Accounting April 17, 2025
FASB Not-for-Profit Advisory Committee Meeting Recap
The FASB Not-for-Profit (NFP) Advisory Committee (the Committee) held its semiannual meeting on Thursday, March 20, 2025. The topics discussed included the following.
Technology April 17, 2025
Quadient Recognized in Analyst Report on Top AI Use Cases for Finance Automation
Manual AR, AP and invoice processes lead to inefficiencies, compliance risks, payment delays and increased vulnerability to fraud.
Accounting April 17, 2025
Financial Accounting Foundation Issues Annual Report
The report also includes perspectives from Financial Accounting Foundation leaders, who provide the oversight and accountability that are fundamental to the standard-setting process.
Accounting April 16, 2025
Sage and Wipfli Team Up for New Tech Innovations for Healthcare
Sage Intacct Clinical eProcurement and Sage Intacct EMRConnect were developed in partnership with Wipfli and are designed to address the unique needs of healthcare finance leaders.
Accounting April 15, 2025
AICPA Signals Strong Support for Legislation Recognizing Accounting as STEM
The American Institute of CPAs (AICPA) is signaling its strong support for bipartisan legislation to establish the accounting profession as a career pathway through Science, Technology, Engineering and Math.
Taxes April 15, 2025
79% of Tax and Accounting Firms Expect Significant GenAI Integration by 2027
The 2025 Generative AI in Professional Services Report found the percentage of tax firms already implementing GenAI technology has nearly tripled year-over-year.
Payroll April 15, 2025
Two-Thirds of Gen Z Feels Unprepared for Financial Future, Generational Wealth Transfer
As Baby Boomers are poised to pass down an estimated $84 trillion to younger generations by 2045, the data suggests younger generations aren’t equipped to handle it just yet.
Accounting April 11, 2025
AICPA Expresses Strong Support for Mobile Workforce State Income Tax Simplification Act of 2025
This bill provides uniformity for nonresident state and local income tax withholding and a reasonable de minimis exception from the assessment of state and local income tax in a jurisdiction in which an employee does not reside.
Accounting April 11, 2025
Acumatica Product Update Focused on Performance, Resiliency and Growth
This latest update furthers Acumatica’s commitment to drive ERP modernization beyond strictly back-office functions to become a comprehensive strategic business platform.
Small Business April 10, 2025
Automated Tax Systems Help Relieve Tariff Stress of Cross-Border Trade
With rising tariffs, fluctuating de minimis thresholds, and evolving trade restrictions, staying compliant while maintaining a seamless customer experience is more difficult than ever.
Financial Reporting April 9, 2025
Vertex Adds Integration with Coupa for Total Spend Management Platform for SMBs
Customers benefit by extending the capabilities of their spend management platform and solve unique business challenges, while reducing the cost of third-party software integrations.
Financial Planning April 9, 2025
AICPA Offers Suggestions on New Generation-Skipping Transfer Regs
These relief provisions are designed to provide a safety net for taxpayers, ensuring that their estate planning and tax strategies can be effectively implemented even if initial errors are made.
Contributors
Amy Vetter
CPA, CITP, CGMA
Becky Livingston
Accounting & AI Marketing Consultant
Brian Tankersley
CPA, CITP, CGMA
Garrett Wagner
CPA, CITP, CEO and Founder of C3 Evolution Group
Jim Boomer
CPA, CITP, CEO
Ken Berry, JD
CPA Practice Advisor Tax Correspondent
Kristy Short, Ed.D.
Accounting Content Specialist
Mary Girsch-Bock
Contributing Writer
Randy Johnston
MCS, MCP
Roman Kepczyk
CPA, CITP, CGMA
