Sat.Jun 18, 2022 - Fri.Jun 24, 2022

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Four ways to build a fighting fit practice in FY23

Xero

The world of advisory has undoubtedly changed over recent years. Since the pandemic’s arrival, many practices have had no choice but to adapt to an environment where uncertainty is the new norm. And despite some persistent challenges – such as hiring staff and rapid regulatory changes – this evolution has also brought about countless chances to grow, connect and innovate. .

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IRS adds options for electronically amending 1040s

Accounting Today

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Financial Dashboards and Metrics for Software Companies

Sage Intacct

If you’re the CFO of a subscription billing company, you want to bring clarity to decisions, understand where to invest, and track cash-flow and SaaS metrics, in the chaos of dynamic, competitive markets. The best CFOs balance out this equation by giving their departments clarity and direction with SaaS metrics and role-based financial dashboards.

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The 15 Best Continuous Deployment Tools In 2022

CloudZero

Today's technology companies need to release quality features quickly and put them in users' hands even quicker. According to the State of DevOps Report , organizations with CI/CD tools deploy 208X more often and have a 106X shorter lead time than organizations without one.

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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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10 questions you should ask your advisor this tax season

Xero

Xero partner and accountant Andrew Van De Beek of Illumin8 shares 10 questions every small business should ask their advisor this tax season (and beyond). . When it comes to tax time, small business owners (perhaps, yourself included) typically have a lot of questions for us advisors. But sometimes, knowing what to ask – or even how to ask it – can be a challenge.

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Taxpayer advocate sees much larger backlog than IRS reported

Accounting Today

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More Trending

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How A Cost Intelligence Mindset Will Help You Survive The Tech Industry Slowdown

CloudZero

In the past couple of months, after nearly a decade of huge returns and steady growth, the tech industry has officially slowed down.

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Preparing a Service-Based Business for Recession

Stephanie Peterson

Recessions are a natural part of the economic cycle and are unavoidable. On average, they typically last about a year but can cause significant harm to an unprepared business. During a recession, typically, unemployment rates increase, profit margins weaken, and credit is challenging to obtain. Service-based companies usually suffer the most during a recession as they commonly start seeing delays in payments from their clients, have a loss in clientele, and struggle to acquire new business.

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IRS makes more progress on tax return backlog

Accounting Today

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Podcast – Episode #3 – Making FinOps Predictable Through Governance (Live edition)

The FinOps Alliance

In this live edition of our podcast, we invited our network to join us and ask your burning FinOps questions! The central topic is Making FinOps Predictable Through Governance. In this conversation we touch on being able to forecast your cloud spend and how to keep governance of your budgets and the various models you can use to maintain this. The post Podcast – Episode #3 – Making FinOps Predictable Through Governance (Live edition) appeared first on The FinOps Alliance.

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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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What Is Spot Instance Advisor? A Beginner-Friendly Guide

CloudZero

Amazon Web Services (AWS) provides three types of Elastic Compute Cloud (EC2) instances; On-Demand Instances, Reserved Instances (RIs), and Spot Instances. EC2 On-Demand instances are the default and most expensive instances. RIs and Spot instances offer discounts of up to 72% and 90% on On-Demand instances, respectively.

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Independent Contractor Status vs. Employee

Stephanie Peterson

One of the most common errors a business can make is not having the correct status for a worker. The IRS is clear on what differentiates employees from independent contractors. There are three defining areas the IRS takes into consideration: behavioral control, financial control, and the parties' relationship. Behavioral Control: Employees Employees typically work specific hours as directed by their employer and at a location that the employer determines.

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Tax compliance and controversies on the rise

Accounting Today

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How AP Automation Modernized a Family Construction Business

AvidXchange

Becky Sorrells of Sorrells & Co. shares how AvidXchange helped solve her invoice and payment challenges in the construction industry Sorrells & Co. , a design + build construction company in Waco, Texas, is a family business started in 1998. The company created Waco’s first master planned community on the 120-acre Sorrells family farm and has since developed multiple residential and commercial neighborhoods.

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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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Paid diagnostic review: Every bookkeeper’s weapon for taking on a big QuickBooks Online cleanup

5 Minute Bookkeeping

Knocking out a big QuickBooks Online cleanup project requires the right preparation, tools, and strategy. Imagine if a boxer were to walk into the ring unprepared, without a strategy or the tools to take on their opponent – they would most likely lose the fight. Are you facing the challenge of a messy QuickBooks Online cleanup project, and want to triumph?

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FCPA & Travel & Expense | Two Keys to FCPA Compliance with Technology

Oversight

You’re sitting at your desk when you get a call. “This is Tom from the Department of Justice (DOJ), we have reason to believe your company may be out of FCPA compliance. We are sending in auditors to assess the situation.

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What to do when the IRS balance-due notice arrives

Accounting Today

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How Controllers Become Great CFOs

AvidXchange

You’re a successful financial controller. And now you’re ready to take your career to the next level. You want a seat at the main table in the C-suite as a CFO, but you don’t just want the title. You want to be a great CFO, a transformational business leader. So how do you accomplish this? We’ve pulled together a collection of tips to help you get started.

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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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Why Accountants Don’t Trust Tech

Cloud Accounting Podcast

Sponsors Canopy: [link] A2X: [link] Synder: [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes 4:18 – Listener mail on Clearspend shutdown 10:11 – Brex, which started out serving startups, now says it is ‘less suited to meet the needs of smaller customers’ | TechCrunch [link] Brex | Why am I no longer qualified to be a Brex customer?

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The next step in our journey towards a unified client record

Xero

If you’re an accountant or bookkeeper, you’ll know that having consistent information across your practice management tools is vital. That’s why we’re working hard to create a unified client record across Xero Practice Manager (XPM), Xero Tax, and Xero HQ. This will reduce double handling of data and give you confidence in the accuracy of your records, so you can become more efficient in your day-to-day work.

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Tax Strategy: Will we get any tax legislation in 2022?

Accounting Today

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Listen to the Latest Extra Credit Episode!

NACM

Listen up! ?? This week's episode of NACM's Extra Credit #podcast is up. and this is one you don't want to miss!Check it out here: Episode #13: The Roots of Supply Chain Disruptions Run Deep (buzzsprout.com)Have you thought of ALL the ways supply chain disruptions impact credit? Hear what challenges supply snags have created for two cr.

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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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AccountingWEB Live #4: How Uncle Sam Collects His Due with IRS Deputies

Cloud Accounting Podcast

Meet Our Guests: James Robnett, Deputy Chief, Criminal Investigation LinkedIn: [link] Darren Guillot, Deputy Commissioner, IRS Small Business Division LinkedIn: [link] Learn more about IRS Criminal Investigation [link] Learn more about IRS Small Business Division [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!

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Ep. 187: Braden Cadenelli – Bringing sustainable practices to the food industry

IMA's Count Me

Connect with Braden: [link] Full Episode Transcript: Adam (00:05): I'm Adam Larson and welcome to Count Me In, the podcast that explores the world of business from the management accountants perspective. Coming up, I speak with Braden Cadenelli about the realities of implementing sustainability practices in the food industry. Adam (00:20): Braden is a professional baker in pastry chef who runs six state-of-the-art test kitchens for Puratos, a company which makes ingredients and products for bake

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Creating a holistic plan

Accounting Today

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Recession Fears Grow Rapidly After Fed Rate Hike

NACM

Talks of a recession have been swirling for months as the Federal Reserve continues to battle stubborn inflation. Economists started off somewhat conservative with their predictions of if and when the economy could slip into a crisis. But those same experts have rapidly increased their recession forecasts in recent days."Our worst fears around the.

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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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AccountingWEB Live #5: Marketing that Works w/ Lee Frederiksen

Cloud Accounting Podcast

Meet Our Guest, Lee Frederiksen: LinkedIn: [link] Accounting Today contributions: [link] Learn more about Hinge [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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Outsourced Bookkeeping for Non-Profits – Is It Right For You?

OSYB

Running a non-profit organization is no easy task. There’s a seemingly endless amount of work that needs to be done. Managing employees, applying for grants, managing funds, and so much more. And then there’s bookkeeping. It’s a task that no business owner wants to deal with—including non-profit organizations. But it’s one of the most important aspects of a successful business, whether it’s a corporation, a dental practice, or a non-profit.

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Art of Accounting: Looking forward by looking forward

Accounting Today

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Is a Gas Tax Holiday in the Cards? And Would it Actually Help?

NACM

President Joe Biden called on congress today to suspend the federal tax of 18 cents per gallon of gas and 24 cents per gallon of diesel until the end of September in attempts to ease price pressures at the pump. Biden also called on states to suspend their own gas taxes, as the cost for a gallon of gas sits at an average of $5 nationwide, according.

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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.