CPA Practice

NOVEMBER 19, 2024

Julie Bell Lindsay “We continue to hear from investors that they would like more information—not boilerplate disclosures—around audit committees’ important responsibilities and processes,” CAQ CEO Julie Bell Lindsay said in a statement. 60% of S&P 500 boards disclosed they have a cybersecurity expert compared with 51% in 2023.

audit 111

audit auditor Government 111

Acterys

OCTOBER 20, 2024

To help you succeed, we’ve put together a list of FP&A reporting essentials to quickly analyze financial data, create financial reports, and distribute that information among stakeholders. The report typically includes information such as total revenue, revenue by product or service, total expenses and expenses by category.

financial statements 130

financial statements accounting and finance accounting standards Sales 130

TaxConnex

MARCH 13, 2025

By having clearer insights into the sales tax implications of new markets, product expansions, or pricing changes, companies can make more informed and strategic business decisions. Data Protection In an era where data security is paramount, businesses are placing a high priority on protecting sensitive tax-related information.

Sales 147

Sales Tax Education Finance 147

Withum

NOVEMBER 5, 2024

How We Can Help At Withum, our Cyber and Information Security Services Team is led by experienced professionals and equipped to assist businesses in fortifying their cybersecurity posture. By taking proactive steps and partnering with a trusted cybersecurity advisor, you can better protect your business and its critical assets.

accounting software 130

accounting software Construction accounted Account 130

RogerRossmeisl

JANUARY 14, 2024

Treasury Department’s Financial Crimes Enforcement Network (FinCEN) providing specified information regarding the entity’s “beneficial owners” (the so-called BOI reporting requirement under the Corporate Transparency Act). Entities in existence prior to January 1, 2024, have until January 1, 2025, to file these reports.

CPA 262

CPA Start-ups Government Tax 262

Going Concern

JANUARY 9, 2025

We believe that providing transparency about our work and the health of our audit practice, including many of the factors we consider in evaluating how we are measuring up to our quality expectations, is important, which is why we publish detailed information in our Audit Quality Report2 (AQR). So same as PwC. This is common sense.

audit 125

audit auditor Education accounting firms 125

ThomsonReuters

OCTOBER 11, 2024

From navigating burnout to optimizing your workflow and minimizing risk, our resources are designed to help you stay informed, efficient, and effective. These resources are intended to help you with: Staying informed with the latest tax updates. Tax laws and regulations are constantly evolving.

Tax 95

Tax accounted Account accountant 95

CPA Practice

NOVEMBER 7, 2024

7 released financial information and highlighted selected accomplishments and challenges in its fiscal year 2024 Financial Report. The IRS reached a major milestone in fiscal year 2024 by resolving a longstanding significant deficiency in information system controls after 11 years. The IRS on Nov.

accounting principles 115

accounting principles financial statements Government Tax 115

ThomsonReuters

DECEMBER 10, 2024

By requiring businesses to disclose beneficial ownership information, the CTA seeks to combat financial crimes such as money laundering and tax evasion. However, tax and accounting professionals should continue to prepare their clients by gathering necessary ownership information and advising on potential future compliance.

Tax 98

Tax Account accounted accountant 98

Acterys

DECEMBER 19, 2024

This is where workforce analysis becomes a game-changer transforming vague assumptions into informed decisions. Errors such as outdated employee records, missing information on skill sets, and unverified turnover statistics can undermine the reliability of your workforce analysis.

payroll 130

payroll Gaming 130

ThomsonReuters

DECEMBER 10, 2024

Predictive AI Predictive AI, which many firms already use, focuses on analyzing historical data to make forecasts and inform decisions. Access and integrate multiple data source: Agentic AI can pull information from various databases, tax codes, and real-time financial data to inform its actions.

audit 91

audit Tax Technology tax return 91

ThomsonReuters

DECEMBER 10, 2024

Predictive AI Predictive AI, which many firms already use, focuses on analyzing historical data to make forecasts and inform decisions. Access and integrate multiple data source: Agentic AI can pull information from various databases, tax codes, and real-time financial data to inform its actions.

audit 97

audit Tax Technology tax return 97

TaxConnex

JUNE 11, 2024

After registering, allow about 15 days for states to mail you the state’s registration number and reporting information. The states will use this information to determine how frequently you will need to file. You also need to know which types of taxes you’ll be liable for.

Sales 264

Sales Tax North Dakota Nebraska 264

RogerRossmeisl

JULY 22, 2024

Fraudsters and identity thieves attempt to trick the recipient into clicking a suspicious link, filling out personal and financial information or downloading a malware file onto their computer. Scammers are relentless in their attempts to obtain sensitive financial and personal information, and impersonating the IRS remains a favorite tactic.

CPA 264

CPA cpa firm business tax Tax 264

RogerRossmeisl

SEPTEMBER 4, 2023

This new requirement follows final regulations amending e-filing rules for information returns, including Forms 8300. Although many cash transactions are legitimate, information reported on Forms 8300 can help combat those who evade taxes, profit from the drug trade, engage in terrorist financing or conduct other criminal activities.

CPA 278

CPA Government Finance Tax 278

CPA Practice

NOVEMBER 11, 2024

When the PCAOB’s Division of Enforcement and Investigations attempted to investigate those violations, JTC Fair Song failed to cooperate with the investigation, refusing to produce documents and information in response to formal demands, the board said.

audit 111

audit cpa firm auditor public accounting 111

CPA Practice

NOVEMBER 27, 2024

Getting things right the first time Errors in data collection or repeated information requests can derail CX and disrupt compliance. This can be avoided by implementing the right software and processes in the onboarding of customer information.

Tax 116

Tax Technology Retail audit 116

TaxConnex

FEBRUARY 13, 2025

Residents of the Navajo Nation, all surrounding states and visitors can find more information on this and other Navajo tax law on the Navajo Tax Commission website. (The money flowed back to the 110 local Navajo Nation chapters to develop community wellness projects.) Sales tax is never one-size-fits-all.

Sales 213

Sales Tax Wisconsin Oklahoma 213

MyIRSRelief

OCTOBER 11, 2024

Here’s a detailed look at what personal tax preparation entails: Gathering Financial Information: The first step in personal tax preparation is gathering all necessary financial documents. Filing the Return: Once all information is gathered and deductions and credits are identified, the Enrolled Agent will prepare and file the tax return.

tax services 130

tax services payroll tax Tax tax preparation 130

ThomsonReuters

MARCH 3, 2025

Agentic AI in action: Practical use cases for accountants Unlike traditional AI, which is typically reactive and limited to predefined tasks (such as rule-based automation or predictive analytics ), agentic AI can dynamically adapt to changing circumstances, proactively seek information, and refine its outputs without constant human intervention.

Tax 93

Tax Account accounted accountant 93

CPA Practice

NOVEMBER 15, 2024

I’m not I read their privacy policy, and it didn’t seem to have a whole lot in there, other than some marketing of non personal, non personal information. Now they have tools for collecting information, including a smart, dynamic questionnaire that, again, will convert uploads to PDF and and go through and put all this information together.

Technology 111

Technology accounted Account accountant 111

RogerRossmeisl

JANUARY 1, 2024

New webpage: The new webpage provides information on the advantages of participating in the program, who can apply, how to apply, as well as next steps. FAQs: The FAQs provide detailed information on eligibility, the program process, calculating and. The program runs through March 22, 2024.

CPA 261

CPA Tax cpa firm business tax 261

Acterys

JANUARY 8, 2025

Increasing Data Complexity Companies use financial information from more data sources than ever, adding many new pressures. Without real-time access to financial data, organizations struggle to make timely, informed decisions. One culprit and the solution come in the same type of packaging: cloud-based software.

Technology 130

Technology accounting and finance Finance accounting software 130

Summit CPA

OCTOBER 10, 2024

The majority of returns with incorrect information are due to mistakes rather that fraud. Information concealed during an audit. Do not withhold information from an auditor intentionally. Hiding information from an auditor may create a fraudulent situation. It’s stressful enough just going through a tax audit.

auditor 93

auditor audit tax return Tax 93

GrowthForceBlog

JANUARY 16, 2025

8 min read January 16th, 2024 As CFO, you hold a wealth of financial information, and it's up to you (and the executive team) to determine how much of your business's financial information you want to share with the rest of the company, and it's best not to hold all of your cards too close.

accounting and finance 96

accounting and finance financial accounting Finance Account 96

CPA Practice

NOVEMBER 12, 2024

This FREE online webinar is a continuation of CPA Practice Advisor ’s mission to provide unbiased, independent information on technologies available to practicing public accountants and tax professionals. For more information regarding administrative policies please contact Isaac O’Bannon at isaac.obannon@cpapracticeadvisor.com.

Technology 126

Technology Sales Indiana Tax 126

CPA Practice

NOVEMBER 24, 2024

She is also a member of the exclusive Intuit Trainer/Writer Network and the co-host of the QB ‘Appy Hour with Liz and Heather, a fun and informative webinar series that showcases the latest technology trends and best practices. Gail is a member of the AICPA’s PFS Credential Committee.

Indiana 98

Indiana CPA Education Illinois 98

ThomsonReuters

FEBRUARY 4, 2025

Key areas where AI enhances tax services in large firms AI’s impact goes beyond simple automation — it’s changing how firms handle complex tax information. This is particularly evident in multi-jurisdictional work, helping professionals navigate tax information with ease.

accounting firms 98

accounting firms Tax Account accounted 98

AccountingDepartment

MARCH 20, 2025

Many businesses find themselves in a position where their bookkeeping is well-managed, but they lack the high-level financial insights necessary to make informed decisions. As companies grow, financial complexity increases and the need for accurate financial oversight becomes critical.

bookkeeping 105

bookkeeping bookkeeping services accountant accounted 105

Airbase

AUGUST 11, 2023

Because a continuous close provides up-to-date data, financial information reflects what’s actually happening more accurately, instead of what happened last month The power of real-time data. In order to make informed decisions, executives need up-to-date information. The move to more remote workforces also plays a role.

Technology 244

Technology accounting and finance NetSuite Finance 244