ThomsonReuters

JANUARY 29, 2024

This shift allows firms to reallocate their talent to more engaging, high-value tasks, fostering a more stimulating and rewarding work environment. By automating mundane tasks, firms can offer employees a more balanced work/life dynamic—a key factor in job satisfaction and employee retention.

Technology 52

Technology Accounting Firms Marketability 52

ThomsonReuters

MARCH 21, 2023

Employee engagement is on the decline. A 2022 Gallup survey found that employee engagement in the U.S. experienced its first annual decline in a decade — dropping from 36 percent engaged employees in 2020 to 34 percent in 2021. In 2022, 18 percent of full- and part-time employees were actively disengaged.

Start-ups 52

Start-ups Finance 52

ThomsonReuters

JUNE 9, 2023

In this blog post, we’ll provide some tips on how to ensure your firm is audit compliant and up to date with the latest industry changes. We’ll discuss the importance of establishing an audit engagement process, leveraging cloud-based solutions, and identifying transformative technologies. compatible. compatible.

Compliance 98

Compliance Technology 98

ThomsonReuters

JUNE 16, 2023

The accounting profession is in the midst of a transformation, and firms must ensure they are upskilling their accountants to remain competitive and keep pace. However, in light of the strained bandwidth sweeping the profession, firms may be wondering how they can effectively meet the growing list of needs. What is upskilling?

Data Analysis 98

Data Analysis Technology Accounting Firms Firm Value 98

ThomsonReuters

FEBRUARY 5, 2024

An aging workforce, a dwindling number of new college graduates entering the profession, and a lack of desire to pursue the partner path among existing employees make it challenging to attract new talent and retain experienced professionals. The first step is understanding what people want , which varies from individual to individual.

Technology 40

Technology 40

ThomsonReuters

MARCH 5, 2024

Among these were several payroll-related provisions that are set to expire at the end of 2025, presenting challenges and opportunities for employers and employees alike. “It splinters out into so many different areas of business and life – employment, your hiring practices as an employer, [and] how you structure your business.”

Compliance 98

Compliance Start-ups 98

Rhythm Systems

JUNE 30, 2023

We wanted to know what was keeping you up at night, and we found the results fascinating. People Next, CEOs are concerned about hiring, employee engagement, accountability, leadership and performance management. How do you get the team to work cross-functionally? You need a system to keep the team aligned.

Marketability 52

Marketability 52

ThomsonReuters

JUNE 16, 2023

Do you know how to spot it? How widespread is corporate fraud? When a person engages in accounting fraud, they are intentionally manipulating accounting records to make the company’s financial picture seem better than it actually is. When we are in a downward economy there is always a heightened risk of fraud.

Banking 93

Banking Finance 93

Startup Valuation Blog

MARCH 18, 2023

To obtain a precise evaluation of your company's value, think about engaging a qualified business valuator. To obtain a precise evaluation of your company's value, think about engaging a qualified business valuator. Are you planning to exit your business? This is possible, for instance, with the AI business valuation software Equitest.

Business Valuation 100

Business Valuation Appraisal 100

Startup Valuation Blog

MARCH 18, 2023

Discover the full benefits of a non-compete agreement and how it can protect your business from potential threats by clicking the link to read more. Unfortunately, not everyone has good intentions, and some employees may try to take advantage of your ideas and strategies to compete against you. What is a Non-Compete Agreement?

Business Valuation 100

Business Valuation 100

ThomsonReuters

AUGUST 22, 2023

company expanding its footprint to a global scale should keep in mind the differences in the tax code when looking to hire employees abroad, as well as accommodate for the many cultural or labor norms in different countries. Unfortunately, there are downsides as well. Many considerations when going global. She explained that a U.S.

Compliance 98

Compliance Start-ups Marketability Technology 98

ThomsonReuters

SEPTEMBER 23, 2022

This is the concept where an employee merely meets the very basics of his or her job description at work. Gallup explains that the overall decline in work engagement has to do with the “clarity of expectations, opportunities to learn and grow, feeling cared about, and a connection to the organization’s mission or purpose.”

Start-ups 52

Start-ups Finance 52

Audit Board

OCTOBER 4, 2022

This article originally appeared on the ISACA blog. . With vulnerabilities at a record high, how can your organization keep pace with innovation while also improving its approach to vulnerability management? ” According to the National Vulnerability Database, software vulnerabilities continue to grow at an alarming rate.

Compliance 52

Compliance 52

ThomsonReuters

NOVEMBER 8, 2022

How has technology impacted accounting? For accounting firms in particular, the automation of day-to-day accounting activities can not only save time and increase revenue but can also boost staff engagement levels. So how does automation work at an accounting firm? How has accounting changed with technology? Automation.

Technology 98

Technology Compliance Accounting Firms Start-ups 98

ThomsonReuters

AUGUST 2, 2023

If you also want to ensure that your firm is staffed with the most capable and experienced professionals, here are some priorities to keep in mind. It takes a combination of insight and determination to recruit the right talent for your accounting firm.

Accounting Firms 98

Accounting Firms Marketability 98

ThomsonReuters

APRIL 19, 2022

No matter how large or small your firm may be, these simple gestures are excellent ways to reward your staff both during and after the seasonal tax rush. Providing your staff with lunch will go a long way towards improving employee morale. And consider keeping the recognition going throughout the year. Give the Gift of Time.

Start-ups 98

Start-ups Accounting Firms Technology 98

ThomsonReuters

AUGUST 1, 2023

The results show that tax and accounting professionals know exactly what they want in an employer—and here’s how firms can heed the call. So how much is today’s accounting talent looking for in terms of salary? But how do you offer work-life balance in a profession that demands doing more with less? hours per week.

Accounting Firms 98

Accounting Firms Technology Compliance Finance 98

Sun Acquisitions

DECEMBER 7, 2023

This blog post will explore the benefits of using a business broker to sell your company, including their extensive network, industry knowledge, and ability to maintain confidentiality throughout the sale process. Business brokers have access to a pool of pre-qualified and motivated buyers actively looking for businesses to purchase.

Business Valuation 59

Business Valuation Marketability 59

ThomsonReuters

JULY 30, 2021

Employees want to feel seen, heard, invested in, and to know the work they’re doing is having a positive impact. For tax and accounting firms, the struggles of burnout employees are all too familiar. Stressed, burnt out, and unengaged employees are not capable of producing the high level work your firm needs to set itself apart.

Accounting Firms 52

Accounting Firms Compliance Marketability 52

Internal Audit 360

APRIL 27, 2023

GUEST BLOG A s a consultant, I review internal audit departments at multiple financial services organizations each year while conducting Quality Assurance Reviews. Quality control can be performed by a designated department that reports to management or by the employees of a specific unit themselves.

Compliance 98

Compliance Technology 98

ThomsonReuters

MAY 6, 2022

Mr. Paillie says to keep the “many federal changes and credits” in mind if you are taking the CPP this year. He also says to “know how to calculate payroll manually from start to finish.” ” Statutory employees. . Tips for taking the exam. ” The CPP exam is 190 questions.

Start-ups 95

Start-ups Compliance 95

ThomsonReuters

FEBRUARY 8, 2022

With so many generations in need of tax and accounting services in the market today, it can be a challenge to discover what a client truly wants or needs, or how they want to connect with you. How do you begin to know the best way to win new tax clients and retain your existing client base? 2) Stand out from the competition.

Accounting Firms 105

Accounting Firms Technology Marketability Start-ups 105

ThomsonReuters

OCTOBER 21, 2022

” The Social Security Act of 1935 followed, where contributions to the Old-Age, Survivors, and Disability program were imposed through a payroll tax on both employers and employees. Technology has affected how many payroll professionals (either in-house or third parties) operate. Payroll strategies more prevalent in businesses.

Compliance 52

Compliance Technology Start-ups Equity 52

ThomsonReuters

DECEMBER 19, 2023

How are environmental taxes calculated? That’s why it’s important to understand the complexities of these initiatives and how making eco-friendly choices can maximize tax savings. How are environmental taxes calculated? Blog For more information on claiming green tax credits, see our guide to environmental IRS forms.

Compliance 52

Compliance Finance Accounting Firms Marketability 52

Audit Board

AUGUST 25, 2022

Internal audit is struggling to find and keep talent. These characteristics are also driving how we should reimagine recruiting and retention. . Welcome to the post-COVID workplace. Nearly 30% have been recruiting for more than six months. Also, the “Great Resignation” hasn’t spared internal audit. Reimagine Your Approach to Benefits

Technology 98

Technology 98

Audit Board

FEBRUARY 28, 2023

Ask Questions About Everything Inquisitiveness is a core quality of a good auditor, and professional curiosity is a skill you can practice by keeping up with industry and audit trends. Senior leaders in those companies are concerned with how these proposals will play out, so you should also be informed on these topics.

Start-ups 52

Start-ups Technology Compliance Marketability 52

Internal Audit 360

NOVEMBER 7, 2022

GUEST BLOG POST. I’ve been here ever since and learned how to provide value in different internal audit roles. One of the universal experiences of being an internal auditor is looking back on your early work and taking stock of just how far you’ve come. Keep reading! But all processionals have to start somewhere.

Start-ups 98

Start-ups Banking 98

ThomsonReuters

MAY 12, 2023

Let’s dive into some tips on how to make the best of this digital revolution by leveraging automation and artificial intelligence, embracing innovation, and nurturing a culture of creativity that can attract and retain top talent. Understanding these current challenges is key to positioning your firm for success in the digital economy.

Technology 52

Technology Data Analysis Compliance Marketability 52

ThomsonReuters

NOVEMBER 22, 2021

So, if burnout is all around us, how can we fight it? Sometimes it might even feel like no matter how hard you care or work, nothing will change. Is this a workplace that values the health and wellness of its employees? How can you take advantage of company programs that encourage taking care of yourself? Talk it out .

Compliance 52

Compliance 52

ThomsonReuters

JANUARY 12, 2023

How do you develop a remote audit policy? The policy must provide a clear roadmap of how the audit team will operate to achieve success. . The policy must provide a clear roadmap of how the audit team will operate to achieve success. . As it relates to document access , consider the following: How will documents be accessed?

Technology 52

Technology 52

ThomsonReuters

JANUARY 14, 2022

Employee retention credit. It’s no surprise that the Employee Retention Credit (ERC) was the most searched term of 2021. Payroll practitioners searched the topics of eligibility and how to claim the credit. Established under the CARES Act (P.L. 116-136, Sec. 116-136, Sec. Section 9651 of the American Rescue Plan Act (P.L.

Fair Market Value 94

Fair Market Value Comps Compliance Marketability 94

ThomsonReuters

OCTOBER 7, 2021

Recruit/Retain top employees . Recruit/Retain top employees. Top employees expect to use modern tools to perform their work duties, collaborate with others, conduct research, and complete administrative tasks, especially those new to the profession. Today’s employees want to be able to: . Why automation?

Start-ups 52

Start-ups Technology Accounting Firms Compliance 52

ThomsonReuters

OCTOBER 18, 2021

How do you attract top accounting talent? How do you find the candidates that will thrive in your firm and help your firm thrive? If you have already articulated your values to them, now it is time to show them how those values are applied to the work life. Articulate Values . Candidates want to know your firm.

52

52

ThomsonReuters

OCTOBER 21, 2022

” The Social Security Act of 1935 followed, where contributions to the Old-Age, Survivors, and Disability program were imposed through a payroll tax on both employers and employees. Technology has affected how many payroll professionals (either in-house or third parties) operate. Payroll strategies more prevalent in businesses.

Compliance 40

Compliance Technology Start-ups Equity 40

ThomsonReuters

JANUARY 26, 2023

Degree of permanence of the work relationship and weigh whether the work relationship is indefinite in duration or continuous (in favor of employee) or nonexclusive, project-based, or sporadic (in favor of independent contractor). 2020 final rule As the administration changed hands, the 2020 final rule was placed under scrutiny.

Start-ups 59

Start-ups 59

ThomsonReuters

APRIL 4, 2022

You understand the importance of providing clients more proactive, strategic advice, but you’ve been unsure how to make the pivot — until now. A good place to start is communicating with your boss how the service can help your firm overcome challenges facing the profession. Let’s take a closer look. This is not new.

Compliance 97

Compliance Finance Marketability Technology 97

ThomsonReuters

APRIL 25, 2024

Let’s take a look at some commonly asked questions on retirement income taxes and how your firm can best advise clients as they approach their retirement years. As an accountant, advising your clients on retirement income taxes and related strategies can help them to optimize their financial planning in their golden years.

Dividends 52

Dividends Start-ups Compliance 52