PYMNTS

DECEMBER 16, 2019

Courtneidge discussed those challenges in a recent interview with PYMNTS, noting that as FinTech innovation continues to solve the biggest B2B payments friction points, service providers are tasked with simultaneously prioritizing compliance — two goals that don’t always go hand in hand. Mixing Innovation With Compliance.

Compliance 81

Compliance B2B B2C Prioritization 81

The Charity CFO

AUGUST 15, 2023

Myths of Nonprofit Accounting and Why They Matter to Job Seekers Unfortunately, many job seekers fall victim to the stereotypes and believe the myths surrounding nonprofit accounting. In this section, we will debunk the three most common nonprofit accounting myths. Ready to dive deep into this exciting realm?

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

PYMNTS

DECEMBER 10, 2019

-based FinTech specializing in facilitating payments for small business accountancy firms, is partnering with BIN (bank account identification number) sponsor Moorwand to further streamline the payments experience for accountants and bookkeepers. In a press release issued Tuesday (Dec.

Accounting 52

Accounting B2B Accounts Payable Accounting Firms 52

The Charity CFO

APRIL 18, 2024

These challenges include financial issues, data security compliance, and talent retention problems. Compliance with Evolving Regulations Nonprofits are no strangers to regulatory and compliance issues. Need Help Facing Nonprofit Accounting Challenges? 2024 will be no different.

Nonprofit 52

Nonprofit Compliance CFO Leverage 52

PYMNTS

MAY 4, 2020

Accounting firms have become an important collaborator in aiding cloud migrations by small to medium-sized businesses (SMBs), according to Alan Chang, managing director of Singapore Corporate Services (SCS). A New Model For Accounting. But overcoming these challenges is essential.

eCommerce 67

eCommerce Accounting Accounting Firms B2B 67

PYMNTS

JUNE 9, 2020

To connect modern accounting firms with small businesses, FreshBooks rolled out its FreshBooks Accounting Professionals Program. FreshBooks Accounting Professionals Program members will get access to a community, customized training and education, innovative technology and tools, and dedicated support.

Accounting 52

Accounting Education Compliance Accounting Firms 52

PYMNTS

MARCH 15, 2019

Anxieties that automation will replace humans have waned in the accounting sector, as industry players begin to realize that technology can actually help accountants play a more important role for their small business (SMB) customers as advisors and guides, rather than replacing their roles outright. Tax reform in the U.S.

Accounting 77

Accounting Accounting Firms Auditing Budgeting 77

CFO News Room

DECEMBER 16, 2022

They may work in various industries, such as investment firms, accounting firms, banks, or the government. Chief Compliance Officer. A chief compliance officer ensures financial institutions adhere to all applicable laws and regulations. Senior Accountants. Average salary: $114,832 per year.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

PYMNTS

APRIL 9, 2018

Small business accountant” was not among the top 10 phrases searched for by those hirers, Indeed.com found. But that doesn’t mean accountants are no longer in-demand among small business owners. What it means to be an accountant today is a far cry from what it was before online accounting,” he added.

Accounting 49

Accounting Accounting Firms B2B Technology 49

Bramasol

OCTOBER 31, 2023

Augmented in recent years by our additional specialization in SAP Quote-to-Cash solutions, Bramasol now offers a unique approach for integrating both frontend customer-facing processes and backend compliance processes within a unified approach that can adapt and scale to virtually any requirements.

SAP 66

SAP IFRS Compliance Construction 66

CFO Simplified

MARCH 7, 2024

accounting firms, SEC registered businesses, insurance companies, and publicly traded corporations). The CTA seeks to pull smaller shell companies and holding companies into the regulatory framework, which means the brunt of CTA compliance falls on smaller businesses.

Tax Planning 59

Tax Planning Compliance Restructuring Treasury 59

PYMNTS

JANUARY 9, 2019

In a 2017 report from job hunting site Indeed , researchers found that “small business accountant” was nowhere to be found in the top-10 job positions sought after by most small business employers. “Bookkeeping is the low-value work performed by accounting firms,” he said.

Accounting 71

Accounting Corporate Finance Accounting Firms Auditing 71

PYMNTS

FEBRUARY 6, 2019

This shift has been so acute that small business cloud accounting firm Xero is even petitioning the Oxford English Dictionary to change the definition of “accountant” to one that includes the word “advise.” Changing Demand. That demand for human talent, by the way, hasn’t decreased.

Corporate Finance 74

Corporate Finance Accounting Finance Accounts Payable 74

CFO Simplified

MARCH 7, 2024

accounting firms, SEC registered businesses, insurance companies, and publicly traded corporations). The CTA seeks to pull smaller shell companies and holding companies into the regulatory framework, which means the brunt of CTA compliance falls on smaller businesses.

Tax Planning 52

Tax Planning Compliance Restructuring Treasury 52

Bramasol

OCTOBER 31, 2023

Augmented in recent years by our additional specialization in SAP Quote-to-Cash solutions, Bramasol now offers a unique approach for integrating both frontend customer-facing processes and backend compliance processes within a unified approach that can adapt and scale to virtually any requirements.

SAP 52

SAP IFRS Compliance Construction 52

PYMNTS

JANUARY 13, 2021

Medius has long provided companies with technologies related to the accounts payable (AP) workflow. Companies that harness Medius AP can begin taking digital invoices with support for compliance with local rules, according to the announcement. The news comes as Medius was bringing its MediusGo invoice automation technology to the U.S.

Invoicing 67

Invoicing Accounts Payable Compliance Accounting Firms 67

The Charity CFO

APRIL 19, 2022

In our experience, nonprofits with little in reserve and/or low cash balances tend to have financial management challenges, often including: Poor collection of accounts or pledges receivable. Red Flag #2: Hidden Compliance Issues. But they often overlook compliance or regulatory issues that could be much bigger problems.

Nonprofit 98

Nonprofit Auditing Compliance Accounting 98

PYMNTS

DECEMBER 18, 2018

Technology may be enabling automation in small business (SMB) accounting and financial management, but rather than cutting out the need for human accountants in the field, this tech disruption is supporting a change in the profession. Recently, several technology firms have done just that.

Accounting 53

Accounting Technology Finance Invoicing 53

The Charity CFO

MAY 19, 2023

In a previous article, we discussed the benefits, risks, and compliance requirements of outsourcing bookkeeping for nonprofit organizations. Not only does it fulfill compliance requirements, but it also plays a crucial role in achieving the organization’s mission.

Cash Management 52

Cash Management Nonprofit Compliance Budgeting 52

The Charity CFO

MARCH 29, 2024

First, reviewing your nonprofit budget compared to actual performance helps you maintain financial transparency and accountability. Accurate data also helps you stay in compliance with legal regulations and tax laws, such as annual IRS filings. This helps improve donor confidence in your organization.

Nonprofit 52

Nonprofit Budgeting CFO Prioritization 52

The Charity CFO

APRIL 22, 2024

High levels of burnout could pose legal, compliance, and financial risks as employees lose focus or drive in their jobs. You might rely on your administrative team to handle all of your accounting and bookkeeping work as well. We’re happy to provide nonprofit accounting services to help take some of that stress off of your team.

Nonprofit 52

Nonprofit Budgeting Concentration CFO 52

PYMNTS

JULY 9, 2020

RecVue, which works in order-to-cash automation, has entered into a partnership with Effectus Group, a consulting firm working with technical accounting practices, to help companies access the best order-for-cash services and get money from B2B payments flowing more smoothly.

IFRS 65

IFRS Compliance B2B Accounting Firms 65

Boston Startup CFO

MAY 9, 2016

Among the top 10% of jobs most likely to be automated: insurance underwriters, tax preparers, loan officers, credit analysts, and accounting professionals. Now, they need to contend with a tangled web of international trade and tax laws, government regulations, and compliance needs. In some ways, it’s already happening.

Accounting 52

Accounting Prioritization Advertising Compliance 52

The Charity CFO

OCTOBER 4, 2022

The operations manager will be responsible for spearheading the budgeting process for the organization and ensuring that the accounting department delivers timely and accurate financial statements for the board of directors or other stakeholders. That doesn’t mean that the operations manager needs to be an accountant.

Nonprofit 98

Nonprofit Budgeting Compliance CFO 98

PYMNTS

AUGUST 27, 2019

The Certified Personal Accountant (CPA) today now has a plethora of FinTech solutions they can use to manage their clients’ money, with the number of digital tools — including cloud accounting portals, cash flow forecasting solutions and intelligent technologies like artificial intelligence (AI) — continuing to rise.

Cash Flow Forecasting 60

Cash Flow Forecasting Accounting Standards Accounting Firms Reconciliations 60

CFO News Room

NOVEMBER 30, 2022

And yet, despite the prominent role of taxes in financial planning, advisors are often prohibited by their compliance departments from making recommendations for a specific course of action on a certain tax strategy. Affects how much can be saved to pre- and after-tax accounts ! Property and casualty insurance? Credit card rewards ?

Tax Planning 130

Tax Planning Compliance Planning Communication 130

PYMNTS

OCTOBER 25, 2019

Top accountancy firms are asking the Financial Accounting Standards Board (FASB) to clarify how corporates should report on supplier finance programs that are in place, according to Compliance Week reports on Friday (Oct. “Trade payables classification tends to be treated more favorably than borrowings (i.e.,

Finance 40

Finance GAAP Compliance Accounting Standards 40

Regent Assay

OCTOBER 27, 2022

BTCSoftware is a multi-award-winning tax software solution which helps accountants to streamline and simplify tax and compliance work. They developed feature-rich and cost-effective software products that make life easier and more rewarding for accounting professionals. BTCSoftware was founded in 1999 by Rob Ellis and Ian Katté.

Practice Management 52

Practice Management Compliance Accounting Accounting Firms 52

Future CFO

DECEMBER 26, 2019

The accounting profession is going through some major changes. Small businesses now have so much choice when it comes to selecting an accounting practice, that ordinary services like compliance, tax preparation and basic bookkeeping have become commoditised. The rise of the virtual CFO The virtual CFO is a fairly new concept.

CFO 40

CFO Compliance Cash Flow Forecasting Benchmarking 40

PYMNTS

NOVEMBER 15, 2018

The legal marijuana industry in North America includes a complex ecosystem of cultivators, logistics providers, lawyers, accountants, contractors and more — meaning an entire supply chain of B2B service providers is impacted when a legal marijuana company is unable to get banked.

Compliance 83

Compliance B2B Accounting Firms Banking 83

Future CFO

SEPTEMBER 7, 2022

The finance profession will see new roles created out of sustainability needs, said the Institute of Singapore Chartered Accountants (ISCA) recently. The findings show that executives in the accountancy and finance profession play a critical role in integrating sustainability into businesses, said ISCA President Teo Ser Luck.

Finance 52

Finance Auditing Corporate Finance Accounting 52

PYMNTS

MAY 5, 2020

The company’s filing with the Securities and Exchange Commission (SEC) on Tuesday (May 5) indicated that its accounting firm had “substantial doubt” about NCL’s ability to stay in business. The company said in the filing that although it was in compliance with all debt agreements as of March 31, it might need waivers.

Investments 65

Investments Compliance Accounting Firms Accounting 65

PYMNTS

APRIL 4, 2019

Australian small business cloud accounting firm MYOB is moving closer to an acquisition by private equity firm KKR, but in the meantime, the company is keeping up with market shifts. Amid the new requirements, Australia’s small business accounting technology market continues its own market shifts.

Compliance 51

Compliance Accounting Accounting Firms Planning 51

Future CFO

NOVEMBER 27, 2022

Three of the four largest accounting firms have pledged to invest more in AI and data analytics products and training over the next few years so we can expect widespread adoption of modern technologies for day-to-day business activities. You get this whole new level of streamlined accounting and compliance processes.

Finance 52

Finance CFO Compliance Auditing 52

PYMNTS

DECEMBER 7, 2020

Plus, Pioneer Bank sues over MyPayrollHR scandal, Procurement Partners secures new funding, and ImagineTime partners on FinTech for accountants. Through 100 percent invoice integration, the service boasts improvements to savings, and offers a compliance audit feature that can help vendors cut spending.

B2B 63

B2B Finance Practice Management Invoicing 63

PYMNTS

JUNE 1, 2020

The teams of EY will tap into the software technology of GTKonnect, which covers a number of areas with the inclusion of free trade agreements, import/export compliance, country of origin, master data management, foreign trade zones and tariff classification as well as reconciliation.

Reconciliations 52

Reconciliations Data Analysis Compliance Accounting Firms 52

The Charity CFO

APRIL 28, 2023

Is there an advantage to working with accounting firms specializing in nonprofits? However, running a nonprofit comes with unique challenges that require specialized expertise, particularly in financial management and accounting. Grant Accounting Many nonprofit organizations rely on grants to fund their programs and services.

Nonprofit 52

Nonprofit Accounting Firms Accounting Auditing 52