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Why accounting firms are bleeding talent

Accounting Today

Stagnating wages and gaps in career path awareness have pushed young professionals away from accounting, leading to a dearth of candidates and leaving firms scrambling to find a solution.

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Finance Digital Transformation for Accounting Firms

Acterys

Accounting firms provide financial management services to businesses, including advisory services, bookkeeping, tax preparation, and auditing. For many accounting firms, there remains the opportunity to improve speed, efficiency, and quality. The vision sets the high-level goal of the accounting digital transformation.

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Leveraging AI: 6 Innovative Strategies for Accounting Firms

CPA Practice

Like other software, AI is helping streamline some tasks and is used as an aid for many in the accounting industry. If you’re not using AI in your firm already, it’s time to analyze some of the time-consuming tasks that you or your team are performing all the time to see which ones can be assisted or fully offloaded to AI.

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Citing Rising Costs, Accounting Firms Plan to Increase Fees in 2025

Going Concern

Ignition has released its 2024 US Accounting and Tax Pricing Benchmark report and it reveals that the 325 Ignition customers surveyed are going all-in on fee increases in 2025. 57% of accounting firms plan to increase fees across all services in 2025. 57% of accounting firms plan to increase fees across all services in 2025.

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Rethinking the Concept of the Employee: How Outsourcing Can Help Grow Your Accounting Business

Speaker: Dixie McCurley, Principal, Digital Advisory at Cherry Bekaert LLP

In this post-COVID world, clients are reevaluating their expectations as far as an in-person relationship with their CPAs and accounting professionals. Currently, both firms and smaller practices can take advantage of this remote work culture and use Outsourcing to drive growth.

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Why Your Accounting Firm Needs Managed IT Services

CPA Practice

Sangeeta Chhabra Efficiency and speed matter more than ever in today’s business environment—and for the majority of accounting firms. These services scale IT infrastructure to help accountants speed up accounting services, manage the workforce, adhere to global compliances, and lower operational costs. GDPR, CCPA, etc.).

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Accounting firm sued over Ponzi scheme

Accounting Today

Investors have filed a lawsuit against an accounting firm alleging it helped a client maintain a Ponzi scheme involving cash advances that led to the loss of millions of dollars.

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5 Pain Points Every Small to Medium-Sized Accounting Firm Experiences

These are the top 5 pain points that come up over and over again when we talk to small to medium-sized accounting firms. Download this guide to read about solutions for your firm's: Workflow & Project Management. Let's break each one down and talk about solutions! Document Management. Billing, Invoicing, and Time Tracking.

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10 Pragmatic Guidelines to Inspire Trust in Your Accounting Firm During COVID Times

Speaker: Javier Goldin, Managing Partner at Goldin Group LLC

The accounting profession has been moving from transactional to advisory work. The pandemic has forced many firms into a remote environment. In this webinar you will learn: How important are face to face relationships for an accounting firm? Advisory work is based on relationships and an ongoing dialogue.

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3 Must-Have Reports to Help Financial and Accounting Firms Become More Profitable

Bizinta highlights three crucial reports for financial and accounting consultancies to enhance profitability: Utilization Reporting maximizes billable hours Profitability by Consultant identifies top performers Contribution by Client prioritizes high-value clients These reports provide accurate insights, replacing guesswork with data-driven decisions. (..)

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Be an Odd Duck: Work on, Not in Your Public Accounting Practice

Speaker: Tom Bowman, CPA of Bowman & Company

Owners of Public Accounting firms are always telling their clients to work on their business and not in their business, yet many times do not take their own advice. It is possible to run an Accounting Firm and never do tax returns or financial statements! Don't miss out on this ground-breaking session!

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Digital Transformation in Accounting: Why It’s Essential for Modern Firms

Accounting firms must embrace digital transformation to stay competitive. The accounting industry faces a digital revolution. As technology reshapes business, firms must adapt or risk obsolescence. As technology reshapes business, firms must adapt or risk obsolescence.

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Build the Ultimate ROI Machine for Your Accounting Firm

Jumpstart the ROI you're getting from your technology stack. Download this guide from Canopy to see how!

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No, Robots Are Not Taking Over Your Job: A Discussion on Balancing People and Tech in Automation

Speaker: Michael Ly, CEO of Reconciled, and Chris Elmore, UNCC Professor and Chief Evangelist of AvidXchange

Join Michael Ly, Author and CEO of Reconciled, and Chris Elmore, UNC Professor and Chief Evangelist of AvidXchange, for this illuminating discussion on the intersection of people and accounting automation. How technology can help accounting firms concentrate on real people.