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Learn how Avalara integrates seamlessly with your existing tech stack, saving time, reducing costly errors, and hear firsthand from a firm that has supported clients through their tax compliance journey. Kenji Kuramoto is founder and CEO of Acuity, which has been named a Top Firm for Technology and Top Firm to Work For by Accounting Today.
More generally, accounting talent pool concerns are pressing even for accounting firms , as enrollment rates of accounting students continue to fall. The accounting education pipeline is drier than ever even as accountingdegrees require many additional course hours. There were about 1.65 in 2022, up 1.3%
Retiring Baby Boomers are creating a vacuum, leading to a scarcity of experienced professionals, and there aren’t enough young people graduating with accountingdegrees—or choosing to enter publicaccounting—to fill that void. This is where technology, particularly tax automation, plays a pivotal role.
Jack Fisher, a certified publicaccountant (CPA) who began selling units in his abusive tax shelters at least as early as 2008, was sentenced to 25 years in prison. Congratulations to the 41 scholars from this year’s class.
Speaking of press releases, EY announced that it has expanded its technology ecosystem with the launch of business transformation platform, EY Nexus, which is optimized for financial services and designed for rapid deployment of new products and solutions. The accounting profession is incubating the next big tech boom.
As I snarkily mentioned last week , the AICPA has finally released its much-anticipated 2021 Trends in the Supply of Accounting Graduates and the Demand for PublicAccounting Recruits (or Trends , for short) report [PDF here ], a behemoth data dump of accounting industry stats first released in 1971 and released every two years since 2009.
Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. The democratization of deepfake technology brings new perils for business [ Deloitte ] This is supposed to be a podcast but if you follow the Apple Podcast and Spotify links, Deloitte hasn’t updated the podcasts in months.
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