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How to Turn a Shortage of Accountants Into an Opportunity for Businesses

CPA Practice

And today, I use my company’s own virtual credit card and spend management app to help control spending and close the books faster. Those salaries look all the more paltry when weighed against the cost of education necessary to become a CPA, and the rise in other living costs that weigh on recent graduates.

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KPIs to Prove Your Firm’s Value to Clients

CPA Practice

By Richard Corn, CPA. Spend & expense management solutions increase visibility into cash-flow, providing real-time data and identifying potential roadblocks before they happen. These solutions also help enforce budgets, which can further control spend and improve cash flow.

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GASB Issues New Guidance on Risk Disclosures

CPA Practice

Concentrations and constraints may limit a government’s ability to acquire resources or control spending. This would allow users to make informed decisions about these and to evaluate accountability.

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Friday Footnotes: Accounting AI Explodes; SOX Compliance Sux; KPMG Gets on a List | 6.17.22

Going Concern

VCs Target AI Accounting Startups as Companies Look to Control Spending in Uncertain Economy [ Wall Street Journal ] It’s finally happening! While accounting technology is moving fast, some firms are still moving slow: #TaxTwitter I just got a customer service request from a CPA firm via SNAIL MAIL.

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Expensify Offers Unlimited Virtual Cards for Business Spend Management

CPA Practice

Expensify’s new unlimited virtual cards are a game-changer, offering our members unprecedented control and flexibility. This latest innovation underscores our commitment to providing solutions that empower businesses to control spend,” said David Barrett, Founder and CEO of Expensify.

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Spend Management is the Next Focus for Client Accounting Services

CPA Practice

By comparison, modern spend & expense management solutions can provide proactive insights based on real-time data. Modern spend & expense management solutions allow companies to take advantage of all the rewards and services they are used to with personal credit cards in their business transactions.

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Is President Biden On the Right Track With His Billionaire and Business Tax Increase Plans?

CPA Practice

These proposed tax increases can risk economic growth, make the tax code more complicated, and expand government spending. We must stop increasing taxes and instead cut out-of-control spending. The national debt has grown by over $6 trillion since Biden took office.