Sat.Jan 25, 2025 - Fri.Jan 31, 2025

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Utilizing FP&A for More Effective Financial Planning

Accounting Department

For any business owner, prioritizing the companys future is essential. Financial planning plays a crucial role in this, enabling business owners to drive growth and broaden their operations. If a business owner hasnt focused on this aspect, they need to understand what it is, what it does, and how it differs from regular accounting. What Is FP&A?

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How Intuit is powering small business success with AI

Intuit

Created by CNBC Brand Studio Embracing technology can have a meaningful impact on small businesses and help them stay competitive in a challenging economic environment. A recent study found that U.S. small businesses using eight or more digital tools to manage different departments are almost twice as likely to report revenue growth and almost three times more likely to have expanded their workforce compared to small businesses using up to two digital tools.

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EDR, MDR, or XDR: Which Endpoint Security Solution is Right for You?

Ace Cloud Hosting

Cyber threats are on the rise. According to the University of Maryland, theres a cyberattack every 39 seconds. Naturally, businesses worldwide seek to strengthen their security systems through new-age solutions.

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Rupert Murdoch tests how irrevocable a trust can be

Accounting Today

The media mogul is in court to allow him to change the terms of a trust but it's not that easy.

Tax 309
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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

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Best Practices in Accounting Data Management for Entrepreneurs

Accounting Department

Effective accounting data management isn't just about tidy spreadsheets and balancing your books. It's about safeguarding your business's financial health while ensuring seamless operations.

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Big bath definition

Accounting Tools

What is a Big Bath? A big bath is a very large one-time write-off taken by a company. This write-off is structured as a reserve , so that charges taken in the future can be offset against the reserve. The intent behind the use of a big bath is to take a large hit to earnings in the current period, so that future periods will look more profitable. This approach can be valid, but has a reputation for being used too much to manipulate the amount of reported earnings.

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DeepSeek on par with GPT, Claude, Llama for accounting questions

Accounting Today

Since its worldwide release last week, accounting AI experts have been testing Chinese LLM DeepSeek on accounting questions and found it's about or almost on par with other public models.

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How Long Does it Take for a Bank Wire Transfer? Top 10 Causes of Delay

Fidesic blog

How long does it take for a wire transfer? A wire transfer is immediate in most circumstances, but several factors can delay a wire transfer, even though they are typically processed quickly. Here are the top 10 reasons for a delay. Related: Which is Better ACH vs Wire Transfer?

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Management by exception definition

Accounting Tools

What is Management by Exception? Management by exception is the practice of examining the financial and operational results of a business, and only bringing issues to the attention of management if results represent substantial differences from the budgeted or expected amount. For example, the company controller may be required to notify management of those expenses that are the greater of $10,000 or 20% higher than expected.

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Efficient Collections Management Strategies

oAppsNet

Collections management is more than just chasing unpaid invoices. It is a set of methods to maintain healthy cash flow, build customer trust, and protect your business from financial strain. Strong collection strategies can help you avoid awkward conversations about money. They also make it easier to scale your business when the time is right. When you have a plan for each stage of the collections process, you can serve your customers while ensuring you get paid.

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Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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Archeologists uncover tax fraud in ancient Rome

Accounting Today

Court documents from an ancient tax fraud and forgery case show that tax evasion was an issue even 2,000 years ago.

Tax 305
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Counto - Untitled Article

Counto

How to Offer Free Shipping Profitably for Online Sellers in Singapore For online sellers in Singapore, offering free shipping is one of the most effective strategies to attract customers, increase conversion rates, and stay competitive in the crowded e-commerce market. However, many small business owners hesitate to offer free shipping due to concerns over the potential impact on their profit margins.

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How to calculate outstanding shares

Accounting Tools

What are Outstanding Shares? Outstanding shares are the aggregate number of shares that a corporation has issued to investors. This is an important number, since it is used to calculate the earnings per share of a publicly-held business. It is a less-commonly used number in the financial reporting of privately-held businesses. How to Derive Outstanding Shares To find the total number of outstanding shares, follow these steps: Go to the balance sheet of the company in question and look in the sha

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What Are Supplier Portals?

oAppsNet

Managing supplier relationships can often be complex and resource-intensive. Enter the supplier portal: a solution that simplifies processes saves time and fosters smoother, more productive vendor interactions while supporting your organization’s digitization goals. Acting as a centralized workspace, a supplier portal enables efficient collaboration , streamlined information exchange, and optimized steps from onboarding and document submission to order tracking and communication.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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Gig workers unaware of lower 1099-K threshold

Accounting Today

Millions more taxpayers will be receiving the Form 1099-K in the mail this year for the first time if they were paid $5,000 or more last year.

Tax 296
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2025 E-commerce Sales Dates to Know in Singapore

Counto

2025 E-commerce Sales Dates to Know in Singapore As an e-commerce business owner in Singapore, understanding key e-commerce sales dates in 2025 is crucial for planning your sales strategy. You can fully leverage peak consumer spending times in 2025 by aligning your promotions with these important periods. Heres a guide to help you plan your 2025 sales calendar and boost your e-commerce revenue. 1.

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5 Wave Accounting Alternatives for Small Businesses in 2025

Fit Small Business

Wave is my top pick when it comes to free accounting software. However, some may find that Wave falls short in certain areas. For example, both its free and paid tiers lack time tracking, inventory features, a wide bookkeeping network, and a strong mobile app. If these features are essential to your business, here are. The post 5 Wave Accounting Alternatives for Small Businesses in 2025 appeared first on Fit Small Business.

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The 5 Best B2B Customer Payment Portals of 2025

Gaviti

Payment portals are not just for large B2C businesses any longer, B2B businesses of any size can benefit. In the evolving world of B2B transactions, the importance of payment portals has become undeniable. These platforms are no longer a luxury but a necessity, providing businesses with an efficient way to handle their accounts receivable processes.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

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Senators propose fixes to IRS administration

Accounting Today

Senate Finance Committee chairman Mike Crapo. R-Idaho, and ranking member Ron Wyden, D-Oregon, issued a discussion draft of bipartisan legislation.

Tax 288
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Cost of Living for Foreign Entrepreneurs in Singapore in 2025

Counto

Cost of Living for Foreign Entrepreneurs in Singapore in 2025 Starting a business as a foreign entrepreneur in Singapore comes with its challenges, and understanding the cost of living is one of the key factors in managing your finances effectively. With Singapore being a prime business hub in Asia, it is crucial to be well-prepared. This guide provides a detailed overview of the costs you will likely encounter as a foreign entrepreneur in Singapore in 2025. 1.

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How to Form an Employee Engagement Committee

Fit Small Business

Forming an employee engagement committee is not just about gathering a group of enthusiastic employees; its about creating a diverse think tank that reflects the multifaceted nature of your business. Start by selecting your committee members and defining and implementing the goals of your program. Follow the steps below to learn more about how to. The post How to Form an Employee Engagement Committee appeared first on Fit Small Business.

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Embracing Transformation: How Bookkeepers Can Thrive in a Changing Industry

The Successful Bookkeeper

The bookkeeping industry is undergoing a seismic shift. With advances in technology, automation, and the rise of cloud-based platforms, bookkeepers worldwide are reimagining how they deliver value to clients. This transformation is not only an opportunity for innovation but also a chance to redefine the role of bookkeepers as strategic partners to small businesses.

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How To Overcome Change Fatigue In Finance With Neuroscience-Backed Strategies

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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Tax season kicks off with non-tax issues center stage

Accounting Today

With relatively fewer tax changes to worry about, BOI and tariffs are top of mind for some experts.

Tax 287
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Amazon QuickBooks Online Integration: A Step-by-Step Guide to Set It Up

Counto

Amazon QuickBooks Online Integration: A Step-by-Step Guide to Set It Up Managing your Amazon stores finances can be challenging, especially if you manually track sales, fees, and refunds. For small business owners in Singapore, Amazon QuickBooks Online integration offers a streamlined solution to automate your accounting , save time, and ensure tax compliance.

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Top Remote Accounting Candidates for Hire | January 30, 2025

accountingfly

Top Remote Candidates This Week Are you in need of remote accountants? Accountingfly can assist you! Our ‘ Always-On Recruiting ‘ program allows you to connect with highly skilled and experienced remote accounting candidates without any upfront costs. Here are some of this week’s top remote tax and accounting candidates. Sign up now to receive the full list of available top accounting candidates on a weekly basis!

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Gen Alpha Consumers: Who They Are, Key Behaviors & How to Market

Fit Small Business

Keep reading to learn more about who the Gen Alpha are, what their consumer behaviors and preferences are, and how your business can appeal to their needs and convert them into customers. Get to Know the Alpha Generation of Consumers The alpha generation of consumers, or Gen Alpha, are people born between the years of. The post Gen Alpha Consumers: Who They Are, Key Behaviors & How to Market appeared first on Fit Small Business.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

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Ethical wills can be a crucial tool for estate planning

Accounting Today

They give advisors an opening into deeper conversations with clients, while their clients can express the larger vision behind their hopes for the future.

Tax 269
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10 Low-Investment Business Ideas with a Physical Store in Singapore

Counto

10 Low-Investment Business Ideas with a Physical Store in Singapore Starting a business in Singapore doesnt have to involve hefty investment. With the right strategy, you can launch your venture on a budget while ensuring a strong foundation for growth. If you’re considering opening a physical store but want to keep your expenses minimal, here are 10 low-investment business ideas that can help you get started, manage your finances effectively, and position yourself for success in a competi

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Hiring Update: January 2025 | 2024 Recap + 2025 Outlook

accountingfly

Sharing our perspective on the latest hiring trends in accounting that impact talent acquisition – Tax Season; Hiring Hybrid and Remote; Salary Updates. All content is 100% written by the real humans working here at Accountingfly. Looking Back at 2024 Accountingfly By the Numbers: Candidates 30,000+ applications received/reviewed 1,000+ candidates selected for interviews 400+ top candidates featured in weekly emails to Accountingflys Always-On Recruiting clients, plus many more delivered d

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10 Best Multi-Currency Accounting Software

Invoicera

Managing multiple currencies is one of the biggest challenges for businesses expanding globally. Fluctuating exchange rates, varying tax structures, and complex regulations make financial operations difficult to streamline. As the global e-invoicing market is expected to grow from USD 4.79 billion in 2023 to USD 29.29 billion in 2031 at a CAGR of 25.40% , the demand for multi-currency accounting software is rising.

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8 Pillars of Leadership Development

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.