CPA Practice

NOVEMBER 26, 2024

Brian Tankersley, CPA, and Randy Johnston review HubSync , an all-in-one, modern client platform which automates the tax return and other key processes and provides a single gateway to drive “Best-in-Class” collaboration between professionals and their clients. Randy Johnston 00:04 Welcome to the accounting Technology Lab.

Technology 111

Technology accountant accounted Account 111

CPA Practice

NOVEMBER 11, 2024

A Top Technology Initiative Article by Randy Johnston. The outlook couldn’t be brighter with new opportunities, technologies, challenges, and clients looking to take advantage of your service offerings. In this column, I will illustrate portal and AI support with some new platforms that are examples of improved automation and AI.

accounting firms 111

accounting firms Technology accountant accounted 111

CPA Practice

OCTOBER 18, 2024

Watch the video, or listen to the audio podcast below: Or use the below podcast player to listen: Transcript (Note: There may be typos due to automated transcription errors.) Tankersley, CPA.CITP, CGMA 00:00 Randy, welcome to the accounting Technology Lab sponsored by CPA practice advisor.

Technology 111

Technology accountant accounted Account 111

TaxConnex

AUGUST 16, 2022

These sales tax technology solutions appear to automate the full sales tax process; however, what is not apparent is that the software options are similar to a do-it-yourself (DIY) project. This would include: Implementation of the technology. Maintenance of the business assumptions and rules applied by the technology.

Technology 246

Technology Sales Tax audit 246

CPA Practice

NOVEMBER 15, 2024

Brian Tankersley, CPA, and Randy Johnston review Soraban , an AI-powered system that revolutionizes your practice’s client data intake process by automating and simplifying every step. Tankersley, CPA.CITP, CGMA 00:00 Welcome to the accounting Technology Lab sponsored by CPA practice advisor.

Technology 111

Technology accountant accounted Account 111

CPA Practice

DECEMBER 6, 2024

Watch the video, or listen to the audio podcast below (transcript below): Or use the below podcast player to listen: Transcript (Note: There may be typos due to automated transcription errors.) Randy Johnston 00:10 welcome to the accounting Technology Lab. And so, you know, thats why, for example, audit miners there.

Technology 98

Technology accounted accountant Account 98

TaxConnex

SEPTEMBER 28, 2021

Since software, and especially Software-as-a-Service, may not be delivered in a tangible form, many technology and software companies have considered themselves exempt from sales and use tax. In fact, many states impose sales and use tax on services provided by the technology industry. Are you prepared in the case of a future audit?

Technology 245

Technology Sales Tax audit 245

CPA Practice

NOVEMBER 1, 2024

Watch the video, or listen to the audio podcast below (transcript below): Or use the below podcast player to listen: Transcript (Note: There may be typos due to automated transcription errors.) Tankersley, CPA.CITP, CGMA 00:00 Welcome to the accounting Technology Lab, sponsored by CPA practice advisor. And certainly that is helpful.

Technology 111

Technology accountant accounted Account 111

CPA Practice

OCTOBER 17, 2024

It’s about attracting the type of high-potential talent that can more effectively meet the needs of their organizations by fully embracing and leveraging new technologies to become exponentially more efficient. Great accountants expect interesting roles and tech-forward careers Ask someone outside of our profession to imagine an accountant.

Technology 124

Technology accountant accounted Account 124

CPA Practice

OCTOBER 8, 2024

According to a new report from top six accounting firm BDO USA, company finance leaders are expecting technology like artificial intelligence to be used by their external auditors now to enhance their audit engagement and consider it the second-most important factor when choosing an audit firm. Graph courtesy of BDO USA.

audit 143

audit Finance auditor Technology 143

CPA Practice

NOVEMBER 11, 2024

This webinar will be held on Tuesday, December 3, 2024 at 1:00pm ET Sponsor: Avalara Duration: 1 Hour Register Now We’ll demonstrate how automation integrates with popular accounting platforms to save time, reduce risk, and enhance efficiency. Plus, earn free CPE credit! Join us for best practices and a live demo.

Tax 116

Tax Indiana Technology CPA 116

ThomsonReuters

DECEMBER 10, 2024

Jump to The transformative potential of AI in advisory Breaking through traditional pricing models Empowering teams through technology Challenges and considerations when adopting tech and AI Embracing technology to unlock advisory services Today, many forward-thinking accounting firms are driving business growth through advisory services.

Technology 52

Technology CPA Tax tax preparation 52

CPA Practice

NOVEMBER 27, 2024

These statistics highlight an undeniable reality: delivering outstanding CX is not optional—it is a strategic imperative, even in specialized sectors like tax technology. Tax professionals require efficient tools and proactive support from their technology providers to enhance service delivery.

Tax 116

Tax Technology Retail audit 116

Acterys

JANUARY 8, 2025

Incorporating Automation and Artificial Intelligence Automation and artificial intelligence (AI) can significantly speed up the financial close process to help companies close their books more quickly. Blurring Roles of Finance and IT Skills Technology is increasingly automating financial tasks and computations.

Technology 130

Technology accounting and finance Finance accounting software 130

CPA Practice

MAY 19, 2023

Technology tools for your firm’s stack continue to improve and innovate. Please check out our podcast coverage of tools at The Technology Lab. What Are the Practice Areas and Tools That Can Affect Your Practice and Tech Stack? But how do you determine what is fact and what is hype?

Technology 130

Technology accounting firms payroll audit 130

TaxConnex

MARCH 12, 2024

Since the first adding machine showed up on counters to help shopkeepers tack on the correct sales tax, automation has been part of compliance. But does the new automation always keep up? New tech AI is no doubt the new tech player on the block for all forms of automation, and sales tax calculation is no exception.

E-commerce 264

E-commerce Technology tax return Sales 264

ThomsonReuters

JANUARY 21, 2025

Blog home In the ever-evolving landscape of auditing, the integration of artificial intelligence (AI) has emerged as a transformative force. AI-powered risk identification tools are revolutionizing the audit process, enhancing efficiency, accuracy, and overall effectiveness.

audit 52

audit Gaming auditor Technology 52

CPA Practice

MAY 18, 2023

Technology will play a key role in driving value for businesses in the face of new and current challenges. Expect to see a bigger push for digital automation. Make sure your goals are clear before jumping into any new tech. A great example of divisions trending toward automation is tax departments and government agencies.

Technology 126

Technology Tax B2C B2B 126

CPA Practice

SEPTEMBER 12, 2023

The fourteenth annual Sarbanes-Oxley (SOX) Compliance Survey , conducted by global consulting firm Protiviti, has found that 74% of organizations are seeking opportunities to further enable automation, while 58% reported an increase in hours spent on SOX compliance in the last year. Otherwise, they will struggle to reap the benefits.

Technology 112

Technology audit auditor Government 112

CPA Practice

MARCH 7, 2023

The Uniform Certified Public Accountant Examination (CPA Exam) is regularly updated to reflect enhancements to accounting and auditing standards as well as tax laws and regulations — and to improve the efficiency of the exam. There will be a new infrastructure, new discipline sections, and a greater emphasis on technology throughout.

Technology 137

Technology CPA cpas audit 137

Airbase

NOVEMBER 15, 2023

Automation replaces the manual accounts payable process with software that can make everyone more efficient and lead to cost savings. Table of Contents FirstHeading What is AP automation? Using AP automation software. Features of AP automation software. Traditional benefits of accounts payable automation.

AP Automation 130

AP Automation Technology accounts payable Accounts Payable Automation 130

CPA Practice

DECEMBER 11, 2024

Wolters Kluwer, a provider of professional information, software solutions, and services, has announced two significant enhancements to its TeamMate+ audit management platform: Multi-Year Audit Planning and the Business Rules Engine. This new functionality enables audit teams to ensure data integrity throughout the audit cycle.

audit 59

audit Technology Government 59

CPA Practice

JUNE 9, 2024

More than 5,000 tax, accounting and financial professionals participated in-person and virtually in AICPA Engage 2024, the largest annual educational, technology and networking event. Here is a selection of these technologies. Engage 2024 was held June 2-6, 2024, at the Aria Resort and Casino in Las Vegas.

Technology 119

Technology CPA Education audit 119

CPA Practice

AUGUST 26, 2024

But there is good news: as the accounting industry continues to embrace technology, this has included a shift toward automating and streamlining operations. Chief among the uses for automation in accounting are functions like accounts payable, accounts receivable, and spend & expense management.

Technology 115

Technology accountant accounted Account 115

ThomsonReuters

AUGUST 10, 2023

Charting a smooth course, either on the open seas or at your audit firm, is an exciting opportunity for explorers and tax professionals alike. Here, we will talk through some best practices when implementing new audit software solutions as well as some common pitfalls that can arise throughout the process.

Technology 97

Technology audit Tax accounted 97

CPA Practice

NOVEMBER 27, 2024

The field of public accounting is undergoing significant change, from rapid advancements in technology to evolving client expectations, including increasing demand for strategic advisory services. For example, you can implement automation software and generative AI tools to give employees more time for strategic, value-adding work.

cpa firm 111

cpa firm CPA Technology accounting and finance 111

ThomsonReuters

FEBRUARY 4, 2025

The 2024 Tax Firm Technology Report highlights that 93% of large tax and accounting firms are either actively using, exploring, or considering AI technologies. Key areas where AI enhances tax services in large firms AI’s impact goes beyond simple automation — it’s changing how firms handle complex tax information.

accounting firms 98

accounting firms Tax accountant accounted 98

TaxConnex

JULY 22, 2021

Many went the “easy” route and turned to an automated solution to solve their full compliance obligation, only to realize that calculation and compliance were two different things. These tools automate the sales tax calculation process by integrating with the invoicing or ERP system typically via an API (Application Programming Interface).

Sales 246

Sales Technology Tax audit 246

Withum

DECEMBER 20, 2024

The Client The client is a technology company that provides a streaming SQL database for real-time applications, live dashboards and streaming data pipelines. The team recognized the need for external support and a more streamlined solution to avoid potential audit issues and ensure financial accuracy.

audit 52

audit quickbooks accounting principles Technology 52

Airbase

JANUARY 13, 2023

Invoice automation is the process of automating the creation, management, and processing of invoices. The goal of invoice automation is to streamline and automate the invoice process, reducing the time and resources required to manage invoices manually. Benefits of invoice automation. Compliance and audit.

Technology 130

Technology Approval Workflows NetSuite Spend Management 130

CPA Practice

FEBRUARY 8, 2024

To alleviate accountants’ tedious—but essential—tasks, firms must adopt automation technology, an increasingly essential resource in the profession. A recent ShareFile survey that examined automation in accounting found that 96% of accountants consider automation important to the profession.

Technology 111

Technology accounting firms accountant accounted 111

CPA Practice

AUGUST 28, 2024

CPA Practice Advisor has announced the 2024 Tax and Technology Innovation Award winners and finalists. Now in their 21st year, the awards highlight technologies that advance the profession. Up to five additional products are also selected by the committee as award finalists. Award winners and finalists are presented alphabetically.

Technology 124

Technology accounting firms accountant accounted 124

Airbase

NOVEMBER 29, 2023

You can better identify the best AP automation solution for your organization by following accounts payable best practices. Why you need AP automation. AP Automation best practices 1) Secure stakeholder buy-in. 2) Appoint an AP automation leader. Why you need AP automation. 2) Appoint an AP automation leader.

AP Automation 130

AP Automation Technology accounts payable AP Processes 130

CPA Practice

APRIL 9, 2024

The adoption of a new product or technology tends to follow a familiar cycle. Before we reach the final stage where the technology is widely adopted, we pass through a period of uncertainty, where we wonder if this technology will be too helpful — to the point of being a threat to job security. By Irana Wasti.

Technology 119

Technology accountant accounted Account 119

Accounting Today

AUGUST 2, 2024

KPMG announces new partnerships; CAQ releases generative AI guide for audit committees; US Bank announces new AR solution; and other accounting tech news.

Technology 122

Technology audit accounted Account 122

CPA Practice

JULY 22, 2024

Avalara is a provider of tax compliance automation software for businesses of all sizes, and KPMG is one of the world’s largest audit, tax, and advisory firms. Avalara, Inc. and KPMG LLP have announced a strategic alliance to deliver greater value to enterprise businesses, the companies have announced.

Technology 116

Technology Tax tax consultant audit 116