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UK finance software isn’t making the grade

Accounting Insight

A quarter (25%) of CFOs surveyed rated their existing accounting software as ‘requires improvement’, while one in five (22%) rated it as ‘inadequate’. We can save MATs thousands of pounds as our true cloud software can scale to support this growth – a common challenge for existing legacy, on-premise software.”

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Ethical Concerns in Using Tax Planning Software

CTP

Artificial intelligence in accounting software is bringing new ethical challenges for professionals, their clients, and the public at large. A recent report by Acumen Research found that accounting professionals spent $1.5 This requires the application of methods of accounting and selections of an allowable tax year.

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Five tech trends for small businesses in 2024

Xero

Trend #4: Carbon accounting the next frontier for compliance We’re well into the critical decade of climate action and pressure will begin to mount on governments and industries to reduce their carbon emissions to meet the IPCC’s 2030 deadline.

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The Technology Lab Podcast – Rapid Close Tools – Sept. 2023

CPA Practice

So these tools often have individual progress and deadlines for each period that they assign out to the accounting team. And it turns out a lot of accounting software platforms just don’t do a very good job of tracking that internally. When things happen, like, you know, a debit shows up in a fixed asset account.

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Seize the Opportunity Around California and the SEC’s New Carbon Reporting Requirements

Cherry Bekaert

Globally, the near-term goal is to cut carbon emissions by 50% by 2030 to limit global warming to 1.5 There are tangible business benefits to measuring and reporting emissions,” says Gabriela Payne, Senior Manager, Risk & Accounting Advisory Services. In fact, most nations in the developed world, including the U.S.

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Best Invoicing Software for Small Businesses 2023

Snyder

While the previous practice was to keep the books manually and get paid in cash, today more and more businesses are taking the shift towards electronic accounting and invoicing to avoid erroneous billing and delayed payments. What is invoicing software? billion by 2030 from $5.87 Shift to e-invoicing 3. billion in 2020.

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ChatGPT Can Pass the CPA Exam But Here’s What It Can’t Do (Yet)

Going Concern

and we’ve been hearing for at least as long as this website has been alive that AI will all but eliminate accountants. No doubt, as time goes on, AI will get better and more positions may be replaced by AI but do you, the accountant, have to worry about your job? That’s perfectly natural, especially in high-strung accountants.

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