CPA Practice

FEBRUARY 13, 2023

Influencer Marketing Hub replies with, “One of the biggest benefits of AI marketing technology is it can automate data-based decisions in an instant. Automating repetitive tasks, such as email drip campaigns, survey analysis, reporting, answering common questions, and more. Why Use an AI Marketing Tool?

Account 140

Account accountant accounted international accounting standards 140

CPA Practice

FEBRUARY 27, 2024

By Amrita Choudhary, Kiplinger Consumer News Service (TNS) In recent years, lease accounting standard ASC 842 has replaced the ASC 840 standard. All companies—whether big or small, public or private—have to implement this new accounting standard. Automating invoice reconciliation.

Account 52

Account accountant accounted accounting standards 52

CPA Practice

MAY 29, 2024

Additionally, time constraints and data security concerns add to the complexity of accounting processes, creating additional hurdles for firms to navigate. Companies can overcome these hurdles by investing in the right resources and leveraging cutting-edge technology.

Account 52

Account accountant accounted Technology 52

CPA Practice

JANUARY 10, 2024

LeaseCrunch LLC , a lease accounting and lease management software provider, has announced a major growth investment from Aquiline Capital Partners LP, a private investment specialist with $10 billion in assets under management that invests across financial services and related technologies.

cpa firm 52

cpa firm CPA accounting standards Technology 52

ThomsonReuters

APRIL 5, 2024

Lastly, interim tax reporting is crucial for complying with accounting standards and regulatory requirements such as FASB Accounting Standards Codification 740-270 Income Taxes (ASC 740). Stay informed and seek professional guidance: Keep abreast of the latest developments in tax regulations and accounting standards.

Tax 68

Tax income tax financial statements accounting standards 68

CPA Practice

JULY 27, 2023

A Top Technology Initiative Article – August 2023, With so much coverage of Artificial Intelligence (AI), ChatGPT, and many trying to be “the expert,” I thought it was past time to turn to help you with your AI strategy. How can AI make you a more effective and efficient accountant? What’s a strategy to get that job done?

Technology 98

Technology audit Education accounting and finance 98

PYMNTS

DECEMBER 16, 2016

In a survey conducted by the Institute of Management Accountants (IMA), and sponsored by Blackline, titled “Process Automation in Accounting and Finance,” examining the attitudes and concerns of 750 financial professionals surrounding accounting and month-end closing processes, manual activities remain prevalent — at the cost of time and money.

Technology 74

Technology accounting and finance accounting standards accounting software 74

Going Concern

JANUARY 25, 2023

When Thomson Reuters reported late last year that the Financial Accounting Standards Board (FASB) had proposed an eighth round of changes to lease accounting rules 1 , accounting and finance execs around the country channeled their inner Charlie Browns with a collective, “Good grief!”

Account 102

Account accountant accounted Real Estate 102

Going Concern

JANUARY 20, 2023

“If you just read the headlines around what’s going on, you might think, there’s all kinds of people who know technology out there,” Carmine Di Sibio told Bloomberg in an interview at the World Economic Forum in Davos. But that doesn’t appear to be the case. appeared first on Going Concern.

auditor 94

auditor Technology audit financial statements 94

ThomsonReuters

JANUARY 18, 2024

Accounting professionals are the financial backbone of a company and, in today’s complex environment, they are increasingly providing clients with strategic and forward-looking guidance. In fact, more boards and audit committees are, or will be, looking for accountants who understand AI ’ s potential and limitations. Enter CAS 2.0.

Account 59

Account accountant accounted tax preparation 59

CPA Practice

AUGUST 22, 2023

The advanced reasoning capabilities of GenAI models enable billing teams to automate matching between documents (Order Form / Purchase Order) and/or document against system data (Salesforce CPQ fields / Purchase Order). GenAI thus allows revenue accounting teams to achieve a higher level of comfort with their financial statements.

Account 98

Account accountant accounted NetSuite 98

ThomsonReuters

APRIL 18, 2023

The accounting profession has faced a profound shift in recent years: from significant regulatory changes to an influx of innovative technologies, to reimagined business models, to an increase in client expectations. The lease accounting standard became effective in 2019 for public companies.

Account 52

Account accountant accounted Technology 52

Ryan Lazanis

APRIL 18, 2023

How to Get Started With Accounting Intelligence How AI Was Used to Write This Article What is AI in Accounting? AI in accounting refers to the use of artificial intelligence (AI) technologies, such as machine learning algorithms and natural language processing, to automate and enhance various accounting processes.

Account 96

Account accountant accounted Technology 96

Withum

AUGUST 21, 2023

In today’s rapidly evolving financial landscape, technology continues to reshape how we conduct transactions and manage assets. As tokenization gains momentum, the role of accounting and audits becomes increasingly vital in ensuring transparency, accountability, and trust in these emerging technologies.

accounting and finance 52

accounting and finance audit Finance accounting principles 52

CPA Practice

MARCH 21, 2023

LeaseCrunch LLC , a maker of lease accounting technologies, has nearly doubled its team as the company achieves record growth. LeaseCrunch now supports over 500 CPA firms (including 43% of the top 400 CPA firms as ranked by Inside Public Accounting ) and 15,000 companies across the nation on its lease accounting software.

cpa firm 52

cpa firm Technology CPA accounting standards 52

ThomsonReuters

APRIL 6, 2023

When accounts payable and accounts receivable are in balance, a business can plan ahead for growth. If out of balance, immediate attention is needed to regain financial wellbeing. As an accountant, your clients depend on you to help manage their finances.

accounts payable 52

accounts payable Account accountant accounted 52

Going Concern

MAY 27, 2022

Exclusive: KPMG to hire 3,500 tech workers to staff newly launched digital products business [ City A.M. KPMG today launched a new digital solutions business which is set to see the firm more than double the size of its 3,000 strong technology focused workforce by hiring 3,500 new data scientists and engineers.

auditor 94

auditor audit accounting standards Technology 94

Cherry Bekaert

MAY 3, 2024

She suggests that accounting firms not only seek out diverse candidates who are looking for work but also start conversations at the college and even high school level in more diversely populated areas. Focus on Soft Skills and Continuous Professional Development As technological improvements and advances in automation (i.e.,

accounting and finance 105

accounting and finance Finance Account accountant 105

Cherry Bekaert

APRIL 10, 2023

From managing day-to-day financial information and transactions to providing strategic insights to decision-makers, accounting professionals have their hands full with a wide range of responsibilities. Additionally, technology can improve collaboration, automate routine tasks and provide real-time access to financial data.

Account 71

Account accountant accounted Technology 71

ThomsonReuters

JANUARY 12, 2023

In addition to helping businesses and individuals follow the required accounting standards and tax laws, accountants are increasingly capitalizing on new ways to utilize their knowledge and experience to make a positive impact on the clients they serve. . Are there different types of auditing in accounting?

audit 59

audit auditor Account accountant 59

Accounting Insight

APRIL 25, 2023

As someone working in the accounting industry , I know first hand how important it is to keep your finger on the pulse and stay up to date with the latest accounting standards, regulations, and best practices. With the fast-paced nature of the industry and ever-evolving technology, it can be a challenge.

Account 109

Account accountant accounted Technology 109

Shay CPA

JANUARY 31, 2024

Whether you want to optimize your accounting to realize more tax savings this year or you just want to avoid unwelcome surprises, we can help. Our team of accountants has some recommendations for your tech startup. Use these three tips to stay on top of your accounting and ahead of upcoming changes in 2024.

quickbooks 52

quickbooks Account accountant accounted 52

CPA Practice

NOVEMBER 6, 2023

Carter, Texas Tech University Angelica G. Jefferson, Virginia Commonwealth University DMyrian Frederick, Virginia Tech Isaac L. The 2023–24 Minority Doctoral Fellowship recipients and the universities they are attending are as follows: Allison A. Castro Cardenas, University of Texas at El Paso Asabé A. That rate eclipses the 4.2%

Texas 115

Texas Georgia accounting and finance Virginia 115

PYMNTS

SEPTEMBER 21, 2017

Gappify is the latest company to roll out business accounting-related chatbot technology. 20) that it has launched Alan, chatbot technology designed to assist business accountants. The company announced news on Wednesday (Sept.

corporate accounting 45

corporate accounting Technology Account accountant 45

CPA Practice

APRIL 27, 2023

FASB Names Three New Members to Its Investor Advisory Committee The Financial Accounting Standards Board (FASB) recently announced the appointment of three new members to its Investor Advisory Committee (IAC). It advises the FASB on broad topics on the FASB’s agenda, emerging trends, and other areas of interest to investors.

Real Estate 52

Real Estate Entertainment accounting and finance accounting firms 52

Going Concern

FEBRUARY 2, 2024

Advocates file FTC complaint against Deloitte over Medicaid eligibility software errors [ Texas Standard ] At least 90,000 Texans were wrongfully removed from Medicaid coverage because of unidentified system glitches last year, though the state was able to restore their care when the problem was identified.

audit 107

audit Tax Texas Massachusetts 107

MineralTree

MARCH 7, 2024

But the right accounts payable (AP) automation solution can help bridge the gap for a smooth migration process, ensuring data accuracy and consistency—and an overall more efficient AP process. It boasts more advanced reporting capabilities, increased customization, and automation features that QuickBooks lacks.

quickbooks 52

quickbooks AP Processes AP Automation Technology 52

Accounting Seed

MARCH 17, 2022

The foreign currency accounting standard guides how you must do this. Accounting for Foreign Exchange. centric — no overseas customers, employees or vendors — foreign exchange accounting isn’t anything you have to worry about. GAAP Rules for Foreign Exchange Accounting. Automated is Easier.

Account 59

Account accountant accounted accounting principles 59

Going Concern

FEBRUARY 17, 2023

The global accounting firm confirmed Wednesday that when its lease is up in November it will move from the Flats to North Point Tower office complex at the corner of East Ninth Street and Lakeside Avenue, across the street from City Hall. He has particular sector knowledge in natural resources, manufacturing, and private equity.

Legal 96

Legal audit auditor South Carolina 96

CPA Practice

APRIL 26, 2023

Technology – and how we access it – changes rapidly. To ensure that financial reporting is accurate and transparent, accounting needs to keep up. Without a standard accounting method, such committed future liabilities and their related intangible assets are not included on financial statements. By Ane Ohm.

accounting principles 76

accounting principles New Jersey Government financial statements 76

Withum

JULY 11, 2023

By adopting new technologies, mining companies can enhance transparency, improve data quality and minimize greenwashing. Automation has become a cornerstone of mining operations, enhancing productivity, safety and operational performance. Below is a summary of some sustainability reporting standards mining companies will be subject to.

international accounting standards 40

international accounting standards Technology audit accounting standards 40

Going Concern

MARCH 8, 2024

Top Remote Accounting Candidates: February 29, 2024 Opinion The specter of ‘Uberification’ looms over audit [ Accounting Today Voices ] Blake Oliver writes for AT’s opinion column: As technologies reshape industries, we wonder if disruptive startups could come between CPAs and our clients one day.

audit 75

audit auditor New York Legal 75

PYMNTS

NOVEMBER 8, 2019

Since founding the company in 2015, we have managed to automate 60 percent of the processes by using technology, and we enjoy popularity from our customers and the continued support from our investors.” The company said that the new funding will be used to bring that automation percentage to 80 percent over the near term.

B2B 40

B2B Technology accounting standards accounting software 40

Going Concern

AUGUST 25, 2023

News US Accounting Board Looks Across the Ocean to Fill Hole in Rules [ Bloomberg Tax ] The flood of government aid that helped keep companies afloat during the coronavirus pandemic exposed a hole in US accounting rules: Businesses have no way to record the grants, loans, and tax breaks that bolstered their bottom lines.

tax preparation 92

tax preparation CPA payroll tax Illinois 92

PYMNTS

AUGUST 27, 2019

The Certified Personal Accountant (CPA) today now has a plethora of FinTech solutions they can use to manage their clients’ money, with the number of digital tools — including cloud accounting portals, cash flow forecasting solutions and intelligent technologies like artificial intelligence (AI) — continuing to rise.

cpas 60

cpas CPA Technology accounting standards 60

Going Concern

MAY 12, 2023

Talent Why Graduates Aren’t Hot on Accounting Careers: Low Starting Pay, Onerous Testing [ Wall Street Journal ] For Connor Verrett, an economics major and entrepreneurship minor at Washington & Lee University who expects to graduate this month, that roadblock was among the factors he considered in eschewing an accounting career. “It

CPA 108

CPA Account accountant accounted 108

PYMNTS

MARCH 7, 2016

Much has been made about the use of technology between businesses paying other businesses and the way software can boost sales in the field and invoice management. Though it may garner less press, there’s another niche within Software-as-a-Service that has potential for flexible technology and one that belongs to the chief financial officer.

Technology 40

Technology international accounting standards accounting and finance Finance 40