Sat.May 18, 2024 - Fri.May 24, 2024

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CAQ asks PCAOB to delay standards

Accounting Today

The Center for Audit Quality wants the Public Company Accounting Oversight Board to postpone sending two of its newly approved standards, on quality control and auditor responsibilities, to the SEC for final approval.

Auditing 314
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AccountingDepartment.com Earns a Spot on the Woodard 2024 Top 50 Accounting Services Practice List

Accounting Department

We are thrilled to announce that AccountingDepartment.com has been awarded a spot on the Woodard 2024 Top 50 Accounting Services Practice list. Earning this distinction is a testament to AccountingDepartment.com's commitment to excellence for its clients.

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Tips from our own London local to help you make the most of Xerocon

Xero

Xerocon London 2024 is nearly here! World class speakers, innovative new tools and workflows, and a chance to connect with community peers, thought leaders and industry experts. From embracing uncertainty and the new frontiers of technology, to mastering app stacks, this year’s Xerocon is set to bring more inspiration and innovation than ever before.

XERO 166
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Intuit Aligns TurboTax and Credit Karma to Create Seamless End-to-end Consumer Experiences

Intuit

To significantly accelerate creating seamless, end-to-end consumer experiences that customers benefit from year-round, Intuit is more closely aligning TurboTax and Credit Karma under Mark Notarainni, executive vice president and general manager of the Consumer Group. Joe Kauffman, currently President of Credit Karma, has been named CEO of Credit Karma, effective August 1, 2024.

Tax 130
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If It Aint Broke, Don’t Fix It: A Dangerous Mindset

Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be

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GASB plans new standards and guidance for accountants

Accounting Today

The Governmental Accounting Standards Board is getting ready to roll out new rules and proposals for state and local governments, including improvements to the financial reporting model, classification of capital assets, and measurement of infrastructure assets.

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QuickBooks Desktop is Sunsetting - Here's What You Need to Know

Accounting Department

In a move that mirrors the broader trend towards cloud-based solutions, QuickBooks has announced it is sunsetting its Desktop version. If you're a QuickBooks user or a small business owner reliant on this software, this news may initially sound alarming. However, this transition opens up a new chapter of efficiency, accessibility, and integrated services through QuickBooks Online.

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Beef up the benefits of automation with a well-defined invoice approval process

Cevinio

Dive into the transformative effects of automating invoice approvals with Cevinio, highlighting how it enhances efficiency, accuracy, and compliance […]

Invoicing 100
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IRS tax audits may show unintended racial, ethnic bias

Accounting Today

The Internal Revenue Service doesn't collect data on taxpayers' race or ethnicity, but some of its methods could lead to disparities in its audit rate.

Auditing 325
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How to Use Microsoft Machine Learning Studio for Non-Developers

Fidesic blog

Want to get started building Machine Learning environments in accounting?

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QuickBooks Online Payroll: "New" Digitized I-9 Form

Insightful Accountant

QuickBooks Online Payroll has recently added a digitized I-9 process that works as part of QuickBooks Workforce. Murph takes you through the steps of using this new functionality.

Payroll 105
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Business Travel Expense Strategies for Everybody

Global business travel is surging, with companies spending as much as or more than they did before the pandemic. This trend is expected to continue, with more growth on the horizon. The types of travelers are also changing, with millennials and Gen Zers taking on the majority of the load. Business travel is evolving, and younger generations expect less hassle, even though there are more ways to book and pay for travel than ever before.

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Purchase Order

Tipalti

Learn about the key aspects of purchase orders and how they can affect your procurement process and invoice management. Optimize your PO processing today for business efficiency.

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On the move: Baker Tilly appoints next MP of tax

Accounting Today

Connecticut Society of CPAs installs board of directors; CohnReznick establishes merger integration and carve-out services practice; and more news from across the profession.

Tax 294
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The wisdom of being a lazy CPA

Blake Oliver

Once you see how much more value you and your managers can deliver to the firm when you're freed up from doing routine client work, you'll never want to go back to the old way of doing business.

CPA 89
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Future Forward Starts Tomorrow

Insightful Accountant

Day 1 of Future Forward begins tomorrow, May 21, 2024 at 11:00 AM Eastern-daylight-savings Time. It a power packed day of education that can impact your clients and your practice.

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4 Things Great Companies Do to Improve Cash Flow

Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

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The Impact of Timing Can Maximize Payment Collection

Enterprise Recovery

Timing plays a crucial role in optimizing payment collection strategies. Payment deadlines, reminders and utilizing technology can help increase the likelihood of on-time payments. The basic gist is this - the sooner you can attempt to collect on past-due payments, the more successful you will be. Strategically timing payment collection efforts can enhance the overall collection process and increase the success rate in recovering past-due payments.

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Two-thirds of businesses say audits hinder growth

Accounting Today

Traditional audits may hinder business growth potential as accounting firms are slow to embrace modern approaches, according to an Inflo report.

Auditing 321
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The Power of Words: How to Build Trust & Empathy In Healthcare

RevCycle

In the realm of healthcare, customer service takes on a whole new meaning. It’s not just about resolving billing issues or appointment scheduling; it’s about navigating sensitive situations, fostering trust, and providing a sense of comfort during a potentially stressful time. Here’s where the power of words comes into play. Words Can Build Bridges (or Walls) The language we use in healthcare customer service has a profound impact on patients.

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Woodard® announces the keynote speakers for the 2024 Scaling New Heights® conference

Insightful Accountant

Scaling New Heights® conference will be held June 16-19, 2024, in Orlando, Florida and will feature some of the most inuential and dynamic voices in accounting, bookkeeping, and business to encapsulate their theme of “Boldly Go”.

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The Financial Leaders Playbook: How To Deliver Insight, Oversight, And Foresight

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

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4 Ways Accountants & Bookkeepers Can Turn Client Payroll & HR Data Into Business Intelligence

The Successful Bookkeeper

For bookkeepers, learning is continuous, and this season provides a great opportunity to refocus and level up.

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IRS extends Free File through 2029

Accounting Today

The program with third-party tax vendors will continue for another five years despite the IRS's recent Direct File pilot test.

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QuickBooks Enterprise Silver, Gold, Platinum, and Diamond: What’s the Difference?

Ace Cloud Hosting

QuickBooks Enterprise is a powerful accounting software designed for midsized to large businesses. It has the most advanced features compared to other editions of QuickBooks. Its core functionalities encompass advanced.

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Top 10 Arabic OCR Software in 2024 (Free & Paid)

Nanonets

Are you looking for Arabic OCR Software? Try Nanonets OCR for free. Trusted by 500+ enterprises to extract data from 30Mn+ documents. Start a free trial or request a callback. Try Nanonets OCR Schedule a Demo Need to extract Arabic text from documents so that it can be edited and stored? An Arabic OCR software can help you achieve just that. The Arabic language is written in a script that differs from the Western alphabet.

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Grow Big, Pay Smart: How To Unlock Efficiency In Payroll Management

Speaker: Joe Sharpe and James Carlson

Running a small business is no small feat. Payroll management, in particular, can be one of the most time-consuming and complex parts of that equation. Yet, businesses that crack the code on streamlining these processes often discover not just savings, but new avenues for growth. Our expert speakers will share actionable insights and real-world examples of how businesses have reduced overhead and improved payroll efficiency.

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Leveraging IRS Online Tools

Insightful Accountant

The Internal Revenue Service (IRS) has been steadily expanding its suite of online tools and services for tax practitioners, aiming to streamline processes and improve efficiency.

Tax 59
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Melancon to retire at year's end

Accounting Today

The long-time head of the AICPA — and one of the foremost leaders of the profession — will step down on Dec.

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CCH ProSystem fx Hosting Benefits: Top Reasons to Move on Cloud

Ace Cloud Hosting

For tax professionals and firms, efficiently managing large volumes of paperwork, saving multiple forms, and maintaining various documents can be daunting. During the hectic tax season, gathering all this information.

Tax 81
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CAS vs. CAAS vs. Profit First w/ Ron Saharyan

Jetpack Workflow

Podcast Summary On this episode of Growing Your Firm, host David Cristello welcomes back Ron Saharyan , co-founder of Profit First Professionals. They explore the concept of value pricing and its importance in pricing services based on the value provided. The conversation delves into various topics, with a promise of exciting announcements between Jetpack and Profit First at the end of the episode.

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7 Essential Criteria for Choosing the Right Payments Partner

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

In this webinar, Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms, will dive into the 7 must-have criteria for evaluating payments partners, helping you maximize both efficiency and the long-term value of your investment. From assessing technology capabilities to leveraging business development opportunities, this session will give you a clear, actionable strategy to select the right partner for scaling your business.

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The Strategic Benefits of Outsourcing Bookkeeping for Small Businesses

Less Accounting

For small businesses, finding the right balance between managing core operations and handling finances can be challenging. Bookkeeping is crucial for understanding your business’s financial health but can be time-consuming and error-prone if not managed properly. Outsourcing bookkeeping services offers a solution that blends cost savings, efficiency, and expert financial insights, which can be transformative for small businesses.

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Art of Accounting: Data focus plan

Accounting Today

Strategic planning meetings and retreats for the firm should be free of distractions to be successful.

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Ace Cloud Is Going to Scaling New Heights 2024

Ace Cloud Hosting

We’re excited to announce that Ace Cloud is going to be a part of Scaling New Heights (a leading accounting technology event and the largest gathering of bookkeepers and accountants.

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A Clear & Simple Guide to Accounting Workflow Management

Jetpack Workflow

We’ve talked with hundreds of accounting professionals over the years and gained an inside look at how the top CPA firms organize their client work. The difference between an unorganized accounting firm and one that runs like clockwork is that organized firms implement and continually improve their workflows. In this guide, we’ll explain the importance of accounting workflows, offer examples and an accounting workflow management solution you can start using today, and share how to overcome cha

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2024 Annual Trends Survey: Expense Management Insights

Uncover the latest trends in expense management for small and medium-sized businesses. Our 5th Annual Trends Survey reveals that corporate card use is skyrocketing, but expense software isn't keeping up. This mismatch is creating real challenges for finance teams, who now take an average of 14 days to close their books. Travel policies are shifting to accommodate hybrid work, but many companies are struggling with off-tool bookings.