Accounting Amid COVID: When Will CPAs Get Some Relief?

April 1, 2021 

Accounting Amid COVID: When Will CPAs Get Some Relief?

This year, while a marked improvement from its predecessor, has faced a few similar challenges – primarily, that tax practitioners have again been left scratching their heads. This time, the confusion is around why the IRS gave only one extra month for the tax season, compared to three last year. The injury has been worsened...…

 Is AP Paying Out More than It Should Be?

March 24, 2021 

Is AP Paying Out More than It Should Be?

Data entry errors, slow processing, lost invoices, and fraud are all factors that plague AP and, in fact, 56% of businesses experience cash flow forecasting problems due to these issues. Add in the myriad of issues of paper checks, legacy systems, and ...

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March 18, 2021 

Is it Time to Update College Accounting Programs?

In June 2021, AICPA and NASBA, with support of the American Accounting Association, will unveil a model curriculum to guide faculty in addressing the accounting coursework needed by those pursuing licensure under the new CPA Evolution model.

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March 16, 2021 

Safety First: How to Handle Supplier Banking Data

Knowing the increased risk with ACH payments is critical when you receive requests to change bank account information. According to our internal data, these requests are common, with suppliers changing bank accounts roughly every four years.

 Why Proactive Planning is More Important Than Ever

March 4, 2021 

Why Proactive Planning is More Important Than Ever

The COVID-19 pandemic is causing many finance and accounting executives, including your clients, to rethink their budgets, implement cost-saving measures, and reinforce their budgeting and forecasting, with a focus on proactive planning. Proactive planning is the process of budgeting and re-forecasting based on real-time operational data and market dynamics. It involves visualizing the path the...…