Accounting Insight

MAY 3, 2023

Following its launch into the education sector at the EdTech event Bett UK in March, accounting software provider, iplicit , is inviting multi-academy trusts (MATs) to become pilot sites with access to its award-winning accounting software. iplicit surveyed 200 CFOs working in existing MATs.

accounted 72

accounted Account accountant accounting software 72

Going Concern

OCTOBER 17, 2022

32 leading industry commentators, CEOs, CFOs and board members from across the world have contributed their views on the future of financial services for KPMG’s Voices on 2030: Financial Services reinvented report. The Malawi Accountant General’s office suddenly has at least 17 job vacancies. Reminder: FloQast is hiring.

Iowa 98

Iowa accounted Account accountant 98

Going Concern

APRIL 1, 2024

Business Insider wrote about the accountant shortage, specifically Tupperware griping in regulatory filings that it can’t find enough people (again): The accountant shortage is so bad that companies are delaying filing key mandatory reports. A lot of this work that we’re doing is, I’d call it forensic accounting,” Cipriano said.

accounted 105

accounted Account accountant audit 105

Going Concern

MARCH 27, 2024

This article from Accountancy Age could possibly be a poorly disguised ad for AdvanceTrack’s services but just in case it’s not, it has some figures we can refer to in 2030 when all the work has been offshored and regulators are scrambling to figure out who should pay for mistakes made because of it.

accounting firms 119

accounting firms accounted Account accountant 119

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?

Technology 64

Technology accounting firms accounted Account 64

Canopy Accounting

NOVEMBER 28, 2022

Today, there are more than 54 million adults aged 65 and older, but by 2030, that number is expected to rise to 74 million. While this trend will create a number of social issues, one thing we tax preparers know is; helping our clients deal with retirement accounts is going to become an increasingly large part of our practices.

tax preparation 98

tax preparation Tax accounted Account 98

CPA Practice

JANUARY 17, 2024

Coming on the heels of a Moss Adams study that revealed 69% of accountants believe artificial intelligence has a positive impact on the accounting profession, a new report from AI customer support company DevRev found that accountants don’t fear AI advancements the most among professionals in the U.S.

North Dakota 58

North Dakota Rhode Island West Virginia South Dakota 58

Going Concern

DECEMBER 12, 2023

Adds FT : It comes as the Big Four accounting firms — Deloitte, EY, KPMG and PwC — seek to trim costs and as large employers cut back on travel to reduce their carbon emissions, relying more on video calls to conduct meetings. PwC has pledged to cut emissions from its operations to net zero by 2030. Right but they cost more.

accounting firms 111

accounting firms accounted Account accountant 111

CPA Practice

NOVEMBER 5, 2024

Lili , a financial platform designed for small business owners, today announced that it is launching Lili Connect,an embedded finance integration that streamlines small business banking, accounting, and tax processes, allowing partners to offer Lili’s comprehensive financial management tools directly through their platform.

E-commerce 52

E-commerce accounting and finance Finance Tax 52

Going Concern

DECEMBER 11, 2023

PwC has pledged to cut emissions from its operations to net zero by 2030. Business travel remains PwC UK’s single-largest source of carbon pollution, with flying accounting for more than two-thirds of the firm’s emissions in 2022. I think we’re losing our way,” he said on the latest Accountants Daily podcast.

auditor 105

auditor accounted Account accountant 105

Going Concern

NOVEMBER 6, 2023

public-sector consulting business of Big Four accounting firm PricewaterhouseCoopers for an undisclosed price and rebranded it as Guidehouse. The proposal comes as the Big Four accounting firm continues to work to untangle the mess left by its decision in April to scrap plans to split auditing and consulting into two different firms.

audit 110

audit accounted Account accountant 110

Menzies

JULY 8, 2024

Menzies LLP - A leading chartered accountancy firm. Clean power by 2030 One of Labour’s key missions is to achieve net-zero carbon emissions by 2030, which includes investing in sustainable transport options and electrification of the vehicle fleet.

Transportation 52

Transportation chartered accountant Education accounting firms 52

CPA Practice

APRIL 18, 2024

As a Certified Public Accountant with an extensive background in professional services, Nedder has been a client advisor for 26 years. as RSM’s new CEO and, based on his leadership experience to date, believe he is perfectly positioned to lead RSM globally from the strength of today to a new high in 2030 and beyond.”

CPA 52

CPA public accounting Tax accounted 52

CPA Practice

APRIL 9, 2024

Let’s face it, the accounting profession has developed a bad reputation – toiling through long hours chained to a desk, crunching numbers, deciphering archaic tax codes and grinding out tedious tasks, all for lower starting pay and heavy licensing requirements. Compounding the problem is the increased demand for accountants.

cpa firm 122

cpa firm CPA Technology Legal 122

Going Concern

JANUARY 24, 2023

A few bullets from today’s press release : Global revenues increase by over 41% in three years Double-digit growth across all RSM regions for a second consecutive year 10% rise in headcount to 57,000 RSM professionals Network targets 100% growth in revenue by 2030 This $8 billion puts them just $26.6 billion off from nearest rival BDO.

Start-ups 110

Start-ups accounted Account accountant 110

Cherry Bekaert

JULY 10, 2023

In fact, the RPA market is predicted to grow by USD 31 million by 2030 and expand at a CAGR of 39.9% from 2023 to 2030 (Grand View Research). In the financial services industry, MuleSoft RPA can be used to automate tasks such as processing loan applications, managing customer accounts and generating reports. What Is RPA?

Technology 94

Technology Real Estate Construction Healthcare 94

Withum

DECEMBER 12, 2023

Certified Public Accountants (CPAs) are the trusted providers of most companies for financial auditing and have been supporting the assurance of non-financial ESG and climate information for decades. One International Federation of Accountants (IFAC) study revealed that 70% of global ESG assurance is performed by accountants.

audit 59

audit cpas accounted Account 59

Going Concern

JANUARY 23, 2024

Not the one that put men on the moon, the one in which global accounting firms figure out how to bill for activities in and around the great beyond. A 2021 Northern Sky Research report found that 500 exabytes of data will come to and from space from 2020 to 2030 , a 14x increase from the ten years before (one exabyte = one billion gigabytes).

Government 108

Government accounting firms accounted Account 108

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.

tax planning 95

tax planning Tax Technology Non-Profits 95

Accounting Insight

MARCH 21, 2023

A quarter (25%) of CFOs surveyed rated their existing accounting software as ‘requires improvement’, while one in five (22%) rated it as ‘inadequate’. We look forward to meeting some education leaders at the BETT show this month and helping to support them with their bespoke accounting needs.”

Finance 59

Finance accounting and finance Education accounting software 59

CPA Practice

MARCH 4, 2024

The regulations are outlined in two bills, the Climate Corporate Data Accountability Act (SB-253) and the Climate-Related Financial Risk Act (SB-261). Climate Corporate Data Accountability Act SB-253 SB-253 applies to all U.S. These laws apply for both private and public U.S.

California 119

California accounting and finance Government Finance 119

ThomsonReuters

DECEMBER 29, 2022

Helping companies ensure compliance by outsourcing for business processes represents a growth opportunity for today’s tax and accounting firms. . “ Consider this: the global business process outsourcing market size accounted for $241.7 billion by 2030, growing at a compound annual growth rate (CAGR) of 8.9

corporation tax 59

corporation tax Tax income tax tax return 59

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.

Technology 71

Technology bookkeeping accounted Account 71

Going Concern

SEPTEMBER 27, 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. Talent Hey employers, are you looking to hire accountants to fill remote or hybrid roles?

audit 105

audit auditor accounting and finance accounting firms 105

CPA Practice

AUGUST 9, 2023

In January 2023, we launched a new global strategy for 2030, uniting all 57,000 people at RSM around the world. Courtesy of RSM US RSM is the fifth largest public accounting firm in the U.S. Simultaneously, we have been positioning our firm to meet the future,” he continued. “In

accounting firms 52

accounting firms public accounting Government Tax 52

Withum

OCTOBER 11, 2023

On October 7, 2023, California Governor Newsom signed SB 253 and SB 261 , collectively known as the “California Climate Accountability Package,” into law. The reporting aligns with the Greenhouse Gas Protocol Corporate Accounting and Reporting Standard and its Scope 3 counterpart.

California 59

California payroll Start-ups accounting and finance 59

Accounting Insight

FEBRUARY 23, 2023

Award-winning accounting software provider, iplicit , is launching a major push in the education sector with an objective to disrupt the norm and shake up incumbent finance software providers. By iplicit The post iplicit launches major move into the education sector appeared first on Accounting Insight News. concludes Stickley.

Education 72

Education accounting and finance accounting software Finance 72

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

audit 52

audit Tax Technology accounted 52

PYMNTS

JUNE 7, 2018

While AI can deliver time and cost savings, automation and actionable insights, executives are also concerned that the tool will displace professionals like accountants and procurement officials. The company cited McKinsey research , which concluded that up to 800 million jobs could be lost to automated technologies by 2030.

Technology 51

Technology accounted Account accountant 51

Withum

FEBRUARY 21, 2023

According to this article the “highest earners at their position, (long snapper position) accounted for about 1% of the league’s $120.6 Who knows how much this gap will grow by 2030 when the collective bargaining agreement expires… This is not an unsolvable problem.

Sports 122

Sports Gaming accounted Account 122

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.

Entertainment 72

Entertainment Gaming Sports audit 72

CPA Practice

SEPTEMBER 26, 2024

A new report from EY reveals that nearly nine in 10 (86%) financial controllers expect their roles to change dramatically by 2030, with 39% anticipating a heightened focus on value creation—actively supporting business growth—along with value protection and optimization.

Technology 52

Technology accounting and finance Finance financial accounting 52

Menzies

MARCH 6, 2024

Menzies LLP - A leading chartered accountancy firm.

Manufacturing 64

Manufacturing chartered accountant Education accounting firms 64

Xero

NOVEMBER 30, 2022

Ecologi’s app will give thousands of service-based small businesses the opportunity to access Ecologi Zero, a simple-to-use and accurate carbon accounting platform for free – allowing them to measure their emissions. We’ve also announced new emissions reduction targets by 2030 to continue our net-zero journey.

Start-ups 93

Start-ups accounted Account accountant 93

Menzies

NOVEMBER 9, 2023

Menzies LLP - A leading chartered accountancy firm. However as the Prime Minister announced in March his 10-point plan to make the UK a ‘science and technology superpower by 2030’, at the very least we hope to hear an update on the first projects which were allegedly worth around £500 million in funding. The next Silicon Valley?

Technology 59

Technology chartered accountant Government Tax 59

CPA Practice

MAY 22, 2024

Business accounting technology provider Sage says its net-zero targets have been validated by the Science Based Targets initiative (SBTi). Sage’s net-zero targets span all three emission scopes, aiming to achieve net-zero greenhouse gas (GHG) emissions across the value chain by 2040.

Non-Profits 59

Non-Profits Education business accounting accounted 59

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