DAILY BRIEFING

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October 7, 2021

Prepared for Voornaam

CLA partners with NABA to increase diversity in accounting

By Michael Cohn       7 min read

CliftonLarsonAllen is teaming up with the National Association of Black Accountants to encourage more diversity, equity and inclusion in the accounting profession. View story →

QuickBooks Online Advanced adds Excel integration

By Ranica Arrowsmith       1 min read

 View story →

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Dynamics GP end date extended past 2028 →

No longer will the ERP software completely sunset within the decade.

Portuguese regulator to lead ethics standard-setter

By Michael Cohn       2 min read

Gabriela Figueiredo Dias will become the first chairwoman of the International Ethics Standards Board for Accountants on Jan. 1, 2022. View story →

Ledgible releases full Dogecoin support for tax and accounting

By Ranica Arrowsmith       2 min read

Investments from Elon Musk, Mark Cuban, Snoop Dogg and Gene Simmons catapulted Dogecoin to one of the most popular cryptocurrencies on the market. View story →

Benefits of a highly niched virtual CPA firm

By Randy Crabtree       6 min read

Growth and retention have no limits when employees love their work-life balance and find their clients’ businesses fascinating. View story →

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The two evergreen rules of social media

By Lee Frederiksen       4 min read

Social media can be exceedingly frustrating for an accounting firm that’s trying to stay current and utilize a digital marketing strategy to build its brand, develop new business, and fuel growth. View story →

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Private sector added 568K jobs in September

By Michael Cohn       2 min read

The private sector gained 568,000 jobs in September, payroll giant ADP reported Wednesday, in the latest sign of a slowing, but steady economic recovery from the pandemic. View story →

Mazars probed over its audit of French Connection Group

By Karin Matussek       1 min read

The struggling U.K. fashion retailer has failed to keep pace on price with its high-street rivals and has been closing stores.  View story →

Biden team seeks to pare back economic agenda in strategy shift

By Nancy Cook and Billy House       4 min read

The president has warned progressives that they will have to temper expectations for the final legislation. View story →

GRI revises universal sustainability standards, with focus on human rights

By Michael Cohn       2 min read

The Global Reporting Initiative unveiled its revised Universal Standards on Tuesday to reflect due diligence expectations for organizations to manage their sustainability impacts, including on human rights. View story →

KPMG invests $1.5B in multiyear ESG program

By Sean McCabe       3 min read

The Big Four firm outlined a three-year agenda focused on improving environmental, social and governance issues, training and resources for staff and clients alike. Read story →

Chargebee acquires RevLock

By Michael Cohn       2 min read

Chargebee, a subscription billing and revenue management software company, has bought RevLock, a revenue recognition software developer. Read story →

In the blogs: The ‘fun’ in ‘funding’

By Jeff Stimpson       3 min read

What pros are making; getting clients to pay; keeping the SALT cap; and other highlights from our favorite tax bloggers. Read story →

Private companies continue to delay lease accounting implementation

By Michael Cohn       5 min read

Privately held companies are putting off implementation of the new lease accounting standard, even as the effective date approaches. Read story →

Small biz hiring slowed in September

By Michael Cohn       3 min read

While small businesses continued to add jobs in September, the pace of hiring slowed, according to a new report from payroll giant Paychex. Read story →

RESOURCES

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Thursday, October 14, 2021 2:00 PM EDT

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Post extension season process improvements to enrich client relationships and maximize billable hours

Thursday, October 21, 2021 2:00 PM EDT

Many professionals would agree that the last two tax seasons have been challenging, with both federal and state government entities implementing new pandemic-related legislation and extending filing deadlines. Learn More →

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ASC 842 - The clock is ticking for Non-Public entities

Tuesday, November 9, 2021 2:00 PM EST

In this webinar, finance, and technology experts from IRIS Software Group explore the practical considerations and best practices for implementing the new standard - based on the lessons learned from public market adopters. Learn More →

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