero’s Beautiful Business Contest

Xero

Earlier this year, we announced our Xero Beautiful Business contest , which gave U.S. small business owners the chance to win a $15,000 office refresh by celebrated stylist and interior designer, Estee Stanley. Entrants were asked to submit photos and/or videos of their office, along with a description of why their workspace deserved a makeover. We are excited to share that the office makeover is finally complete!

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House committee proposes $1B funding boost for IRS

Accounting Today

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Avoiding Surprises with Azure Cost Alerts

Azure FinOps

When it comes to managing your cloud costs, the last thing you want is to be surprised. So it’s important to use whatever tools are available that help with monitoring and forecasting. On Azure, one such tool is the ability to subscribe to a cost view from the Azure Cost Analysis portal. Check out this screenshot: Azure Cost Management View Email Notification This is a periodic email I receive from Cost Analysis that shows the daily cost view of one of my management groups.

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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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The 7 DevOps Lifecycle Phases: How To Manage Costs At Each Step

CloudZero

DevOps helps developers and operators work together to create high-quality software quickly. DevOps is a modern software development philosophy that uses various tools, processes, and people to get ideal results rapidly.

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The IRS Increases the Business Mileage Rate for 2022

Stephanie Peterson

Due to the rapidly rising cost of fuel, the IRS just raised the business mileage rate from 58.5 cents per mile to 62.5 cents per mile for July through December of 2022. The Business Mileage Rate is used to compute the deductible costs of operating an automobile for business use as an alternative to deducting actual auto expenses. For vehicle use from January through June of 2022, employers and employees should use the rates outlined in IRS Notice 2022-03.

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GASB issues guidance on accounting for compensated absences

Accounting Today

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Avoiding Surprises with Azure Cost Alerts

Azure FinOps

When it comes to managing your cloud costs, the last thing you want is to be surprised. So it’s important to use whatever tools are available that help with monitoring and forecasting. On Azure, one such tool is the ability to subscribe to a cost view from the Azure Cost Analysis portal. Check out this screenshot: Azure Cost Management View Email Notification This is a periodic email I receive from Cost Analysis that shows the daily cost view of one of my management groups.

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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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AI Corporate Expense Management | How AI Can Uncover Hidden Expense Fraud

Oversight

Staying ahead of fraud in the corporate world can be a challenge. Expense management is one of the most easily defrauded systems in a corporation. Utilizing AI to combat fraud is an increasing necessity in an evolving world.

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AICPA Disengage

Cloud Accounting Podcast

Sponsors OnPay: [link] Synder: [link] Freshbooks: [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes 8:24 – Obviously most CPAs are against the 150 hr rule. But what if those extra 30 hours were beneficial? [link] 14:06 – Be Great. Be American. Easier Accounting Commercial [link] 34:04 – CohnReznick charged with improper auditing conduct by SEC [link] 38:53 – Listener mail – Thank you, Dan!

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SASB Standards Board prepares for transition to ISSB

Accounting Today

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The Path Towards Advisory in Tax

Earmark Accounting Podcast

Thanks to our Sponsor! Accountests: [link] Sign up to get free CPE for listening to this podcast [link] Download the Earmark CPE App Apple: [link] Android: [link] Intuit's The Path to Advisory white paper [link] Connect with Our Guests Jorge Olavarrieta, VP of Product Management and Design at Intuit [link] Learn more about Intuit [link] Minal Babaria, CPA, CTC, CEO and Founder of KB Tax Deviser CPAs [link] Learn more about KB Tax Deviser CPAs [link] Connect with Blake Oliver, CPA LinkedIn: [li

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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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Ep. 186: Sergio Tavares – What accountants need to know about Design Thinking

IMA's Count Me

Connect with Sergio: [link] Full Episode Transcript: Neha (00:05): Welcome to Count Me In. I'm Neha Lagoo Ratnakar. And today I'm speaking with Sérgio Tavares about design thinking and why it's crucial for leaders and management accountants to understand the basics of design thinking in a digital-first business world. Sérgio is a design leader at Frog where he researches humans, culture and society to create digital solutions that better meet consumer needs.

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AccountingWEB Live #1: Atop the Summit with Seth Fineberg

Cloud Accounting Podcast

Meet Our Guest: Seth Fineberg, Editorial Manager/US Team Lead at AccountingWEB.com LinkedIn: [link] Learn more about AccountingWEB [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Get in Touch Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary.

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Virginia Society of CPAs names 2022-2023 scholarship recipients

Accounting Today

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What you need to know about quarterly updates for Making Tax Digital for Income Tax Self Assessment

Xero

Just under two years sounds like quite a long time. But then time hasn’t exactly flowed to its natural rhythm over the past couple of years. With lockdowns in place, days stretched for an age. Then, days, weeks and months whizzed by in a hurry as pubs, shops and restaurants reopened. Suddenly, it’s mid-2022. How did that happen? . While here may not be the best place to ponder the ebb and flow of time, it is worth bearing in mind when assessing the April 2024 starting date for Making Tax Digital

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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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The Latest Episode of Extra Credit Is Here!

NACM

Good morning credit professionals! ?? Get your Friday started by listening to the latest episode of our Extra Credit #podcast (And make sure you subscribe on Spotify or Amazon Music so you never miss a notification ??)[link] you know. 44% of credit professionals still work remotely either part or full t.

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AccountingWEB Live #2: Learning to Love the IRS with Eric Green

Cloud Accounting Podcast

Meet Our Guest: Eric Green, Founder of Tax Rep Network LinkedIn: [link] Learn more about Tax Rep Network [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Get in Touch Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary.

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IRS expands reliance on voice bots to boost taxpayer service

Accounting Today

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N.Y. sportsbooks ask for tax breaks as losses rise

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.