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Blog Articles & Video November 2021

Accounting Practitioner Trends Picture is Bleak

Despite the significant investment in time and money to pursue an accounting career or obtain an advanced accounting credential, accountants are quitting their jobs in alarming numbers. In short, the Great Resignation has indeed infected the accounting profession. The reasons for the global accountant shortage are complex, ranging from retirements

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Why QuickBooks Crashes Unexpectedly with or without an Error?

As QuickBooks is a large software with a variety of functions, Some bugs/glitches may cause it to crash unexpectedly. A user may face sudden closing of QuickBooks (crash with an unrecoverable error, QuickBooks has stopped working or without any error) while working on it. Such kind of crashes may lead

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Are Financial Planners Ready to Replace Excel?

Digitization has a fundamental impact on every business, and it is estimated to be strongest on financial planning and analysis (FP&A). Most business units still look at FP&A professionals to lay out the company’s goals and map out a company’s financial future. According to IBM, more than 50 percent of

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How Practicing Mindfulness Helps Firms Grow

The University of Berkeley defines mindfulness as a state of being aware of our actions and thoughts through a gentle lens. The world today seems to be rife with people who think only of themselves. In business, we see this with firms that put profits above their employees or their

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Accounting Principals releases 2022 salary guide for accountants

Accounting Principals has issued its annual salary guide for accounting and finance professionals as the labor shortage that’s been hitting so many industries this year has also driven demand for accountants. The guide includes some of the trends that the staffing agency has seen over the past year, including a

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Tips for Staying Ahead of the Great Resignation

What would you do if 40 percent of your team quit next week? Of course, such dramatic turnover is unlikely, at least all at once, but it could become a reality over the next year. According to Microsoft’s 2021 Work Trend Index, 41 percent of the global workforce is considering

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What’s in the House-passed tax and spending bill backed by Biden

The House on Friday passed a roughly $2 trillion bill incorporating the core of President Joe Biden’s economic agenda — ramping up funding for the social safety net and increasing taxes on corporations and the wealthy — sending it on to the Senate, where it’s likely to be significantly reshaped.

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House passes Biden’s economic plan, Senate fate uncertain

President Joe Biden’s signature plan to expand the social safety net, address climate change and rewrite tax policies passed the House Friday morning as Speaker Nancy Pelosi united fractious Democrats to send the legislation to the Senate, where its fate remains uncertain. The 220-213 vote followed months of intra-party squabbling.

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BlackLine expands Microsoft collaboration

Finance and accounting close solution provider BlackLine Inc. is expanding its collaboration with Microsoft by joining the software giant’s Business Application ISV Connect Program and creating a joint selling arrangement. Joining Microsoft’s independent software vendor program will help BlackLine create and market products to users of Microsoft’s Dynamics 365. “Microsoft

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Wish to Downgrade QuickBooks Desktop? Read This

QuickBooks Desktop is a business accounting and bookkeeping software that assists small and medium-sized businesses in managing their funds, payroll, statements etc., amongst various other daily operations. Intuit offers multiple versions of QuickBooks Desktop that provides different features and benefits to its users. Since every organization has a different set

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