PYMNTS

DECEMBER 16, 2016

In a survey conducted by the Institute of Management Accountants (IMA), and sponsored by Blackline, titled “Process Automation in Accounting and Finance,” examining the attitudes and concerns of 750 financial professionals surrounding accounting and month-end closing processes, manual activities remain prevalent — at the cost of time and money.

Technology 74

Technology accounting and finance accounting standards accounting software 74

Accounting Insight

NOVEMBER 5, 2024

Automate tax processes to save time and reduce manual errors: IRIS Elements Enterprise automates time-consuming tasks in tax return completion. Automate tax processes to save time and reduce manual errors: IRIS Elements Enterprise automates time-consuming tasks in tax return completion.

accounting firms 52

accounting firms tax return Account accounted 52

CPA Practice

APRIL 10, 2024

India, in particular, has become a hub for highly qualified accountants, many of whom possess a deep understanding of U.S. accounting standards and practices. Assess your firm’s needs, capabilities and long-term objectives to determine the most suitable mix of offshoring, onshoring, automation, and outsourcing solutions.

Technology 106

Technology accounting and finance cpas accounting standards 106

CPA Practice

JANUARY 17, 2024

By Ane Ohm, LeaseCrunch As we step into 2024, it’s crystal clear: leveraging technology and software is an absolute must for any organization eyeing substantial growth. An insightful takeaway from 2023 is that for CPA firms and entities handling the intricate world of ongoing lease accounting this becomes even more critical.

Technology 59

Technology Account accounted accountant 59

Withum

MARCH 7, 2025

Using technology by leveraging sound financial management software can help streamline the reporting processes. These tools can automate data collection, reduce errors, and provide real-time insights into the resort’s financial health.

Hospitality 64

Hospitality Expense Management audit Technology 64

CPA Practice

SEPTEMBER 4, 2024

As we move toward 2025, the importance for CPA firms to leverage technology for streamlined operations and enhanced productivity has never been more critical. Staying ahead in a rapidly evolving industry requires embracing automation to transform audit processes, enhance collaboration and drive growth. By Miguel Perez.

cpa firm 52

cpa firm Technology CPA audit 52

Going Concern

JANUARY 25, 2023

When Thomson Reuters reported late last year that the Financial Accounting Standards Board (FASB) had proposed an eighth round of changes to lease accounting rules 1 , accounting and finance execs around the country channeled their inner Charlie Browns with a collective, “Good grief!”

Account 105

Account accounted accountant Real Estate 105

Basis 365

JULY 28, 2023

Companies building tech products are at the forefront of innovation in today's fast-paced and ever-changing technological landscape. As they develop cutting-edge software, embrace subscription-based models, and leverage cloud infrastructure, these companies face various accounting challenges.

Technology 52

Technology Account accounted accountant 52

CPA Practice

JULY 27, 2023

A Top Technology Initiative Article – August 2023, With so much coverage of Artificial Intelligence (AI), ChatGPT, and many trying to be “the expert,” I thought it was past time to turn to help you with your AI strategy. How can AI make you a more effective and efficient accountant? What’s a strategy to get that job done?

Technology 98

Technology audit Education accounting and finance 98

Ryan Lazanis

APRIL 18, 2023

How to Get Started With Accounting Intelligence How AI Was Used to Write This Article What is AI in Accounting? AI in accounting refers to the use of artificial intelligence (AI) technologies, such as machine learning algorithms and natural language processing, to automate and enhance various accounting processes.

Account 96

Account accounted accountant Technology 96

Withum

FEBRUARY 19, 2025

Concerns about the depreciation of used EVs and the impact of new technologies were also discussed. This standard requires cryptocurrency to be valued at fair value each reporting period, with gains and losses stated separately. Looking ahead, several upcoming accounting standards are set to impact financial reporting.

Retail 52

Retail Sales Technology Tax 52

CPA Practice

AUGUST 22, 2023

The advanced reasoning capabilities of GenAI models enable billing teams to automate matching between documents (Order Form / Purchase Order) and/or document against system data (Salesforce CPQ fields / Purchase Order). GenAI thus allows revenue accounting teams to achieve a higher level of comfort with their financial statements.

Account 98

Account accounted accountant NetSuite 98

Accounting Insight

APRIL 25, 2023

As someone working in the accounting industry , I know first hand how important it is to keep your finger on the pulse and stay up to date with the latest accounting standards, regulations, and best practices. With the fast-paced nature of the industry and ever-evolving technology, it can be a challenge.

Account 109

Account accounted accountant Technology 109

CPA Practice

OCTOBER 18, 2024

She is focused on partnering with nonprofits to deliver exceptional service, serve as a valued resource, and assist them with financing needs and improving efficiencies through the use of automation and technology. Christine has a BBA in Accounting from St. Mary’s University and an MBA in Finance from Texas Tech University.

CPA 110

CPA Non-Profits cpas Washington 110

PYMNTS

SEPTEMBER 21, 2017

Gappify is the latest company to roll out business accounting-related chatbot technology. 20) that it has launched Alan, chatbot technology designed to assist business accountants. The company announced news on Wednesday (Sept.

corporate accounting 45

corporate accounting Technology Account accounted 45

CPA Practice

NOVEMBER 6, 2023

Carter, Texas Tech University Angelica G. Jefferson, Virginia Commonwealth University DMyrian Frederick, Virginia Tech Isaac L. The 2023–24 Minority Doctoral Fellowship recipients and the universities they are attending are as follows: Allison A. Castro Cardenas, University of Texas at El Paso Asabé A. That rate eclipses the 4.2%

Texas 114

Texas Georgia accounting and finance Virginia 114

Cherry Bekaert

APRIL 10, 2023

From managing day-to-day financial information and transactions to providing strategic insights to decision-makers, accounting professionals have their hands full with a wide range of responsibilities. Additionally, technology can improve collaboration, automate routine tasks and provide real-time access to financial data.

Technology 75

Technology Account accounted accountant 75

ThomsonReuters

APRIL 5, 2024

Lastly, interim tax reporting is crucial for complying with accounting standards and regulatory requirements such as FASB Accounting Standards Codification 740-270 Income Taxes (ASC 740). Stay informed and seek professional guidance: Keep abreast of the latest developments in tax regulations and accounting standards.

Tax 68

Tax income tax financial statements accounting standards 68

Cherry Bekaert

MAY 3, 2024

She suggests that accounting firms not only seek out diverse candidates who are looking for work but also start conversations at the college and even high school level in more diversely populated areas. Focus on Soft Skills and Continuous Professional Development As technological improvements and advances in automation (i.e.,

accounting and finance 105

accounting and finance Finance Account accounted 105

CPA Practice

JANUARY 10, 2024

LeaseCrunch LLC , a lease accounting and lease management software provider, has announced a major growth investment from Aquiline Capital Partners LP, a private investment specialist with $10 billion in assets under management that invests across financial services and related technologies.

cpa firm 52

cpa firm CPA accounting standards Technology 52

PYMNTS

AUGUST 27, 2019

The Certified Personal Accountant (CPA) today now has a plethora of FinTech solutions they can use to manage their clients’ money, with the number of digital tools — including cloud accounting portals, cash flow forecasting solutions and intelligent technologies like artificial intelligence (AI) — continuing to rise.

cpas 60

cpas CPA Technology small business accounting 60

CPA Practice

MAY 29, 2024

Additionally, time constraints and data security concerns add to the complexity of accounting processes, creating additional hurdles for firms to navigate. Companies can overcome these hurdles by investing in the right resources and leveraging cutting-edge technology.

Account 59

Account accounted accountant Technology 59

Going Concern

MAY 12, 2023

Talent Why Graduates Aren’t Hot on Accounting Careers: Low Starting Pay, Onerous Testing [ Wall Street Journal ] For Connor Verrett, an economics major and entrepreneurship minor at Washington & Lee University who expects to graduate this month, that roadblock was among the factors he considered in eschewing an accounting career. “It

CPA 111

CPA Account accounted accountant 111

CPA Practice

JUNE 12, 2024

KPMG LLP’s Audit practice is embedding the Databricks Data Intelligence Platform within KPMG Clara, its global smart audit platform that brings together data and analytics, artificial intelligence and automation, collaboration capabilities and audit workflow, to deliver a better audit experience.

audit 64

audit auditor Technology accounting standards 64

ThomsonReuters

JANUARY 12, 2023

In addition to helping businesses and individuals follow the required accounting standards and tax laws, accountants are increasingly capitalizing on new ways to utilize their knowledge and experience to make a positive impact on the clients they serve. . Are there different types of auditing in accounting?

audit 59

audit auditor Account accounted 59

ThomsonReuters

APRIL 18, 2023

The accounting profession has faced a profound shift in recent years: from significant regulatory changes to an influx of innovative technologies, to reimagined business models, to an increase in client expectations. The lease accounting standard became effective in 2019 for public companies.

Account 52

Account accounted accountant Technology 52

CPA Practice

MARCH 21, 2023

LeaseCrunch LLC , a maker of lease accounting technologies, has nearly doubled its team as the company achieves record growth. LeaseCrunch now supports over 500 CPA firms (including 43% of the top 400 CPA firms as ranked by Inside Public Accounting ) and 15,000 companies across the nation on its lease accounting software.

cpa firm 52

cpa firm Technology CPA accounting standards 52

PYMNTS

MARCH 7, 2016

Much has been made about the use of technology between businesses paying other businesses and the way software can boost sales in the field and invoice management. Though it may garner less press, there’s another niche within Software-as-a-Service that has potential for flexible technology and one that belongs to the chief financial officer.

Technology 40

Technology international accounting standards accounting and finance Finance 40

Going Concern

MARCH 8, 2024

Top Remote Accounting Candidates: February 29, 2024 Opinion The specter of ‘Uberification’ looms over audit [ Accounting Today Voices ] Blake Oliver writes for AT’s opinion column: As technologies reshape industries, we wonder if disruptive startups could come between CPAs and our clients one day.

audit 100

audit auditor New York Legal 100

CPA Practice

SEPTEMBER 11, 2024

At VL, we saw firsthand how challenging portfolio management was for the Office of Finance in adopting the accounting standards (ASC 842, IFRS 16, GASB 87 & 96),” said Robert Michlewicz, CEO of Visual Lease. Both companies focus on empowering mutual customers to streamline financial and sustainability reporting. “At

Real Estate 52

Real Estate accounting and finance Technology accounting standards 52

ThomsonReuters

JANUARY 18, 2024

Accounting professionals are the financial backbone of a company and, in today’s complex environment, they are increasingly providing clients with strategic and forward-looking guidance. In fact, more boards and audit committees are, or will be, looking for accountants who understand AI ’ s potential and limitations. Enter CAS 2.0.

Account 59

Account accounted accountant tax preparation 59

ThomsonReuters

APRIL 6, 2023

When accounts payable and accounts receivable are in balance, a business can plan ahead for growth. If out of balance, immediate attention is needed to regain financial wellbeing. As an accountant, your clients depend on you to help manage their finances.

accounts payable 52

accounts payable Account accounted accountant 52

Withum

AUGUST 21, 2023

In today’s rapidly evolving financial landscape, technology continues to reshape how we conduct transactions and manage assets. As tokenization gains momentum, the role of accounting and audits becomes increasingly vital in ensuring transparency, accountability, and trust in these emerging technologies.

accounting and finance 52

accounting and finance audit Finance accounting principles 52

Accounting Seed

MARCH 17, 2022

The foreign currency accounting standard guides how you must do this. Accounting for Foreign Exchange. centric — no overseas customers, employees or vendors — foreign exchange accounting isn’t anything you have to worry about. GAAP Rules for Foreign Exchange Accounting. Automated is Easier.

Account 59

Account accounted accountant accounting principles 59

CPA Practice

APRIL 26, 2023

Technology – and how we access it – changes rapidly. To ensure that financial reporting is accurate and transparent, accounting needs to keep up. Without a standard accounting method, such committed future liabilities and their related intangible assets are not included on financial statements. By Ane Ohm.

accounting principles 75

accounting principles New Jersey Government financial statements 75

PYMNTS

NOVEMBER 8, 2019

Since founding the company in 2015, we have managed to automate 60 percent of the processes by using technology, and we enjoy popularity from our customers and the continued support from our investors.” The company said that the new funding will be used to bring that automation percentage to 80 percent over the near term.

B2B 40

B2B Technology accounting standards accounting software 40

Basis 365

JANUARY 13, 2025

Complex Accounting Businesses dealing with more complex accounting requirements or more of a management accounting focus can benefit from outsourced bookkeeping experts who specialize in these areas. Quick Issue Resolution Experts quickly identify and solve accounting discrepancies.

Account 52

Account accounted accountant bookkeeping 52