The influence of AI-driven automation on accounting
Accounting Today
MARCH 14, 2025
The accounting profession, long regarded as a meticulous and data-driven field, is undergoing a significant transformation.
Accounting Today
MARCH 14, 2025
The accounting profession, long regarded as a meticulous and data-driven field, is undergoing a significant transformation.
Summit CPA
MARCH 13, 2025
When is the best time to fix the leak in your roof? Before the storm shows up, right? The same is true of your business. Your business needs a Chief Financial Officer before the figurative storm. And to check for that incoming bad weather, you need an accurate forecast. This is exactly what an outsourced CFO service (or a virtual CFO ) provides for your business.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Mark Lee
MARCH 11, 2025
Before I share my list of seven beliefs, let me explain what led me to this position. Most accountants who contact me are struggling in some way – even those who have achieved a degree of success. Their challenges vary, but I often find myself congratulating them for taking the first step towards change. I wish it wasn’t the case, but I know that for some, booking a call with me takes a degree of confidence and courage.
Accounting Today
MARCH 12, 2025
The Securities and Exchange Commission dramatically pulled back on accounting and auditing enforcement last year after two years in a row of increases.
Advertisement
Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.
CPA Practice
MARCH 12, 2025
Bloomberg Tax & Accounting announced March 10 the launch of two new generative AI-powered features that simplify tax researchBloomberg Tax Answers and AI Assistantnow available within the Bloomberg Tax platform at no additional charge.
Accounting Today
MARCH 13, 2025
The latest data on the number of students studying accounting, new state tax rates for 2025 and other major metrics.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
LSLCPAs
MARCH 13, 2025
Its that time of year when we remind you to make any final contributions to your prior year IRA, Roth, or HSA accounts. These contributions are due by April 15, 2025, the first due date of personal tax returns. Due to fire disaster relief for Los Angeles, if you are a resident of LA County. The post IRA & HSA Contribution Deadlines: Dont Miss These Time-Sensitive Opportunities appeared first on LSL CPAs.
Anders CPA
MARCH 12, 2025
The landscape for digital agencies has shifted. Over the last twenty years, theres been a downward pressure on profit margins. People want to get paid more, clients want to pay less, and (thank goodness) the 80-hour work week is a thing of the past. To protect margins, marketing agencies develop complex billing and staffing models: full-time employees and freelancers working together on the same projects.
Accounting Today
MARCH 13, 2025
Accounting jobs that allow employees to work remotely may be disappearing as more employers demand people return to the office.
TaxConnex
MARCH 13, 2025
The sales tax landscape is constantly evolving, and businesses must adapt to keep pace. But tax laws aren't the only things changingbusinesses themselves are growing, diversifying, and seeking new ways to streamline their operations. According to our latest survey of over 100 finance professionals, 85% of businesses are at least somewhat likely to adjust how they manage sales tax in 2025, with 47% being very likely to make changes.
Speaker: Anna Tiomina, MBA
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
Going Concern
MARCH 10, 2025
KPMG thinks it’ll save money, open up new opportunities, and be better equipped to make widespread technology investments by consolidating local firms in its international network. In May of 2024, KPMG announced that KPMGs UK and Switzerland would merge to form a $4.4 billion MechaKPMG. Said KPMG UK chief executive Jon Holt at the time, “This marks a historic moment for both firms.
BurklandAssociates
MARCH 11, 2025
Q2 tax deadlines are coming fast. Stay ahead of key filings, avoid penalties, and keep your startup on track with this essential guide. The post Key Q2 2025 Tax Deadlines for Startups appeared first on Burkland.
VJM Global
MARCH 10, 2025
Held by Honble High Court of Kerala In the matter of Joint Commissioner (Intelligence and Enforcement) vs. M/s Lakshmi Mobile Accessories (W.A.NO.258 OF 2025) The Assessee received consolidated Show Cause Notice under Section 74 of CGST Act for FY 2017-18 to 2023-24. The Assessee challenged such SCN in the writ petitioner wherein it was held that the department is required to issue separate SCN for every assessment year.
ThomsonReuters
MARCH 10, 2025
Blog home Ronan Le Gall , along with his colleagues Tim Carpenter , partner and principal at EY who leads the indirect tax technology practice for the Americas , and Vanessa Grazziotin Dexheimer , Senior Manager at EY in indirect tax and global VAT were discussing the power of clean data as an end-to-end solution for indirect direct tax processes at the Thomson Reuters Synergy Conference.
Speaker: Joe Wroblewski, Senior Sales Engineer
Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!
Going Concern
MARCH 13, 2025
Cornerstone Research has put out their SEC Accounting and Auditing Enforcement ActivityYear in Review: FY 2024 report [ PDF ] and then they put out a press release highlighting the important parts so we don’t have to spend all day reading it. Cheers. The U.S. Securities and Exchange Commission (SEC) drastically reduced its accounting and auditing enforcement activity in fiscal year 2024, the final year of Gary Gensler’s administration, ending two consecutive years of annual increases
Withum
MARCH 13, 2025
In part one of our Unlocking Value in M&A series, we discussed how achieving synergies begins with identifying and classifying synergies, whether they manifest as cost savings through operational efficiencies or revenue growth from market expansion and cross-selling opportunities. A clear understanding of these synergies allows organizations to set realistic goals, prioritize initiatives, and align resources to focus on high-impact opportunities.
Basis 365
MARCH 9, 2025
As your business grows, so does the complexity of your financial operations, making it essential to have a skilled controller overseeing your financial reporting, cash flow, and internal controls. But is it better to create a position in-house or hire fractional controller services ? Each option has distinct benefits and drawbacks, depending on your companys size, budget, and financial needs.
Xero
MARCH 10, 2025
A year ago, we shared our vision to reimagine accounting using AI and mobile , recognizing the transformative potential for small businesses and the industry. As part of delivering on that vision, we launched Just Ask Xero (JAX), our smart and reliable generative-AI business companion, to make accounting tasks easier and save you time through simple conversation within everyday apps.
Speaker: Melissa Hurrington
Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.
Accounting Today
MARCH 11, 2025
Rep. Steve Cohen has re-introduced a bill that would give the IRS the authority to set and enforce standards for tax pros.
Withum
MARCH 13, 2025
How a Not-for-Profit Organization Aligned Risk Strategy with its Mission for Greater Impact. Executive Summary A global not-for-profit organization dedicated to advancing philanthropy and social impact recognized the need to enhance its Enterprise Risk Management (ERM) framework to support its global expansion and long-term sustainability. The organization aimed to strengthen risk oversight, improve governance and reinforce stakeholder confidence to meet growing donor expectations and regulatory
CPA Practice
MARCH 12, 2025
Going without income as a result of unemployment creates financial stress, but there are ways to make it a little bit easier.
Xero
MARCH 10, 2025
Its been a massive start to 2025! In February , we shared enhancements weve made to invoicing. We also heard your feedback, and so now you can automatically prepare partnership annual accounts and tax returns using Xero data and seamlessly file them with HMRC (read more in the previous edition of Whats New). Check out more in our quarterly wrap video below.
Speaker: Yohan Lobo
In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.
ThomsonReuters
MARCH 10, 2025
Blog home For large companies operating in a digitalized global economy, indirect tax compliance has evolved from an arduous manual task to a largely hands-off process performed by sophisticated tax technologies that execute most tax functionsdata gathering, computation, reconciliation, invoicing, reporting, filing, etc.automatically and in close to real time.
Accounting Today
MARCH 11, 2025
The total lifetime tax amount in the highest-paying state is $755,493.
CPA Practice
MARCH 12, 2025
The Minnesota state senate has moved one step closer toward possibly enacting a bill that would provide alternate methods of obtaining the CPA credential.
Accounting Insight
MARCH 13, 2025
CAS 360 is a comprehensive company secretarial and AML management software that allows clients to electronically prepare and file company registration forms with Companies House while generating supporting documents to meet legislative requirements. The software streamlines compliance by automating the preparation of forms, minutes, resolutions, registers, and documents required for the Annual Confirmation Statement and common company changes.
Advertisement
Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.
Going Concern
MARCH 13, 2025
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. Sign up now to view the complete candidate list and connect with potential hires.
Accounting Today
MARCH 13, 2025
Family plot; past and present; fat chance; and other highlights of recent tax cases.
CPA Practice
MARCH 10, 2025
Total retail sales, excluding automobiles and gasoline, were down 0.22% seasonally adjusted month over month but up 3.38% unadjusted.
AccountingDepartment
MARCH 13, 2025
In the constantly changing world of business, a single approach seldom suits everyone. This is especially applicable to financial management. Whether you're an emerging startup or a well-established company, maintaining a strong understanding of your finances is essential.
Advertisement
Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.
Let's personalize your content