ThomsonReuters

SEPTEMBER 3, 2024

Jump to: Adaptation to technology Perception of applicability AI’s impact on audit jobs and billing AI policy and regulation for audit firms Future of work Proactive steps for auditors Adaptation to technology The audit industry is at a crossroads with GenAI.

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ThomsonReuters

JUNE 16, 2023

Is your firm running its gears on outdated accounting technology? However, firms looking to remain competitive and drive greater profitability must pause to reflect on how they can work smarter and faster. This, of course, leads to a significant drain on staff time and firm efficiencies.

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ThomsonReuters

DECEMBER 27, 2024

Jump to Specific challenges related to auditing cryptocurrency transactions Managing access and security in crypto audits What can accountants do to prepare for crypto audits? Unique audit risks related to cryptocurrency What is an auditors responsibility in crypto audits? What can accountants do to prepare for crypto audits?

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ThomsonReuters

MAY 22, 2024

There are, however, other considerations at play and challenges that accounting firm leaders may face when looking to move to the cloud. To help firms navigate the change, this article will take a closer look at both some of the opportunities and challenges that firm owners and partners should consider.

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ThomsonReuters

JANUARY 24, 2023

This starts with solid reporting by company management and presents a significant opportunity for auditors. Why are ESG audits important? According to CAQ, auditors, especially public company auditors, are ideally positioned to enhance reliability of ESG reporting.

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ThomsonReuters

JULY 11, 2023

Accounting firms turn to a three-tiered approach to uncover opportunities Accounting firms are severely impacted by the dynamic post-pandemic economy. Firms are faced with the external challenges of meeting new client demands, increasing compliance pressures, and tax law changes. According to Revelio Labs Inc.,

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Withum

DECEMBER 12, 2023

In fact, a Center for Audit Quality (CAQ) analysis found that 90% of US companies that trusted their non-financial auditing to a publicly traded auditor used the same firm for their financial auditing. Regulation: Many of the world’s most far-reaching climate regulations require assurances from pre-approved third-party auditors.

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