Sat.Jul 16, 2022 - Fri.Jul 22, 2022

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Four processes in Xero to make FY23 your best year yet

Xero

Ringing in the new financial year may come without fireworks or champagne, but it is a great opportunity to reflect on the present and what lies ahead. It can be a moment to pause and take note of where your business currently is and how it operates – as well as where you want to be. It’s also a useful time to make changes or upgrades, especially to systems and processes, so things will be smooth-running well into the future.

XERO 274
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IRS grilled over fake charity fraud schemes

Accounting Today

Tax 305
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How SaaS Companies Should Prepare for an IPO

Sage Intacct

Wow, an IPO is a massive milestone! It signifies that your company is a clear forerunner in its market and that it’s run and managed effectively. Going public is something a company’s leadership can be incredibly proud of.

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How to Get Accounting Clients in a Changing World

Future Firm

In this post, I’ll be outlining strategies your firm can take today for how to get accounting clients and land new business in a rapidly changing world. I’ll be backing these strategies up with statistics gathered from a recent study titled “ The Next Chapter for Small Business: How to Thrive in a Changed World ” conducted by Forrester Consulting on behalf of Xero, which surveyed 1,000+ small businesses and 1,000+ consumers around the world in June 2020 to tap into today&

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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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Xerocon Sydney by the numbers

Xero

We’re numbers people here at Xero. And we know you – our partner community – are too. So to celebrate the return of Xerocon Sydney this September, we’ve gone and rounded up some stats to give you a taste of what to expect. Because if our calculations are correct, there are 1,161 reasons (and counting) to get excited about this unmissable event for cloud accounting leaders. . 12 keynote sessions.

XERO 264
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Revamped CPA exam will bring big changes

Accounting Today

CPA 273

More Trending

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Accounting Engagement Letter: Templates, Samples & How to Create One

Future Firm

Does your firm use an accounting engagement letter when signing on a new client? This post is a deep dive into why you should. In this article, you’re going to learn about: What an accounting engagement letter for your firm is. The purpose and need of a quality engagement letter. Items to put in yours. What to use to send this valuable document. Sample sections and template letters.

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Cash flow crunch: Delving deeper into the cash flow challenges affecting small businesses

Xero

I’m so thrilled to be back at Xerocon London connecting with so many of our accounting and bookkeeping partners and app partner community. It’s been such a long time since we were all able to be together in person, and it’s great to be making real-life connections again. . As we all begin to navigate this post-pandemic business environment, it’s clear that many small businesses have faced huge challenges.

XERO 262
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Freelancers and gig workers facing tax challenges

Accounting Today

Tax 265
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K3s Vs K8s: What’s The Difference? (And When To Use Each)

CloudZero

Kubernetes, or K8s, is an open-source, portable, and scalable container orchestration platform. With K8s, you can reliably manage distributed systems for your applications, enabling declarative configuration and automatic deployment.

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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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5 Steps to Build Your Revenue Recognition Strategy

Sage Intacct

Revenue recognition is at the heart of accounting for SaaS and subscription companies. But it is complicated. However, you can quickly study and optimize your unique version of calculating deferred revenue.

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Announcing Xero Go: Our new app for UK-based sole traders

Xero

It was so exciting to be back on stage at Xerocon London this morning for the first time in nearly three years. I’ve really missed the opportunity to connect in person with our amazing accounting, bookkeeping and app partner communities — especially on such a large scale. I was also really excited about one of the reasons I was on stage — to unveil the early release of Xero Go , a new mobile app we’ve developed to help ease the burden of financial admin for sole traders in the UK.

XERO 261
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Are you ready for the crypto tax storm?

Accounting Today

Tax 265
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What Is AWS Application Cost Profiler? (+ A Better Solution)

CloudZero

One of the best features of the public cloud is that it utilizes a model that enables multiple organizations to share cloud resources. This approach leverages economies of scale, ensuring each tenant sharing those resources receives a lighter bill than if they utilized a private cloud dedicated to just them.

Billing 98
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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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5 Bookkeeping Errors that are Costing Your Business

Stephanie Peterson

Due to a lack of knowledge of proper accounting procedures and regulations, many small business owners often make costly bookkeeping errors in their early years of operation. Here are 5 of the most common bookkeeping mistakes small business owners make. Managing Your Books By Yourself Money management is undoubtedly a crucial task and should be left for professionals to handle.

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Unveiling Xero’s commitment to small business employers

Xero

Running a small business certainly isn’t easy — and the pressure only increases when it comes to managing employees. But they play a really critical part in enabling the UK economy. . Did you know that in 2021, small and medium-sized businesses in the UK had a combined turnover of £2.3 trillion and employed 16.3 million people in the UK, which accounts for over 60% of all private-sector employment ?

XERO 228
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The risky side of tax-loss harvesting that advisors need to know

Accounting Today

Tax 265
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What To Look For In A Cloud Cost Tool: Must-Haves And Red Flags

CloudZero

When you’re already strapped for time and bogged down by cloud bills that seem higher than they should be, you may not be inclined to devote months to researching the best cloud cost tools. And unless you’ve used a cost tool before, you may have no idea where to start.

Billing 98
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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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How to Close Your Business with the IRS

Stephanie Peterson

Let's face it; many businesses will come and go. The U.S. Bureau of Labor Statistics estimates that 1 in 5 U.S. businesses fail within the first year, and nearly half of all companies close by their 5th year in business. Due to the Covid-19 pandemic and tough economic times, many companies are currently struggling to keep their doors open. Whether you have a sole proprietorship, partnership, LLC, or corporation and are in need of shutting down, you must file certain forms with the IRS, including

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How digitalisation can make your practice invaluable to your clients

Xero

This is a guest post by Lara Mulady, Senior Content Strategist at Pleo – an end-to-end expense management solution that seamlessly integrates with Xero. . Accounting has always been a careful balance of calculations and consulting. But when push comes to shove, it’s often the strategic consulting work that gets pushed to one side to make time for the time-bound and legally required ‘traditional’ bookkeeping tasks.

XERO 210
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Value Reporting Foundation ‘sunsets’ into ISSB

Accounting Today

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Why Compliance is a Good and Necessary Investment

Oversight

Fair is fair when it comes to fighting for billion-dollar contracts, right? So, what’s the harm in flying a group of foreign officials to lavish destinations for a weekend of fun and indulgence?

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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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Healthcare RCM: Here Come the Corporations!

RevCycle

Make no mistake, the healthcare industry is rife for new entries across a wide span of verticals and corporate America has taken note. This is due to the cost burden crushing consumers and employers alike; and is a natural extension of the increased consumerism patients have been exhibiting for years. The image below does a great job highlighting just what makes the marketplace so appealing to the largest corporations: Image Source: CBINSIGHTS, “The Big Tech in H

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Share your story in this year’s Xero Australia Awards

Xero

Grit and resilience have long been synonymous with the Australian spirit. But if recent years have taught us anything, it’s that our nation’s entrepreneurs embody these traits day in and day out. From the local store that’s pivoted online and gone global to the accounting firm that’s embraced flexible working to attract talent, countless success stories have emerged since the pandemic’s arrival.

XERO 205
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ESG reporting requires the right people and processes

Accounting Today

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So Much Fraud

Cloud Accounting Podcast

Sponsors Liscio: [link] LedgerGurus: [link] Canopy: [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes 1:06 – David Picture with Luca [link] 8:30 – Celsius Owes $4.7 Billion to Users But Lacks the Money to Pay [link] Crypto Lender Celsius Files for Chapter 11 Bankruptcy [link] 13:21 – Where in the world are the Three Arrows Capital founders?

CPA 40
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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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3 Reasons to Outsource Your Accounting

Brigade

We get it, as a business owner you’re busy. And on days where you’re also the marketing team, human resources department or even the cleaning crew, accounting and finances take a back seat. In no time, those receipts, invoices and spreadsheets can pile up, and if you’ve found yourself struggling to keep up, outsourced accounting might be the solution you're looking for.

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Five breakout sessions you need to check out at Xerocon London 2022

Xero

There is so much to see and do at Xerocon London 2022 , from entertaining activities to inspiring keynotes, that it can be hard to know where to start. We recommend taking in as much as possible during the event – as well as leaving time for those all-important catch-ups with colleagues and peers – and urge you to check out some of the brilliant breakout sessions taking place across the two days.

XERO 204
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Tech News: Sage and Microsoft deepen partnership

Accounting Today

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Ep. 191: New IMA Insight: A Guide to Reducing a Carbon Footprint

IMA's Count Me

Read the report here: Management Accountants’ Role in Sustainable Business Strategy: A Guide to Reducing a Carbon Footprint Connect with the Speakers: [link] [link] [link] Full Episode Transcript: Adam: (00:05) Hello again, welcome back to Count Me In, IMA's podcast exploring the world of business from the management accountants perspective. I'm Adam Larson and today we are discussing exciting new thought leadership from IMA, which shows how management accountants are on the front lines, making

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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.