expensify launches corporate spending card

with the expensify card, employees no longer need receipts for business purchases, admins save time processing expenses with continuous reconciliation and realtime compliance notifications.

via expensify

expensify is launching the expensify card, a free corporate card for companies of all sizes.

the company says the corporate card is a natural extension of the expensify platform, which it says is used by more companies than any other expense software in the world. read more →

cannabis cpa readies for when maine ‘goes recreational’

portrait of karla brannen
brannen

karla brannen spends a lot of time explaining §280e to cannabis clients.

by 卡塔尔世界杯常规比赛时间 research
cannabizcpa.pro

maine, a.k.a. vacationland, is gearing up to “go recreational,” and cpa karla j. brannen, senior tax manager at albin, randall & bennet cpas, is on the crest of the cannabis wave.

more at cannabizcpa.pro: new to cannabis? maybe a joint venture is the answer | zach gordon cpa: “the level of guidance out there is just nonexistent.” | why jax wheatley shifted from lbgtq to cannabis clients | ron seigneur blazes new trails in cannabis |  more
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nobody knows quite yet when the pine tree state will allow the sale of recreational marijuana. in 2016, the people of maine approved a referendum to legalize the sale of recreational marijuana. the governor signed the recreational marijuana rules on june 20, 2019. on september 19, 2019, ld719, an act to amend the adult use marijuana law, went into effect. final adoption of these rules will happen within the next 60 days.

cannabis products have been legal in maine for medicinal purposes for years. licensed medical cardholders are allowed to purchase cannabis through a registered dispensary or through certified caregivers. almost four years ago – even before the referendum – brannen predicted a need for better accountancy in an industry that comes with its own set of complications. read more →

cpa firm incomes gain 8% in new map survey

annual growth rates (via the rosenberg survey)

firms gear up for advisory, grapple with retirements, and take aim at bigger competitors.

by 卡塔尔世界杯常规比赛时间 research
the rosenberg map survey

in the new 2019-2020 edition of the annual rosenberg map survey, the leading national benchmarking study for firms of all sizes, the average firm is growing at 7.7 percent, up from 7 percent in last year’s study and reversing a two-year decline.

meanwhile, organic growth, excluding mergers and acquisitions advanced to 5.9 percent from 4.3 percent, “proving that the accounting profession is really cultivating a focus on business development efforts,” according to the authors, led by charles hylan of the growth partnership and marc rosenberg of rosenberg associates, who founded the study 21 years ago, making it the longest-running such benchmarking project in the profession. (and available from 卡塔尔世界杯常规比赛时间 here.)

additional highlights of the new report include: read more →

floqast releases bot-powered update

floqast ceo whitmire

connects to oracle, sap, workday and other on-premise erp systems to accelerate closings.

via floqast
floqast.com
floqast, a provider of close-management software, is rolling out floqast connect 2.0 to provide organizations with frictionless connectivity between on-premise erp systems and cloud-based close management software.

more in tech:  when a doorbell raises privacy concerns  |  farm-aid for accountants? |  why daily t/e entry should be required |  irs clamps down on unreported cryptocurrency profits |  a new tool for security management |  onenote: the hidden treasure in office 365more…

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“accounting teams that rely on floqast for their month-end close typically close three days faster than they did without us,” says mike whitmire, cpa, co-founder, and ceo of floqast.

“however, when general ledger data is locked away in on-premise erp systems, organizations are forced to find workarounds for getting to the data, that can erode the efficiencies gained using a solution like floqast. with connect 2.0, floqast is providing a secure, automated way to tap into on-premise data, ensuring accounting teams realize the full value of our close management platform.”

read more →

formulating new guidance for cannabis clients


zach gordon to speak at nysscpa’s november cannabis conference.

gordon

by liz gold
cannabizcpa.pro

a strong network in cannabis, staying up-to-date on all the moving parts of legislation and reading constantly keeps zach gordon, cpa well-informed as co-practice leader of janover llc’s cannabis industry practice group. he’s also the chair of the new york state society of cpas’ cannabis industry committee and planning the upcoming nysscpa’s 2019 cannabis conference. he’s taken on these leadership roles as a senior manager in a firm that he’s been at for less than a year.

more at cannabizcpa.pro: katye maxson-landis: integrity wins in cannabis accounting [bonus podcast]  |   cannabiz meets intellectual property protection  |  why jax wheatley shifted from lbgtq to cannabis clients  |  [podcast] the cannabis cpa: sean robinson  |  icomply helping cannabusinesses stay ahead of the curve  |  green bits: helping cannabis retailers stay compliant  |  ron seigneur blazes new trails in cannabis  |  [podcast] laura durham finds her niche | [podcast] matt karnes, greenwave consultants |  [podcast] cristina garza, cannacomply  |  [podcast] alex glueckler, silver leaf cbc  |  silver leaf cbc: an erp platform for cannabis companies  |  leveling the playing field for cannabis businesses  |  [podcast] sean robinson, tebaja consulting

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“i don’t sleep much,” he says with a laugh. “there’s a lot of reading going on. i subscribe to every resource you could possibly imagine. and honestly, it’s just on us as professionals to make sure that we’re as up-to-date as possible with all the legislation out there, the potential legislation. and it’s a matter of having a good network, as well.” read more →