article thumbnail

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.

Account 59
article thumbnail

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. million from the federal government. Indeed, trust is not built on mitigating risks alone.

Account 114
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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.

Account 52
article thumbnail

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.

article thumbnail

Suppliers’ Late Payments Woes Expand Across Borders

PYMNTS

too, continues its own late payments fight, with the Association of Accounting Technicians recently describing the government’s own efforts to combat late payments in the construction sector as “insufficient.” Closes In On Construction.