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How Artificial Intelligence is Revolutionizing the CPA Practice

CPA Practice

Managing expectations and incremental implementation As we know, AI is a broad term encompassing various components, and in relevance to accounting, it includes cognitive and machine learning, as demonstrated by expense management solutions, financial data analytics tools, credit risk assessment software, and more.

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Business Owners Are Poised to Invest More in Technology

CPA Practice

“As cloud apps move beyond just finance into operations, there is a great opportunity for accountants to help clients improve their business operations and ensure the smooth flow of data back to accounting systems,” said Donny Shimamoto, CPA.CITP, CGMA, managing director of IntrapriseTechKnowlogies.

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Five Considerations When Preparing Your Healthcare Practice for a Sale

Withum

This analysis goes beyond the basic financial statements to examine factors such as revenue recognition policies, key performance indicators, expense management, recent trends, and non-recurring or non-operational items.

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The Technology Lab Podcast – Review of Hubdoc – Feb. 2023

CPA Practice

Technologists Randy Johnston and Brian Tankersley, CPA, CITP, CGMA review Hubdoc , an online tool that helps businesses and firms digitize and automate the management of financial documents, receipts and invoices, and import them into accounting systems. Use the player below to listen to the podcast.

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Business Budgeting Software Guide: Budgeting Software for Small to Enterprise Business

Snyder

Among all the features you may be interested in are the following: Accounts Receivable; Bank reconciliation; Billing & Invoicing; Expense Tracking; Fixed asset management; Fund accounting; Payroll management; Project accounting; Purchase order management; Tax management.

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Accounting Practice Management Software: The Top 17 Roundup

Ryan Lazanis

Get to know the top accounting practice management software and why it is essential for your business. Important categories to evaluate when choosing a workflow management software for your CPA firm. In no particular order, check out the 17 best accounting practice management software products on the market.

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Top 10 Best Mac Accounting Software Solutions For Your Small Business

Snyder

Basic on-premise (desktop) Mac accounting systems may cost around $200 – $400 for limited user licenses. It can be a one-time expense, giving value for a longer duration. Whichever your accounting method is – cash-based or accrual – Xero works well for both. Xero accounting can integrate with other business software.