ThomsonReuters

AUGUST 3, 2023

In the rapidly evolving landscape of the tax and accounting industry, specialization has emerged as a solid differentiator, providing firms with a distinct competitive edge. Enhancing reputation and credibility Specialization builds a reputation for excellence and credibility within the accounting industry.

accounting firms 98

accounting firms Account accountant accounted 98

ThomsonReuters

FEBRUARY 2, 2022

the potential market available to tax and accounting firms is massive. How to market tax and accounting services. People search online for products and services, including accounting services. A better approach is to build a reputation as an accounting expert. With more than 144.3 million individual taxpayers and 31.7

accounting firms 98

accounting firms Account accountant accounted 98

CPA Practice

APRIL 22, 2024

The AICPA & CIMA have released their “Redefining Finance for a Sustainable World ” white paper, the latest iteration of their Future of Finance research program. A clear divide has opened up between accounting and finance professionals who work as business partners and those who don’t.

Finance 84

Finance accounting and finance Technology CPA 84

CPA Practice

APRIL 26, 2023

The Pennsylvania Institute of Certified Public Accountants , the largest CPA association in Pennsylvania with over 20,000 members, has issued its latest Insights report. The report’s deep dive provides the latest data on compensation across titles, technology adoption, billing model breakdowns, M&A and more.

Pennsylvania 52

Pennsylvania public accounting accounting firms Account 52

ThomsonReuters

JANUARY 16, 2024

Why is overall accountant wellness important? Making occupational wellness a priority Tax and accounting professionals are known for working hard, especially during tax season. Why is overall accountant wellness important? As an accountant, you face multiple pressures every day that can affect your health and happiness.

Tax 52

Tax Account accountant accounted 52

ThomsonReuters

OCTOBER 31, 2023

Jump to: How is AI affecting accounting? Is AI replacing accounting jobs? What is AI automating in accounting? Can AI do accounting? How to use AI to innovate Artificial intelligence (AI) is making its presence felt across many industries—and the accounting profession is no exception.

accounting jobs 52

accounting jobs accountant jobs accounts jobs Account 52

ThomsonReuters

AUGUST 1, 2023

Thomson Reuters set out to answer that question by surveying more than 100 CPAs who are currently employed as accountants. The results show that tax and accounting professionals know exactly what they want in an employer—and here’s how firms can heed the call. hours per week. Respondents said they would prefer to average 40.6

Account 98

Account accountant accounted accounting firms 98

ThomsonReuters

OCTOBER 24, 2023

Jump to: Automation, AI Technology: A Time and Resource Saver Outsourcing: Scale your business and reduce your costs A flexible work model: Expand your talent pool and gain a competitive edge How to handle the shortage of staff in your accounting department Recent trends have only amplified this challenge.

Account 52

Account accountant accounted Technology 52

Insightful Accountant

JUNE 22, 2023

In this white paper from ADP, you can learn what it takes to stay ahead of the curve and position yourself as a trusted advisor to your clients.

Account 52

Account accountant accounted 52

ThomsonReuters

JULY 11, 2023

Accounting firms turn to a three-tiered approach to uncover opportunities Accounting firms are severely impacted by the dynamic post-pandemic economy. While the fundamentals of accounting remain the same, the processes and skill sets required to execute them are changing. According to Revelio Labs Inc.,

Technology 73

Technology Account accountant accounted 73

ThomsonReuters

OCTOBER 27, 2023

But, many accounting firms offering pro bono services fail to take a strategic and organized approach, opening themselves up to a host of potential challenges. If you’re going to give a client pro bono accounting services, you need to formalize those discounts as part of your billing process — and do it the right way.

Account 59

Account accountant accounted accounting firms 59

ThomsonReuters

FEBRUARY 24, 2023

This is due, in part, to a growing number of private equity firms entering the accounting market. As Allan D. Koltin, CEO of Koltin Consulting Group, explained, private equity firms perceive accounting firms as being low risk, high reward. How does integrated technology make firms attractive to buyers or venture capital?

accounting firms 59

accounting firms Account accountant accounted 59

ThomsonReuters

APRIL 30, 2024

Jump to: The role of emotional intelligence (EQ) in client relationships The evolution of client service in accounting firms Leveraging technology for enhanced client service Forward-looking accountants are increasingly realizing the importance of harmonizing technical tax expertise with interpersonal relationship skills.

Technology 52

Technology accounting firms financial statements Tax 52

Accounting Insight

SEPTEMBER 14, 2023

ACCA commends FRC’s proposed changes as the accountancy body supports major overhaul of code in light of exponential change and disruption facing companies High quality corporate governance drives performance and accountability. Read ACCA’s submission here. You can register for a free ticket here.

Government 59

Government Account accountant accounted 59

Ryan Lazanis

FEBRUARY 3, 2023

If you’re looking for tried, tested, and true tactics to help you generate more accounting leads for your firm, you’re in the right place. Table of Contents What is Lead Generation for Accountants 21 Tactics to Help You Generate Leads What is Lead Generation for Accountants? Let’s go! followers. followers.

Account 52

Account accountant accounted accounting firms 52

Withum

APRIL 8, 2024

Download our white paper today and discover how alternative approaches like outsourcing could be the missing piece in your ESG puzzle. What’s Inside the White Paper?

Government 52

Government Account accountant accounted 52

ThomsonReuters

JANUARY 22, 2024

White paper Stay ahead of the pack in the tax and accounting industry We understand the challenges you face in today’s rapidly changing business environment.

Tax 105

Tax business tax accounting and finance payroll 105

Withum

DECEMBER 12, 2023

Certified Public Accountants (CPAs) are the trusted providers of most companies for financial auditing and have been supporting the assurance of non-financial ESG and climate information for decades. One International Federation of Accountants (IFAC) study revealed that 70% of global ESG assurance is performed by accountants.

audit 59

audit cpas Account accountant 59

ThomsonReuters

JANUARY 31, 2024

The post Top 10 tips to streamline your 1040 tax workflow appeared first on Tax & Accounting Blog Posts by Thomson Reuters. By using data analytics, client portals, and scalable tax software, you can provide more value to your clients, streamline your workflows , and stand out from the competition.

Tax 52

Tax Technology Account accountant 52

ThomsonReuters

FEBRUARY 26, 2024

There are many paths to accountancy, but this is one we don’t hear of often:  Erin Heath   grew up on a cattle ranch in South Dakota, where many of her “ranch-hand” duties sparked her interest in numbers. But it was an introduction to accounting class in high school that paved the way. “It It was love at first sight,” she recalls. “I

CPA 98

CPA South Dakota Nebraska Tax 98

CPA Practice

OCTOBER 16, 2023

Tax season poses immense challenges for accounting firms. In this white paper, we explore how firms achieve faster turnarounds, improved workflows, and better client service through domestic outsourcing providers. Capacity constraints force CPAs to work overtime to meet tight deadlines.

cpas 69

cpas Education accounting firms Tax 69

ThomsonReuters

APRIL 2, 2024

million from Ohtani’s bank account. However, this account was later disavowed, and Ohtani’s law firm stated that he had been the victim of a “massive theft.” Newsletter Top Reads – Tax Professionals Join us each month as we explore the role and impact of AI on tax, accounting, and audit professionals.

Gambling 105

Gambling Sports Legal Tax 105

TaxConnex

FEBRUARY 28, 2023

Businesses without a sales and use tax account must apply for one. Also see our white paper/ebook Intricacies of Sales Tax Taxability Across Various Industries. Businesses providing these services must charge and remit a 6% sales tax on the total sales price of the service effective last Jan.

Kentucky 147

Kentucky Tax Real Estate Education 147

CPA Practice

JANUARY 30, 2024

The survey of over 1,300 C-suite and senior finance and accounting (F&A) professionals in the US, Canada, UK, France, Germany, Australia, and Singapore reveals the factors business and F&A leaders globally are worried will disrupt their organization and the broader business and economic environment.

accounting and finance 117

accounting and finance Technology Finance Account 117

Withum

MAY 2, 2023

Download White Paper Are you struggling with the complexities of revenue recognition standards like ASC 606? Have you found that managing revenue recognition with basic accounting systems and spreadsheets is a repetitive, time-consuming, and error-prone process? Drive the complexity and cost out of ASC 606 compliance.

NetSuite 59

NetSuite basic accounting Management Consulting accounting system 59

ThomsonReuters

FEBRUARY 9, 2024

Societal concerns: The act underscores broader societal concerns about income inequality and corporate accountability, urging tax firms to engage in discussions aligned with financial goals and ethical responsibilities. As these proposals progress, it will be interesting to see how they shape the future of taxation in the United States.

Tax 110

Tax tax return Technology income tax 110

ThomsonReuters

FEBRUARY 27, 2024

Sandy Heit’s path to owning her own accounting firm was a bit unconventional — and ultimately involved her love for photography. She pursued accounting due to a combination of a love for math and heeding her mother’s advice to have a stable job.

cpa firm 52

cpa firm accounting firms accounting careers CPA 52

ThomsonReuters

MARCH 12, 2024

Jump to: Identify the common barriers to change Overcome the barriers with communication Reframe the narrative Remember your clients Set the expectations for adaptation Running an accounting firm can feel like you’re constantly chasing changes. These tips should help your firm prepare for and maximize the benefits of change.

cpas 52

cpas Technology accounting firms Tax 52

ThomsonReuters

JULY 13, 2023

If you’re part of a small or medium-sized tax and accounting firm, you may think artificial intelligence (AI) solutions are solely designed for large organizations – but think again. To learn more, let’s take a look at three ways accounting firms can use AI as a competitive advantage.

Tax 97

Tax Technology accounting firms income tax 97

ThomsonReuters

MAY 9, 2024

However, since its implementation, the CTA has faced criticism and legal challenges, particularly from accounting professionals and small businesses. Accounting professionals and small businesses have expressed apprehension about the filing requirements and the burden they place on small businesses and those who assist them.

Tax 52

Tax Education cpas Legal 52

ThomsonReuters

MARCH 8, 2024

As busy accountants, it’s easy to get stuck in survival mode. How can you build your service offerings to better serve your clients and grow your CPA firm through accountability? Accounting firms face an array of challenges, such as new technologies, increased client demands, legislative changes, and staffing constraints.

cpa firm 96

cpa firm CPA Technology Tax 96

ThomsonReuters

AUGUST 3, 2023

As a result of the explosion of new tools and software available, accounting firms have a significant opportunity to improve their reputational status through enhanced advisory service offerings. Accounting firms who are equipped with these tools and information will be in a position to help their clients respond to these changes.

Technology 98

Technology accounting firms Tax Account 98

CPA Practice

NOVEMBER 6, 2023

AICPA News is a round-up of recent announcements from the American Institute of Certified Public Accountants. The program allows UMCS students to kickstart their careers by developing their accounting, finance, and business skills and earning prestigious professional qualifications alongside their university studies.

Texas 114

Texas Georgia accounting and finance Virginia 114

ThomsonReuters

JANUARY 29, 2024

Today’s accounting firm leaders are constantly grappling with two pivotal challenges: attracting top-tier talent and holding on to the people they have. By integrating advanced software solutions, firms can streamline their operations and send a clear message: they are prepared to evolve and adapt to the future of accounting.

Technology 52

Technology accounting degree tax preparation cpa firm 52

ThomsonReuters

AUGUST 10, 2023

We are watching, in real time, firms successfully streamline accounting practices, boost productivity, and bolster their bottom lines with the adoption and implementation of new technologies. In the tax and accounting space, there are some great tech solutions that can help ensure a smooth transition between existing tools and new software.

audit 97

audit Technology Tax Account 97

TaxConnex

APRIL 28, 2022

In many ways, virtual audits are just like traditional audits, except audit activity takes place remotely and digitally,” reads the blog of the accounting consultancy Floqast. And of course, save paper. The virtual audit is becoming a more common way for states to conduct business, in part due to restrictions from the pandemic. “In

audit 174

audit auditor general ledger Minnesota 174

ThomsonReuters

JANUARY 14, 2022

Being an accountant means that work often comes in ebbs and flows. It’s a significant issue for tax professionals and accountants. Being an accountant is different. Whether you are a remote worker or managing a full accounting firm, stop the burnout before it starts. What is burnout? And the problem is pervasive.

Tax 98

Tax Technology Start-ups accounting software 98