Sat.May 17, 2025 - Fri.May 23, 2025

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New report: Going digital in 2025 – The economic benefits of digital tools

Xero

If youre a small business owner, accountant or bookkeeper, you already know how crucial it is to stay ahead in a competitive and ever-changing digital environment. A new report from Xero, in partnership with the New Zealand Institute of Economic Research (NZIER), highlights the productivity gains Kiwi small- and medium-size enterprises (SMEs) stand to gain through accelerated digitalisation: According to the report, boosting digital adoption across New Zealands small businesses could contribute

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EY accused of negligence at £2B trial over NMC Health

Accounting Today

EY continued to audit NMC Health Plc despite suspicions that management withheld key documents that revealed its true debt position.

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Smarter Spending & Budget Control with Advanced AP Automation for Charities

Compleatable

Watch: Smarter Spending & Budget Control with Advanced AP Automation for Charities Fill in the form to access the on-demand recording of our webinar session looking specifically at how UK Charities are saving time and money with smarter AP automation. Name Work Email Address Job Title Watch the video Watch: Smarter Spending & Budget Control with Advanced AP Automation for Charities The post Smarter Spending & Budget Control with Advanced AP Automation for Charities first appeared on

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The Biggest 401(k) Mistakes Costing Americans Millions

Stephanie Peterson

By Stephanie Peterson, Advanced QuickBooks ProAdvisor | Superior Virtual Bookkeeping LLCWhen it comes to retirement planning, one of the most powerful tools Americans have is the 401(k). Yet, despite its potential, millions of dollars are lost each year due to common and avoidable mistakes.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But 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. 🗻 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. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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Financial Success and Reality: What Americans Think vs. What They Earn

Blake Oliver

51% of Americans say they need $100,000-$250,000 yearly to feel financially successful. Yet only 13.2% of US households actually earn that much. That's a massive disconnect. We break down the numbers in this clip from The Accounting Podcast: About half of Americans believe six figures is the threshold for financial success. 26% think $75,000-$100,000 is enoug Nearly 20% say you need $250,000-$500,000 6% believe you need over half a million annually!

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PwC AI agent acts proactively to preserve value

Accounting Today

The Big Four firm added new agentic AI capacities, including a model that proactively identifies areas of value leakage and acts inside the tools to fix them.

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Construction Bookkeeping That Builds Your Bottom Line — Serving Southern California & Las Vegas

Stephanie Peterson

Build Smarter: Virtual Bookkeeping for Contractors & Construction CompaniesFrom juggling job costing and vendor payments to staying on top of project budgets and union payrollconstruction bookkeeping is notyour average accounting. It requires precision, flexibility, and a deep understanding of the industry.

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Why Construction Payroll Services Are Essential for Your Business

Outsourced Bookeeping

Payroll management in the construction industry is not an ordinary task. Its the spine of employee satisfaction, compliance with the law, and smooth project implementation. Payroll is a maze for many construction companies, where they have different job codes, changing shifts, several job sites, and different pay structures. That is why construction payroll services have evolved from being nice-to-have to a must-have for businesses of today.

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Let a non-CPA do it!

Accounting Today

With accounting talent so hard to find, Wiss' Paul Peterson shares how his firm has cultivated non-accountants and non-CPAs to fill the gap.

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Managing a Multi-Generational Workforce in Singapore

Counto

Managing a Multi-Generational Workforce in Singapore Walk into any SME office or workshop in Singapore in 2025, and you’re likely to see something unique: team members from four or even five generations working side by side. From fresh grads in their 20s to experienced employees in their 60s and beyond, todays workforce spans a broader age range than ever before especially with Singapores retirement and re-employment ages rising.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

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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Build a LinkedIn Profile to Land Accounting Jobs on LinkedIn

accountingfly

If youre searching for accounting jobs on LinkedIn , a well-crafted LinkedIn profile is your most powerful tool. It acts as your online resume and marketing platform, helping recruiters and employers find and connect with you for the best accounting opportunities. At Accountingfly, we specialize in helping accounting professionals land jobs through LinkedIn, and we know what it takes to optimize your profile to attract the right roles. 1.

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[Expert Opinion] How Accounting Has Evolved in the Era of AI: Insights from Phil Hobden

Ace Cloud Hosting

Artificial intelligence redefines how firms operate and deliver value in today’s fast-paced accounting landscape. Tasks that once required hours of manual effort, like reconciliations, data entry, and reporting, are now.

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GAO scrutinizes IRA enforcement

Accounting Today

The U.S. Government Accountability Office created a list of questions for policymakers' oversight of the energy tax expenditures in the 2022 Inflation Reduction Act.

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Business Continuity Planning in Singapore 

Counto

Business Continuity Planning in Singapore If theres one lesson COVID-19 taught Singapores business community, its this: resilience is no longer optional. The pandemic disrupted supply chains, staffing, cash flow, and compliance obligations all at once. And while most SMEs adapted, many did so reactively, without a plan. Now, in 2025, the question isn’t whether another disruption will happen its when and what kind.

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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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Why More Murrieta and Temecula Businesses Are Choosing Virtual Over In-House Bookkeeping

Stephanie Peterson

As a business owner in Murrieta, Temecula, or anywhere in Southern California, your time is one of your most valuable assets. Whether you're a contractor juggling multiple job sites, a real estate professional managing listings, or a service-based entrepreneur wearing all the hats; keeping your books in order can quickly fall to the bottom of your to-do list.But heres the good news: you dont have to do it alone.

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Advising on Entity Structure: Expanding on Consulting Services

Insightful Accountant

Tax professionals are uniquely qualified to guide clients through the tax implications of different business structures. When discussing options with clients, highlight how LLCs offer flexibility and liability protection and more.

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Eide Bailly merges in Traner Smith

Accounting Today

The Top 25 Firm is growing its presence in the Pacific Northwest by adding a firm based in Edmonds, Washington, effective June 2, 2025.

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Freelancers vs Full-Time Staff in Singapore: What’s Right for Your SME in 2025?

Counto

Freelancers vs Full-Time Staff in Singapore: Whats Right for Your SME in 2025? For many small business owners in Singapore, growth doesnt always come with a clear hiring path. You need help but do you bring someone on full-time or tap a freelancer instead? The rise of remote work, project-based contracts, and the gig economy has made freelancers more accessible than ever.

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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.

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Reliable Virtual Bookkeeping Services for Businesses in San Marcos and Vista, CA

Stephanie Peterson

Are you a business owner in San Marcosor Vista, CAlooking for dependable, professional bookkeeping services? At Superior Virtual Bookkeeping, we specialize in helping service-based businesses and professionals across San Diego County streamline their finances, stay compliant, and make smarter decisions with accurate, up-to-date books.

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Does CSI Offer Payment Plans for Back Work?

CSI Accounting & Payroll

Youve discovered monthly accounting and are excited to unlock all of its benefits but theres a big problem. Your books are behind or incorrect, and months or years of accounting need to be addressed ASAP before moving forward.

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AICPA protests tax deduction changes for accounting firms

Accounting Today

The American Institute of CPAs is asking accountants to call on congressional representatives to stop "unfair targeting" of pass-throughs like CPA firms.

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Embracing Industry 4.0 in Singapore: Automation Opportunities for Small Manufacturers

Counto

Embracing Industry 4.0 in Singapore: Automation Opportunities for Small Manufacturers When people talk about Industry 4.0, they often picture large-scale factories with robotic arms and AI-driven analytics. But the reality is changing and fast. Today, small manufacturers in Singapore can tap into smart automation in practical, affordable ways that improve efficiency, reduce costs, and keep them competitive.

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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Bookkeeping for Attorneys in California: Expert Support from Murrieta to Las Vegas

Stephanie Peterson

Legal Bookkeeping Done Right From California Courtrooms to Nevada OfficesRunning a law firm comes with a unique set of financial complexities. From client trust accounting (IOLTA) to case cost tracking and strict compliance standards, attorneys cant afford bookkeeping errors. Thats where I come in.

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Xero Asia Awards 2025: Another year of celebrating our partners

Xero

Its that time of year again when we celebrate the excellence of our partners with the Xero Asia Awards 2025 edition! Were constantly in awe of the tireless hard work that our accounting and bookkeeping partners do. This past year has not been an easy one – but even in such an unpredictable and dynamic business environment, our partners continue to show up day in and day out, providing much needed support for small businesses across the region.

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Art of Accounting: Top 100 10-year comparison

Accounting Today

The growth from 2015 to 2025 in revenues at the Top 100 Firms was 125% and in total personnel 113%.

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Integrating Your Tech Stack in Singapore: How SMEs Can Connect Accounting, Payroll, and CRM for Efficiency

Counto

Integrating Your Tech Stack in Singapore: How SMEs Can Connect Accounting, Payroll, and CRM for Efficiency If you run a small business in Singapore, chances are youve already adopted some digital tools an accounting platform, a payroll system, maybe a CRM or e-commerce dashboard. But heres the problem: if these tools dont talk to each other, theyre creating more work than they solve.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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Today's Headline Stories Monday May 19, 2025

Insightful Accountant

Check out our headlines on our new platform from the links in this story.

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Firms Using AI Make More $, PCAOB Shutdown Fight, The Impossible Tariff Test

Blake Oliver

Firms actively using AI are generating $167,000 in average revenue per employee, compared to just $122,000 for non-adopters. That's a $45,000 difference per employee. In our latest episode of The Accounting Podcast, David and I look into how AI is reshaping the professional services landscape and what it means for your firm's future. We talk about: How AI firms could achieve 70-80% margins compared to traditional 30% margins Claude's new integrations that allow it to connect with Gmail, calendar

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BMSS announces investment, collaboration with engagement letter platform Knuula

Accounting Today

Top 100 firm BMSS announced an investment in Knuula, an engagement letter and client documents software provider. The investment came after implementing Knuula themselves over the past year.

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Rising Interest Rates and Inflation in Singapore

Counto

Rising Interest Rates and Inflation in Singapore As we step deeper into 2025, Singapores small business landscape is being shaped by two unavoidable forces: rising interest rates and persistent inflation. From supply chain costs to financing expenses, everything is getting more expensive and it’s putting real pressure on margins, cash flow, and long-term planning.

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Automation, Evolved: Your New Playbook for Smarter Knowledge Work

Speaker: Frank Taliano

Documents are the backbone of enterprise operations, but they are also a common source of inefficiency. From buried insights to manual handoffs, document-based workflows can quietly stall decision-making and drain resources. For large, complex organizations, legacy systems and siloed processes create friction that AI is uniquely positioned to resolve.