the big battles ahead for corporate finance

advisory board members say it’s happening “whether a cfo chooses to do it or not.”

by the center for accounting transformation
improvetheworld.net

according to a group of corporate finance professionals, one of the most significant issues facing corporate finance teams is refocusing team members toward higher-value work such as interpreting data and advising on issues and solutions rather than allowing them to continue performing rote, manual tasks.

related:  top issues for 2022: talent, time, and transformation

learn more about the center’s audit advisory board or view the center’s transformation courses.

“the biggest risk that is clear to me is to continue the antiquated and outdated people strategies, performance, process, understanding, lagging platform adoption, and not understanding the deep relationships that we need to build instead of keeping the status quo,” offered chris ortega, ceo of fresh fp&a. “to me, that is 100% the biggest risk that we now face in the accounting and finance  space.”

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must-knows about stock-based comp

portrait of kei morita
morita

new rules make it easier, but traps remain for awards that are not carefully structured.

by kei morita
holthouse carlin & van trigt llp

kei morita is a principal in the los angeles office of holthouse carlin & van trigt llp.

with the war for talent at a fever pitch these days, stock-based compensation (sbc) is one of the most effective ways for private companies to attract and retain valued workers. it’s also a very effective way for early-stage companies and other private entities to preserve cash flow while allowing key employees to share in the company’s growth. but the sbc accounting rules and calculations can be very complex.

more tax practice: new small firm cost seg opportunities  |  what gig workers want  |  avalara crush set for may 17-18  |  accountants agree: the top five ways to fix the irs  |  can the r&d tax credit be used to offset the amt?  |  how the r&d tax credit has expanded over the years

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

while fasb and the private company council (pcc) issued guidance late last year to make it somewhat easier for private companies to account for share-based awards, many challenges still remain. if you’re a cfo, controller, treasurer, hr director or another stakeholder in a privately held company – or have clients that are privately held companies – it’s critical to follow the sbc accounting rules correctly.
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tax pro e-filing gains vs diy

data chartrefund amounts are up by double digits.

by 卡塔尔世界杯常规比赛时间

fewer returns are coming in than in 2021 but they’re being processed faster, according to the latest data available.

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

individual income tax returns received totaled 91.3 million as of the week ending april 1, down 2.1 percent from the same week the previous year, when the tax season began 19 days later and ended 29 days later. processed returns were at 89.3 million, up 6.6 percent. that put the latest processing rate at 97.8 percent.
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what gig workers want

and what they need opens new opportunities for accountants and accounting tech.

by 卡塔尔世界杯常规比赛时间

one of the most radical and ramifying shifts in employment economics of the past several decades is the advent of gig workers—the millions of americans working out of their garages, attics, closets and breakfast nooks.

and all of them have unique accounting needs.

accounting firms need them. and venture-backed software startups are chasing them. read more →

avalara crush set for may 17-18

e-commerce changes everything.

avalara, the tax compliance automation software provider, has opened registration for crush, its sixth annual tax, and technology event. the virtual conference will take place may 17–18, 2022. registration is free at avalaracrush.com.

“e-commerce has erased borders and created new channels for businesses of all sizes. at the same time, our omnichannel economy has created new and expanded compliance challenges,” said scott mcfarlane, co-founder, and ceo of avalara. “during this year’s global virtual event, we aim to help businesses understand the global tax landscape and equip them with the tools they need to keep compliance from getting in the way of growth.”

headline sessions for crush include: read more →