Tax season brings about a convergence of challenges for CPAs and accountants. The 2021 filing season for the 2020 tax year now involves a brand-new stimulus package, the American Rescue Plan, and potential for the April 15 deadline to shift to July 15 again this year. Managing client expectations has never been an...
Most finance and accounting teams perform a monthly variance analysis on the income statement. Fewer teams take the time to perform a balance sheet flux analysis. While the benefits of both exercises are ample, a few misconceptions can cause them to be overlooked and performed after month-end close, rather than as part...
How are you doing as we approach the one-year anniversary of the quick transition to remote work as a result of the Covid-19 pandemic? At the outset, I certainly did not expect the remote work environment to remain the norm for this long. Many firms have adapted and found their stride while others are experiencing the...
We prepare for it. We brace for it. Or maybe, this year, we can embrace it. Ready or not, busy season is here.  Divvy recently sponsored a one-hour webinar with Jon Lokhorst discussing how to “Thrive, Don’t Just Survive, This Busy Season.” We want to share the highlights with you, because we believe they can...
Many companies often commence their search for a new software solution at the beginning of the year. Budgets are full and optimism is high. Yet for many finance and accounting leaders, the process to identify the RIGHT solution can appear daunting. Nancy Wu, Head of Sales and Customer Success with SkyStem, recentl...
Forensic accounting is in high demand in both the U.S. and international markets. Forensic accountants possess a unique combination of accounting and investigative skills to discover, quantify, and prevent fraud. They are also called upon as expert witnesses in litigation to quantify damages sustained by a party in a l...
CPAs everywhere share in common the personal and professional difficulties brought about by the 2020 pandemic. In our better days, we can see the light at the end of the tunnel. In the bleak days, we wonder when the fog will lift.Thankfully, QX Accounting Services recognizes the challenges faced by CPA firms, particula...
At Encoursa, we always get excited to welcome a new event sponsor to our lineup of webinars. Sponsors provide excellent educational content along with introducing the Encoursa community to helpful solutions.Over the last three years we have gotten to know QX Accounting Services (QXAS), and we are thrilled to host the Q...
­­­The State of California has approximately 144,000 CPAs, which is more than any other state in the U.S. With so many CPAs residing in the State, it should be no surprise that we get a lot of questions about California’s continuing education rules and requirements, especially for ethics. Renewal DateUnlike most s...
Since the beginning of the COVID-19 pandemic, business travel has plummeted across the globe. In the United States, business air travel fell by over 90% in the early stages of the pandemic and although it has bounced back to some degree, it remains 70% below 2019. For those who have returned to traveling for business,...

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