Friday, July 30, 2021

Accounting For The Future: Why CFOs Need Predictive Powers

Any of these issues could fundamentally disrupt a company's supply chain, workforce or consumer base within an extremely short period of time, rendering any projections based on current profits and consumer growth expectations utterly moot.

The unexpected as a category is rather broad, so rather than discuss all the possible singularities, I want to focus on three key areas where CFOs will have to concentrate their powers of prediction: technology, risk management and sustainability.

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Publisher: Forbes
Date: 2021-07-30
Author: Jeff Thomson
Twitter: @forbes
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Optimum Employer Solutions Eliminates Up to 50 Hours of Monthly Manual Accounting Work

SANTA ANA, Calif.

Optimum Employer Solutions was founded with the goal of helping small businesses survive, thrive, and compete for the best talent by giving them access to resources and benefits typically only found at very large companies.

Date: 9D28F7743C790DD88F2D9C7375EF7ED5
Author: Optimum Employer Solutions
Twitter: @PRNewswire
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Risk-taking is critical for women in accounting: Engage | Accounting Today

Drawn in by an ad for SAP consultants that read, "Astronauts wanted," Melanie Kanaka left her comfortable job in accounting at a major conglomerate in Sri Lanka — and almost immediately began questioning the decision.

SAP's ERP software was new to her and the training was grueling. "I was thinking, 'Did I make a mistake?'" she recalled during a panel called "Watch Women Leaders" at the American Institute of CPAs' Engage 2021 conference, happening this week in Las Vegas.

Publisher: Accounting Today
Date: 2021-07-29T16:42:43.453
Author: https www accountingtoday com author daniel hood
Twitter: @AccountingToday
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Maximize your marketing: 3 proven tools used by high-growth firms | Accounting Today

No doubt you know about ROI, return on investment. But have you heard about ROMI, return on marketing investment?

The common thread running through the approaches employed by high-growth practices focuses on knowledge and insight. Highly successful firms employed tools that helped them gain useful market knowledge to make more informed decisions that enable their marketing programs to be more effective.

Publisher: Accounting Today
Date: 2021-07-30T15:33:38.677
Author: https www accountingtoday com author lee frederiksen
Twitter: @AccountingToday
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Sage Launches 20 for 20 Program to Accelerate Accounting Partner Growth

Cloud business management solutions provider Sage is launching 20 for 20 , an accountant accelerator program designed to provide its partners with technology, business development services and education resources to grow and scale their business, according to a statement released by the

The program was created based on direct accounting partner feedback on what they most wanted from a partner program, according to the statement. Many accounting firms, especially SMBs, are ready to find new clients but don't yet have the right solutions to support them.

Publisher: ChannelE2E
Date: 2021-07-28T17:16:43 00:00
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Small firms need to be persistent to attract diverse talent: Engage | Accounting Today

While accounting firms have started to turn a corner on recruiting more diverse candidates, smaller firms are struggling to keep up, or not bothering at all. For small firms looking to make a difference, persistence is key.

"It's not a once-a-year plan," said Jessica Velazquez, managing partner and founder of Indiva Advisors, during a panel discussion on how small firms can improve diversity at the American Institute of CPAs' 2021 Engage conference in Las Vegas. "It's frequent, it's fluid, it's changing.

Publisher: Accounting Today
Date: 2021-07-30T13:36:16.555
Author: https www accountingtoday com author sean mccabe
Twitter: @AccountingToday
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Trades Want Treasury to Back Off 'Burdensome' New Accounting Proposal | Credit Union Times

House bill would require the NCUA and other regulators to find ways to clear unnecessary regulatory roadblocks.

Conveniences added over the years have disconnected beneficial personal relationships, credit unions need to have new tools to humanize the banking relationship on the member’s terms.

Publisher: Credit Union Times
Date: 2021-07-29
Author: Michael Ogden
Twitter: @CookeonCUs
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Versique Creates Finance and Accounting Division | Hunt Scanlon Media

July 30, 2021 – Minneapolis, MN-headquartered Versique Search and Consulting has added Paige Batcha as vice president of finance and accounting consulting to lead a newly created division within the firm. In her role, Ms.

“This is a very exciting day for our company,” said Tony Sorensen, CEO of Versique. “We’ve experienced rapid growth within our contract consulting HR division and are ready to expand our offering into finance and accounting consulting due to the high demand from our

Publisher: Hunt Scanlon Media
Date: 2021-07-30T09:01:39 00:00
Twitter: @huntscanlon
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Small firms are big targets for hackers: Engage | Accounting Today

While big cybersecurity events dominate the news — most recently the Colonial Pipeline and JBS breaches — cybercriminals are also targeting smaller businesses, and small to midsized accounting firms need to be aware of how to protect themselves.

Publisher: Accounting Today
Date: 2021-07-30T15:25:34.746
Author: https www accountingtoday com author ranica arrowsmith
Twitter: @AccountingToday
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