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Anti-money laundering and accounting: 2024 predictions

Accounting Insight

But what will changes in regulation mean for the accounting industry in the coming year? Regulatory consolidation There are currently 22 supervisory bodies that oversee the accountancy and legal sectors and are responsible for ensuring anti-money laundering (AML) compliance.

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Friday Footnotes: Fired Accountant Spills the Dirty Laundry; Scandals of Yore; Gen AI For Good | 1.26.24

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. Indeed, trust is not built on mitigating risks alone. million from the federal government.

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Friday Footnotes: Accounting AI Explodes; SOX Compliance Sux; KPMG Gets on a List | 6.17.22

Going Concern

VCs Target AI Accounting Startups as Companies Look to Control Spending in Uncertain Economy [ Wall Street Journal ] It’s finally happening! World-wide, startups making AI-powered accounting software amassed $233.3 Let the robot takeover commence! Now, that candidate may test in each of those locations.

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UK Accounting Trade Group Weighs In On Late Payments

PYMNTS

The proposals come from the Association of Accounting Technicians (AAT), and the trio of measures would, as reported by Building , change the nation’s Prompt Payment Code. In terms of individual company impact, a boost in Tesla ’s accounts receivable has gained the notice of analysts. To that end, U.K. Tesla And Late Payments.

Account 51
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Proposed UK Bill Aims To Crack Down On Late Payments

PYMNTS

The Association of Accounting Technicians (AAT) is in the midst of a campaign to fight the problem, with three changes. Late payments can also be counterproductive in terms of productivity, and can also have other effects, like minimizing well-being and causing stress to business owners.

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Where SMEs Stand At 2016’s Midpoint

PYMNTS

SMEs worry about unpaid invoices , a figure released by small business accounting firm Xero last week suggests. 19% of SMEs turn to Google for accounting advice , the Association of Accounting Technicians (AAT) found. 52% of U.K. days every month chasing down late payments.

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Online Accountants Forums: The 14 Best

Ryan Lazanis

Online accountant forums can be a valuable resource for accounting professionals looking to expand their knowledge, connect with peers, and stay up-to-date on industry trends. In this post, we’ll explore the benefits of participating in online forums for accountants and enumerate which ones are worth joining.