CPA Practice

MAY 17, 2024

By my count, there are 30+ new tools for the accounting profession alone. Co-host Brian Tankersley and I try to cover interesting developments weekly in The Accounting Technology Lab Podcast. We’ll see applicable AI in Tax, Audit, and Client Accounting Services this year and next. So, What Are We To Do?

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Technology accounting firms accountant Account 64

CTP

NOVEMBER 16, 2022

Artificial intelligence in accounting software is bringing new ethical challenges for professionals, their clients, and the public at large. A recent report by Acumen Research found that accounting professionals spent $1.5 This requires the application of methods of accounting and selections of an allowable tax year.

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tax planning Tax Technology Non-Profits 95

CPA Practice

JANUARY 23, 2024

Powered by our 2030 Global Strategy—Taking Charge of Change—RSM has worked collaboratively as a global organization more than ever before to innovate and better serve clients across borders,” RSM International CEO Jean Stephens said in a statement. Global revenue for accounting and audit services rose by 13% to $3.6

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audit Tax Technology Account 52

Withum

NOVEMBER 1, 2022

billion by 2025, and then to almost $4 billion by 2030. The clear excitement of investors presents new challenges and opportunities for accounting and consulting services to tackle a multitude of issues surrounding the industry, from controls surrounding tournament integrity to wealth management services for prosperous athletes.

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Entertainment Gaming Sports audit 72

Menzies

FEBRUARY 12, 2024

Menzies LLP - A leading chartered accountancy firm. Scale up superpower The government intends to make the UK a science and technology superpower by 2030 and this year the focus is on scale ups.

Technology 59

Technology income tax chartered accountant Government 59

CPA Practice

JANUARY 12, 2024

Grant Thornton LLP, one of America’s largest audit, tax and advisory firms, has released its fifth annual Environmental, Social and Governance (ESG) Report , which highlights the firm’s progress toward achieving key milestones in its sustainability goals and diversity, equity and inclusion (DE&I) aspirations.

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accounting standards audit Government Tax 52

PYMNTS

JANUARY 9, 2019

In a 2017 report from job hunting site Indeed , researchers found that “small business accountant” was nowhere to be found in the top-10 job positions sought after by most small business employers. “Bookkeeping is the low-value work performed by accounting firms,” he said.

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Technology bookkeeping accountant Account 71

Going Concern

MAY 24, 2023

and we’ve been hearing for at least as long as this website has been alive that AI will all but eliminate accountants. No doubt, as time goes on, AI will get better and more positions may be replaced by AI but do you, the accountant, have to worry about your job? That’s perfectly natural, especially in high-strung accountants.

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CPA Practice

OCTOBER 6, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss the latest trends in practice management for accounting firms. Mark Edmondson from inflow, wrote a great white paper on the audit technology ecosystem, and even if you don’t do audits, I want you to go download it, okay? Now in the accounting software world.

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Technology accountant Account accounted 52

PYMNTS

JANUARY 7, 2020

With the Sustainability Cloud, though, there can now be a greater accountability in terms of “peer benchmarking, anonymized data to track progress, communities to share best practices, and ways to input supply chain information,” Flynn said. It also intends to operate on 100 percent renewable energy sources by 2030.

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audit Retail Sales Account 53

Cherry Bekaert

APRIL 9, 2024

Globally, the near-term goal is to cut carbon emissions by 50% by 2030 to limit global warming to 1.5 There are tangible business benefits to measuring and reporting emissions,” says Gabriela Payne, Senior Manager, Risk & Accounting Advisory Services. In fact, most nations in the developed world, including the U.S.

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California Technology Manufacturing Transportation 52

MineralTree

DECEMBER 29, 2022

According to Finance 2030, finance leaders are spending up to 19% more time on value-added activities than they did 10 years ago. It should then come as no surprise that automating accounts payable processes is an important part of financial digital transformation. Simplify Audits. The Ability to Be More Strategic.

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AP Automation Technology accounting and finance Finance 52

CPA Practice

SEPTEMBER 28, 2023

So these tools often have individual progress and deadlines for each period that they assign out to the accounting team. And it turns out a lot of accounting software platforms just don’t do a very good job of tracking that internally. But the fact of matter is almost all accounting software really didn’t have clothes in it today.

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Technology accounting software general ledger Account 52

Going Concern

SEPTEMBER 20, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. Add in other common firms where CFOs have previously worked—such as McKinsey & Co.

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accounting and finance auditor Technology Construction 105

Accounting Insight

SEPTEMBER 4, 2023

With just a couple of weeks until Accountex Summit Manchester returns to Manchester Central on September 19 2023, here’s a run-down of all things new at the show… The Accountex Summit Manchester CPD accredited seminar programme will explore the pivotal topics to help accounting and finance professionals stay ahead in their career.

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accounting and finance quickbooks Finance audit 52

Going Concern

MAY 6, 2024

Borgers with deliberate and systemic failures to comply with Public Company Accounting Oversight Board (PCAOB) standards in its audits and reviews incorporated in more than 1,500 SEC filings from January 2021 through June 2023. Last weekend’s weekend discussion: It’s Mental Health Awareness Month. We’re aware.

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auditor audit accountant Account 100

Going Concern

OCTOBER 7, 2024

The Big Four accounting firm told employees last week that it would embark on a reorganisation of areas of the business affecting about 2,700 staff and partners, adding that it was part of its “new vision to become the pre-eminent firm”, according to a document seen by the Financial Times. Yeah, that doesn’t sound good.

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accountant Account accounted general ledger 105