ThomsonReuters

NOVEMBER 4, 2024

← Blog home In the rapidly evolving field of auditing, AI-powered technologies are revolutionizing traditional processes. As emerging technologies and regulations reshape the field, many auditors find themselves grappling with outdated processes and inefficiencies. link] How can AI-powered technology help audit professionals?

audit 52

audit Technology auditor CPA 52

CPA Practice

NOVEMBER 19, 2024

By Jeff Gramlich, CPA, CITP In today’s audit landscape, we’re witnessing the early stages of an AI revolution. Risk mitigation in the AI era: Why better data means better protection In an environment of increasing regulatory scrutiny around AI use, accounting firms need a robust foundation for their technology adoption.

auditor 52

auditor audit Technology CPA 52

CPA Practice

JANUARY 17, 2023

In the last few years there has been a shortage of critical skills with regards to the accounting profession and especially in the output of North American and European professionals with CPA, EA and CMA qualifications. The development of technology is hastening the transformation of the accounting sector. The three primary U.S.

cma 126

cma CPA accounting and finance public accounting 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

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. In 2004, under the editorial leadership of Gregory L.

Technology 124

Technology accounting firms accountant accounted 124

CPA Practice

MAY 15, 2024

The technologies used in professional accounting firms continue to evolve and shape how practices function, from client service, to staffing issues, and overall management and growth. Thank you to the more than 5,500 readers who participated in voting this year. Now, on to the results! WINNER: TheTaxBook – Tax Materials Inc.

Technology 119

Technology accounting firms cpas accountant 119

CPA Practice

OCTOBER 10, 2023

This surge in demand for CPA services comes at a time when experienced public accountants are exploring alternative career options, and fewer graduates are entering the profession. Automation has emerged as a crucial and necessary tool rather than a luxury, and the development of these resources is revolutionizing the way firms operate.

Technology 105

Technology accounting firms accountant accounted 105

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.

audit 143

audit Finance auditor Technology 143

TaxConnex

FEBRUARY 27, 2024

million accountants and auditors in the U.S. Accountants have long been viewed by people in the profession as underpaid and undervalued compared with positions in tech and banking. Accountants cite low salaries, mundane tasks, burnout and the threat of new technology like generative AI as reasons for considering other industries.”

Sales 264

Sales Tax accountant accounted 264

CPA Practice

SEPTEMBER 16, 2024

Hosts Randy Johnston and Brian Tankersley, CPA, review Supervizor , a continuous quality assurance system that helps accounting firm’s error-proof their client’s bookkeeping and curb fraud. Or use the below podcast player to listen: Transcript (Note: There may be typos due to automated transcription errors.) And I think it’s important.

Technology 120

Technology accountant accounted Account 120

Going Concern

OCTOBER 10, 2024

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Real Estate 59

Real Estate accountant accounted Account 59

Going Concern

OCTOBER 17, 2024

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Real Estate 64

Real Estate accountant accounted Account 64

CPA Practice

JULY 30, 2024

Hiring contract talent is an effective solution to overcome staffing gaps, and one that many CPA firms are conditioned to using, especially during peak workload periods like tax season. A scalable talent model allows your CPA firm to access specialized skills when and for as long as you need them.

cpa firm 113

cpa firm CPA accounting and finance Technology 113

Going Concern

OCTOBER 24, 2024

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Real Estate 59

Real Estate accountant accounted Account 59

CPA Practice

MAY 24, 2024

Hosts Randy Johnston and Brian Tankersley, CPA, are joined by guest Will Zacher, co-founder of AIgency Partners , to discuss a recent study on how artificial intelligence fared when attempting to pass the CPA exam. Or use the below podcast player to listen: Transcript (Note: There may be typos due to automated transcription errors.)

CPA 78

CPA Technology accountant accounted 78

Going Concern

MARCH 31, 2023

auditors who believe their part of the firm could end up weakened by a deal. We have already begun embedding some bits of generative AI into these projects, which is truly remarkable,” said MaheshMakhija, leader, digital and emerging technologies, EYIndia. John King and Frank Mahoney, senior U.S.

auditor 105

auditor audit Virginia Technology 105

CPA Practice

OCTOBER 25, 2024

Hosts Brian Tankersley, CPA, and Randy Johnston review Liscio , a client experience platform that centralizes communication, document collection, and task management for accounting firms. Randy Johnston 00:10 Welcome to today’s Accounting Technology Lab. You know, Brian frequently refers to himself as a recovering auditor.

Technology 115

Technology accountant accounted Account 115

Going Concern

NOVEMBER 27, 2024

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Real Estate 52

Real Estate accountant accounted Account 52

CPA Practice

FEBRUARY 9, 2023

AuditClub, the Audit Service Center, and AuditFile, developer of the award-winning cloud-based audit automation platform, will collaborate to combine audit technology with fractional auditors to ease the challenges faced by CPA firms and internal audit teams in performing audits and reviews.

audit 105

audit auditor cpa firm CPA 105

Going Concern

DECEMBER 20, 2024

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Real Estate 52

Real Estate accountant accounted Account 52

Going Concern

OCTOBER 20, 2023

Local CPA weighs in on accountant shortage [ WMDT ] The Salisbury, MD news spoke to a UHY partner about the issue. CPA at UHY Group Mark Welsh tells 47ABC that recruiting slowing down has meant firms are turning to AI, Bots, and international workers to help fill demand, raising prices as much as ten percent for end-users. Welsh said.

CPA 111

CPA quickbooks Real Estate auditor 111

CPA Practice

JANUARY 17, 2023

Eide Bailly sees risk awareness driving growth in sales tax automation. Auditors are becoming more active. While many state auditors’ offices were less active during the pandemic, tax authorities are now back in full force, actively looking at compliance — and sales tax audits have been increasing. Wayfair, Inc., Wayfair, Inc.,

Technology 98

Technology Sales Tax South Dakota 98

Going Concern

JANUARY 2, 2025

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Real Estate 52

Real Estate accountant accounted Account 52

CPA Practice

AUGUST 5, 2024

CPA firm leaders that view their multigenerational workforce as a source of competitive advantage have the right outlook. Related article: A Scalable Talent Model Can Be Much More Than a Safety Net for CPA Firms in Need of Skilled Talent.] By Steve Saah. Here are three more strategies to consider: 1.

cpa firm 99

cpa firm CPA accounting and finance Virginia 99

CPA Practice

JULY 9, 2023

the developer of the award-winning cloud-based audit automation platform, has announced aquired Advantage Audit from John Wiley & Sons, Inc. Advantage Audit is an audit planning aid and audit program series designed to help auditors comply with risk-based professional standards in a straightforward and efficient manner.

audit 111

audit auditor Technology financial statements 111

Going Concern

NOVEMBER 21, 2024

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Real Estate 52

Real Estate accountant accounted Account 52

Going Concern

JANUARY 9, 2025

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Real Estate 52

Real Estate accountant accounted Account 52

CPA Practice

DECEMBER 1, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss TeamMate Document Linker for External Audit, a solution from Wolters Kluwer designed for CPAs, saving junior auditors time, strengthening audit quality, and improving auditor satisfaction. Welcome to Technology Lab. SPEAKERS Randy Johnston, Brian F.

Technology 98

Technology auditor audit CPA 98

Going Concern

MAY 12, 2023

He will be starting as an investment-banking analyst for the technology, media and communications team in New York City at Lincoln International this summer. Fired: job search or CPA exam? It just seems like a lot of studying for a year for a big test,” the 21-year-old Mr. Verrett said.

CPA 111

CPA accountant accounted Account 111

Going Concern

SEPTEMBER 5, 2024

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Real Estate 105

Real Estate accountant accounted Account 105

Going Concern

OCTOBER 3, 2024

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Real Estate 110

Real Estate accountant accounted Account 110

CPA Practice

APRIL 29, 2024

Comparatively, computer science or information technology accounted for 43%, suggesting that a background in technology is of growing importance to internal audit hiring managers. We’ve seen that play out with many CAEs holding a CPA license,” said Pugliese.

audit 111

audit Education auditor Technology 111

Going Concern

SEPTEMBER 19, 2024

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accountant 105

accountant accounted Account Construction 105

Going Concern

JANUARY 12, 2024

Long Reads How Auditor Deloitte Missed A Nigerian Company’s Massive Fraud [ Forbes ] Hindenburg Research, known for sniffing out corporate scams, took aim in June at an obscure Nigeria-based outfit named Tingo Group. These issues were apparently not glaring enough for the company’s auditor, however.” Tingo paid $1.6 in 2021/22.

audit 111

audit auditor Illinois CPA 111

CPA Practice

APRIL 19, 2023

According to Caseware’s 2023 State of Accounting Firms Trend Report , more than 90% of accountants and 95% of auditors find hiring skilled talent challenging. Everything was handled by a CPA, from collecting client documents to doing the work and delivering the tax return, financial statements or other work products.

Technology 123

Technology CPA tax return auditor 123

CPA Practice

OCTOBER 12, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss the latest trends in generative AI, and their impact on accounting firms. Transcript (Note: There may be typos due to automated transcription errors. I’m Randy Johnston with brand grizzly as co host for the technology lab, we are pleased to have you back with us again.

Technology 111

Technology quickbooks accounting and finance Legal 111

CPA Practice

SEPTEMBER 26, 2024

Thomson Reuters recently launched Thomson Reuters Audit Intelligence, a suite of artificial intelligence-powered, data-driven audit solutions designed to transform audit practices by reducing errors and enhancing confidence while enabling auditors to realize efficiency gains. this fall, followed by the United Kingdom in 2025.

auditor 59

auditor audit general ledger Technology 59