CPA Practice

OCTOBER 6, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss the latest trends in practice management for accounting firms. Transcript (Note: There may be typos due to automated transcription errors. Randy Johnston 00:02 Well, welcome to the Technology Lab. Use the podcast player below to listen. Tankersley, CPA.CITP, CGMA.

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Technology Account accountant accounted 52

CPA Practice

APRIL 9, 2024

Let’s face it, the accounting profession has developed a bad reputation – toiling through long hours chained to a desk, crunching numbers, deciphering archaic tax codes and grinding out tedious tasks, all for lower starting pay and heavy licensing requirements. Compounding the problem is the increased demand for accountants.

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cpa firm CPA Technology Legal 122

CPA Practice

JANUARY 17, 2024

Coming on the heels of a Moss Adams study that revealed 69% of accountants believe artificial intelligence has a positive impact on the accounting profession, a new report from AI customer support company DevRev found that accountants don’t fear AI advancements the most among professionals in the U.S.

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North Dakota Rhode Island West Virginia South Dakota 58

Withum

MAY 24, 2024

When discussing AI at work, specifically Generative AI (Gen AI) and the future of work, there are significant opportunities for augmentation, acceleration, automation and analysis across various sectors: Augmentation: Gen AI can enhance human capabilities, particularly in creative, STEM and business fields.

Technology 59

Technology Healthcare accounting and finance Education 59

PYMNTS

JANUARY 9, 2019

In a 2017 report from job hunting site Indeed , researchers found that “small business accountant” was nowhere to be found in the top-10 job positions sought after by most small business employers. “Bookkeeping is the low-value work performed by accounting firms,” he said.

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Technology bookkeeping Account accountant 71

Going Concern

NOVEMBER 6, 2023

The industry-first exercise will combine the consulting, risk, tech consulting, and deal advisory practices of the three regions of the consulting giant into KPMG India, the people said. In 2018, Veritas Capital, which invests in businesses at the intersection of government and technology, acquired the U.S. will fall into the sea.

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audit Account accountant accounted 95

Going Concern

MAY 6, 2024

Borgers with deliberate and systemic failures to comply with Public Company Accounting Oversight Board (PCAOB) standards in its audits and reviews incorporated in more than 1,500 SEC filings from January 2021 through June 2023. Last weekend’s weekend discussion: It’s Mental Health Awareness Month. First I’m hearing of it.

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auditor audit Account accountant 77

CPA Practice

APRIL 7, 2023

The resources, per the new plan, will be used to tackle three primary objectives: enhance the agency’s customer service operations, beef up resources to “unpack the complex filings” of wealthy individuals and large corporations, and update outdated technology and security systems.

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Technology Tax Government income tax 127

PYMNTS

JUNE 7, 2018

Artificial intelligence has received a mixed welcome from corporates exploring how the technology could disrupt their operations. While AI can deliver time and cost savings, automation and actionable insights, executives are also concerned that the tool will displace professionals like accountants and procurement officials.

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Technology Account accountant accounted 51

ThomsonReuters

DECEMBER 29, 2022

Helping companies ensure compliance by outsourcing for business processes represents a growth opportunity for today’s tax and accounting firms. . “ Consider this: the global business process outsourcing market size accounted for $241.7 billion by 2030, growing at a compound annual growth rate (CAGR) of 8.9

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corporation tax Tax income tax tax return 59

Going Concern

MAY 24, 2023

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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CPA Technology accounts payable Accounts Payable Automation 98

CTP

NOVEMBER 16, 2022

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 So why should you be scrutinizing this technology? billion on such programs in 2021 alone [1].

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tax planning Tax Technology Non-Profits 95

Accounting Insight

MARCH 21, 2023

A quarter (25%) of CFOs surveyed rated their existing accounting software as ‘requires improvement’, while one in five (22%) rated it as ‘inadequate’. The launch of the Education edition of iplicit’s software will be at BETT UK – the country’s largest education technology (EdTech) event – taking place at ExCeL London, from March 29 to 31.

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Finance accounting and finance Education accounting software 59

Accounting Insight

FEBRUARY 23, 2023

Award-winning accounting software provider, iplicit , is launching a major push in the education sector with an objective to disrupt the norm and shake up incumbent finance software providers. By iplicit The post iplicit launches major move into the education sector appeared first on Accounting Insight News. concludes Stickley.

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Education accounting and finance accounting software Finance 72

Cherry Bekaert

APRIL 9, 2024

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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California Technology Manufacturing Transportation 52

PYMNTS

JULY 1, 2019

Consider ongoing and looming advances in home automation and artificial intelligence (AI)-guided systems for consumers. As Cherry Home CEO and Co-Founder Max Goncharov told PYMNTS, the company’s Cherry Home device is a smart device equipped with computer-visioning technology, designed to monitor older users’ in-home behavior.

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Technology Start-ups Retail Account 72

PYMNTS

DECEMBER 5, 2019

New analysis from small business (SMB) accounting platform Xero is calling attention to the late B2B payments epidemic in South Africa. It could contribute [toward] a salary, or pay for some new technology.” It’s really positive to see that [SMBs] want to invest in new tech and growing their teams,” Timmis continued.

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MineralTree

DECEMBER 29, 2022

Financial digital transformation is the process of leveraging technology to improve financial operations. This includes automating processes and streamlining data collection, storage, and reporting. According to Finance 2030, finance leaders are spending up to 19% more time on value-added activities than they did 10 years ago.

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AP Automation Technology accounting and finance audit 52

PYMNTS

JANUARY 2, 2019

In a recent report published by Protiviti and North Carolina State University, analysts found just how important technology and innovation are becoming for corporate executives. The World Trade Organization’s latest analysis on the technology found blockchain could add $3 trillion to the world’s global trade markets by 2030.

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PYMNTS

JULY 20, 2018

With Amazon Go and other retailers seeking to change the way consumers pay for groceries, mobile technology companies are eyeing value-add services, such as loyalty programs for self-checkout. At the same time, banks are turning to artificial intelligence (AI) technology to gain an edge over their competition.

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Technology Retail Account accountant 40

PYMNTS

APRIL 3, 2019

Everex, which traces its genesis to 2016, has focused on distributed ledger technology for cross-border payments. Separately, Bill.com , in addition to securing $88 million in financing, has launched a partnership with Mastercard to speed up accounts payable for joint business customers. Canada and Asia. A Larger Stage.

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PYMNTS

JANUARY 23, 2018

It’s a tale as old as technological innovation: Humans fear that robots will one day overtake their jobs. While it’s true automation, robotics and other cutting-edge solutions may take away the need for human intervention, the implementation of these solutions usually just redirects a human’s job, and doesn’t replace it outright.

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PYMNTS

JUNE 9, 2017

Artificial intelligence (AI)–assisted technologies have been on the rise over the past few years. You give AI technology the target — and you let it manage the budget as well — and then what it does is it automatically bids, buys, places and optimizes all of the creative materials you give to it,” said Subramanyam.

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Technology Retail Gaming Sales 71

PYMNTS

OCTOBER 22, 2019

The cross-border business payments market is significant, as Medici research finds that international accounts payable (AP) by small- and medium-sized businesses (SMBs) currently hold approximately $7 trillion, and marketplace payouts amount to about $8 trillion. International B2B Payments Pains.

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B2B accounts payable Technology Account 41

PYMNTS

APRIL 6, 2017

Considering all of the new technologies, changing consumer behaviors and innovation taking place across the retail sector, we have no way of knowing exactly what’s coming next. There’s no question that retail will look dramatically different by the year 2030. Now more so than ever, it’s actually crucial,” he explained.

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Technology Retail Entertainment Sports 41

PYMNTS

OCTOBER 19, 2016

This new technology comes after Alibaba introduced a facial recognition technology for the Alipay mobile payments service advertised as “pay with a selfie.” Passenger traffic is expected to increase to 100 million by 2030 as new runways are built. ” Perhaps “sobering” is the word he was looking for.

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Entertainment Technology Manufacturing Retail 70