CPA Practice

MARCH 21, 2023

How to leverage AI in your marketing operations AI-augmented marketing can help your firm automate mundane tasks and streamline workflows. While I don’t recommend letting AI write your content from start to finish, it can speed up the process. Here are some key strategies your firm can use to leverage AI in its marketing operations.

Start-ups 119

Start-ups accounting firms Account accountant 119

ThomsonReuters

OCTOBER 11, 2023

Until technology began to catch up, payroll was primarily a manual process through the first half of the 20 th century. RPA (robotic process automation), and everything in that light.” He explained that staying on top of the more “copiloted” decisions was a competitive advantage to larger businesses, “[but A.I.]

payroll 116

payroll Technology audit Legal 116

Ryan Lazanis

FEBRUARY 14, 2023

SEO, or Search Engine Optimization, is the process of optimizing your website to show up favorably in Google’s search results when a user types in certain search terms in their search engine. Google is a business: They want to make sure their users quickly get the high-quality and relevant information they’re seeking.

Account 97

Account accountant accounted accounting firms 97

ThomsonReuters

NOVEMBER 8, 2022

But how do you take full advantage of technology to streamline accounting processes? . The answer lies in implementing an end-to-end tax workflow automation solution backed by an integrated technology ecosystem. Assess your current processes and tech stack. Here’s how to start: Document your processes. The result?

Technology 105

Technology Account accountant accounted 105

Withum

FEBRUARY 9, 2023

In my last blog, I presented some best practices around Admin roles that can be used to target Microsoft […] Learn More Your Guide to Power Platform Licensing A comprehensive guide to understand the Power Platform licensing and making it more approachable.

Sales 52

Sales 52

ThomsonReuters

JANUARY 4, 2024

Jump to: Utilize short-term staffing solutions Incorporate AI and automation into your workflow Become a strategic advisor As accounting firms usher in 2024, it’s important to take a fresh look at the business landscape — both its challenges and its opportunities — to best prepare for the year ahead.

tax planning 78

tax planning Tax Technology tax return 78

ThomsonReuters

JUNE 28, 2023

Many businesses don’t even know where to start. Governance risks include financial reporting , fraud prevention, executive pay transparency, and overall business dealings of the company. Accountants and auditors have an expanding role to play in determining the integrity of a company’s disclosure of ESG topics.

Tax 98

Tax auditor audit Technology 98

Ryan Lazanis

APRIL 10, 2022

Automation is Front & Center. Emerging Business Models in Accounting. 1) Automation & Accounting Technology is Accelerating. It’s clear that one must stay current with trends in automation in order to stay relevant as the future of the accounting profession evolves. Future of Accounting Table of Contents.

Account 111

Account accountant accounted Technology 111

Xero

SEPTEMBER 8, 2022

Add in the potential challenges that businesses might have incorporating these offerings in the future, it’s no surprise that there are more questions than answers among our community. Enhanced security and more automation of processes along the value chain are just some of the benefits that blockchain technology can bring to modern business.

Technology 96

Technology accounting and finance bookkeeping audit 96

Ryan Lazanis

APRIL 4, 2022

Do you want to know how to start a bookkeeping business or accounting firm in 2022? In fact, these are the very steps that I followed to help take my heavily bookkeeping-focused accounting business from scratch to sale in only 5 years. In this guide, you’ll learn: How to set up a strategic business plan. Table of Contents.

bookkeeping 98

bookkeeping bookkeeping services accounting firms Technology 98

ThomsonReuters

JULY 8, 2021

The good news is technology can now support consistent, accurate, automated global reporting and alleviate local issues related to language translation and country-specific tax rules, document formats and filing requirements, and generally accepted accounting principles. _. For TMF, he said, expanding the menu this way started with strategy.

Technology 98

Technology accounting and finance general ledger accounting principles 98

ThomsonReuters

MAY 12, 2023

From leveraging automation and artificial intelligence to recruiting and retaining top talent, CPA firms must find innovative solutions in order to stay competitive. The emergence of digital technology has changed the way that CPAs do business — but this shift also presents both challenges and opportunities for firms to explore.

cpa firm 52

cpa firm CPA Technology cpas 52

inDinero Accounting

DECEMBER 13, 2021

Running your own business can be rewarding, but it also requires a wide range of skills. One of the most critical aspects of running your own business is accounting. Unfortunately, not every business owner has the energy or knowledge to decide between cash vs. accrual or Netsuite vs. Quickbooks. Credit: Lukas Blazek.

NetSuite 104

NetSuite accounting software quickbooks Account 104

Snyder

MARCH 20, 2023

The sales cycle can be a lengthy process that involves generating leads, nurturing them, and finally closing the sale. According to the research by Klipfolio, it takes about 75% of businesses at least four months to complete their sales cycle. But what if you could speed up the process? You’re not alone.

B2B 52

B2B Sales Technology Education 52

ThomsonReuters

MAY 27, 2022

Businesses participating in import and export trading may find themselves swirling in a storm of global regulatory changes. Forced labor has become one of the most talked-about topics in the global trade space today. Business partners and customers must be verified against restricted party or embargoed countries lists.

Technology 93

Technology audit Virginia Manufacturing 93

Withum

APRIL 11, 2023

to GPT-4 , which we’ll take a further look into later in this blog. By the end of this blog, you will have a better understanding of the role that OpenAI and Microsoft are playing in shaping the future of AI. Robotics is yet another application of AI, which uses machines to automate tasks and perform physical actions in the real world.

Technology 98

Technology E-commerce Healthcare Education 98

ThomsonReuters

JANUARY 29, 2024

Jump to: The big picture Why this issue matters Understanding ESG auditing The big picture Climate change can be a tricky topic to discuss, but there’s no doubt that a great many businesses are having to discuss and account for climate risk. based companies doing business overseas will have to pay close attention to climate risk.

audit 52

audit Technology Government auditor 52

Reckon

JULY 24, 2023

The scope for you to offer advisory services that align with your bookkeeping business has evolved significantly. Bookkeepers are often well-suited to undertake these critical advisory services due to familiarity with business processes, expertise in accounting software, and your comprehensive understanding of your clients’ businesses.

bookkeeping 52

bookkeeping bookkeeping software Education Technology 52

Snyder

JULY 13, 2022

Since eBay’s migration to their own card processing and consolidated payment service is continuing progressively, eBay Managed Payments has become a hot topic for discussion among the sellers community. What does this transfer to managed payments mean for their sales rates and business flow?

E-commerce 98

E-commerce accounting and finance Sales quickbooks 98

Basis 365

MARCH 20, 2023

The topic has been all over the news, a steep incline in prices and as businesses face the effects of inflation, adopting suitable strategies to mitigate its impact is essential. However, there are ways businesses can navigate through inflationary periods to ensure sustainability and growth.

Account 52

Account accountant accounted bookkeeping 52

ThomsonReuters

NOVEMBER 30, 2020

Each episode explores current issue s or topic s , giving listeners an opportunity to gain a deeper understanding and new perspectives in tax and tech. We chat with top subject matter experts and industry leaders as we break down these top-of-mind topics. . Data & technology footprint.

Finance 98

Finance Technology Tax accounting and finance 98

ThomsonReuters

OCTOBER 1, 2022

Understanding your specific challenges is key to adopting an effective business strategy and spurring organic growth. By automating non-billable and low-value (typically manual data entry) activities, your staff can shift their focus to proactive, value-added work that enhances both client and employee retention and satisfaction.

Account 59

Account accountant accounted Technology 59

ThomsonReuters

JULY 6, 2023

In today’s ultra-competitive business landscape, being an accountant means far more than preparing tax returns or compiling financial statements. The guidance you provide can help streamline accounting processes , improve profitability, and enhance overall decision-making.

Account 88

Account accountant accounted tax return 88

Reckon

MARCH 22, 2023

Artificial Intelligence has been a hot topic for decades. While some of the latest tools have rather rudimentary AI capability, businesses can now be empowered through a vortex of novel solutions and reach new heights in automation. Yeah, yeah, ‘the robots are coming’. ‘AI How do they work?

Technology 52

Technology Sales 52

inDinero Accounting

DECEMBER 13, 2021

Credit: Lukas Blazek Running your own business can be rewarding, but it also requires a wide range of skills. One of the most critical aspects of running your own business is accounting. Unfortunately, not every business owner has the energy or knowledge to decide between cash vs. accrual or NetSuite vs. Quickbooks.

NetSuite 59

NetSuite accounting software quickbooks Account 59

Menzies

JULY 25, 2023

Digital Transformation and ESG are two hot topics amongst developing businesses right now. In this blog we’re going to explore why that is, and why you should know about them. Digital Transformation Over the last few years, we’ve seen a major increase in businesses adopting Digital Transformation.

Technology 40

Technology chartered accountant Construction Start-ups 40

ThomsonReuters

JANUARY 12, 2023

Governance risks include financial reporting, fraud prevention, executive pay transparency, and overall business dealings of the company. . Increasingly, businesses are engaging third-party assurance auditors to report on those ESG disclosures. . What is an ESG audit? Like any audit, ESG audits can be internal or external.

audit 52

audit auditor Technology Government 52

Snyder

DECEMBER 12, 2022

We’ll explore the best practices for boosting your business with the right marketing strategy and plan. Create a blog on your website. From the marketing angle, startups have one big advantage – they start fresh and can define who they’re and what they stand for in the business sense. Find ‘why’ behind your business.

E-commerce 52

E-commerce Account accountant accounted 52

Reckon

OCTOBER 16, 2023

Guest post by Kate Parish If your online business is looking for a better way to sell to mobile device users, we’re going to break down the primary choice you’ll face: mobile website or app? This prevalence spurred online business owners to wonder how they can win over this share of the audience. billion by 2025.

B2C 52

B2C Start-ups Technology B2B 52

inDinero Accounting

DECEMBER 22, 2021

Keeping records is also crucial to protecting your business – especially since the IRS is planning to increase business audits by 50%. With reliable enterprise accounting software, businesses can have up-to-date information about their finances in real-time. What is Enterprise Accounting Software? Clear reporting.

accounting software 52

accounting software NetSuite Account accountant 52

inDinero Accounting

DECEMBER 22, 2021

Keeping records is also crucial to protecting your business – especially since the IRS is planning to increase business audits by 50%. With reliable enterprise accounting software, businesses can have up-to-date information about their finances in real-time. What is Enterprise Accounting Software?

accounting software 52

accounting software NetSuite Account accountant 52

PYMNTS

APRIL 10, 2019

“Many enterprises see the value in applying AI and machine learning to their business challenges, but not all have the necessary resources to do it,” said Google Cloud Group Product Manager Levent Besik in a blog post, Venture Beat reported. Document Understanding AI can help automate document processing workflows.

Technology 43

Technology Start-ups 43

ThomsonReuters

JUNE 9, 2022

Even though automation has simplified the compliance process, the accounting business remains very much a relationship-based one. In our fast-paced business world, accuracy is no longer enough — clients want answers quickly too. Why is continuing education important for serving accounting firm clients?

Account 52

Account accountant accounted Education 52

Withum

JANUARY 24, 2023

In my last blog , I presented some best practices around Admin roles that can be used to target Microsoft 365 workloads such as Exchange Online, Microsoft Teams or SharePoint Online. Microsoft is in the process of decommissioning the legacy portal so no need to bookmark this one anymore. The full list of role groups can be found here.

audit 52

audit Technology Legal Maine 52

Going Concern

FEBRUARY 12, 2024

EY piled more than $700mn of extra debt on to its global operating business to deal with the costs of the failed plan to spin off its consulting arm, according to newly filed accounts. That’s been happening across the industry, according to Adrienne Gonzalez, who edits the accounting blog Going Concern. Anyone have any nice plans?

auditor 70

auditor Account accountant accounted 70

ThomsonReuters

NOVEMBER 30, 2020

Each episode explores current issue s or topic s , giving listeners an opportunity to gain a deeper understanding and new perspectives in tax and tech. We chat with top subject matter experts and industry leaders as we break down these top-of-mind topics. . Data & technology footprint.

Finance 52

Finance Technology Tax accounting and finance 52

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. And today, many public companies are rethinking their processes and technology to ensure long-term sustainability.

Account 52

Account accountant accounted Technology 52