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Stay Ahead of the Curve: Top AI Applications for Accounting CMOs and CGOs

CPA Practice

Sales Forecasting: AI can analyze historical sales data and market trends to predict future sales and help CMOs and CGOs develop sales strategies accordingly. Content Creation: AI can generate content, such as product descriptions, blog posts, and social media updates, based on predefined templates and user data. Read more here.

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What accounting advisory services should firms offer?

ThomsonReuters

Your expertise and knowledge are baked into every client engagement, ensuring a mutually beneficial experience for both parties, long-term growth, and revenue opportunities. Consider writing regular blogs or offering your unique insights on social media or by hosting a webinar. Networking is also an important marketing tool.

Account 98
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Investment in technology: How much time does your firm waste?

ThomsonReuters

To keep pace in an increasingly competitive landscape, forward-looking firms are investing in artificial intelligence (AI) solutions to automate tax workflow, open up additional revenue streams, and better serve clients. From a client advisory standpoint, AI provides more accurate data for customized analysis and forecasting.

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Simple money management moves for your side hustle!

Reckon

Guest post blog by Catherine Schwartz Today, having more than one income stream is completely feasible. By monetising YouTube videos and blogs, taking up flexible freelance gigs, and cashing in on social media affiliate marketing (some of the most common and lucrative side hustles) many digitally skilled young guns are taking the plunge.”

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Cash vs. Accrual Accounting

inDinero Accounting

Third, it will influence your capacity to forecast and budget with precision. In this blog post, we hack through the weeds to give you the information you’re looking for. A business that operates on a cash basis will record revenue and expenses as it receives cash or pays it out. What Is Cash Basis Accounting?

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6 ways to gain a competitive edge in a changing bookkeeping landscape

Reckon

If you offer professional advice about cash flow forecasting, warnings about impending financial issues, advanced budgeting, and ways to cut down on overheads, you become an oracle of valuable information and business advice. Another excellent source of revenue lies in legal documentation. You can be that source.

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Accounting advisory: What you need to know

ThomsonReuters

This shift not only increases revenue but positively impacts your clients’ business and financial lives—and opens the door to more meaningful work for you and your staff. How do you know if advisory is right for you? .” – Lera Kooper, Firm Director, Accountability Services How do I monetize advisory services?

Account 88