Sat.Sep 24, 2022 - Fri.Sep 30, 2022

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Changes to multi-factor authentication are coming for Australian customers

Xero

Over the last few years, our lives – and businesses across the world – have moved online at a rapid pace. Unfortunately, cybercriminals have followed and are using new, digital methods to target Australians. At Xero, we are custodians of your data and do all we can to protect the information held in your account. One of the ways we do this is through multi-factor authentication (MFA), a process designed to secure how you log in to Xero and verify it’s really you.

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How to get copies of your Facebook receipts

The Savvy Bookkeeping Blog

Using Facebook ads is a popular way to market your business. Being relatively new to creating paid Facebook ads, I do find that a lot of my time and energy is spent on coming up with the marketing material and then navigating my way around Facebook Ads Manager (Arghh, so many decisions.

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SEC advisory committee recommends revamp of FASB

Accounting Today

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Gaining Customer Awareness for Your New Business

SMB Accounting and Consulting

As a new business owner one of your first priorities is to get the word out about your company. Grassroots marketing can be a low-cost but effective way to gain a large amount of exposure to locally owned businesses or other specific audiences. Grassroots marketing involves narrowing the type of customer and making your business known to those customers you’re hoping to attain.

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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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Procore + Xero: Building a new platform partnership to help digitalize construction

Xero

As we scale our small business platform, we are always looking at ways we can work with like-minded partners to deliver best-in-class cloud tools to our customers. This is all part of the work we are doing to build out the Xero platform, catering to the industry specific needs of our customers. Speaking of building, I’m proud to announce our new partnership with Procore , connecting their industry leading construction platform into Xero. .

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The 10-Step Framework To Developing A Cloud Cost Strategy

CloudZero

Cloud cost intelligence is a game-changing way to understand where your money is going and what that means for your business. Any company with a cloud services bill can benefit from a cloud cost intelligence strategy that outlines which spending decisions are beneficial and which should be scrapped in favor of something else.

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The Emergency Mini Budget Breakdown

Dext

The Emergency Mini Budget, termed as ‘the Growth Plan’, was announced on 23rd September 2022 and it included many important updates. The announcements touched upon several areas including Business taxes and schemes, Personal taxes, Investment zones, SDLT and much more.

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A guide for understanding self-employed tax obligations, thresholds and payments

Xero

If you’re self-employed, chances are you look forward to organising and fulfilling your tax obligations as much as you would a particularly upsetting root canal. While it may be vital to your ongoing wellbeing, that doesn’t make it any less painful. . Given the ins-and-outs of the process can feel a little opaque, we’ve provided a guide that covers some of the key facets of the tax process for the self-employed – from understanding obligations and thresholds, to calculating your payments. .

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Fintech Payment Companies: What the Best Ones Have in Common

FundThrough

Fintech payment companies provide services such as credit card payments, e-commerce checkout, mobile wallets, and other financial transactions. They also offer merchant accounts and other tools to help businesses accept payments. As the global economy continues to evolve, fintech payment companies are becoming increasingly vital to the success of businesses of all stripes and sizes. […].

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The forecast calls for increased revenue

Accounting Today

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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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Redshift Pricing Explained: A 2022 Beginner-Friendly Guide

CloudZero

The Amazon Redshift data cloud provides a fast, secure, and widely accessible data warehouse solution. It is an ideal platform for performing complex analytics and processing large data sets. In addition to supporting multi-parallel processing (MPP), Redshift is also a type of Online Analytical Processing (OLAP) database.

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Get face-to-face with the Xero ecosystem at the Singapore Roadshow

Xero

Empowering small businesses with the digital tools they need to thrive is an important part of our commitment at Xero, and it is in large part through our vibrant, ever expanding ecosystem that we continue to deliver an exceptional experience. From POS systems to inventory management to payroll, Xero connects with over 1,000 apps as well as 300 banks and financial institutions across the globe.

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The Complete Guide to Cross-Border Payments and AP Automation

AvidXchange

Companies that pay suppliers abroad can leverage accounts payable (AP) automation to complete both domestic and cross-border payments in one place, decreasing the time and money spent on payment processing. In this blog, you will learn about cross-border payments including its history, definition and the benefits it can provide organizations. What are cross-border payments?

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Blooper reel: Tiny but important mistakes on returns

Accounting Today

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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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How SaaS CFOs Can Spend Intelligently in Rough Markets

Sage Intacct

Knowing how to spend effectively in turbulent markets is an art and a science. Accounting software can automate the "scientific" aspects for maximum speed, accuracy, and effectiveness.

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Xero UK’s first cyclosportive: Putting a spin on how we network

Xero

“Bicycle, bicycle, bicycle! I want to ride my bicycle, I want to ride my biiiiike” said a bunch of cycling-enthusiast Xero accountants! . When we get together with our accounting and bookkeeping community, we’re not typically dressed head-to-toe in lycra. However, for a dedicated group of Xeros and Xero partners last week, that was exactly what they did. .

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The overly ambitious aspirational trainee accountant

Accounting Fun

The young accountancy graduate, fresh out of university and knowing everything, applied for his first job in a large firm of accountants. The partner interviewing him asked what starting salary he was looking for. The young man replied: “Around £100,000 a year, plus usual benefits.” The partner responded: “Well, how does this sound? Five weeks annual leave, 15% non contributory pension, reimbursed expenses - no questions asked, free attendance at an overseas conference every year with your partn

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SEC charges Friedman with improper professional conduct in audits

Accounting Today

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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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Case Study: Tylor Hutchinson, Hutchinson & Company

Dext

For over 75 years, Hutchinson & Company has been supporting Canadian businesses with bookkeeping and accounting services. Now run by Tylor Hutchinson, the firm continues its traditional mission whilst also looking to the future by introducing technology to improve processes. Meet Tylor Hutchinson Continuing a third-generation family accounting practice of over 75 years.

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Xero and The Football Association launch partnerships to champion women in football

Xero

Where were you on 31 July 2022, when a corner was swung in and Chloe Kelly poked the ball into the net? A scrappy goal made beautiful by the weight of history, the support of a nation, and of course, 56 years of hurt. England were crowned UEFA Women’s Euro 2022 champions. . More moments like this will only be possible when the barriers facing girls and women in football are removed.

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Federal Reserve Expects Unemployment to Rise

NACM

​The Federal Reserve ramped up its fight against inflation last week with a 0.75% rate hike and hinted to more interest rate increases in the future. The Central Bank expects a jump in unemployment as a result. "There will very likely be some softening of labor market conditions," Fed Chair Jerome Powell said during a press conf.

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Security weaknesses at IRS facilities go unaddressed

Accounting Today

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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. 201: Mat Boyle – More Impact. More Profit.

IMA's Count Me

Connect with Mat Read more about Online to Offline Full Episode Transcript: Adam: Welcome back to Count Me In, the podcast that brings you impactful people and stories from across the world of management accounting. I'm your host, Adam Larson, and joining me today is Mat Boyle, CEO of Online to Offline, to discuss how businesses and management accountants can make a big difference in the world by shifting their focus from profits first to mission first.

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What data can, and should, small businesses collect about their customers?

Xero

Last week, we held our fifth Responsible Data Use Advisory Council meeting. These meetings, held quarterly, are an opportunity to discuss emerging trends around responsible data use for small businesses. . As we move into our second year, the council is evolving too. . Samuel Burmeister of Tall Books has regretfully stepped back from the council to focus his efforts on his growing business.

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British Pound Plunges to Record Low Against US Dollar

NACM

The British pound dipped to a record low against the U.S. dollar on Monday, as uncertainty surrounding the U.K. economy grows. The pound dropped to roughly $1.03 Monday and recovered slightly on Tuesday, rising back to $1.07, according to CNN Business.

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Baker Tilly to acquire True Partners Consulting

Accounting Today

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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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Tax Fraud as a Service

Cloud Accounting Podcast

Sponsors LiveFlow: [link] uCollect: [link] Liscio: [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes 4:31 – Email from Stuart – Thank you! College Student Question - blake@earmarkcpe.com - Earmark Mail [link] 7:51 – Email from Britney – Thank you! 8:28 – The robots are here.

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Business apps: Everything you need to know

Xero

With the explosion of different business apps now available, more and more businesses are using apps to help run their daily operations and to grow – gaining access to smarter insights and banishing manual tasks to the past. But what exactly are business apps? And how are businesses that embrace app technology seeing the benefits? . First, what exactly do we mean by apps?

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Deloitte's China firm penalized $20M for letting clients audit themselves

Accounting Today

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Grant Thornton sees revenue grow 17% to $2.3B in FY 2022

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.