Top 10 Accounting Posts of the Week
Stay current on the latest accounting trends and best practices by checking out our top 10 picks of interesting content, blog entries, and podcasts from fellow Accounting Firms and CPAs on LinkedIn.
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?? / How back-office outsourcing helps tech companies scale faster by RSM US
Most tech startups prioritize research and sales, often undervaluing back-office functions. Outsourcing these can lead to best-in-class solutions and faster scaling. ? https://rsm.us/3GDb8xP
?? / Spring cleaning in QuickBooks by BeachFleischman
QuickBooks can become cluttered with duplicates and unused accounts, requiring a spring cleaning of lists. Learn how to delete, inactivate, and merge entries to keep things tidy. ?
?? / When Should I Outsource My Bookkeeping? by Patrick Accounting
Outsourcing bookkeeping can free up time for business owners in growth mode. By managing finances efficiently, accurate records are kept while the focus is on expansion. ? https://patrickaccounting.com/when-should-i-outsource-my-bookkeeping/?utm_campaign=meetedgar&utm_medium=social&utm_source=meetedgar.com
?? / News & Brews talk to ChatGPT by James Moore & Co.
In this edition of News & Brews Sports Biz, Katie, and Ken go unconventional with ChatGPT, to share some of its (technology-driven) insights into the world of college athletics! Listen here???https://bit.ly/3ZKvfAU
?? / Employee retention: What AI says about why people work by Herbein + Company, Inc.
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The shortage of talent has caused a challenge for organizations to retain great employees. Employers are focusing on employee retention by understanding the reasons people work and taking steps to increase their chances of retaining great people. ? https://hubs.ly/Q01LJcPx0
?? / Refund Opportunity: US Tax Court Rules Against IRS on International Tax Penalties by Marcum LLP
David Shuster provides insight on whether taxpayers who paid penalties in connection with IRS Forms 5471, 5472, 8938, or 926 have an opportunity for a refund. ? https://bit.ly/3MQB2Cn
?? / Manufacturers: Achieving and Maintaining a Strong Cash Flow Requires Diligence by Yeo & Yeo CPAs & Advisors
This blog entry provides tips for manufacturers to improve their cash flow, including cash flow projections, inventory management, and accounts receivable. ? https://hubs.li/Q01Jnr9J0
?? / California Privacy Rights Act (CPRA) | Changes Going into Effect in 2023 by Dean Dorton
As data privacy concerns continue to rise, states are updating their laws to address the issue. California is leading the way with new regulations set to be enforced from July 1, 2023, for violations occurring on or after that date. ? https://bit.ly/3WiaZG6
?? / How to Retain Employees Through Servant Leadership and Emotional Intelligence by Kreischer Miller
Employee engagement is driven by caring managers who are servant leaders and have emotional intelligence. Programs and initiatives related to DEI also aim to make employees feel valued and belong to a community.? https://bit.ly/3mDpV5b
?? / Would You Recognize an Indirect Cost if You Saw One? By Bowers & Company CPAs PLLC
This blog entry highlights the importance of identifying indirect costs in the construction industry, which can have a significant impact on a company's financials. .?https://bit.ly/43Hrwra