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Mastering the art and science of exceptional client service

ThomsonReuters

Rather than simply completing tax returns or financial statements, accountants are proactively engaging with clients throughout the year, offering strategic guidance on tax planning, financial management, and business growth strategies. Improved compliance and risk management.

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How do you audit crypto? It starts with understanding how to report on it.  

ThomsonReuters

This update provides guidance for financial statement reporting, effective for fiscal years beginning after December 15, 2024, requiring crypto assets to be measured at fair value, with changes recognized in net income each reporting period. Testing completeness of crypto transaction records by reconciling on-chain and off-chain data.

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The tortured journey of data: How tax technology speeds up tax compliance, provision, and reporting

ThomsonReuters

One of the biggest challenges facing the the tax profession today is the increasing amount of data that must be processed to prepare financial statements. By visualizing tax data in real-time with intuitive dashboards , practitioners can optimize tax planning, mitigate risks, and enhance overall tax management.