ThomsonReuters

JANUARY 23, 2025

One accountant cited in the report said: “I would like to be able to utilize [GenAI] to complete tasks that are boring or mundane, and I also think it has the capability to enhance my ability to offer more analytical tools to my clients, for example cash flow forecasting or financial statement interpretation.”

accounting firms 64

accounting firms Tax accounted accountant 64

ThomsonReuters

AUGUST 1, 2023

The cost of turnover can be enormous given the training and development costs most firms put into their new hires and the need for continuing professional education. To address this, many future-focused accounting firms are moving away from hourly billing and toward a value pricing model. hours per week.

accounted 98

accounted Account accountant accounting firms 98

ThomsonReuters

APRIL 30, 2024

Jump to: The role of emotional intelligence (EQ) in client relationships The evolution of client service in accounting firms Leveraging technology for enhanced client service Forward-looking accountants are increasingly realizing the importance of harmonizing technical tax expertise with interpersonal relationship skills.

Technology 52

Technology accounting firms financial statements tax return 52

ThomsonReuters

FEBRUARY 28, 2024

That insight stuck with her, Shaul recalls, adding that it planted the seeds of her own path to success and owning her own firm. A culture of happiness and growth In the six years after she became a CPA, Shaul worked at several accounting firms and experienced some less-than-ideal managers.

cpa firm 98

cpa firm CPA Non-Profits financial statements 98

ThomsonReuters

APRIL 24, 2024

They can automatically generate financial reports, invoices, or other accounting documents, as well as assist in summarizing lengthy financial statements or reports for quick insights. It can nurture greater collaboration between clients and accounting firms.

Technology 52

Technology Tax accounting firms financial statements 52

ThomsonReuters

FEBRUARY 13, 2023

In an era of staffing shortages, accounting firms must increasingly look outside the box to fill gaps in talent. As a matter of fact, most entry-level positions start out examining spreadsheets for inaccuracies, entering trial balance data into engagement software, and formatting financial statements.

Technology 59

Technology Non-Profits accounting firms Tax 59

ThomsonReuters

JANUARY 24, 2023

Much like the audits of financial statements, third-party assurance from an audit firm can help solidify trust in a company ’ s ESG reporting. This starts with solid reporting by company management and presents a significant opportunity for auditors. Why are ESG audits important?

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audit auditor Tax accounting firms 59