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Digits Accounting Agents embed AI agents to run entire accounting workflows from start to finish, pausing only when human judgment is necessary or desired, for firms on its Autonomous General Ledger.
Jason Bramwell The Institute of Management Accountants recently announced that it was expanding its competency framework for accounting and finance professionals. Jason Bramwell The Institute of Management Accountants recently announced that it was expanding its competency framework for accounting and finance professionals.
For tax and accounting professionals, the GENIUS Act is more than just a policy milestone—it’s a signal that stablecoins are entering the mainstream financial system. Understanding how this law affects your clients’ reporting obligations, accounting treatment, and compliance posture is now essential. Jump to ↓ What is a stablecoin?
Accountants are central to bridging this gap. Without active accountant involvement, organizations risk over-relying on passive technological defenses. Accountants who grasp these behavioral dynamics are better equipped to lead businesses through the emotional and operational challenges of building stronger defenses.
But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession.
OBannon Billtrust , a B2B accounts receivable workflow and payment software market leader, has added new innovations in its Collections solution, delivering a new standard for AR teams by unifying advanced automation, AI-driven insights, and seamless agentic AI workflows. .” auditing rules and standards were Goldman & Co.
AICPA chair Lexy Kessler looks ahead at the challenges and opportunities that are facing the profession, and what accountants need to do to be ready for them.
EDT 6 Min Read Facebook Twitter LinkedIn Email Accountants are facing increasing demands for precision, speed and data protection. Accountants manage a high volume of sensitive information daily, covering everything from client tax details and payroll reports to audit documentation and financial disclosures. All rights reserved.
EDT 1 Min Read Facebook Twitter LinkedIn Email The Institute of Management Accountants is expanding its competency framework for accounting and financial professionals. The IMA is explaining the details at its conference in Scottsdale, Arizona this week, as well as an American Accounting Association conference in August.
Technology is rapidly changing the way accountants perform and manage month-end activities. Watch SkyStem’s sneak peek into their award-winning account reconciliation software – ART. Spreadsheets, emails, and shared drives no longer need to slow you down.
OBannon The Sales Tax Sisters, Mary Thomas (Attorney and CPA) and Stephanie Thomas (CPA), are excited to announce their partnership with Roundtable Labs to launch The Sales Tax Hive , a new roundtable community designed exclusively for bookkeepers, accountants, and finance professionals navigating the complexities of sales and use tax.
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Let’s face it: managing accounting of your small-to-medium business in-house can be a challenge. But here’s the thing… Outsourcing your accounting isn’t just a convenience anymore — it’s becoming a competitive advantage in 2025. What is Outsourced Accounting? Tracking expenses.
Discover 10 game-changing reasons why accounting teams are ditching manual processes and embracing automation. Month-end doesn’t have to mean long nights and last-minute scrambles. It’s time to trade chaos for peace—and finally make the close feel… well, closed.
The three firms censured and fined by the PCAOB on July 11 for violating U.S. auditing rules and standards were Goldman & Co. CPAs ($25,000), Raymond Chabot Grant Thornton in Canada ($30,000), and PWR CPA ($60,000).
In 2021, it acquired Long Cook & Samsa in Wooster, Ohio, and in 2015 it acquired LBC International Investigative Accounting in Canada, London and Paris. All rights reserved.
The top 100 accounting firm and the ERP platform announced a strategic partnership that will allow businesses to gain access to a co-sourced accounting model that blends technology and expert advisory services.
Kurt Hohl, a former partner at Big Four accounting firm Ernst & Young and an SEC alum, is returning to the markets regulator as its chief accountant, effective July 7.
SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.
Dan Luthi explores the new AI Accounting Agent and client collaboration tools, and how the new QuickBooks interface is helping users interact with their financial data.
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Advisory services are one of the biggest growth opportunities for tax and accounting firms today. Why many accounting firms are stuck in neutral Despite the clear upside, many firms are struggling to scale their advisory practices. But for many, turning this opportunity into reality remains a challenge.
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Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process. Field of Study: Accounting. Recommended CPE: 1 CPE. Program Cost: $0.
Her journey is a blueprint for modern firms looking to lead in an era of rapid accounting innovation. In this episode of Canopy Practice Success , Tanya shares how she transformed her practice using AI in tax services, tax automation, and a commitment to balance.
In the fast-evolving accounting landscape of 2025, staying ahead means embracing technology that enhances efficiency, accuracy, and client satisfaction. Accounting Practice Management Software (APMS) has emerged as a game-changer for.
In this episode, KC Brothers interviews Reza Huda, an accounting firm owner and author of 'The Four Pillars'. They discuss the journey of accounting practice owners towards achieving freedom, the flaws in traditional billable hour models, and the importance of pricing strategies and positioning.
Withum is proud to announce that Nadia-Maria Matthie has been awarded the Ronald Benjamin National Achievement in Public Accounting Award at the 2025 National Association of Black Accountants (NABA) Awards Gala. She is passionate about progressing the next generation of accounting professionals.
Elevate your accounting efficiency with ART’s game-changing capabilities! ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.
State lawmakers in Pennsylvania and Delaware each voted on Thursday to pass their respective CPA pathways legislation, joining a growing number of states enacting new laws to provide alternative routes to obtaining a certified public accounting license and ease the accounting shortage. Have a good one, you.
Embracing these and other innovations will allow you to deliver higher-value services, solidify their position as trusted advisors, and ultimately, drive greater success for their clients in an increasingly data-driven world.
How niche accounting firms use demand generation strategies to build awareness, grow revenue, gain visibility, and build a pipeline in their specialty market.
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Every company, no matter its size, must address its finance and accounting requirements. This guide looks at the finance function for companies at different stages, and the types of issues and challenges that they face when they fail to build agile, scalable accounting and finance operations from the start.
The Governmental Accounting Standards Board is juggling a variety of projects to improve accounting for state and local governments as they come under pressure from the threat of reduced funding from the federal government. "If All rights reserved. But in todays environment, its at least something they have to consider."
The AI agents include: Accounting Agent: Automates bookkeeping and transaction categorization, and helps with reconciliation of the books. All rights reserved. The homepage displays a set of customizable widgets with a business feed showing insights, recommendations, and summaries of the workflows and tasks completed by the AI agents.
By Brannon Poe, Founder of Poe Group Advisors A version of this article first appeared in The Journal of Accountancy’s CPA Insider By Brannon Poe, CPA How Does An Earnout Affect The Buyer And Seller? Earnouts are popular deal structures used by buyers and sellers of accounting practices, but they have drawbacks.
The accounting profession is undergoing a significant transformation as more non-CPAs acquire CPA firms. A growing number of non-CPA buyers are acquiring multiple CPA firms to build scalable, regional, and niche accounting businesses. This shift has opened the door for non-CPA buyers looking to enter the accounting profession.
Speaker: David Bergstein, Chief Innovation Officer at Bergstein CPA
In the accounting profession, the post-COVID business model is surely on everyone's minds. Join David Bergstein, Chief Innovation Officer at Bergstein CPA, as he shares insight on the accounting landscape, new trends, and practical tips for reevaluating your company's positionality.
Bassim Michael has created Practice Gauge, a cloud-based analytics platform for his fellow accountants to use with their dentistry and veterinary clients.
The accounting industry is one of the fastest-growing industries in the U.S, Although this exponential growth showcases a bright future for accounting. with the revenue reaching $145.5 billion this year.
Brian Tankersley, CPA, and Randy Johnston, discuss the recently held CPA thought leader and think tank symposium, which included discussions of upcoming trends and technologies critical for accounting and tax professionals.
million from the business where she worked as an accountant. Ashley Sumner, 39, of Weymouth, was sentenced to three and a half years in prison for stealing over $1.2
Speaker: Javier Goldin, Managing Partner at Goldin Group LLC
The accounting profession has been moving from transactional to advisory work. In this webinar you will learn: How important are face to face relationships for an accounting firm? Advisory work is based on relationships and an ongoing dialogue. The pandemic has forced many firms into a remote environment.
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