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How AI transformed the tax and accounting profession in 2023

ThomsonReuters

This enables tax professionals to proactively address potential risks and mitigate them effectively, safeguarding their clients’ financial interests. White Paper Expertise matters in AI-powered tax and accounting solutions Not all AI is created equal – what data is your solution learning from?

Tax 101
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How Mike Habib, EA Collaborates with CPAs and Lawyers for Tax Representation Referrals

MyIRSRelief

Mike partners with CPAs and lawyers to address clients facing tax audits, levies, liens, employment 941 payroll tax controversies, non-filers and unpaid back taxes. Collaborating with Mike offers: Enhanced Services for Clients: Tax audits, levies, and other compliance issues can be time-consuming and require specialized expertise.

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How do you audit crypto? It starts with understanding how to report on it.  

ThomsonReuters

Blog home With the introduction of Accounting Standards Update 2023-08, Subtopic 350-60, the landscape for accounting, audit, and assurance of cryptocurrency is evolving. 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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The value of audit certification and what it means for tax firms

ThomsonReuters

Driven by the widening range of stakeholders calling for ESG prioritization, an influx of laws and regulations pertaining to ESG, and a rise in ESG investment products, companies are increasingly setting their sights on ESG-related initiatives, such as audit certification. In fact, an article by global management consulting firm McKinsey and Co.,

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Audit talent development: The ultimate strategy for recruitment, retention and firm growth

ThomsonReuters

From a shrinking talent pool to high turnover, the talent battle among accounting and audit firms continues to be a fierce one. For firms looking to attract and retain top talent , one factor rises to the top: audit talent development. Enter AuditWatch , a comprehensive audit training and consulting for accounting professionals.

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Ensuring Climate ESG Auditing Excellence: How Your Trusted Accounting Partner Makes the Difference

Withum

Now, regulations, investors and other stakeholders want companies to prove their ESG and climate information is accurate and reliable through audits and assurance. This experience puts them at the top of most companies’ list when considering a firm to perform the third-party audit of their ESG and climate reporting.

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Are you harnessing the cloud to its full potential?

ThomsonReuters

As audit firms struggle to keep pace with rising client expectations and market realities, cloud-based audit technology becomes essential. Top challenges for audit firms and how cloud-based audit technology can provide relief Talent shortage Recruiting and retention is a crucial area of focus for audit firms.

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