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Your Firm and Your AI Future

CPA Practice

By 2025, Global 2000 (G2000) organizations will allocate over 40% of their core IT spending to AI-related initiatives, leading to a double-digit increase in the rate of product and process innovations. AI can also reduce errors and improve efficiency, leading to cost savings for accounting firms. Predictions 3-10 are “By 2024.”

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How to Grow Expertise, Build a Stronger Career, and Develop Talent Pipelines

CPA Practice

There are several ways accounting professionals and organizations can benefit from upskilling and reskilling online — whether to prepare for the CPA exam, build cutting-edge analytic capabilities, or create a new talent strategy. In 2020, the World Economic Forum predicted a decline in accounting jobs by 2025.

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Future of Accounting: The 2022 Annual Guide

Ryan Lazanis

In this guide, I’m going to outline what the future of accounting looks like for accounting firms and how to best prepare for it in 2022. This guide will cover trends that are happening at this very moment and specific strategies that you can use right now to better prepare you and your firm for the future.

Account 111
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Friday Footnotes: KPMG Downsizes (Office Space); CPA CPA CPA; Some Good News on Diversity | 8.26.22

Going Concern

The report also stated that according to industry estimates, the market is expected to reach $20-25 billion by 2025 from $4-7 billion in 2020. We found Barry Melancon’s Reddit account. Do we need accounting firms? It requires support with capturing data, reporting, and auditing – core skills of an accounting firm.

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