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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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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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Accounting Firms Continue to Prioritize Work-Life Balance

CPA Practice

My generation is more focused on maintaining that work-life balance,” said Kowal, who works at accounting firm EisnerAmper in Philadelphia. “A To make that possible, firms are looking to technology and staffing as ways to ensure their accountants can use time more efficiently.

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Accounting Firms Will Not Be Leading the AI Revolution

Going Concern

Rightworks has released their inaugural 2024 Accounting Firm Technology Survey and the results tell us what we already done knew: Accounting firms are hesitant to adopt next-gen technology. The top benefits cited were the ability to support flexible/remote workers and heightened firm and client data security.

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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

What a supplemental "gig economy" looks like for an accounting firm. Why outsourcing can help yield growth by augmenting your current model. Methods to measure and track your success so you can watch yourself improve. September 30th, 2021 at 1:30 pm PDT, 4:30 pm EDT, 9:30 pm BST

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How accounting firms are innovating in 2024

ThomsonReuters

Jump to: 2024 top priorities Key Insights from the 2024 State of Tax Professionals Report Preparing your firm for the future In the ever-evolving landscape of tax and accounting, professionals are continually adapting to new challenges and opportunities.

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

Going Concern

90% plan to increase fees for individual tax returns, 87% plan to increase fees for business tax returns, 85% plan to increase fees for bookkeeping and accounting, and 76% plan to increase fees for CFO and controller services. 57% of accounting firms plan to increase fees across all services in 2025. Or at least half-in.

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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

In this webinar you will learn: How important are face to face relationships for an accounting firm? Join Javier Goldin, Managing Partner at the Goldin Group, LLC, for this enlightening discussion on the elements of engendering trust. What are the important elements of a relationship in a remote environment?

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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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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!

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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. How automation can contribute to mental thriving.

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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. Discover how Fincent can streamline your transition.