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

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

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

Going Concern

JANUARY 3, 2025

Technology Heres What PwCs New AI Head Thinks About AI at Work [ AP via Inc. ] Technology Heres What PwCs New AI Head Thinks About AI at Work [ AP via Inc. ] The San Francisco-based HR tech company Employer.com focuses on payroll and onboarding, in contrast to Bench, which specializes in accounting and tax.

auditor 98

auditor audit Rhode Island cpa firm 98

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

OCTOBER 10, 2023

Over the past two years, more than 300,000 accountants and auditors have left their positions, marking a 17% decline from the peak of the profession a few years ago. 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

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. It’s an honor to share all of these new technologies with our readers each year.”

Technology 124

Technology accounting firms accountant accounted 124

CPA Practice

NOVEMBER 19, 2024

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. The evolving role of auditors Future auditors aren’t being replaced—they’re being empowered. Increasingly, it’s us.

auditor 52

auditor audit Technology CPA 52

CPA Practice

SEPTEMBER 16, 2024

Or use the below podcast player to listen: Transcript (Note: There may be typos due to automated transcription errors.) That probably for our normal listeners who don’t know this about Brian, he usually introduces himself as a recovering auditor, and he’s done both internal and external audit. Tankersley, CPA.CITP, CGMA 00:00 Brian F.

Technology 120

Technology accountant accounted Account 120

CPA Practice

APRIL 7, 2023

In 2021, there was a 17 percent drop in employed accountants and auditors from a 2019 peak, according to a Bloomberg Tax analysis. While there’s an urgency for organizations to scale back investments to offset the higher costs of doing business, they can’t afford to cut spending on technology during trying times. By Cameron White.

accounting firms 139

accounting firms CPA Technology accountant 139

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

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

APRIL 3, 2023

In 2021, there was a 17 percent drop in employed accountants and auditors from a 2019 peak, according to a Bloomberg Tax analysis. While there’s an urgency for organizations to scale back investments to offset the higher costs of doing business, they can’t afford to cut spending on technology during trying times. By Cameron White.

accounting firms 135

accounting firms CPA Technology accountant 135

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

Cherry Bekaert

MAY 26, 2023

As organizations continue to rely on technology to achieve their business objectives, information technology (IT) risks continue to evolve, becoming increasingly complex and challenging to many organizations. While these technologies offer numerous benefits, they also introduce new IT risks that organizations must plan for and manage.

Technology 92

Technology audit auditor Legal 92

ThomsonReuters

JANUARY 21, 2025

It shows how these types of initiatives not only improve audits but fundamentally redefine the role of auditors in the digital age. They can identify patterns, anomalies, and potential risks that may not be immediately apparent to human auditors. Ready to transform your audit practice with AI-powered technology?

audit 52

audit Gaming auditor Technology 52

TaxConnex

FEBRUARY 6, 2024

Over the last few years, many states started taxing technology, digital goods, software, and  SaaS. Check Many sales tax automation platforms claim they do it all for you, and to a degree they do, until there are changes to be made. Within these automation platforms, those tasks are left to you to manage and update.

Sales 264

Sales Tax Technology auditor 264

Going Concern

FEBRUARY 6, 2023

Searches for ‘auditor’ ranked number one on the list with 222,500 monthly Google searches. People are searching 5,000 times on average a month for ‘auditor jobs’ and 500 times for ‘auditor careers’. Hurry up, technology, we’re counting on you. The robots are finally coming for your job! Chat AI solves this.

auditor 19

auditor accounted accountant Account 19

Ryan Lazanis

MAY 24, 2023

Here is my complete guide to emerging accounting technologies for 2023. In this guide, you’ll learn about the top accounting technology in the profession along with some tips and tricks on how to leverage them. So if you’re looking to leverage software to automate your accounting work, you’ll love this guide.

Technology 98

Technology accountant accounted Account 98

ThomsonReuters

JUNE 16, 2023

Is your firm running its gears on outdated accounting technology? In fact, a recent survey by Accounting Today found that half of the firms surveyed said they plan to boost their spending on technology in 2023. However, the survey also found that keeping up with changes in technology is among the top challenges facing firms.

Technology 98

Technology accountant accounted Account 98

CPA Practice

OCTOBER 25, 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.) 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

ThomsonReuters

AUGUST 16, 2022

For corporate tax departments, making the tax technology pitch for an automated solution is a relatively simple one. enabling easier technology transitions during mergers and acquisitions. For corporate tax departments, making the tax technology pitch for an automated solution is a relatively simple one.

corporation tax 97

corporation tax Technology Tax Maine 97

ThomsonReuters

JANUARY 28, 2025

Amidst the noise, lets separate the hype from reality and explore how GenAI can genuinely enhance an auditors daily life and work. Hype vs reality: GenAI use cases for auditors With its promise of immense benefits and time-savings, todays auditors would do well to explore the opportunities of embracing GenAI.

audit 52

audit auditor Technology financial statements 52

PYMNTS

JANUARY 2, 2020

The largest accounting firms – EY, Deloitte, KPMG and PwC – are investing billions of dollars in artificial intelligence (AI) and data technology products to change the industry in new ways, according to a report by Bloomberg Tax. We are a professional services firm, but technology is core to our future.”.

Technology 71

Technology auditor accounting and finance accounting standards 71

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. Transcript (Note: There may be typos due to automated transcription errors.)

Technology 98

Technology auditor audit CPA 98

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

ThomsonReuters

JANUARY 12, 2023

If you work in the professional services sector, you’re well aware of the rise of automation. For those of us in the tax and accounting profession, we’ve witnessed the amazing time savings and efficiency automation can bring—and audit is no exception. . The same holds true for audit technology. .

Technology 52

Technology audit auditor Tax 52

PYMNTS

AUGUST 12, 2020

Palette Software unveiled accounts payable (AP) automation technology that is designed for firms in the construction and engineering industries and run on the cloud, according to an announcement. Finance administrators and project managers both benefit from automation of the accounts payable process.

AP Automation 69

AP Automation Construction Technology accounts payable 69

CPA Practice

MARCH 4, 2024

Auditors, like so many others today, are seizing the opportunity to transform how they work by adopting artificial intelligence. The auditor’s human judgment sits at the center of the process, as they use AI to augment their work and elevate the value they can deliver to their clients. By Richard J.

auditor 69

auditor audit general ledger Technology 69

CPA Practice

OCTOBER 12, 2023

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. And we have a separate Technology Lab on data Snipper. But even cch access tax is going to get some a bot automation.

Technology 111

Technology quickbooks accounting and finance Legal 111

ThomsonReuters

APRIL 19, 2023

The accounting and audit profession is undergoing significant changes as a result of the rapid advancement of technology. While some have expressed concerns that automation may replace human auditors, the reality is that technology is here to enhance the profession rather than replace it.

audit 105

audit Technology auditor Start-ups 105

CPA Practice

FEBRUARY 23, 2024

Amid technological advancements, the audit professional’s role, characterized by a deep attention to detail, compliance and risk management, is proving to be vital well outside the traditional confines of finance. Auditors’ proficiency in validating data ensures the reliability and accuracy of financial information. By Nate Varel.

audit 114

audit auditor accounting and finance Technology 114

Going Concern

JULY 30, 2024

This, says KPMG US Vice Chair of Audit Scott Flynn, will empower the firm’s 9,000 auditors to deliver quality audits. Develop substantive testing procedures: Our AI assistant has direct access to our audit methodology, enabling auditors to design appropriate substantive testing procedures to respond to risks quicker.

audit 105

audit auditor Technology financial statements 105

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

OCTOBER 10, 2024

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs.

Real Estate 59

Real Estate accountant accounted Account 59

Airbase

JANUARY 11, 2023

In fact, the Wall Street Journal reports that more than 300,000 accountants and auditors quit over the last two years, and the effects of those losses can be significant. And, with those cobbled-together tech stacks, talented, well-qualified professionals end up having to do mundane tasks such as: Manually coding entries to the GL.

Technology 130

Technology Spend Management Platform accounting and finance Expense Reimbursements 130

Accounting Today

SEPTEMBER 17, 2024

The SEC alleges Kubient's two former execs and former audit committee chair artificially inflated the company's revenue and lied to auditors.

auditor 56

auditor Technology audit 56